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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
Stablecoin payments provider MANSA has secured $10 million in funding.
Of today’s investment, $3 million in pre-seed funds come from Tether and Polymorphic Capital, and an additional $7 million are from institutional investors.
MANSA will use the funds to expand into Latin America and Southeast Asia.
Stablecoin-based payments solutions company MANSA has raised $10 million to help payment companies alleviate global liquidity challenges.
The $10 million consists of $3 million in pre-seed funds co-led by Tether and Polymorphic Capital with participation from Faculty Group, Octerra Capital, and Trive Digital. The additional $7 million comes from institutions, including corporate investors, quantitative funds, and alternative investment firms.
“Securing $10 million in pre-seed and liquidity funding marks a significant milestone in our mission to transform the way money moves. By bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions — making payments faster, cheaper, and more reliable worldwide,” said MANSA CEO and Co-Founder Mouloukou Sanoh. “This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments.”
MANSA will use the funds to support its expansion into Latin America and Southeast Asia, regions where liquidity challenges hinder cross-border transactions. The company plans to scale its liquidity infrastructure and develop strategic partnerships by expanding the reach of its cross-border payments liquidity solutions.
Co-founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA offers stablecoin-powered liquidity solutions that help reduce prefunding requirements and enable instant settlement across markets. The company helps optimize treasury management by ensuring that liquid funds are always available when and where they are needed.
“MANSA’s vision for addressing liquidity challenges in cross-border payments aligns with our mission to create a more efficient and inclusive financial system. By leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical pain points for payment companies operating in emerging markets. We are proud to collaborate with MANSA and support their efforts to reshape global payment infrastructure,” said Tether CEO Paolo Ardoino.
MANSA launched in August of 2024 and has since focused on building partnerships with major payment companies across Africa, Asia, and South America. These partnerships have resulted in MANSA processing $27 million in transaction volume, with nearly $11 million of that on-chain transaction volume occurring in January.
Live Oak Bank has enhanced its commercial and small business banking services by partnering with Finzly for its Fedwire solution.
Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations.
Finzly is a two-time Finovate Best of Show award winner. The company most recently demoed its technology at FinovateSpring 2022 in San Francisco.
Payment and financial solutions provider Finzly announced this week that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution. The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule.
Fedwire is a real-time electronic funds transfer system operated by the Federal Reserve Banks, enabling financial institutions to send and receive money. It is the main network in the US used by businesses and government agencies for large and/or time-critical payments. ISO 20022 refers to a new message format that will be adopted by the Fedwire Funds Service on July 14, 2025, four months later than the initial deadline of March 10 established in June 2022. The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing.
Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments. The technology leverages Finzly’s pre-wired, tested, and certified connections to the Fed to keep banks and other financial institutions a step ahead when it comes to implementing Fedwire, complying with ISO 20022 standards, and launching new value-added services. Banks benefit from not only faster settlements, streamlined payments, and automation of key tasks, but also from the ability to seamlessly support multiple cores. This enables banks to process transactions across multiple core systems while integrating with digital banking, Office of Foreign Assets Control (OFAC), and fraud monitoring via open APIs.
“This partnership with Finzly gives our payment infrastructure the flexibility to adapt to customers’ needs, while also allowing us to streamline operations for our internal teams,” Mark Moroz, Live Oak Bank Head of Deposits and Payments, said. “With 100% STP in Fedwire processing and seamless multi-core integration, we are positioned to set new benchmarks in speed, efficiency, and customer experience.”
Headquartered in Wilmington, North Carolina, Live Oak Bank is a cloud-based digital bank that serves small businesses throughout the US. One of the largest SBA 7(a) lenders by dollar volume, Live Oak Bank initially specialized in providing financing for niche businesses such as veterinarians and dentists. Today, Live Oak Bank has more than $12 billion in assets as of Q4 2024 and is publicly traded on the NYSE under the ticker LOB. Founded in 2008, Live Oak Bank has a market capitalization of $1.49 billion.
