The sector witnessed significant acquisition activity with 23 buyout deals.

2. Banking Tech Report – November 2016
Tracxn
World’s Largest Startup Research Platform
2

3. Banking Tech Report – November 20163
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 10
Who is Investing 18
Exit Outlook - IPO, Acquisitions 22
Sub Sector Analysis 25
Interesting Companies 44
Useful Links 54
Company List 57
Team 198

4. Banking Tech Report – November 20164
Sector Overview
Scope of report
Banking Technology is a largely horizontal sector with companies operating under multiple verticals, with multiple business models under each
vertical. This report covers companies that either provide technical solutions to banks to enable various banking operations or partner with banks
thereby offering these banking services directly to consumers. There have been 252 rounds of funding between 2015-2016 YTD with one of the
most prominent ones being, Atom Bank raising a $128M in private equity led by Toscafund and BBVA in 2015. Though the top funded sectors
remain dominated by Front end as well as Back end products/service providers, however a couple of relatively nascent sectors such as
Mobile/Internet First Banks (Challenger Banks) and API banking companies have also seen funds flowing their way.
The scope of this report includes equity as well as debt funding received by the companies.
Business Model Description
Alternative Banking
Companies that either partner with banks or operate with a banking license to deliver banking services to end customers, by leveraging
technology
API Banking Companies providing API infrastructure to banks to build on fully extensible banking services
Front-End Channels Companies which enable banks to build robust front end channels for delivery of its services
Data APIs
Companies that provide banks and financial institutions with data on customer, be it transaction history, purchase data, social behavior data,
email usage data et al, using APIs
Payments Companies helping banks to enable the bank-side payment procedures.
Marketing Solutions Companies that enable banks to role out data- driven product-linked marketing campaigns
Fraud and Risk Management
Companies that help prevent fraud in banking operations using advanced technologies namely big data, machine learning, artificial
intelligence et al
Regulatory and Compliance Companies enabling banks to comply with regulations and carry out KYC/AML processes during customer onboarding.
Back-End Solutions
Companies providing software to enable banks to manage their internal operations. Example- Loan lifecycle management, cash
management, customer experience et al
Note: The funding amount mentioned in this report is inclusive of both debt and equity rounds.

5. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5

6. Banking Tech Report – November 2016
51
58
64
106
117
105
33
0
28
56
84
112
140
2010 2011 2012 2013 2014 2015 2016
NumberofCompanies
6
YoY – Number of companies founded
MX Technologies PayEgis nCino Tandem WeBank Varo Money Zero
Hearsay Social Deposit Solutions Plaid Nubank Atom Bank Nymbus Active AI

7. Banking Tech Report – November 20167
Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
40 Jul-2012 24 Alternative Banking > Neo Banks $144M
Boom Financial
2008, Palo Alto
33 Apr-2012 14
Alternative Banking >
Internet/Mobile-first Banks
$944M
WeBank
2014, Shenzhen
25 Jan-2010 17
Fraud & Risk Management > Machine
Learning
$235M
FraudMetrix
2013, Hangzhou
38 Aug-2009 21
Marketing Solutions > Card-linked
Marketing
$453M
Cardlytics
2008, Atlanta
73 Jul-2008 39
Front-end Channel Providers > Mobile
Banking
$531M
Strands
2003, San Francisco
23 May-2007 16
Back end solutions > Customer
Experience
$95M
Collections Marketing Centre
2006, Wilmington
45 May-2005 19
Front-end Channel Providers >
Omnichannel Banking
$189M
MX Technologies
2010, Lehi

8. Banking Tech Report – November 20168
Niche Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Tracxn Picks
8 Jun-2013 4 API Banking $22M
Payveris
2011, Wethersfield
9 Sep-2010 4
Alternative Banking > Payment
Institutions
$153M
Nubank
2013, Sao Paulo
17 May-2009 7 Data APIs $258M
Yodlee
1999, Redwood City
9 May-2009 5 Payments > Network $80M
Ethoca
2005, Toronto
11 Jan-2009 7
Front-end Channel Providers >
Conversational Banking
$104M
Nuance
1992, Burlington
4 Jun-2008 4 Marketing Solutions > Social media $71M
Hearsay Social
2010, San Francisco
13 Jul-2003 11
Fraud & Risk Management >
Behavioral Analytics
$106M
Guardian Analytics
2005, Mountain View

9. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
9

10. Banking Tech Report – November 201610
YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$188M $181M
$300M
$500M
$465M
$588M
$1.5B
$1.6B
$1.7B
36 37
58
75
71
114
136
143
109
0
32
64
96
128
160
0
360
720
1080
1440
1800
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds

11. Banking Tech Report – November 201611
YoY – Number of Rounds by Stage
19
28
40 40
50
27
30
23
41
66
53
52
15 12
19
19 24
17
0
28
56
84
112
140
2011 2012 2013 2014 2015 2016
NumberofRounds
Seed Early Late

12. Banking Tech Report – November 201612
YoY – Funding by Stage
$14M $25M $39M $76M $44M $19M
$180M $116M
$200M
$339M
$698M
$578M$221M
$223M
$228M
$952M
$502M
$779M
0
320
640
960
1280
1600
2011 2012 2013 2014 2015 2016
TotalFundingAmount(inMillions)
Seed Early Late

13. Banking Tech Report – November 201613
Average Ticket Size – Early Stage
$0.9M $1.2M $1.3M
$3.1M
$1.3M $1.1M
$4.3M
$2.7M
$4.4M
$5.3M
$14.7M
$7.0M
$11.0M
$9.0M
$10.4M
$8.6M
$16.0M
$24.0M
0.0
6.0
12.0
18.0
24.0
30.0
2011 2012 2013 2014 2015 2016
FundingAmount(inMillions)
Seed Series A Series B

14. Banking Tech Report – November 201614
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
webank.com
WeBank
(Shenzhen, 2014)
$450M PE Jan-2016 Warburg Pincus, Temasek
payegis.com
PayEgis
(Suzhou, 2011)
$162M Series B Apr-2016
atombank.co.uk
Atom Bank
(Durham, 2014)
$124M Series A Nov-2015
Toscafund Asset Management, BBVA, Woodford Investment Management, Marathon
Asset Management, Polar Capital
nuance.com
Nuance
(Burlington, 1992)
$85M Post IPO Aug-2016
starlingbank.com
Starling Bank
(London, 2014)
$70M PE Jan-2016
baesystems.com
BAE Systems
(Rockville, 1999)
$69M Post IPO Mar-2016
nubank.com.br
Nubank
(Sao Paulo, 2013)
$53M Debt Apr-2016 Goldman Sachs
nubank.com.br
Nubank
(Sao Paulo, 2013)
$52M Series C Jan-2016 Founders Fund, Sequoia Capital, Kaszek Ventures

15. Banking Tech Report – November 201615
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
logrhythm.com
LogRhythm
(Boulder, 2003)
$50M Series F Aug-2016 Riverwood Capital, Adams Street Partners, Siemens, Delta-v Capital, EDBI
plaid.com
Plaid
(San Francisco, 2012)
$44M Series B Jun-2016 Goldman Sachs, NEA, BoxGroup
blendlabs.com
Blend
(San Francisco, 2012)
$40M Series C Jan-2016 Lightspeed Venture Partners, Formation 8, Founders Fund
n26.com
N26
(Berlin, 2013)
$40M Series B Jun-2016 Battery Ventures, Horizons Ventures, Valar Ventures, Redalpine, Earlybird
openlending.com
Open Lending
(Austin, 2000)
$40M PE Mar-2016 Bregal Sagemount
finopaytech.com
FINO PayTech
(Mumbai, 2006)
$38M PE Jul-2016 Bharat Petroleum
tongdun.cn
FraudMetrix
(Hangzhou, 2013)
$32M Series B Apr-2016 Oriza Holdings, CBC Capital, China Growth Capital, IDG Capital Partners, Linear Venture
100credit.cn
100credit
(Beijing, 2014)
$32M Series B Oct-2015

16. Banking Tech Report – November 201616
Funnel view of Sector
145
97
152
345
477
1069
0 240 480 720 960 1200
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies

17. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
17

18. Banking Tech Report – November 201618
Most Active Investors in Sector
17
16
12
11 11 11 11 11
10 10
0
4
7
11
14
18
Sapphire
Ventures
Sequoia
Capital
Startup
bootcamp
Battery
Ventures
IDG
Capital Partners
NEA Plug and Play
Tech Center
TTV
Capital
Anthemis
Group
Greycroft
Partners
TotalNumberofRounds
DocuSign Yodlee Storm PrimeRevenue FraudMetrix
Financial
Software Systems
Linkable Networks eWise Currency Cloud WorkFusion
Currency Cloud Think Finance Epiphyte Q2ebanking WeCash Plaid Dwolla Featurespace Simple Deposit Solutions

