A pair of Finovate alums – Alkami and Chimney – introduced a strategic partnership this week.
The partnership will assist banks supply their prospects actionable recommendation on their residence’s worth, fairness, and their borrowing energy.
Alkami is one among 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 house owner prospects as they search details about their residence’s worth, residence fairness, and their very own borrowing energy. The partnership will make it simpler for monetary establishments to leverage digital banking to offer householders the monetary instruments, information, and insights they should perceive and handle their residence as not only a residence, however as a monetary asset, as properly.
Chimney’s instruments and APIs allow customers to trace residence worth, borrowing energy, and entry residence fairness from inside the financial institution’s app. The mix of Chimney’s property information and Alkali’s monetary well being information provides monetary establishments the assets they should enhance person engagement, cross-sell, personalize gives, and higher compete towards 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 householders’ 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 House resolution. Chimney House provides householders actionable recommendation on their residence worth, fairness, and shopping for energy from inside their banking app. The answer gives comfort for householders and helps FIs higher interact them with related, personalised gives.
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.
Certainly one of Finovate’s earliest alums, Alkami first demoed on the Finovate stage in 2009 as “iThryv.” Since then, the Plano, Texas-based fintech has change 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.
Picture by Tierra Mallorca on Unsplash
