If your organization has ever demoed its expertise at FinovateEurope, then we’ve bought a chance for you!
Alumni Alley is our particular showcase completely for firms which have demoed on stage at FinovateEurope. Held in London at FinovateEurope, March 14-15, Alumni Alley highlights these FinovateEurope alums who’re persevering with to innovate in areas starting from funds and lending to regtech and digital banking.
Go to our FinovateEurope Alumni Alley Showcase hub to be taught extra about this particular convention characteristic for FinovateEurope alums.
Fintech may not be the very first thing that involves thoughts whenever you consider Venice, Italy. However the so-called “Metropolis of Bridges” was the unique dwelling for Finantix, a fintech that emerged on the scene as a developer of software program options to help client-facing staff in retail banking, wealth administration, and monetary advisory.
Demoing its Wealth Apps at FinovateEurope 2011, Finantix confirmed how its expertise helped monetary advisors transfer away from paper as their major “help device.” As an alternative Finantix’s expertise leveraged tablets, together with the iPad, to mix the simplicity of paper with the wealthy communication and graphic capabilities of recent handheld applied sciences. The corporate’s providing enhanced all areas of buyer engagement for monetary advisors, from prospect coordination and shopper onboarding to shopper and portfolio administration. FinovateEurope audiences had been impressed, awarding the software program firm with a Better of Present award.
Based in 1994 and bought by Motive Companions in 2018, Finantix at this time is the Personal Banking Division of InvestCloud (Motive Companions bought a majority stake in InvestCloud in 2021). InvestCloud affords a no-code software program platform for digital transformation and commerce enablement inside the monetary business.
In 2020, Finantix launched new CEO Christine Ciriani. “I’m delighted to take up this management place at Finantix,” Ciriani stated when the appointment was introduced. “With an award-winning product providing, our progressive client-first tradition and really sturdy R&D, gross sales, and supply groups, we’re properly positioned to capitalize on the investments made since Motive Companions acquired an curiosity within the firm.”
Netherlands-based BusinessForensics was based in 2008 and went reside in 2010, only one 12 months earlier than the corporate demoed its expertise on the inaugural FinovateEurope in London. A specialist in monetary crime combating, BusinessForensics affords companies an built-in enterprise suite to assist them handle threat, fraud, and compliance. Working with banks and insurance coverage firms, in addition to public organizations and authorities businesses, BusinessForensics helps firms spot fraudulent transactions with real-time monitoring of mission-critical operations. Totally built-in and customizable forensic case administration and reporting give companies the power to simply deal with each exceptions and incidents.
Greater than a decade later, BusinessForensics’ providing, Consumer Danger Intelligence, consists of 4 modules – AML and sanctions surveillance, Know Your Buyer/Buyer Due Diligence (KYC/CDD), Fraud and Danger Surveillance, and Particular Investigations – which mix to supply a 360 diploma shopper threat profile.
BusinessForensics was acquired by Munich, Germany-based regtech cleversoft group within the fall of 2020. “To have the ability to fulfill the growing regulatory calls for (our clients) are confronted with, we needed to provoke a cooperation with a bigger regulatory compliance software program supplier and in addition to ignite additional progress exterior of the Netherlands,” BusinessForensics CEO Tames Rietdijk stated. “With cleversoft we discovered a complimentary match that may assist us attain these targets by leveraging their organizational maturity, their buyer base, and supply our options within the DACH market.”
When StockTwits made its Finovate debut at FinovateEurope 2011, the “group powered concept and data service” for buyers and merchants had simply over 50,000 registered customers. Right this moment, the 14-year previous firm has greater than six million registered customers on what has turn out to be one of many largest social networks for buyers and merchants.
StockTwits was based by Howard Lindzon and Soren Macbeth as a strategy to leverage the quick rising social media app generally known as Twitter to arrange conversations between merchants and buyers about particular person shares. The corporate used “cashtags” with the ticker symbols of shares (as in “$AAPL”) as a means to assist index on-line evaluation, opinions, and commentary about particular person shares, making it simpler for buyers and merchants on apps like Twitter to supply the data.
Final 12 months, StockTwits secured $30 million in funding, giving the corporate a valuation of $210 million. This 12 months, StockTwits launched its crypto buying and selling platform and launched performance to allow particular person buyers and merchants to purchase and promote equities instantly from the StockTwits platform.
“With the addition of equities buying and selling to our present crypto buying and selling product, the StockTwits platform continues towards bringing a full suite of execution capabilities,” StockTwits CEO Rishi Khanna stated when the equities buying and selling performance was unveiled earlier this 12 months.
Picture by Recal Media