About Technisys
Technisys is a company based in Miami (United States) founded in 1995 by German Pugliese Bassi and Adrian Iglesias was acquired by SoFi in February 2022.. Technisys has raised $83.75 million across 4 funding rounds from investors including SoFi, Riverwood Capital and Oria Capital. Technisys has completed 2 acquisitions, including Deltek and KONA. Technisys offers products and services including Card Issuing Platform, Payments Platform, and Digital Banking Platform. Technisys operates in a competitive market with competitors including Amount, MANTL, Tyfone, Bankingly and Narmi, among others.
- Headquarter Miami, United States
- Founders German Pugliese Bassi, Adrian Iglesias
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Galileo Financial Technologies, Llc
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Products & Services of Technisys
Technisys offers a comprehensive portfolio of products and services, including Card Issuing Platform, Payments Platform, and Digital Banking Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables secure issuance and management of payment cards.
Facilitates secure electronic payments and money transfers.
Supports online banking, deposits, and lending functions.
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Funding Insights of Technisys
Technisys has successfully raised a total of $83.75M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $50.0M
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First Round
First Round
(23 Jul 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Series C - Technisys | Valuation | Riverwood Capital | |
| Apr, 2019 | Amount | Series B - Technisys | Valuation |
investors |
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| Oct, 2014 | Amount | Series B - Technisys | Valuation | Intel Capital , Alta Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Technisys
Technisys has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SoFi, Riverwood Capital and Oria Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Carveout investments are managed by Riverwood Capital in private equity.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Technisys
Technisys has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Deltek and KONA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Cloud-based social collaboration and productivity platform is offered by Kona.
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2010 | ||||
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Provider of AI, mobile & web development services
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Technisys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Technisys Comparisons
Competitors of Technisys
Technisys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amount, MANTL, Tyfone, Bankingly and Narmi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Omnichannel banking solutions are provided for banks and lenders.
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MANTL is recognized for providing account origination software to banks and credit unions.
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Omni-channel banking solutions are provided for mobile financial services.
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Cloud-based omnichannel banking solutions are provided to financial institutions.
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| domain | founded_year | HQ Location |
Omnichannel banking solutions are provided for banks and credit unions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Technisys
Frequently Asked Questions about Technisys
When was Technisys founded?
Technisys was founded in 1995 and raised its 1st funding round 13 years after it was founded.
Where is Technisys located?
Technisys is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Technisys a funded company?
Technisys is a funded company, having raised a total of $83.75M across 4 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jul 23, 2008.
What does Technisys do?
Technisys was established in 1995 and is headquartered in Miami, United States, within the fintech sector. Cloud-based solutions for omnichannel banking are provided, including Cyberbank Core for handling deposits, loans, and payments. Digital banking ecosystems are supported via Cyberbank Digital, while Cyberbank Digital Wallet enables online payment processing. Operations focus on core banking infrastructure and digital integration for global financial entities.
Who are the top competitors of Technisys?
What products or services does Technisys offer?
Technisys offers Card Issuing Platform, Payments Platform, and Digital Banking Platform.
How many acquisitions has Technisys made?
Who are Technisys's investors?
Technisys has 8 investors. Key investors include SoFi, Riverwood Capital, Oria Capital, Alta Ventures, and Kaszek.
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