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Meet The HOT TEN 2017

This year our panel looked at over 1500 FinTechs across Europe, which made selecting 50 a very tall order. If selecting fifty was a tough call, we did all agree that these ten highly enterprising innovators deserved a special mention. Meet our – additional – ones to watch for 2017.

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10x

Agent of Change w: 10xbanking.com t: @10xbanking CEO: Antony Jenkins Founder: Antony Jenkins Founded: 2016 Sectors: Banking (Core) HQ: London, UK Unveiled in 2016 by former CEO of Barclays, Antony Jenkins; 10x promises to radically shake up the banking world, optimizing advanced technology to transform how banks operate and engage with customers. 10x’s vision is clear; banking needs to be simple, flexible, secure and always ten times better! Revealing its first client as renowned challenger bank, Virgin Money; 10x aims to drive a new standard in customer experience and be a catalyst for change in the industry.

Sector:

10x https://www.10xbanking.com/

Clear.Bank

ClearBank®, founded by WorldPay founder Nick Ogden, is the UK’s first new clearing bank in more than 250 years and plans to create a new level of open competition and transparency within the UK financial services marketplace. Described as a "bank for banks," ClearBank will not offer any services to consumers, instead offering payment processing and core banking services to fintech startups, credit unions, building societies, and other challenger banks. Key People CEO: Charles McManus Founder: Nick Ogden Founded 2016 Funding Latest Funding: £25M, announced Feb 2017 HQ London, UK Sector Banking w: Clear.bank.com

Sector:

Clear.Bank

Bud

Bud believes that open banking will fundamentally change the way we think about our money. The award-winning start-up rebundles the FinTech landscape by making disparate financial services and apps work better together. An app and website, Bud works with consumers, banks and FinTechs to help consumers find and use the most helpful financial products and build their own banking experience. In October 2017, Bud signed a deal with banking giant HSBC and raised £1.5M from backers including investment bank Investec and Spain's Sabadell Bank. It is in talks with over 40 banks around the world about possible partnerships. In June 2018, the two-year old business launched The Bud Exchange, Bud.X, to give firms access to its own marketplace featuring P2P lenders such as RateSetter and Zopa, as well as Open Banking infrastructure – letting them set up payments and see a range of accounts on behalf of users.The new portal will be guided by financial and technology companies including Wealthify, Scalable Capital and AJ Bell. Key People CEO: Edward Masleveckas Founders: Edward Maslaveckas, George Dunning Founded 2015 Funding Total Funding: $2.1M Seed, Oct 2017 HQ London, UK Sector Open Banking w: thisisbud.com

Sector:

Bud

Cleo

w: meetcleo.com

t: @meet_cleo CEO: Barney Hussey-Yeo Founders: Aleksandra Wozniak, Barney Hussey-Yeo Founded: 2015 Sectors: Personal Finance Management Latest Funding: $700k Angel January 2017 HQ: London, UK

Cleo wants to reduce the complexity and increase the transparency of financial services for a new generation. The “financial assistant” for young professionals and graduates powered by AI, Cleo is a chatbot accessed via the Cleo app or Facebook Messenger and through integration with Amazon’s Alexa and Google’s Google Home. Users can chat to Cleo via text or voice to interrogate bank account and credit card data in order to keep track of spending and budget better. Angel investors include Niklas Zennström. co-founder Alex Chesterman, Wonga co-founder Errol Damelin.

Sector:

Cleo https://meetcleo.com

Deposify

Access to Finance w: deposify.com t: @Deposify CEO: Jon Bayle Founders: Jon Bayle, Tony Kelly Founded: 2015 Sectors: Property - Escrow Latest Funding: $1.53M Seed March 2016 HQ: Dublin, Ireland

In the US and Ireland, security deposits cause problems for everybody involved when renting property – from landlords and tenants to leasing agents and property managers.Deposify is an escrow service for security deposits that lets landlords and tenants manage and control how and when deposits are paid and resolve deposit related disputes quickly and cheaply.

