To assist banks assist their prospects by these attempting occasions, many fintech suppliers are extending free, discounted, or accelerated deployment affords to monetary establishments.
[Note to fintech providers: This list will be updated on a regular basis. If you wish to include your firm’s offer(s) on the list, please contact me directly (see the contact info at the end of the article). Please include: 1) a one sentence description of what your firm does; 2) a one sentence description of the offer; and 3) a point of contact (e.g., URL, email address, Twitter ID).]
Version 1: March 23, 2020 (52 corporations)
Offer: 401GO is a small enterprise 401(okay) platform. We are eradicating any charges apart from the per participant per thirty days charge ($9 per collaborating worker per thirty days), which covers every thing for a 401(okay) plan (testing, notifications, payroll monitoring, submitting of Form 5500, and so forth.). Use this code for setup: 3giriww5
Company: 7 Chord
Offer: 7 Chord is a maker of BondDroid, a proprietary AI engine that generates extremely correct real-time streaming costs for 22,000+ company bonds. We are providing BondDroid totally free for the following three months.
Offer: Active.ai has a pre-built digital assistant that may be rapidly custom-made with solutions particular to the establishment. The platform contains speedy deployment by way of our datasets and a 30 day trial. We are providing an additional 30 days for patrons that enroll presently.
Offer: We are distributing a sequence of specialised AI-generated abstract feeds specializing in the influence of coronavirus on varied sectors (Finance, Energy, Media & Entertainment, Health Care, Info Technology, and so forth), plus a handful of specialised feeds overlaying matters like influence on the provision chain. We’re releasing these as free providers on the net and by way of social media and newsletters.
Company: Agora Services
Offer: Agora Services affords monetary establishments a cloud-based providing that permits banking prospects to make the most of and handle accounts in real-time, with out changing their core banking system. To assist corporations throughout COVID-19, we’ve waived our setup charge and are will defer billing for 3 months.
Offer: We will present Alpharank Diagnostics at no cost to any monetary establishment underneath $three billion in belongings. Alpharank Diagnostics will pinpoint one or two fixes you could make now to double the movement of distant account opening.
Offer: Arnexa Binbox is a safe messaging system that kills phishing by guaranteeing that solely messages from professional senders attain the consumer. We are providing speed up deployments.
Company: Aspen Grove
Offer: Aspen’s property servicing platform is used to handle enterprise processes throughout the complete asset continuum. We have eliminated subscription charges for Aspen iRecord. Both the preliminary sign-up charge and the annual renewal charge shall be waived.
Offer: Helping small companies “get paid at a distance.” We are working with one on-line banking vendor to pre-enable cases of our app to have the ability to launch our app in weeks vs. months. Also see our groups response to supply 24/7 small- to medium-size enterprise onboarding.
Offer: Bankingly is a cloud-based, pay per actual use on-line and cellular banking software program device. We are providing a free non-transactional Android app for 3 months, with no dedication to remain. With this app, monetary establishments can talk with their purchasers, and in addition can show completely different sort of types (for instance, for consumer or product onboarding.
Offer: At Jack Henry, any Banno buyer has entry to our messaging options for 100% digital assist, our credit score unions can deploy the skip mortgage fee function which we simply up to date to permit fee-free skips, and final week we constructed out a brand new strategy to combine charitable giving platforms that the neighborhood financial institution or CU affords (like GoodCoin). We supply every of those at no added value.
Offer: BillGO helps monitor, handle, and pay payments in a single place—no extra logging into a number of web sites to examine due dates and make invoice funds. BillGO affords the Prism app free to assist everybody keep on prime of their cash.
Offer: Botdoc permits banks to securely transport shopper information with end-to-end encryption with no pins, passwords, logins or apps to obtain. To assist corporations throughout COVID-19, we’re permitting as much as 15 customers to make use of Botdoc totally free for 60 days.
Contact: https://brace.ai/ or Tamara@brace.ai
Offer: We have launched a brand new function in our borrower platform to assist debtors seamlessly apply for mortgage help within the occasion that the hardship is attributable to COVID-19. This borrower data is then fed into our servicer workflow automation platform to facilitate fast and compliant servicer processing.
Offer: Free to each employers and staff, Branch gives monetary providers that may assist staff keep away from charges and meet their on a regular basis wants: 1) Zero-fee checking account with debit card (no overdraft charges, no minimal balances), and a pair of) Cash movement administration instruments together with free instantaneous entry to earned wages and budgeting instruments.
Company: CU Collaborate
Offer: CUCollaborate will supply free communication assist across the virus for credit score unions underneath $30 million in belongings. In addition to offering assist round communications, CUCollaborate may even supply six months freed from its membership eligibility device, JoinCU.
Offer: CuneXus is waiving marketing campaign charges and providing speedy 48-hour deployment to establishments wishing to leverage our expertise for Emergency Relief lending efforts.
Company: Digital Align
Offer: Digital Align prepared to supply our service and two fintech merchandise totally free to credit score unions and neighborhood banks: 1. Mortgage course of automation, and a pair of) Align Money, a white label platform that features each onboarding and on-line banking.
Company: Digital Onboarding
Offer: We supplied our purchasers limitless utilization at no further value to assist educate their prospects/members on easy methods to entry cash and make the most of digital providers with out visiting a department.
Offer: We present a threat administration platform designed to assist monetary establishments quantify, monitor and reduce the dangers of cash laundering, corruption and terrorist financing. We have discounted the value of the Elucidate FinCrime Index by 20% and supply information engineering providers at no further value, in order to hurry up deployment.
Offer: We are a digital bank card distribution platform. If a enterprise has an AmEx enterprise or company card, they’ll register at paywithextend.com in minutes and ship any variety of AmEx digital bank cards with controls to whoever they need.
