SaaS startups have become the darling of Venture Capital investors, especially in the Banking industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 6 VC funded SaaS startups in the Banking industry.
The Autonomous Consumer Insights platform from Argoid enables businesses to contact consumers directly at the highest degree of efficacy. Using autonomous deep-learning neural networks that operate in real-time at petabyte scale, Argoid automates the data science of customer forecasts with outstanding accuracy and tremendous economy. We assist our clients in overcoming the limitations of conventional analytics and data science technologies to address important market issues like customer predictions, churn prevention, campaign effectiveness, smart recommendations, cross-sell & upsell, engagement process automation, and fraud prevention.
The loan and deposit services are powered by Mambu, a supplier of banking software as a service. The firm offers services to build, implement, maintain, and expand the banking and lending portfolios of financial institutions of all sizes. More than eight million end users are served by its approximately 7,000 loan and deposit products. More than three million active accounts, from fintech to conventional banks, are present in more than 46 countries.
Monit, a company owner's companion that links to any accounting platform, enables time-starved business owners to enhance their financial performance, more accurately forecast the future, and dynamically plan without ever touching another spreadsheet. Banks and other business partners that want to help their company clients prosper and get a better night's sleep are giving Monit out for free to SMBs.
PayRecs is an international B2B payment platform designed to meet the unique needs of businesses and their banks. PayRecs delivers businesses the simplicity, transparency and speed of consumer payment apps but with a unique approach in order to meet the liquidity, security, and control requirements of businesses. PayRecs partners with regional banks to deliver our service to their customers, allowing the banks to add critical new international payment capabilities, reduce operational cost and risk, while also adding a new source of revenue.
Pluto is a spend management platform enabling businesses to take control over their business spending through unlimited, smart corporate cards with spend controls, automated receipt collection and deep insights on spend data.
receeve is a fully customisable all-in-one platform for collections & recovery. We simplify the growing complexity of data and systems and empower in-house teams to easily automate processes, engage customers and apply 360° insights to maximise recovery and minimise risk across every stage of credit management - from pre-delinquency to portfolio assignment or sale. One platform. A perfect balance of ease-of-use and power, receeve’s cloud-native, no-code platform is fast to deploy, simple to manage and easy to customise and expand. Bring together intelligence, strategy and operations in one place. Hear from our CTO Michael Backes https://youtu.be/MK-Tmm9KMxo
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