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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Ocrolus plans to demo how a lender would use their full suite of capabilities end-to-end in an optimal way to be “the best SMB lender ever.”
Features
Delivers highly-accurate document capture data
Provides fraud detection with visual and programmatic identification of suspicious document edits
Includes cash flow analytics
Why it’s great
Ocrolus empowers lenders to digitize and automate their lending processes while making smarter decisions. Businesses can become “the best lender ever” with the company’s end-to-end capabilities.
Presenter
David Snitkof, SVP of Growth Snitkof is an accomplished technology entrepreneur and data/analytics leader who leads Ocrolus’ growth team, overseeing the company’s product, growth and brand marketing efforts. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Nymbus SMB is a solution designed to augment the interactions between financial institutions and small to medium-sized businesses (SMBs).
Features
Fill the gap in self-service capabilities and integrated digital banking tools
Launch alongside existing banking systems, minimize disruptions and maximize efficiency
Fully support SMB growth goals
Why it’s great
Unlock SMB success with Nymbus SMB, seamlessly deploying tailored solutions alongside existing operations, optimizing efficiency and positioning businesses as a strategic partner for their clients.
Presenters
Drew Dizon, EVP of Partnerships Dizon is a fintech expert helping banks and credit unions overcome legacy technology limitations, enabling speed, time to value, accountability, and impactful innovation. LinkedIn
Brian Koenig, VP, Director of Business Solutions Koenig is a fintech professional specializing in digital banking, treasury services, risk management, and payments. He drives success for financial institutions at Nymbus. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
SupraFin offers crypto investment and risk intelligence solutions to help organizations assess and invest confidently in crypto. The company offers a crypto wealthtech platform, crypto ratings, and crypto research.
Features
Recommends crypto-baskets based on intelligent and fundamental crypto algorithms
Delivers crypto ratings that assess the riskiness of each crypto
Provides crypto research to explain the crypto ratings
Why it’s great
SupraFin’s crypto-recommended portfolios have outperformed the market, and their crypto ratings predicted the collapse of Terra/Luna/UST and FTT/FTX.
Presenter
Liliana Reasor, President Reasor is an entrepreneur with 20 years of crypto, risk, and investment management analytics, complex securities analysis and trading, and portfolio management software experience from tier-one financial institutions. LinkedIn
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
QuickFi’s latest e-commerce technology allows business borrowers to shop and consummate financing for business equipment – all within minutes, instead of days or weeks.
Features
Embeds easily into lender or manufacturer’s website
Offers 100% digital, borrower self-service, and accessible 24/7
Provides automated credit, contract structuring, and business verification
Why it’s great
With this latest technology, banks and manufacturers can now offer a combined online shopping and financing experience that is 100% digital, fully self-service, and able to be completed in minutes.
Presenters
Nate Gibbons, CXO Gibbons oversees QuickFi’s customer experience strategy, leveraging automation and technology to enable dramatic improvements to the borrower experience. LinkedIn
Jillian Munson, VP, Process & Automation Munson leads core technology projects at QuickFi. She develops seamless user experiences for both internal and external business processes. LinkedIn
Embedded finance solution provider upSWOT announced a pilot partnership with NerdWallet Small Business.
The partnership will combine upSWOT’s embedded finance tools with NerdWallet Smart Business’ financial guidance.
upSWOT most recently demoed its technology at FinovateSpring 2023.
White-label embedded finance innovator upSWOT has teamed up with NerdWallet Small Business. The pilot partnership combines upSWOT’s embedded finance tools with NerdWallet Smart Business’ financial guidance to support small businesses.
“As a platform that provides financial guidance to consumers and small and mid-sized businesses, we recognize the unique challenges small business owners face,” NerdWallet Small Business General Manager Brandon McDonough said. “By partnering with upSWOT through this pilot, we will integrate tools and resources that help simplify small business owners’ financial decisions and fuel their growth and success.”
upSWOT leverages data from more than 200 SaaS business applications and banking platforms to provide its clients with personalized business insights. upSWOT’s embedded finance tools work with banking, ecommerce, payroll, marketing, accounting and other subscription-based technologies typically used by small businesses. The insights derived from these sources enable business leaders to see trends and performance across their customer base. This in turn empowers them to make smart decisions to enhance engagement, build loyalty, and reduce churn.
upSWOT CEO Dmitry Norenko praised Nerdwallet Small Business for its commitment to “transform the way financial services are delivered to small businesses” – a commitment shared by upSWOT. “Together, we will provide small business customers with the tools and resources to thrive in today’s competitive business environment,” he said.
Founded in 2019, upSWOT most recently demoed its technology at FinovateSpring earlier this year. The Charlotte, North Carolina-based company announced partnerships with fellow Finovate alums Alkami and Jack Henry in May. This spring, the company announced that it was teaming up with financial data access network Akoya. The partnership with Akoya will link small businesses via secure API to accounts at large U.S. banks. These financial institutions include Bank of America, Wells Fargo, TD Bank, Fidelity Investments, Truist and more.
upSWOT has raised more than $4 million in funding. Common Ocean Ventures and First Southern National Bank are among the company’s investors.
Thought Machine has partnered with SME lending solutions provider Cordada.
Cordada will use the product library of Thought Machine’s Vault Core to offer customized products to SME lenders and fintechs.
Today’s tie-up, along with a recent partnership with C6 Bank in Brazil, strengthens Thought Machine’s presence in Latin America.
Core banking technology provider Thought Machineannounced this week it is partnering with Chile-based Cordada.
Under the partnership, Cordada will use Thought Machine’s core banking platform, Vault Core, to offer Latin American SME lenders and fintechs access to personalized financial tools. More specifically, Cordada will modify and tailor products in Thought Machine’s global product library that contains pre-built, ready-to-use smart contracts. This customization will enable Cordada to offer localized products to its customer base while supporting multi-currency assets.
“Vault Core will enable us to create highly differentiated financing products quickly and effortlessly without depending on the Thought Machine team,” said Cordada Cofounder and CEO Andrés Prats. “This, in turn, will empower the next generation of SME lenders to develop modern solutions as they tackle the great challenge of bridging the $1 trillion financing gap for SMEs in Latin America.”
Cordada, which currently has partnerships in Chile, Peru, and Mexico, will also use Vault Core to expand its services into new Latin American markets. Since it was founded in 2019, Cordada has deployed $3 billion in capital to lenders via 60 lenders and fintechs, ultimately impacting 5,500 SMEs across Latin America.
U.K.-based Thought Machine has raised $563 million in funding since it was founded in 2014. The company offers two main products: Vault Core, a tool that leverages smart contracts to help organizations design and build new financial products; and Vault Payments, a payments processing platform that enables banks to run all payment types for different payment methods, schemes, and regions across the globe.
Among Thought Machine’s clients are Lloyds Banking Group, Standard Chartered Bank, Intesa Sanpaolo, and Curve. Today’s partnership further fuels the company’s presence in the Latin American region, following a recent partnership with C6 Bank in Brazil.
Fintech software plays an instrumental role in the financial services industry today, facilitating customer access to financial products in a manner that enhances operational efficiency and suits individual needs. The advent of digital technology continues to transform financial institutions’ operations, pushing developers to innovate new applications that can efficiently handle tasks previously distributed over numerous systems and software.
Among these capabilities, document viewing and sharing features stand out as vital for fintech applications. Developers often resort to a range of document lifecycle solutions to circumvent the complexity of building these functionalities from scratch. However, the financial industry faces unique challenges related to security and compatibility when choosing integration partners. Understanding the critical role Java plays in contemporary fintech application development is imperative to truly grasp these technical hurdles.
