Lifescale Limited (“Lifescale”) is pleased to announce an investment from Mr. Cristóbal Conde, an active early-stage investor and former President and CEO at SunGard, a leading global software provider to the financial services industry.
Mr. Conde will become Senior Advisor and Mentor to the board and management of Lifescale.
The investment from Mr. Conde comes at an exciting time for Lifescale as they prepare to launch their “Envizage” platform in the UK, which for the first time ever allows consumers to identify, understand and manage the risks to their future plans and aspirations.
Lifescale met Mr. Conde through their participation in the 2017 FinTech Innovation Lab London, a mentorship programme developed by Accenture that connects startups with senior bank and insurance executives to help them fine-tune and develop their technologies and business models.
Vinay Jayaram, co-founder and CEO of Lifescale, said: “With his vast experience, Cris Conde truly understands the ability of technology to transform the financial services industry. Cris saw in our analytics the power to redefine the way the industry serves its customers, placing their products and solutions into a human context. When Cris approached us about an investment, we were delighted. Cris’s experience, network and mentorship will have a material impact on us, helping us secure additional clients, refine our proposition, and scale. This is an important validation moment for our company and our vision.”
Mr. Conde said: “Through the years, I have had the opportunity to work with numerous startups. Lifescale’s mission is one of the more ambitious and impactful ones I’ve seen. Its unique analytic platform has the potential to align the financial services industry with its customers’ futures. With PSD-2, GDPR and Open Banking around the corner, Lifescale offers its clients the opportunity to transition to a new customer-centric future. I’m delighted to join them on their journey.”