Final month we shared the primary spherical of demoing firms to make the minimize for FinovateEurope 2024. With extra names on the way in which, we needed to take a second to focus on the return of three alums who will likely be demoing their newest fintech innovation reside on stage in London subsequent month, February 27 by means of 28.
NayaOne: De-risking innovation and facilitating partnership
A Better of Present winner in its Finovate debut final 12 months, NayaOne presents a safe, Digital Sandbox platform that helps banks take the danger out of innovation, integration, and partnership with fintechs. Monetary establishments that use NayaOne’s platform achieve single key entry to greater than 350 expertise distributors which might be being actively evaluated by banks, a safe digital sandbox surroundings, and a couple of.5 billion datapoints to facilitate analysis and evaluation of latest applied sciences.
NayaOne’s strategy permits banks to evaluation a number of distributors concurrently. This helps them get their proofs-of-concept evaluated sooner, saving cash and enabling higher integration-induced productiveness with much less integration-related threat.
Among the many firm’s 2023 highlights are, most not too long ago, its partnership with market community and expertise platform PIMFA WealthTech. NayaOne teamed up with the wealthtech agency final fall to launch a consumer analytics and profiling tech dash. The purpose of the tech dash was to discover how each unstructured and different information can be utilized to id and entice potential purchasers. The dash additionally examined use instances for Giant Language Fashions in consumer companies, reminiscent of pre-onboarding.
The partnership with PIMFA WealthTech got here within the wake of NayaOne’s securing of the Digital Sandbox tender from the U.Ok. Monetary Conduct Authority final spring. “We consider that our digital transformation platform and artificial information expertise will likely be a helpful asset in serving to fintech firms to develop and check their merchandise extra effectively and successfully,” NayaOne CEO Karan Jain mentioned in April.
NayaOne additionally introduced partnerships with Polymesh, which joined the NayaOne Community in June, and Valley Nationwide Financial institution, which deployed its innovation platform – powered by NayaOne – the earlier month.
Headquartered in London, U.Ok., NayaOne was based in 2019. The corporate most not too long ago demoed its expertise at FinovateFall in September.
NF Innova: Turning conventional banks into digital leaders
NF Innova will return to the Finovate stage subsequent month at FinovateEurope. The corporate made its Finovate debut at FinovateEurope in 2014 and was among the many alums to take part in FinovateAfrica in Cape City 4 years later.
Headquartered in Vienna, Austria, and based in 2013, NF Innova demoed its FINTENSE Omnichannel Digital Banking Platform at FinovateEurope 2023. On the convention, the corporate showcased its innovation in private finance administration, leveraging augmented actuality to allow customers to see their monetary information in a brand new and compelling means.
Along with augmented actuality, NF Innova’s platform automates quite a lot of customer-facing processes, together with account opening. In truth, the corporate notes that corporations utilizing its expertise have skilled effectivity will increase of as much as 600% because of NF Innova’s end-to-end automation of 5 totally different buyer going through digital merchandise.
NF Innova additionally experiences sooner instances in finishing frequent operations starting from bank card funds to loans, in addition to higher effectivity relating to orchestrating digital channels and segmentation.
In August NF Innova introduced a strategic partnership with proactive cellular app safety firm Promon. The alliance will combine Promon’s state-of-the-art expertise to boost safety for customers of NF Innova’s FINTENSE platform. NF Innova started 2023 by opening the doorways on new workplaces in Čačak, Serbia, to supply workspace nearer to the place quite a lot of its staff reside.
Realmonitor: Serving to banks profit extra from the homebuying course of
Proptech innovator Realmonitor presents a white-label, AI-based property discovery cellular app designed to assist handle the precise ache factors of the true property market in Central and Japanese Europe. Due to the way in which properties are marketed within the CEE, there are sometimes pricing discrepancies and anomalies that make the market tough for house sellers, patrons, and brokers.
Realmonitor brings transparency to this market by that includes all listings available on the market from itemizing websites, Fb Market, Teams, and different areas. The expertise conducts value comparisons to establish the perfect presents for marketed properties and gives immediate push notifications when alternatives come up.
On the identical time, banks profit from a rise in mortgage mortgage prospects, in addition to early engagement insofar as potential homebuyers have used their whitelabled resolution to search out their properties.
Final month, Realmonitor received recognition as probably the most promising Hungarian fintech and Past Banking Answer of the 12 months on the FinTechShow. In its seventh 12 months in 2023, the FinTechshow is a chance for fintechs and monetary companies firms within the nation to “talk about digital transformation instructions, new technological developments, and challenges.
“The applying helps customers all through your complete journey of looking for, shopping for and promoting actual property, and in relation to renovations and upkeep, with a specialist search engine,” Realmonitor founder Péter Faragó mentioned upon receiving the award. “The best worth of the applying is that it helps save time for the person, who can deal with all the pieces associated to the acquisition, renovation, and upkeep of a house in a single place, by means of one platform.”
All in favour of demoing at FinovateEurope in London subsequent month? Functions are nonetheless being accepted from modern firms with new options which might be prepared to indicate. Go to our FinovateEurope hub at present to study extra.