Battle Financial partners with Savana for US challenger bank launch

The new challenger bank is expected to launch in early 2023

Battle Financial has chosen Savana as the digital delivery platform provider for its planned US challenger bank.

Savana, a financial software provider for banks and fintechs based in Pennsylvania, will orchestrate the new challenger bank’s technology ecosystem and automate processes between the core products and customer channels.

Battle Bank will also be the first to use Savana’s newly launched online and mobile digital banking experience for consumer banking, business banking and account opening.

The new challenger bank is expected to launch in early 2023. It will be branchless and offer traditional deposit accounts as well as foreign currency and precious metals accounts.

Frank Trotter, president of Battle Financial, said: “We’re building Battle Bank for the non-conforming. A national community bank of sorts, that empowers people to make better, more informed banking decisions.”

“An important piece of delivering on this promise is ensuring on day one that customers have a streamlined and intuitive user experience each time they interact with the bank from account opening to daily maintenance—we’ve partnered with Savana to deliver exactly that.”

Mike Wolfel, chief executive officer of Savana, added: “We are proud to be selected by Battle Financial, Inc. as the digital delivery platform for Battle Bank. The bank can now shape and own its processes and digital experience together through a single platform, a key differentiator illustrating Battle Bank’s commitment to revolutionizing the banking experience.”

Image sources: Battle Financial and Savana

Mark Dugdale