Givex and Counter Solutions | August 16, 2022
Givex Information Technology Group LTD has completed the purchase of all of the outstanding shares of Counter Solutions Holdings LTD.
"The acquisition of Counter Solutions marks the fourth acquisition for Givex in the last 18 months, which showcases our commitment to strategic international growth, Counter Solutions' products complement the Givex portfolio and allow us to add unattended retail functionality to our current POS and kiosk offerings."
-Don Gray, CEO of Givex
Founded in 1989, UK-based Counter Solutions offers many technology solutions that align with Givex's products, including POS, kiosk and digital ordering, inventory management and more. Givex was attracted to Counter Solutions' WAY2PAY self-service & smart-refrigeration platform, which allows customers to unlock refrigerators by preauthorizing a debit or credit card on a pin pad, and select, scan and pay for their items themselves.
Now, with the support of Givex's end-to-end technology platform and deep team, Counter Solutions can seamlessly offer Givex products, like GivexPOS, online ordering, kitchen display system (KDS) and more, to its roster of enterprise clients without having to create partnerships with various external partners.
Counter Solutions is the perfect complement to the Givex product suite and team, which expands our global footprint, We have made major headway in our growth in the UK and throughout Europe, and the Middle East and this acquisition offers another opportunity to expand the breadth and depth of our clients under one common platform,said Jurgen Ketel, Managing Director of Givex EMEA.
Counter Solutions counts some of the biggest brands in the UK as clients, including Morrisons, Marks & Spencer, John Lewis & Partners and Waitrose & Partners, and will add approximately 1,000 merchant locations to Givex's global footprint of more than 115,000 merchant locations using at least one Givex service. The acquisition will be paid for through a combination of cash, debt and GITL shares (subject to the final acceptance by the Toronto Stock Exchange) and total consideration will be consistent with prior acquisition multiples and terms.
Our significant progress over the last two years has led to the consideration of how we scale up our operations in line with our vision and values, We have found the right home with Givex, and there is a huge opportunity to leverage each other's strengths and fast-track our growth. Givex offers the best elements of a global enterprise such as brand, scale and resources, whilst retaining the best elements of smaller or emerging enterprises, such as agility and community. We are excited to progress this journey and join forces with Givex,said Richard Bernans, Managing Director of Counter Solutions Group.
Givex is a global fintech company providing merchants with customer engagement, point of sale and payment solutions, all in a single platform. We are integrated with 1000+ technology partners, creating a fully end-to-end solution that delivers powerful customer insights. Our platform is used by some of the world's largest brands, comprising approximately 115,000+ active locations across more than 100 countries.
About Counter Solutions
Counter Solutions create connected digital experiences for the retail & hospitality sectors, helping brands implement self-service technology solutions to improve their customer experience & drive productivity gains. Their WAY2PAY platform comprises of self-order, self-checkout, smart refrigeration & menu management technology and is trusted by many leading enterprise retailers within the UK.
Finotta | July 20, 2022
Finotta, a provider of embedded fintech for digital banking, has been selected to demo its Personified platform at FinovateFall 2022, taking place September 12-14 in New York.
Finotta’s Personified platform is a combination of products that help financial institutions better meet the needs of their customers directly in their mobile banking application. Finotta launched its Personified platform earlier this year in partnership with First United Bank & Trust, a $12.5 billion bank headquartered in Durant, Oklahoma.
“The Finovate stage is renowned for showcasing cutting-edge innovation in banking,” said Greg Palmer, VP of Strategy at Finovate. “Combining personalization and gamification, we look forward to having Finotta join us this Fall and show how they are empowering banks’ customers to make better financial decisions but in a unique way.”
In addition to being bank-tested, Finotta is led by a team of ex-bankers and bank technologists, providing the company a unique and powerful understanding for what financial institutions need to better engage their customers and members.
Finotta also partnered with Q2 this year to integrate its Personified platform with Q2’s Digital Banking Platform. Now, Finotta’s Personified platform is available to the more than 450 financial institutions that work with Q2, providing a way to add compassion back into banking at scale. Finotta is also a part of the Q2 Partner Accelerator program and was a winner of Q2’s Innovation All-Stars Contest last month.
“Unlike other platforms, Finotta focuses on more complex financial strategies than budgeting and spending,” said Parker Graham, Founder and CEO of Finotta.
“Unlike other platforms, Finotta focuses on more complex financial strategies than budgeting and spending,” said Parker Graham, Founder and CEO of Finotta. “The platform takes a holistic view of users’ financial lives and guides them towards financial independence, but in an encouraging way. Rather than making users feel guilty about their purchases, the platform encourages healthy financial habits. I look forward to showcasing our platform at FinovateFall and the value it will bring to financial institutions and consumers alike.”
Finotta empowers its financial institution customers to deliver precisely the right experience, service or product at the right time to their users with a gamified Financial Health Level that helps improve their financial life. By combining the importance of financial wellness with the fun of gamification, customers have a fun, interactive and engaging way to improve their financial health regardless of what journey they might be on.
Finotta helps banks and credit unions personalize their mobile banking experience to increase engagement, combat larger financial institutions, and create new revenue streams. Built by bankers, Finotta’s Personified platform is a combination of products that help financial institutions better meet the needs of their customers directly in their mobile banking application. Finotta empowers financial institutions to deliver customers and members the right experience, service, or product at the right time with a gamified Financial Health Level, all while helping improve their financial life.
Teslar Software | August 05, 2022
National Bank & Trust and Teslar Software today announced their partnership to streamline and modernize lending processes. The bank has selected Teslar’s comprehensive suite of automated workflow and portfolio management tools, which will reduce time spent on tedious manual tasks and allow employees to focus on strategic initiatives, such as expansion plans and portfolio diversification.
“We strive to offer innovative technology while building deeper customer relationships within our community. Teslar Software is the solution to help us accomplish just that, Through our partnership, we will be able to complete tasks and access data faster, helping our lenders more seamlessly manage their portfolios from anywhere. Plus, Teslar will help us with the current talent dilemma, enabling us to operate efficiently and grow without needing to add staff. Teslar squarely supports our bank’s broader vision and allows us to strategically position ourselves for the future.”
-Tracy Harris, CEO and president of National Bank & Trust
The visibility gained from Teslar will provide National Bank & Trust with deeper insights into individual customer portfolios, allowing lenders to better track exceptions and manage loan documents, which will also help from a regulatory perspective. Teslar’s secure portal will allow customers to upload financial statements and monitor the status of their loans, improving the borrower experience.
We’re proud to partner with National Bank & Trust, delivering the technology needed to provide an efficient, high-touch approach to customer service, We look forward to working alongside National Bank & Trust as they continue to support the community that has trusted them for over 130 years,said Joe Ehrhardt, CEO and founder of Teslar Software.
About Teslar Software
Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions.