Finovate Alumni News


  • lands funding to power digital invoicing for SMEs in Indonesia.

Around the web

  • BlueVine launches BlueVine Business Banking.
  • Salt Edge unveils Salt Edge Authenticator for strong customer authentication and dynamic linking.
  • Jack Henry’s PayCenter helps first 15 bank clients join RTP network.
  • AccountScore and Equifax debut credit risk index to help lenders better understand loan applicants.
  • Personal Capital celebrates 10 years in wealthtech with a brand refresh.
  • MX ships new tool to help consumers manage and cancel recurring subscriptions.
  • Swaper’s three years milestones: 2800 investors have funded over 7 million Euros in loans.
  • Envestnet | Yodlee releases Intelligent APIs to further personalize financial wellness tools.
  • myGini completes PCI Level 1 compliance audit.
  • FinTech Global recognizes Insuritas as InsurTech 100 Member.

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


  • Pendleton Community Bank Signs 3E Software’s Teslar for Automation.
  • Coinbase’s Coinbase Pro Goes Mobile.

Around the web

  • Paystand surpasses 100,000 businesses on its network.
  • Swaper celebrates its third birthday.

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.

Swaper’s P2P Marketplace Guarantees Returns

Screen Shot 2017-04-06 at 12.50.13 PM

Latvia-based Swaper seeks to make P2P investing as simple as possible. The company offers European investors access to unsecured consumer debt in Poland and Georgia, and has plans to expand its reach across the globe. What’s unique about Swaper is that every loan comes with a buyback guarantee. That means that even if a borrower fails to pay back a loan on time, the investor still receives their principal plus interest on the loan.

Founded in 2016, the company’s CEO, Iveta Brūvele, and COO, Elīna Rasmane, debuted the Swaper mobile app at FinovateEurope 2017. The Portfolio Invest feature of the app lets users invest in a single click. And because they can access their investments from their smartphone, users can control their portfolio anywhere and anytime.

Company facts

  • Originated 6,430 loans worth €1.3 million and saw investments from 161 active investors in November of 2016
  • Offers buyback guarantee
  • Boasts interest rates of 12% to 14%

(above) Iveta Brūvele (CEO) and Elīna Rasmane (COO) debut Swaper on the FinovateEurope stage in London

We interviewed Swaper CEO Iveta Brūvele (pictured) after FinovateEurope for a quick look at Swaper and its future plans.


Finovate: What problem does Swaper solve?

Brūvele: The main difference from other investment opportunities is the high income that we offer our investors. The second is the BuyBack guarantee that is available for all loans on our platform. These two Swaper values are constant, and our aim is to keep them constant so investors can be sure that rules are not going to change, and they will receive the interest rate and the BuyBack guarantee that was promised.

The Swaper mobile app solves availability and easy usability problems too– we are the first of our closest P2P marketplace competitors who have launched a mobile app, and 80% of our customers use it.

Finovate: Who are your primary customers?

Brūvele: Investing on Swaper now is available to private individuals and companies from the European economic area. Our largest markets for now are Germany, Latvia, Spain, Austria, and Great Britain. And we also have plans to widen our customer base to other countries outside the EEA.

Finovate: How does Swaper solve the problem better?

Brūvele: Swaper was launched with the idea to build better financial products and to offer many different financial products. For now our company offers loans and investing options, but we are not going to stop at this. In the near future we are going to present new products. One of our most important advantages is our extensive experience in the financial services area– everyone on our team has gathered huge experience working in a financial sector.

Finovate: Tell us about your favorite implementation of your solution.

Brūvele: I would say that it is our mobile app. Actually, the application itself is a step forward– according to the number of users we see, it was exactly what investors needed.
And the coolest feature in the app is definitely the slider that allows users to invest in a single click. Because all the loans offered for investments have the same interest rate and BuyBack guarantee, it doesn’t matter which loans the user invests in. That’s where the idea of the slider was born– after investors choose the amount and term, in just one click it’s done!

Finovate: What in your background gave you the confidence to tackle this challenge?

Brūvele: It is our team. Our team is very experienced in the fintech field, so we had no doubt we could build awesome financial products. Many of us have worked in different banks across the Europe as well as in the financial services area. The idea of knowing that we can do better is what unites us. And we really want to do better. Our main goal is to make financial services more understandable, available and suitable for the rhythm and technologies of modern life.

Finovate: What are some upcoming initiatives from Swaper that we can look forward to over the next few months?

Brūvele: We are going to launch two to three new loan products that will be offered as investments on Swaper. After a few months we will also offer our customers new financial products besides lending and investing options. Furthermore we are already working on new features for the Swaper mobile app.

Finovate: Where do you see Swaper a year or two from now?

Brūvele: Of course we have huge ambitions. And we are going to accomplish them, because our advantage is our experience in the financial area and we launch products and services much faster than our competitors do. We want to keep that rapidity and flexibility. We are going to be an international company that offers a wide range of available and contemporary financial services all around the world.

