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Venture Capital News: Savana Closes $45M Series A Round

2022-08-02
MALVERN, PA, Savana, an industry leader in financial software for banks and fintech's, today announced the closing of a $45 million Series A round.
The round was led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be used to drive continued growth of Savana's core-agnostic Digital Delivery Platform, ramp up its go-to-market activities, and accelerate its roadmap of new capabilities.

Fiserv, a leading global provider of payments and financial services technology, participated in the round and also will expand its existing reseller agreement with the company.

Savana unlocks next-generation, customer-centric banking operations through the industry's first and only digital delivery platform. Leveraging unmatched banking knowledge and expertise, Savana solves the issues that arise during digital transformation or in creating and launching a new bank. Redefining customer-first operations, Savana is powering the future of banking.
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