Harvest Savings & Wealth Technologies (formerly called Trizic Inc.), a San Francisco, CA-based provider of integrated savings and wealth solutions for the financial industry, raised an additional $23m in equity and debt financing.
Backers included unnamed existing investors and new investors.
The company intends to use the funds to accelerate growth.
Led by CEO Drew Sievers, Harvest Savings & Wealth Technologies provides integrated, enterprise-grade digital savings and wealth solutions to banks, credit unions, trust companies, and other financial institutions.
The company also Harvest also announced the launch of two new products: Goalkeeper and Signals.
Goalkeeper is a white-labeled, automated micro-savings solution that allows financial institutions to deliver unlimited goals-based savings accounts to their customers for no monthly fees.
Signals provides an actionable business intelligence layer that runs across a financial institution’s retail and wealth core systems. Specified patterns are tracked daily, triggering resulting actions that provide tightly integrated savings and wealth solutions up and down the value chain.
The above mentioned new products will join Harvest’s existing wealth and trust solutions for Digital Account Opening and Automated Digital Advice, which are being used by firms like John Hancock, Bank of Oklahoma, First Citizen’s Bank, Apex Clearing Corporation, Central Trust Company, and several other banks which are in various stages of delivery.