Sector:

Deposify http://www.deposify.com/

Governance.com

Governance.com gives regulated companies total control of their processes, by turning complex and unorganized data into easily accessible actionable information. The platform connects data across the organization, links the data to the underlying documentation and enables collaboration through structured workflows. The Governance team is drawn from leading organizations such as ABN Amro, JP Morgan, SEB and Fidelity. Their clients span 7 countries across the US and Europe and include Global Tier 1 Banks, Asset Managers, Fund Administrators, Fund Management Companies and other regulated institutions. Awards & Recognition include: European RegTech100, Most Trusted Risk Compliance Solution Provider 2017, The FinTech50 Hot 10, Luxembourg’s FinTech startup of the year in 2016. Key People CEO & Co-Founder: Bert Boerman CTO & Co-Founder: Rob Boerman Founded 2014 Funding Total Funding: €2.5M HQ Luxembourg Sectors Financial Sector & Corporate Structures w: Governance.com

Sector:

Governance.com

NX'Change

w: Nxchange.com t: @NxchangeSupport CEO: Marleen Evertsz Founder: Marleen Evertsz, Geesje Boon Founded: 2016 Sectors: Capital Markets HQ: Amsterdam, The Netherlands

Nxchange introduces a next generation stock exchange for direct trading in securities between companies and investors. The Amsterdam-based startup operates under a licence issued by the Dutch Ministry of Finance as a regulated market. Nxchange makes it possible to place and trade securities on a regulated platform without the intervention of a bank or broker being required. Companies can activate their network and communities to raise capital both on the central trading platform of Nxchange and using an integrated module on their own websites. A traditional IPO is usually an expensive and complex matter.

Sector:

NX'Change

MeteoProtect

Access to Finance w: meteoprotect.com t: @meteoprotect_en CEO: Gabriel Gross Founders: Founded: 2011 Sectors: Insurance HQ: Paris, Ile-de-France

Meteo Protect provides companies around the globe with customized insurance solutions to help offset the financial impact of climate change. Dedicated exclusively to weather risk management, the French startup monitors weather and analyses its history to help business adjust their insurance models. Clients range from agriculture to the financial sector and it helps wind energy utilities to cover the risk of low average wind speed. Meteo Protect also protects food processing companies that buy commodities against the impact of weather.

Sector:

MeteoProtect meteoprotect.com

Post Quantum

Essential Service w: Post-Quantum.com t: @Post_Quantum CEO: Andersen Cheng Founders: Andersen Cheng, Martin Tomlinson, CJ Tjhai Founded: 2010 Sectors: Cyber Security Latest Funding: $10.3m Series A May 2016 Lead Investor: AM Partners / VMS Investment Group (HK based) HQ: London, UK

Post-Quantum’s mission is to protect the world’s information against today’s threats and tomorrow’s challenges. The company wants to ensure its clients can carry out their operations safely and securely, with trust and confidence in all their activities. With many years’ intensive R&D, the London based cyber security start-up was among the cohort in Barclays’ London FinTech Accelerator in 2015. By embedding its unique cocktail of micro service modules into a system, it offers end to end quantum-safe security to clients including the UK government, Nato, Barclays and other financial services companies against cyber attacks.

Sector:

Post Quantum https://www.post-quantum.com/

DataSine

w: d atasine.com

t: @Data_Sine CEO: Igor Volzhanin Founded: 2015 Sectors: Analytics HQ: London, UK

DataSine offers a client segmentation tool combining Big Data and psychometrics to help financial institutions understand their clients. It seeks to revolutionise the way financial institutions evaluate clients, build portfolios and measure risk.

Sector:

DataSine http://datasine.com/

Meet The HOT TEN 2017

10x

Clear.Bank

Bud

Cleo

w: meetcleo.com

Deposify

Governance.com

NX'Change

MeteoProtect

Post Quantum

DataSine

w: datasine.com

w: d atasine.com