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Banking tech vendor FIS invests in Zenmonics

Thursday 18 October 2018 08:50 CET | News

Financial services company Zenmonics has landed funding from FIS, the provider of technology-based banking and payment solutions for the financial services industry.

The amount of the minority investment and other terms of the agreement were undisclosed. This marks Zenmonics’ first round of funding; prior to the closing of this week’s investment Zenmonics was 100% company-owned.

The US-based company will use the funds to further its growth and burgeon capabilities of its channelUnited platform.

Aimed to offer a consistent user experience across multiple channels, Zenmonics’ channelUnited is an omnichannel solution that adapts and expands to each individual banks’ pace. The system places clients and associates on a common system to unify digital, sales, service, origination, and teller platforms.


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Keywords: FIS, Zenmonics, fintech, funding, digital, banking, payments
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