Finovate Europe 2024 highlighted key fintech innovations with a focus on enhancing digital user experiences, integrating AI, and improving compliance in financial operations. Major themes included the use of generative AI for onboarding, identity verification, and regulations, alongside solutions from startups targeting banking, payments, and financial education. The event showcased various technologies aimed at transforming the financial landscape in Europe, with numerous products emphasizing seamless integration and customer-centric approaches.

1. Finovate Europe 2024
Summary | Insights | Demos
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2. Summary
Finovate Europe 2024 showcased a diverse range of fintech innovations. Major themes
included enhancing digital user experiences, foundational digital transformation, enhanced
security, and the seamless integration of AI into financial operations. There was a particular
focus on the use of generative AI to help with everything from onboarding to customer and
payments analytics.
Core Banking and Digital Identity: Tuum's
!
modular platform provides technology to
modernise banking infrastructure, enabling rapid product deployment and business model
innovation. ShareID and Delega introduced solutions that streamline identity verification and
multi-bank signatory management.
Payment and Transaction Solutions: Torus's analytics platform for optimising card payment
profitability and Realmonitor's AI-based property search tool for banks illustrate the potential
for generative AI to have a big impact on customer interactions and operations.
Credit and Investment Services: Easylodge's loan management software and
TradingValley's online investment advisory services reflect the sector's focus on accessibility
and personalised financial advice.
Regulatory and Compliance Technologies: Taktikal and NayaOne provide platforms for
streamlined onboarding and innovation testing, indicating both the increasing importance of
compliance, and the applicability of generative AI to regulatory and compliance challenges.
AI and Data Analytics: Intrepid Fox and Kern AI offered solutions for faster customer data
verification and enhanced large language model reliability, underscoring the growing role of
AI in improving financial processes and customer interactions.
Quantum Computing and Voice AI: Quantum Dice and Corsound AI introduced cutting-
edge technologies for enhancing cryptographic security and leveraging voice analysis for
fraud detection.
Financial Education and Wealth Management Zeed and Tradelite Solutions' financial
literacy games, and Finerative's wealth management platform, emphasise the sector's
commitment to empowering consumers and advisers with advanced tools for financial
growth and education.
The demos at Finovate Europe 2024 provided a great overview of current and emerging
fintech innovations across Europe with a strong emphasis on enhancing digital user
experience, building out new AI-powered infrastructure, improving security and efficiency,
and leveraging AI -- particularly generative AI -- to meet the constantly evolving needs of the
financial services industry.
Notes:
-
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: indicates Finovate Europe 2024 "Best In Show" award winner.
- Photo by Aaron Burden on Unsplash
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3. Insights
• Generative AI is in everything:
• Almost every product on show had some kind of generative AI
features. Whether it was helping customers with forms, loading and
transforming data, or content, generative AI was there. These
features have moved quickly to become table stakes for vendors
and there is no reason to think that will change any time soon.
• Onboarding of both business and personal customers is a problem
almost everyone has and many startups are trying to solve:
• It felt as though there were some genuine innovations in the
onboarding workflow. Many startups are addressing the
traditionally terrible UI/UX of this process and everyone is taking
advantage of generative AI to capture unstructured data to
streamline the process.
• Compliance to regulations is getting more and more difficult for
both institutions and businesses:
• The confluence of regulation and compliance and onboarding
came up in multiple vendor offerings. KYC/KYB requirements are
getting more stringent. They also create substantial friction in the
onboarding workflow resulting in significant drop-off.
• Themes from the "Hot or Not" panel where a panel of 4 judges gave
their views on current hot (or not) topics in fintech:
• Embedded finance: hot (3/1)
• Bank-provided digital wallets: not (1/3)
• Social impact fintech: hot (3/1)
• Crypto: not (1/3)
• Neobanks: not (1/3)
• Open finance: neutral (2/2)
Notes:
- Photo by Hush Naidoo Jade Photography on Unsplash
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4. Fintech Demos
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5. Demo Session 1
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6. Tuum | The modular core banking platform
"Tuum is revolutionising the banking sector with its modular
core banking platform, enabling banks to quickly transition
from legacy systems and launch new products efficiently,
embodying the essence of banking without limits."
!
Tuum won Finovate Europe's 'Best in
Show' award for its solution that allows
banks to orchestrate new businesses and
business models, unlocking new revenue
streams.
#Tuum #CoreBanking #DigitalTransformation #Fintech
#BankingInnovation
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7. ShareID | Authentication With Official
Identity
"ShareID offers a cutting-edge digital
identity solution that enables real-time
verification of user identities and secure
sharing of personal information, boasting a
high success rate and enhanced user
experience through AI assistance. Perfect for
businesses looking to streamline
authentication and verification processes."
