# Vikar Technologies

> Vikar Technologies is a New Jersey fintech selling configurable workflow software to community and regional banks, credit unions and wealth managers. Its One Vikar platform connects digital account opening, KYC and KYB, commercial lending, treasury enrollment, wealth onboarding and ongoing reviews in one interface, aiming to replace the forms, inboxes and disconnected point systems that slow a financial relationship after the application begins.

- **Founded:** 2017
- **Headquarters:** Iselin, New Jersey, United States
- **Founders:** Glenn Bolstad (Co-founder and Chief Executive Officer), Adam Bieser (Co-founder and Chief Operating Officer), Amruta Dongre (Co-founder and Chief Technology Officer), Nancy Schneier (Co-founder and Chief Revenue Officer)
- **Team size:** Approximately 27-35 people; the supplied company record lists 27 employees, while a 2025 Datos Insights profile listed 35.
- **Products:** One Vikar, Consumer and Commercial Account Opening, Commercial Lending, SMB Loan Origination, Specialty Lending
- **Notable:** Completed a Series A round led by Btech Consortium Fund and Verde Technology Ventures in January 2025., Reported 60% client-base growth and 60% software-revenue growth during 2024., Reported 30% client-base growth and 80% team growth during 2025.

## Products & services

- **One Vikar** — A modular, hosted platform that unifies customer onboarding, KYC/KYB, account opening, lending and ongoing lifecycle workflows.
- **Consumer and Commercial Account Opening** — Omnichannel self-service, branch and banker-directed account opening for individuals and organizations, including complex and international businesses.
- **Commercial Lending** — Loan origination through underwriting, closing, onboarding, renewals, modifications, covenant tracking, reviews and portfolio management.
- **SMB Loan Origination** — A dedicated origination workflow for small and midsize business loans, introduced as a new offering in 2024.
- **Specialty Lending** — Configurable application and processing workflows for specialized lending programs.
- **Treasury** — Treasury-service selection, onboarding, activation and periodic reviews spanning products such as ACH, wires, positive pay and lockbox.
- **Wealth Management Onboarding** — Coordinated onboarding for brokerage, advisory and trust accounts across advisors, operations, compliance and risk.
- **AI Hub** — AI-assisted insights and document workflows intended to reduce manual review and improve consistency across onboarding and lending.

## Achievements

- Completed a Series A round led by Btech Consortium Fund and Verde Technology Ventures in January 2025.
- Reported 60% client-base growth and 60% software-revenue growth during 2024.
- Reported 30% client-base growth and 80% team growth during 2025.
- Doubled headcount and expanded sales coverage beyond the East Coast during 2024.
- One Vikar and Peapack-Gladstone Bank received an Editor's Choice recognition at the 2023 Banking Tech Awards USA.
- Featured in Datos Insights fintech spotlights for retail banking and commercial banking in 2025.
- Joined the Newark Venture Partners Labs accelerator in 2020.

## Latest updates

- **2026-07** — Announced a Plaid partnership for embedded funding-account authentication and identity verification.
- **2026-07** — BCB Bank selected Vikar for consumer and business account opening online and in branch.
- **2026-05** — Announced Machias Savings Bank as an account-opening customer.
- **2026-04** — Joined Q2 Innovation Studio to connect account opening with digital-banking activation.
- **2026-02** — Announced a partnership with Onsetto focused on business-banking activation and primacy.
- **2025-09** — First Commerce Bank selected Vikar for digital account opening and KYC workflows.
- **2025-05** — Salem Five Bank selected Vikar for specialty-lending applications.
- **2025-01** — Closed an undisclosed Series A led by Btech Consortium Fund and Verde Technology Ventures.

## Links

- Website: https://www.vikartech.com/
- LinkedIn: https://www.linkedin.com/company/vikartech
- Twitter/X: https://twitter.com/vikartech

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Profile page: https://yespress.io/vikar
Published by YesPress — https://yespress.io
Last updated: 2026-08-21