Company

About Strands

Strands is the FinTech partner for banks. Our mission is to develop and deliver best-in-class digital money management software by leveraging more than 10 years of expertise in Big Data, machine learning and user experience. 

Our insight-driven solutions enable banks to anticipate customer needs and proactively suggest next-best-actions to increase long-term value for customers. 

Since 2004, Strands has powered FinTech innovation in over 180 banks and currently serves more than 100 million banking customers worldwide.

Company Facts

Founded

2004

Funding Raised

$55M institutional investment

Core business

Big Data, machine learning and digital banking software solutions

Office Locations

Barcelona, Buenos Aires, Miami, Singapore and San Francisco

Clients

180+ financial institutions in 36 countries

Users

100 million banking customers

Transactions

94 million categorized daily

Flagship Products

PFM and BFM

Core Values

People

Everything we do starts with PEOPLE! We are people-focused both externally, by being focused on our clients’ needs, and internally, by creating a collaborative work environment.

Simplicity

We don’t like to complicate things. Our clients and their customers value simplicity which is reflected in how we work and what we produce: simple, intuitive software solutions.

Design

We value beautiful, simple and functional design. Intuitive, user-centric design is crucial in everything that we do.

Innovation

We deliver innovative solutions. Our talented and experienced team uses agile processes to foster continuous innovation that not only satisfies but delights our clients.

Key Milestones

2015

patent

Strands goes global with new offices in LatAm and Singapore

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2014

Deutsche Bank

Deutsche Bank goes live with Strands-powered FinanzPlaner. The project was the fastest PFM implementation in Europe, with only 4 months between kick-off to going live

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2012

Barclays

Barclays becomes the largest PFM deployment in Europe with more than 9 million customers

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2011

Apple patent

Apple acquires Strands patent portfolio in Music Recommendation algorithms

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2010

Webby Awards

MoneyStrands (B2C product of Strands) is a winner at the 14th Annual Webby Awards

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2008

BBVA

BBVA partners with Strands to deliver the first PFM in Europe

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Finance business unit is created to deliver innovation to financial institutions

Retail business unit is created to deliver personalization and recommendation solutions to e-tailers

Series B investment of $49M

2006

Series A investment of $6M

2004

MusicStrands

MusicStrands.com is launched, revolutionizing the music industry by offering music recommendations based on playing behavior

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offices

Strands is founded in Corvallis (Oregon, US) and Barcelona (Spain) to commercialize personalization and recommendation technologies