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Revolut
Ravelin
Key people
CEO & Founder: Martin Sweeney Co-Founders: Mairtin O’Raida, Leonard Austin, Nick Lally FOunded
2015 Sectors
Security
HeadQuarters
London, UK on twitter
@ravelinhq on The web
ravelin.com Fraud detection for the on-demand economy Ravelin examines visitor and payment data in real time, telling systems which customers to allow, prevent or flag for review. From an idea in January 2015, Ravelin has acquired 13 staff, 2 rounds of funding totalling £1.6m from leading FinTech investors, and a customer base of 12 companies, including some of the leading names in the on-demand economy. On the technical front Ravelin has built a super-scalable platform on the cloud, and developed ML models that are reducing fraud by over 50% MoM.
Key people
CEO & Founder: Nikolay Storonsky Co-Founder: Vlad Yatsenko
2014 Sectors
FX HeadQuarters
Spotcap
@RevolutApp
Mobile Foreign Exchange Revolut’s mobile foreign exchange makes travel money a thing of memory – together with the fees that accompany it. The free (for now) service offers foreign currency exchange at the interbank rate, combining a card + app available across 23 currencies. The Revolut app also has a host of applications for those sending money overseas. As of January 2016, 81,000 users across 150 countries had transacted $182m, saving approximately $15m between them. Revolut also topped Which? Magazine’s chart for the best FX rates. Investors say: An exceptional team solving a major pain-point for consumers all over the world, and they’re doing it with an extremely elegant, mobile-first user-interface.
Key people
CEO & Founder: Toby Triebel Co-Founder: Jens Woloszczak
on The web
revolut.com
CEO & Founder: Diana Paredes Co-Founder: Murat Abur
2014 Sectors
FOunded
2014
Sectors
Lending
HeadQuarters
Berlin, Germany
Compliance, Risk & Regulation
on The web
spotcap.com Real-time short-term loans Spotcap assesses the real-time performance of businesses to grant short-term credit lines and loans to SME businesses. The company uses credit-scoring technology that directly evaluates real-life business data to provide fast and flexible financing. Headquartered in Berlin, with local offices in Madrid, Amsterdam, and Sydney, the Rocket internet-backed company raised its third funding round in 18 months when it secured €31.5m in February to further fuel international expansion.
Sybenetix
London, UK
FOunded
2011
on twitter
@SuadeLabs
Sectors
Analytics
on The web
suade.org RegTech is a thing City regulatory experts believe Suade’s platform could revolutionise the entire process chain of regulation from publication to implementation. Founded by Diana Paredes (ex Barclays) and Murat Abur (ex Nomura), Suade designed its technology specifically around regulatory concerns, allowing banks to achieve continuous compliance, manage their costs and easily conduct analysis. Suade’s software also aims to help smaller banks, which are disproportionately hit by regulatory costs.
Key people
CEO & Founder: Taras Chaban Co-Founder: Wendy Jephson
HeadQuarters
on twitter
@SpotcapGlobal
Key people
FOunded
London, UK on twitter
SynerScope
Suade
FOunded
HeadQuarters
London, UK on twitter
@sybenetix on The web
sybenetix.com Cracking the behavioural code Compliance teams use Sybenetix Enterprise Behavioural Analytics to analyse all trades and unusual behaviour, automatically flagging and investigating suspicious activities. In the past year, the London-based FinTech has added tier-one banks and the world’s largest hedge fund to its client base. It also secured a coveted place on Accenture’s Innovation Lab in Hong Kong.
Key people
CEO & Founder: Jan-Kees Buenen Co-Founder: Danny Holten FOunded
2011 Sectors
Analytics
HeadQuarters
Eindhoven, The Netherlands on twitter
@synerscope on The web
synerscope.com Illuminating Dark Data Big Data pioneer SynerScope sees data as a means, not an end. The Netherlands-based business is winning clients in Banking, Insurance, and Cyber Security and has partnerships with Amazon, Google, SAP and Dell. SynerScope develops technology stacks designed to deal with the evergrowing variety of structured and unstructured data and partnered with Hortonworks for Hadoop. Panel says: One to watch as its technology and capabilities get tested by some of the larger banks and insurance service providers.