Why Java Is a Vital Component of Fintech Applications
As a versatile and robust programming language, Java is renowned for its widespread use across many industries, with the finance sector being one of its prominent areas of application. Its popularity is attributed to several intrinsic features that particularly suit the demands of the finance industry. Among these are its scalability, security, and platform-independent nature. In an industry where data is vast, sensitive, and continually growing, Java’s scalable framework allows for the easy handling of increased data loads and user requests.
The robust security features Java offers are crucial for financial applications that handle high-value data that is frequently targeted by cybercriminals. Java is also a platform-independent language, which ensures that financial applications can function seamlessly across different operating systems, thus enhancing their accessibility and usability. This unique blend of capabilities has made Java the preferred programming language of developers operating in the financial services industry.
Why Financial Applications Need Document Viewing and Sharing Capabilities
Document viewing and sharing capabilities are of paramount importance in the financial services industry due to several reasons. These applications often deal with an array of complex and sensitive information, such as transaction histories, financial reports, regulatory documents, and personal client data. Effective document viewing and sharing capabilities allow for seamless access to this crucial information, enabling users to make informed decisions swiftly.
Viewing and sharing features also foster enhanced collaboration among team members, as they can easily share and discuss relevant documents. Given the sensitive nature of financial data, secure document viewing and sharing is essential to protect this data from unauthorized access. Effective and secure document viewing and sharing capabilities not only enhance the efficiency and productivity within the financial services industry but also play a critical role in maintaining data security and integrity.
4 Key Benefits of Java-Based Viewing Integrations
There are a number of reasons why integrating Java-based solutions for document viewing and sharing directly into fintech applications is beneficial for developers and financial services organizations.
1. Enhanced Security
Security is a paramount concern in the development and deployment of financial applications, and leveraging Java-based viewing integrations can play a significant role in enhancing this aspect. The integrations can serve as a safeguard, acting as a centralized location for document viewing and thus offering an extra layer of protection to sensitive information. With financial data typically including a vast range of confidential and highly valuable details, the potential for unauthorized access is a considerable risk.
Java-based viewing integrations can substantially mitigate these threats. By consolidating document viewing into a single, secure platform, it becomes substantially more challenging for unauthorized users to gain access to sensitive documents. Consequently, the application becomes more robust in terms of its security framework, providing users with greater confidence in the protection of their data.
2. Greater Efficiency
Efficiency is a crucial factor in the overall user experience and performance of financial applications, and the implementation of Java-based viewing integrations can significantly enhance this area. The traditional process often requires users to open and close external document viewers, a procedure that can be cumbersome and time-consuming. However, with the integration of a Java-based document viewer, this extra step can be eliminated.
Viewing documents directly within the financial application itself reduces the need for constant switching between different software interfaces. This streamlining of the viewing process saves valuable time, reduces the potential for user errors, and enhances the overall productivity of the end user. Therefore, incorporating Java-based viewing integrations in financial applications not only simplifies the workflow for users but also creates a more streamlined and efficient user interface, leading to improved productivity and a better user experience.
3. Improved Scalability
Scalability is a critical feature that is imperative for the growth and evolution of financial applications, and the incorporation of Java-based viewing integrations can serve as a vital tool to cater to this requirement. Financial organizations continually grow and change, and the amount of data they manage and the number of customers they serve can exponentially increase over time. In such scenarios, it’s crucial that fintech software can scale effectively to meet these expanding demands.
Java-based viewing integrations excel in this area by being inherently scalable. They can be expanded or contracted as needed, ensuring that irrespective of the increasing number of users or the burgeoning quantity of data, users will always have unhindered access to the documents they need. This seamless scalability ensures that the document viewing process remains efficient and effective, thereby contributing to the robustness of the application and supporting the continued growth and success of the financial institution.
4. Smoother Compatibility
Java-based viewing and sharing integrations are invaluable for the financial industry due to their ease of integration with existing Java-based fintech applications. In the evolving world of financial technology, seamless integration is critical to ensure optimal system performance, and to avoid compatibility issues that could disrupt operations. Java’s platform-independent nature, combined with its robust and versatile capabilities, allows for smooth and effective integration with a broad range of applications. This harmonization reduces the technical challenges associated with integrating disparate technologies and contributes to an overall smoother user experience.
