BrightFi
Founded Year
2020About BrightFi
BrightFi is a financial technology company that provides digital banking services that help financial institutions and non-banks of all sizes who want to launch banking products, configure, test and deploy new products or digital brands at a fraction of the time and cost.
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Latest BrightFi News
Sep 14, 2022
News provided by Share this article Share this article COLUMBUS, Ohio and SCOTTSDALE, Ariz., Sept. 14, 2022 /PRNewswire/ -- BrightFi, the banking technology services company with a mission to bring better banking to every community, is proud to team with Habitat for Humanity of Ohio to bring reliable, low-cost banking solutions to Habitat for Humanity clients, families, supporters and broader communities across Ohio. "Our mission is to bring people together to build homes, communities, and hope. Financial security and opportunity is important for our families and a reliable, low-cost bank account, is essential," said Ryan Miller, executive director, Habitat for Humanity of Ohio. "Our collaboration with BrightFi helps make a secure, trusted bank account available to those that need it most." Our collaboration with BrightFi helps make a secure, trusted bank account available to those that need it most. The MyBrightFi service is a consumer mobile banking app that offers almost everything you'd get at a traditional bank at a lower cost and with absolutely no hidden fees. MyBrightFi helps real people take back control of their finances, keep more of their hard-earned money, and begin working toward their important goals. "We started BrightFi because the statistics of who does and doesn't have a bank account in the United States are startling: 32 million households are either not using banks or are using banks alongside other costly services like check cashers and prepaid cards," said Michael Coghlan, chief executive officer of BrightFi. "We're proud to collaborate with community and people-focused organizations like Habitat for Humanity of Ohio to further advance our mission and bring banking to every community." Community organizations, non-profits and companies interested in helping their members and customers get better access to real banking can take advantage of either the MyBrightFi referral service or BrightFi's comprehensive, white-labelled banking services. BrightFi also offers solutions for community banks and credit unions to help significantly lower costs to enable banks to extend accounts to even more members of their community. About Habitat for Humanity of Ohio: Habitat for Humanity of Ohio is a statewide 501(c)3 organization whose main purpose is to increase the capacity of Ohio's 45 Habitat for Humanity affiliates to build simple, decent homes in partnership with families in need of affordable housing. Located in Columbus, Ohio, Habitat for Humanity of Ohio provides services to affiliates through resource development, advocacy and training. Learn more at: www.habitatohio.org . About MyBrightFi: MyBrightFi is banking for your life. We're a financial technology company, not a bank. We have a mobile banking app that helps you take back control of your finances, keep more of your hard-earned money, and begin working toward your goals. Our banking services are provided by Webster Bank N.A. ; Member FDIC. Find out how to open your own account at: www.mybrightfi.com . About BrightFi: BrightFi, delivers a cloud-based banking as a service platform that lets financial institutions and non-banks configure, test, and deploy digital banking products at a fraction of the time and cost. BrightFi's end to end platform significantly reduces costs and brings modern financial services to communities that need them most. For more information, visit www.brightfiservices.com . Media inquiries - please contact:
BrightFi Frequently Asked Questions (FAQ)
When was BrightFi founded?
BrightFi was founded in 2020.
Where is BrightFi's headquarters?
BrightFi's headquarters is located at 4250 N Drinkwater Blvd, Scottsdale.
Who are BrightFi's competitors?
Competitors of BrightFi include Nymbus, Synctera, Apiture, Finastra, Bankjoy and 7 more.
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Compare BrightFi to Competitors
Mambu is a software-as-a-service (SaaS) company focused on providing a cloud banking platform within the financial services industry. The company offers a composable banking infrastructure that enables clients to create and manage lending and deposit services, as well as integrate with various application programming interfaces (APIs) for a customizable financial experience. Mambu primarily serves sectors such as banks, credit unions, and retailers looking to offer digital financial products. It was founded in 2011 and is based in Amsterdam, Netherlands.
Agora Financial Technologies, the FinTech enabler for banks, helps banks to ramp up their digital experience without replacing their core banking system. Agora provides and co-creates tech tools for banks so that they can accelerate their digital journey and implement Fintech products. It was founded in 2018 and is based in New York, New York.
Nymbus operates in the financial services industry, providing alternatives to traditional banking business models. The company offers products and solutions designed to enable financial institutions of all sizes to grow and serve their customers without the need for core conversion. Nymbus primarily caters to banks and credit unions looking to launch digital banking services, create niche financial brands, or deploy innovative core banking platforms. It was founded in 2015 and is based in Jacksonville, Florida.
BrightFi Services, a subsidiary of Verdigris Holdings, delivers a cloud-based technology and operations BaaS platform that empowers banks to configure, test and deploy new products or digital brands.
Business Alliance Financial Services (BAFS) specializes in providing commercial lending software and services to financial institutions. Their main offerings include a cloud-based lending platform known as BLAST, along with a suite of services that support client onboarding, credit administration, and regulatory compliance. They also offer financial statement analysis, credit risk rating systems, and data analytics solutions to enhance the commercial lending process. It was founded in 2009 and is based in Monroe, Louisiana.
BackBase is a company that focuses on providing an Engagement Banking Platform in the financial technology sector. The company offers a platform that enables banks to modernize their customer journeys and business operations, by gradually replacing or decomposing legacy systems and constructing a modern customer engagement orchestration architecture. The platform is primarily sold to the banking industry. It was founded in 2003 and is based in Amsterdam, Netherlands.
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