BehavioSec transforms behaviour into a transparent additional layer of security by monitoring, in real-time, the way users interact with their devices. BehavioSec’s technology recognises if a conflicting user is operating a device by monitoring the environment, rhythms, and interaction patterns that are unique to each user. The solution is designed to enhance security without impacting the user experience. With offices in the UK, Germany, the Netherlands and Sweden, BehavioSec is currently deployed across Northern Europe retail banks protecting over 1,5 billion transactions per year.

In January 2018, BehavioSec raised $17.5M in a Series B funding in an investment round led by Trident Capital Cybersecurity, whose Managing Directors, J. Alberto Yépez and Ken Gonzalez, will join BehavioSec’s board of directors. The round also saw contributions from ABN AMRO and Cisco Investments, in addition to returning investors Conor Venture Partners and Octopus Ventures. Behaviosec will use the investment to expand global operations and relocate corporate HQ to the US.

Calastone is an independent, cross-border transaction network for the mutual fund industry. The company is the largest global funds transaction network, connecting many of the world’s leading financial organisations.

Their mission is to make funds accessible to everyone by reducing the frictional cost of trading. They use smart technology solutions and industry collaboration to lower operational risk and enhance client profitability through digitisation and automation.

Over 1,700 customers in 40 countries and territories benefit from Calastone’s services, processing over 9 million messages and £170 billion of transactions each month.

Currencycloud acts for businesses to provide cheaper, more streamlined FX and cross-border payments services. Founded in 2012, processes in the business processes in excess of $10B in payments every year, across more than 40 currencies in 212 countries. The firm has on-boarded around 250 cents, including brokers, tier-2 banks, payment service providers and marketplace operators.

Digital Shadows has come a long way since Accenture Innovation Lab London in 2011, announcing a $26M Series C funding round in September 2017. Its flagship product, SearchLight, is a continuous real-time scan of more than 100 million data sources online and on the deep and dark web — cross referencing customer specific data with the monitored sources to flag up instances where data might have inadvertently been posted online, for instance, or where a data breach or other unwanted disclosure might be occurring. The service also monitors any threat-related chatter about the company, such as potential hackers discussing specific attack vectors.

In May 2018, Digital Shadows announced its new "Shadow Search" capability, available as part of its flagship, award-winning SearchLight service.Shadow Search enables instant access to Digital Shadows' comprehensive collection of historical and evolving threat intelligence assets, and expert security sources, including leading security blogs and news, enabling SearchLight subscribers the ability to better manage third-party risk, investigate security incidents, monitor trends, and enrich threat hunting of client-specific indicators and threat actors jeopardising their business, brand and reputation.

DueDil aggregates public data on companies from a variety of databases, then uses it to create new metrics to indicate how solvent or successful the business is. It is the largest source of free private company information in the UK and Ireland. DueDil data powered the new Investec Mid-market Index of 24,000 mid-sized UK companies.

eToro created the first global market place for people to trade currencies, commodities, indices and CFD stocks online and today has over 4.5 million users in more than 170 countries. In February, eToro signed a joint venture agreement with SBerbank to provide its social trading services to Russian investors.

ETRONIKA develops solutions for finance and online businesses, helping financial institutions to serve both retail and corporate customers better. Their e-banking solutions combine banking and retail, personalisation and loyalty, enabling banks to transform their service offerings from being designed to fit the average customer profile to serving a personalised one. The service is available on multiple channels making the bank accessible anytime, anywhere.

With a name derived from the Latin word for trust, Fidor has been re-imagining banking since 2009. In Germany, the online bank has around 100,000 clients and more than 300,000 community members who actively participate in the bank’s decision-making processes – a strategy that underpins Fidor’s innovative platform. In September 2015, Celent’s “Model Bank of the Year” launched in the UK. It also announced a current account that is free to open and run and made a contactless debit card available for the first time in 2016. Fidor's online platform includes virtual currencies trading, social media banking, Facebook and Twitter payments. Available initially in Germany, Fidor has expanded into the US, UK and Russia. 2014 also saw the company integrate with the Ripple payment network (Ripple is the open-source payments protocol for free and instant exchange of any form of money or value).

