Genesis Centre graduate Verafin had a very successful year in 2014. The company secured a $60 million growth investment by Spectrum Equity which will support Verafin's rapid growth. The company provided the following snapshot of their year.
- User interface upgraded for increased speed and enhanced usability
- Improvement in analytics reduced false alerts by 50%
- Implemented new data interfaces bringing total to over 125
- Launched a new user community with 6000 users to enhance customer experience
- Surpassed 60 million transactions processed daily
- Added over 200 new customers
- Maintained a leading retention rate of 98%
Congratulations Team Verafin!