Bankify's CrossFlow platform enables secure, instant payments and account validation through API-based services, while employing AI-driven fraud detection to enhance transaction security. It addresses the need for efficient financial management by providing personalized recommendations and automated actions that promote sustainable financial choices for users.
Funding
$466.7K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many financial institutions struggle to provide personalized and sustainable financial services to their customers, leading to low user engagement and missed opportunities for revenue growth. Existing solutions often lack seamless integration with legacy systems and fail to leverage data-driven insights for actionable recommendations.
Solution
Bankify offers a SaaS platform with API-based services that enable financial institutions to build sustainable financial services and improve customer engagement. The platform aggregates product and customer data through open banking partnerships to provide actionable insights and personalized recommendations. These recommendations promote sustainable and financially healthy choices, while the platform's use cases and API-based services seamlessly integrate with existing applications or act as building blocks for developing new ones. Bankify's user-centric solutions leverage the latest technology to help financial institutions gain a market advantage by focusing on financial health and sustainability.
Target Audience
Bankify primarily targets marketplaces, fintech companies, retail banks, and other financial institutions seeking to drive user engagement and increase revenues through sustainable financial services.
Features
- API-based services for financial goal setting, transaction rule creation, and daily action recommendations
- Personalized financial and automotive recommendations based on user data
- Social feed functionality to create peer-to-peer communities
- Smart scanner for automated expense management
- Green Engine to evaluate the costs and environmental impact of financial decisions
- Smart Savings to help customers reach their financial goals with automated rules and personalized product recommendations
- SME e-banking solutions to build or revamp digital channels
- Comprehensive developer documentation for easy integration