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Appway raises $37m, its first-ever funding, for financial customer management tools

Switzerland based service management tools company raised $37m in growth funding from Summit Partners.

“Unlike general purpose low-code development platforms, Appway seeks to address core pain points in the financial services industry by automating the flow of work to revolutionize the customer experience and drive digital transformation across organizations,” said Dr. Matthias Allgaier, a Managing Director at Summit Partners who will also join the Appway Board of Directors, in a statement. “We believe the company has delivered impressive, consistent capital efficient growth, and we are thrilled to partner with Hans Peter Wolf, his co-founder Oliver Brupbacher and the entire Appway team.”

Tags

europe, financial automation, equity