Finleap forms new business unit, finleap connect

Source: finleap

finleap strengthens its position as a fintech SaaS provider to financial institutions and introduces its new business unit finleap connect.

The fintech platforms finreach solutions and infinitec solutions will become part of this business unit. Furthermore, the existing finleap team will proceed with its work as finleap assets and finleap build.

The finleap connect brand will unite finleap’s expertise and products as well as talent from its international markets team, the fintech platforms finreach solutions and infinitec solutions, as well as the banking service provider figo. Ramin Niroumand, founder and CEO of finleap, states, “Over the past five years we have developed finleap from being a company builder to the leading fintech ecosystem in Europe. We see an increased demand in the European market for a comprehensive product offering. In the future, finleap will meet this need and bring together this expertise under the finleap connect brand.” The new setup will become effective on September 1, 2019.

finleap connect will maximize the potential of the finleap ecosystem by offering a full range of leading fintech solutions and research & development (R&D) to financial institutions across Europe. The company will enable its clients to integrate services seamlessly. A wide spectrum of solutions will be offered, from stand-alone micro products to all-in-one solutions, depending on the clients’ requirements and their digital maturity. Moreover, there will be Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) products and services available, such as “RegShield”, "Switchkit", "Open Banking APIs" and "SME Banking". finleap connect, as a BaFin-regulated company, will collaborate with other regulated infrastructure platforms in the finleap ecosystem: solarisBank, the technology platform with a banking license; ELEMENT, a fully digital property and casualty insurer; and Elinvar, a digital platform for asset and wealth managers. This cooperation will enable finleap connect to offer end-to-end financial solutions and single financial products, such as accounts, loans, insurance and wealth management as a service. Later this year, finleap connect will also extend the existing API offering by an API marketplace to provide open financial services.

As a fintech provider, the core of the business unit will be the product and tech departments. The teams will be managed by experienced technology leaders: Taner Akcok (CPTO), Empre Impraimoglu (GM Micro Product) and Ramy Kamel (GM White-Label). Ramin Niroumand comments, “I am excited to work together with this highly skilled and experienced team and to take the company to the next level in my additional role as CEO of finleap connect.”

The business development in international markets is led by experienced fintech experts: Marco Berini (Italy), Nicolas Montes-Edwards (France), Ignacio Garcia (Spain) and Peter Hiekmann (Head of Sales). Patrick Dittmer (CFO), who just joined from the banking platform Klarna and Cornelia Schwertner (CRO) complete the management team.

finleap has gradually grown its organization, resulting in three business units - the finleap abc: finleap assets, finleap build and finleap connect. finleap assets handles investor relations and manages finleap portfolio companies of category leaders like CLARK, Penta and PAIR Finance. The business unit finleap build continues to invent and build stand-alone business models that have the potential to become the category leaders of tomorrow. The three finleap units now employ more than 270 fintech enthusiasts. The whole finleap ecosystem, meaning its portfolio companies, now has more than 900 employees.

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