#ShareID #DigitalIdentity
#IdentityVerification
#SecureAuthentication #TechInnovation
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8. Delega | Multi-bank Signatory
Management
"Delega revolutionizes treasury
management with a cloud-based, bank-
agnostic platform that simplifies
signatory management, allowing
corporations to efficiently manage and
share signatory rights and
documentation with their banks."
#Delega #TreasuryManagement
#SignatoryManagement
#CloudTechnology
#FinancialInnovation
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9. Torus | SaaS Analytics to Improve Payments
Business Profitability
"Torus provides a SaaS analytics platform
designed to enhance the profitability of
banks and payment service providers'
card payments business, by offering
tools for analyzing scheme fees,
controlling unit-level profitability, and
optimizing pricing strategies."
#TorusAdvisors #SaaS
#PaymentsProfitability
#FinancialAnalytics
#PaymentSolutions
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10. Realmonitor | Entry to the Housing
Ecosystem
"Realmonitor is a unique AI-based property
search app tailored for banks, offering
comprehensive market insights, mortgage
lead generation, and an exclusive
communication channel with customers. It
streamlines the housing journey, from
property search to mortgage application,
through a white-labelled mobile app."
#Realmonitor #PropertySearch
#AIRealEstate #MortgageLeads
#BankingInnovation
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11. Easylodge | Credit Origination & Loan
Management Software
"Easylodge offers a comprehensive credit
origination and loan management software
tailored for the Australian market,
streamlining loan application and
management processes for finance
companies and fintech lenders with
advanced features like machine learning for
credit decisioning and instant mortgage
solutions."
#Easylodge #LoanManagement
#CreditOrigination #FintechAustralia
#FinancialTechnology
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12. TradingValley | Online Investment
Advisory
"TradingValley is an online investment advisory
firm. They help customers find the right
investment idea and build a portfolio that suits
their needs. They consist of measurement,
engineering, design, marketing, and business
teams. They are a group of traders, data
scientists, financial analysts, engineers,
designers, and marketers."
Crunchbase Company Profile & Funding
#TradingValley #InvestmentAdvisory
#FinancialPlanning #PortfolioManagement
#Fintech
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13. NF Innova | Digital Banking Solutions
"NF Innova offers a cloud-based, FINTENSE
Omnichannel digital banking platform
designed to transform traditional banks into
digital leaders. Their services increase
digital customer engagement and
transactions, enhance digital sales, and
improve customer loyalty through
personalized online experiences across any
digital touchpoint."
#NFInnova #DigitalBanking #Fintech
#OmnichannelBanking
#BankingInnovation
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14. Demo Session 2
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15. Taktikal | Build, Visualise, And Automate
Your Onboarding Processes.
"Taktikal specializes in secure digital signatures
and trust services, offering solutions like
SmartFlows for automating workflows, Drop & Sign
for e-signatures, and KYC/AML for enhanced due
diligence. Their platform is designed to streamline
onboarding processes, compliance, and
document signing, enhancing operational
efficiency and customer satisfaction across various
industries."
Taktikal Blog: A better start to customer
onboarding
#Taktikal #DigitalSignatures
#TrustServices #WorkflowAutomation #KYCAML
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16. NayaOne | We Help Financial Institutions
grow
"NayaOne offers a "Sandbox as a Service"
platform that helps financial institutions
innovate by testing and building digital
solutions. It provides a secure environment
for rapid prototyping, a vetted fintech
marketplace, and ensures compliance,
aiming to reduce go-to-market time and
operational costs while fostering bank-
fintech partnerships."
#NayaOne #FintechInnovation
#DigitalBanking #SandboxAsAService
#FinancialTechnology
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17. Intrepid Fox
Intrepid Fox | AI Business Solutions
"Intrepid Fox specialises in Generative AI solutions for
banks and fintech companies, focusing on customer
data collection and verification. Their technology
significantly accelerates the KYB process, making it up
to 10 times faster and 50% more cost-effective. They
target key areas such as compliance updates,
suspicious transaction monitoring, and business
customer onboarding, aiming to streamline these
processes through AI-powered interactions and data
verification."
#IntrepidFox #GenerativeAI #FintechSolutions
#KYB #DataVerification
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18. Quantum Dice | Innovative Quantum
Source of Entropy
"Quantum Dice specializes in secure
quantum random number generation
(QRNG) technology, offering products like
the APEX QRNG 1200 and VERTEX QRNG
1100. Their solutions are designed to
enhance cryptographic security and
reliability across various industries,
leveraging the inherent unpredictability of
quantum mechanics."
