Solifi announces continued growth in North America

Solifi (formerly IDS), a global fintech software partner for secured finance, announced they have secured 11 new customers and 14 go-lives to date in 2021. With our unique open finance platform driving record-breaking growth and digital transformation, we now serve 34 of the top 50 U.S. banks, 7 of the top 10 U.S. equipment financing firms, including 2 of the 3 largest independents, and 3 of the top 5 U.S. factors.

“We are thrilled to offer secured finance organizations an easier way to manage and grow their business through our open finance platform delivered via a true SaaS solution,” says David Hamilton, Solifi CEO. “Access to an integrated technology ecosystem gives our customers greater economies of scale with a single strategic technology partner – everything in one place – as they pursue transformation to a digital-first business model.”

Solifi delivers a global portfolio of end-to-end integrated solutions for equipment, working capital (asset-based lending, factoring, wholesale/floorplan), and automotive finance firms. We’ve built a market-leading technology platform that enables companies to benefit from an integrated and efficient software-as-a-service (SaaS) solution. The same pay-for-what-you-use technology we deploy at large, global banks, independent, and captive finance firms is the same technology and level of service we offer to growth-stage organizations who benefit from a consumption-based, not user-based, pricing structure.

Our open finance platform is also driving strong growth across Europe. We recently announced several leading equipment and automotive finance companies selected Solifi to transform their business operations and expand their geographical reach with multi-country implementations across Europe. For example, we successfully migrated a global networking and cybersecurity manufacturer’s equipment finance business covering 14 countries in only seven months. Our highly experienced team consolidated the customer’s four contract management systems to our single and scalable SaaS platform.

Contact us to learn how our unified Open Finance Platform can transform your legacy system into a digital-first business model.

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