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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Cashy engages financial institutions’ Gen Z customers through gaming and education. Simulating real-life scenarios, players compete to grow their assets while remaining happy.
Features
Engage Gen Z: Cashy’s average monthly engagement time is 80 minutes
Build trust: Experience is co-branded
Convert: Personalized rewards get 5x industry average CTRs
Why it’s great
Cashy helps companies engage Gen Z like no other product. Teenagers and young adults literally jump from their chairs while playing.
Presenter
Mart Vainu, CEO Vainu is a serial entrepreneur who, after having taught finance to over 3,000 students, saw that to reach 30 million, it had to be as entertaining as TikTok. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Apiture delivers award-winning digital banking solutions to financial institutions throughout the U.S., including consumer/business banking as well as innovative data intelligence and embedded banking.
Features
Apiture’s AI-based tool, Sensei, provides
Real-time insights and recommendations about financial standing
Insights based on customer data
Greater customer stickiness
Why it’s great
Sensei from Apiture empowers financial institutions to establish highly personalized, consultative relationships with their customers in the digital environment.
Presenter
Daniel Haisley, Executive VP of Innovation Haisley leads Apiture’s innovation efforts encompassing data intelligence and API banking solutions. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Peach helps users pay off their loans and accelerate their debt-free timeline.
Features
The Peach app is a debt management tool that allows users to
Easily understand their loans
Monitor their credit
Set up a plan to become debt-free
Why it’s great
Peach is a consumer fintech app committed to rewriting the way credit is assessed and managed, enabling Americans to achieve their financial goals.
Presenter
Puneet Thiara, COO Prior to Peach, Thiara worked in asset management and investment banking, specializing in analytics, research, and sales roles. She has her BA in Economics from Northwestern and her MBA from Wharton. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Debbie is the rewards platform for debt payoff, using behavioral psychology to help incentivize debt payoff and savings. The organization is launching Rate Crusher, their credit card refinance marketplace for credit unions and other financial institutions.
Features
Connect with highly motivated and young borrowers
Further incentivize deposits
Boost engagement and reduce debt
Why it’s great
Debbie’s solution targets the underlying root cause of negative financial behavior and incentivizes good habits. Their users are primed to succeed.
Presenters
Rachel Lauren, COO & Co-Founder Lauren has built up the Debbie userbase to over 20k people. She was previously a venture capital investor at BDMI and equity research associate at Credit Suisse. LinkedIn
Frida Leibowitz, CEO & Co-Founder Leibowitz is responsible for the product vision and execution at Debbie. She previously worked in credit risk at Marcus by Goldman Sachs. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Wealth Access is an enterprise customer data insights platform that works with financial services’ existing books and records to enrich and unify data.
Features
Overcomes siloed processes by integrating records
Enables hyper-personalized experiences across multiple business lines without borders
Provides actionable insights to uncover complete customer stories
Why it’s great
Wealth Access intelligently unifies records across multiple systems and enables service teams to bolster customer loyalty, resulting in high ROIs that are 15x their spend.
Presenter
David Benskin, CEO & Founder Under Benskin’s leadership, Wealth Access has sustained profitability and a robust core business CAGR of 37% over the past four years.
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
HappyNest, a revolutionary commercial real estate investing and savings mobile app, grants access to quality real estate projects to all Americans with a minimum investment of $10.
Features
Offers accessible real estate investing at a low minimum entry
Rounds up purchases to invest them into real estate
Provides amazing personalization for investors
Why it’s great
HappyNest is a fast-growing real estate company that provides access to high-quality commercial real estate investment opportunities to non-accredited investors starting with $10.
Presenter
Jesse Prince, Co-Founder & CEO Prince, a combat veteran, CEO of HappyNest, and a seasoned commercial real estate entrepreneur, is passionate about making real estate investing accessible to everyone. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Setuply is a cutting-edge client onboarding automation platform for B2B solution providers. The Setuply platform makes onboarding scalable, improves client engagement, and helps safeguard clients’ sensitive data.
Features
Provides real-time insight into the revenue at stake to prioritize work
Offers a scalable and repeatable onboarding process
Enhances client engagement and collaboration
Why it’s great
Transform brand new clients into brand champions with seamless onboarding using Setuply.
Presenters
Rachel Lyubovitzky, CEO Lyubovitzky is a serial B2B enterprise entrepreneur, investor, and published author passionate about technology innovation. LinkedIn
Katie Curran, Solutions Engineer Curran has extensive experience in data visualization and analysis helping to create seamless alignment between tech solutions and client needs. LinkedIn
If you’re in fintech, then you’re most likely a numbers person. You like to see the metrics, the data, and the quantitative side of things. So we’ve assembled the data surrounding this year’s FinovateFall event to offer a numerical picture of what you can expect at the show, which is taking place September 11 through 13 in New York City. Tickets are still available at a discounted rate.
14th
This year marks the 14th FinovateFall we’ve held in New York City. Time flies when you’re having fun!
15
We’ll offer 15 networking sessions across the three-day event to ensure you have time to mingle and make meaningful connections.
59
Finovate is known for live demos. This year, we’ll feature 59 (and counting) companies demo their technology live on stage.
We’re hosting 177 speakers on stage. Those 177 fintech experts will discuss a wide range of fintech topics in demos, keynote presentations, panels, and more.
Brazil-based Dock selected Feedzai to provide fraud prevention tools for its customers.
Dock will primarily leverage Feedzai’s RiskOps Platform, and will also use the company’s AML and behavioral biometrics tools.