“We are proud to partner with Live Oak, a bank led by visionary leaders, offering modern, connected banking services for its customers,” Finzly founder and CEO Booshan Rengachari said. “Our partners at Live Oak Bank are committed to delivering the best solutions without compromise. We are excited to support them in this mission.”
Two-time Finovate Best of Show winner Finzly most recently demoed its technology on the Finovate stage at FinovateSpring 2022 in San Francisco. At the conference, the North Carolina-based fintech showed how its bank operating system, FinzlyOS, enables organizations to quickly launch a modern, new digital bank from scratch. The bank featured direct connections to all payment networks, including ACH, wires, RTP, FedNow, and Swift, as well as a multi-currency general ledger, low-code customer-onboarding forms, online experiences, and more.
Live Oak Bank is only the latest partnership announced by Finzly this year. In February, the company reported that San Antonio, Texas-based Vantage Bank had chosen its unified payment hub to consolidate and future-proof its payment infrastructure. A family-owned community financial institution with a commitment to innovation and a strong focus on international services, Vantage Bank has $4.5 billion in assets. Also, at the beginning of the year, Wings Credit Union, Minnesota’s largest credit union with more than $9.3 billion in assets, announced that it was going live on Finzly’s Fedwire platform.
Digital investment platform Scalable Capital has teamed up with BlackRock to make it easier for investors in Germany to add private equity investments to their portfolios.
The partnership will make Scalable Capital the first digital investment platform to enable investors to participate in the BlackRock Private Equity Fund.
Headquartered in Germany, Scalable Capital made its Finovate debut at FinovateEurope 2016 in London.
A new partnership with BlackRock will enable Scalable Capital to offer its customers in Germany access to alternative investments, including in private equity. The new offering will provide access to investments in companies that are not listed on stock exchanges, giving non-professional investors the benefit of potentially higher returns and greater diversification previously available only to a few.
“For decades, investing in private companies was reserved for institutions and the ultra-wealthy,” Scalable Capital CMO Maximilian Meyer wrote on LinkedIn this week. “Not anymore. Scalable Capital is making Private Equity accessible – in partnership with BlackRock.”
Scalable Capital will be the first digital investment platform to offer access to the BlackRock Private Equity Fund. The fund consists of co-investments in which majority stakes in private companies around the world are acquired together with a network of private equity managers. The fund differs from many other private equity funds insofar as it is an open-end fund, rather than closed-end. This, among other things, enables investors to redeem invested capital more regularly than they would with a closed-end fund. Further, returns and dividends are reinvested by the fund, which can provide greater compound interest and higher returns over time.
A minimum one-off investment of €10,000 is required to invest in the BlackRock Private Equity Fund but, after that commitment is made, investors can use the fund as part of a savings plan. To support access to the new asset class, Scalable Capital has enhanced its platform with a fully digitized suitability check, a two-week revocation option for purchase orders, and a comprehensive range of information to help investors make informed investment decisions.
The partnership between Scalable Capital and BlackRock comes at a time when the demand for private equity is growing. Especially for investors with a longer time horizon, private equity investment can provide both portfolio diversification as well as high return potential. In its partnership announcement, Scalable Capital noted that private equity has produced nearly 15% annual growth in US dollars over the past 20 years, outperforming the MSCI World Index. The company noted additionally that compared to a traditional portfolio with an asset mix of 60% stocks and 40% bonds, the inclusion of up to 20% in private market investment can provide a superior risk/reward profile as well.
“As alternative investments such as private equity are becoming increasingly relevant for participation in economic growth, we now make them accessible to investors,” Julius Weller, Vice President Broker at Scalable Capital, said. “With the expansion of our investment platform to include this segment, clients gain access to the high return potential of private companies. We also achieve the favourable terms and simple handling for private equity that Scalable Capital is known for.”
Scalable Capital made its Finovate debut at FinovateEurope 2016 in London. In the years since then, the Munich, Germany-based company has become a leading digital investment platform in Europe. More than €27 billion is held on Scalable Capital’s platform by more than one million customers.
