This morning, customer acquisition company Andera announced that it has acquired San Francisco-based oFlows to deliver a paperless experience to online bank customers signing up for new products or services:
“The combination of Andera and oFlows technology and services will provide the first truly integrated acquisition and origination platform for all products across all channels–branch, call center, online, and mobile. You couldn’t ask for a better match”
The deal, which closed October 5, will combine the two companies. Andera will retain its branding and take on the oFlows brand as a product or platform name.
Former oFlows CEO Scott Pitts will join Andera as chief product officer. Pitts says. “Together we deliver the whole enchilada.”
To learn more about Andera and oFlows, watch Andera’s demo from FinovateStartup 2008 and oFlow’s demo from FinovateSpring 2011.