Fintech71

SafeWire, a company founded in 2016 and headquartered in Westerville, Ohio, specializes in developing software solutions aimed at preventing fraud in property transactions. Catering primarily to title service offices, mortgage bankers, and realtors, SafeWire's offerings include a comprehensive suite of features designed to enhance security and efficiency in real estate dealings. The software addresses critical areas such as reducing closing times, minimizing fraudulent liabilities, and streamlining manual due diligence processes. Key functionalities include client identity verification, ownership verification of bank accounts, and the protection of wire transactions, all leveraging blockchain technology to ensure robust security measures.

SafeWire, a company founded in 2016 and headquartered in Westerville, Ohio, specializes in developing software solutions aimed at preventing fraud in property transactions. Catering primarily to title service offices, mortgage bankers, and realtors, SafeWire's offerings include a comprehensive suite of features designed to enhance security and efficiency in real estate dealings. The software addresses critical areas such as reducing closing times, minimizing fraudulent liabilities, and streamlining manual due diligence processes. Key functionalities include client identity verification, ownership verification of bank accounts, and the protection of wire transactions, all leveraging blockchain technology to ensure robust security measures.

Billon Group Ltd is a fintech company based in London, United Kingdom, specializing in micropayment and corporate e-money solutions. Founded in 2012, the company has developed proprietary distributed ledger technology (DLT) that digitizes national currencies and stores encrypted documents on-chain, effectively combining identity, money, and data on a single platform. Billon's technology is designed for regulated institutional use, enabling banks and enterprises to achieve near real-time settlement of both domestic and cross-border payments. As a registered e-money issuer in the UK and Poland, Billon ensures full compliance with regulatory standards for both financial and document applications. Its platform offers reusable modules and APIs, facilitating the rapid creation and delivery of DLT-based solutions tailored to customer needs. The system allows banks to issue and redeem digital cash, utilizing a legal structure that simplifies transactions without requiring regulatory adjustments.

Skookii is a Tempe, Arizona-based company that operates a cloud-based payment platform specifically designed for K-12 schools and parents. The platform addresses the challenges faced by parents in managing various school-related payments, such as fees for athletics, after-school care, lunches, and classroom supplies. Skookii offers a robust and user-friendly software-as-a-service (SaaS) solution that allows schools to set up their payment systems quickly, often in less than 20 minutes. Parents benefit from a simple web and mobile application that enables them to make payments instantly and conveniently. By streamlining the payment process, Skookii enhances the experience for both parents and school administrators, facilitating efficient collection and tracking of school fees.

James is an online credit risk management platform based in New York, founded in 2013. It offers scientifically backed risk management tools tailored for financial institutions. Utilizing advanced machine learning algorithms and techniques, the platform equips risk departments to effectively prepare for cyclical crises, thereby safeguarding their reputation and contributing to a more secure global financial system.

HEXANIKA, Inc. is a provider of data management and reporting solutions tailored for the financial services sector. Established in 2014 and headquartered in New York, with an additional office in Pune, India, the company offers a range of products designed to tackle data challenges such as quality, governance, and management costs. Its flagship solutions include SmartJoin, which integrates and manages data from various sources using advanced techniques like semantic logic and machine learning, and SmartReg, which focuses on regulatory compliance management. HEXANIKA also delivers out-of-the-box regulatory reports for banking and financial institutions on a subscription basis. Furthermore, the company provides a suite of services, including Big Data strategy, deployment, and analytics, facilitating end-to-end solutions for its clients in navigating the complexities of data sourcing and reporting.

ID-Pal Limited is a Dublin-based company that provides a software-as-a-service (SaaS) solution designed for identity verification and customer onboarding. Established in 2016, ID-Pal enables businesses to comply with know your customer (KYC) and anti-money laundering (AML) regulations by offering a straightforward platform for capturing, verifying, and storing customer identity documents. Its solution allows clients to submit their documents via smartphones and tablets, streamlining the onboarding process while enhancing security and convenience. ID-Pal serves a diverse range of industries, including accountancy, banking, insurance, and telecommunications, helping organizations reduce the complexity, cost, and risks associated with regulatory compliance. The platform is customizable and integrates easily into existing systems, providing real-time identity verification that meets the specific needs of various businesses.

Steady removes barriers to earn through its income intelligence that supports over 3 million hourly, 1099 and mixed-earners in earning more, an average of over $5,500 per year. Steady's view of income also applies its technology for purposes of income measurement that fills the wage data gap for public and private sector entities that service this worker population in areas such as the administration of public sector benefits. Steady was founded in 2017.

PayKey is a technology company that provides banks with innovative solutions to enhance customer engagement and streamline financial services. Its platform allows users to initiate and complete various banking transactions, such as peer-to-peer payments and balance checks, directly within any mobile application. By integrating a banking button into the smartphone keyboard, PayKey enables a seamless and efficient banking experience for users, eliminating the need to switch between different apps. This approach helps banks stay relevant in a competitive landscape while addressing consumer demands for quick and convenient access to financial services. Overall, PayKey aims to improve user experience and bolster brand engagement for financial institutions in an increasingly digital environment.

Elafris Inc., established in 2016 and headquartered in East Palo Alto, California, specializes in developing AI-driven digital assistant platforms for financial institutions. Their core product is an insurance-specific chatbot technology that learns from customer interactions to facilitate insurance coverage identification and purchase, provide payment reminders and processing, and guide insurance claims processes via smartphone messaging apps like Facebook Messenger, SMS, WhatsApp, and others. Additionally, they offer AI assistants tailored for insurance carriers and agencies to automate tasks such as quotes, upselling, cross-selling, payments, and customer communication.