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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
This year at FinovateEurope 2025, our 32 demoing companies represent a baker’s dozen of countries from around the world. Of the 32 companies, nine are headquartered in the UK, and seven of them are making their Finovate debuts this year.
Last year, FinovateEurope featured companies from 15 different countries. This year, we’re thrilled to see a similarly diverse group. Here’s where the rest of our FinovateEurope 2025 demoing companies are based.
FinovateEurope is right around the corner: 25-26 February at the Intercontinental O2 in London. Friday, 14 February is the last day to take advantage of big, early-bird savings on the price of your ticket. If you haven’t registered yet, visit our FinovateEurope hub today and save your seat!
Here is our look at fintech innovation around the world.
Middle East and Northern Africa
Tabby, a financial services and shopping app in MENA, announced a $160 million Series E funding round that brought the company’s valuation to $3.3 billion.
Qatar-based Islamic financial institution Al Rayan Bank partnered with financial software application provider Finastra to launch its new Islamic core banking solution.
Israel fintech BitStock raised $400,000 in seed funding.
Central and Southern Asia
The Banker featured Golomt Bank and the rise of open banking in Mongolia.
Indian digital payments firm ToneTag secured $78 million in new funding.
Rippleteamed up with Portuguese currency exchange provider Unicâmbio to support cross-border payments between Portugal and Brazil.
Brazilian payments and banking technology provider Dock introduced new Chief Technology Officer Thiago Teixeira.
Latin American global collections firm Takenos launched its Spicy Card, enabled by Pomelo, in Argentina.
Asia-Pacific
Malaysian Earned Wage Access (EWA) specialist Payd raised $400,000 in an extension of its seed funding round.
New Zealand’s Inland Revenue service issued a Request for Information (RFI) as part of an effort to influence the growth of open banking in the country.
Bangladesh-based commercial bank Trust Bank teamed up with TerraPay to help students pay tuition fees.
South African fintech Stitch acquired ExiPay, a company that enables brick-and-mortar stores to securely accept in-person payments via point-of-sale (POS) terminals.
Advanced Television looked at the evolution of South African fintech marketing.
Central and Eastern Europe
Berlin-based invoicing and payables automation management platform Monite unveiled iFrame solution to help SMB platforms deliver financial products and services.
ION Commodities and tax compliance automation company Avalara have forged a strategic partnership.
The partnership will integrate ION Commodities’ commodity management platform with Avalara’s AvaTax for Energy tax engine solution.
Headquartered in Durham, North Carolina, Avalara made its Finovate debut in 2015 at FinDEVr Silicon Valley.
Energy and commodity management solutions provider ION Commodities and tax compliance automation innovator Avalaraannounced a strategic partnership this week. ION Commodities has joined Avalara’s Partner Program to standardize integration of its technology with Avalara’s AvaTax for Energy tax engine solution.
“Tax compliance is one of the most onerous factors impacting energy and commodities enterprises, and their ability to scale and operate efficiently,” Avalara Vice President and General Manager Steve Lacoff said. “Our partnership with ION gives mutual customers in these sectors a greatly simplified path to compliance automation, with reduced compliance risk, and greater operational efficiency.”
Avalara’s AvaTax for Energy tax engine solution helps firms manage the complexities of tax compliance in energy trading and logistics. The energy markets typically feature complex and dynamic tax rates and rules across multiple jurisdictions. Keeping pace with regulatory requirements — including monthly filing requirements — is operationally costly. What’s worse is that attempts to shortcut these costs “can lead to tax errors and risk significant fines and penalties,” Avalara noted in a recent whitepaper, Fuel Tax Compliance Best Practices.
AvaTax for Energy calculates energy excise taxes for firms ranging from the smallest fuel distributors, energy traders, and mobile refuelers to the largest oil, gas, and chemical companies. The integration between Avalara’s compliance automation and ION Commodities’ commodity management platform will give energy companies an automated, scalable tax compliance solution that improves accuracy, reduces reliance on manual processes, and enables real-time tax calculation.
“Collaborating with Avalara aligns with our mission to deliver comprehensive, integrated solutions for the energy and commodities industry,” ION Corporates CEO Sunil Biswas said. “This partnership enhances our offering with advanced tax compliance capabilities, empowering our community to navigate the complexities of tax regulations with confidence.”
