The companies did not disclose the amount and terms of the investment. Genesis has developed a low-code application platform, or tools to enable banks and other financial institutions to build new software for various business lines with fewer amount of coding. Genesis’ technology can make it on average 80% faster than building an application from scratch, according to company staff.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.