Streamlined integrations also enable financial institutions to harness maximum value from their existing fintech applications, reducing the need for significant system overhauls or investments in entirely new platforms. In this area, Java-based viewing integrations contribute to increased operational efficiency, a more streamlined workflow, and ultimately, enhanced service provision in the financial industry.
Implementing Java-based Document Features with VirtualViewer
Accusoft’s VirtualViewer is an advanced, Java-based HTML5 document viewer for fintech applications. It supports various formats, eliminating the need for multiple viewers and enhancing user experience. The viewer operates on any OS, offering flexible viewing without software installation. Rapidly render and access financial documents, boosting security and efficiency. A national mortgage lender achieved a 40% reduction in processing times with VirtualViewer.
VirtualViewer provides comprehensive document support for your Java-integrated applications across platforms. Its robust APIs equip your software with essential viewing and sharing capabilities, whether deployed on the cloud, on-premises, or in a hybrid setup. Installation takes less than ten minutes, and ready-to-use connectors facilitate swift integration with leading ECM applications like Alfresco, IBM, and Pegasystems.
Test VirtualViewer today with a free demo to explore all the functionalities for your Java-integrated application.
Citizens Bank of Edmond has a single branch located in Oklahoma– what many people consider a “fly over state.” The town of Edmond, where the building is located, boasts a population of just under 100,000 people. That’s not stopping President and CEO Jill Castilla from pursuing growth, however.
Castilla announced today that her bank– with $400 million under management and just 55 employees– is taking Citizens Bank of Edmond national. Now, U.S. citizens across the country can sign up for a retail bank account at Citizens Bank of Edmond. The move broadens the bank’s reach to around 300 million people.
“In an unprecedented 72 day timeline to implementation, Citizens proves that small banks can be nimble, fast, thorough, sophisticated and still deliver a George Bailey-like experience,” said Castilla in an announcement on LinkedIn. “We love leading the way for other community banks to stay relevant for decades to come!”
Powering the launch is digital banking technology company Narmi. Founded in 2016 by former bankers Nikhil Lakhanpal and Chris Griffin, Narmi has a mission to offer financial institutions the best digital banking platform in the industry. The New York-based company offers both retail and commercial accounts, as well as a digital account opening solution that takes only two minutes and 13 seconds to complete.
Narmi, which has amassed $55 million in funding, counts Radius Bank (now Lending Club), Greater Alliance Federal Credit Union, Berkshire Bank, Freedom Credit Union, and more among its clients.
By opening its digital doors to everyone in the U.S., Citizens Bank of Edmond is breaking down geographical barriers. This shift toward “affinity banking” or “identity-based banking” will enable Citizens Bank of Edmond to take advantage of the brand identity and recognition it has spent the past few years building.
During the pandemic, the bank leaned hard into its focus on community and the small businesses that make up the community. For example, Castilla frequently shared her phone number on public channels as a resource for those in need. She also contacted all of the bank’s business customers to determine their main areas of stress. And when the bank had to close its lobby, its employees met customers at the curb to schedule time slots to serve its customers and maintain a personal touch.
It will be interesting to see how Citizens Bank of Edmond plans to maintain that level of personal touch while scaling up its accounts. Given Castilla’s fastidious determination, however, I do not envision the bank will have an issue maintaining its reputation of offering a top-notch customer experience. To hear Castilla talk about customer experience in person, come to FinovateFall next month and check out her panel.
PayPal launched its new stablecoin, PayPal USD (PYUSD) today.
PayPal USD is backed by U.S. dollar deposits, short-term U.S. treasuries, and cash equivalents. The coin is redeemable 1:1 for U.S. dollars.
The new offering is designed for digital payments and Web3 and will be available on Venmo “soon.”