With more than 1,200 clients, ION Commodities provides data-driven energy and commodities trading and risk management solutions across the supply chain. The company’s Energy Trade and Risk Management (ETRM) and Commodity Trading and Risk Management (CTRM) solutions give customers real-time risk analytics and reporting and automate critical business processes to enable faster, more informed decisions. Headquartered in New York, ION Commodities is a division of London-based financial data and software company ION Group.
Avalara introduced itself to Finovate audiences in 2015 as part of Finovate’s developers conference, FinDEVr Silicon Valley. Headquartered in Durham, North Carolina, and founded in 2004, Avalara offers automated tax compliance solutions that boost efficiency and accuracy, streamlining the experience for customers and simplifying tax management for businesses. According to a study by Forrester Consulting, Avalara customers have benefitted from a 90% increase in tax research efficiency, a 50% reduction in time spent on exemption certificate management, an 85% increase in audit preparation efficiency, and an 85% reduction in time spent managing tax returns. Scott McFarlane is co-founder and CEO.
If you are a subscriber to Finovate Weekly, our LinkedIn-based newsletter of top stories from the Finovate blog, then you’ve already heard the news. But if not, then we’re thrilled to share it with you right here today: FinovateEurope2025 will feature a full, 32-company roster at our upcoming fintech conference in London, on 25-26 February.
“Our FinovateEurope conference will feature a diverse lineup of startup companies,” Finovate VP and Demo Director Heather Stowell said. “A key commonality among them is AI. But expect to see a number of different AI and automation use cases nested within core banking, wealth management, payments, fraud, and compliance.”
Finovate’s signature, live fintech demonstrations continue to be a much-imitated hallmark of Finovate conferences. With only seven minutes at their disposal and a hard and fast “no videos, no slides” rule, Finovate’s live demos are a unique opportunity for innovative fintechs and financial services companies to show — not tell — our audience of professionals exactly how their innovations help banks and other businesses solve critical problems, grow revenues, and access new markets and customers.
“This is an exciting year for demos at Finovate,” Stowell added. “Over 80% of the FinovateEurope demoing companies are less than five years old and are demoing at Finovate for the first time. We’re looking forward to seeing their latest innovations live on stage.”
To learn more about the companies that will be demoing at FinovateEurope this month, Finovate’s Sneak Peek series is a great place to start. Find out about the challenges being solved, key features, what businesses stand to benefit from their innovations, and more.
This Friday is your last chance to take advantage of early-bird savings of up to£200.00 when you register to attend FinovateEurope. Don’t delay! Visit our FinovateEurope hub today and save your spot!
Financial compliance software company Fenergo has teamed up with PwC.
The partnership is designed to bring AI-powered CLM and KYC solutions to more financial institutions around the world.
Fenergo made its Finovate debut at FinovateEurope 2012. PwC won Best of Show in its Finovate debut at FinovateFall 2021.
Fenergo and PwC have announced a new partnership that will help put Fenergo’s AI-powered Client Lifecycle Management (CLM) and Know Your Customer (KYC) solutions in the hands of more financial institutions. The combination of PwC’s financial crime expertise with Fenergo’s AI-powered CLM technology into a single offering will make it easier for financial institutions to digitally transform their financial crime operations.
Fenergo’s Global VP for Partnerships and Alliances Matt Edwards said that the collaboration between the two firms will “deliver an optimum target operating model for CLM.” Edwards added that the solution “empowers financial institutions to efficiently mitigate financial crime risk while driving growth and efficiency gains.”
Fenergo’s CLM helps ensure that financial services firms realize tangible benefits and return on investment from the digital transformation of their client management and compliance processes. The platform provides faster client onboarding, including streamlined onboarding for low-to-medium risk clients; improved operational efficiencies with fewer touchpoints; policy-driven accurate risk assessments aligned with regulatory requirements; and a reduced total cost of ownership thanks to advanced API integrations.
Complementing Fenergo’s CLM technology are PwC’s Target Operating Model design, end-to-end customer experience journey mapping, operational readiness, data migration, systems integration, and business change management.
PwC Partner Mark Hunter highlighted Fenergo’s technology as “uniquely positioned to serve mid-market to large multinational organizations.” Hunter praised the company’s platform for its “scale, flexibility, and advanced capabilities” that help institutions better manage complex regulatory environments and large volumes of transactions.
