FinovateEurope Alums Reel in $940 Million in 2019

Photo by payam masouri from Pexels

With FinovateEurope less than a month away, we thought we’d take a look at some of the fundraising success the conference’s alums had in 2019.

From companies that demoed at our very first FinovateEurope in 2012 to some of FinovateEurope’s newest players, alums of our European conference raised more than $940 million in funding last year. We’ve listed the companies below in alphabetic order, along with a link to their demo so you can learn more about the company and its work.

Looking to showcase your latest fintech innovation on stage? Send us an email at to find out how to become one of our demoing companies next month at FinovateEurope in Berlin, Germany, on February 11 through 13.

And if you haven’t picked up your ticket yet, run, don’t walk, to our registration page and save your spot today! Take advantage of big savings by signing up before January 31.

24sessions: $1.1 million – postFEU19 demo

Aire: $11 million – postFEU15 demo

Bitbond: $2.3 million – postFEU15 demo

Capitalise: $4.5 million – postFEU16 demo

Currencycloud: $12.2 million – postFEU14 demo

Dashlane: $110 million – postFEU13 demo

DataSine: $5 million – postFEU18 demo

Featurespace: $32.2 million – postFEU16 demo

Fintech OS: $1.2 million – postFEU18 demo

Flybits: $35 million – postFEU19 demo

Kantox: $5.7 million – postFEU13 demo

Minna Technologies: $6.3 million – postFEU19 demo

nCino: $80 million – postFEU17 demo

Nutmeg: $58 million – postFEU12 demo

Onfido: $50 million – postFEU18 demo

Passport: $65 million – postFEU16 demo

PaySend: $10.6 million – post – and $5.3 million –postEU16 demo

Scalable Capital: $28 million – postFEU16 demo

Tink: $11.2 million – post – and $63 million – postFEU19 demo

Token: $16.5 million – postFEU17 demo

TransferWise: $292 million – postFEU13 demo

Twisto: $15 million – post – and $15.7 million – postFEU18 demo

YellowDog: $3.3 million – postFEU19 demo

FinovateEurope Sneak Peek: Subaio

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

With Subaio, take control of your subscriptions, see all your recurring payments, cancel subscriptions and get notified about changes – all in a white-label setup.


  • Overview of all recurring payments
  • Ability to cancel subscriptions
  • Smart notifications about changes to recurring payments

Why It’s Great
35% of bank customers want their bank to deliver a subscription management service to them according to Cicero Consulting. Subaio helps you gain control of your subscriptions.


Soren Nielsen, Chief Commercial Officer
Nielsen is a seasoned fintech entrepreneur who’s built successful teams in the past. Always with an emphasis on the ‘why’. It needs to make sense. Like it does as the CCO of Subaio!

FinovateEurope Sneak Peek: FinTecSystems

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

FinTecSystems is one of the leading experts in accessing and analyzing bank transactions for B2B and can help to make the right decisions based on the right data.


  • Analytic platform stands for customized financial reports
  • Increased customer understanding and new sales potentials
  • Leverage digital sales by turning bank transactions into money

Why It’s Great
FinTecSystems is able to address the financial needs of the customers, give warnings in case of financial issues, and identify sales opportunities based on “key-life events”.


Martin Schmid, Chief Market Officer
Schmid has more than ten years of experience in ePayment and eCommerce. As part of the founding team and CMO at FinTecSystems, he is responsible for Marketing, Customer Success, and Sales.

FinovateEurope Sneak Peek: Scientia Consulting

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

FinTech Insights by Scientia Consulting is an innovative, online platform that analyzes, measures and compares all Digital Services of Banks and FinTechs worldwide for functionality and UX offered.


  • Analyzes Digital Banking and FinTech services behind the login screens
  • Measures and presents functionality and UX across all channels of each Bank
  • Compares head-to-head Banks and FinTechs

Why It’s Great
FinTech Insights exhaustively analyzes and compares all Digital Banking offerings and FinTech services, based on functionality and UX, behind the login screens using real Bank accounts.


Kostas Stivaros, Partner
Stivaros is Partner in Scientia Consulting and mainly responsible for its international expansion. He has worked in Banks and FinTechs for over 20 years and holds a PhD in Computer Science.