Fully backed by U.S. dollar deposits, short-term U.S. treasuries, and cash equivalents, PayPal’s new stablecoin, PayPal USDis now live. The stablecoin – PYUSD – is designed for digital payments, and is compatible with most digital asset exchanges, wallets, and Web3 apps. Eligible U.S. PayPal customers who buy the coin will be able to transfer it to external wallets, send it via P2P payments, and use it to fund purchases at PayPal-supported checkouts. PYUSD holders will also be able to convert their cryptocurrencies into and from PYUSD, which is redeemable 1:1 for U.S. dollars.
PayPal president and CEO Dan Schulman said that the successful adoption of crypto will need stablecoins like PYUSD. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar,” Schulman explained. Moreover, Schulman noted that PayPal – with its “commitment to responsible innovation and compliance” – and powerful brand – is in an ideal position to play this role via its PayPal USD offering. He added that PYUSD will be compatible with Web3 apps from the start and will soon be available on Venmo, as well.
PayPal USD is an ERC-20 token issued on the Ethereum blockchain. The stablecoin is managed by Paxos Trust Company. Paxos has indicated that it will publish a monthly Reserve Report for PYUSD outlining the instruments composing the coin’s reserves. The first such report is expected in September.
PayPal has been a Finovate alum since 2011. In the years since, the fintech has grown into a payments leader with more than 435 million active consumer and merchant accounts, and nearly 30,000 employees. The company has facilitated more than 22 billion payment transactions, representing a total payment volume of $1.36 trillion. Founded in 1998 (as Confinity), eBay acquired the company in 2002 for $1.5 billion. eBay spun off PayPal to its shareholders in 2015, returning the firm to its independent status.
PayPal is a public company, trading under the ticker symbol PYPL on the NASDAQ exchange. The San Jose, California-based fintech has a market cap of $71 billion.
Knot has raised $10 million for its tool that updates consumers’ card-on-file at the company’s network of merchants.
The round was led by Nava Ventures and brings Knot’s total funding to $13 million.
Knot also offers a subscription cancelling solution and is currently working on a password updating tool.
With a mission to build an interconnected future online, Knot API has a long road ahead. Nevertheless, the New York-based company received a boost to help it make strides toward that goal with a new $10 million funding round today.
The Series A investment was led by Nava Ventures, with participation from Amex Ventures, Plaid, and more than 20 CEOs and founders. When added to the $3 million Seed round Knot received in 2021, today’s round brings the company’s total funding to $13 million.
Knot was founded in 2019 with an API to enable card issuers to update card-on-file information at Knot’s network of merchants– including Walmart, Netflix, Amazon, Starbucks, and Uber– with just a few lines of code. The company’s technology makes for an easier onboarding experience for consumers while helping the bank retain its customers.
Knot will use the $10 million to scale its services and expand its merchant support. The company’s goal is to “ultimately encompass virtually all online merchants.”
In addition to its card-on-file switching solution, Knot also offers a subscription cancelling tool that helps customers view and cancel their recurring subscriptions. The company is also working on an account creation tool that allows organizations to initiate accounts at third parties on their customers’ behalf, and a password updater that instantly updates customers’ passwords across the web.
“Securing this Series A funding signifies the immense trust our investors have in Knot’s potential to revolutionize the way card issuers manage their customers’ payment methods,” said Knot CEO Rory O’Reilly. “We’re grateful for the chance to further our mission of building a financially interconnected future, and we’re excited about the new opportunities this funding opens up for our team and our customers.”
Formerly known as TeamApt, Moniepoint is the largest business payments platform in Nigeria. The company processes $170 billion in annualized total payments volume (TPV), and became QED Investors’ first investment in Africa last year.
Headquartered in London, with offices in Nairobi and Lagos, as well as the U.S., Moniepoint was founded in 2015. The company counts more than 600,000 businesses large and small among its customers. Moniepoint has been recognized by the Central Bank of Nigeria as the most inclusive payment platform in the country, and was named the second-fastest growing company in Africa by the Financial Times.
