Full-Time
Confirmed live in the last 24 hours
No-code digital automation platform for banks
$100k - $120kAnnually
Junior, Mid
Remote in USA
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At Prelim, employees have the opportunity to work at the forefront of digital automation in the banking sector, using cutting-edge technologies like white-labeling and no-code development. This company excels in providing seamless, device-agnostic solutions that significantly enhance the client onboarding and servicing experience for top U.S. banks. With a commitment to improving digital customer journeys, Prelim offers a dynamic and influential environment for professionals looking to impact major industry players positively.
Company Size
11-50
Company Stage
Seed
Total Funding
$2.1M
Headquarters
San Francisco, California
Founded
2017
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Remote Work Options
Finastra, a global provider of financial services software applications, today announced an integration with Prelim, an industry-leading fintech, for its Finastra Phoenix core solution, enhancing the retail and commercial deposit account opening experience.
Finastra, a global provider of financial services software applications, today announced an integration with Prelim, an industry-leading fintech, for its Finastra Phoenix core solution, enhancing the retail and commercial deposit account opening experience.Prelim empowers financial institutions to digitize the customer experience by automating the application process and internal operations such as reviewing, processing, underwriting, and servicing. From onboarding deposit customers to provisioning treasury services and originating select credit products, Prelim’s technology helps make account opening faster, reduces back-office complexities, and provides a more seamless and enhanced customer experience for account holders.“Customers expect an easy to use, real-time onboarding process when applying for a new financial product or service,” said Heang Chan, CEO and co-founder of Prelim. “We’re excited to be partnering with Finastra to help accelerate retail and commercial deposit account opening for financial institutions around the world.”Through Finastra’s Open Finance ecosystem, Prelim integrates seamlessly with Phoenix APIs, enabling the creation of new accounts for both new and existing account holders. These accounts are then reflected within the digital banking solution, providing a cohesive user experience. This comprehensive integration allows financial institutions to efficiently onboard new accounts and services, ensuring a smooth and streamlined process.“In a digital-first society, consumers and businesses expect their financial solutions to be agile and transform as needed to keep pace with their needs,” said Peter Longo, vice president of product management, US Mid-Market Banking Solutions at Finastra. “As we look to continuously enhance our offerings, Prelim is a trusted partner to support this transformation and our Open Finance ecosystem
Another work week in the books.For Southeast startups, this week brought early-stage funding news and impressive acquisition headlines. As you catch up on work and prepare to wind down for the weekend, here is a round up of what happened across the region:The BIG Stories on HypepotamusAtlanta-based zerodivide.ai is looking to use artificial intelligence to help students with autism and others in the I/DD community unlock their ideas through writing. More here.Knoxville has a new VC firm. We have some of the details on Market Square Ventures.Get to know the CEO of Gabriel Money, an Atlanta-based neobank focused on financial literacy and empowerment for the Latino community in the US.Funding NewsCharlotte-based Lucid Bots closed its $9.1 million Series A funding round, led by Cubit Capital, with participation from Idea Fund Partners, Danu Venture Group, and existing investors that include Y Combinator’s Growth Fund and Gratus Capital. Previous Hypepotamus coverage of Lucid can be found here.Birmingham-based Acclinate, a health equity startup focused on improving clinical trials, raised its $7 million Series A funding round. More on the funding round here.Acquisition NewsFlashtract, an Atlanta-based software startup for construction billing automation, announced it was acquired by California-based Trimble
SAN FRANCISCO--(BUSINESS WIRE)--We are excited to share that Prelim has been selected as the best-in-class solution in the American Bankers Association's (ABA) 2024 Digital Account Opening Product Assessment, conducted in partnership with Datos Insights. Prelim was highly ranked in terms of live deployments, contracts sold in 2023, customer feedback, and out-of-the-box core and financial application integrations, positioning it as a leader in the digital onboarding space.As echoed by one of Prelim's satisfied clients:"Prelim's innovative approach and commitment to excellence have truly transformed our digital onboarding experience. Their modern and open architecture allows us to connect to any system and partner with Prelim's highly responsive team to tailor a solution that works for our current technology infrastructure, processes, and compliance/risk requirements." Head of Digital - $38bn Regional Publicly Traded BankWhat Does the Assessment Measure?As part of this initiative, the ABA commissioned Datos Insights to research and evaluate a selection of digital account opening products, providing valuable insights to support member banks' vendor and product decisions.The assessment highlights key trends and challenges in the digital account opening space, emphasizing the importance of enabling financial institutions to remain competitive through seamless and intuitive account opening processes.How Did Prelim Fare? Insights from the AssessmentIn the evaluation, Prelim showcased remarkable performance across various criteria:Tailored Solutions : Prelim's product suite is built by former top bankers and Silicon Valley