REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c inc.a leading provider of digital payment and banking technology, today announced its strategic relationship with Swell Financial Inc.Colorado-based developer of the Swell app, which will include features to automatically monitor expenses, tackle debt, and more.
Built on i2c’s best global platform, Swell’s Shoreline API infrastructure enables tight integration and instant funds transfer between deposit accounts, credit and other financial products. i2c will power Swell’s debit and credit products so that Swell customers can move their money seamlessly within the platform, instantly, securely and reliably.
“i2c and Swell believe in the power of technology to accelerate financial inclusion, and this is a big step towards equal access to financial products for customers of all types,” said Jim McCarthy, president of i2c Inc. “We are excited to leverage our agile platform to enable Swell to reinvent financial services with a customer-centric mindset.”
“I’ve been in financial services my entire career and I’ve seen a troubling pattern of banks providing great service only to high net worth customers,” said Kevin Dahlstrom, Founder and CEO of Swell. “With i2c’s global expertise, we can now help what I call ‘the remaining 95%’ make the same smart ‘Money Moves’ as the rich.”
In a community survey conducted by Swell, the fintech found that 99% of respondents did not believe traditional banks had helped them take smart financial steps proactively, such as reducing debt, increasing income and making investments. Additionally, 94% trusted Twitter’s financial advice over their banks. Swell hopes to use technology to better serve these consumers and their financial needs.
About Swell Financial Inc.
Swell Financial Inc. is the developer of the Swell app, which is designed to help working Americans make the same “Money Moves” as the wealthy. The Swell app includes several groundbreaking features to help customers automatically control their spending, manage their debts, and more. Join the Swell community on www.SwellMoney.com.
About i2c inc.
i2c is a global provider of highly configurable banking and payment solutions. Using i2c’s proprietary “building block” technology, customers can easily create and manage a complete set of credit, debit, prepayment, lending and more solutions quickly and affordably. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001 and based in Silicon Valley, i2c’s next-generation technology supports millions of users in over 200 countries/territories and all time zones. For more information, visit www.i2cinc.com and follow us on @i2cinc.