Agreement Express Closes US$1M Revolving Line of Credit with Silicon Valley Bank

AgreementExpress_LogoAgreement Express, a Vancouver, Canada-based onboarding automation software for the financial services industry, closed a US$1m revolving line of credit with Silicon Valley Bank (NASDAQ:SIVB).

The funds will be used to further grow the company’s core onboarding platform and extensions ecosystem and expand geographic reach into new markets.

Led by Mike Gardner, Chief Executive Officer, Mike Christie, Chief Technology Officer, Brad Carlyle, CPA, CA – Chief Financial Officer, Ian Gilbert – Chief Revenue Officer, Agreement Express is onboarding automation software for the financial services industry.
The platform fully digitizes and automates the customer onboarding experience with responsive forms, custom workflows, and automated risk assessment. It manages the intake and processes of new merchant applications, verifies data within applications, and offers access to thousands of data points.

Agreement Express is used by Fortune 500 financial institutions and three of the top five global acquirers in electronic payments.

FinSMEs

10/02/2016

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