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Georgian led a $45m Series A funding round in Savana.

Synopsis

Georgian, a growth-stage investor, led a $45m Series A funding round in Savana, a provider of financial software for banks and fintech's, with participation from Fiserv. The funds will be used to drive continued growth of Savana's core-agnostic Digital Delivery Platform, ramp up its go-to-market activities, and accelerate its roadmap of new capabilities. "We're thrilled to have the backing of Georgian and Fiserv as we look to redefine customer-first banking operations. The banking industry is going through an incredible transformation. This funding round will help support the growth of our digital delivery platform to enable any bank, whether new or going through transformation of existing technology infrastructure, to speed time to market of new products and services, support continuous digital innovation and drive significant operational efficiency," Michael Sanchez, Savana Chairman and CEO.

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