ATTUNE: Engagement Banking Platform Raises $2.225 Million

By Dan Anderson • Jan 29, 2024

ATTUNE (formerly known as Lendsmart) has announced the successful closure of its seed funding round, raising $2.225 million. This milestone marks the company’s evolution from a primarily lending-oriented organization to an all-encompassing Engagement Banking Platform, enabling financial institutions to digitize their service lines and intelligently engage with customers at key moments.

Tribeca Early Stage Partners led the seed funding round, with significant contributions from CastleCreek Launchpad, ICBA, and Mike Roffler. And the new funding round will accelerate ATTUNE’s growth, enabling the company to expand its team across sales, marketing, and technology.

This platform attracts banks and credit unions through intuitive, user-friendly digital tools, enhancing operational efficiencies and increasing conversions with new revenue channels.

ATTUNE’s rebranding from Lendsmart reflects the expanded product portfolio, including launching several new solutions to meet evolving market demands and offering enhanced client support. ATTUNE’s suite of products includes:

— Digital Lending – Streamlining the lending process with real-time underwriting.

— Digital Onboarding – Transforming customer onboarding for accounts and credit cards.

— Upsell & Cross Sell – Personalized product and service recommendations.

— Digital Insurance – Offering automated underwriting and personalized product recommendations.

— Digital Connect – Enabling marketing teams to engage and convert customers in real-time.

— Digital Support – Empowering customer service teams to increase sales opportunities and deliver exceptional experiences.

KEY QUOTES:

“ATTUNE is poised to redefine Engagement Banking by streamlining digital interactions and personalizing customer experiences for banks and credit unions of all sizes. Our platform is not just a tool; it acts as a bridge for banks and credit unions to better connect with their customers, driving growth and efficiency in today’s competitive market. We are thrilled to partner with investors who understand our vision and will support us as we enter this next phase of growth.”

– Founder & CEO of ATTUNE AK Patel

“We believe there’s a substantial market opportunity for ATTUNE as financial institutions look to modernize their core systems and engage with their customers more effectively. ATTUNE’s platform enables banks to quickly and inexpensively deploy account onboarding, lending, mortgage and any other financial products workflows that are fast, simple and personalized, reducing obstacles and enhancing customer enrollment.”

– David Levy, member of the Investment Committee of Tribeca Early Stage Partners

“AK and the ATTUNE team have achieved impressive traction. With expansion into onboarding, their robust customer engagement platform is enabling broad digital transformation at banks. ATTUNE simplifies often overwhelming choices, with a versatile digital platform that can readily integrate new modules as fintech advances.”

– Launchpad Capital Partner Jurgen van de Vyver