A UK-based multinational assurance, advisory, and tax services provider, PwC counts more than 85% of the Global Fortune 500 companies as its clients. PwC maintains offices in 152 countries and reported gross revenues of more than $55 billion for the year ending 30 June 2024. The company participated in Finovate’s developer conference, FinDEVr SiliconValley 2016, and won Best of Show at FinovateFall 2021 for a demonstration of Customer Link, its customer data platform that helps institutions build better, more personalized experiences.
Dublin, Ireland-based Fenergo made its Finovate debut at FinovateEurope 2012. The company offers simplified client and product onboarding, automated AML and KYC due diligence, and a centralized CLM platform that helps financial institutions, asset management, and fintechs manage customers throughout the entire client lifecycle.
Fenergo’s partnership news with PwC comes a few days after the company announced the launch of its all-in-one KYC, onboarding, and trade request management platform for businesses in the energy and commodities sector. The new Trader Request Portal combines KYC, onboarding, and trade request management capabilities.
The Trump administration has ordered the Consumer Financial Protection Bureau (CFPB) to suspend nearly all activities.
The demand came in the form of an email from newly appointed Director of the Office of Management and Budget (OMB) Russell Vought.
The CFPB was launched in 2011 as part of a sweeping set of reforms enacted in the wake of the Great Financial Crisis of 2007-2008.
The Trump administration has ordered the Consumer Financial Protection Bureau (CFPB) to immediately suspend nearly all activities, according to a report from the Associated Press. The demand comes one week after President Trump removed the director of the CFPB, Rohit Chopra. The bureau, founded in the summer of 2011 via Title X of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act, has been a target of conservatives for years. Even Elon Musk, the richest man in the world and head of the Trump administration’s Department of Government Efficiency, has weighed in on the CFPB, claiming that the goal of the administration is to fully “delete” the bureau.
This is not the first time the CFPB has been told to stand down since President Trump was inaugurated. Within days of being named acting director of the bureau, Scott Bessent ordered employees to stop all bureau activities, settlement enforcement actions, and involvement in legal cases.
The latest directive to the CFPB came from newly appointed director of the Office of Management and Budget Russell Vought late last week. The order demands that the CFPB cease work on proposed regulations and suspend the effective dates of rules that have been finalized but are not yet fully in force. Vought also ordered the bureau to stop any investigative activity — including new probes — and to end its supervision and examination efforts. The new director has even pursued the bureau’s funding, stating that the CFPB cannot withdraw its next round of funding from the Federal Reserve, which Vought referred to as “excessive.”
Further, the CFPB’s headquarters in Washington will be closed from February 10 through February 14, with workers and contractors expected to “work remotely unless instructed otherwise,” Vought indicated in an email to employees over the weekend.
So, what can the CFPB do, if anything? At this point, the bureau can still hear consumer complaints, even if it is no longer empowered to examine issues or launch investigations. Additionally, Vought’s order has been interpreted as forbidding the CFPB from engaging with companies it regulates, as well as with consumer advocates and similar outside organizations.
The CFPB has sued Capital One as recently as last month, claiming that the company had misled customers about its high-interest savings accounts, resulting in more than $2 billion in lost interest payments. Massachusetts Democratic Senator Elizabeth Warren — who first conceived of the idea of the Consumer Financial Protection Bureau — decried the decision to suspend the CFPB’s activities, saying that Vought was “giving big banks and giant corporations the green light to scam families.” Of late Warren has suggested that there might be common ground between the CFPB’s mission and the concern that many conservatives and Republicans have about the phenomenon of “de-banking” — even if they disagree on which entities are being unfairly “de-banked.”
If Vought’s name sounds familiar, then it may have to do with his connection to Project 2025, a policy blueprint that was touted by many conservatives and Trump supporters during the presidential election in 2024, but was never fully embraced by Trump as part of the campaign. Many observers see the current moves in Washington to reduce headcount, control spending, and realign various agencies as part of the mission of Project 2025.
