Fintilect
An editor has nominated this article for deletion. You are welcome to participate in the deletion discussion, which will decide whether or not to retain it. |
 | This article contains paid contributions. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. |
| Industry | Financial services, IT |
|---|---|
| Headquarters | , England |
Area served | Worldwide |
Key people | Rami Cassis (Executive Chairman) Lindsay Soergel (CEO)[1] |
| Products | Interact |
| Services | IT, financial services, security |
| Website | fintilect |
Fintilect is a group of fintech companies owned by Parabellum Investments, comprising British software companies ieDigital and ABAKA, and the American financial services company Connect FSS.[2]
Its products use artificial intelligence to personalise banking interactions with customers according to their lifestyle and financial habits.[3]
History
[edit]ieDigital was founded as Intelligent Environments in 1985, initially working on home automation,[4] but later specialised in software for the financial services sector.[5] Its headquarters are in Kingston upon Thames, near London.
In 2010, through a reverse takeover with Documetric,[4] IE PLC grew and was delisted from the Alternative Investment Market (AIM). This acquisition was spearheaded by Rami Cassis, who founded the parent company Parabellum Investments, and remains a key figure at Fintilect.[3][5]
It was rebranded as ieDigital in 2018.[4][6]
ieDigital's main product is called "Interact",[7] a digital platform for banks and building societies. Past clients include global banks Lloyds and HSBC[8] and UK-based Dudley Building Society[9] and Darlington Building Society.[10]
In October 2023, ieDigital acquired Connect FSS, a US-based digital banking technology provider to credit unions, thus cementing its position as one of the largest global digital banking software providers.[11] In January 2024, ieDigital acquired ABAKA, a UK-based AI fintech software provider.[12] Fintilect was launched as a combined identity for these three companies in August 2024.[3]
References
[edit]- ^ "Lindsay Soergel Appointed as Fintilect CEO". Fintech Finance News. 5 March 2025. Retrieved 6 May 2025.
- ^ "Transatlantic fintech alliance Fintilect goes live". Finextra. 21 August 2024. Retrieved 6 May 2025.
- ^ a b c Methri, Gloria (23 August 2024). "Fintilect launches to offer AI-driven banking personalisation in the UK". IBS Intelligence. Retrieved 6 May 2025.
- ^ a b c Andreasyan, Tanya (31 May 2018). "Intelligent Environments rebrands as ieDigital". Fintech Futures.
- ^ a b "Interview with Jerry Young, CEO at ieDigital". Financial IT. 23 March 2022.
- ^ "Intelligent Environments to rebrand as ieDigital". Intelligent Environments. 31 May 2018. Archived from the original on 20 August 2018.
- ^ "Product review: Interact application suite". Financial IT. 23 March 2022.
- ^ Brusnahan, Patrick (6 June 2018). "Intelligent Environments to rebrand as ieDigital". Retail Banker International.
- ^ "Dudley Building Society goes digital with ieDigital". FinExtra. 1 February 2021.
- ^ "Darlington building society continues overhaul with IeDigital". Always Finance News. 7 October 2021.
- ^ "ieDigital acquires Connect FSS to become one of the largest global digital banking software providers". UK FinTech. 17 October 2023. Retrieved 12 April 2024.
- ^ "IeDigital acquires AI fintech software house Abaka". Finextra Research. 25 January 2024. Retrieved 12 April 2024.