BlackRock is a leading provider of investment, advisory, and risk management solutions. The company is also the world’s largest asset manager with $11.5 trillion in assets under management, $40 billion of which are in alternative assets. Founded in 1988, BlackRock is headquartered in New York.
How can banks and financial services providers ensure that their loyalty programs are in sync with consumer behaviors and preferences? What is a loyalty ecosystem and how can financial institutions benefit from being a part of one?
We caught up with Becky Hill, President of Vanson Technology Services and former Senior Vice President of Loyalty at U.S. Bank. In our extended conversation – in partnership with William Mills – we discuss the power of loyalty in fostering long-term relationships and better customer engagement in financial services.
We also discuss loyalty when it comes to relationships between companies and their employees, and how engagement and sales incentive programs can help them retain top talent and develop greater organizational resilience.
Founded in 1997, Vanson Technology Services specializes in technology and software solutions for loyalty, channel incentive, and employee engagement programs. The Minneapolis, Minnesota-based company offers capabilities in points earning technology, fulfillment catalog management, email communications, site and data management, customer service and support, reporting, and more.
Tell us more about your professional experience. What were some of your major accomplishments and career highlights while working at U.S. Bank?
Becky Hill: Before joining Vanson Technology Services last summer, I spent most of my career in U.S. Bank’s payments division. Initially, I supported the credit card acquisition strategy for the bank’s consumer and small business programs. This gave me a solid understanding of the credit card profit and loss (P&L), which helped me gain insights into what drives consumer behavior and how to capture their interest. I learned that people expect banks to simplify complexities for them and that offers need to clearly show their value and benefits.
Later, my responsibilities included managing all aspects of the bank’s Rewards platform for internal and co-branded credit card programs that included a variety of cards like Cash+, FlexPerks, Fidelity and Harley-Davidson. I would partner with program managers to support acquisition, attrition, benefit, and redemption strategies to keep the bank’s cards top-of-wallet.
Why is it important to shape your loyalty programs around consumer behaviors and preferences?
Hill: Understanding consumer behavior is key to designing effective loyalty programs because people value convenience and consistency. Loyalty programs work best when they’re simple and easy to navigate, especially when it comes to redeeming rewards. Over the years, these programs have become more sophisticated but keeping them clear and straightforward is still the key to success.
How would you define a loyalty ecosystem?
Hill: A loyalty ecosystem brings together programs, technology, and partnerships to engage and reward customers and employees. It’s about simplifying the process while delivering meaningful value. For Vanson, this means offering an easily configurable rewards platform that helps companies transform their incentive programs into formal campaigns that drive employee motivation, enhance performance and longevity, and build brand loyalty. We believe a successful loyalty ecosystem is built on understanding behavior and providing clear, flexible incentives. It’s not just about rewards — it’s about fostering long-term relationships through transparency, simplicity, and thoughtful execution.
How can financial institutions be part of the loyalty ecosystem?
Hill: Financial institutions can play a key role in the loyalty ecosystem by partnering with loyalty platform providers to offer their clients Prepaid Rewards cards. These cards give consumers the flexibility to spend as they choose, while financial institutions can capitalize on revenue opportunities, such as interchange fees.
How is this ecosystem evolving in the near future?
Hill: Technology is always evolving, and loyalty programs will continue to focus on streamlining the end user experience for ease and convenience. Loyalty platforms will need to be flexible and have the capabilities to provide a variety of offerings from redemptions selection, gamification, educational lessons, experiences, and personalized communication strategy. Customer-centricity will continue to be a big part of the loyalty program technology evolution, especially as the industry starts to utilize AI-driven analytics to engage members.
Let’s talk about within companies. What does an effective employee and sales incentive program entail?
Hill: An effective employee engagement and sales incentive program requires the right technology. The technology should be straightforward, flexible, and tailored to support the specific needs of the program. It should be easy to implement, quick to deploy, and designed to drive engagement and performance without unnecessary complexity. Vanson offers a technology platform with configurable tools that provides self-administer options to drive results.