We caught up with Tosin Eniolorunda (pictured), founder and CEO of Moniepoint, to discuss the state of fintech in Nigeria and what Moniepoint is doing to help provide better financial services to businesses and communities in Africa.
In our extended conversation, we discuss challenges to digital transformation in the region, the evolution of Nigeria’s cashless economy, and what to expect in the wake of Moniepoint’s recent rebranding.
What problem does Moniepoint solve and who does it solve it for?
Tosin Eniolorunda: Moniepoint solves the problem of fragmented, inaccessible, and low-quality financial services for businesses in emerging markets. It is a full-service business banking platform seeking to provide all the digital financial services a typical business needs.
Moniepoint specifically provides businesses in emerging markets with banking, payments, credit, and business management tools to help them grow. Our motivation is to power business dreams and create financial happiness for our customers. We recognize the importance of businesses in driving economic growth. By powering the profitability and operations of these businesses, we hope to enable them to make significant contributions to the economy at large.
To date, we have powered the dreams of over one million businesses who support local communities up and down Africa.
Your company began the year with a rebrand, transitioning from Team Apt to Moniepoint. What was the significance of this decision?
Eniolorunda: The company, TeamApt, started as a service provider, and our name was aptly selected. The team providing these services was the heart of our solution. As the company grew, our flagship product – Moniepoint – became ubiquitous in the market, and it became necessary to bring everything together to push the whole brand forward. We had become the point for people’s money, and it was only right we took up that name.
We know top talent is highly sought after in the global fintech industry, which is why we wanted to show our commitment to embracing the best and brightest by going out into the world in our choice of headquarters. By being more globally oriented, we want to be recognizable as an employer of choice for talents around the world.
What is the financial services industry like in Nigeria? And what is its relationship with the fintech ecosystem?
Eniolorunda: The financial services industry in Nigeria is generally a collaborative one. The Central Bank of Nigeria drives policy change in collaboration with all players in the industry – traditional banks and fintech players – all geared towards a more financially inclusive ecosystem. An example of how this plays out is fintechs working with traditional banks as their settlement partners, and traditional banks providing virtual account solutions to fintechs so they can, in turn, provide digital wallets to their customers.
It’s also recognized that fintechs take a generally technology-first approach to financial solutions, and regulations exist to make this as seamless as possible.
You have said that “low-trust” is an impediment to digital transformation in Africa. Can you elaborate on this challenge and what is necessary to overcome it?
Eniolorunda: Financial education is particularly important to gain trust and support for digital transformation, as people generally are wary of what they do not understand. In societies with a large percentage of uneducated people, it is expected that they will push back on innovation that promises to make their lives better.
For example, if a digital bank wants to provide nimble convenient services, it might decide not to have physical branches or a call centre to manage costs. However, low-trust means that these communities of people want to see a person or hear from them in order to leave their monies in the bank.
We overcame this barrier by approaching these markets using a hybrid distribution method – via collaboration with local people they could identify. When they got introduced to these digital solutions by people they knew and saw in their neighborhoods, it became easier for them to trust these products and try them out.
This spring there were a number of headlines about the “cash crisis” in Nigeria. Can you tell us about this and how the crisis impacted Moniepoint?
Eniolorunda: In March 2023, as part of its effort to aid in adopting cashless means of payments, combat inflation and prevent fraud, the Central Bank of Nigeria started a redesign of the Naira, Nigeria’s currency. People had to turn in their old notes as they were no longer legal tender, and the consequence of this process was a reduced availability of cash and, by extension, increased reliance on digital payments.
Moniepoint began to focus on supporting businesses in April 2022, extending our banking and payment tools to them. Consequently, during this cash crunch, we were well-placed to provide these businesses with the tools they needed to accept digital payments and stay afloat.
As a result, we saw a surge in transactions during this period. We adjusted our platform to make it more reliable, helping us to keep supporting these businesses.
What role will Moniepoint play in an increasingly cashless economy in Nigeria and other parts of Africa?
