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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
R3Sandbox for Digital Currencies is a learning and development platform for CBDC experimentation used by global financial institutions and regulatory bodies.
Features
Understand digital currency
Transact with CBDCs
Access wholesale CBDC SDKs
Why it’s great The Sandbox for Digital Currencies enables central banks, commercial banks, exchanges, payment providers, and more to collaborate in a ‘ready-made payments ecosystem’ to evaluate CBDCs.
Presenters
Austen Appleby, CBDC Product Strategist Appleby works with central banks, commercial banks, payments service providers, and large corporates in designing and implementing digital currency solutions. LinkedIn
Alisa DiCaprio, Head of CBDC Strategies DiCaprio is the Head CBDC Strategies at R3 in New York City. She is a trade economist with experience in both the public and private sectors on digital transformation. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Zogo is excited to unveil a gamified, customizable rewards platform integrated into an FI’s mobile banking app with a focus on increased digital customer engagement.
Features
Reward customers for logging into your mobile banking app daily, completing education modules, swiping their cards, savings, etc.
Increase digital customer engagement
Gain customer loyalty
Why it’s great Zogo is changing the way FIs distribute rewards, allowing them to reward customers for activities that build loyalty and add value to the FI.
Presenter
Bolun Li, CEO Li is the Co-Founder and CEO of Zogo, and has led the Zogo team from an idea in his college dorm room to over 125 financial institution customers nationwide. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Array provides fintechs and financial institutions with personalized consumer credit, identity protection, and financial wellness tools through its API and library of embeddable components.
Features
Embeddable tools that are easily customizable and create white-label solutions
Access to data from major credit bureaus
Tools that capture actionable customer insights for marketing efficiencies
Why it’s great Fintechs and financial institutions use Array’s embeddable tools to quickly deploy personalized credit solutions that improve customer experience and increase engagement with their platform.
Presenter
Martin Toha, CEO & Founder Toha is a serial entrepreneur with 20+ years of experience utilizing and modifying existing technology to create new markets and develop new businesses. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Unblu‘s Conversational Platform solves communication and collaboration challenges in digital channels by offering features to advise and support your customers across the omnichannel, anytime and anywhere.
Features
Meeting Scheduling: pre-schedule a digital meeting
Conversation Recording: archive the entire engagement – audio/video and screen sharing.
Ecosystem Integration: store all engagement elements in CRM
Why it’s great As financial decision-making isn’t easy, and self-service often falls short, Unblu enables financial institutions to deliver both automated and humanized customer service across all channels.
Presenters
Jens Rabe, COO Rabe has held commercial functions in high tech companies (VP Product Marketing & VP Business Strategy at OpenText, CMO at Obtree) and graduated with an MBA from Edinburgh Business School. LinkedIn
Jeremy Barnes, Regional VP Services, North America Barnes’ career has spanned 20 years in various leadership roles in world class organizations, including OpenText. He works closely with clients to realize their business transformation objectives. Linked
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Sontiq‘s BreachIQ technology uses artificial intelligence to turn identity fraud risk into a consumer financial health app that drives improved customer engagement, loyalty, and trust.
Features
Determines the unique identity risks of each consumer
Provides tailored guidance to improve security
Available via API or as part of Sontiq’s IIS platform
Why it’s great BreachIQ is the only solution that analyzes each consumer’s entire breach history, looking beyond the ‘Dark Web’, to help fight identity theft, scams, and fraud.
Presenters
Jim Van Dyke, SVP Innovation Van Dyke is SVP Innovation and one of the country’s foremost experts in data breaches as well as fintech. He is a Co-Founder of Breach Clarity and Javelin Strategy & Research. LinkedIn
Al Pascual, SVP Data Breach Solutions Pascual is SVP Data Breach Solutions. A recognized expert in cybercrime, he co-founded Breach Clarity and is the former Head of Fraud & Security at Javelin. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Finalytics.ai is a data platform for credit unions that uses machine learning to dynamically generate segment of one digital experiences.
Features
Personalization at scale for credit unions
Big data
AI/ML automated
Why it’s great People think that digital banks are winning because of superior user experiences. In reality, they are winning because they use data to acquire new customers. Finalytics.ai brings that to CUs.
Presenters
Craig McLaughlin, CEO McLaughlin is the CEO of Finalytics.ai. Over the last two decades, he has driven segment-of-one experiences for large-scale FIs, community banks, credit unions, and fintech start-ups. LinkedIn
Mark Ryan, Chief Analytics Officer Ryan leads the data team at Finalytics.ai to set and achieve ROI goals, data strategies, digital channel reporting, and establish processes for data analysis for customers. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
FinGoal‘s Link Money connects and uniformly formats your users’ off bank data to the digital banking core enabling secure, universal access for developers to the data at a fraction of legacy costs.
Features
Simplifies and elevates the user experience
More 360 data available for more developers
3x to 5x better economics
Why it’s great Platform banking meets data aggregation the right way.
Presenter
David Nohe, CEO Nohe is CEO at FinGoal. He is ex-Wellfit founder (acquired), ex-Apple, a recovering lawyer, and is based in Colorado. LinkedIn
What have the companies that have won Best of Show at FinovateFall in recent years been up to since receiving top honors from our Finovate audiences?
