Finovate Alumni News


  • Token Forges Strategic Partnership with Envestnet | Yodlee.

Around the web

  • ACI Worldwide to provide “technology backbone” for real-time payments platform designed by Payments Network Malaysia.
  • NCR partners with Samsung to launch new all-in-one POS commerce station, NCR Silver Quantum.
  • Grab chooses TransferTo to deliver real-time digital payments to its drivers in Southeast Asia.
  • Meniga wins London Design Awards for brand design experience.
  • PayPal’s TIO Networks suspends operations to protect TIO’s customers.
  • Kinecta FCU to Offer Mortgage Harmony’s CU RateReset products.
  • App Informers lists Credit Karma and Credit Sesame in list of top 5 Identity Monitoring Apps for 2017.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Qumram Acquired By Digital Performance Management Firm, Dynatrace

Digital performance management company Dynatrace has acquired Qumram, a digital interaction audit solutions provider, for an undisclosed amount, reports Antony Peyton of Banking Technology (Finovate’s sister publication).

With the addition of Qumram’s technology and intellectual property, Dynatrace said it will provide the ability to visually replay a user session within its existing platform. Qumram’s product will be re-engineered and will form part of an expanded digital experience analytics offering that will be announced early next year.

Patrick Barnert, Qumram CEO, praised Dynatrace as a clear compliment to Qumram’s  technology. “Dynatrace is unique in its ability to not only monitor highly complex digital ecosystems but see every user transaction. In addition, their AI-powered analytics is amazing, The technology fit is identical to what we believe at Qumram, where every user’s experience is captured, analyzed, and able to be replayed on demand.”

Dynatrace CEO, John Van Siclen, said via the deal it will offer “advanced behavioral analytics that will combine session replay with our unique artificial intelligence (AI) analytics capabilities”.

Dynatrace also plans to double Qumram’s existing engineering team in Barcelona in the coming year.

In a recent and separate development, Dynatrace is working with Rabobank “to monitor the real-time experience of every customer and user for all services” at the bank.

The project, says Dynatrace, “supports Rabobank’s vision to centralise and optimise company-wide application performance monitoring to future-proof customer experience”.

Founded in 2011 and headquartered in Zurich, Switzerland, Qumram demonstrated its regtech platform at FinovateFall 2016. This fall, the company announced that it would provide fully-compliant, mobile-to-mobile WhatsApp and WeChat conversation recording. In April, Qumram earned recognition as Best RegTech Company in the 2017 FinTech Breakthrough Awards, and in March, the company won Growth Stage Startup of the Year at the Swiss FinTech Awards 2017.

Tweets from the East: A Look Back at FinovateAsia 2017

FinovateAsia 2017 was a great success. On this, our second visit to Hong Kong, we learned a great deal about the growth of fintech in Asia, the rapid developments in specific fields like artificial intelligence and the blockchain, and how an interest in new areas like real estate and insurance will reshape what we have traditionally thought of as “financial services”.

In addition to more than 30 live technology demonstrations (congratulations to our Best of Show winners!), our keynote speakers and panel discussion participants added valuable insights that helped us keep all of these innovations in context.

We’re looking forward to coming back next year. For now, stay tuned for our demo videos from the conference, which should be available in a few weeks in our video archives. In the meanwhile, here is a quick look at some of the highlights of this year’s event via Twitter (@Finovate) as captured by the tweets from our attendees.


