Welcome! Login | Register
 

NEW: Verdi Named Providence Deputy Chief of Police—Major Thomas Verdi Named Deputy Chief of Police

Side of the Rhode: Who’s Hot & Who’s Not? - September 30, 2016—Side of the Rhode: Who’s Hot & Who’s…

RI Security Firm Says Developer Robbins of USG Won’t Pay $23K Bill—RI Security Firm Says Developer Robbins of USG…

10 Great Things to do in RI This Weekend - September 30, 2016—10 Great Things to do in RI This…

EDITORIAL: Dear Gov. Raimondo, “Why Don’t You Pay Us Girls As Much As Boys”—EDITORIAL: Dear Gov. Raimondo, “Why Won’t You Pay…

Brown & URI Football Set for 35th Governor’s Cup Game—Brown & URI Football Set for 35th Governor's…

RI Airport Corporation Taps Top Airport and Tourism Leader—RI Airport Corporation Taps Top Airport and Tourism…

Finneran: The Bucket List—Finneran: The Bucket List

Developer Getting $3.6M in RI Tax Credits Sued by N. Carolina Town for Backing Out of Project—Developer Getting $3.6M in RI Tax Credits Sued…

NEW: 2 Children in Serious Condition After Car Hits Woman Pushing Stroller on Potters Ave—NEW: 2 Children in Serious Condition After Car…

 
 

Andera Named Top Tech Company by American Banker

Wednesday, December 05, 2012

 

RI's homegrown technology company Andera has been named one of the Top 10 Tech Companies in banking by the leading industry magazine - American Banker.

Andera is the brainchild of Charlie Kroll, a Providence entrepreneur who came to Providence to attend Brown University.

American Banker writes:

Why it's one to watch: Andera is forging ahead with its oFlows platform that's built for iPads to help streamline and create possibilities in the ways banks open accounts and originate loans.
What started off as a web development company founded in Charlie Kroll's Brown University dorm room has matured into an account and loan origination software business meant to help banks serve their customers in more places, more efficiently.

In September of 2010, Andera closed on $9 million in venture funding.

Andera has shifted to a more mobile focus in the bank industry focused technology. According to American Banker: To help do that, Andera acquired oFlows, a paperless system for account opening and lending with expertise in multi-channel origination, in late 2011. With the acquisition, Andera, among other things, has been focusing on leveraging native mobile capabilities, such as the built-in camera to send in supporting documents as well as the touchscreen that lets customers sign forms with their fingers or styluses, to reduce the input burdens of opening an account or loan.

 

Related Articles

 

Enjoy this post? Share it with others.

 

X

Stay Connected — Free
Daily Email
 
:!