Unqork and TransferWise join Finxact Marketplace’s to modernize banking technology

Finxact Marketplace aims to keep banks up to date with the latest tech, including cloud technology

man with banking tech in front of him

Today, Finxact announced it’s adding two new fintech companies, Unqork and TransferWise, to its Finxact Marketplace. The Finxact Marketplace is a network of innovative fintech companies that provide banks with core banking options, including cloud technology, to help them keep up with today’s fast-changing banking industry.

TransferWise, a $5 billion fintech company,  uses API to improve the way banks move money around the globe. 

Abid Mumtaz, Global Head of TransferWise for Banks, said, "I'm excited to announce TransferWise's partnership with Finxact, a company that similarly values transparency. TransferWise ultimately wants to ensure that everyone has access to fast, cheap, and transparent international money exchange, and this partnership with Finxact is the next step in achieving this mission."

Unqork is a no-code platform that improves quality while lowering the cost of mission-critical application development. The company received a $2 billion valuation following a recent capital raise.

"Unqork's no-code platform was designed to support mission-critical applications in regulated industries like financial services, so joining the Finxact Marketplace makes perfect sense," said Brian Karimi-Pashaki, Director, Technology Partnerships & Marketplace, Unqork. "It's now easier than ever for Finxact customers to get started building the bank of the future with Unqork and, as a result, we are going to drive a lot of value in the industry."

Featured Resources

Consumer choice and the payment experience

A software provider's guide to getting, growing, and keeping customers

Download now

Prevent fraud and phishing attacks with DMARC

How to use domain-based message authentication, reporting, and conformance for email security

Download now

Business in the new economy landscape

How we coped with 2020 and looking ahead to a brighter 2021

Download now

How to increase cyber resilience within your organisation

Cyber resilience for dummies

Download now

Recommended

UK first in Europe to reach 100 tech unicorns
startups

UK first in Europe to reach 100 tech unicorns

18 Jun 2021
We get face-to-face with one of the IT Pro Panellists
chief technical officer (CTO)

We get face-to-face with one of the IT Pro Panellists

31 May 2021
How Brexit fuelled Lithuania’s ambitions to become Europe’s fintech capital
Business strategy

How Brexit fuelled Lithuania’s ambitions to become Europe’s fintech capital

31 May 2021
IT Pro 20/20: Understanding our complicated relationship with AI
artificial intelligence (AI)

IT Pro 20/20: Understanding our complicated relationship with AI

4 May 2021

Most Popular

How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

16 Jun 2021
Q&A: Enabling transformation
Sponsored

Q&A: Enabling transformation

10 Jun 2021
Ten-year-old iOS 4 recreated as an iPhone app
iOS

Ten-year-old iOS 4 recreated as an iPhone app

10 Jun 2021