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Stock impact report

Trizic Raises $10-Million Series A

The Bancorp, Inc. (TBBK) 
Last the bancorp, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thebancorp.com
Company Research Source: PR Web
SAN FRANCISCO (PRWEB) March 01, 2018 Trizic, a leading provider of digital workflow and automation technology for the wealth industry, today announced a $10 million Series A investment led by venture capital firm Sorenson Ventures with participation from FIS (NYSE: FIS), a global leader in financial services technology, and Betsy Cohen, the founder and former CEO at The Bancorp Bank. Existing investors Freestyle Capital, Broadhaven Capital Partners, PEAK6, and Commerce Ventures also participated in the round. The capital infusion comes at a time when Trizic is rapidly expanding its offering across the wealth spectrum, deploying digital wealth technology to RIAs, Asset Managers, Broker Dealers, Banks, and Credit Unions. "Banks and credit unions are incredibly well positioned to leverage digital wealth technology," noted founder and former CEO of the Bancorp Bank, Betsy Cohen. "Trizic's technical foundation and executive experience are ideally suited to rapidly deliver digital wealt Show less Read more
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