PEACHTREE CORNERS, Ga.–Alogent announced that Jwaala LLC has been added to its digital banking technology portfolio.
Jwaala, headquartered in Austin, Texas, creates digital banking solutions for U.S. financial institutions.
Alogent said it will continue to provide, enhance and support Jwaala’s entire collection of solutions, which will be marketed under the new name Alogent Digital. Existing Jwaala customers will benefit from Alogent’s continuing commitment to innovation and its proven long-term track record for performance, the company said.
“Mobile and online banking are an integral part of every financial institution’s growth strategy,” said Jason Schwabline, Alogent’s SVP, product management and strategy. “Getting this platform right is key to our customers’ success, which makes Jwaala a perfect fit for us.”
“We believe deeply in our unique approach to digital banking, and we expect tremendous new growth opportunities as part of a company as agile, innovative, and dynamic as Alogent,” said Jwaala founding partner and CTO Andrew Taylor.
“This acquisition is Alogent’s next major step forward in our mission to digitize and automate the financial services world,” added Alogent CEO Dede Wakefield. “Jwaala’s digital banking platform adds a significant foundational set of capabilities, which will allow us to serve more of the digital financial ecosystem.”