Core10, a US-based FinTech that offers lending and account opening products and software development services, has landed $6.5m.
The funding round was led by Patriot Financial Partners and saw participation from JAM FINTOP and the Independent Community Bankers of America.
According to Financial IT, Core10 provides banking technology integration services and banking and lending products.
This latest funding round will enable the company to scale the development growth of its Accrue platform and business unit whilst also strengthening the firm’s banking technology and integration services line of business.
Accrue provides digital account opening, digital lending, and core/fintech connectivity to accelerate community banks’ digital transformation strategies.
Jeff Hanson – CEO of Core10 – said, “We are incredibly grateful for the opportunity to partner with the strategic, forward-looking investors of Patriot Financial Partners, JAM FINTOP and ICBA.
“Each of these partners recognizes and shares our commitment to helping community banks unleash their market potential and achieve their digital innovation goals. Accrue allows us to deliver on the services that community FI’s are looking to offer to their customers and members.
“Not only does Accrue support much of the digital commercial and retail banking experiences, but it also enables a community FI to remain relevant and competitive. Core10 is excited to see how this investment will help sustain and strengthen our growth throughout 2023 and years to come.”
accSenSe, which claims to be the first and only enterprise-ready business continuity platform for Okta, has raised $5m for its seed round.
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