Riverwood Capital led the banking technology developer's series C round, which came five years after its Intel Capital-backed series B.
Technisys, a US-based digital banking software developer backed by semiconductor and data technology producer Intel, completed a $50m series C round on Tuesday led by private equity firm Riverwood Capital.
Founded in 1995, Technisys has developed software that leverages machine learning and artificial intelligence technology to help banks, financial technology providers and other financial institutions offer their customers digital services.
The company’s core cyberbank digital and cyberbank products are live in 15 countries and used by more than 50 customers…
