Zenmonics Accepts Investment from Fidelity National Information Services, Inc.
Zenmonics, a privately-held IDC Fintech 100 company and global provider of innovative software that supports all channels of a
financial institution on a single platform, today announced that it has accepted a minority investment from Fidelity National
Information Services, Inc. (NYSE: FIS).
The agreement represents the natural evolution of a long and successful partnership between the two companies. The investment
enables Zenmonics to continue its aggressive growth and extend capabilities of its channelUNITED® platform, already
recognized as the most innovative solution in the market.
“This investment marks an important and exciting milestone for our firm,” said Riaz Syed, founder and chief executive officer of
Zenmonics. “It enables us to grow innovation and delivery capacity for our current clients, while also extending our reach in the
market. To do that in partnership with FIS, the leading fintech firm in the world, is a unique opportunity that best positions us
to meet the needs of our clients and the market. “
Zenmonics maintains its direct market presence and management control of the firm, including the go-to-market strategy of its
channelUNITED® platform. Marlin & Associates acted as Zenmonics’ strategic and financial advisor on this
transaction. No other terms of the agreement were disclosed.
About Zenmonics
Charlotte, N.C.-based Zenmonics is a global provider of innovative software that supports all channels of a financial
institution on a single platform. Zenmonics’ channelUNITED® platform is the leading, open standard tool that can be
deployed with any core system and spans all self-service and assisted channels to enable complete digital transformation. Zenmonics
is committed to transforming the financial industry to ensure financial institutions stay continuously engaged with their
customers. To learn more, visit
www.zenmonics.com.
About FIS
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global
capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla.,
FIS employs more than 52,000 people worldwide and holds leadership positions in payment processing, financial software and banking
solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500
company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit
www.fisglobal.com.
for Zenmonics
Catherine Mootz, 678-781-7227
cmootz@williammills.com
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