Join us in October as our annual Asia-Pacific fintech conference returns to Singapore! FinovateAsia is one of the best ways for fintech startups and innovative industry veterans from the region and around the world to showcase their latest technologies before an audience of C-level decision-makers, venture capitalists, all-star analysts, and more.
For information on how to participate in FinovateAsia as a demoing company, partner, or sponsor, send us an e-mail and we’ll tell you everything you need to know.
Singapore’s United Overseas Bank (UOB) partners with proptech innovator SoReal to launch SME property valuation solution.
Bank of China and IBMannounces plans to collaborate on digital transformation, customer experience enhancement, and other innovations in financial services.
North Korea announces plans to develop its own cryptocurrency.
United Bank of Africa (UBA) inks deal with U.S.-based fintech Ovamba Solutions.
FairMoney picks up nearly $11 million in funding to help build a new digital bank in Nigeria.
North Carolina is the location of the first U.S. sales office for mobile banking and payments solution provider Neontri. The company, which demoed its technology at FinovateFall 2017 as Braintri, added that its new business strategy will focus on proprietary B2B solutions developed by its internal R&D team. These solutions include the company’s mobile banking development platform, its core banking system offload engine, Biffee; and its white-label, Best of Show-winning, mobile payments and authorization solution, Jiffee.
Calling the U.S. expansion and rebranding, “the beginning of a new stage” in the company’s growth, Neontri CEO and co-founder Maciej Stepien elaborated on the fintech’s next steps. “After six years of dynamic business growth on our home market and the acquisition of iCompass, we now seek to gain a strong foothold abroad,” he said. “Our American Office is the first bridgehead on the road to realizing this goal. In the long term, we plan to expand to the U.K. and the Middle East.”
In locating their office in Raleigh, North Carolina, the company is seeking to leverage the city’s status as home to one of the largest and fastest growing technology and research hubs in the U.S. The proximity of Charlotte, a major financial center that is also experiencing significant growth, is another plus for the Warsaw, Poland-based company.
Founded in 2013, Neontri (as Braintri) announced earlier this year that IKO, the mobile app it co-developed for PKO Bank Polski, had won first place in a global ranking of mobile apps from British Retail Banker International. It was the second consecutive year the app had won the recognition. The company began the year with news that its insurance subscription platform, hiPRO Connector, was going live with Benefia, a division of Vienna Insurance Group.
Our sister publication Fintech Futures profiled Braintri over the summer, discussing how banks are exploring ways to leverage real-time data.