A pair of Finovate alums – Alkami and Chimney – introduced a strategic partnership this week.
The partnership will assist banks provide their clients actionable recommendation on their dwelling’s worth, fairness, and their borrowing energy.
Alkami is considered one of Finovate’s earliest alums, demoing as “iThryv” in 2009. Chimney has gained Finovate Better of Present honors twice since 2021.
A newly introduced strategic partnership between digital banking options supplier Alkami and two-time Finovate Better of Present winner Chimney will assist banks higher serve their home-owner clients as they search details about their dwelling’s worth, dwelling fairness, and their very own borrowing energy. The partnership will make it simpler for monetary establishments to leverage digital banking to offer owners the monetary instruments, knowledge, and insights they should perceive and handle their dwelling as not only a dwelling, however as a monetary asset, as effectively.
Chimney’s instruments and APIs allow customers to trace dwelling worth, borrowing energy, and entry dwelling fairness from throughout the financial institution’s app. The mixture of Chimney’s property knowledge and Alkali’s monetary well being knowledge offers monetary establishments the sources they should increase consumer engagement, cross-sell, personalize provides, and higher compete in opposition to third-party actual property web sites and others.
“Alkami believes innovation unlocks new progress alternatives and enhances account holder experiences” Alkami co-founder and chief technique and product officer Stephen Bohanon stated. “Chimney’s platform exemplifies this and delivers a device that helps owners’ monetary journeys and deepens relationships.”
Based in 2020, Chimney is headquartered in New York. The corporate gained Better of Present final September at FinovateFall with a demo of its Chimney Dwelling answer. Chimney Dwelling offers owners actionable recommendation on their dwelling worth, fairness, and shopping for energy from inside their banking app. The answer provides comfort for owners and helps FIs higher have interaction them with related, personalised provides.
As Sign Intent, the corporate gained its first Better of Present award in its Finovate debut at FinovateSpring 2021. The agency rebranded as Chimney two years in the past.
One in every of Finovate’s earliest alums, Alkami first demoed on the Finovate stage in 2009 as “iThryv.” Since then, the Plano, Texas-based fintech has develop into a significant digital banking options supplier for regional banks and credit score unions. Final month alone, Alkami introduced new partnerships with Credit score Union of Texas and New York-based Quontic Financial institution. In November, Alkami teamed up with fellow Finovate alum Plaid.
Photograph by Tierra Mallorca on Unsplash