Interestingly, there remains some uncertainty about who will take over the CFPB on a permanent basis if the bureau does survive — as most observers view likely. At least two senior CFPB officials have announced their resignations in the wake of Vought’s email: Lorelai Salas, supervision director, and Eric Halperin, enforcement director. The Dodd-Frank Update reported that there are indications that the Trump administration has struggled to find someone interested in the job. In the first Trump administration, the CFPB was run by Mick Mulvaney, who served as acting director from November 2017 to December 2018, and Kathleen Kraninger, who took over from Mulvaney and served until Joe Biden assumed the Presidency in January 2021.
Banking technology provider Zeta has raised $50 million in new funding. The investment — from an unnamed strategic investor — boosts the company’s valuation to $2 billion, a significant increase from the firm’s most recent pre-money valuation of $1.45 billion. That valuation followed a capital infusion of $250 million from Softbank Vision Fund 2 and other investors in 2021.
Headquartered in San Francisco, California, Zeta enables financial institutions and fintechs to launch a wide variety of financial products via its modern, microservices-based, API-first, cloud-native, and Headless (MACH) platform. These products include credit cards, checking accounts, savings accounts, unsecured loans, and more. Zeta’s SaaS suite provides solutions for the entire lifecycle of a banking product: core banking and issuer payments; merchant acquiring and payment services; digital banking and AI applications; issuer operations and servicing; customer engagement and rewards; as well as commercial cards and benefits.
“We are incredibly excited at the pace at which clients are embracing our modern stack,” Zeta Global CEO and Co-Founder Bhavin Turakhia said. “Over the past few years, we have supported over 25 million accounts on our cloud-native processing platform Tachyon and are on track to add 25 million more with contracts already in flight. Our clients are breaking away from decades of legacy systems to deliver amazing digital experiences, thereby increasing their customer satisfaction and accelerating new user acquisition.”
Founded in 2015, Zeta won Best of Show in its debut at our all-digital Finovate conference in 2020. The company returned to the Finovate stage the following year for FinovateFall 2021 in New York. More recently, Zeta has collaborated with fellow Finovate alum Mastercard as part of a five-year partnership and teamed up with Featurespace to combine credit card processing and fraud detection. Last August, Zeta announced that India’s HDFC Bank was leveraging its technology to power its new Credit Line on UPI (CLOU) solutions.
“Zeta’s mission to be a trusted partner to financial institutions is possible through the patient efforts of the best team ever assembled in banking technology,” Zeta Co-Founder Ramki Gaddipati said. “While the past few years have been challenging for the banking-tech industry, our organization has delivered multiple winning programs for our clients in record time.”
To date, Zeta customers around the world have issued more than 25 million cards on Zeta’s platform. The firm’s card processing capabilities were recognized by Celent in its 2023 Next-Gen Card Issuer Processors in the US report, which noted that, in the words of Celent Head of Retail Banking and Payments Research Zil Bareisis, “Zeta is among the likeliest partners for banks considering a shift to next-gen processing.”
Engagement Banking company Backbase has announced a strategic partnership with financial intelligence solutions provider Feedzai.
The partnership will integrated Feedzai’s Digital Trust solutions with Backbase’s Engagement Banking Platform.
Backbase most recently demoed its technology on the Finovate stage at FinovateFall 2021. Feedzai made its Finovate debut at FinovateEurope 2014 in London.
A newly announced strategic partnership between Backbase and Feedzai aims to bring advanced financial crime prevention technology to engagement banking. The integration of Feedzai’s Digital Trust solutions with Backbase’s Engagement Banking Platform will empower financial institutions to fight fraud more effectively while preserving the customer experience.
Feedzai’s Digital Trust platform analyzes user behavior, device health, and potential threats in real-time. The cloud-based solution operates in the background, enabling financial institutions, financial services organizations, and fintechs to detect and counter online identity impersonation and manipulation attacks, while allowing legitimate users to conduct their activities unimpeded. Feedzai’s Digital Trust is effective against account takeover (ATO) attacks as well as new account fraud attempts during onboarding. It combines behavioral biometrics, behavioral analytics, advanced malware detection, and network and device assessment to provide active and preemptive defense against threats. The integration with Backbase’s engagement banking platform will provide banks with real-time, AI-powered, proactive fraud prevention, plus lower operational costs thanks to AI-powered risk assessment that minimizes false positives.
“By combining Backbase’s engagement banking expertise with Feedzai’s advanced security capabilities, we’re giving financial institutions the complete package — superior customer experience and intelligent fraud prevention in one integrated platform,” Backbase CEO and Founder Jouk Pleiter said. “Together, we’re setting a new standard for how banks can build trusted digital relationships with their customers.”
