Core10, a Franklin, TN-based financial technology company that provides lending and account opening products, as well as software development services, raised $6.5M in Series B funding.
The round, which brought total funding to $12.5M, was led by Patriot Financial Partners, with participation from JAM FINTOP and the Independent Community Bankers of America (ICBA).
The company intends to use the funds to scale the development growth of the Accrue platform and business unit and strengthen its banking technology and integration services line of business.
Led by CEO Jeff Hanson, Core10 is a provider of banking and lending products and financial technology services. Its Accrue platform is a configurable lending and onboarding banking application designed specifically for community banks and credit unions to accelerate community banks’ digital transformation strategies via digital account opening, digital lending, and core/fintech connectivity.
In addition to Accrue, Core10 also has a deep background in banking technology integration and implementation services. Its API integration experts provide community financial institutions and fintechs with subscription and project-based integration solutions to eliminate backlogs, reduce staffing costs and support business growth opportunities.