Vikar Technologies

Vikar Technologies, founded in 2017 by Glenn Bolstad and Adam Bieser, provides a financial technology platform aimed at community and regional banks, credit unions, and wealth management firms. The founders and executive team leveraged over a century of combined experience in financial services and technology to address a gap they observed where major software providers were not adequately serving small- to mid-sized financial institutions. The company is led by CEO Glenn Bolstad and COO Adam Bieser.

The firm operates on a business-to-business model, offering its "One Vikar" software suite to automate and streamline client and loan lifecycle management. This end-to-end digital platform integrates with a bank's existing core systems, creating a unified interface for various stakeholders including customers, lenders, branch staff, and compliance teams. The technology facilitates collaboration across diverse banking services such as loans, deposits, treasury, and wealth management. Revenue is generated by providing these configurable software solutions that help financial institutions reduce manual processes, accelerate client and loan onboarding, and improve operational efficiency and the customer experience.

Vikar's product suite is designed to be modular, allowing clients to deploy specific solutions to address immediate needs or implement a broader set of tools for a more comprehensive transformation. Key features include digital account opening, advanced loan origination, automated financial spreading, and tools for KYC/AML compliance, such as automated background checks and AI-powered monitoring. The platform is highly configurable, enabling financial institutions to tailor workflows to their specific procedures. This approach allows banks to enhance their services without a complete overhaul of their existing backend systems, offering digital transformation without major disruption. Since its inception, Vikar has secured over $4.13 million in funding, including a Series A round in January 2025, to fuel its growth and expand its product offerings.

Keywords: financial technology, banking software, loan origination system, account opening automation, client lifecycle management, credit unions, community banks, digital banking, wealth management tech, compliance automation, KYC, AML, workflow automation, core banking integration, customer onboarding, loan lifecycle management, fintech, B2B SaaS, process automation, financial services software