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Dragonfly Financial Technologies Launches as an Independent Digital Bank

Source: Youmans

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Dragonfly Financial Technologies Corp., a digital banking and treasury management fintech, announced its official launch as an independent company following the completion of One Equity Partners' acquisition of ACI Worldwide's Corporate Online Banking unit​.

Now independent, Dragonfly Financial Technologies will invest significantly in improving its cloud-based digital business banking platform, with its vast library of open APIs, feature-rich functionality and extensive reporting capabilities.

Leading the new company as CEO is Johan Roets, who formerly served as Chief Administrative Officer for ACI Worldwide and also was the company's Chief Transformation Officer. Earlier in his career, Roets worked in various leadership roles in retail banking and payments with Standard Bank Group and as a partner with Arthur Andersen & Co.

"Across cultures, dragonflies are revered for their agility, excellent vision and as symbols of strength, transformation and prosperity, so it is a fitting name for our company, as we combine the passion, ingenuity and drive of a start-up with the large customer base and resources of an established growth company," said Roets.

"Customers widely recognize our products as delivering a tremendous level of innovation and value to their business through our features, user experience and hundreds of API integrations – and now we have the independence, focus and investment to accelerate our product roadmap and bolster our overall customer success experience."

In addition to Roets, Dragonfly Financial Technologies' senior executive team includes industry veterans with extensive digital banking experience, including designing, building and selling the current UOB and EB solutions.

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