Dragonfly Financial Technologies launched as a market leader in digital business banking solutions

Large commercial bank customer base in 11 countries with 6 trillion dollars in combined assets to take advantage of the laser focus on API strategy, innovation and customer success

ATLANTA, September 1, 2022 /PRNewswire/ — Dragonfly Financial Technologies Corp., a fintech digital banking and wealth management company, today announced its official launch as an independent company following the completion of One Equity Partners’ acquisition of ACI Worldwide’s corporate online banking unit. Working in a global market predicts to be 1.1 billion dollars by 2023, according to Omdia, Dragonfly Financial Technologies now has the autonomy and resources to deliver innovation in its product portfolio, expand its customer success team and target more commercial banking customers in the US and international markets .

A market leader since day one, Dragonfly Financial Technologies has more than 40 banking and financial services clients worldwide, including 5 of the top 10 US banks. The company’s Universal Online Banker (UOB) and Enterprise Banker (EB) solutions help banks initiate payments, collect dues and manage financial positions and operations for their business customers. Now independent, Dragonfly Financial Technologies will invest significantly in enhancing its cloud-based digital business banking platform, with its extensive library of open APIs, feature-rich functionality and extensive reporting capabilities.

The Aite-Novarica Group, a consulting firm providing critical information on technology, regulation, strategy and operations to hundreds of banks and other financial services companies, rated Dragonfly’s Universal Online Banker as “Best in Class” in its analysis of Leading US Cash Management Suppliers last year. Dragonfly’s UOB platform was noted as “user-friendly, feature-rich and among the strongest in the industry for its payment capabilities.”

“This is an exciting time in the global digital business banking arena with many banks looking for new payment options and open API infrastructures. Technology providers like Dragonfly with robust next-generation offerings combined with a focus and commitment to the space and innovation are well-positioned to lead through this time of change,” said Christine BarryHead of Banking and Payment Analysis and Consulting at Aite-Novarica Group.

Headed the new company as CEO Johan Roets, who previously served as Chief Administrative Officer for ACI Worldwide and was also the company’s Chief Transformation Officer. Earlier in his career, Roets held various senior positions in retail banking and payments with Standard Bank Group and as a partner with Arthur Andersen & Co.

“Dragonflies are revered across cultures for their agility, excellent vision and as symbols of strength, transformation and prosperity, so it’s a fitting name for our company as we combine the passion, ingenuity and drive of a start-up with a large customer base and resources of an established growth company,” Roots said. “Customers widely recognize our products as delivering a tremendous level of innovation and value to their business through our features, user experience and hundreds of API integrations – and now we have the independence, focus and investment to accelerate our product roadmap and support our end-to-end customer successful experience.”

In addition to Roets, Dragonfly Financial Technologies’ senior executive team includes industry veterans with extensive experience in digital banking, including designing, building and selling current UOB and EB solutions.

To learn more about Dragonfly Financial Technologies, visit www.dragonflyft.com or follow the company on LinkedIn and Twitter.

About Dragonfly Financial Technologies Corp.

Dragonfly Financial Technologies provides digital banking and treasury management offerings for small businesses to large corporations, providing financial institutions with global multilingual and multi-currency cash management solutions. Dragonfly works together with its global banking clientele to deliver secure and seamless payments, enabling banks to streamline processes, automate tasks and improve the overall efficiency of digital banking programs. For more information, visit www.dragonflyft.com.

SOURCE Dragonfly

Leave a Comment