Market Recognition Bankingly has been acknowledged as a Representative Vendor in the 2024 Gartner Market Guide for Digital Banking Multichannel Solutions, signifying industry recognition and potential for increased trust and credibility among financial institutions seeking digital banking solutions.
Expansion Opportunities Recent partnerships with companies like Positive Insights Africa, Epargne et développement du Gabon, and Woodcore present avenues for further expansion into emerging markets in Africa, demonstrating Bankingly's commitment to global growth and potential for establishing a stronger foothold in new regions.
Investment Backing With investments from organizations like Oikocredit, Elevar Equity, Endeavor Catalyst, and The Rise Fund, Bankingly has secured financial support that validates its growth potential and underscores investor confidence in the company's future prospects, opening doors for potential collaborations and strategic alliances.
Competitive Landscape In a competitive landscape where companies like Finxact, FISPAN, and Modern Treasury operate with similar revenue ranges, Bankingly stands out as a viable alternative for financial institutions looking for digital banking solutions within the $10M - 50M revenue bracket, presenting a competitive edge and differentiation in the market.
Sustainability Focus Bankingly's focus on providing digital banking channels to cooperatives, microfinance institutions, and small to medium banks aligns with a sustainability narrative, showcasing a commitment towards inclusive finance and digitalization that resonates with organizations prioritizing social impact and financial inclusion, offering a compelling proposition for partnership discussions.