#QuantumDice #QRNG #QuantumTechnology
#Cybersecurity #QuantumComputing
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19. Corsound AI | Actionable Voice Intelligence
"Corsound AI develops advanced voice AI solutions, including
voice biometrics and voice-to-face technology, designed for diverse
applications such as fraud detection, call center optimization, and
secure digital access. Their innovative approach supports multiple
industries, improving security and efficiency by leveraging voice
analysis for identity verification and operational insights."
!
Corsound won Finovate Europe's 'Best
in Show' award for its technology that
helps businesses fortify their security
measures against voice-related fraud.
#CorsoundAI #VoiceAI #VoiceBiometrics #DigitalSecurity
#Innovation
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20. DashDevs | Fintech Software Solutions
"DashDevs is a software engineering
company that provides comprehensive fintech
development services, including custom
software development, mobile and web app
development, IT outsourcing, and fintech
consulting. With over 12 years of experience,
they focus on delivering high-quality,
innovative solutions to help businesses
achieve digital transformation and growth."
#DashDevs #FintechDevelopment
#SoftwareEngineering
#DigitalTransformation #TechInnovation
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21. KernA AI | Leverage Human Intelligence
"Kern AI enhances the reliability of large
language models (LLMs) for businesses by
integrating company-specific data,
improving answers for tasks like first-level
support in insurance. Their data-centric
approach allows for more accurate responses
by leveraging enhanced data modeling,
significantly benefiting areas such as
compliance updates, suspicious transaction
monitoring, and customer onboarding."
#KernAI #GenerativeAI #DataCentric
#BusinessIntelligence #AIInnovation
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22. Sikoia | Automated Customer Verification
Checks
"Sikoia offers automated customer
verification checks for B2B and B2C sectors,
streamlining data validation and insight
generation. Their platform supports rapid
integration, providing a user-friendly
dashboard and a comprehensive data
marketplace to enhance verification
processes for various industries including
mortgages, consumer finance, and SME
lending."
#Sikoia #CustomerVerification #Fintech
#DataValidation #IndustryInnovation
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23. Dotfile | All-In-One KYC & KYB Platform for
Fintechs
"Dotfile provides an all-in-one KYC & KYB
platform for fintechs, enabling
compliance teams to approve individual
or business customers worldwide in less
than 10 seconds. Their platform
streamlines customer verification
processes across regulated industries,
offering a modern operating system for
efficient and rapid customer onboarding."
#Dotfile #KYC #KYB #Fintech
#ComplianceSolutions
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24. Demo Session 3
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25. Amlyze | Empowering Compliance Through
Regulatory Insiders
"Amlyze specialises in empowering
compliance through regulatory insiders,
offering a comprehensive suite of AML/CFT
solutions developed by a team of former
regulators, IT, and AML/CFT experts. Their
platform simplifies compliance, targeting key
areas such as transaction monitoring, risk
assessment, investigations, and screening to
manage complexity with ease and enhance
operational efficiency"
#Amlyze #ComplianceSolutions #AML #CFT
#RegulatoryInsights
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26. InvestGlass | The Swiss Cloud Built for
Sustainable Automation and Growth
"InvestGlass is a Swiss cloud-based platform
designed for sustainable automation and
growth, offering solutions such as sales
automation, digital onboarding, portfolio
management, and artificial intelligence to
various industries. It aims to modernize
businesses by saving time, lowering costs,
and providing industry-specific innovations."
#InvestGlass #SwissCRM
#SalesAutomation #DigitalOnboarding
#FinancialTechnology
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27. SkenarioLabs | Data Solutions for
Sustainable Real Estate
"SkenarioLabs specializes in predictive data
analytics for real estate, using AI algorithms
to model and monitor technical, financial,
and ESG risk metrics. Founded in Finland,
the company serves a global clientele,
offering solutions to financial institutions and
asset managers to guide financing and
investment choices while managing risks
effectively."
#SkenarioLabs #PredictiveAnalytics
#RealEstateTech #ESGRisk
#AIAlgorithms
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28. Visualizy | Embedded Bank Payment
Automation
"Visualizy revolutionizes corporate and
institutional payment processes with its
embedded bank payment automation
platform, reducing costs, errors, and
manual work while enhancing
compliance and scalability"
#PaymentAutomation #Fintech
#BankingInnovation
#FinancialEfficiency #Visualizy
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29. SOLO | Verified & Standardized Data
Collection for Banks, etc
"_SOLO streamlines the process of
data collection for third-party decision-
makers, transforming the traditionally
lengthy process into a quick, efficient
system of embedded, autonomous
reporting. _"
#DataCollection #Efficiency
#AutonomousReporting #Innovation
#SOLO
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30. Eleos | Accessible Income Protection
Insurance
"Eleos offers accessible income
protection insurance online, providing
financial support during work
stoppages due to illness or injury, plus
additional health and wellbeing
benefits."
