FinovateEurope’s Alumni Alley: Fintech in the City of Bridges, Fraud Fighting Goes Dutch, and Making Stock Trading Social

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If your company has ever demoed its technology at FinovateEurope, then we’ve got an opportunity for you!

Alumni Alley is our special showcase exclusively for companies that have demoed on stage at FinovateEurope. Held in London at FinovateEurope, March 14-15, Alumni Alley highlights those FinovateEurope alums who are continuing to innovate in areas ranging from payments and lending to regtech and digital banking.

Visit our FinovateEurope Alumni Alley Showcase hub to learn more about this special conference feature for FinovateEurope alums.


Fintech might not be the first thing that comes to mind when you think of Venice, Italy. But the so-called “City of Bridges” was the original home for Finantix, a fintech that emerged on the scene as a developer of software solutions to support client-facing employees in retail banking, wealth management, and financial advisory.

Demoing its Wealth Apps at FinovateEurope 2011, Finantix showed how its technology helped financial advisors move away from paper as their primary “support tool.” Instead Finantix’s technology leveraged tablets, including the iPad, to combine the simplicity of paper with the rich communication and graphic capabilities of new handheld technologies. The company’s offering enhanced all areas of customer engagement for financial advisors, from prospect coordination and client onboarding to client and portfolio management. FinovateEurope audiences were impressed, awarding the software company with a Best of Show award.

Alessandro Tonchia demonstrating Finantix Wealth Apps at FinovateEurope 2011.

Founded in 1994 and acquired by Motive Partners in 2018, Finantix today is the Private Banking Division of InvestCloud (Motive Partners purchased a majority stake in InvestCloud in 2021). InvestCloud offers a no-code software platform for digital transformation and commerce enablement within the financial industry.

In 2020, Finantix introduced new CEO Christine Ciriani. “I am delighted to take up this leadership position at Finantix,” Ciriani said when the appointment was announced. “With an award-winning product offering, our innovative client-first culture and very strong R&D, sales, and delivery teams, we are well positioned to capitalize on the investments made since Motive Partners acquired an interest in the company.”


Netherlands-based BusinessForensics was founded in 2008 and went live in 2010, just one year before the company demoed its technology at the inaugural FinovateEurope in London. A specialist in financial crime fighting, BusinessForensics offers businesses an integrated enterprise suite to help them manage risk, fraud, and compliance. Working with banks and insurance companies, as well as public organizations and government agencies, BusinessForensics helps companies spot fraudulent transactions with real-time monitoring of mission-critical operations. Fully integrated and customizable forensic case management and reporting give firms the ability to easily handle both exceptions and incidents.

More than a decade later, BusinessForensics’ offering, Client Risk Intelligence, consists of four modules – AML and sanctions surveillance, Know Your Customer/Customer Due Diligence (KYC/CDD), Fraud and Risk Surveillance, and Special Investigations – which combine to provide a 360 degree client risk profile.

BusinessForensics Rob van Eerden demonstrating the company’s technology at the first FinovateEurope in 2011.

BusinessForensics was acquired by Munich, Germany-based regtech cleversoft group in the fall of 2020. “To be able to fulfill the increasing regulatory demands (our customers) are confronted with, we wanted to initiate a cooperation with a larger regulatory compliance software provider and also to ignite further growth outside of the Netherlands,” BusinessForensics CEO Tames Rietdijk said. “With cleversoft we found a complimentary match that will help us reach these goals by leveraging their organizational maturity, their customer base, and provide our solutions in the DACH market.”


When StockTwits made its Finovate debut at FinovateEurope 2011, the “community powered idea and information service” for investors and traders had just over 50,000 registered users. Today, the 14-year old company has more than six million registered users on what has become one of the largest social networks for investors and traders.

StockTwits was founded by Howard Lindzon and Soren Macbeth as a way to leverage the fast growing social media app known as Twitter to organize conversations between traders and investors about individual stocks. The company used “cashtags” with the ticker symbols of stocks (as in “$AAPL”) as a way to help index online analysis, opinions, and commentary about individual stocks, making it easier for investors and traders on apps like Twitter to source the information.

Ben Weiss, StockTwits VP of Business Development in 2011, demonstrating the company’s platform at FinovateEurope.

Last year, StockTwits secured $30 million in funding, giving the company a valuation of $210 million. This year, StockTwits launched its crypto trading platform and introduced functionality to enable individual investors and traders to buy and sell equities directly from the StockTwits platform.

“With the addition of equities trading to our existing crypto trading product, the StockTwits platform continues toward bringing a full suite of execution capabilities,” StockTwits CEO Rishi Khanna said when the equities trading functionality was unveiled earlier this year.


Photo by Recal Media

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