- Tyfone is acquiring ATTUNE to add consumer and business account opening, deposit funding, loan origination, and servicing capabilities to its digital banking platform.
- The deal gives Tyfone a role earlier in the customer lifecycle, allowing it to support financial institutions from acquisition and onboarding through lending, payments, servicing, and ongoing digital banking.
- The acquisition advances Tyfone’s evolution into a broader end-to-end banking technology provider, building on its history in mobile banking, payments, and multichannel digital banking.
Digital banking solutions company Tyfone is doubling down on its account opening and loan origination operations with the acquisition of New York-based ATTUNE.
Tyfone anticipates the acquisition will expand its platform with consumer and business account opening, deposit funding, loan origination, and servicing capabilities. Overall, the acquisition will allow the Oregon-based company to extend its digital experience from the first interaction through the entire, lifelong engagement. Additionally, Tyfone will use ATTUNE to help it build account opening and loan origination into its new lending platform.
“Community financial institutions have always differentiated themselves through trusted relationships, but today those relationships increasingly begin through digital channels,” said Tyfone CEO Siva Narendra. “This acquisition completes the digital financial relationship by bringing account opening, lending, payments, servicing, and AI-powered engagement together within a single platform. More importantly, it gives financial institutions the flexibility to compete digitally while preserving the personal relationships that have always been their greatest advantage.”
ATTUNE was founded in 2019 to offer end-to-end digital solutions for lending and home buying. The company’s Digital Origination Platform helps organize, manage, and process customers and financial products to help banks meet and stay ahead of their customers’ financial needs, and then intelligently provide logical product and service solutions. ATTUNE’s account opening and loan origination solutions are core and digital banking agnostic, which allows financial institutions to deploy them alongside their existing systems or integrate them with Tyfone’s nFinia Digital Banking Solution.
“When we founded ATTUNE, our belief was simple,” said ATTUNE Founder and CEO AK Patel. “Community financial institutions shouldn’t have to stitch together multiple vendors to deliver a modern digital experience. The future of banking belongs to institutions that can acquire, onboard, lend to, and serve customers through one connected platform. Joining Tyfone accelerates that vision by bringing together digital account opening, lending, payments, servicing, digital banking, and AI into a single open ecosystem.”
Integrating ATTUNE’s expertise and technology into its own platform will bring Tyfone’s bank clients a unified experience that simplifies operations by eliminating fragmented point solutions in order to help banks build stronger customer relationships. With ATTUNE’s technology, banks will be able to originate consumer and business loans, accept payments through Quick Pay, offer payment flexibility with Skip-a-Pay, and manage collections with Collect.
The acquisition comes as community banks and credit unions increasingly look to consolidate their technology stacks, replacing fragmented point solutions with platforms that can support more of the customer lifecycle. Adding ATTUNE will evolve Tyfone beyond its roots in digital banking by giving it a role at the very beginning of the customer relationship. Instead of first engaging with a customer after an account has already been opened or a loan originated, Tyfone can now support the relationship from acquisition and onboarding through lending, payments, servicing, and ongoing digital banking.
“Together, we’re helping community financial institutions compete on experience instead of size, deepen customer relationships, and innovate faster while preserving the personal service that has always been their greatest competitive advantage,” added Patel.
Tyfone is one of the earlier Finovate alums, having demoed at the first Finovate event to take place in San Francisco at FinovateSpring 2008. At the show, Tyfone Co-Founder Siva Narendra demoed a memory card for a mobile phone that facilitated contactless payments. The company, which used to focus on mobile-only solutions, began developing for multiple channels in 2014. A decade later, in 2024, Tyfone launched its Payfinia brand to provide instant payment solutions to both financial institutions and third-party organizations.
Interestingly, Tyfone has evolved from mobile payments to multichannel banking to instant payments to lending and digital banking. This week’s acquisition of ATTUNE marks another step in this progression, making Tyfone more of an end-to-end banking technology platform and less of a digital banking interface provider.
Photo by Christina Morillo
