TLDR: US-based Software as a Service (SaaS) company Digital Onboarding has secured USD 58 million in growth capital from Volition Capital. The funding will be used to further advance the development of the company’s digital engagement platform. Digital Onboarding’s technology aims to address challenges in the banking sector by digitizing traditional paper welcome kits and offering targeted, journey-based communication. With over 140 financial institution customers, Digital Onboarding has experienced rapid growth and plans to leverage the funding to enhance its product roadmap.
US-based SaaS company Digital Onboarding has raised $58m in growth capital from Volition Capital to further develop its digital engagement platform. The company provides digital solutions to address challenges faced by financial institutions and aims to digitize traditional paper welcome kits by offering targeted communication and action-oriented microsites. Digital Onboarding will use the funding to accelerate its product roadmap and enhance segmentation and profile management. The company has over 140 financial institution customers and plans to invest in marketing attribution, machine learning, and embedded fintech functionality.