Finovate Alumni News

Around the web

  • ACI Worldwide supports cross-border e-commerce in Brazil with integration of payment processor and gateway, PagBrasil.
  • Revolut is the latest fintech to apply for a European banking license.
  • Fenergo teams up with Opus to improve integration of risk-relevant information in the KYC process.
  • KAMCO Investment Company chooses Fusion Invest from Finastra to accelerate growth.
  • Bluefin Payment Systems unveils PCI P2PE sub-listing option for users of its Decryptions as a Service (DaaS) offering, Decryptx.
  • Ping Identity adds support for companies seeking PSD2, open banking compliance.
  • Trustly tops €10 billion in total payment processing volume since inception.
  • Q2 Holdings named to Deloitte Technology Fast 500 for second consecutive year.
  • Stratumn completes a blockchain experimentation connecting 14 insurance companies in France.
  • nCino debuts in top half of Deloitte’s 2017 Technology Fast 500.
  • Scalable Capital hits €500 million in assets.
  • disrupts class action payments.
  • Compass Plus assists Almazergienbank to support the issuing and acquiring of JCB cards.
  • NetGuardians and Swisscom launch fraud prevention service.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

Around the web

  • eToro taps George Verbitsky as managing director for Russia.
  • Stratumn tests use of blockchain technology in enhancing information flows for French insurers.
  • Xero and Worldpay partner to make invoicing easier for SMEs.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateAsia 2017 Best of Show Winners Announced

FinovateAsia 2017 is in the books. And after two days of live fintech demos from 32 innovative companies from around the world, our Finovate attendees have made their preferences known as to which companies should win Best of Show trophies.

One of the most interesting aspects of our Best of Show awards is how they provide an insight into which technologies are truly being put to work to solve real-world financial problems for financial institutions, merchants, and consumers alike.  Whether the challenge is making payments safer and easier, helping individuals and families meet their financial goals, or fighting fraud and cybercrime, the companies that earn Best of Show at Finovate conferences are the ones that have shown our attendees that they have the solutions that the rest of the competition is still searching for.

This is why it is no surprise that so many of the companies that have earned the title of Best of Show have made such a significant impact in fintech – either as an emerging industry leader in their chosen field or as the sought-after acquisition from a larger firm eager to leverage a specific set of skills to broaden their own ability to serve a wider range of customers.

So with no further ado, let’s take a look at the award winners for Best of Show at FinovateAsia 2017 (in alphabetic order):

AApay Technology for its unique payment app that enables consumers to automatically split bills and gives businesses access to multiple payment methods to better manage all of their electronic transactions.




Bambu for its machine learning model, People Like Me, that goes beyond traditional roboadvisory to help users better identify and reach their financial goals.


OCR Labs for its Orbit ID SDK that enables enterprises to stop fraud, reduce friction during the onboarding process, and help manage KYC/AML obligations.







YUKKA Lab for its technology that leverages neuro-linguistic programming and machine learning to provide real-time analytics into the financial markets.





We hope you enjoyed FinovateAsia 2017 and our new expanded format including panel discussions and keynote speeches from major fintech thought leaders. We had a great time bringing our fintech conference to Hong Kong for a second year in a row, and are looking forward to being back again next year. As always, a thousand thanks to all those who attended, sponsored, partnered with, and demoed their latest and greatest innovations live on stage. We’ll see you again in 2018!

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The four companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 and 2016 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017

Welcome to Day Two of FinovateAsia!

FinovateAsia yesterday was packed full of the newest fintech and we’re excited to continue the excitement today with another day showcasing the newest in fintech. We’ll be intermixing our demo-only format with keynotes, panel discussions, and an accelerator showcase.

We’ll have coat and bag check available at registration today and don’t forget to download our mobile app in the app store to find the full agenda and more. Here’s an overview of today’s agenda:

Registration begins at 08:00

08:00 – 09:00: Registration & Breakfast

08:45 – 09:10: Welcome Remarks

09:10 – 10:10: Accelerator showcase
A showcase of the leading accelerators and incubators in Asia. Each accelerators will have a one minute intro and each startup will have a three minute pitch.

