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Kony and Diebold Nixdorf Enter into Strategic Partnership

Kony and Diebold Nixdorf Enter into Strategic Partnership

Mobile app developer, Kony, has partnered with Diebold Nixdorf to provide a white-label, mobile application suite. Under the agreement, Diebold Nixdorf has branded Kony’s mobile application suite DN Mobile. The solution will offer a unified, cross-platform experience that is personalized to each user. The partnership, which aims to “address key mobility trends around consumer loyalty and digital experiences,” will:

  • Move to the next generation of mobile applications quickly by offering banks turn-key mobile app options
  • Engage the API economy by offering an open services-oriented application platform
  • Avoid silos by enabling connected commerce across self-service, POS, branch and digital channels

In the press release Alan Kerr, senior vice president, software, Diebold Nixdorf said that the partnership offers Diebold Nixdorf an “extended reach into mobile applications.” Kerr added that the move will “blend channels together in innovative, new ways and propel [its] vision of connected commerce into the marketplace.”

Diebold Nixdorf will acquire a minority equity stake in Kony and will obtain a seat on the company’s board. The financial terms of the deal were not disclosed.

Founded in 2007, Kony enables banks to design, develop, and visualize device-agnostic applications deployed across multiple channels. At FinovateFall 2011, the company debuted a commercial banking app. Last month, Kony launched AppVantage to help organizations quickly develop customizable mobile apps from pre-packaged components.

Diebold Nixdorf appeared on the Finovate stage alongside Zenmonics at FinovateFall 2014 to showcase an in-lobby terminal. In late 2016, the company launched a contactless, self-checkout concept and earlier this year merged with German ATM maker Wincor Nixdorf.