New York, NY – April 12, 2005 —CashEdge Inc.(www.cashedge.com),the leading provider of online financial applications, today announced that it has relocated its California office to San Jose, at 2841 Junction Avenue.
The move to a larger West Coast facility is CashEdge’s second office expansion in six months, following on the heels of its recently relocated New York headquarters. The new California office will provide a higher quality work environment, support enhanced technological capabilities, and accommodate the expansion of the risk management, ACH operations, and project management teams.
“CashEdge continues to enjoy significant and steady growth among staff and clients, with our product suites being rapidly adopted by financial institutions nationwide,” said Sanjeev Dheer, CEO of CashEdge. “Currently, over 225 leading financial institutions are using our products for funds transfers, account opening, and aggregation. We are excited by our continuing success and the company’s role in driving innovation and excellence in our industry.”
The CashEdge California office was previously located in Milpitas at 692 Tasman Drive.
CashEdge® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.
CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.
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