Infinant, a Charlotte-based provider of bank platforms, has raised $15 million in a Series A funding round led by FINTOP Capital and its partner JAM FINTOP BankTech.
The round also included participation from Raido Capital Partners, Woodforest Financial Group, and Bankers Helping Bankers, according to an announcement.
The funding will be used to enhance Infinant’s product suite, meet evolving regulatory requirements, and support financial institutions in scaling innovative banking solutions.
The company has experienced significant growth over the past year as banks increasingly seek to diversify their growth channels through embedded finance, digital brands, and partner banking.
Infinant’s flagship platform, Interlace, offers banks a cloud-based solution to launch and scale digital and embedded programs while retaining full operational and regulatory control.
Unlike traditional approaches that depend on monolithic core systems or third-party providers, Interlace enables financial institutions to maintain control over their ledger, operations, and compliance on a bank-owned platform.
This approach offers a cost-efficient alternative to traditional banking system upgrades.
The company’s platform supports a variety of banking models, including digital banks targeting niche markets, embedding financial products into business vertical applications, and expanding merchant and ISO partnerships.
Additionally, it enables banks to develop new products for small and medium-sized businesses (SMBs) and commercial customers, as well as scale partner banking and banking-as-a-service programs.
The Series A funding will also support the expansion of Infinant’s product offerings, including the Interlace Console for customer and account management, Settlement Ops for ledger and reconciliation, Payments Hub for centralized payment processing across ACH, Wire, and FedNow, and a Card Platform for Visa card issuance and processing.
Infinant’s innovative approach aligns with market demands and regulatory changes, positioning the company as a key enabler for banks to scale their operations and adapt to new financial models.
The company continues to differentiate itself by providing financial institutions with tools to diversify revenue streams while maintaining control over critical banking processes.