19. Banking Tech Report – November 201619
Where are Top Investors investing

20. Banking Tech Report – November 201620
Top Investor by Stage of Entry

21. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
21

22. Banking Tech Report – November 201622
Top IPOs in last three years
IPO Date Company Overview
Funding
Amount
Exch:Ticker
Jun-2016 mybucks.com
Mybucks
(Luxembourg, 2011)
Mobile banking platform provider with banking license. FRA:MBC
Nov-2015 pepltd.com.au
Peppermint Innovation
(Perth, 2014)
Proprietary Mobile Banking Technology provider ASX:CYS
Mar-2015 isignthis.com
ISignthis
(Collingwood, 2012)
AML/KYC software for preventing Card Not Present (CNP) fraud
$4.5M
ASX:ISX
Dec-2014 wdesk.com
Workiva
(Ames, 2008)
Cloud based platform for risk, compliance, finance and audit
$53.84M
NYSE:WK
Aug-2014 cachetfinancial.com
Cachet Financial
(Minneapolis, 2010)
Remote deposit capture (RDC) solutions for banks, credit unions, and other financial
institutions. $34.25M
OTCBB:CAFN
Mar-2014 q2ebanking.com
Q2ebanking
(Austin, 2004)
Online banking applications for financial institutions
Battery Ventures, Adams Street Partners $20M
NYSE:QTWO
Sep-2013 baesystems.com
BAE Systems
(Rockville, 1999)
Cloud based security solution for data, email & network
TTV Capital
OTC:BAESY

23. Banking Tech Report – November 201623
Major Acquisitions in last one year

24. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
24

25. Banking Tech Report – November 201625
October 2016Tracxn Bluebox : Banking Tech
1050+ companies in the sector, 303 funded in last 5 years, over $3.2B invested in 2015/2016

26. Banking Tech Report – November 201626
Banking Tech – Value Chain
26

27. Banking Tech Report – November 201627
Top Business Models by Funding
$2.3B
$1.2B
$945M $932M
$643M $574M
$438M
$259M
$22M
0
500
1000
1500
2000
2500
Back end
solutions
Alternative
Banking
Front-end
Channel Providers
Regulatory &
Compliance
Fraud & Risk
Management
Marketing
Solutions
Payments Data APIs API
Banking
TotalFundingAmount(inMillions)
# Cos. 422 107 145 128 87 66 75 17 8
Avg. Age Jul-04 Apr-12 Jun-06 Jun-04 Nov-07 Aug-09 Nov-05 May-09 Jun-13
Hundsun WeBank FINO PayTech Metric Stream PayEgis Cardlytics
AGS Transact
Technologies
Yodlee Payveris
DocuSign Tandem Nuance Ping Identity FraudMetrix edo Interactive
Financial
Software Systems
Plaid Seed