Headquartered in San Mateo, California, Feedzai offers technology that leverages AI to help businesses fight fraud and financial crime. The company’s RiskOps platform uses machine learning and Big Data to detect and defend the world’s largest banks, payment providers, and merchants from malicious online actors. Founded in 2011 and now reaching 900 million people in 190 countries with its technology, Feedzai began 2025 by announcing a partnership with Credibanco to help the Colombian payment processing company strengthen its defenses against fraud.
“As the financial services industry evolves, security can no longer be an afterthought — it must be woven into the very fabric of the customer journey,” Feedzai CEO and Co-Founder Nuno Sebastiao said. “By partnering with Backbase, we’re empowering financial institutions to deliver a unified, seamless journey that not only protects customers from fraud but also ensures they feel valued, understood, and safe.”
Backbase has been a Finovate alum since 2009. The company has won Finovate’s Best of Show award four times, including back-to-back wins at FinovateEurope in 2017 and 2018. Backbase’s Engagement Banking Platform is a composable solution that empowers banks to accelerate their digital transformations by progressively modernizing each step of the customer journey, including onboarding, servicing, lending, and investing.
Backbase’s partnership news comes a few weeks after it announced it was teaming up with Alliant Credit Union, a digital-only financial institution with $20 billion in assets and more than 900,000 members. The company also recently partnered with Nordic digital transformation consultancy Knowit. Founded in 2003, Backbase is headquartered in Amsterdam.
The week begins with news of investment in insurtech, financial wellness, and risk management. We are also seeing a number of new partnerships in payments and fraud prevention. Check back here all week long at Finovate’s Fintech Rundown for updates on the latest fintech headlines.
Digital banking solutions provider Apiture and digital solutions company Omnicommanderteam up to help banks and credit unions better communicate with their customers and members.
Gold Coast Federal Credit Union enlistsTyfone to accelerate digital transformation.
Crypto / Defi
Ripplepartners with currency exchange provider Unicâmbio to bring crypto-enabled cross-border payments to Portugal.
Insurtech
Australian digital-first insurance broking firm UpCoversecures $19 million in Series A funding.
Via its brand Polly, European digital insurance broker CLARKlaunches its first fully digital underwriting solution in the UK.
Financial software and technology company CSI partners with Mitek Systems to launch its proprietary check fraud detection solution for NuPoint customers.
Backbase and Feedzaiteam up to integrate advanced security capabilities into Backbase’s Engagement Banking Platform.
Regtech and compliance
Sardine AIraises $70 million to make fraud and compliance teams more productive.
Investing / wealth management
Halal investment research platform Musaffalaunches new equity crowdfunding round.
BrightwaveintegratesQuartr’s global database of first-party information from public companies with its document analysis capabilities.
Datalignsecures $9 million Seed funding to accelerate AI-powered financial advisory solutions.
Lending and credit
FinastralaunchesAssist.AI, an AI-powered assistant to enhance the trade finance operations within its Trade Innovation solution.
This week’s edition of Finovate Global looks at recent fintech news and headlines from Australia.
Digital private equity manager Moonfare goes live in Australia
Eligible investors in Australia stand to benefit from the arrival of digital private equity investing platform Moonfare. The Berlin-based company announced that it is bringing its wealth management technology to what is now its 23rd country. Moonfare Asia Pacific head Adam Banks, who joined Moonfare in October, noted that the firm’s APAC investor relations team is already “in active discussions with potential clients” in Australia.
Founded in 2016, Moonfare enables eligible investors to access a selection of curated funds from managers such as KKR, EQT, and the Carlyle Group. The company’s proprietary portfolio investments provide diversification and low minimums across a range of strategies, including buyout, growth equity, venture, and infrastructure. Investors on the platform can also participate in secondaries, private credit, and co-investments.
“There is clearly a growing appetite for private equity investing in Australia,” Moonfare Founder and Co-CEO Steffen Pauls said. “But so far access has been limited, especially for people wanting exposure to non-domestic managers and strategies. Moonfare’s digital private equity platform plans to fill that gap by providing seamless access to globally leading top-quartile managers.”
