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BankiFi: Expands operations into North America

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

BankiFi: Expands operations into North America

  • BankiFi mission is to help 2 million SMEs by 2024 by putting banks and financial institutions back at the heart of business
  • Expansion into the U.S. market will support the unique digitization and payment modernization requirements of SMBs
  • Community financial institutions in the U.S. are facing existential threat from fintech platforms
  • The platform addresses critical SMB requirements through digital workflows that collect payments faster
  • Automate data integration with accounting platforms, and provide comprehensive insights to optimize working capital
  • Within technology, aim to transform services available to SMBs within community banking, across the U.S
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