Developer docs
API playgroundTry for free, no card

Search company profiles

Dragonfly Financial Technologies

Full company profile

uuid000dctw

Namestring
Dragonfly Financial Technologies
Legal namestring
Dragonfly Financial Technologies
Websiteurl
dragonflyft.com
Company typeenum
Private
Founded yearint
2022
Descriptiontext

Dragonfly Financial Technologies operated as a digital business banking platform provider focused on open-banking infrastructure for financial institutions, retailers, and billers. Its core product, originally named Dragonfly Universal Online Banker and now rebranded as FIS Digital One Commercial, is a 100% open API-driven digital banking platform with market-leading payments functionality and a comprehensive API library. The platform delivers digital-first business banking services at scale, with security features, branding, and customization configured by customer type, and supports both an out-of-the-box desktop/mobile interface and full white-label UX development via APIs, UX components, and microservices. Embedded banking integrations allow banks and fintechs to surface banking services directly within business workflows.

The company was acquired by FIS (Fidelity National Information Services) in November 2024 from private equity firm One Equity Partners, and now operates as a product line within FIS's Digital One ecosystem. Dragonfly serves over 1.4 million businesses and four of the top 10 US banks, with international presence in Singapore, Hong Kong, and New Zealand. The customer base spans US banks expanding into commercial banking, corporate treasury operations requiring open-banking payment and real-time settlement capabilities, and businesses needing digital-first banking and embedded finance. Revenue mechanics consist of enterprise/B2B licensing to financial institutions (subscription/recurring) plus transaction and payment processing fees on open-banking transactions. Go-to-market runs through direct enterprise sales to banks, embedded distribution via API partners and fintech platforms, and FIS-aligned regional banking channels in APAC.

Short descriptiontext

Dragonfly Financial Technologies provides an open API-driven digital business banking platform (now FIS Digital One Commercial) serving over 1.4 million businesses, four of the top 10 US banks, and corporate treasury clients across the US, Singapore, Hong Kong, and New Zealand.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersNaples, United States
HQ citystring
Naples
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital banking platform, open banking APIs, corporate treasury operations, embedded banking infrastructure, commercial banking software
Industry3 codes
1Open Banking, Account Aggregation & Payment Initiation APIs
CodeBPAMAFAJPrimaryYes
2Digital Retail Banking (Online & Mobile)
CodeFSABAAAFPrimaryNo
3Account Aggregation & Connectivity (Multi-bank linking)
CodeFSAGACAAPrimaryNo
NAICS code1 code
  • Savings Institutions and Other Depository Credit Intermediation522180
SIC code1 code
  • Functions Related To Depository Banking, Nec6099
Product category
Digital Banking Software
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Enterprise/B2B Licensing
TypeSubscription Recurring
Description

Dragonfly operates as part of FIS's commercial banking platform, serving banks and corporate customers through enterprise licensing arrangements for digital business banking services

digfingroup.com
2Transaction and Payment Processing
TypeTransaction Fee
Description

Open-banking payment transactions for corporate treasury operations

digfingroup.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 record
1Digital One Commercial
Description

A digital banking platform with open APIs designed for business customer bases, delivering digital-first business banking services at scale with market-leading payments functionality and a vast API library. Formerly known as Dragonfly Universal Online Banker.

fisglobal.com
Core offering1 text field

Dragonfly Financial Technologies provides a 100% open API-driven digital banking platform that delivers digital-first business banking services and payments functionality for financial institutions, retailers and billers. Its flagship Digital One Commercial platform (formerly Dragonfly Universal Online Banker) enables corporate commercial banking, embedded banking integrations, real-time payments, and configurable user experiences for over 1.4 million businesses, including four of the top 10 US banks.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Serves over 1.4 million businesses
+2 more records
Product overview1 text field

Dragonfly Financial Technologies operated as a standalone digital business banking platform provider before its acquisition by FIS in November 2024. The company offered the Dragonfly Universal Online Banker platform, a digital-first business banking solution with open APIs. Following the acquisition, the product has been rebranded as FIS Digital One Commercial and now operates within the FIS Digital One ecosystem, delivering a comprehensive suite of feature-rich, highly configurable digital banking solutions for corporate commercial banking.