Moonfare boasts more than €3.3 billion ($3.4 billion) in assets under management and access to more than 110 funds. The company began the year with the appointment of Heike Hövekamp as Chief Legal & Compliance Officer. Hövekamp joins Moonfare from Société Générale, where she was Head of Compliance.
Australian regtech Nuj raises $4 million in seed funding
Is there any debate that 2025 is shaping up to be the year of regtech? The fact that regtech increasingly seems to provide fertile ground for new fintech startups may be yet another indication of the growing importance of this subsector.
Australia’s Nuj is another fintech startup that is taking advantage of interest in regtech. The company announced that it has raised $4 million in equity and debt financing to develop its superannuation data platform. A superannuation is Australia’s pension program, created to benefit of employees. They are similar in many respects to an individual retirement account (IRA) or a 401(k) in the US.
Mimecast Co-Founder Peter Bauer led a $2 million seed round as part of an overall $4 million equity and debt package. He praised Nuj’s “powerful data platform that addresses an expensive challenge across the super industry — one of staying ahead in compliance with regulations.” Founded in 2020 by Matthew McKenzie, Nuj is a data platform and insights engine that sits between superannuation funds and the regulator. The technology provides real-time insights to superannuation trustees and executives, enabling them to better manage their risk programs. The company’s platform is used by institutions such as MUFG, AMP, and Equity Trustees.
The investment in Nuj comes as regulatory reporting requirements and calls for increased transparency for superannuation funds are growing. McKenzie noted that funding will help “fuel (the platform’s) capabilities for faster data processing and sharper insights, empowering funds to make informed decisions, and driving better financial outcomes.”
Headquartered in Sydney, Nuj was founded in 2020.
Ozone API and ProductCloud team up to help Australian firms meet open banking regulations
A new partnership between Ozone API and ProductCloud will help companies in Australia comply with Open Banking API regulations, specifically Consumer Data Right legislation. The partnership will provide Australian companies with a technology platform that enables them to quickly and securely deliver open APIs aligned to the most recent version of the Australian Consumer Data Standard.
“Our platform is already helping banks and financial institutions around the world to deliver standards compliant with open banking APIs, including in line with the CDR standard,” Ozone API Co-founder and CEO Huw Davies said. “We’re really excited to combine our global expertise in open finance with ProductCloud’s innovative product management platform. Together, our solutions remove the complexity of achieving and maintaining CDR compliance, allowing organizations to focus on their core business.”
Founded in 2017 and headquartered in London, Ozone API is a leading standards-based platform designed to take the complexity out of open banking and help companies meet regulatory and commercial requirements for open APIs. In addition to its partnership with ProductCloud, Ozone API also recently announced its collaboration with FinovateEurope 2024 alum ShareID to, in the words of ShareID CEO and Co-founder Sara Sebti, “enhance the Open Banking ecosystem” and, as Ozone API GM for Europe James Bushby put it, “strengthen trust in open finance.”
Melbourne-based ProductCloud offers a cloud-based, SaaS solution that streamlines product information management for financial institutions. Serving banks, neobanks, mutuals, and non-bank lenders, ProductCloud provides a single tool for both Open Banking Product Reference Data and Design and Distribution Obligation compliance. The company was founded in 2020.
“Since launching ProductCloud back when CDR kicked off, we had our sights on being the go-to Product Information Management and CDR Compliance platform for financial institution product managers,” ProductCloud Co-founder and CEO Mark Evans said. “Partnering with Ozone API is an exciting development because they have also been a pioneer in Open Finance. Collaborating with our respective SaaS platforms and out-of-the-box APIs will provide a unique offering for rapid and cost-effective open banking compliance.”
Here is our look at fintech innovation around the world.
Central and Eastern Europe
Romanian crowdfunding service provider, Venevo, partnered with regtech solutions hub iDenfy.
Lithuanian fintech ArcaPay agreed to be acquired by UK-based financial services provider Ebury.
International money movement firm TerraPay partnered with airport retailer Dubai Duty Free.
Central and Southern Asia
India-based payments and API banking firm, Cashfree Payments, raised $53 million in funding at a valuation of $700 million.
Egyptian fintech Halan Microfinance Bank expanded into Pakistan with a pledge to invest $10 million in 2025.
Indian fintech Cred became the first fintech platform to provide access to India’s central bank digital currency project.