With FinovateFall 2021 right around the corner, we thought now would be an excellent time to check in with some of the celebrated alums from our most recent autumn events.
2020
Q2, which won Best of Show honors at FinovateFall 2020 for its online digital marketplace that enables collaboration between fintechs and financial institutions, acquired fellow Finovate alum ClickSWITCH in April of this year.
Also in April, FinovateFall 2020 Best of Show winner Monit secured $5.2 million in seed funding for its finance app that gives small business owners insights and personalized guidance to help them manage their businesses better. The round was led by TTV Capital.
Lendsmart secured pre-seed funding in a round led by INV Fintech in February. The investment came after the company earned a Best of Show award at FinovateFall 2020 for a demo of its AI-driven technology that brings automation and transparency to the lending process.
2019
Zogo, which leverages partnerships with financial institutions to promote financial literacy among the young, raised an undisclosed sum a little over a year after making its Best of Show winning appearance at FinovateFall 2019.
Winning Best of Show in its FinovateFall debut in 2019, digital charitable giving platform Pinkaloo was acquired by philanthropic services firm RenPSG in the spring of 2021.
Multiple-time Best of Show winner MX, which picked up its latest Best of Show trophy at FinovateFall 2019, secured $300 million in Series C funding in January of this year, driving its valuation to $1.9 billion.
Digital customer service innovator Glia, another company that has earned multiple Best of Show trophies from Finovate audiences – including at FinovateFall 2019, raised $78 million in January of this year.
Cinchy not only raised $10 million in Series A funding after a Best of Show winning demo of its data collaboration platform at FinovateFall the previous autumn. The Canada-based company also secured an additional $10 million in funding in May of this year, as well.
2018
White-label digital banking solution provider Meniga, which picked up a Best of Show award at FinovateFall 2018, secured a $11.8 million investment this spring in a round led by Velocity Capita and Frumtak Ventures.
In a Series A round led by Canaan Partners, Bumped raised $10.4 million in new funding last November. Earning a Best of Show award in its debut at FinovateFall in 2018, the company enables brands to give their customers free stock for their purchases, turning shoppers into shareholders.
FinovateFall returns to New York City next month, September 13 through 15. To get your ticket and save your spot, visit our FinovateFall hub today. Register by September 3rd to save up to 12% off your ticket.
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Cinchy dataware platform’s unique approach of decoupling data from applications removes data silos and the need for integration.
Features
Delivers change 5x faster
Reduces IT overhead by 50%
Includes flexible data models that can evolve with business needs
Why it’s great Dataware is a new concept whose benefits are already being leveraged by leading financial services organizations and the top global banks by moving from an app-centric to a data-centric approach.
Presenter
Dan DeMers, CEO & Founder DeMers is CEO & Founder of Cinchy, the dataware platform that makes integration obsolete. For over a decade, DeMers has built large IT systems for FIs worldwide. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
IMPESA is a software developer fintech. Monibyte is a P2P payments app that offers customers card controls and offers banks new revenue opportunities.
Features
Integrated finance controls that include transaction controls
P2P plus in-app split transactions with social experience
Affordable for small financial institutions
Why it’s great Monibyte is an affordable and time-to-market solution for small financial institutions. It creates a new revenue channel and leadership in innovation and benefits for clients with minimum investment.
Presenters
Mario Hernández, CEO & Co-Founder Hernández is an expert in payments solutions focusing on new technologies and innovation. He has had a successful trajectory in the financial sector in several countries. LinkedIn
Gloriana Carballo, PR & Marketing Director Carballo has extensive experience in marketing, retail, and market strategy. At roughly 28 years, she was named one of the ‘Top 5 Oustanding Women in Business in Costa Rica’ by EKA magazine in 2017. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Informed.IQ automates the consumer loan verification process for lenders using AI.
Features
Faster funding
Ability to free up staff to work on higher-order functions
Greater accuracy and reduced fraud
Why it’s great Informed.IQ is used nation-wide across major consumer lenders such as Ally Bank and Westlake Financial to turn their applicants’ documents and data into decisions.
Presenter
Justin Wickett, CEO & Co-Founder Prior to founding Informed.IQ, Wickett led product management at Credit Karma, Lyft, and Zynga. He has a bachelor’s in Computer Science from Duke University and holds several U.S. patents. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Directlink is an AI-powered conversational banking platform built to transact, deal, and direct seamless experiences for bank and credit union customers – whenever and wherever they like.
Features
Control dialog and content in an easy-to-use portal
Transform and test customer experiences across channels
Take action on data insights in real-time
Why it’s great Directlink makes it easy for banks and credit unions to devise, deploy, and maintain intelligent automated banking experiences for their customers without burdening their human team members.
Presenters
Mark Vanderpool, President Vanderpool is a leader and team builder with enterprise, channel and on-demand, and SaaS success. In addition to true operational experience, he has extensive experience with omni-channel communications. LinkedIn
Ben Nichols, Head of Product Nichols leads the product and technology departments at Directlink by IMS. He has over a decade of experience building data-driven software for both large financial institutions and SaaS startups. LinkedIn