N5 Now is a software company that specializes in the

finance industry Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...

. Founded in August 2017, N5 Now develops systems that integrate with existing legacy infrastructure that allow financial institutions to transition to digital platforms.

History

N5 Now was founded in 2017 by former Santander executive , who serves as the company's

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

. The company was originally focused on

financial technology Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...

companies and soon started serving traditional

banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks ...

and

insurers Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...

. In 2021, N5 Now was recognized as Startup of the Year in

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

. In July 2022, the company received another award from Microsoft, "Best Platform 2022" for the platform's design for Openfinance ( Openbanking and Openinsurance). In September 2023, N5 secured investment from several

venture capital firms Below is a list of notable venture capital firms: Assets under management Shown below are the largest venture capital firms ranked by Assets Under Management. Capital raised Data is for capital raised between January 1, 2019 and December 31, 20 ...

, including Illuminate Financial, Exor Ventures, Madrone Capital Partners, LTS Investments, and Arpex Capital. Julian Colombo image

In 2024, the company launched artificial intelligence tools designed specifically for the financial sector that can be integrated into any core system, CRM or BPM.

Activities

N5 Now platform integrates the back-end channels, processes, and systems, such as CRMs, BPMs, incentives, and

Omnichannel Omnichannel is a neologism describing a business strategy. According to ''Frost & Sullivan'', omnichannel is defined as "seamless and effortless, high-quality customer experiences that occur within and between contact channels". History "Omnis" i ...

. The company is active in 15 countries in Latin America, Europe, and the US. Customers include Mastercard, Santander,

Credicorp Credicorp is a financial services holding company in Peru with a presence in Colombia, Bolivia, Chile, Panama and the United States. It currently has a universal banking, insurance and pension platform, with a microfinance, investment banking an ...

Zurich Insurance Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. the group is the world's 98th largest public company according to ''Forbes'' Global 2000s list, and in 2011, it ranked 94th i ...

, Atlas Bank, and

N26 N26 Bank SE, doing business as N26, and formerly named Papayer GmbH, and Number26 GmbH'','' is a multinational German fintech and neobank company based in Berlin that offers a variety of financial services to individuals and businesses. N26 was ...

. N5 is headquartered in Buenos Aires, Argentina.{{Cite web , last=Atucha , first=Cristobal de , date=2023-09-13 , title=N5 raises $9.5m in new funding (via Passle) , url=https://news.fintech.io/post/102inpy/n5-raises-9-5m-in-new-funding , access-date=2024-12-06 , website=Passle , language=en Julián Colombo serves as the CEO of the company.

References

External links

Official website
Multinational companies Companies based in Buenos Aires Software companies of Argentina