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Z Suite Technologies announced it raised $3.2 Million in an initial filing from an offering of $3.2 Million

Oct 13, 2023almost 2 years ago

Amount Raised

$3.2 Million

Round Type

seed

BurlingtonFinanceFinancial ServicesLendingFintech

Company Information

Company

ZSuite Technologies, Inc.

Location

99 SOUTH BEDFORD ST, SUITE 101

Burlington, Vermont, United States

About

ZSuite Tech's'​ mission is to provide financial institutions with innovative technology that solves real problems for specific industry verticals to grow their businesses. The foundation of our company began in 2015 when Leader Bank, a community bank based out of Arlington, MA created a product innovation division within the institution. After several successful product launches, Leader Bank and the product innovation division realized that to have the greatest impact on the industry, they had to establish a company that was completely independent. In the summer of 2019, ZSuite Technologies was founded. The product innovation division from Leader Bank combined forces with seasoned FinTech executives to start the journey of helping financial institutions efficiently grow deposits with digital escrow subaccounting tools targeted at niche verticals, sometimes known as specialty deposits.

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