PRESS RELEASE May 19, 2022
The explosion of self directed investing including cryptocurrencies has created an unprecedented opportunity for Community Banks to leap frog the market and deploy products that enable customers to grow and protect their wealth.
SAN FRANCISCO and AUSTIN -- Bankers Helping Bankers (BHB) and Unifimoney have today announced an educational partnership to help community banks accelerate their deployment of innovative self directed digital investment services.
BHB works to ensure the long term success of community banks, by helping them lead the transformation of financial services to compete both with large bank and fintech competitors. Unifimoney is a multi-asset digital wealth management platform for Financial Institutions incorporating passive and active investing of over 10,000 stocks and ETF’s, 80 cryptocurrencies and precious metals.
The partnership will see Unifimoney sponsor and collaborate with BHB and their members to increase awareness and understanding of the potential of launching self-directed wealth management services to complement the bank's existing business. It will also enable Unifimoney to work with banks to direct future roadmap products and services including blockchain based technologies.
Dave Mayo CEO of FedFIS and Founder of BHB stated “Community Banks are the trusted foundation of our banking system. We now need to build on top of this foundation with new skills, services and create a new reputation as bankers that can bring the best of innovative new services to market - safely, securely and at speed. We are not going to do this alone, we are much stronger together. Community banks deserve best of breed products like Unifimoney.”
Christopher Williston VI CEO of Independent Bankers of Texas (IBAT) and co-founder with FedFIS of BHB said “To attract and retain a new generation of customers to community banks we must deliver new services that delight and engage customers in the digital channels of their choice and help them meet their long term goals.” He continued “Unifimoney’s platform is a perfect example of a partner with whom banks can outperform their competitors in speed, scope and cost efficiencies in deploying new services.”
Ben Soppitt Co-Founder and CEO of Unifimoney said “Community Banks have an extraordinarily strong foundation on which to build and extend the way they serve their customers and communities. Bankers Helping Bankers is focused on the future and dedicated to ensuring Community Banks lead the change not follow it. We could not be more proud of this partnership.”
About Bankers Helping Bankers
A bankers-only social+platform for collaboration and education. Through data tools and dynamic user groups, Bankers Helping Bankers provides community bankers with a knowledge base focused on bank technology and emerging Fintech companies, as well as hot topics such as cryptocurrencies, banking-as-a-service, becoming a sponsor bank, and launching a direct digital brand. The BHB platform is free for bankers, reaching 75% of banks. Join the movement to help save community banking.
Unifimoney is a multi-asset turnkey digital wealth management platform that serves Community Banks and Credit Unions to enable them to offer compelling investment services to their customers. The Unifimoney platform today includes both passive and active investing in traditional equities and ETF’s. Over 80 cryptocurrencies and precious metals including gold, silver and platinum. Unifimoney RIA, a wholly owned subsidiary of Unifimoney Inc. is a SEC registered RIA. Unifimoney is part of the ICBA 2022 ThinkTech Accelerator Program.