ATLANTA, Jan. 13, 2016 – Following a successful launch in Q4 2015, FI Navigator today announced that it has raised $1.5 million in private funding, reflecting the value of what the company sees as an unfulfilled market need within the financial services industry for its vertical intelligence on more than 13,000 financial institutions and the Fintech companies that serve them.
“We’re gratified by the response of the financial services vertical and investors to our data and analytics platform,” said Steve Cotton, CEO and founder of FI Navigator. “They share our belief that we’ve developed a unique means of harvesting and converting unstructured data into actionable insight. There’s no shortage of that unstructured data within the vertical and we’ll utilize the investment to roll out additional modules to complement our unprecedented mobile banking data and analytics.”
In conjunction with the launch of FI Navigator’s platform, the company released its cloud-based mobile banking module, which provides vertical intelligence on the more than 6,000 financial institutions currently offering mobile banking, as well as their identified vendor providers, and announced that Malauzai Software, a provider of innovative mobile banking solutions for community financial institutions, has subscribed to the module to leverage in its sales process and better target prospects.
About FI Navigator
FI Navigator provides a web-based bank data and analytics platform for the banking vertical delivering institution-specific insights and industrywide research to FinTech providers and financial institutions. By integrating unstructured website data and conventional financial institution data, FI Navigator expands the depth of peer analytics and the breadth of market research to create vertical analytics on more than 13,000 financial institutions and their technology providers. The platform’s initial mobile banking data and analytics module provides unprecedented vertical intelligence on the more than 6,000 financial institutions with identified vendor providers. For more information, visit www.fi-navigator.com or follow the company on LinkedIn at www.linkedin.com/company/fi-navigator-corporation and Twitter @FINavigator.