Technisys: Bags $50m funding in Series C

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Technisys: Bags $50m funding in Series C

Technisys: Bags $50m funding in Series C

  • The funding will be dedicated to technology investment, as well as expanding its product
  • Technisys aims to provide both established banks and the new challenger banks with a software platform
  • Riverwood joins existing investors Alta Ventures, Kaszek Ventures, Oria Capital
  • Increase investments in the company’s Cyberbank Digital and Cyberbank Core platforms
  • Cyberbank Core described by the vendor as a cloud-ready, Open API next gen core banking solution
  • Both platforms leverage machine learning (ML) and other artificial intelligence (AI) capabilities