Finxact is innovating the first enterprise class cloud-native Core-as-a-Service platform with a 100 percent accessible open banking API. Finxact’s modern architecture enables banks to rapidly deliver new experiences by creating products on demand and integrating new services as needed. The Finxact team has been at the forefront of banking software for 35+ years, and together with its best of breed partners is disrupting core banking so financial institutions can truly transform on their terms. Learn more at www.Finxact.com.
Location: United States, Florida, Jacksonville
Employees: 51-200
Total raised: $42M
Founded date: 2016
Funding Rounds 2
| Date | Series | Amount | Investors |
| 06.02.2019 | - | $30M | - |
| 10.05.2017 | Seed | $12M | - |
Mentions in press and media 21
| Date | Title | Description |
| 25.12.2025 | Two Threads, Two Triumphs: Funding Fuels Fintech and AI Service Revolution | Two distinct entities named Thread recently secured significant funding, marking pivotal advancements in their respective sectors. Nashville's Thread Bank raised $30.5M, expanding its embedded and digital banking services nationwide. Separa... |
| 23.12.2025 | Thread: $30.5 Million Raised To Expand Embedded Banking And Scale Its Digital Branch Model | Thread Bancorp, the parent company of Thread Bank, announced it has closed a $30.5 million funding round to accelerate development of its Embedded Banking strategy and expand what it describes as a “digital branch” model delivered through p... |
| 16.12.2025 | Thread Raises $30.5M in Funding | Thread, the Nashville, TN-based parent company of Thread Bank, a wholly-owned subsidiary, raised $30.5M in funding. The round consisted of a $27.6M initial raise and a $2.9M extension. Portage Ventures led the round, with participation from... |
| 30.05.2024 | Banking Visionary Chip Mahan Joins DefenseStorm Board of Directors | James S. "Chip" Mahan III A proven visionary who has led successful change in the financial services industry for years, Mahan values DefenseStorm's unique built for banking approach to cyber risk management for financial institut... |
| 22.11.2022 | Finxact and KPMG Announce Alliance for Innovative Delivery of Banking & Advisory Services to Drive Banking Core Modernization and Embedded Finance Transformations | Finxact, a Fiserv company and a leading provider of the next generation core banking platform for the US regional and super-regional banking sector, announced its alliance with KPMG. As part of the strategic relationship, KPMG will advise a... |
| 02.09.2021 | Finxact Marketplace Welcomes Feedzai | Finxact, the provider of the next-gen core banking platform to the US regional and super-regional banking sector, announced that Feedzai, the leading cloud-based financial risk management platform, has joined its Marketplace of best-in-clas... |
| 16.04.2021 | Finxact & Wipro Partner to Help US Mid-tier Banks with Core Transformation | |
| 05.11.2020 | Unqork and TransferWise Are Latest Fintech Leaders to Join Finxact Marketplace | |
| 23.06.2020 | The best way to teach yourself to code and land a 6-figure job, from 5 people who've done it | Mikhail Tereshchenko / Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Redeem now Many people are keen to teach themselves to code because it's a career path that can quickly... |
| 06.02.2019 | Jacksonville-Based SaaS Core Banking Company Finxact Raises $30 Million | Jacksonville, Florida-based SaaS core banking company Finxact has raised $30 million in equity funding from new and existing investors. American Bankers Association (ABA), Accenture Ventures, SunTrust Bank, and other strategic industry lead... |
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