# Frank Sanchez

> Frank Sanchez is the co-founder and former CEO of Finxact, identified in an April 2026 Fiserv release as Head of Finxact and Vice Chairman, Fiserv. A banking software architect associated with PROFILE, he previously held senior roles at FIS and co-founded Zenbanx. Based in Jacksonville, he also supports engineering education through a $5 million gift toward The Bolles School’s innovation center.

- **Role:** Head of Finxact and Vice Chairman, Fiserv (identified in April 15, 2026 release)
- **Organizations:** Finxact, Fiserv, FIS, Sanchez Computer Associates, Zenbanx, The Bolles School
- **Education:** University of Connecticut
- **Known for:** Principal architect of the PROFILE banking software suite., Co-founded Finxact and helped develop its cloud-native core architecture., Co-founded Zenbanx, which SoFi acquired in 2017.

## Career timeline

- **1980** — Joined Sanchez Computer Associates as executive vice president responsible for technology and product development, according to his historical Wall Street Transcript biography.
- **1994** — Became president and chief operating officer of Sanchez Computer Associates.
- **1999** — Became CEO of Sanchez Computer Associates.
- **2004** — Sanchez Computer Associates was acquired; Sanchez joined FIS, subsequently holding enterprise banking and R&D leadership roles.
- **2012** — Co-founded digital bank Zenbanx, following his FIS career.
- **2016-2017** — Began developing Finxact with brother Michael in late 2016; company founding milestone is January 2017.
- **2021** — Live Oak Bank converted its retail and commercial deposit accounts to Finxact.
- **2022** — Finxact became a Fiserv company on April 1; Sanchez was identified as Fiserv vice chairman.
- **2024** — The Bolles innovation center supported by his $5 million gift held its grand opening.
- **2026** — Fiserv identified Sanchez as Head of Finxact and Vice Chairman in its April FinTech Awards announcement.

## Achievements

- Principal architect of the PROFILE banking software suite.
- Co-founded Finxact and helped develop its cloud-native core architecture.
- Co-founded Zenbanx, which SoFi acquired in 2017.
- Co-authored the November 2023 Finxact at Scale in the Cloud performance paper.
- Gave $5 million toward The Bolles School’s Center for Innovation.

## Latest updates

- **2026-04** — Fiserv named him Head of Finxact and Vice Chairman while announcing Finxact’s Best SaaS for FinTech award and reporting more than 30 million live accounts.
- **2026-10** — The Bolles School’s public 2026-27 leadership roster lists Frank Sanchez as a trustee; roster checked October 27, 2026.

## Links

- LinkedIn: https://www.linkedin.com/in/frsanchez

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Profile page: https://yespress.io/frank-sanchez
Published by YesPress — https://yespress.io
Last updated: 2026-10-27