Fintilect

For Intelligent Environments Conference, see intelligent environment.

Fintilect

Industry	Financial services, IT
Headquarters	Kingston upon Thames, London , England
Area served	Worldwide
Key people	Rami Cassis (Executive Chairman)
Products	Interact
Services	IT, financial services, security
Website	fintilect.com

Fintilect is a British-based global software company, providing financial services technology and AI-driven recommendations for financial services providers from its headquarters in Kingston upon Thames, near London. It also has an established office in Utah.

The company's products are the "Abaka" AI platform, the "Interact", digital banking platform and the "Emerge" credit union platform.[1]

Past clients include global banks Lloyds and HSBC[2] and UK-based Dudley Building Society[3] and Darlington Building Society.[4]

Fintilect is owned by Parabellum Investments, which was founded by Rami Cassis.[5]

History

ieDigital was founded as Intelligent Environments in 1985 providing software for the financial services sector.[6]

It was rebranded as ieDigital in 2018.[7][8]

In January 2023, ieDigital acquired ABAKA, a UK-based AI fintech software provider.[9]

In October 2023, ieDigital acquired Connect FSS, a US-based digital banking technology provider, thus cementing its position as one of the largest global digital banking software providers.[10]

In 2024, Fintilect was formed from the merger of ieDigital, the digital banking engagement platform and digital transformation provider for the UK; Utah-based Connect FSS, a US-based digital banking technology provider exclusively serving credit unions; and ABAKA, a UK-based AI fintech software provider. [11]

Notable achievements

In 2019, ieDigital was a finalist in the Technology awards for its work with Santander Bank.[12]

In 2021, ieDigital launched "Interact Switch", a digital platform to help mortgage companies retain customers,[13] and announced a partnership with outsystems to benefit its financial IT services.[14]

In 2023, ieDigital was selected by Suffolk Building Society as its official partner to develop a new eSavings platform.[15]

Notable people

Rami Cassis is an entrepreneur, investor and the founder and CEO of family office, Parabellum Investments, which owns Fintilect.[11]

He is also the CEO of Fintilect.

In 2010, as CEO of multi-channel service provider Parseq, Rami Cassis led the acquisition of ieDigital as part of a reverse takeover,[16] then became the executive chairman and largest shareholder.

References

1. "Finitilect Says It Now Offers Hyper-Personalized Banking Solutions". 22 August 2024. Retrieved 13 January 2025.
2. "Intelligent Environments rebrand".
3. "Company news".
4. "Darlington building society continues overhaul with IeDigital".
5. "Interview with Jerry Young".
6. "Intelligent Environments to rebrand as IeDigital".
7. "Intelligent rebrands".
8. Intelligent Environments,"Intelligent Environments to rebrand as ieDigital", Intelligent Environments, 31 May 2018
9. "IeDigital acquires AI fintech software house Abaka". Finextra Research. 25 January 2024. Retrieved 12 April 2024.
10. FinTech, U. K. (17 October 2023). "ieDigital acquires Connect FSS to become one of the largest global digital banking software providers". UK FinTech. Retrieved 12 April 2024.
11. "Transatlantic fintech alliance Fintilect goes live". Finextra Research. 21 August 2024. Retrieved 13 January 2025.
12. "Technology awards 2019" (PDF).
13. "ieDigital launches digital solution for lenders".
14. "Outsystems partners with IeDigital".
15. "Suffolk Building Society taps ieDigital for new eSavings platform". Finextra Research. 22 March 2023. Retrieved 12 April 2024.
16. "CB insights".