Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian.

Fiserv, a major player in the fintech industry and a reseller of Savana, participated in the round.

A bank’s technological ecosystem is supposed to be “orchestrated” by Savana’s API-first, cloud-native digital delivery platform in order to break down silos and automate service for bank teams and requests made by customers.

The company claims that its technology can enable digital distribution by integrating easily with both new Gen3 platforms and conventional core banking systems.

“This funding round will help support the growth of our digital delivery platform to enable any bank, whether new or going through the transformation of existing technology infrastructure, to speed time to market of new products and services, support continuous digital innovation, and drive significant operational efficiency.”

                                                                                              Michael Sanchez, CEO, Savana.