BURLINGTON, MASS. (STL.News) – ZSuite Technologies announced that it has successfully spun-out of Leader Bank, N.A. and simultaneously raised approximately $6 million of outside funding in order to begin selling its products to banks and credit unions nationwide. ZSuite Technologies’ mission is to provide financial institutions with innovative technology that solves real problems for specific client segments, of which the first is real estate and property management.
As part of the spin-out, ZSuite Technologies will bring with it the popular ZRent and ZDeposit products created by Leader Bank’s product development division.