FinovateEurope 2016 / Nexmo
Presenter Profile:
How they describe themselves: Nexmo is the global leader in cloud communications, providing innovative SMS, Voice, Chat App, and Verification APIs and SDKs. Nexmo enables applications and enterprises to communicate with their customers reliably and with ease, no matter where in the world they are located. Leading financial and banking companies such as Commonwealth Bank, WorldRemit, Swift, and Blender.co.il use Nexmo APIs to reliably scale their customer communications, globally.
How they describe their product/innovation: Despite additional security introduced by banks to protect customer transactions SIM swap fraud is on the rise. This new and little-reported scam allows fraudsters to complete cash transfers from a stranger’s account by accessing one-time pin codes and SMS notifications. Many fintech companies are now turning to the Nexmo Verify SDK, which allows them to add phone verification with a single function call and combines phone numbers with unique mobile device ids to detect SIM-swaps. Verify SDK is the only white-labeled SDK that manages user identities across multiple devices and platforms without building a complex user management backend, and adds a new level of security by tying phone numbers to unique device IDs.
Product distribution strategy: Direct to Business (B2B), through other fintech companies & platforms
Contacts:
Bus. Dev. & Sales: Alex Berry, EMEA Sales Director, alex.berry@nexmo.com
Press: Adrian Richardson, Global PR Manager, adrian.richardson@nexmo.com
Website: nexmo.com
Blog: nexmo.com/blog
Twitter: @nexmo
HQ: San Francisco, CA, USA
Founded: January 2010
Product Demoed: Nexmo Verify SDK
Product Launch: November 2015
Metrics: Nexmo boasts 90,000+ B2B customers in 235 markets, with reach to 7.3B phones, partnership with 1700 telecos, and 3B API calls made annually. Nexmo has been recognized as a top cloud communications provider by Gartner, Roaming Consulting Company, and Aragon Research.
Presenters: Eric Nadalin (CTO), Parth Awasthi (Product Lead)
- Key Executives
Tony Jamous, Eric Nadalin, Lewis Black, Gabi Schindler, Chris Moore
Key Stats
- Key Investors
Sorenson Capital, Intel Capital, NHN Capital, Initial Capital
- Key Partnerships
Nexmo has partnerships with large OTT applications such as Line and WeChat, as well as platforms including SAP, Marketo, IBM Watson and Salesforce, and technology companies including IBM Watson and Amazon Web Services. Nexmo’s unique Direct-to-Carrier model allows financial companies to achieve unparalleled communications deliverability to over 200 countries.
- Key Customers
Nexmo enables applications and enterprises to communicate with their customers reliably and with ease, no matter where in the world they are located. Financial companies including Commonwealth Bank, WorldRemit, Swift, and Blender.co.il use Nexmo APIs to reliably scale their customer communications. High-volume communication companies such as Alibaba, LINE and Viber send millions of messages and calls per month using Nexmo APIs.