#IncomeProtection
#FinancialSecurity
#HealthWellbeing #InsuranceOnline
#EleosUK
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31. Tradelite Solutions | Builder of Financial
Education Games
"Tradelite.de introduces Mogaland, the
world's first financial literacy protocol
combining gaming with financial
education, enabling users to learn
financial skills, enjoy gameplay, and
earn rewards, all powered by live
financial data."
#FinancialLiteracy #GameFi
#Mogaland #EduGaming #Tradelite
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32. Finerative | Wealthtech Gen-AI to Prosper
With Confidence
"Finerative introduces a generative AI
(Gen-AI) platform designed for wealth
management, enhancing productivity,
efficiency, and sales. By leveraging
private Gen-AI technology, it offers
personalized financial insights and
portfolio analysis to wealth management
entities worldwide."
#WealthTech #GenAI
#FinancialInnovation
#WealthManagement #Finerative
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33. Darksquare | Build Wealth With Alternative
Investments
"Darksquare Capital offers innovative
asset management solutions, focusing
on private equity and venture capital
investments to deliver sustainable,
long-term returns for investors."
#AssetManagement #PrivateEquity
#VentureCapital
#InvestmentSolutions
#DarksquareCapital
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34. Demo Session 4
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35. FRNZX | Enabling Crypto-Business Through
Compliance
"FRNZX.io empowers financial
institutions and Virtual Asset Service
Providers (VASPs) with an automated
solution to manage Anti-Money
Laundering (AML) and Counter-Terrorist
Financing (CFT) risks associated with
their customers' crypto assets, ensuring
compliance and efficiency in regulatory
processes."
#CryptoCompliance #AML #CFT #FRNZX
#RegTech
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36. Zeed AI | Watch, Swipe, Invest
"Zeed.ai is an innovative investing app that blends AI
and video content, offering users data-driven insights,
personalized market updates, and educational material
through a user-friendly platform."
!
Zeed won Finovate Europe's 'Best in
Show' award for its platform that enables
public companies and asset managers to
reach and engage retail investors by
leveraging video content.
#InvestingApp #FinancialEducation #AIInsights
#ZeedAI #PersonalizedInvesting
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37. WELREX | Rule Your Wealth
"WELREX offers a digital investment
management platform designed for
Independent Relationship Managers,
aiming to enhance client service through
personalized investment solutions,
operational support, and access to a
comprehensive legal and commercial
framework."
#WealthManagement
#InvestmentSolutions
#DigitalPlatform #FinancialServices
#WELREX
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38. Atmo Technology | Asset & Environmental
Technology based in Bristol City
"Atmo Technology offers innovative
asset and environmental monitoring
solutions through IoT and data
analytics, enabling businesses to
transition to cleaner, more efficient
operations with real-time insights."
#IoT #DataAnalytics
#EnvironmentalMonitoring
#AssetManagement #AtmoTech
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39. Centi | Online Payment System for Business
& Consumers
"Centi offers a cutting-edge online
payment system for businesses and
consumers, enabling seamless, low-cost
transactions with the innovative use of
Bitcoin SV technology for
microtransactions, payments, and
loyalty programs."
#DigitalPayments #BitcoinSV
#CentiApp #FintechInnovation
#Microtransactions
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40. Doshi App | Financial Fitness
"The Doshi App elevates financial
literacy through fun and engaging
learning experiences, offering
personalized paths and rewards to
deepen users' financial understanding
and relationship with institutions."
#FinancialLiteracy #EduTech
#DoshiApp #PersonalizedLearning
#FinancialEducation
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41. Citrusˣ | Unlock the Power of AI
Transparency and Explainability
"Citrusx.ai offers a comprehensive AI
transparency and explainability platform that
helps organizations ensure the robustness,
fairness, and clarity of their AI/ML models. It
provides tools for continuous monitoring,
anomaly detection, governance compliance,
and real-time explanation of model decisions,
catering to a variety of stakeholders from data
scientists to executives."
#AIEthics #ExplainableAI
#TechInnovation #CitrusxAI
#AItransparency
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42. Setle | Renovations simplified
"Setle helps to make better decisions
during the renovation process. Setle is
on a mission to make renovations more
transparent. From making your home
more energy efficient, to maximising
your housing budget."
#RenovationDecisions
#TransparentRenovations
#EnergyEfficientHomes
#MaximizingBudget #SetleApp
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43. Kodex AI | The AI Partner for the Financial
Industry
"Kodex AI revolutionizes financial
industry workflows with an enterprise-
ready Generative AI platform, enhancing
efficiency, simplifying processes, and
elevating client interactions. It's
designed for compliance, privacy, and
security, offering a transformative
approach to managing financial tasks."
#FinancialTech #GenerativeAI
#ClientFirst #DataSecurity
#KodexAI
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