Eniolorunda: By being a banking partner for businesses, we enable them to receive payments digitally, which is very important in Africa’s journey towards becoming a cashless economy. In 2022, we helped businesses process over $170 billion, and are continuing this positive trend in 2023.
We are determined to stay at the forefront of the digital revolution. Initial efforts across the continent have been focused on providing individuals with access to digital financial services, giving them cards and other means to pay digitally. It’s not enough for customers to be empowered to pay digitally; the businesses have to be equipped with the education and resources to receive these payments.
When businesses are able to receive these digital payments directly, cash becomes less central to every transaction, and we’re collectively closer to a cashless ecosystem.
There has been talk in the fintech press about Moniepoint and potential acquisition opportunities. Is the company actively looking to make significant acquisitions?
Eniolorunda: Yes, the plan is to make significant and strategic acquisitions that align with our overall goal of providing an all-in-one financial platform for businesses in emerging markets. These acquisitions allow us to expand our product suite or enter new markets.
Also recently Moniepoint announced a partnership with Google Cloud. Why did Moniepoint pursue this partnership, and what will the partnership help Moniepoint accomplish?
Eniolorunda: As we grew bigger and faster, it was important that financial transactions on our platform could be performed at light speeds, so adopting a hybrid cloud strategy was key for us.
Some of the tools include Cloud Spanner and Kubernetes, which help us to manage and process high volumes of transactional requests per minute, with no lag time. A partnership with Google Cloud ensures we can use their services with personalized support that the scale of our business needs.
What can we expect from Moniepoint in the second half of 2023 and into next year?
Eniolorunda: We are proud to have already been be recognized this year as not just Africa’s largest fintech, but also its fastest-growing. But this is only the beginning.
We have so much in store for the second half of 2023, including plans for a new product and to enter new markets. Watch this space.
Trends in fintech move fast, and one way to stay ahead of each new advancement is to follow the minds of thought leaders in the space. That’s why, for FinovateFall 2023, we’ve gathered an insightful group of speakers to take the stage during the event, which takes place on September 11 through 13 in New York. Be sure to register soon; FinovateFall is typically our largest event.
The diverse group of speakers will offer presentations on a wide range of industry topics, including payments, decentralized finance, lending, open banking, AI, and more. FinovateFall will host almost 130 speakers. And because it’s difficult to feature them all in a single post, we’ve distilled the list to highlight a handful of fintech celebrities that will grace the stage.
Alexa Von Tobel, Co-Founder & Managing Partner at Inspired Capital
Alexa Von Tobel is the co-founder and managing partner of Inspired Capital. Prior to Inspired Capital, Alexa founded LearnVest in 2008 with the goal of helping people make progress on their money.
Matt Harris, Partner at Bain Capital Ventures
Matt Harris is a Partner at Bain Capital Ventures in New York City and focuses on investments in financial technology. He sees a huge amount of revenue, profit, and market cap shifting from regulated financial institutions to entrepreneur-led insurgents, across payments, lending, capital markets, real estate and insurance.
Jacqueline Baker, Author of The Unexpected Leader
Jacqueline M. Baker is a speaker, author, leadership consultant and advisor known for her unique approach to modern etiquette and leadership. As the author of The Unexpected Leader: Discovering the Leader Within You and Leader by Mistake: Becoming A Leader One Mistake At A Time, she frequently speaks and writes on the leadership-for-all concept.
Sam Kilmer, Managing Director at Cornerstone Advisors
Sam Kilmer leads Cornerstone Advisors’ fintech advisory practice working with industry providers, fintechs, and investors. He also leads select strategy engagements with banks and credit unions.
Jill Castilla, President & CEO at Citizens Bank of Edmond
As President & CEO of Citizens Bank of Edmond, a one-location $350 million community bank in suburban Oklahoma City, and Chairman of Citizens Bancshares, Inc., Jill Castilla is a nationally recognized innovator in banking and financial technology.
