Mobile fintech provider Digiliti Money Inc. has joined the Russell Microcap Index. Covering 98 percent of the investable market, FTSE Russell is used by global institutional and retail investors. Approximately $12.5 trillion is currently benchmarked to FTSE Russell indices.
Earlier this year, Digiliti Money rebranded, changing its name from Cachet Financial Solutions to reflect the company’s “digital agility” in providing financial institutions with innovative solutions for moving money, according to the company. Since its founding in 2010, Digiliti Money has sold more than 900 products to more than 600 financial services organizations. The company went public in March with an IPO on NASDAQ.