Five Degrees has developed a next generation core banking software platform designed for existing banks as well as new ones. Five Degrees provide a fully automated banking services hub supporting any segment, product or channel through a rich middleoffice environment, connected to any (legacy) back-office of choice. Matrix, (the company’s proprietary technology) offers an agile customer centric architecture that supports banking operations in a future proof manner, significantly lowering cost whilst enhancing agility in the banking environment. Matrix is a proven fully automated (STP) core business process management (BPM) banking solution ready for SaaS and (private) cloud setups.

Funding Circle has a simple proposition: companies get funding at better rates, while savers get a higher return on their cash than if they left it in the bank. Since it was founded in 2010, Funding Circle has lent more than £5bn to 50,000 small businesses, with funds collected from more than 80,000 investors. The company has raised $422 million of equity capital from some of the most sophisticated investors in the world. In September 2018, Funding Circle debuted on the London Stock Exchange: (Lon:FCH).

Founded in 2011, GoCardless targets companies that need to offer their increasingly international customers the ability to pay by Direct Debit. The GoCardless mission is to help businesses take and settle recurring payments from anywhere, to anywhere, in any currency.

A Series D funding round of $22.5M raised in September 2017 is designed to enable GoCardless to expand further, with support for more countries, including Australia and Denmark.

Founder and CEO Hiroki Takeuchi says, “As more and more businesses become international, they face endless frustrations in managing payments across multiple territories. What we have engineered is a way to simply plug recurring payments into their existing systems, across the world, so they can focus on the challenges that really matter.”

GoCardless processes over $4bn worth of transactions across more than 30,000 organisations in the U.K. and Europe, working with small startups and large enterprises across a number of industries. It offers an API and off the shelf integrations with over 100 partners including Xero, Sage and Zuora. Customers include Sage, Thomas Cook, Box and The Guardian.

Holvi replaces traditional bank accounts with a Pan-European alternative, unlike traditional banks that are tied to a single country. Holvi completely replaces bank accounts with a service that offers a smart checking account. Full bank payments can be made, both in and out, and all accounts have International Bank Account Numbers (IBAN) that enable seamless banking across Europe. The company has customers in 8 European countries.

iwoca is one of Europe’s fastest growing credit providers, offering short-term credit facilities of up to £100,000. Businesses sign up online, passing their trading data through integrations with high-street banks, ecommerce platforms, and more. Iwoca’s proprietary risk model allows us to make fair, fast and flexible decisions, cutting underwriting costs by 90% whilst increasing approval rates and offering a simpler customer experience. To date Iwoca has issued over £70M to businesses across the UK, Germany, Spain and Poland and is opening our “credit-as-a-service” platform to strategic partners such as Alibaba, allowing them to finance their customers directly.

Ixaris offer a range of co-branded payment applications that enable enterprises and financial institutions to capitalise on the growing market for prepaid payment solutions. Its payment applications provide access to electronic payments for consumers unwilling or unable to access credit card services.

Klarna (its name means clear) was founded in Stockholm in 2005 with the idea to simplify buying. Klarna is now one of Europe’s largest banks and provides payment solutions for 60 million consumers across 90,000 merchants in 14 countries. Klarna offers direct payments, pay after delivery options and instalment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to.

mBank is the first established European bank to undergo a comprehensive, mass-scale, Bank 3.0 revolution of its direct channels including modern UI/ UX of transactional banking, PFM, video banking, transactional, realtime marketing, social channels, gamification and mobile banking and is the leader of e-banking in Poland. Part of BRE Bank (owned by Commerzbank) it is currently the 3rd largest retail bank in Poland in terms of number of customers. The company also operates in the Czech Republic and Slovakia.

