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Cfm Secures Strategic Investment From Oceansound Partners

Cfm Secures Strategic Investment From Oceansound Partners

01/18/22, 3:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgtempe
CFM, a software business driving transformation in retail banking, today announced that it has received a strategic investment from OceanSound Partners (“OceanSound”), a private equity firm investing in technology and technology-enabled services companies serving government and enterprise end markets. CFM will continue to operate under the leadership of the existing management team, led by CEO John W. Smith.

Company Info

Company
Cfm
Location
tempe, arizona, united states
Additional Info
CFM is driving transformation in retail banking through software that integrates core banking systems with branch technology, including cash recyclers, self-service kiosks, and tablet banking interfaces. CFM’s software solutions and data analytics tools simultaneously help financial institutions create modern retail banking experiences and drive operational efficiency by reducing branch operating costs and improving productivity. CFM has sold over 45,000 licenses to over 650 bank and credit union customers and has been recognized by Banking CIO Outlook as a Top Banking Analytics Solution Provider and as one of the most innovative companies in Arizona by AZ Business Magazine. CFM was founded in 2006 and is based in Tempe, Arizona. For more information, please visit: https://www.whycfm.com/