FileInvite raises $2.3 million to target US financial services customers
Document and data collection agency FileInvite has raised $2.3 million in order to push into the US financial services market.
Wednesday, November 4th 2020, 6:00AM
The document collection platform has raised an additional $2.3 million, to achieve a total of $4.5 million, in a revenue push for the firm to move into the US financial services market.
FileInvite has doubled its revenue in the past 10 months, increased staff more than 300%, and evolved the solution to serve more than 300,000 users in 26 countries.
“Interest in secure document transfer was growing strongly even prior to Covid-19 as stricter privacy laws in Australia and Europe drove brokers to improve their operational processes dealing with personal data,” says James Sampson, CEO and founder.
FileInvite’s cloud-based platform allows consumers and professionals such as loan officers or mortgage brokers to remotely share, track and audit the collection of personal documents, without compromising security or complicating the process by using email.
The US push builds on customer momentum closer to home. Since adding Loan Market and Aussie Home Loans to its customer list, as many as one in three brokered loans in Australasia now goes through FileInvite each month.
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