Fintech Company Broadridge to Launch R&D Center in Israel
In March, Broadridge acquired Tel Aviv-based enterprise communication startup ActivePath
NYSE-listed fintech company Broadridge Financial Solutions Inc. announced on Wednesday the launch of a new research and development center in Tel Aviv, focused on digital innovation. The center will draw on Broadridge’s March acquisition of Tel Aviv-based enterprise communication startup ActivePath. Avi Weiss, co-founder and CEO of ActivePath, will lead R&D activities in the country.
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ActivePath’s browser-based platform enables banks, brokers, healthcare providers, and other billers to quickly turn HTML applications typically found on websites and apps into an interactive, personalized email. Broadridge said in a statement that through the new center it will focus on integrating ActivePath's platform and services into its own. The company also said it intends to grow its local team and concentrate on developing strategic partnerships with other Israel-based companies.