Agora Services, a digital platform banking solutions provider, announced on Thursday it secured $2 million of funding to fuel its growth and sales and deploy its first clients. The company also revealed that it opened its headquarters in Atlanta.
The company describes itself as a “fintech enabler for banks” by bringing “innovation” to American banks and their customers.
“Agora Services helps community, credit unions and over 8,000 regional banks ramp up their digital experiences without replacing their core banking system. Agora leverages its fintech platform built with innovative technologies on an entirely cloud-based architecture. Agora co-creates and provides tech tools so banks can implement state of the art fintech products and features while accelerating their digital journey.”
Speaking about the development of the company, Arcady Lapiro, founder and CEO of Agora Services, stated:
“In order for financial institutions to remain competitive, they must have the latest and most robust digital offerings. Banks have to move beyond a website, a standard App or mobile check deposit. They must compete with the latest FinTech technology, including fully integrated digital onboarding, instant account opening, instant virtual card, advanced card controls, shared accounts, budgeting, money pool and more.”
In regards to the headquarter’s location, Lapiro added:
“We selected Atlanta because the region provides us the best combination of access to business development and talent while also being a part of the growing FinTech community.”