BLender Signs Cooperation Agreement with U.S.- based Q2 to Market Cloud-Based Financial Solutions in Israel
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- The Israeli fintech company will integrate the Q2 Symphonix financial platform as part of a comprehensive solution for managing credit, deposits, and payments. This move expands BLender's technology operations and strengthens its value proposition for financial institutions in
- Target markets include banks, non-banking entities, credit companies, payment service providers, and fintechs operating in the fields of credit, deposits, mortgages, and digital payments
- BLender offers the local market an end-to-end technological solution, ranging from core infrastructure to credit, deposit, and payment products
- Dr.
BLender performed adaptations of Q2 Symphonix solutions to the needs of the Israeli market and the local regulatory environment, with the goal of providing an advanced financial cloud solution adapted to the local market. BLender's integrated system will allow financial entities to shorten launch times for new products, improve operational processes, and implement advanced digital capabilities across their operations
A core financial system is the central infrastructure upon which financial products such as credit, deposits, payments, and customer accounts are managed. In recent years, there is an increasing demand from financial institutions for open, cloud-based systems that support fast connection to external systems, automation, data analysis, and AI capabilities.
"The demand for open, cloud-based financial infrastructure is accelerating worldwide," said Q2 Symphonix General Manager
The move strengthens BLender's value proposition in the local market and allows it to offer financial entities in
From a business perspective, the move is expected to expand BLender's activity in the local financial market and establish its status as a significant player in the field of technology solutions for financial entities in
About BLender Financial Technologies:
BLender Financial Technologies (TASE: BLND) is an Israeli fintech company that develops and operates advanced technological systems for financial entities, alongside activity in the field of credit provision. The group's activity focuses on providing SaaS solutions for managing credit, deposits, digital underwriting, and fraud prevention, as well as developing digital financial products adapted to banks, credit companies, and non-banking entities. Additionally, the company has a joint activity with Bank Hapoalim under the brand blenderPay, which allows installment payments at points of sale.
View original content:https://www.prnewswire.com/news-releases/blender-signs-cooperation-agreement-with-us--based-q2-to-market-cloud-based-financial-solutions-in-israel-302781842.html
SOURCE BLender Financial Technologies
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