Overview

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Acquisitions
2 Acquisitions
Total Equity Funding
$79M in 3 Rounds from 5 Investors
Headquarters:
Barcelona
Description:
Strands develops software solutions that enable financial institutions and retailers to offers personalized customer experiences.
Founders:
,
Categories:
E-Commerce, Personal Finance, Software, FinTech
Website:
http://strands.com
Social:

Company Details

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Strands develops innovative software that enables banks and retailers to offer personalized digital experiences. Strands Finance is the FinTech partner for banks. Our mission is to develop and deliver best-in-class digital money management software by leveraging more than 10 years of expertise in Big Data, machine learning and user experience.

Our insight-driven solutions enable banks to anticipate customer needs and proactively suggest next-best-actions to increase long-term value for customers.

Since 2004, Strands has powered FinTech innovation in over 180 banks and currently serves more than 100 million banking customers worldwide.

Strands was founded by Dr. Francisco J Martin and Dr. Marc Torrens in 2004 and is based in Barcelona, Spain.

Funding Rounds (3) - $79M

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DateAmount / RoundValuationLead InvestorInvestors
Dec, 2007$24M / Series B2
Dec, 2007$49M / Series B4
Mar, 2006$6M / Series A2

Acquisitions (2)

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DateAcquiredAmount
May 15, 2008Unknown
Apr 29, 2008Unknown

Current Team (10)

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Board Members and Advisors (1)

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Products (5)

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  • MoneyStrands is a FREE, award-winning personal finance management tool designed to help consumers develop better financial habits.
  • Strands BFM is a white label solution that helps SMEs better understand and manage their company finances.
  • Strands CLO is a marketing tool that enables retailers to target highly relevant deals to cardholders through smart digital banking channels
  • Strands PFM is an award-winning application that drives financial engagement between account holders and financial institutions
  • Powerful recommendation software solution enabling your bank’s marketing team to plan, execute and analyze smart campaigns for both financia

Sub Organizations (1)

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Competitors (5)

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  • Comarch is an IT firm that helps clients implement advanced technology and services.
  • Meniga is Europe PFM Ecosystem aimed at making digital banking amazing and transforming raw transactional data into valuable data.
  • Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, treasury, trading and risk
  • MX enables banks and credit unions to achieve record-breaking growth by winning their competitor's most profitable account holders.
  • Yodlee is a provider of financial applications that offers solutions for banks, entrepreneurs and individuals.

Customers (13)

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  • Israel Discount Bank is a leading financial group in Israel.
  • Nordea Bank offers a range of financial products and services, including Netbank, online investment, telephone banking, and cash dispensers.
  • Türk Ekonomi Bankası, "TEB Grubu" nun ilk kuruluşu olup 1927 yılında faaliyete başlamıştır
  • Bank of Montreal, a financial services provider, offers retail banking, wealth management and investment banking products and solutions.
  • Abu Dhabi Commercial Bank offers personal and business banking services to the customers.
  • Barclays PLC is a global financial services company that provides various financial products and services worldwide.
  • Banco Bilbao Vizcaya Argentaria SA (BBVA) is a Spain-based international financial group
  • ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services.

Offices/Locations (4)

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  • Innovation Lab

    Av Coronel Niceto Vega 4736

    Buenos Aires,

    ARG

  • Innovation Lab

    3390 Mary St., Suite 116

    Coconut Grove

    Miami, FL FL 33133

    USA

  • Innovation Lab

    Calle Capitán Haya 38, 1-izq. (B)

    Madrid, 28020

    ESP

  • Headquarters

    Almogávers, 119-123, Edifici Ecourban, planta baixa

    Barcelona, 08018

    ESP

Past Team (28)

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Images (6)

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