Acceleron Bank in formation

Acceleron Bank is a technology company specializing in software solutions for community banks and credit unions. The company's primary focus is on automating international wire processes and enabling these institutions to generate non-interest income. Acceleron Bank's technology is utilized by over 200 financial institutions. Acceleron Bank's correspondent banking marketplace is designed to streamline international transactions. This marketplace helps financial institutions capture foreign exchange fees and improve operational efficiency. The company leverages advanced API technology to achieve these goals. Acceleron Bank offers software solutions that automate international wire processes. These solutions are designed to help community banks and credit unions. The company's technology is pre-integrated with Fiserv Payments Exchange and other leading payments platforms. This integration facilitates seamless end-to-end data transfer. Acceleron Bank's solutions provide several key advantages. They can reduce foreign exchange fees by up to 50%. Automated validations are implemented to reduce errors and minimize delays. The company's target industries include Finance, Technology, and Manufacturing. Acceleron Bank's leadership team includes Damon Magnuski as CEO, Sarah Beth Felix as Co-Founder and Chief AML Officer, and Andrew Dillard as Co-Founder and Chief Business Officer. Kevin Minard serves as Chief Technology Officer, Elizabeth Downey as Chief Operating Officer, and Matthew Henkler as Chief Information Security Officer. Daisy Lin is the Head of Marketing. Michael P. Rose, Founder & CEO of Metropolitan Capital, is also associated with the company. Acceleron Bank operates with a client-first approach, emphasizing innovation, responsiveness, and quality of service. The company's technology stack includes SVG, CloudFlare, API, and Fiserv Payments Exchange.