Latin America and the Caribbean
Payment orchestration provider Yuno to launchMastercard Payment Passkey Service across Latin America.
Kuady teamed up with BridgerPay to enhance payment solutions throughout Latin America.
Latin American ecommerce company MercadoLibre now offers transactions using its payment processors in Argentina via Brazil’s instant payment system, Pix.
Personetics unveiled a number of new features for its AI-powered flagship solution, Personetics Engage, this week.
The new features will help financial institutions build personalized digital experiences that encourage their customers to better manage their financial lives.
Headquartered in New York, Personetics made its Finovate debut at FinovateEurope 2016 in London.
Personeticsannounced a range of new features for its AI-powered flagship solution, Personetics Engage, this week. The new features are designed to help financial institutions create personalized digital experiences for their customers that empower and motivate them to better manage their finances.
“Financial institutions today need solutions that go beyond basic personalization and static insights,” Personetics Chief Product Officer Ron Agam said. “These new capabilities advance our mission of providing banks with a platform that dynamically responds to their customers’ changing financial needs, making them smarter about their money and motivated to act.”
The new features include an Activity Tracker that customers can use to see their spending, income, and cash flow for up to 12 months. This interactive overview gives customers enhanced visibility into their financial status, helping them track and manage their finances across multiple accounts from a single location. Personetics also introduced a Financial Recap feature that provides customers with an Instagram-like summary of their spending over the past seven days. The feature not only lists top merchants and categories of spending but also gives users a seven-day forecast of their projected cash balance and activities. Financial Recap helps contextualize spending for customers, making it easy to spot spending trends.
Personetics Engage will also now be equipped with Bank and User Categorization Control. This enables banks to manage transaction categorization mapping to improve accuracy. Institutions can review, recategorize, and rename categories — as well as create their own unique category designations. Customers also have the ability to recategorize transactions, increasing personalization and providing valuable feedback for their bank.
Personetics has also introduced a new level of interactive engagement between banks and customers courtesy of Custom User Journeys. This feature enables banks to build targeted, dynamic flows that collect customer preferences and adapt in real-time. These dynamic flows provide personalized financial guidance, as well as product recommendations that are based on direct customer input. To enhance engagement, the system uses customizable and interactive insights, questionnaires, and teasers..
“With these innovations, banks can move beyond static insights and truly monetize financial wellness,” Personetics VP of Strategy and Business Development Dorel Blitz noted on the company’s LinkedIn page, “inspiring customers to take action while driving meaningful business value.”
Personetics made its Finovate debut at FinovateEurope 2016 in London. Founded in 2011 and headquartered in New York, the company provides money management and personal financial management (PFM) solutions for banks and other financial institutions. Personetics’ technology leverages AI and its financial-data-driven platform to help FIs enhance customer engagement and boost revenue. Today, Personetics serves more than 135 million bank customers around the world, and includes six of the top 12 banks in North America and Europe as customers.
Payment technology provider for financial institutions, Numeral, unveiled its fully managed Verification of Payee (VOP) solution this week.
The new offering will help financial institutions in the European Union meet new VOP requirements months ahead of the regulator’s October 9 deadline.
Headquartered in France, Numeral made its Finovate debut at FinovateEurope 2023. The company was acquired by fellow Finovate alum Mambu in December.
Numeral, a payment technology provider for financial institutions, launched its fully managed Verification of Payee (VOP) solution this week. The technology will enable banks and other financial institutions to comply with the European Union’s VOP policy by October 9, the deadline set by regulators.
“At Numeral, our mission is to provide financial institutions with a future-proof and compliant payments infrastructure,” Numeral CEO and Co-founder Édouard Mandon said. “Given our fully managed payments hub offering, enabling our customers to comply with VOP aligns perfectly with our commitment to streamline payments infrastructures and operations. Our fully managed approach ensures they become and remain compliant without having to navigate the complexities of scheme adherence and ongoing operations.”
Numeral’s solution arrives as Europe searches for ways to fight payment fraud — especially authorized push payment (APP) fraud — and enhance payment security at a time when instant payments are becoming increasingly popular and available. To this end, new regulations for Verification of Payee (VOP) mandate that payment service providers (PSPs) give payers verification of payee details before making credit transfers.
