HMBradley partners with top-25 banks to sell ACH/wire technology

HMBradley announced B2B technology partnership with Top-25 financial institutions on January 1, 2024.

Primary

HMBradley

Counterparty

Top-25 financial institutions

Structure

B2B technology partnership

Date

January 1, 2024

Sub-sector

Payments

Neobank pivots to B2B model, selling proprietary ACH and wire transfer monitoring technology to major banks after winding down consumer products.

Primary company

HMBradley

Counterparty

Top-25 financial institutions

Amount

Not disclosed

Event date

January 1, 2024

Sub-sector

Payments

HQ

Not disclosed

Structure

B2B technology partnership

Source published

November 17, 2023

Publisher

American Banker

Source: americanbanker.com