Equally important is having the right partner. A good partner provides valuable support throughout the journey, helping companies configure rewards to fit their unique needs and assisting with add-ons like developing email campaigns and enhancing engagement strategies. Together, the right technology and partnership can create a successful program.
Why should a company consider offering employee engagement and sales incentive programs?
Hill: Offering employee engagement and sales incentive programs is critical for retaining top talent and ensuring the resilience of your organization. People are motivated by more than just salary — they value recognition, work-life balance, and meaningful benefits. Incentive programs don’t have to be complex; even simple, day-to-day recognition can go a long way. It’s about creating a program that works for all employees, not just a select few. However, implementing these programs requires a cultural shift within the organization, combining both a change in mindset and the right technology to support it. Focusing on your employees’ needs and making them feel valued is key to long-term success.
You joined Vanson Technology Services less than a year ago. What tips and guidance can you provide other professionals who are transitioning industries?
Hill: I’ve had the unique opportunity to work on both the client side and now the vendor side of Loyalty programs across multiple industries. Being on this side — with firsthand knowledge of client expectations — has pushed me to think differently about what we deliver and how we meet client expectations. It’s also opened the door to more strategic conversations, like helping other loyalty companies within CORA Group’s portfolio expand into new verticals. At the end of the day, it’s about maintaining strong networks and staying open-minded to new opportunities.
What is your biggest piece of professional advice?
Hill: Always stay true to yourself and uphold your integrity. Take the time to identify the key decision-makers and those who truly understand what’s happening within your organization. Knowing who can make decisions and offer support is crucial — otherwise, you risk getting caught in unnecessary red tape. Building strong relationships and trust with your peers is essential, as effective leadership relies on the two-way flow of information. Above all, remain focused on what will move the business forward.
A look at the companies demoing at FinovateEurope in London on February 25. Register today using this link and save 20%.
AQ22
AQ22 is an agentic banking orchestration platform automating financial workflows, from credit assessment and compliance to investment management and debt collection, helping banks streamline decision-making.
Features
AI-driven automation: Streamlines credit, investment, and compliance.
Seamless integration: Connects with any banking system.
Deriskly helps financial services firms improve customer experience, automate compliance, and enhance trust through better communication and complaint analysis with safe and explainable AI.
Features
Enhances customer experience by improving communication clarity
Automates compliance with regulatory and brand guidelines
Identifies complaint patterns to drive better product decisions
Who’s it for?
Banks, financial services firms, insurers, and fintech companies.
Homely
Homely is an end-to-end, AI-powered digital journey for first-time buyers, empowering them to realize the dream of home ownership.
Features
Homely offers a unique, hyper-personalized AI-powered journey to realize home ownership.
Who’s it for?
Retail banks, businesses offering Homely to their employees, and individuals.
Neural Defend
Neural Defend is an AI-agentic deepfake detection startup founded by MIT researchers combating the $10.5 trillion global financial fraud problem with their patent pending algorithm.
Features
Delivers AI Agentic deepfake detection
Offers a multi-modal solution with audio, video, image, and expression detection
Provides real-time detection
Who’s it for?
Digital banks, fintechs, EKYC, verification companies, onboarding companies, insurance companies, media channels, dating companies, and government agencies.
Tweezr
Tweezr is an AI-powered surgical code assistant that pinpoints where developers should make changes across millions of lines of legacy code without breaking critical functionality.
Features
Delivers faster time-to-market for changes in legacy systems
Produces higher developer productivity in legacy environments
Obviates the need to launch the next ~$1B modernization program
Who’s it for?
Any financial institution with a complex legacy IT estate.
Partnerships and collaborations in the payments space lead fintech headlines at the beginning of this holiday-shortened week. Be sure to check Finovate’s Fintech Rundown all week long for the latest updates in fintech and financial services.
Payments
Account-to-account (A2A) payment infrastructure provider Token.ioteams up with payment orchestrator Fabrick.
InComm Payments collaborates with Mastercard to offer Mastercard “Give Hope” gift cards in support of the American Red Cross.
