How they describe themselves: Effectiv provides a fraud and compliance automation platform for fintechs and community financial institutions. We automate compliance needs while helping our customers manage fraud with a best-in-class solution combining human and artificial intelligence interaction.
We offer an affordable automated risk management solution while fighting financial crime with an omnichannel approach to account onboarding, loan application processing, real-time transaction monitoring, case management, and data vendor management.
How they describe their product/innovation: Our KYC/KYB AML onboarding solution provides financial institutions and fintechs a more affordable enterprise solution. The platform provides onboarding and underwriting digital processes that maintain a frictionless experience for good users while stopping fraudsters with ongoing, transaction monitoring to flag high-risk actions or high-value transactions signaling money laundering, terrorist or other criminal activity.
Providing real-time feature computation for ID checks utilizes a graph network with embedded algorithms to help minimize fraud.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Contacts:
Bus. Dev.: Ritesh Arora (COO), [email protected]
Press: Ravi Sandepudi (CEO), [email protected]
How they describe themselves: Horizn is the #1 digital growth company working exclusively with financial institutions. Horizn helps banks and credit unions increase the number of fully digital customers, drive mass adoption of new platforms and digital capabilities, as well as reduces the cost to serve digital customers.
Horizn works with over 40 financial institutions globally, including some of the largest financial institutions like Wells Fargo and RBC, super regional banks like M&T, and community sized banks like Liberty Bank.
How they describe their product/innovation: Self-Serve Customer Hub: Designed to ensure bank customers can self-learn and have the confidence and know-how to accelerate usage of all digital banking capabilities.
Assisted-Serve for Contact Center and Branch: Making sure the frontline have the right materials right at their fingertips in the moment of need when they’re talking to the customer.
Employee Platform: An interactive gamified Employee Digital Learn designed to rapidly increase digital fluency amongst all employees.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Contacts:
Bus. Dev.: Steve Frook (CRO), [email protected]
Press: Janice Diner (CEO), [email protected]
How they describe themselves: FinGoal is an insights platform that sits atop digital banking and personal financial data. We use that data to better understand users and provide actionable insights.
Features of our insights platform:
- Clean & Complete Data – A comprehensive dataset of your users’ accounts, enriched and deeply categorized.
- Actionable Data – We use transaction data to create rich profiles of end users that institutions can use to create personalized offers for higher conversion.
How they describe their product/innovation: FinGoal’s new user tags enable financial institutions to understand their customers better and create better, more targeted offers resulting in higher cross-sells.
Three key features/benefits of the new product/innovation:
- User tags based on transaction data
- Use those user tags in any CRM to create targeted marketing campaigns
- Personalized marketing results in higher cross-sells and more loyal customers
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms, Licensed
Contacts:
Bus. Dev.: Mark Lucier (VP of Growth), [email protected]
Press: Carolyn Nohe (VP of Operations), [email protected]
How they describe themselves: Front is the modern embedded financial infrastructure with transfer and execution capabilities across 300+ financial institutions, exchanges, wallets and brokerages. Using Front APIs, customers can offer instant asset transfer between accounts for onboarding, deposit, payment and payout usecases or trade execution across brokerages and asset classes. Launched in September 2022, Front has acquired 30+ customers in less than six months. Projecting $10M ARR by the end of 2023 based on existing POCs with large fintechs.
How they describe their product/innovation: We are demoing Front API usecases for the first time. We are showing account aggregagation, cross asset execution and more importantly asset transfer. Using Front APIs, customers can offer instant asset transfer between accounts for onboarding, deposit, payment and payout usecases or trade execution across brokerages and asset classes.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms
Contacts:
Bus. Dev.: Gabriele Galli (VP Sales), [email protected]
Press: Rani Nagpal (VP Marketing), [email protected]
How they describe themselves: Founded in 2017, Fundica is an award-winning, AI-powered funding search engine licensed by some of the largest financial institutions in North America to acquire and retain business clients. With our solution, an FI enables SMBs to easily identify, organize, and apply for the most relevant government funding available on its site. At the same time, the FI promotes inclusion, captures firmographics, and becomes a more complete funding advisor.
How they describe their product/innovation: We’re showcasing some enhancements to both the front-end of our funding search solution and back-end solution. In particular, we have implemented a traffic augmentation solution (through SEO syndication of personalized funding content), improved traffic conversion (through optimized user journeys), and improved user engagement (through additional relevant page content). Collectively, these enhancements have improved the user traffic and experience across financial institution websites.
Product distribution strategy: Through financial institutions, Through other fintech companies and platforms, Licensed
Contacts:
Bus. Dev.: Scott Rogalski (Business Development & Partnerships), [email protected]
Press: Jacob Ma (Growth Marketing Manager), [email protected]
How they describe themselves: Flybits is an award-winning personalization platform, enabling financial institutions to deliver best-in-class personalized digital banking experiences across mobile, web and the Metaverse.
