Acquisition deepens Kinective’s advanced API integration technology within its banking operations platform, further eliminating connectivity barriers between core banking and fintech ecosystems
Kinective, the leading banking operations platform provider that transforms how financial institutions operate, connect, compete and thrive, announced its acquisition of Janusea, a modern integration technology leader that unlocks innovation for financial institutions through simplified connectivity of fintech applications to core banking systems.
The acquisition solidifies Kinective’s leadership in digital connectivity, deepening its capability to deliver seamless integrations across core banking systems and the broader fintech ecosystem that is increasingly essential to an institution’s competitive advantage. The connectivity provided through Kinective’s single, secure platform creates a foundation that enables critical data flows across all enterprise systems, allowing institutions to accelerate digital transformation initiatives while delivering greater efficiency, security and data fidelity.
“As the fintech ecosystem continues to expand, the ability to easily integrate new technologies and services becomes even more essential for financial institutions to differentiate and more effectively serve their communities,” said Stephen Baker, CEO of Kinective. “The acquisition of Janusea furthers our ability and our commitment to eliminate the complexity and technical barriers that have traditionally slowed adoption, enabling our clients to quickly and securely integrate the fintech solutions they need while reducing risk across their enterprise.”
The acquisition brings together two proven leaders in banking connectivity. By leveraging Kinective’s advanced data intelligence capabilities in combination with connectivity, Kinective’s banking platform can transform fragmented data streams into unified, actionable insights that enhance risk management, improve customer experience and drive operational efficiency.
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Financial institutions can now not only more confidently connect their systems, but fully break down data silos between their various fintech solutions—from payment processors and lending platforms to compliance tools and customer analytics systems—creating a holistic view of their operations that enables more informed decision-making, regulatory compliance and strategic planning.
“Joining Kinective opens an exciting new chapter for Janusea and our industry,” said Kyle Stutzman, CEO and co-founder of Janusea, who will remain with the business in a leadership position. “Our team has spent years developing an integration platform that makes it easy and fast for financial institutions and fintech solutions to connect. We’ve helped financial institutions accelerate digital transformation and improve efficiency, while giving fintechs one-to-many access to the entire community financial industry. With Kinective’s expanded resources, additional platform capabilities and expansive reach, we can accelerate our vision of enabling innovation and removing the barriers between fintech applications and core banking systems.”
Janusea will continue to provide its solutions to existing customers, while Kinective evaluates integration strategies to further enrich its digital connectivity offerings and extend its banking platform capabilities.
This acquisition continues Kinective‘s strategic expansion following the recent acquisitions of Epic River for document workflow capabilities and Datava for data intelligence, creating an increasingly comprehensive technology platform that connects all elements of banking operations.
Source: Businesswire