Finastra
Partners & Customers
10About Finastra
Finastra provides a range of financial services, treasury, lending, and banking software solutions to bank and financial institution clients, providing both in-house and cloud-based tools. It also offers corporate banking, retail banking, digital banking, and, payment services. The company was founded in 2017 and is based in London, United Kingdom.
Expert Collections containing Finastra
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Finastra in 3 Expert Collections, including Digital Banking.
Digital Banking
839 items
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Digital Lending
2,169 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
12,436 items
Excludes US-based companies
Latest Finastra News
Oct 18, 2023
Finastra and ELCY to Offer Unified Trade Finance Solution for Corporates Finastra, a global provider of financial software, and ELCY, a specialist in e-commerce solutions for trade finance, have partnered to offer a trade finance solution for corporates. The Corporate Trade Finance Portal will enable corporates to communicate with all their banks through one centralised platform, giving them greater visibility and control over their trade finance exposures. The portal will also help corporates to reduce costs and improve efficiency by eliminating the need to connect to multiple bank systems and paper-based processes. It is available as a cloud-based, multi-tenant SaaS solution, meaning that there is no software to install and all users benefit from centrally-managed software upgrades. Jaime Lynn Jaime Lynn, Vice President, Enterprise Solutions, Finastra said, “ELCY brings a wealth of expertise in meeting the trade finance needs of corporates, while Finastra meets the end-to-end digitization needs of banks focused on international trade and supply chain finance. Our close collaboration with ELCY expands our suite of solutions for corporates, enabling them to connect to all banks supplying them trade finance through a single portal.” Robin Cohen, Chief Executive Officer, ELCY added, “Customers using our joint Corporate Trade Finance Portal will be equipped to communicate seamlessly, both on the import and export side, with any SWIFT-enabled bank in the world to manage their day-to-day trade finance processing. All instructions or messages sent through the portal can be tailored to conform with the message type preferred by the bank in question. Furthermore, the portal includes extensive modular functionality enabling corporates to monitor counterparty and bank exposure, manage global bank limits and provide reports for credit and treasury departments all in real time.”
Finastra Acquisitions
4 Acquisitions
Finastra acquired 4 companies. Their latest acquisition was Malauzai Software on June 18, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/18/2018 | Series D | $24.05M | Acquired | 1 | ||
1/30/2018 | ||||||
6/14/2017 | ||||||
6/14/2017 |
Date | 6/18/2018 | 1/30/2018 | 6/14/2017 | 6/14/2017 |
|---|---|---|---|---|
Investment Stage | Series D | |||
Companies | ||||
Valuation | ||||
Total Funding | $24.05M | |||
Note | Acquired | |||
Sources | 1 |
Finastra Partners & Customers
10 Partners and customers
Finastra has 10 strategic partners and customers. Finastra recently partnered with Tonik on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/26/2023 | Partner | Poland | Tonik extends core banking partnership with Finastra to accelerate growth As part of the renewal , Finastra will strengthen the partnership with the deployment of dedicated consultants to help accelerate Tonik 's development and launching of new products and services . | 6 | |
9/20/2023 | Partner | United States | Finastra signs global agreement with Microsoft to accelerate trade platform modernization Bill Borden , Corporate Vice President , Worldwide Financial Services , Microsoft Azure added : `` We 're excited to deepen our relationship with Finastra to support banks on their trade modernization journey . | 8 | |
9/18/2023 | Client | France | Banque Delubac & Cie launches instant payments offering with Finastra France-based Banque Delubac & Cie , which offers specialist banking services , has gone live with its new instant payments offering in partnership with Finastra . | 1 | |
8/9/2023 | Vendor | ||||
7/27/2023 | Licensor |
Date | 9/26/2023 | 9/20/2023 | 9/18/2023 | 8/9/2023 | 7/27/2023 |
|---|---|---|---|---|---|
Type | Partner | Partner | Client | Vendor | Licensor |
Business Partner | |||||
Country | Poland | United States | France | ||
News Snippet | Tonik extends core banking partnership with Finastra to accelerate growth As part of the renewal , Finastra will strengthen the partnership with the deployment of dedicated consultants to help accelerate Tonik 's development and launching of new products and services . | Finastra signs global agreement with Microsoft to accelerate trade platform modernization Bill Borden , Corporate Vice President , Worldwide Financial Services , Microsoft Azure added : `` We 're excited to deepen our relationship with Finastra to support banks on their trade modernization journey . | Banque Delubac & Cie launches instant payments offering with Finastra France-based Banque Delubac & Cie , which offers specialist banking services , has gone live with its new instant payments offering in partnership with Finastra . | ||
Sources | 6 | 8 | 1 |
Finastra Team
40 Team Members
Finastra has 40 team members, including current Chief Executive Officer, Simon Paris.
Name | Work History | Title | Status |
|---|---|---|---|
Simon Paris | SAP, Infor, and McKinsey & Company | Chief Executive Officer | Current |
Name | Simon Paris | ||||
|---|---|---|---|---|---|
Work History | SAP, Infor, and McKinsey & Company | ||||
Title | Chief Executive Officer | ||||
Status | Current |
Compare Finastra to Competitors
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