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by ZSuite Tech on Jan 16, 2025 11:20:30 AM
Austin, TX – January 16th, 2024 – ZSuite Technologies, Inc. (ZSuite Tech), a trusted provider of Digital Escrow and Subaccounting solutions for commercial banking, is proud to share key milestones from an impactful year of growth and strategic achievements in 2024.
In the past year, ZSuite Tech expanded its footprint by partnering with 25 additional financial institutions, cementing its role as a valuable technology partner in the banking sector. The company also launched its flagship product, ZEscrow, at 23 institutions, efficiently completing implementations with an average timeline of 120 days.
The platform's adoption continued to surge, driving a significant increase in total assets under management compared to the previous year. This growth underscores the confidence financial institutions have in ZSuite Tech's ability to deliver secure, scalable solutions tailored to their needs.
Adding to these achievements, ZSuite Tech was honored to be included on the 2024 Inc. 5000 list of America's Fastest Growing Private Companies, ranking at #456. This recognition highlights the company’s consistent drive to push boundaries and set new standards in the financial technology space.
Customer satisfaction remained a cornerstone of ZSuite Tech's success, with the company achieving an impressive Net Promoter Score (NPS) of 88, a reflection of the trust and loyalty fostered through exceptional service and product performance.
"This year has been transformative for ZSuite Tech," said Nathan Baumeister, CEO and Co-founder of ZSuite Technologies. "Our focus on developing agile, impactful solutions has allowed us to deliver real value to our commercial banking partners. The trust they've placed in us drives our daily commitment to continued innovation and excellence."
Looking ahead, ZSuite Tech remains dedicated to empowering financial institutions with intuitive, forward-thinking technology solutions that efficiently streamline complex banking operations and foster long-term growth.
About ZSuite Tech
ZSuite Tech is a financial technology company that aims to power financial institutions with digital escrow products for specific commercial verticals that they can offer to their clients. ZSuite's products, ZRent and ZEscrow, streamline collection of recurring payments and automate the management and compliance around three-party accounts and multi-use escrow subaccounting.
For more information, visit zsuitetech.com
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