Banking News

Levvel Announces Partnership with Core-as-a-Service Leader, Finxact

Levvel Announces Partnership with Core-as-a-Service Leader, Finxact

Levvel, an Endava company, is honored to announce a partnership with Finxact, a leader in modern core banking solutions.

After over two years of collaboration, Finxact and Levvel have entered into a new formal partnership to solidify the two organizations’ alignment and focus on shared customer success. This partnership builds off recent success stories that include working together to stand up a digital bank proof-of-concept in just 106 days for a top-50 U.S. bank. Levvel joins Accenture, Deloitte Digital, and Wipro Limited as Finxact’s sole systems integration partners.

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Levvel’s Vice President of Strategy, Greg Lloyd, said, “We often find that enabling new digital banking experiences is not just about building cool technology. Levvel’s deep banking and industry expertise help to guide customers to a successful launch by encompassing all facets of product design from ideation on requirements to operational considerations. This partnership will shape the future of banking by combining a truly modern banking toolset with a new model for how banks work with external service providers.”

With Levvel now part of the Endava family, this announcement builds on Endava’s goal to reimagine the relationship between people and technology. This partnership will help lead global expansion for Finxact and solidify Levvel and Endava as a leading system integrator and trusted partner for banks on a global scale. With Finxact as a true leader in redefining banking software, this will help launch their collective clients into the digital-first era.

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Finxact’s Chief Revenue Officer, Ryan Victor, is excited about the opportunities for growth with Levvel, and Endava. “Over the last two years, we’ve had the opportunity to observe closely the Levvel team in action. They combine technical expertise with a project plan that is highly disciplined and focused on getting the bank swiftly and successfully to its defined target state. Their approach will help banks both in the U.S. and abroad achieve success in their digital and core transformation initiatives.”

Levvel and Finxact’s shared mission of accelerating bank modernization and digital transformation is furthered by Endava’s global reach and expertise in financial services. Levvel and Finxact have a foundational belief that banking software should drive freedom and flexibility, enabling banks to compete in an increasingly complex world.

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