Product and service1 record
1Digital One Commercial (formerly Dragonfly Universal Online Banker)
CategoryCore Product
Description

A digital banking platform with open APIs designed for corporate commercial banking, delivering digital-first business banking services at scale with market-leading payments functionality and a vast API library. Provides out-of-the-box desktop and mobile app interfaces and allows customers to develop their own user interfaces via APIs, UX components and microservices.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1FIS (Fidelity National Information Services)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-11-01
Description

FIS completed acquisition of Dragonfly Financial Technologies in November 2024 from One Equity Partners, integrating Dragonfly's open-banking capabilities into FIS's corporate treasury operations and expanding FIS beyond retail banking into commercial banking and corporate services. Dragonfly is now rebranded as FIS Digital One Commercial.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Dragonfly Financial Technologies

Digital Banking Softwaredragonflyft.com

Dragonfly Financial Technologies provides an open API-driven digital business banking platform (now FIS Digital One Commercial) serving over 1.4 million businesses, four of the top 10 US banks, and corporate treasury clients across the US, Singapore, Hong Kong, and New Zealand.

What Dragonfly Financial Technologies does

Dragonfly Financial Technologies operated as a digital business banking platform provider focused on open-banking infrastructure for financial institutions, retailers, and billers. Its core product, originally named Dragonfly Universal Online Banker and now rebranded as FIS Digital One Commercial, is a 100% open API-driven digital banking platform with market-leading payments functionality and a comprehensive API library. The platform delivers digital-first business banking services at scale, with security features, branding, and customization configured by customer type, and supports both an out-of-the-box desktop/mobile interface and full white-label UX development via APIs, UX components, and microservices. Embedded banking integrations allow banks and fintechs to surface banking services directly within business workflows.

The company was acquired by FIS (Fidelity National Information Services) in November 2024 from private equity firm One Equity Partners, and now operates as a product line within FIS's Digital One ecosystem. Dragonfly serves over 1.4 million businesses and four of the top 10 US banks, with international presence in Singapore, Hong Kong, and New Zealand. The customer base spans US banks expanding into commercial banking, corporate treasury operations requiring open-banking payment and real-time settlement capabilities, and businesses needing digital-first banking and embedded finance. Revenue mechanics consist of enterprise/B2B licensing to financial institutions (subscription/recurring) plus transaction and payment processing fees on open-banking transactions. Go-to-market runs through direct enterprise sales to banks, embedded distribution via API partners and fintech platforms, and FIS-aligned regional banking channels in APAC.

Dragonfly Financial Technologies firmographics

Firmographics
Name
Dragonfly Financial Technologies
Legal name
Dragonfly Financial Technologies
Website
https://dragonflyft.com
Company type
Private
Founded year
2022
Operating status
Acquired
Headcount range
5,001–10,000 employees
Short description
Dragonfly Financial Technologies provides an open API-driven digital business banking platform (now FIS Digital One Commercial) serving over 1.4 million businesses, four of the top 10 US banks, and corporate treasury clients across the US, Singapore, Hong Kong, and New Zealand.
Ownership category
akta.pro rank

Dragonfly Financial Technologies industry classification

Industry
Product category
Digital Banking Software
NAICS
Savings Institutions and Other Depository Credit Intermediation (522180)
SIC
Functions Related To Depository Banking, Nec (6099)
akta.pro primary industry
Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)
akta.pro secondary industries
Digital Retail Banking (Online & Mobile) (FSABAAAF), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)

Keywords

  • Digital banking platform
  • Open banking APIs
  • Corporate treasury operations
  • Embedded banking infrastructure
  • Commercial banking software

Where Dragonfly Financial Technologies is headquartered

Location

Headquarters

HQ city
Naples
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Dragonfly Financial Technologies business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Enterprise/B2B Licensing: Dragonfly operates as part of FIS's commercial banking platform, serving banks and corporate customers through enterprise licensing arrangements for digital business banking services
  2. Transaction and Payment Processing: Open-banking payment transactions for corporate treasury operations

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Dragonfly Financial Technologies product offering

Product offering

Core offering

Dragonfly Financial Technologies provides a 100% open API-driven digital banking platform that delivers digital-first business banking services and payments functionality for financial institutions, retailers and billers. Its flagship Digital One Commercial platform (formerly Dragonfly Universal Online Banker) enables corporate commercial banking, embedded banking integrations, real-time payments, and configurable user experiences for over 1.4 million businesses, including four of the top 10 US banks.