Alexandros Argyriou, Managing Partner
Argyriou is the Managing Partner of Scientia Consulting Group and a recognized FinTech and Digital Banking expert.

FinovateEurope Sneak Peek: ReceiptHero

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

ReceiptHero unlocks the power of receipt data for banking & accounting users, enabling real-time digital receipts to flow from POS terminals to mobile apps.


  • Reducing the need for paper receipts
  • Increasing business insights – product level data powering business decisions
  • Seamless accounting UX for expense management

Why It’s Great
ReceiptHero provides real-time solutions. First bank partner is Nordea, with more banks announced soon. Looking for new partners globally including banks or PSPs, please reach out to get more insights!


Chris Moore, CPO
Moore works closely with banks, fintechs and PSPs. His background is in startups & scaleups in addition to working in OP Financial Group’s innovation lab before joining ReceiptHero.

FinovateEurope Sneak Peek: ARM Insight

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

ARM Insight’s synthetic data process unlocks the value of data by delivering actionable insights from hard-to-access financial transaction data while ensuring privacy is protected


  • Privacy Data Protection: Reducing the use of raw data
  • Regulation Compliance: Managing privacy and data obligations (i.e. GDPR)
  • Product Innovation: Using AI/ML tools to enable data-driven innovation

Why It’s Great
Synthetic data is the “breakthrough” data set for maximizing your data potential, while minimizing your risk. It is the future of data that should be used now.


Steve Shaw, SVP Marketing
Shaw is responsible for the overall marketing, branding and communications strategy for ARM Insight. Shaw has over 20 years of marketing experience at startups and Fortune 500 companies.

FinovateEurope Sneak Peek: Dorsum

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

Dorsum’s Wealth Management Communication HUB is a secure, real-time customer engagement channel that connects advisors to their clients.


  • Automated AI-driven notification system to free up human resources
  • Real-time client engagement to keep the personal touch
  • GDPR compliant digital document transfer and approval

Why It’s Great
The Wealth Management Communication HUB allow advisors to reach the mass affluent and private segment with digital banking products without losing the personal touch.


Imre Rokob, Director of Bus. Dev.
Rokob is responsible for the company’s expansion to new international markets. He is an experienced PMP certified project leader with strong IT and financial knowledge.

Gregory Csorba, Sr. Innovation Expert
Csorba joined Dorsum’s Banking Innovation team in 2017, where he currently works as a Sr. Innovation Expert, specializing in automated and AI driven technologies.

Ákos Szalay, Sr. Innovation Consultant
As Senior Innovation Consultant, running under the nickname “Mr. Simplicity” at Dorsum, Ákos’ main vision is creating simple and easy-to-use solutions for complicated business workflows.

FinovateEurope Sneak Peek: CASHOFF

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

CASHOFF’s Cashback 2.0 solution is based upon your customers spending behaviours and their favourite brands and targeted to each individual customer. Giving customers up to 50% Cashback each purchase.


  • Repays banking loans or makes charity donations
  • Funding by Brands, means lower bank loyalty costs
  • Increasing banking loyalty, engagement and cross selling opportunities

Why It’s Great
Cashback 2.0 uses AI and Machine Learning to tailor offers to each individual customer. Customers are allowed up to 50% cashback for each purchase. Increasing customer engagement is highly targeted.


Darren Hughes, CEO
Hughes is passionate about developing new products and solutions for the financial services industry with more than 20 years experience in financial services business leadership.

Billy Leung, Director
Leung started his first business at the age of 8 and explored 40+ countries across 6 continents. He was a speaker at Finovate, Slush and a number of Fintech conferences in the US, Europe and Asia.

FinovateEurope Sneak Peek: Tensorflight

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

Tensorflight automates the process of property inspections using AI on existing satellite and street view imagery to give insurance industries the same data in a fraction of cost and time.


Our software provides instant property data on construction type, number of stories, total floor area, roof pitch and geometry, solar panels and more with global coverage!

Why It’s Great
Tensorflight offers a unique solution with instant risk-related information about a building with global coverage, analyzed by our AI algorithms.