This year at FinovateEurope 2025, our 32 demoing companies represent a baker’s dozen of countries from around the world. Of the 32 companies, nine are headquartered in the UK, and seven of them are making their Finovate debuts this year.
Last year, FinovateEurope featured companies from 15 different countries. This year, we’re thrilled to see a similarly diverse group. Here’s where the rest of our FinovateEurope 2025 demoing companies are based.
FinovateEurope is right around the corner: 25-26 February at the Intercontinental O2 in London. Friday, 14 February is the last day to take advantage of big, early-bird savings on the price of your ticket. If you haven’t registered yet, visit our FinovateEurope hub today and save your seat!
Here is our look at fintech innovation around the world.
Middle East and Northern Africa
Tabby, a financial services and shopping app in MENA, announced a $160 million Series E funding round that brought the company’s valuation to $3.3 billion.
Qatar-based Islamic financial institution Al Rayan Bank partnered with financial software application provider Finastra to launch its new Islamic core banking solution.
Israel fintech BitStock raised $400,000 in seed funding.
Central and Southern Asia
The Banker featured Golomt Bank and the rise of open banking in Mongolia.
Indian digital payments firm ToneTag secured $78 million in new funding.
Rippleteamed up with Portuguese currency exchange provider Unicâmbio to support cross-border payments between Portugal and Brazil.
Brazilian payments and banking technology provider Dock introduced new Chief Technology Officer Thiago Teixeira.
Latin American global collections firm Takenos launched its Spicy Card, enabled by Pomelo, in Argentina.
Asia-Pacific
Malaysian Earned Wage Access (EWA) specialist Payd raised $400,000 in an extension of its seed funding round.
New Zealand’s Inland Revenue service issued a Request for Information (RFI) as part of an effort to influence the growth of open banking in the country.
Bangladesh-based commercial bank Trust Bank teamed up with TerraPay to help students pay tuition fees.
South African fintech Stitch acquired ExiPay, a company that enables brick-and-mortar stores to securely accept in-person payments via point-of-sale (POS) terminals.
Advanced Television looked at the evolution of South African fintech marketing.
Central and Eastern Europe
Berlin-based invoicing and payables automation management platform Monite unveiled iFrame solution to help SMB platforms deliver financial products and services.
TransUnion is partnering with Credit Sesame to launch a freemium credit education platform.
The new platform will give U.S. consumers daily access to their credit score, tailored financial offers, and premium credit monitoring services.
By leveraging Credit Sesame’s expertise in the freemium credit space, TransUnion expects to increase consumer engagement and grow its direct-to-consumer business.
Credit protection platform TransUnion and consumer credit management company Credit Sesame have teamed up this week. TransUnion has tapped Credit Sesame to launch a direct-to-consumer, freemium credit education solution for US users.
TransUnion is positioning the new credit education solution as an “experience” that will be integrated with premium credit monitoring services. The new tool will bring consumers their daily credit score and report from TransUnion and offer them access to third-party financial offers that are tailored to their individual goals and credit profile.
TransUnion’s US consumers will have access to the new platform beginning in the first half of 2025.
“Personal empowerment is a key component of our commitment to Information for Good,” said TransUnion President of US Markets Steve Chaouki. “By providing a free-first experience that includes financial offers, we engage with more consumers, enabling them to better understand their financial situations and take action to manage their financial futures. By integrating our freemium offering with our enhanced premium credit and identity monitoring services, we expect to deliver a more expansive product offering to consumers and position our direct-to-consumer business for sustainable growth.”
Credit Sesame was founded in 2010 to show consumers their daily credit score, credit report summary, and credit monitoring alerts. In 2020, the California-based company launchedSesame Cash, digital banking tools, including a pre-paid debit card and credit builder solution.
Headquartered in Chicago, Illinois, TransUnion provides tools to help businesses and consumers assess creditworthiness, detect fraud, and make informed financial decisions. The company operates in more than 30 countries, helping organizations manage risk and empowering consumers with access to credit and wealth-building tools.
