Finovate Alumni News


  • Check out a sneak peek of Topicus.Finance’s upcoming demo at FinovateAfrica.
  • Launchfire Launches StepDemo to Enhance Employee Training.
  • Poland’s Braintri Merges with iCompass.

Around the web

  • Xero teams up with Absa Bank to improve access to financing for South African SMEs.
  • TransferWise opens its API.
  • Fenergo introduces new Client Lifecycle Management: Front to Middle Office Transformation app on Salesforce AppExchange.
  • Mortgage Cadence adds to its Enterprise Lending Center loan origination platform courtesy of a partnership with MGIC.
  • Tinkoff Bank enables its iOS-using customers to buy concert and theatre tickets via its mobile app.
  • ThetaRay CEO Mark Gazit appointed to the International Technology Advisory Panel of the Monetary Authority of Singapore.
  • Klarna forges partnership with weighted blanket developer, Gravity Blanket.
  • Temenos announces Technology Partner Agreement with distributed SQL database provider, NuoDB.
  • Aqubix, Behaviosec, CustomerXPS, ElectronicID, GreenKey, IdentityMind, Jumio, NICE, Onfido, Payfone, SecuredTouch, Sedicii, Trulioo, and Trunomi honored on RegTech 100 list.

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

  • TechCrunch talks with HackerOne CEO Marten Mickos on bug bounties and the value of white hat hackers.
  • Cardlytics bolsters executive ranks with pair of new group presidents: Randall Beard and Shannon Johnson.
  • American Banker interviews new SoFi CEO Anthony Neto.
  • First Data goes live with Clover Mini and Clover Flex smart terminals in Germany and Austria.
  • Chetu earns Best Custom Business Software Developer Award from US Business News.
  • Ivan Nabalon, CEO and founder of Best of Show winning Electronic IDentification discusses the mainstream potential for cryptocurrencies.
  • ChartIQ teams up with Trading Central to provide technical insights and tool to traders.
  • Blockchain healthcare platform HealthCombix partners with NuCypher.

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.

FinovateMiddleEast Best of Show Winners Announced!


The votes have been counted and the winners of the first FinovateMiddleEast Best of Show competition have been selected.

Congratulations are due to all of the companies that presented their latest fintech innovations live on stage this week. From wealth management and lending to innovative approaches to making payments faster, more efficient, and more secure, what makes Finovate such a great opportunity for fintech professionals is the breadth and variety of technologies on display.

And while we love seeing which companies – new or old, local or global – are the ones that have developed solutions that capture the imagination of our knowledgeable fintech audience, we always maintain that the value of our Finovate demos lies in the diversity of approaches taken by different creative, insightful entrepreneurs and engineers solving real world problems for individuals, consumers, SMEs, corporations, and even governments all over the globe.

That said, there are always a handful of demos that stand out to our attendees – and these are the innovations we highlight with our Best of Show awards. So with no further ado, let’s take a look at the companies taking home Best of Show trophies for their demos this week at FinovateMiddleEast 2018 (in alphabetic order):

APPICS for its next-generation, rewards-based, social media app that enables people to connect with one another around the globe and leverages blockchain technology to turn social media “likes” into currency. Video.

Electronic IDentification for its VideoID solution which combines video streaming, advanced machine learning, and AI to remotely identify customers in seconds from any device and over any channel. Video.



Ondot Systems for its card control technology that empowers card holders to “remote control” their credit and debit cards from a smartphone app. Video.

Our first foray to the Middle East has been a huge success for us. We’ve both seen and learned a great deal about the kind of fintech innovations that are making it easier for those living in the MENA region to have safer, more transparent, and – hopefully – more prosperous financial lives.

We want to thank our sponsors and partners – especially the UAE Ministry of Finance, which was indispensable in helping make FinovateMiddleEast happen. We had a wonderful time bringing our fintech conference to Dubai for the first time and are looking forward to coming back soon. Remember to follow us on Twitter @Finovate, as well as here on the Finovate blog to keep up with the latest in fintech news from the Middle East and elsewhere around the world.

To see all of the demo videos from FinovateMiddleEast, visit our video archives.

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 three 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 through 2017 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017
FinovateAsia 2017

20 Finovate Alums Earn Spots on One World Identity’s Top 100 Influencers List

When you think about it, what’s cooler than being named to a Who’s Who list in the world of digital identities?

One World Identity, an independent identity research and strategy company that specializes in cybersecurity, digital commerce, and risk management, published its roster of the Top 100 Influencers in Identity this week. This year, 20 Finovate alums made the cut. The individual influencers – as well as the companies they work for- are listed below.

As with last year’s roster, this year’s list was compiled by taking nominations submitted via Twitter, LinkedIn, and at The staff and advisory council for One World Identity whittled down the initial list of more than 1,000 nominees to a final 100.

One World Identity began as a project from a group of Google employees back in 2015. The company was officially launched the following year as a way to help spur innovation and collaboration in the field of digital identities. Travis Jarae is founder and CEO.

FinovateEurope Sneak Peek: Electronic IDentification

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

Electronic IDentification’s VideoID is the first and only technology that combines video streaming with the most advanced machine learning and artificial intelligence algorithm to identify people in just seconds from any device. The results are amazing: time-to-market goes from three weeks to only three minutes, customer conversion rate increases 60% and businesses have no more territory barriers to perform businesses.

Why it’s great
Its solution is fully compliant with most stringent regulations, such as European AML or eIDAS.


Iván Nabalón, CEO
Nabalón is founder and CEO of eID, the company with the greatest growth in Europe in the identification industry. It has created a new category of identification services that combines video and AI.

FinovateMiddleEast Sneak Peek: Electronic IDentification

A look at the companies demoing live at FinovateMiddleEast on 26 and 27 of February in Dubai, U.A.E. Pick up your tickets today and save your spot.

Electronic IDentification has developed software to handle the customer authentication conducted in branch offices with video identification using AI and machine learning.


  • Increases customer conversion rates from 70% to less than 10%
  • Speeds time to market from 3 weeks to only 3 minutes
  • Improves customer satisfaction and business growth and profitability

Why it’s great
Electronic IDentification’s solution is fully-compliant with Europe’s most stringent regulations for AML and eIDAS.


Iván Nabalón, Founder and CEO
Nabalon has led Electronic IDentification to the greatest growth of any European company in the identification industry.