engineers and crafted to align with financial institutions' diverse offerings, requiring minimal engineering or IT resources.: Prelim's product suite is built by former top bankers and Silicon Valley engineers and crafted to align with financial institutions' diverse offerings, requiring minimal engineering or IT resources. Diverse Portfolio : Since its inception in 2017, Prelim has curated a robust selection of 100 solutions, spanning from Consumer and Business Account Onboarding to Treasury Services Onboarding, catering to the unique needs of banks and credit unions.: Since its inception in 2017, Prelim has curated a robust selection of 100 solutions, spanning from Consumer and Business Account Onboarding to Treasury Services Onboarding, catering to the unique needs of banks and credit unions. Regional/Community Bank Focus: Prelim boasts a wide-reaching presence across 41 U.S. banks, including Banc of California, City National Bank of Florida, and Metropolitan Commercial Bank, indicating its relevance and appeal to a diverse clientele.Prelim boasts a wide-reaching presence across 41 U.S
AUSTIN, Texas, Nov. 1, 2023 /PRNewswire/ -- Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, has partnered with Prelim. This industry-leading Silicon Valley fintech firm provides digital onboarding solutions for consumer and business accounts.More than 55% of small businesses emphasize the importance of digital online account opening for their business and expect their financial institution to provide it, according to Datos Insights. Prelim and Abrigo's partnership provides user-friendly digital applications and efficient workflows for financial institutions and their customers. The software offers seamless applications for one or multiple accounts, secure document uploads, and digital signatures, whether online or in-branch. The automated digital account opening software removes manual tasks and provides stringent know-your-customer/business verifications, rapid customer fund allocation, and smooth integration with core banking systems.Abrigo selected Prelim as a partner because its solution has a proven track record of success
Fiserv partners with Prelim to introduce a no-code financial application solution available for commercial and consumer deposit account onboarding, both online and in-branch.
SAN FRANCISCO--( BUSINESS WIRE )-- Prelim, an industry-leading Silicon Valley fintech firm renowned for its digital onboarding solutions for consumer and business deposit accounts, is pleased to announce a strategic partnership with Colony Bank, a Georgia-based community bank committed to delivering exceptional banking solutions.
PortX, the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions (FIs) through its Integration-Platform-as-a-Service (IPaaS), announced today a new partnership with Prelim, a fintech providing digital onboarding solutions for consumer deposit accounts, business deposit accounts, and treasury services. This alliance will leverage PortX’s Open Banking API to standardize and streamline connectivity to more FI customers.Prelim’s open banking technology is the digital layer between the bank and its customers, and empowers financial institutions to digitize their services, enhance efficiency, and deliver exceptional customer experiences. With its white-labeled, no-code platform, Prelim has established itself as the industry leader, boasting the most turnkey app store integrations for use cases such as fraud detection, income/asset verification, eSignature, and KYC/KYB verifications.PortX’s Open Banking API offers a universal API definition that FIs and fintechs can utilize to implement familiar FI use cases such as online banking, digital banking, account opening, loans, and more. Part of its robust IPaaS, this solution supports most common core vendors and aims to simplify and accelerate the integration between an FI’s core and its fintech partners.Through this strategic alliance, Prelim embraces the opportunity to extend its market presence and solidify its position as the go-to provider of digital onboarding solutions. By harnessing PortX’s extensive fintech ecosystem, Prelim will continue to deliver unparalleled value to an expanding customer base, reshaping the digital landscape of financial institutions.Heang Chan, the CEO of Prelim, expressed his excitement about the partnership: “Joining the PortX fintech ecosystem and integrating with its Open Banking API will allow us to continue to provide best-in-class access to providers within the platform. Prelim supports over 100 financial products; thus, working with PortX enables us to offer our customers an even more seamless digital banking experience that is integrated with their cores.”“There’s a broad change happening in the financial services market; banks and credit unions increasingly need access to cutting-edge fintechs like Prelim,” said David Wexler, CEO of PortX
PortX, the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions (FIs) through its Integration-Platform-as-a-Service (IPaaS), announced today a new partnership with Prelim, a fintech providing digital onboarding solutions for consumer deposit accounts, business deposit accounts, and treasury services.
Prelim, a fintech provider optimizing digital banking experiences for financial institutions, announced that Climate First Bank has selected its solution to enhance online banking experiences for its business account holders. Specifically, through Prelim’s flexible, low-code solution, the bank will be able to offer a streamlined, simplified digital account opening process for business owners. A values-based community bank with a founding mission of addressing climate crisis, Climate First Bank provides personal and commercial banking services with a focus on environmental sustainability, including specialized “green” loan options for a variety of opportunities from rooftop solar to renewable energy to building retrofits, EV charging, or even purchasing certified carbon offsets