“We’re committed to empowering consumers to take charge of their financial health,” said Credit Sesame CEO Adrian Nazari. “We have a track record of success in the freemium credit space, helping millions of Americans effectively manage their credit and create better opportunities for themselves and their families. By leveraging our Sesame platform, we expect that TransUnion will be able to deeply engage consumers and support them in achieving their financial goals.”
Corporate payments company Corpay launched multi-currency accounts.
The new multi-currency accounts allow businesses to receive, hold, and pay in 12 currencies through dedicated accounts.
Corpay joins a long list of fintechs, including Wise and Revolut, that offer multi-currency accounts.
New York-based corporate payments company Corpayannounced it has added multi-currency accounts to its business offerings. The new offering will enable businesses to expand globally and manage their foreign currency from a single place.
Corpay offers accounts payable automation tools, commercial card solutions, and cross-border tools such as multi-currency risk management and global invoice automation. The company serves 800,000 businesses and organizations across a range of industries. Today’s launch will help businesses transacting in foreign currencies simplify their treasury management in a single place instead of opening and managing multiple foreign bank accounts.
“Our goal is to continuously develop solutions that transcend borders, allowing for seamless international operations,” said Corpay Cross-Border Solutions Chief Product & Digital Innovation Officer Tim Watson. “After meticulous development that integrates our customers’ feedback and industry insights, our centralized account solution caters to the needs of businesses engaging in overseas markets across diverse jurisdictions and currencies. It streamlines account opening and management across multiple currencies and countries, simplifying complexity and allowing our customers to focus on their business first.”
The multi-currency accounts allow companies to receive and pay out in 12 currencies via a dedicated account in their business’ name. On the backend, the business will see a unique account assigned to each currency that the accountholder trades. This simplifies the payments and receivables process and lowers the barriers to enter global markets.
Corpay is launching the new multi-currency accounts after completing pilot testing and adjusting the tool based on customer feedback. “The development of Multi-Currency Accounts has been a collaborative effort with our customers, and their buy-in and willingness to provide feedback has been instrumental,” said Corpay Cross-Border Solutions Group President Mark Frey. “Through our ongoing commitment to client centricity and addressing their needs, we have dedicated ourselves to continuous industry research and competitor analysis, while also constantly gathering invaluable feedback from our customers. Ultimately, our goal is not only to create a best-in-class product, but also to enhance the future success of our clients.”
Launching multi-currency accounts places Corpay in the company of Wise, Revolut, Payoneer, Airwallex, Finzly, and others who also offer multi-currency accounts. Unlike many of the competitors, however, Corpay differentiates itself by offering a wide range of treasury management solutions.
Founded in 1992, Corpay is publicly traded on the New York Stock Exchange under the ticker CPAY with a market capitalization of $25.5 billion. In addition to its corporate payments arm, the company also offers products and services in vehicle payments and lodging payments.
ION Commodities and tax compliance automation company Avalara have forged a strategic partnership.
The partnership will integrate ION Commodities’ commodity management platform with Avalara’s AvaTax for Energy tax engine solution.
Headquartered in Durham, North Carolina, Avalara made its Finovate debut in 2015 at FinDEVr Silicon Valley.
Energy and commodity management solutions provider ION Commodities and tax compliance automation innovator Avalaraannounced a strategic partnership this week. ION Commodities has joined Avalara’s Partner Program to standardize integration of its technology with Avalara’s AvaTax for Energy tax engine solution.
“Tax compliance is one of the most onerous factors impacting energy and commodities enterprises, and their ability to scale and operate efficiently,” Avalara Vice President and General Manager Steve Lacoff said. “Our partnership with ION gives mutual customers in these sectors a greatly simplified path to compliance automation, with reduced compliance risk, and greater operational efficiency.”
Avalara’s AvaTax for Energy tax engine solution helps firms manage the complexities of tax compliance in energy trading and logistics. The energy markets typically feature complex and dynamic tax rates and rules across multiple jurisdictions. Keeping pace with regulatory requirements — including monthly filing requirements — is operationally costly. What’s worse is that attempts to shortcut these costs “can lead to tax errors and risk significant fines and penalties,” Avalara noted in a recent whitepaper, Fuel Tax Compliance Best Practices.
