RALEIGH, N.C. – Aug. 23, 2022 –– Constellation Digital Partners, LLC, announced today that it has entered into an agreement to acquire WalletFi, a subscription management solution and Analytics-as-a-Service provider that unlocks the intelligence within transactional data and delivers insights to expand customer relationships and boost non-interest income for financial institutions.
The acquisition further solidifies Constellation’s commitment to digital innovation and serving its partners by providing access to new and differentiating services. Transactional data intelligence is a natural extension of the Constellation platform and highlights data’s critical role as an enabling capability. This acquisition will enhance Constellation’s digital service offerings and empower Constellation to have an increased opportunity to work with community-based financial institutions in new and exciting ways.
“WalletFi has been a fantastic partner from the beginning, and we’re elated to expand on our relationship with their team through this acquisition,” said Kris Kovacs, Constellation President, and CEO. “Pairing WalletFi’s technology with the power of our Digital Banking Services will enable our clients to offer truly unique and intuitive services that engage and delight their users. We’re also pleased to be adding the leadership and experience of the WalletFi team to our own.”
“WalletFi is extremely excited to be coming together as one with Constellation,” said Marc Miller, WalletFi CEO and Co-Founder. “We look forward to accelerating Constellation’s vision to free community financial institutions from the limitations of legacy systems, allowing them to move ahead with next-generation innovations from an entire ecosystem of fintechs and developers.”
As part of this acquisition, Constellation will retain the entire WalletFi team.
About Constellation Digital Partners
Constellation Digital Partners enables credit unions and community banks to launch scalable, fintech-powered digital banking services. Institutions can add a single fintech service to their existing digital banking solution or replace it entirely using Constellation’s cloud-native platform. Constellation’s patented platform ensures security and integration with popular core systems, and its robust ecosystem empowers and supports hundreds of fintech partnerships. Visit www.constellation.coop to learn the latest innovations. Connect with Constellation on Twitter, Instagram (@ConstellationDP), and LinkedIn.
WalletFi is the subscription management solution and Analytics-as-a-Service provider that unlocks the intelligence within recurring payments and delivers insights to expand customer relationships and boost non-interest income for community financial institutions and fintech companies. WalletFi is a venture-backed company based in Raleigh, NC, dedicated to delivering mutually beneficial outcomes for financial institutions and their account holders. Visit walletfi.com for more information.