ZURICH & NEW YORK, June 2 (Bernama-BUSINESS WIRE) — Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further expand its product portfolio and accelerate international growth while maintaining the entrepreneurial spirit that has driven the company’s continuous advancement since 2003.
Headquartered in Switzerland with eight offices around the globe, Appway provides software designed to support the digital transformation of customer-focused organizations across the financial services industry. Ten out of 25 of the largest wealth managers in the world trust the company’s award-winning software suite to aid the digitization, automation and acceleration of core business processes, such as the onboarding of new clients, managing changing client circumstances and regulatory reviews. Industry-leading institutions, including Credit Suisse, HSBC, J.P. Morgan, LGT, LPL Financial and Deutsche Bank, rely on Appway to improve customer experience and boost internal efficiencies while helping to maintain compliance with complex industry regulations. Leveraging an extensive community of consulting, implementation and technology partners, Appway gives access to a comprehensive ecosystem to support the digitization of organizations around the world.