28. Banking Tech Report – November 201628
Back end solutions – Business Model Description

29. Banking Tech Report – November 201629
Back end solutions – Entrepreneur Activity and
Investment Trend

30. Banking Tech Report – November 201630
Back end solutions – Most Funded Companies

31. Banking Tech Report – November 201631
Alternative Banking – Business Model Description

32. Banking Tech Report – November 201632
Alternative Banking – Entrepreneur Activity and
Investment Trend

33. Banking Tech Report – November 201633
Alternative Banking – Most Funded Companies

34. Banking Tech Report – November 201634
Front-end Channel Providers – Business Model
Description

35. Banking Tech Report – November 201635
Front-end Channel Providers – Entrepreneur
Activity and Investment Trend

36. Banking Tech Report – November 201636
Front-end Channel Providers – Most Funded
Companies

37. Banking Tech Report – November 201637
Regulatory & Compliance – Business Model
Description

38. Banking Tech Report – November 201638
Regulatory & Compliance – Entrepreneur Activity
and Investment Trend

39. Banking Tech Report – November 201639
Regulatory & Compliance – Most Funded
Companies

40. Banking Tech Report – November 201640
Fraud & Risk Management – Business Model
Description

41. Banking Tech Report – November 201641
Fraud & Risk Management – Entrepreneur Activity
and Investment Trend

42. Banking Tech Report – November 201642
Fraud & Risk Management – Most Funded
Companies

43. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
43

44. Banking Tech Report – November 201644
Interesting Seed Companies
Company Overview Business Model
Total
Funding
trunomi.com
Trunomi
(2013, San Jose)
Enterprise KYC and onboarding solutions
Fenway Summer, Senahill Partners, Persistent Systems, Saturn Partners, WorldQuant
Ventures, Fintonia Group
Regulatory &
Compliance > Know
Your Customer
$5.3M
seed.co
Seed
(2014, San Francisco)
API Banking and apps
Y Combinator, Paul Graham, Instacart, SV Angel, General Catalyst Partners, CrunchFund,
Formation 8, Addepar, Dalton Caldwell, Pejman Mar Ventures, Michael Seibel, Cota
Capital
API Banking $5.12M
blockscore.com
BlockScore
(2013, Palo Alto)
Identity verification for anti-fraud and regulatory compliance
Y Combinator, Lightspeed Venture Partners, Khosla Ventures, Battery Ventures, Boost VC,
New Atlantic Ventures, Bitcoin Opportunity Corp, Digital Currency Group
Fraud & Risk
Management >
Behavioral Analytics
$2.025M
epiphyte.com
Epiphyte
(2013, London)
Enterprise software for integrating financial institutions with cryptofinancial networks.
Plug and Play Tech Center, Startupbootcamp
Money Transfer >
Bitcoin
$70.35K
tradle.io
Tradle
(2014, New York City)
SaaS on Bitcoin blockchain
Startupbootcamp
Regulatory &
Compliance > Know
Your Customer
$17K
Curated list of companies by the sector analyst are defined as Interesting

45. Banking Tech Report – November 201645
Interesting Series A Companies

46. Banking Tech Report – November 201646
Interesting Series A Companies

47. Banking Tech Report – November 201647
Interesting Series B Companies

48. Banking Tech Report – November 201648
Interesting Series B Companies

49. Banking Tech Report – November 201649
Interesting Late Stage Companies

50. Banking Tech Report – November 201650
Interesting Late Stage Companies

51. Banking Tech Report – November 201651
Interesting Late Stage Companies

52. Banking Tech Report – November 201652
Top Funded Deadpooled Companies

53. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
53

54. Banking Tech Report – November 201654
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Horizontal – Most Funded Companies Sub Sector Understand Link
Alternative Banking – Most Funded companies Sub Sector Understand Link
Front-end Channel Providers – Most Funded Companies Sub Sector Understand Link
Fraud & Risk Management – Most Funded Companies Sub Sector Understand Link
Back-end Solutions – Most Funded companies Sub Sector Understand Link
Top Funded Deadpooled Companies Companies Link

55. Banking Tech Report – November 201655

56. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
56

57. Banking Tech Report – November 201657
Banking Tech – Company List
Back end
solutions
Alternative
Banking
Front-end Channel
Providers
Regulatory &
Compliance
Fraud & Risk
Management
Marketing
Solutions
Payments Data APIs API Banking
476 FUNDED COMPANIES AND 580 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

58. Banking Tech Report – November 201658
Back end solutions (1/53)
Company Overview Business Model Total Funding
Hundsun
(1995, Hangzhou)
Financial software and network service provider
CDH Investments, Alibaba Group $532M
Idhasoft
(2006, Norcross)
Enterprise solutions for finance, heath care, insurance and
manufacturing
Arcapita
$30M
ACA / Alsyon
(2003, Le Pecq)
corporate payment and banking software
Seventure Partners $3.81M
Connect Financial Software
Solutions
(2007, Murray)
Software products for banks
$1M
Nuapay
(2015, London)
SaaS-based payment processor across Europe
Six Degrees IT
(2015, Bogota)
Develops internet banking, cash management platforms & transaction
portals for banks
Girmiti Software
(2012, Bangalore)
Software solution provider to Financial services
JMR Infotech
(2007, Bangalore)
Provides BFSI software & applications
Go to BM List >> Alternative Banking

59. Banking Tech Report – November 201659
Back end solutions (2/53)
Company Overview Business Model Total Funding
ARGO
(2011, Richardson)
Analytics-driven fraud and compliance solutions.
TSWG
(1986, Brisbane)
Software solutions for Banking and financial market
FinSuite
(2010, Melbourne)
Automation software leveraging OCR for BFSI
Software Dynamics
(2002, Nairobi)
Banking system integration solutions
IZAZI Solutions
(1999, Johannesburg)
Multiple banking software solutions provider
Harland Financial Solutions
(2000, Lake Mary)
Lending compliance technology and core banking solutions provider.
Dovetail
(1999, London)
Payments and liquidity management solutions provider.
ViewPoint Capital Partners
Wangjin Holdings Technology
(2009, Shenzhen)
Technology solutions provider for financial operators
Sequoia Capital, IDG Capital Partners
Go to BM List >> Alternative Banking