Product overview

Dragonfly Financial Technologies operated as a standalone digital business banking platform provider before its acquisition by FIS in November 2024. The company offered the Dragonfly Universal Online Banker platform, a digital-first business banking solution with open APIs. Following the acquisition, the product has been rebranded as FIS Digital One Commercial and now operates within the FIS Digital One ecosystem, delivering a comprehensive suite of feature-rich, highly configurable digital banking solutions for corporate commercial banking.

Differentiator

Problem solved

Functional benefit

Brands

  • Digital One Commercial: A digital banking platform with open APIs designed for business customer bases, delivering digital-first business banking services at scale with market-leading payments functionality and a vast API library. Formerly known as Dragonfly Universal Online Banker.

Products and services

  • Digital One Commercial (formerly Dragonfly Universal Online Banker) A digital banking platform with open APIs designed for corporate commercial banking, delivering digital-first business banking services at scale with market-leading payments functionality and a vast API library. Provides out-of-the-box desktop and mobile app interfaces and allows customers to develop their own user interfaces via APIs, UX components and microservices.

Quantifiable outcome

  • Serves over 1.4 million businesses
  • +2 more outcomes

Companies that use Dragonfly Financial Technologies

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Dragonfly Financial Technologies technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Dragonfly Financial Technologies partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • FIS (Fidelity National Information Services)coreStrategic or Co-development Partner · 1 November 2024FIS completed acquisition of Dragonfly Financial Technologies in November 2024 from One Equity Partners, integrating Dragonfly's open-banking capabilities into FIS's corporate treasury operations and expanding FIS beyond retail banking into commercial banking and corporate services. Dragonfly is now rebranded as FIS Digital One Commercial.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Dragonfly Financial Technologies competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Dragonfly Financial Technologies social profiles

Digital presence

Dragonfly Financial Technologies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Dragonfly Financial Technologies leadership team

Management profile

Number of profiles

Profiles12 records

Dragonfly Financial Technologies funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Dragonfly Financial Technologies M&A and investment

M&A and investment

M&A15 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dragonfly Financial Technologies

What does Dragonfly Financial Technologies do?

Dragonfly Financial Technologies provides a 100% open API-driven digital banking platform that delivers digital-first business banking services and payments functionality for financial institutions, retailers and billers. Its flagship Digital One Commercial platform (formerly Dragonfly Universal Online Banker) enables corporate commercial banking, embedded banking integrations, real-time payments, and configurable user experiences for over 1.4 million businesses, including four of the top 10 US banks.

Is Dragonfly Financial Technologies a public or private company?

Dragonfly Financial Technologies is a private company. It is classified as corporate owned and is currently acquired.

When was Dragonfly Financial Technologies founded?

Dragonfly Financial Technologies was founded in 2022. It employs 5,001 to 10,000 people.

Where is Dragonfly Financial Technologies based?

Dragonfly Financial Technologies is headquartered in Naples, United States, in the North America region.

How does Dragonfly Financial Technologies make money?

Two revenue lines are on record. Enterprise/B2B Licensing is the primary driver. The others are transaction and Payment Processing.

Does Dragonfly Financial Technologies have an API?

Yes. FIS Digital One Commercial (formerly Dragonfly Universal Online Banker) provides 100% open API-driven services enabling marketplace, partner, and customer integrations. Developers can build their own user interface and maintain control over customer experience via APIs, UX components and microservices.

What industry is Dragonfly Financial Technologies in?

