Finzly, a provider of cutting-edge payments infrastructure for financial institutions, announced today that it has closed a Series A funding round of $10M with TZP Growth Equity. The funding will be used to accelerate Finzly's expansion as it continues to meet the growing needs of financial institutions for digital transformation.

Finzly empowers the banks of the future, along with fintechs and businesses, to seamlessly offer and access financial services in an open, connected, embedded and real-time ecosystem. At the core of this infrastructure is FinzlyOS, a modern, cloud-based, API-enabled operating system that serves as a parallel platform to a bank's core. With a wide range of turnkey banking solutions, including a multi-rail payment hub, foreign exchange, trade finance, compliance, and commercial banking experience components, Finzly enables the creation of programmable banks while also providing a Banking-as-a-Service platform to fintech partners and corporate customers via a single API connection to all payment networks. In a recent breakthrough, Finzly unveiled the world's first API for accessing the FedNow service and was one of the first to go live on the platform, solidifying its position as a leader in payments technology.