FinovateFall 2016 / Urban FT
Presenter Profile:
How they describe themselves: Our enhanced white-label B2B digital banking platform delivers long-term competitive advantage, making clients’ brands integral to their customers’ daily financial and online social lives. We serve FIs, wireless carriers, and strategic verticals including insurance, brokerage, payroll/HR, and non-traditional FSOs. Our technology is delivered in three ways: Managed Service, SaaS, and Web or API Services.
How they describe their product/innovation: Urban FT will demonstrate the Workshop: the first real-time, multi-tier mobile app management platform for the financial services industry. Workshop enables financial institutions, program managers, and other FSOs managing multiple DDA products and card programs to rapidly configure, brand, and launch mobile banking applications for multiple customer segments-without coding.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Glen Fossella, EVP Enterprise Growth, glen@urbanft.com, 617-335-2181
Press: Kimberly Christopher, Director of Marketing & Communications, kimberly@urbanft.com, 646-661-1330
Website: urbanft.com
Blog: urbanft.com/news-and-press
Twitter: @Urban_FT
HQ: New York, NY
Founded: July 2013
Product Demoed: Urban FT Workshop
Product Launch: Fall 2016
Metrics: We have achieved incredible revenue growth – growing over 1,100% from 2014, (our first year of commercialization) to 2015, and are on track to grow over 60% this year. We have demonstrated exceptional capital efficiency during our four-year history, and our funding includes several strategic investors, including Euronet Worldwide, H&R Block, and Core Innovation Capital.
Presenters: Richard Steggall (CEO), Glen Fossella (EVP, Enterprise Growth)
- Key Executives
Richard Steggall (CEO), Glen Fossella (EVP Enterprise Growth), Mark Kilpatrick (Chief Marketing Officer), Kasey Kaplan (Chief Operating Officer), Larry Herbinaux (Chief Architect Officer), Nikhil Ghanekar (SVP Finance)
Key Stats
- Key Board Members
John de Lavis (Director), John Donovan (Director)
- Key Investors
Funding has been provided largely by high-net-worth private individuals, with additional funding by certain strategic investors, including Euronet Worldwide, H&R Block, and Core Innovation Capital.
- Key Advisory Board Members
Cliff Mason (Executive Chairman)
- Key Partnerships
Key partnerships of Urban FT include Visa, MasterCard, FIS, Sunrise Banks, Plaid, and IDology. Additional marquee partners can be found on our website, www.urbanft.com.
- Key Customers
Financial Services Organizations, Wireless Carriers, and other Strategic Partners.