Company Research Report: FedFis, LLC

Company Overview

• Name: FedFis, LLC

• Mission: The mission of FedFis is to provide banks, credit unions, and fintechs with transparent and data-grounded insights into the financial and technology landscape to help them make informed decisions and move market share.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Sean Mayo, occasionally referred to as "Uncle Sean," known for his updates and insights into the banking and fintech sectors.

• Matthew Smith, President of Bankers Helping Bankers, associated with FedFis activities.

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: FedFis is known for providing comprehensive fintech and banking data insights, specifically about U.S. financial institutions, vendor market shares, and technology adoption trends, which are not opinions but data-driven insights.

Products

• Platform Name: FedFis Platform

• High-Level Description: This is a collective intelligence platform utilizing comprehensive U.S. banking data to provide insights regarding financial institutions, fintechs, and their sponsor bank relationships. It focuses on delivering truthful and transparent data insights.

• Key Features:

• FinTegration Ecosystem©: Captures tech vendors across U.S. banks and credit unions for various technology ecosystems like core processing, digital banking, etc.

• Bank & Credit Union Financial Data: Over 5,000 financial items across 40 quarters of historical data, including branch, M&A, and holding company data.

• FinTech Analytics©: Captures fintech brand data, including key contacts, tech stacks, and sponsor bank relationships.

• Non-Crowd Sourced Data: Emphasizes data accuracy, with a 98% capture, 98% accuracy, and 98% renewals mantra.

Recent Developments

• Recent Partnerships and Investments:

• FedFis’ data insights are used by various financial institutions to select technology vendors, leading market strategies, and fintech growth. Their intelligence is critical to fintech partners like nCino for market analysis.

• FedFis data is incorporated by various community banks and credit unions nationwide through associations like Bankers Helping Bankers, promoting fintech and community bank collaboration.

• New Product Launches:

• No specific new product launches are mentioned; however, enhancements and consistently updated data sets provide cutting-edge insights for financial institutions.

• New Features or Updates:

• FedFis continuously updates its databases to provide the latest strategic insights for banks and fintechs, encompassing new banking trends and compliance needs such as financial technology integration.

• New Partnerships or Alliances:

• FedFis collaborates with fintech companies, community banks, and credit union associations to enhance data-driven decision-making capabilities across the U.S. banking sector. Recent partnerships with institutions like Givio for charitable banking and Hatch Bank for fintech insights indicate a broadened reach and integration into various financial platforms.

Note:

This report utilizes the information extracted from the data provided. Specific financial figures, such as revenue, headquarters location, and founding details, are unavailable. For further detailed financial performance data, direct contact with FedFis might be required.