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Tagit to expand in the Philippines by offering mobile-banking application software to banks.interviews Andera and Intuit on the branch of the future.TIBCO and Western Union partner to leverage Big Data to anticipate consumer trends and customize customer engagement.Lead411 names Cartera Commerce to Hottest Companies in Boston list.American Banker looks to Zigrhra, GoodApril, Realty Mogul, Entrepreneurial Finance Lab for innovation.Capital Access Network named one of the top financial services companies of the year at the 11th Annual American Business Awards.You can also follow all the alumni news headlines on the Finovate Twitter account. This post will be updated throughout the day as news and developments emerge. CIO.com quotes Bazaarvoice CMO Sara Spivey on marketing to millennials with user-generated content.Matchi to host the Liberty Fintech Challenge 2016.
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Check Point launches free Security Checkups for Australian and New Zealand enterprises.“OutsideIQ Launches Real-Time Risk Monitoring Tool”.“Symbiont to Help Delaware Embrace the Blockchain”.“Zenmonics and Geezeo Form Partnership“.“Tagit Locks in More than $8 Million in New Funding”.The investment was made via SRA Group’s Singapore subsidiary, SRA IP Solutions (Asia Pacific) Pte Ltd.
The article cited a 2014 report that cited Japan as the second biggest investor in the 10 ASEAN nations for the previous three years, a sum that was triple the amount invested in China over the same time. Tagit was recognized as a “leader” by Forrester in their Q4 2015 Mobile Banking Solutions report, and was one of the first companies to be accredited by the programme sponsored by the Infocomm Development Authority of Singapore (IDA).ĭeal Street Asia’s analysis of the deal suggested that SRA Group’s investment in Tagit was part of a trend of Japanese companies preferring investment in Southeast Asia over China. With customers including Axis Bank, Citibank India, Maybank Singapore, and the Royal Bank of Canada, Tagit demoed its technology at FinovateAsia 2012 in Singapore. The company’s signature solution, Mobeix is a mobile middleware platform that helps migrate web-based services to the mobile environment. Tagit builds open-architecture, mobile banking and ecommerce platforms for FIs and other businesses. Pictured (left to right): CIO Parikshit Paspulati and CPO Neelima Subramanyam demonstrated Mobeix Open Platform at FinovateAsia 2012 in Singapore. Tagit CEO Sandeep Bagaria said the investment would help speed growth in sectors like digital banking and “Smart City” technology. In addition to leveraging the partnership to pursue opportunities in Japan and North Asia, Tagit plans to use the financing to add to its staff in Malaysia and Indonesia. Tagit is headquartered in Singapore and was founded in 2004. The investment will help both companies grow their market exposure in Asia. Mobile technology solutions provider Tagit has raised $8.75 million (S$12 million) in funding from Japanese IT specialist, SRA Group.
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