11:FS Foundry forms global partnership with Google Cloud

London, UK. - 11:FS Foundry today announced a partnership with Google Cloud, creating an end-to-end solution for businesses building new financial services propositions. The partnership will give Google Cloud clients a clear solution for embedding finance into their product set, grow their market share and boost their revenue.

11:FS Foundry is one of the first true Financial Services Operating Systems (FS OS), it helps businesses build and launch new financial services propositions, not years. Using 11:FS Foundry, traditional banks, neobanks and non-banks can scale their fintech offerings at speed.

11:FS Foundry itself is hosted on Google Cloud’s platform, enabling significantly increased uptime, global reach and strong security and encryption.

Simon Taylor, CPO of 11:FS Foundry and 11:FS Co-founder said: “Adding fintech to your offering and embedding finance can boost a company's revenue by up to five times^[1]. Google Cloud is the ideal partner in our mission to help banks and non-banks alike build game changing financial products.”

“The financial services industry is undergoing immense transformation and we are excited to partner with 11:FS,” said Adrian Poole, Director, Financial Services at Google Cloud. “The focus to build intelligent customer solutions fit for the modern digital landscape, while using best-in-class infrastructure from Google Cloud will support banks on their digital transformation.” 

ENDS

About 11:FS Foundry

11:FS Foundry is a Financial Services Operation System which provides non-banks, neobanks and incumbents with the speed and flexibility to build, test and release financial products.

More details about 11:FS Foundry https://11fs.com/products/11fs-foundry

Media contacts:

11:FS

Cathal Morrow

+44 (0) 7785 598746
cathal@quingenti.com

Mariette Ferreira
+44 (0) 20 3743 1223
mariette.ferreira@11fs.com

^[1] https://a16z.com/2020/08/04/fintech-scales-vertical-saas/