Finxact is the first enterprise-class cloud-native core banking platform built on an open API architecture. Founded in 2017 in Jacksonville, Florida, it provides a modern system of record and transaction processing engine for banks, fintechs, and embedded finance partners. Finxact was acquired by Fiserv in April 2022 and powers clients including Live Oak Bank, First Horizon, and DoorDash's embedded finance products.
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