Iveta Brūvele (CEO) and Elīna Rasmane (COO) debut Swaper on the FinovateEurope stage in London

Finovate Alumni News


  • Six Alums Earn a Spot on on CNBC’s Disruptor 50 List


  • Online Lending Innovator SoFi Launches Robo Advisor

Around the web

  • Upserve grows 100%, Boasts 32 Million Active Diners, 21 Million Meals per Month, $11 Billion in Annual Transaction Volume.
  • Passport Launches Mobile Parking App in Ann Arbor.
  • Alkami has increased client base by 38%; grown users by 103%,  & grown contracted users by 51% since January 2016

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.

Women on the Finovate Stage


There are plenty of things about fintech worth celebrating, but today, in honor of International Women’s Day, we’re giving three cheers to the women in fintech!

We’re taking a special look at our most recent show, FinovateEurope, where 23% of the presenting companies were represented by a woman on stage. That’s a 50% increase from 2015, where 15% of the companies had female speakers, and a huge leap from our first event in 2007 with zero (see note 1).

So here’s to progress. And here’s to the women of FinovateEurope:




Hali Khan, Director, Business Development

FinovateEurope 2017 demo



Paulina Powązka, Sr. Business Solutions Consultant

FinovateEurope 2017 demo




Eszter Vass, Sr. Product Strategy & Presales Consultant

FinovateEurope 2017 demo




Reanta Stein, Business Development Director

FinovateEurope 2017 demo




Diana Winstanley, Business Developer

FinovateEurope 2017 demo




Tinna Hung, Director, Marketing

FinovateEurope 2017 demo




Angelique Mohring, CEO & Founder

FinovateEurope 2017 demo




Janice Diner, CEO, Founding Partner

FinovateEurope 2017 demo




Mariona Campmany, CMO

FinovateEurope 2017 demo




Patricia Soares, Business Developer

FinovateEurope 2017 demo




Sarah Clark, General Manager, Identity

FinovateEurope 2017 demo




Trisha Price, EVP, Product Development & Engineering

FinovateEurope 2017 demo




Iveta Brūvele, CEO, and Elīna Rasmane, COO

FinovateEurope 2017 demo




Märta Viberg, Head of Product & Consumer Risk

FinovateEurope 2017 demo




Michelle Pearce, Co-Founder and Chief Investment Officer

FinovateEurope 2017 demo




Vanessa Gatihi, Global Head, Customer Success

FinovateEurope 2017 demo




Editor’s Note: While sadly it’s true that no women were on stage during the 20 demos of the first Finovate. One company, iPay Technologies, was founded by Dana Bowers, but she chose not to speak that day. And Finovate might not even exist if it wasn’t for Melanie Flanagan, then Marketing Manager at Yodlee (also co-founded by a woman), who was the first person to agree to demo. Finally, Susan Hawkins, then SVP at Metavante, was instrumental in getting both her company and Monitise on stage. So there you have it, woman called the shots for at least 20% of Finovate v1.0’s content, even if they ended up delegating the on-stage pitching to men. Thanks Melanie, Dana and Susan! — Jim Bruene, Founder

FinovateEurope Sneak Peek: Swaper

Screen Shot 2017-01-17 at 1.28.07 PM

FE2017-V2-wdateA look at the companies demoing live at FinovateEurope on the 7 and 8 of February 2017 in London. Pick up your tickets today and save your spot.

Swaper’s P2P marketplace offers an easy way to invest in pre-funded loans just by one click and earn premium returns (12% to 14%) on both web and mobile interfaces.


  • Invest in a predefined portfolio with just one click using its mobile app
  • Have full online control of investments
  • Receive a buyback guarantee for all loans, 12% to 14% interest

Why it’s great
Bank deposits are out-of-date. It offers an accessible and understandable platform for investments for everyone, without the need of special knowledge and experience in investments.

PresentersScreen Shot 2017-01-17 at 1.26.16 PM

Iveta Brūvele, CEO
Brūvele is the founder of Swaper and its parent company Wandoo Finance Group. She has more than 10 years experience in financial services.

Elīna Rasmane, COOScreen Shot 2017-01-17 at 1.26.28 PM
Rasmane has an extensive experience working as head of product management and business architect in consumer finance and investments.

Finovate Alumni News


Around the web

  • First Oklahoma FCU to deploy core account processing technology from Fiserv.
  • Yoyo unveils marketing automation platform, Yoyo Engage, at Davos.
  • Misys adds crowdlending module to FusionBanking platform.
  • United Nations FCU chooses digital banking platform from Jwaala.
  • OnDeck and payment solutions provider WEX team up to provide small business financing.
  • ABA Banking Journal column on biometric authentication features Daon and EyeVerify.

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.