How they describe their product/innovation: Market leaders in the financial services industry understand the importance of one-to-one marketing and creating a hyper-personalized experience for their customers. With the evolving needs of consumers, the need to be present in all spaces where your customers interact with now is present more than ever. Flybits’ OpenDome is a completely new way to learn, interact and transact, from everyday banking tools and offers, personalized financial advice and virtual wealth planning, to gamified financial literacy in a 3D/virtual reality space.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms
Contacts:
Bus. Dev.: Chris Pinkerton (CGO), [email protected]
Press: Ali Rahnema (CCO), [email protected]
How they describe themselves and their product/innovation: HyperSwitch, launched in January 2023, is the world’s first Open Source Payments Switch designed to make payments fast, reliable and affordable. It lets you connect with multiple payment processors and route traffic effortlessly, all with a single API integration.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev. & Press: Nakul Kothari (Director), [email protected]
How they describe themselves: FinTech Insights by Scientia is the premier competitive analysis tool. We work with the largest banks, fintechs and digital banking providers around the world by allowing them to understand their competitors, identify gaps in their markets and uncover innovation faster.
FinTech Insights by Scientia empowers organizations such as Fifth Third, America First CU, US Bank, Backbase, Q2, Technisys, and many more, to sharpen their competitive edge and reduce their go-to-market time.
How they describe their product/innovation: FinTech Insights is the digital banking research platform that provides you with all the data you need to outsmart your competition, in one powerful, user-friendly platform. You can now combine these invaluable insights with their product roadmap. At Finovate, we’re showcasing this breakthrough feature abd how our clients can add a feature to their roadmap, see their projected self in the market, and estimate the cost of rollout. With FinTech Insights, banks and fintechs will become more agile than ever.
Product distribution strategy: Direct to Business (B2B), Licensed
Contacts:
Bus. Dev.: Nickolas Belesis (VP of Growth), [email protected]
How they describe themselves: Finturf brings point-of-sale financing to brick-and-mortar retailers and service providers like home improvement contractors and medical offices.
How they describe their product/innovation: The Finturf merchant portal allows users to generate point-of-sale financing and send a link to a customer to complete the application.
Our white label constructor allows users to launch white label platforms in a matter of minutes.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms
Contacts:
Bus. Dev.: Stephen Pool (VP of Partnerships), 619-822-4392, [email protected] | Garon Wilkens (Director of Growth), 678-231-6316, [email protected] | Brandi Hassell (Merchant Relations), 408-455-2428, [email protected]
How they describe themselves: FINTEQ is a technology startup from Poland. During our pre-seed round we raised $0.5M. Now, we are about to raise $2M in equity to accelerate scaling and expand internationally. We will report $250K in revenue in 2023. We have eight employees and 10 customers.
We strive to change how companies can improve their cashflows in a healthy and sustainable way. We stand against all debt-incurring or pay later concepts. We believe there is enough liquidity in every industry to bring stability and avoid financial bottlenecks.
How they describe their product/innovation: FINTEQ takes credit risk away from the supply chain and provides healthy and sustainable trade financing alternatives for suppliers. It is the next-gen payment accelerator that improves cashflow without risk. No credit risk assessment, no collateral, no documents, no typing in, no recourse.
We’re showing how a client can set up a supplier finance program and how this supplier can pay out invoices using the FINTEQ mobile app, anytime, 24/7, anywhere in the world with just one tap. All in minutes.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms, Licensed
Contacts:
Bus. Dev.: Rafal Chrabol (CEO), [email protected] | Marcin Bogdanowicz (Business Development Executive), [email protected]
Press: Marcin Bogdanowicz (Business Development Executive), [email protected]
How they describe themselves: Silicon Valley-based Finalytics.ai is the first platform to apply real-time big data and machine learning in a way that creates a segment of one experience that addresses the unique needs of prospective members, new members, and customers of community financial institutions. The Finalytics.ai platform dynamically segments incoming information from multiple sources and then presents curated content unique to that person. This allows institutions to compete more effectively, drive member and customer acquisition and improve retention.
How they describe their product/innovation: The Finalytics.ai platform utilizes machine learning to power real-time analysis of multi-faceted data from external and internal sources to deliver a segment of one digital experience to consumers and clients visiting a financial institution’s website. The platform is a turnkey solution purpose-built for financial institutions that deliver results in weeks rather than months or years. The platform’s flexibility along with our software and service approach, allows financial institutions to tailor to their specific goals.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Contacts:
Bus. Dev.: John McKenna (VP), [email protected]
Press: Michael Carter (CMO), [email protected], 901-907-2359
How they describe themselves: °neo by Five Degrees was founded in 2019 with a mission to support financial products for banks and lenders that want seamless SaaS loan management technology.
The °neo core banking platform was built for the cloud from the ground up to continue to allow our clients to meet ever-changing market demands.
°neo combines a deep knowledge of banking, years of experience, and outstanding technological expertise.
How they describe their product/innovation: °neo is the next-gen core banking system offering a wide variety of financial products, standard banking processes and enables a full 360 view on customers, companies, products and their relations.
It enables financial institutions to create banking-grade experiences for their customers in a faster, flexible and cost-efficient way.
Our best-in-breed ecosystem helps shorten time to market by leveraging other fintechs’ services through REST APIs and events.
Product distribution strategy: Through other fintech companies and platforms, licensed
Contacts:
Bus. Dev.: Maurits van Schooneveld (Head of Business Development), [email protected], 0031651514010
Press: Annika Kiestra (Head of Marketing), [email protected]