Maksymilia Wandel, Head of Key Account
Experienced professional in IT sales development and channel partner management. A graduate of one of the top law schools in Poland and Master of Laws in International Law at the University of Miami.

FinovateEurope Sneak Peek: Trulioo

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

Trulioo helps organizations instantly verify 5 billion people and 330 million businesses online through a single API. Hundreds of businesses around the world use Trulioo to digitally verify customers.


  • Gives regulated entities certainty about their business customers
  • And gives them confidence in meeting Customer Due Diligence (CDD) requirements

Why It’s Great
Through GlobalGateway Business Verification, companies can instantly verify business entity information, perform watchlist checks, and identify and verify the beneficial owners of the businesses.


Baraa Safaa, Project Manager
Safaa leads development for GlobalGateway Business Verification, identifying business pain points and translating them into product features that help regulated entities with AML compliance.

FinovateEurope Sneak Peek: W.UP

A look at the companies demoing at FinovateFall on September 14-16, 2020. Register today and save your spot.

W.UP is an AI-powered banking personalisation platform that allows banks to understand and cater to customer needs in real time.


  • New concept of financial well-being
  • Contextual offers to help achieve sustainable spending
  • Customer-bank relationship evolving and engagement boosted through personalisation

Why It’s Great
We help banks unleash the power of real-time data to understand and serve their customers better.


Tamas Braun, Sales Director
Braun has worked in the retail banking technology industry for the past 15 years. Most recently, he worked at technology vendors such as IND and Misys before joining W.UP.

József Nyíri, VP of Bus. Dev.
Nyíri is a hands-on innovator and growth leader with more than two decades of fintech experience. He is a visionary and speaker on digital transformation of the banking industry.

Not Another 2020 Trends Prediction Post (Seriously, It’s Not!)

If you’re like me, you’re already experiencing 2020 fatigue. If you’ve read at least 10 posts depicting the top trends for 2020 in every fintech sub sector, you’re not alone.

Fortunately for you, this isn’t another 2020 predictions post.

Instead, we’re taking a look at the trends you can expect to see on stage next month at FinovateEurope. To keep things simple this year, we assessed the themes at a very high level and broke them down into three categories: the big, the little, and the trends in-between.

The big trends

As you can see in the word cloud above, the big topics for FinovateEurope 2020 are AI, digital identity, and customer experience. The only surprise here is that AI isn’t bigger. Since AI is an enabling technology it often pulses throughout multiple sectors across fintech. Customer experience, for example, is a topic that relies heavily on AI.

Digital identity is another trend developing throughout the fintech industry and has been rising in discussions around identity verification. However, digital identity isn’t quite as sexy as AI, so companies aren’t as quick to boast about their digital identity capabilities.

The little trends

The three smallest trends on this year’s list include blockchain, compliance, and PFM. Though its potential to disrupt traditional banking hasn’t lessened, blockchain has regressed slightly into the shadows of fintech. This may be the result of compliance complications that the blockchain brings. Other challenges to wider blockchain adoption may result from a lack of understanding of the subject or stem from the lack of ability for legacy systems to adapt.

PFM appears as a small topic because while many fintechs help users with their personal finances, they are hesitant to describe their technology as PFM. However, just because PFM is older than Twitter doesn’t make it any less relevant.

Speaking of relevance, compliance is pertinent to every subsector in fintech. However, the topic appears small in the word cloud because it is a bit of a status quo. In other words, every bank and fintech has some level of compliance measures in place.

The trends in between

Data analytics, fraud prevention, wealthtech, chatbots, lending, credit, regtech, and small business tools are all trends caught in the middle this year.

None of the topics is new and the only one I’m surprised to see on this list is fraud prevention since it is thought of more as a requirement than something firms are looking to add to their technology. However, recent evolutions in cybercriminal techniques, high-profile hacks, as well as advancements in enabling technologies adapted to the security space have made fraud prevention an even hotter topic than it once was.

If you want to not only read about the newest fintech trend transformations but also see them demoed live on stage, register for FinovateEurope. This year’s event is taking place in Berlin, Germany on 11 through 13 February.

Interested in demoing your company’s new technology on stage? There’s still room in our demo lineup. Check out more information on what it takes to demo at FinovateEurope or contact for details.