Fintech Automation Acquires Nearshore Developer Talent Provider DevBase.

MANews-(C)2009-2021

US-based open loop FinServ Infrastructure-as-a-Service platform FinTech Automation has acquired US-based nearshore staff augmentation company DevBase, the firm said.

DevBase provides hiring, training, and management of hundreds of software engineers from over 13 countries to US-based technology companies.

The FTA Platform operates across several financial verticals bearing innate tech complexity and reducing the cost and difficulty of building and deploying financial applications.

The platform allows financial institutions and fintech companies to embed additional services to their existing service offerings, providing a better customer experience and an opportunity to drive more profitability.

FTA said its customers are addressing the new way Millennial and Generation Z consumers interact with financial technology.

These groups now make up about 42% of the US population, and they value digital presence and...

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