Offer: Fincura helps lenders assess enterprise monetary statements ~90% quicker than right this moment. Our prospects use our product for quicker underwriting and close to hands-free portfolio administration. We’re providing free portfolio threat assessments, prioritized onboarding, and discounted pricing.
Offer: Finzly is providing free account opening resolution for monetary establishments to allow prospects to proceed receiving their banking providers.
Offer: Float is providing free entry till finish of May to assist companies forecast money movement.
Offer: Deploy InsightEdge totally free on Google, AWS, or Azure cloud setting, and immediately leverage the advantages of the GigaSpaces analytics platform.
Offer: Horizn works with monetary establishments globally ensuring each prospects and staff perceive and know easy methods to financial institution digitally. Horizn is offering a reduced brief time period license package deal of our cloud-based Customer Digital Platform and Digital Demos. Horizn will speed up deployment to get banks up and working inside 2 weeks and host Digital Demos of key on-line and cellular journeys to assist financial institution prospects achieve confidence to digital banking.
Offer: Our platform that helps monetary establishments launch new fintech merchandise or parts (e.g PFM, digital playing cards, emergency financial savings app for occasions like Covid-19, and so forth) is free till manufacturing (after which pay per use), so corporations can speed up builds/POCs and get to market quick.
Offer: We supply a 60 day free trial for banks to function our APIs to allow them supply bespoke monetary providers to their residents within the diaspora.
Contact: 1 (844) 880-1732
Offer: No month-to-month license charges till 2021 for purchasers who signal by June 1, 2020 for Kasasa’s account-generating web sites and deposit account opening platform.
Offer: We have lately launched TRIDENT | AI, synthetic intelligence principal safety analytics which gives each day predictive multifactor relative weights on the sector degree. We supply a 45-day free trial; nonetheless, we’re contemplating extending this for an indefinite interval to enterprise purchasers in an effort to help these with a major floor zero influence (i.e., pension managers, endowments, and so forth.).
Offer: Libeo is offering free entry to SMBs to assist them with Account Payables, managing, financing and paying their invoices invoices.
Offer: We are at present serving to FIs in Contact Center Operations by providing our product freed from cost throughout this disaster.
Offer: Metechi is a Bank-Centered Syndication Marketplace offering lenders instantaneous entry to Commercial Real Estate loans originated by banks. Metechi is free for members.
Offer: Moxtra was created by the founders of WebEx to assist enterprise digitally work together with their purchasers. Several banks are utilizing our one-stop consumer interplay hub right this moment. We are offering a 3 month free trial.
Offer: Narmi is providing a light-weight model of its 2.5 minute digital account opening expertise to assist monetary establishments proceed to open deposit accounts and achieve new prospects. Narmi is providing pricing incentives for each its digital account opening and digital banking platforms because it pertains to 2020.
Company: OnSystem Logic
Offer: We will present free copies of our OnSystem Defender software program (protects your infrastructure by stopping all dynamic reminiscence assaults) to all company purchasers who request it. You will be capable to use our software program fully freed from all fees for three months or till the virus induced emergency subsides.
Offer: Plinqit is a branded, automated financial savings platform that permits shoppers to save lots of for emergencies whereas interacting with data and recommendation from the monetary establishment. We are providing Plinqit with nobody time arrange and no platform charge for the primary three months and we’ve deployment at 2 weeks and 1 enterprise day.
Company: Polaris Portfolios
Offer: Polaris Portfolios is a wealthtech agency that companions with neighborhood banks and credit score unions to offer digital wealth administration options, together with digital on-boarding, robo-advisory, and distant advisors. We are rolling out accelerated deployments of our digital wealth administration resolution to banks and credit score unions.
Company: Purview IQ
Offer: We are a monetary data expertise firm targeted on delivering information on US banks. We at present supply a free 14-day trial and are open to increasing that to 3 months throughout this time.
Company: QCash Financial
Offer: QCash Financial is waiving charges and implementation prices to get our digital small greenback lending resolution broadly distributed.
Offer: We are spinning up 10,000 free seat licenses for internet video banking that credit score unions and neighborhood banks can use for 60 days.
Company: Pulse 360
Offer: We are accelerating our software program that allow’s monetary advisors doc conferences and follow-ups remotely. We shall be launching with a low promo value and free model.
Offer: The Rialto AI-C device optimizes alignment of groups to safe future development, digital transformation and different essential enterprise outcomes. First mission shall be supplied at 50% low cost.
Company: Right Indem
Offer: We’re accelerating deployments of our expertise to ease the burden on name facilities claims/incident reporting.
Offer: Offers 60 day free trial, cloud primarily based, built-in accounts payable automation.
Offer: We shall be offering free software program for buyer onboarding, together with cellular, internet apps. Back operations display screen, additionally a fundamental CRM tracker.
Offer: SPENDiD’s API is in beta at present, and we’re glad to waive all onboarding and per name charges for builders trying to make use of our autonomous peer validated budgeting algorithms.
Company: Street Contxt
Offer: We’re an e mail intelligence resolution for capital markets. We’re offering free licenses whereas individuals are all working from house.
Offer: Trezeo is offering illness insurance coverage freed from cost to its prospects (gig economic system employees, primarily supply drivers in London).
Offer: We are opening free entry to Openbanking by way of TrueLayer.
Offer: Free Backup Solution: Veeam Backup & Replication Community Edition. Backup and restore VMware and Hyper-V digital machines with Veeam Backup & Replication Community Edition. Unlimited hosts and VMs. Free ceaselessly.
Offer: We are a 401okay fintech platform powering retirement plans throughout the nation. To assist, we put collectively some choices for purchasers to discover, akin to deferring charge billing, freezing 401okay plan matches, and so forth. We have supplied 6-months free to signup.