AvaTax for Energy calculates energy excise taxes for firms ranging from the smallest fuel distributors, energy traders, and mobile refuelers to the largest oil, gas, and chemical companies. The integration between Avalara’s compliance automation and ION Commodities’ commodity management platform will give energy companies an automated, scalable tax compliance solution that improves accuracy, reduces reliance on manual processes, and enables real-time tax calculation.
“Collaborating with Avalara aligns with our mission to deliver comprehensive, integrated solutions for the energy and commodities industry,” ION Corporates CEO Sunil Biswas said. “This partnership enhances our offering with advanced tax compliance capabilities, empowering our community to navigate the complexities of tax regulations with confidence.”
With more than 1,200 clients, ION Commodities provides data-driven energy and commodities trading and risk management solutions across the supply chain. The company’s Energy Trade and Risk Management (ETRM) and Commodity Trading and Risk Management (CTRM) solutions give customers real-time risk analytics and reporting and automate critical business processes to enable faster, more informed decisions. Headquartered in New York, ION Commodities is a division of London-based financial data and software company ION Group.
Avalara introduced itself to Finovate audiences in 2015 as part of Finovate’s developers conference, FinDEVr Silicon Valley. Headquartered in Durham, North Carolina, and founded in 2004, Avalara offers automated tax compliance solutions that boost efficiency and accuracy, streamlining the experience for customers and simplifying tax management for businesses. According to a study by Forrester Consulting, Avalara customers have benefitted from a 90% increase in tax research efficiency, a 50% reduction in time spent on exemption certificate management, an 85% increase in audit preparation efficiency, and an 85% reduction in time spent managing tax returns. Scott McFarlane is co-founder and CEO.
Discover the best practices top financial leaders use to become more impactful in their firms.
Financial services Chief Financial Officers (CFOs) are navigating a complex landscape of rapid technological advancements, increasing regulatory demands, and the necessity for agile financial strategies.
As their roles evolve into Chief Financial Growth Officers (CFGOs), leveraging cutting-edge technology to drive innovation and efficiency has never been more important.
Watch this webinar with Kirsty Scotland and Ruhul Moksud to learn about:
The impact of AI and machine learning on financial leadership specifically in financial services firms
Driving efficiency through automation and process improvements
If you are a subscriber to Finovate Weekly, our LinkedIn-based newsletter of top stories from the Finovate blog, then you’ve already heard the news. But if not, then we’re thrilled to share it with you right here today: FinovateEurope2025 will feature a full, 32-company roster at our upcoming fintech conference in London, on 25-26 February.
“Our FinovateEurope conference will feature a diverse lineup of startup companies,” Finovate VP and Demo Director Heather Stowell said. “A key commonality among them is AI. But expect to see a number of different AI and automation use cases nested within core banking, wealth management, payments, fraud, and compliance.”
Finovate’s signature, live fintech demonstrations continue to be a much-imitated hallmark of Finovate conferences. With only seven minutes at their disposal and a hard and fast “no videos, no slides” rule, Finovate’s live demos are a unique opportunity for innovative fintechs and financial services companies to show — not tell — our audience of professionals exactly how their innovations help banks and other businesses solve critical problems, grow revenues, and access new markets and customers.
“This is an exciting year for demos at Finovate,” Stowell added. “Over 80% of the FinovateEurope demoing companies are less than five years old and are demoing at Finovate for the first time. We’re looking forward to seeing their latest innovations live on stage.”
To learn more about the companies that will be demoing at FinovateEurope this month, Finovate’s Sneak Peek series is a great place to start. Find out about the challenges being solved, key features, what businesses stand to benefit from their innovations, and more.
This Friday is your last chance to take advantage of early-bird savings of up to£200.00 when you register to attend FinovateEurope. Don’t delay! Visit our FinovateEurope hub today and save your spot!