  • Mark Wales – Co-Founder, Galileo Platforms / Cyberport
  • Bass Chiu – Marketing Manager, InstaReM / Cyberport
  • Vivek Mohindra – Co-Founder & Responsible Officer, Kristal.AI / Cyberport
  • Erich Hoefer – Co-founder & Head of Growth and Strategy, Starling Trust Sciences / Cyberport
  • Ovidiu (Ovi) Olea – Founder & CEO, Valoot Technologies Ltd. / Cyberport
  • Shan Luo – Program Instructor, FinTechBase Taiwan
  • Anson Suen – CEO & Co-Founder, FundPark / FinTechBase Taiwan
  • Chao-Yueh Liu – C-Founder & General Manager, Quanffett Financial Technology Company / FinTechBase
  • Taiwan
  • Joanna Yang – Founder & CEO, Robo Web Tech Co., Ltd. / FinTechBase Taiwan
  • Zac Yang – Co-Founder & UX Director, TOZZI / FinTechBase Taiwan
  • Veronika Kuznetsova – Managing Director, SuperCharger
  • Brian Elders – Director, KYC-Chain / SuperCharger
  • David Rosa – Co-founder & CEO, Neat Ltd. / SuperCharger
  • William Bao Bean – Managing Director and SOSV partner, Chinaccelerator
  • Adrian Pollard – Chief Creative Officer, bitHolla / Chinaccelerator
  • Sebastien Gaudin – Co-founder & CEO, The CareVoice / Chinaccelerator
  • Colin Bogar – CEO, Property Passbook / Chinaccelerator

10:10 – 10:40: Keynote: How and Why China has pulled ahead of the US in the AI battle Royale
Paul Schulte – Founder & Editor, Schulte Research

10:40 – 11:10: Refreshment and networking break

11:10 – 12:00: Demo session #3

12:00 – 13:00: Lunch and Networking

13:00 – 13:30: Panel: Are Consumers Ready to Embrace P2P Payments?

13:30 – 14:40: Demo session #4

14:40 – 15:10: Refreshment and networking break

15:10 – 15:30: Panel: The AI Advantage

15:30 – 16:00: Panel: New Opportunities in Asia with Blockchain and Cryptocurrency Technologies

16:00 – 17:30: Reception and networking

Welcome to Day One of FinovateAsia!

FinovateAsia is back in Hong Kong for two days of live demonstrations and deep-dive keynotes and panel discussions on the themes that are driving innovation in fintech today. Whether you are interested in mobile banking or P2P lending, wealth management or banking for the unbanked, artificial intelligence or the blockchain, FinovateAsia is a great opportunity to see how the region’s most innovative and insightful companies are leveraging technology to help businesses and consumers better manage their financial lives.

With 17 demos, four panel discussions, a pair of keynote addresses, and a 90-minute end-of-day networking session, our schedule for Day One of FinovateAsia promises to be a great start to our annual, late autumn event. Whether you are here with us in person in Hong Kong, or catching up with all the action via Twitter @Finovate, we think you’re going to like what you see and here from our FinovateAsia 2017 innovators.

Here is the agenda for today.

Registration begins at 08:00

08:00 – 09:00: Registration & Breakfast

09:00 – 09:20: Welcome Remarks

09:20 – 09:50: Keynote: P2P Lending in China

09:50 – 10:10: Panel Discussion: The Future of Peer Lending

10:10 – 10:40: Networking Break with Refreshments

10:40 – 12:00 Demo Session #1

12:00 – 13:00: Lunch and Networking

13:00 – 13:20: Keynote: A Glimpse into Hong Kong’s Fintech Scene

13:30 – 14:50: Demo Session #2

14:50 – 15:20: Networking with Refreshments

15:20 – 15:50: Panel Discussion: Mobile Banking is Booming

15:50 – 16:10: Panel Discussion: Revolutionizing the Insurance Industry

16:10 – 16:30: Panel Discussion: Transforming Investment and Wealth Management

16:30 – 18:00: Reception and Networking
Best of Show winners will be announced tomorrow

All demo videos will be available for free in a few weeks in our video archives.

