Holmdel, NJ – According to filings with the U.S. Securities and Exchange Commission, Banyan is raising $43,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jehan Luth played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Banyan
Banyan makes it easy for consumers to connect their receipts to the apps and services they choose. Powered by the Banyan API, merchants can seamlessly and securely monetize these connections, while unlocking powerful insights and new marketing opportunities. Banyan provides our merchant partners complete transparency and control, while our privacy-by-design architecture requires consumer consent before any receipts are shared. Financial Institutions, Fintechs, and consumer apps for the first time gain access to item-level transaction data, enabling them to create incredible experiences and products for their customers.

To learn more about Banyan, visit http://www.getbanyan.com/

Contact:
Jehan Luth, Chief Executive Officer
732-858-5330

SOURCE: http://www.intelligence360.io
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