Malvern fintech company raises $45M Series A funding round

Malvern fintech company raises $45M Series A funding round

Malvern financial technology company Savana has raised a $45 million Series A funding round to further expand its digital capabilities and increase overall operations.

The financing round was led by Georgian, a Toronto venture capital firm investing in startups to scale products. Fiserv, a Wisconsin fintech company specializing in mobile banking technology, also contributed to the Series A funding round. Fiserv will also expand its existing reseller agreement with Savana.

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