At A Glance
Tagline:
Context-as-a-Service
Website:
Head Office:
Toronto
Geographical Presence:
US, Canada, EU, LATAM, MENA
Target Customer:
Financial Services – Tier 1, Tier 2 & Credit Unions
Supply Chain Processes:
We enable the aggregation of data from disparate sources, including legacy, reducing IT complexities. We also enable the creation and delivery of hyper-personalised, contextual customer experiences.
Company Description
Flybits empowers financial institutions to connect with their customers more meaningfully through hyper-personalized experiences, powered by contextual data. With patent-protected AI and machine learning capabilities, Flybits’ end-to-end platform assembles data and allows teams to orchestrate experiences without data science or technical know-how. From driving product awareness to offering virtual concierge-style services, enterprises across the globe are using Flybits contextual recommendation engine to add significant value to the lives of their customers.
What We Do & How We Do It
Our mission at Flybits is to help banks exceed customer expectations for personalized experiences that address their day-to-day needs and life goals. Our contextual recommendation engine leverages proprietary, public and contextual data to deliver hyper-personalized products, services and content when customers need it most. Flybits facilitates the assembly of this data and provides the tools for financial institutions to orchestrate and deliver predictive, relevant experiences across the digital channels with ease. IT complexities are minimized allowing FIs to go to market quickly and easily scale their efforts, while achieving strong ROI and increasing key customer metrics.
Flybits stands apart by using context-aware computing to help banks deliver hyper-personalized experiences to their customers through an end-to-end platform that is scalable and customizable. Flybits excels at speed, scale and impact – helping customers get to market quickly, evolve their efforts with ease, and make significant improvements to the customer experience and the bottom line.
As an end-to-end platform, Flybits facilitates a) the aggregation of data into comprehensive data ecosystems that include contextual intelligence; b) the creation of highly personalized experiences tailored to a segment of one; and c) the delivery of those experiences to consumers across digital channels during everyday touchpoints.
Latest News
In July, we announced a Series C raise of $35 million led by Point72 Ventures with participation from Mastercard, CitiVentures, and Reinventure (backed by Australia’s Westpac Banking Corporation), along with existing partners Portag3 Ventures, TD Bank and Information Venture Partners. This brings our total raise to $50M USD.
We recently received recognition winning the LinkedIn Top Startups award, the CIX Top Growth award and were included as a Top 50 Fintech Companies by Digital Finance Institute.