Ninth Wave, a NYC-based provider of cloud-based Open Finance solutions for financial institutions, raised an undisclosed amount in growth funding.
The round was led by Level Structured Capital.
The company intends to use the funds to further expand its commercial team, adding key team members primarily in sales, marketing, and client support, and make additional scale investments in its platform.
Led by CEO and Founder George Anderson, Ninth Wave provides a SaaS permission-based platform that delivers secure data connectivity to financial institutions, offering configurable controls, visibility, and insights into all connections between aggregators, third-party apps, and internal applications. It gives financial institutions and their customers access and oversight to their connected apps through a single point of direct integration, providing connectivity and universal compatibility, and enabling secure data exchange in a holistic and scalable open finance ecosystem.
Ninth Wave serves over 2,000 financial institution clients including banks and wealth management firms, providing secure connectivity for over 120 million accounts, enabling them to connect seamlessly to the fintech ecosystem.
FinSMEs
12/09/2024