Fundtech, a supplier of transaction solutions to banks and other corporations, has opened its new corporate headquarters, located in lower Manhattan’s financial district.
The space is twice the size of Fundtech’s former headquarters, the company reports, and “features ample meeting space and a state-of-the-art, in-house classroom to provide customers with product training. The office will also serve as a venue to host executive forums, advisory board meetings and other thought-leadership events.”
Currently, the new headquarters “houses 92 of a global staff that exceeds 1,500, and gives Fundtech room to continue to expand,” according to a company spokesperson. The company has no plans to add additional staff at the moment.
“The new office is conveniently located for many of our North American-based customers but also provides a wonderful venue to host our many hundreds of international bank and corporate customers,” Reuven Ben Menachem, Fundtech’s CEO, says in the statement.
Fundtech’s offerings include global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, and credit card gateway and mobile banking products.
Founded in 1993, the company was acquired in 2011 by GTCR, a Chicago-based private equity firm that focuses its investments in the areas of financial services and technology, healthcare, and information services and technology.
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