ClickSWITCH, a turn-key solution that simplifies and automates the switch of direct deposits and recurring payments for financial institutions’ new and existing account holders, announced today that it has raised $13 million in Series B financing. The funding was led by Commerce Ventures and Point72 Ventures.
ClickSWITCH, providing Financial Institution Customer Account Management Services, today announced that it has successfully completed a Statement on Standards for Attestation Engagements (“SSAE”) No. 16 Type 2 audit for the period February 1, 2015 through July 31, 2015. An SSAE 16 audit is performed by an independent auditing firm that examines the controls and processes involved in storing, handling, and transmitting data securely. More information about ClickSWITCH™ can be found at www.clickswitch.com.