Digital banking fintech start-up Rellevate has selected Technisys as its digital banking platform provider.
Rellevate’s suite of financial services comprises digital banking, Visa debit cards, access to payroll, bill pay, and send money.
The company offers its services mainly through employers.
Recently, Rellevate signed a deal with Visa to make Visa DPS the system of record and back-end processing engine for its entire debit product.
Technisys will add the capabilities of its Cyberbank Digital Platform to the Visa DPS processing platform.
Technisys’ Cyberbank Digital Platform is a cloud-ready and open API-based platform. It is designed to interact directly with the fintech ecosystem.
Rellevate chairman and CEO Stewart Stockdale said: “Technisys is the perfect complement to Visa DPS for this initiative.
“Their digital banking functionality will ideally position Rellevate in the United States and seamlessly allow customers to access move and use their money – anytime, anywhere.”
Technisys co-founder and CMO German Pugliese Bassi said: “Financial services need structural flexibility to create journeys that really address customers’ needs and expectations. Our platform Cyberbank Digital has been helping global banks and fintechs to differentiate from competitors and to build innovative digital ecosystems.”
In May last year, Technisys raised $50m in a Series C funding round to strengthen its Cyberbank Digital Platform.