FinovateEurope 2014 / Meniga
Presenter Profile:
How they describe themselves: Meniga offers white-label mobile and web-based Personal Finance Management (PFM) and next generation online banking solutions to retail banks. To achieve true mass appeal and reach even people who usually avoid facing their finances, Meniga uses social curiosity, humor, and gaming concepts to engage users to think about their money.
How they describe their product/innovation: The MarketWatch offers Financial Institutions a unique way to analyze financial data that lives within their systems. Complementary to Meniga‘s PFM Solution, the MarketWatch enriches the transactional data and is a real-time, transaction-based analytics platform for industry-specific market intelligence and reporting. The superior market intelligence provided by the MarketWatch can be offered by banks to retailers for competitive analysis or to improve tactical decision making thereby creating a new revenue stream.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev. & Press: Georg Ludviksson, CEO, georg@meniga.com, +46 767822146
Sales: Duena Blomstrom, VP Sales, duena@meniga.com, +46 708620578
Website: meniga.com
Blog: blog.meniga.com
Twitter: @meniga
HQ: Reykjavík, Iceland
Founded: March 2009
Product Demoed: Meniga MarketWatch
Product Launch: February 2014
Metrics: $8 million raised. 70 employees. Meniga is the European market leader of white-label Personal Finance Management (PFM) and next-generation online banking solutions. The Meniga PFM Solution has been implemented by more than 15 financial institutions in 11 countries, reaching well over 10 million online banking users. Meniga‘s PFM Solution has received multiple awards for innovation, including “Best of Show“ at FinovateEurope in 2011 and 2013, and boasts market leading adoption and retention metrics.
Presenters: Georg Ludviksson (CEO & Co-Founder), Einar Gustafsson (VP Product Management)
- Key Executives
Georg Ludviksson (CEO & Co-Founder), Asgeir Asgeirsson (CTO & Co-Founder), Duena Blomstrom (VP Sales), Einar Gustafsson (VP Product Management)
Key Stats
- Key Board Members
Chris Skinner, Bradley Leimer, Breki Karlsson, Rob Findlay, Daniel Gusev
- Key Advisory Board Members
Chris Skinner, Bradley Leimer, Breki Karlsson, Rob Findlay, Daniel Gusev
- Key Investors
Frumtak Venture Capital, Kjölfesta Growth fund
- Key Partnerships
Strong partner network across various markets globally Key Customers: New mBank (Poland), Comdirect (Germany), Skandiabanken (Norway & Sweden), Promsvyazbank (Russia), Momentum (South Africa), Säästöpankkilitto (Finland), Islandsbanki, Arion Bank and Landsbanki (Iceland)
- Key Customers
Strong partner network across various markets globally Key Customers: New mBank (Poland), Comdirect (Germany), Skandiabanken (Norway & Sweden), Promsvyazbank (Russia), Momentum (South Africa), Säästöpankkilitto (Finland), Islandsbanki, Arion Bank and Landsbanki (Iceland)