Sunstate Bank Partners With InvestiFi to Enable Stock, ETF and Crypto Investing Directly From Checking Accounts

InvestiFi, an award-winning digital investing solutions provider for financial institutions, has partnered with Sunstate Bank to embed its secure, intuitive, and education-driven investing experience directly within the bank’s online banking platform. This collaboration will enable members to invest in a variety of assets seamlessly from their checking accounts.

Founded in 1999 and headquartered in Palmetto Bay, Florida, Sunstate Bank has fostered a strong presence across Miami-Dade County, with branches in Coral Gables and West Miami. Originally, Sofisa Bank of Florida, Sunstate has been serving families, individuals, and businesses across South Florida, as well as clients in Brazil. 

The bank is recognized for its personalized service model, strong relationship with local entrepreneurs and international entities operating in the US and multilingual support in English, Spanish, and Portuguese.

Fabricio Macastropa, CFO and CISO at Sunstate Bank, said: “Our mission at Sunstate Bank is to operate as a committed partner to the people and businesses who rely on us. We take banking personally and innovate to provide access to the tools our account holders need to move towards their financial goals.”

“By partnering with InvestiFi, we look forward to being able to enhance our online platform further by providing our account holders with digital investing tools that co-exist alongside Sunstate’s traditional banking services. We will continue to respond to the evolving expectations of our account holders by enhancing our existing trusted platform to deliver personalized and community-driven financial solutions and education.”

InvestiFi’s robo-advisory solution, Guided Investing, will deliver Sunstate’s account holders diversified portfolios tailored to individual financial goals and risk preferences. Account holders will also have access to self-directed stocks and ETFs, as well as cryptocurrency, enabling a more comprehensive financial experience within Sunstate Bank’s existing secure digital banking ecosystem. Every Sunstate account holder will also have access to a robust library of financial education. 

Kian Sarreshteh, CEO of InvestiFi, said: “We are proud to be partnering with Sunstate Bank, a renowned and respected community bank committed to providing personalized service and solutions to the communities it serves. By embedding investing directly into its digital platform, Sunstate Bank is empowering its account holders and simplifying the process for both new and experienced investors.” 

“Our role at InvestiFi is to equip financial institutions with the right infrastructure to offer digital investing within their own trusted platforms. In doing so, Sunstate is demonstrating a powerful model for local institutions to compete and lead in the digital age. By integrating digital investing directly into the member experience, they are now offering capabilities on par with the largest fintech platforms, all while preserving the decades-long relationships and trust they have established.”