Sandbox Banking

Sandbox Banking, established in 2020 by Ravi Dabbiru and David Wier, operates as a fintech company providing a universal adapter for banking systems. The firm's core offering is its Glyue™ integration platform, designed to connect financial institutions with both modern and legacy software systems. This technology addresses the significant challenge of system interoperability within the banking sector, enabling banks and credit unions to streamline their operations and accelerate the adoption of new technologies without undertaking costly and time-consuming custom integration projects.

The business model centers on a Platform as a Service (PaaS) offering. Financial institutions subscribe to the Glyue™ platform, which provides a library of pre-built connectors to a wide range of third-party fintech applications and internal banking systems. This approach allows clients to connect disparate software, such as customer relationship management (CRM) systems and loan origination platforms, in a fraction of the time it would traditionally take. Revenue is generated through these recurring subscription fees, which vary based on the scale of the client's usage and the number of integrations deployed.

Sandbox Banking primarily serves community banks and credit unions across the United States. These institutions often face limitations with their existing core banking systems and lack the extensive IT resources of larger banks. The Glyue™ platform offers them a practical way to modernize their digital services, improve customer experience, and enhance operational efficiency. By functioning as a middleware layer, the platform insulates the bank's core systems from the complexities of third-party integrations, thereby reducing risk and future-proofing their technology stack. The platform has facilitated integrations for institutions like United Bank and has partnerships with major fintech providers such as nCino, Salesforce, and Baker Hill.

The company's founding stemmed from the founders' direct experience with the frustrations of bank-fintech integrations. Ravi Dabbiru, the CEO, possesses a background in enterprise software and financial services, having held roles at companies like FIS and CSL. This experience provided him with a deep understanding of the technical hurdles financial institutions face. Co-founder and CTO David Wier brings extensive experience in software architecture and development, complementing the team's ability to build a robust and scalable integration platform. This combined expertise underpins the company's value proposition of simplifying a historically complex and expensive process for financial institutions.

Keywords: fintech integration, banking API, PaaS, core banking, credit unions, community banks, middleware, financial software, system interoperability, digital transformation