Finovate Alumni News

Around the web

  • Leondrino Exchange launches its own digital currency, XLEO.
  • BBVA forges global strategic agreement with Telefónica.
  • Revolut announces plans to build its own in-house processor.
  • Cybersecurity specialist DefenseStorm hires Terrie O’Hanlon as Chief Marketing Officer.
  • Expensify and Wells Fargo ink data exchange agreement.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

See Tomorrow’s Fintech Today at FinovateAsia 2017

FinovateAsia 2017 is almost here! And we can’t wait to show you the new features we’ve added to this year’s event.

In addition to our signature, 7-minute live technology demonstrations on Tuesday and Wednesday, FinovateAsia will also include keynote addresses and panel discussions. Topics covered range broadly from P2P lending and payments, mobile banking, wealth management, and the rise of artificial intelligence. We will also take a look at some of the leading fintech accelerators and incubators in Asia in a special showcase on Wednesday.

So if that sounds like a great opportunity to learn more about fintech in the Far East, here are a few last minute details to ensure you are able to make the most of your time at FinovateAsia this year.

First, know that FinovateAsia 2017 is a two-day fintech conference featuring some of the most innovative companies and technologies developing and marketing solutions for the Asia-Pacific market. With more than 450 attendees and more than 30 presenting companies, each day will feature a combination of both live fintech demonstrations as well as keynotes and panel discussions. Our single track format means you will be able to see every minute of every presentation. Check out our agenda for more information on what’s coming.

Second, this year FinovateAsia will be held at the JW Marriott, Pacific Place, 88 Queensway, Hong Kong. Easily accessible via public transportation, including rail, the JW Marriott is a world-class venue located in the heart of Hong Kong.

The conference takes place on Tuesday, November 7 and continues through Wednesday, November 8. Registration begins at 8:00 on Tuesday, and the program begins at 9:00 with Welcome Remarks. There are two live demo sessions on Day One – the first beginning at 10:40 and the second at 13:30 – two keynote addresses and four panel discussions.

On Wednesday, Day Two, registration begins at 8:00, with Welcome Remarks at 8:45. The accelerator showcase starts the program at 9:10, followed by our first keynote of the day. The first live demo session on Wednesday begins at 11:10 and the second at 13:30. Day Two will feature a total of three panel discussions. See our agenda for more details.

Last but not least, be sure to join our FinovateAsia community on our event app. Search for “Finovate” at your preferred app store, download the app, and use the same email address you used to register for the conference to login. The FinovateAsia app provides access to the agenda, more information about our demoing companies, as well as our speakers, sponsors, and partners. You can also use the app to reach out to your fellow attendees, make connections, and schedule meetings. If you have any trouble with the app, please email us at or ask one of our Finovate staffers at the registration desk at the venue.

Remember FinovateAsia tickets are still available. If you’re interested in learning how innovative fintech companies are leveraging exciting technologies like artificial intelligence, the blockchain, machine learning and more, then FinovateAsia is the place to be this week. So be sure to pick up your ticket and save your spot. We’re looking forward to seeing you here in Hong Kong!

FinovateAsia 2017 is sponsored by: Invest Hong, and Barlings Capital.

FinovateAsia 2017 is partners with: 500 StartupsAgorizeAite GroupAsia Cloud Computing AssociationBankersHubBayPayBanking TechnologyBeFast.TVBigData-MadeSimple.comBlockExplorerBreaking BanksByte AcademyCB InsightsCelentConventus LawEbankingNewsFemTechFinancial ITFINOLABFintech Association of Hong KongFintech FinanceFintech News Hong KongFinTechTimeForresterHeadcountHolland FintechHong Kong Economic TimesThe Hong Kong Foreign Financial Institutions AssociationIBS IntelligenceInnovate FinanceInsight AlphaLexisNexis Risk SolutionsMercator Advisory GroupNexChangeThe Nilson ReportOvumThe PaypersPlug and PlayPR NewswireRegulation AsiaRFi GroupSingapore FinTech AssociationSME Finance ForumSwiss Finance + Technology AssociationWHub, and World Fintech Association.