New York City, NY (PRWEB) September 06, 2016
Finovate, the demo-based conference aimed at assisting established financial services brands identify the most innovative and cutting-edge banking and financial technology companies on the market, commemorates their 10th anniversary show with this year’s FinovateFall event, taking place Sept 8 - 9 in New York City.
“It’s hard to believe that we’re already holding our 10th annual New York Finovate show,” said Greg Palmer, vice president of The Finovate Group, events director and the company’s first full-time employee. “Our first Finovate event featured companies that would go on to define FinTech over the years. Companies such as Andera, Geezeo, LendingClub, Mint and Yodlee each presented at the initial Finovate conference and have since played pivotal roles in the FinTech revolution.”
In 2007, Finovate set about to create the most memorable event in the FinTech arena and since, has expanded from their initial summit in the heart of New York to include events reaching as far as San Francisco, London and Hong Kong. Additionally, Finovate has now cast its net to encompass the FinTech developer community with their new series, FinDEVr, now taking place on both the East and West coasts of America. In total, Finovate’s 30 events have seen more than 16,000 attendees, 700 companies and nearly 2,000 live demos.
In the last four years alone, venture capital investment in FinTech startups has swelled more than 600 percent, and this year funding levels are on the trajectory to—once again—hit record highs. While this wave of disruptive innovation has long represented a threat to the traditional model of financial services companies, it has simultaneously created unparalleled opportunities for internal innovations and strategic partnerships between established brands and the new tech players now on the scene.
"Focusing on FinTech since 2002, FT Partners has closely tracked the rapid pace of innovation across the sector and the Finovate team has played a key role in providing a platform for some of the most successful firms across the FinTech landscape," said Steve McLaughlin, founder and CEO of FT Partners. "FT Partners has proudly advised many Finovate alumni in their capital raise efforts and we are glad to have played a part in the evolution as both an attendee and long-standing sponsor of Finovate."
Known for showcasing the best-of-the-best of the FinTech industry, Finovate’s events go unrivaled for those looking to demo new technology or get discovered by prominent institutions. From startups sharing their stories for the very first time, to established financial brands launching ground-breaking new products, Finovate is on everyone’s radar. Joe Salesky, an alumnus of the inaugural Finovate event in New York City, will be coming back to the conference this year to kick off his company’s expansion into the North American financial market.
"Having started and successfully exited many companies in the FinTech space, we’ve always made Finovate a pivotal part of our overall product launch strategy,” said Joe Salesky, CEO of CRMNEXT. "I presented at the very first Finovate with my company, ClairMail, and have presented at five Finovate shows since.”
“Finovate brings everyone together from our key customer group—CTOs, CIOs, change-makers from the world’s biggest banks, FinTech analysts, investors and everyone in between,” continued Salesky. “After a decade at Finovate, I can honestly say there is no better showcase for demoing FinTech companies, which is why I’m gearing up for my sixth show on behalf of CRMNEXT.”
FinovateFall, which focuses exclusively on the most exciting, innovative ideas in FinTech, will be returning to the New York Hilton Midtown on Sept 8 - 9, 2016.
“When thinking back on The Finovate Group’s greatest accomplishments during our tenure, I would have to say the success stories that have come out of our Finovate events are what stand out the most,” said Palmer. “There is no greater pride for the Finovate team than hearing about customer and investor acquisitions, strategic partnerships and other successes that have generated as a result of our presenters demoing at Finovate.”
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FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateFall is organized by The Finovate Group. For more information on the event, visit http://www.finovate.com.