Meniga is the European market leader of the white-label Personal Finance Management (PFM) and next-generation online banking solutions. Meniga helps multiple retail banks across the world create mutually beneficial digital relationships with their customers by dramatically improving their online and mobile banking user experience. In April 2017, Meniga raised $7.98M in new funding, bringing the total raised to $22.7M. In June 2017, Meniga announced that Islandsbanki, one of Iceland's leading banks, has deployed its Card Linked Offer (CLO) program to provide their digital banking customers with personalised and relevant discounts from local merchants.

Merit Software is the industry leader in investment banking and broking operations’ receivables and payables processing and case management. Merit has recently developed a centralised matching platform (“The Utility”) with a transactional-based business model and the ability to automate these processes on an industry-wide basis. In 2014 the company agreed an exclusive partnership agreement with one the world’s largest clearing houses for the global distribution of the utility.

Nutmeg launched the UK’s first online discretionary wealth manager in 2011. Specializing in investments, ISAs and pensions, Nutmeg's online investment management service is intelligent, straightforward and fair. It is the first wealth manager with a 6 year performance track record in the UK. With $1.5 billion in assets under management, Nutmeg has become a scale wealthech player. In February, it secured a Series E investment from Goldman Sachs ($58M) to fuel global expansion.

OpenGamma is a financial technology company delivering unique analytics for the needs of over-the-counter (OTC) or privately-negotiated derivatives contracts, a $493 trillion marketplace, according to the Bank for International Settlements. The power of the technology is based upon unrivalled insight into the supply and cost of balance sheet, allowing the buy-side not only to execute on their derivatives strategy, but to enhance their own performance and benchmark their costs against peers. The London-based business now counts amongst their rapidly growing client base, 4 of the 5 largest clearing houses in the world, 11 buy-side firms & 4 Tier 1 banks. In the view of one panel member, OpenGamma continues to reshape risk management in the industry, in turn becoming core to the capital markets infrastructure. OpenGamma raised $13.3m in October 2016 and in January this year announced a minority investment of $1 million from the Japan Exchange Group.

Seedrs is the leading online equity investment platform in the UK, allowing all types of investors to invest as little or as much as they like in businesses they believe in, often alongside venture capital funds and other professional investors, at the same terms, and share in their success. Seedrs also allows ambitious growth-focused businesses in all sectors to raise capital and build community through an efficient, online process. Seedrs has had over £530 million invested into campaigns on the platform and funded over 750 deals. The company is headquartered in London with offices in Lisbon, Amsterdam, and Berlin. The business is backed by star fund manager Neil Woodford, Augmentum Fintech, Faber Ventures and over 2,000 of its own customers. Seedrs is authorised by the UK FCA. It was the first equity crowdfunding platform in the world to gain regulatory approval.

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 ever-growing variety of structured and unstructured data and has 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.

TransferWise is a money transfer service allowing private individuals & businesses to send money abroad without hidden charges. One of the original FinTech revolutionaries, TransferWise continues to innovate, opening up services to China and forging a partnership with Germany’s Number26. TransferWise now serves 4 million customers now and moves more than $4 billion dollars every month. (Saving customers $4 million in bank fees every day.). Richard Branson, and PayPal founders Max Levchin and Peter Thiel, among others, are investors.

TransferWise has opened 11 offices, with over 1,300 employees, across 4 continents.

Funding raised in June 2019 make TransferWise Europe’s most highly valued FinTech.

The first UK lender of its kind, and the pioneer of the peer-to-peer industry, Zopa launched in 2004 with the idea of creating the ‘e-bay for money’. To date, the P2P pioneer’s total lending exceeds £1.3bn, with £530m lent in 2015 alone, double the total of 2014.

Zopa has lent $3.6m to UK borrowers, lending $996m in the past year. It has over 60,000 active individual investors (average amount lent: £13,000) and over 311,000 borrowers, borrowing on average £7,700. Zopa is one of the three initial members of the UK's Peer-to-Peer Finance Association, together with FundingCircle and RateSetter.