Dragonfly Financial Technologies's product category is Digital Banking Software. Its primary akta.pro industry code is BPAMAFAJ, Open Banking, Account Aggregation & Payment Initiation APIs, with a secondary code of FSABAAAF, Digital Retail Banking (Online & Mobile). Its NAICS code is 522180 and its SIC code is 6099.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
GlobalfintechseriesDragonfly Adds New FedISO Capabilities to Composable Digital Business Banking Platform for Compliance with the New Federal Mandate, ISO 20022Dragonfly Financial Technologies is updating its Universal Online Banker platform with FedISO capabilities to ensure compliance with the Federal Reserve's March 10, 2025 mandate for ISO 20022 messaging standards. The company collaborated with its Product Advisory Committee, composed of banking leaders, to design a solution that supports both old and new formats during the transition period.FinTech FuturesCSI Closes Fiscal Year With Record Growth in Core Wins and New Technology IntegrationsCSI reported a record fiscal year ending February 2024, securing 44 core banking deals in the U.S. and achieving a 30% increase in sales compared to the previous year. The company expanded its capabilities through the acquisition of Hawthorn River, launched instant payments via FedNow, and formed strategic partnerships with Dragonfly Financial Technologies and Hawk AI.Globalfintechseries"Dragonfly Financial Technologies Corp. Released ""State of Banking"Dragonfly Financial Technologies Corp. released findings from its "State of Banking" survey, which polled over 100 bank executives on their technology challenges, spending plans, and preferences for 2024. The survey found that 85% of bank executives hold a positive outlook for the banking industry in 2024, with 51% expecting to increase or maintain technology spending. However, 53% of respondents expressed concern about their dependency on legacy technology and rising tech debt, while 65% cited deposit protection and growth as their top priority.PR NewswireDragonfly Financial Technologies Wins at Banking Tech Awards USADragonfly Financial Technologies Corp. won the Best Digital Banking System – Business Banking category at the Banking Tech Awards USA on June 5, 2023. The award recognizes its Universal Online Banker platform for its flexibility and open-API library in the FinTech marketplace. The awards program is organized by market intelligence platform FinTech Futures.GlobalfintechseriesDragonfly Financial Technologies Launches New Composable Digital Business Banking Solutions to Modernize the CXDragonfly Financial Technologies announced new deployment options for its Universal Online Banker platform, including Dragonfly Digital, Dragonfly as a Service, and Dragonfly FinTech Integration Center. The composable platform lets banks embed their brand into FinTech apps and access APIs, event streams, and microservices. The company expanded its product and service teams to support these offerings.PR NewswireDragonfly Financial Technologies Named a Stevie Award Winner in 2023 American Business Awards®Dragonfly Financial Technologies Corp. announced it won two Stevie Awards at the 21st Annual American Business Awards for Achievement in Management – Financial Services and Startup of the Year – Business Services Industries. The Atlanta-based digital banking and treasury management FinTech, launched in September 2022, highlighted its achievements including 100% customer retention rate, a portfolio of over 700 open APIs, and partnerships with top-10 banks in the US and Asia serving more than 1.4 million corporate clients. The company stated plans to expand its global footprint and FinTech market presence.PR NewswireDragonfly Financial Technologies Launches FinTech Integration CenterDragonfly Financial Technologies Corp. announced the launch of its FinTech Integration Center, a solution that provides banks with secure, real-time connections to leading business accounting and ERP platforms including QuickBooks, Oracle NetSuite, Xero, and Quicken. The product embeds banks' solutions directly within existing accounting systems, enabling small business customers to perform daily banking activities without leaving their accounting software. According to research from Aite-Novarica, banks have identified building API capabilities to serve small business clients as top priorities for 2023.PR NewswireMeet Dragonfly Financial Technologies at Key Fall FinTech EventsDragonfly Financial Technologies Corp., a digital banking and treasury management FinTech company, announced its participation in four fall FinTech events including Aite-Novarica's Innovation in Cash Management & Payments Forum, Concepts 2022, AFP 2022, and Money20/20 USA. The company, launched last month as an independent entity, has more than 40 banking and financial services customers worldwide, including five of the top 10 U.S. banks. Dragonfly executives will speak at the first two events discussing digital business banking trends and will exhibit at the remaining two conferences to showcase their payments and cash management solutions.FfnewsDragonfly Financial Technologies Launches Digital Business Banking SolutionsDragonfly Financial Technologies launched as an independent company following One Equity Partners' acquisition of ACI Worldwide’s Corporate Online Banking unit. The fintech firm, which serves over 40 banking customers including five of the top 10 U.S. banks, will now focus on expanding its cloud-based digital business banking platform and open API infrastructure globally.