Wells Fargo and Barclays back fintech company OpenFin

NEW YORK - Financial services software startup OpenFin has raised $17 million in a funding round led by Wells Fargo & Co with participation from Barclays, the company said on Thursday.

OpenFin, which is headquartered in New York and London, will use the cash injection to accelerate sales efforts and for product development, it said. It would otherwise take between 6 to 18 months for a financial institution to deploy or update an application, OpenFin said.

I, for one, would be skeptical of Wells Fargo backing SNL's Church Lady.

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