Numeral’s VOP offering provides a managed approach that deals with all the regulatory and technical requirements involved in sending and responding to VOP requests. The solution supports the payment process from VOP scheme adherence to go-live readiness and enables account data synchronization through SFTP, API, manual upload, as well as real-time API connectivity. Numeral’s VOP technology also leverages a configurable matching algorithm that helps firms balance risk management and a seamless user experience. The company has also produced a publication, The Ultimate Guide to Verification of Payee, to help financial institutions better understand the VOP scheme.
“Account pre-validation and domestic verification solutions are extremely valuable for their intended use cases, but aren’t required to achieve VOP compliance,” Numeral Head of Product Marketing Matthieu Blandineau said. “The European Payments Council’s VOP scheme ensures interoperability across PSPs and countries by default, and our solution helps financial institutions comply with the scheme requirements on time, with minimal resources.”
Headquartered in Paris, France, Numeral made its Finovate debut at FinovateEurope 2023, where it demonstrated its API platform that enhances payment operations by automating bank payment processing. Specifically, Numeral showed how its platform automatically sends, receives, and reconciles SEPA payments and manages payment errors via SEPA R transactions.
Founded in 2021, Numeral was acquired by fellow Finovate alum Mambu in December 2024.
What makes an address “special”? This year at FinovateEurope 2025, the designation is going to speakers addressing an especially wide range of topics — from AI to quantum computing. Some of the presentations we’re highlighting today will be on the mainstage at FinovateEurope. Others will be offered as part of our focused tracks examining topics in payments, customer experience, AI, lending, and banking risk and regulation. All of them promise to be insightful discussions on key topics impacting fintech and financial services today.
Our slate of speakers for FinovateEurope is growing by the day. Visit our FinovateEurope 2025 hub for the latest updates on who’s speaking and when.
Mainframe modernization: the journey to agile digital services in 2025
Featuring Paul Holland (LinkedIn), CTO, Astadia: An Amdocs Company, this special address looks at how tools such as Generative AI (GenAI) can help accelerate digital transformation to unlock even further modernization. Holland will also lead a conversation on how financial institutions can complement existing capabilities to successfully modernize mainframe applications at scale. Tuesday, 25 February, 10:05 am.
An Amdocs company, Astadia is an industry-leading mainframe migration and modernization firm. Astadia’s core competencies include cloud migration, refactoring, replatforming, DevOps, and managed IT services. The company has conducted more than 300 successful migrations with world-class organizations.
Countdown to Q-Day: Why Banks Must Act on Post-Quantum Authentication Now
Featuring Petr Dvořák (LinkedIn), Founder and CEO, Wultra, this special address will examine the evolution of quatum computing and the potential challenges the technology will bring to digital banking. Dvořák will discuss the migration to post-quantum authentication (PQA) and the importance of transitioning to quantum-resistant authentication before “Q-Day” — when quantum computers are powerful enough to break contemporary cryptography. Tuesday, 25 February, 3pm.
Founded in 2014 and headquartered in Prague, Wultra helps banks and fintech brands build secure digital applications. The company offers modern, compliant authentication solutions that deliver security, easy access to financial services, and straightforward deployment.
Building Interactive Data Applications with Plotly: How AI Enhances the Delivery and Usage of Data Apps
Featuring Andy Wisbey (LinkedIn), European Sales Director, Plotly, this special address is part of FinovateEurope 2025’s Artificial Intelligence Track. Wisbey will lead a hands-on session that will demonstrate how to leverage Plotly’s advanced visualization capabilities to create an interactive data application that transforms complex financial data into actionable insights. Wednesday, 26 February, 10:50am
A Bronze sponsor of FinovateEurope 2025, Plotly is a leading provider of open-source graphing libraries and enterprise-grade analytics solutions. The company’s flagship solution, Dash Enterprise, enables organizations to build scalable and interactive data apps that drive impact decision-making.
Also providing special addresses at FinovateEurope this year are:
Pedro Andrade, Key Account Director, ORACLE MySQL
Vladimir Lounegov, Co-Founder, Mbanq
Waheed Mahmood, BFSI Lead, Rackspace
Be sure to check out the Finovate blog as more speakers for FinovateEurope are confirmed. And if you haven’t picked up your ticket yet, there’s no time like the present! Visit our FinovateEurope hub today and save your seat!
