Fundtech

Company Overview

Snapshot

Founded in April 1993, Fundtech operates with 201–500 employees. The company has raised $30 million across 3 funding rounds from 2 investors. A significant milestone for Fundtech was its acquisition by D+H in March 2015.

Business overview

Fundtech provides transaction banking solutions, offering software products and services to banks globally. The company's core technology automates critical activities such as payments, cash management, settlement, liquidity management, and financial supply chain processes. By enhancing operational efficiency and competitiveness through innovative business-to-business services, Fundtech serves financial institutions and enterprises within the Fintech & Insurtech sector.

Strategic signal

In March 2015, Fundtech was acquired by D+H, marking a significant consolidation event in the financial technology sector. This acquisition indicates a strategic move by D+H to integrate Fundtech's transaction banking solutions, signaling a focus on expanding capabilities in payments, cash management, and other core banking services. For investors, this highlights the value of specialized fintech providers in a consolidating market.

Company Intelligence Q&A

What was a significant corporate event for Fundtech in 2015?

In March 2015, Fundtech was acquired by D+H, leading to its current status as an inactive entity.

When did Fundtech go public on NASDAQ?

Fundtech completed an Initial Public Offering on NASDAQ in March 1998, raising $30 million.

When was Fundtech delisted from NASDAQ?

Fundtech was delisted from NASDAQ in October 2015, following its acquisition.

What is Fundtech's primary focus in the financial sector?

Fundtech specializes in providing software products and services for transaction banking, automating payments, cash management, and liquidity management for banks worldwide.