Dock counts 70 million active accounts and powers over seven billion transactions each year.
Brazil-based payments technology player Dockannounced this week it has selected risk management tool provider Feedzai to provide new fraud prevention tools for Dock customers.
Founded in 2014, Dock offers card issuing and core banking services to help organizations bring new card digital payments and banking services to their existing operations. The company’s microservices architecture can be tailored to suit a multitude of rules, and can operate in any country, currency and banking system. The company counts 70 million active accounts and powers over seven billion transactions each year.
By partnering with Feedzai, Dock is giving its clients access to Feedzai’s RiskOps Platform, a tool that helps uncover criminal activity by standardizing processes. Feedzai launched RiskOps in 2021 to tackle fraud, money laundering, compliance, and enhance risk policies. The platform’s Financial Intelligence Network (FIN) database contains over one trillion data points, sessions, and profiles of good and bad actors. Dock also plans to integrate Feedzai’s behavioral biometrics module as well as money laundering prevention tools to offer customers a view of risks in real-time.
“We are providing our customers with another cloud-first technology solution that delivers a personalized approach to cyber threat detection and assessment, based on machine learning models and supported by Dock’s expertise,” said Dock Risk Director Armando Junior. “This partnership is aligned with our Latin American expansion strategy. The new feature makes it possible for us to understand even better the needs of our customers throughout the region.”
Feedzai was founded in 2011. The company offers tools ranging from KYC, AML, watchlist screening, transaction fraud monitoring, and more to help companies fight fraud in more than 190 countries. In 2021, Feedzai was valued at more than one billion dollars after receiving a $200 million funding round that boosted its total funding to $277 million. There is no word on an updated valuation.
Cybersecurity company VU and digital payments solutions innovator NovoPayment announced a strategic partnership today.
The alliance will make VU’s fraud protection technology available to users of NovoPayment’s banking-as-a-service platform.
Headquartered in Miami, Florida, NovoPayment was co-founded by CEO Anabel Pérez in 2007.
Cybersecurity firm VU will join the 60-partner application network of digital payments solutions company NovoPayment. Headquartered in Miami, Florida, NovoPayment offers a banking-as-a-service platform that leverages its network of open APIs, partnerships, and third-party integration to help its customers scale and adapt.
“Collaborating with NovoPayment allows us to expand our vision and address new challenges in the field of cybersecurity in the financial sector,” VU founder and CEO Sebastián Stranieri said. “Together we are committed to generating a positive impact by creating digital solutions to improve the quality of life for citizens and organizations.”
NovoPayment offers services within three principal categories: digital banking, payment infrastructure, and card solutions. The company helps its clients enhance their existing systems to generate new deposits, transaction streams, and customer experiences. In addition to its Miami HQ, NovoPayment maintains offices in Mexico, Colombia, Peru, Chile, and Ecuador, enabling the company to serve a range of customers across the Americas. The company’s clients include financial institutions and acquirers, as well as neobanks and fintechs.
“This alliance will enable us to enhance our payment solutions, providing users with an even safer and more reliable experience,” NovoPayment CEO and co-founder Anabel Pérez said. “We are excited to work with VU, a leader in cybersecurity, to ensure the peace of mind of our clients in the digital world.”
NovoPayment’s partnership with VU comes a little over a month after the company unveiled enhancements to its Orchestra technology. Orchestra is an advanced, cloud-based middleware orchestration layer of its BaaS platform. The technology helps financial institutions modernize their infrastructure and now features enhancements that add capabilities and new API-based use cases. Perez called Orchestra “a streamlined, convenient way to unify user experiences and fast-track innovation while ensuring compliance.”
Earlier this year, NovoPayment and Forrester Research published research on digitization trends at smaller banks and credit unions. In the report, the authors highlighted the compatibility with existing infrastructure as a major hurdle for digitization. Another challenge was the lack of staff to support customer-service based digital strategies. The report concluded that strategic partnerships can help smaller FIs bridge the gap between themselves and their larger competitors.
Micronotes announced a $2 million extension to its $5.5 million Series C funding round.
Today’s funds come from BankTech Ventures.
The extension brings Micronotes’ total funding to $23.3 million.
In an industry focused on the customer, engagement solutions providers are poised for growth. Perhaps that’s why digital engagement solutions provider Micronotes received a $2 million extension to its Series C round today.
Today’s funds come from BankTech Ventures and add to Micronotes’ $5.5 million investment led by Experian Ventures with participation from existing investors. Closing the Series C round brings The Massachusetts-based company’s total funding to $23.3 million.
“We’re thrilled to partner with BankTech Ventures,” said Micronotes Founder and CEO Devon Kinkead. “This strategic investment will help us accelerate our growth in the community banking sector and help more communities get a lot more out of their banking relationships.”
Micronotes was founded in 2008 and is privately held. The company leverages AI, big data, and machine learning technologies to help financial institutions use their data to better engage their customers, foster involvement, and ultimately build new revenue.
FinovateFall 2023 takes place in New York over September 11 through 13 with the demos on the first two days. Register today and save your spot.
In less than a month, you’ll see it all at FinovateFall. Technology launches, startup debuts, fresh perspectives, and industry leaders from over 60 demoing companies. Here’s a look at the latest lineup:
With so many diverse organizations taking the stage over the first two days, you may want to narrow in on the technology that best fits your needs. Check out the sneak peeks for a quick look into each demo company, its innovation and features, and what makes it great.
Stayed tuned for new demo additions leading up to the event, and don’t miss your chance to register!