60. Banking Tech Report – November 201660
Back end solutions (3/53)
Company Overview Business Model Total Funding
Canopus Innovative
Technology
(1992, Moscow)
Software solutions for financial industry.
SwissMetrics
(2014, Zurich)
Provides cedit risk management metrics
Predizo
(2012, Minsk)
Predictive modeling and data mining.
PaySwag
(2014, Reno)
White label debt repayment application platform.
Huilianjk
(2015, Beijing)
Technology solutions to banks for improving efficiency
Taoshicapital
EdgeVerve Systems
(2014, Bangalore)
Software subsidiary of Infosys
Obserwatorium
(2015, Poland)
IT consulting for financial institutions
Yethi
(2013, Bangalore)
Testing automation products and services
Go to BM List >> Alternative Banking

61. Banking Tech Report – November 201661
Back end solutions (4/53)
Go to BM List >> Alternative Banking

62. Banking Tech Report – November 201662
Back end solutions (5/53)
Go to BM List >> Alternative Banking

63. Banking Tech Report – November 201663
Back end solutions (6/53)
Go to BM List >> Alternative Banking

64. Banking Tech Report – November 201664
Back end solutions (7/53)
Go to BM List >> Alternative Banking

65. Banking Tech Report – November 201665
Back end solutions (8/53)
Go to BM List >> Alternative Banking

66. Banking Tech Report – November 201666
Back end solutions (9/53)
Go to BM List >> Alternative Banking

67. Banking Tech Report – November 201667
Back end solutions (10/53)
Go to BM List >> Alternative Banking

68. Banking Tech Report – November 201668
Back end solutions (11/53)
Go to BM List >> Alternative Banking

69. Banking Tech Report – November 201669
Back end solutions (12/53)
Go to BM List >> Alternative Banking

70. Banking Tech Report – November 201670
Back end solutions (13/53)
Go to BM List >> Alternative Banking

71. Banking Tech Report – November 201671
Back end solutions (14/53)
Go to BM List >> Alternative Banking

72. Banking Tech Report – November 201672
Back end solutions (15/53)
Go to BM List >> Alternative Banking

73. Banking Tech Report – November 201673
Back end solutions (16/53)
Go to BM List >> Alternative Banking

74. Banking Tech Report – November 201674
Back end solutions (17/53)
Go to BM List >> Alternative Banking

75. Banking Tech Report – November 201675
Back end solutions (18/53)
Go to BM List >> Alternative Banking

76. Banking Tech Report – November 201676
Back end solutions (19/53)
Go to BM List >> Alternative Banking

77. Banking Tech Report – November 201677
Back end solutions (20/53)
Go to BM List >> Alternative Banking

78. Banking Tech Report – November 201678
Back end solutions (21/53)
Go to BM List >> Alternative Banking

79. Banking Tech Report – November 201679
Back end solutions (22/53)
Go to BM List >> Alternative Banking

80. Banking Tech Report – November 201680
Back end solutions (23/53)
Go to BM List >> Alternative Banking

81. Banking Tech Report – November 201681
Back end solutions (24/53)
Go to BM List >> Alternative Banking

82. Banking Tech Report – November 201682
Back end solutions (25/53)
Go to BM List >> Alternative Banking

83. Banking Tech Report – November 201683
Back end solutions (26/53)
Go to BM List >> Alternative Banking

84. Banking Tech Report – November 201684
Back end solutions (27/53)
Go to BM List >> Alternative Banking

85. Banking Tech Report – November 201685
Back end solutions (28/53)
Go to BM List >> Alternative Banking

86. Banking Tech Report – November 201686
Back end solutions (29/53)
Go to BM List >> Alternative Banking

87. Banking Tech Report – November 201687
Back end solutions (30/53)
Go to BM List >> Alternative Banking

88. Banking Tech Report – November 201688
Back end solutions (31/53)
Go to BM List >> Alternative Banking

89. Banking Tech Report – November 201689
Back end solutions (32/53)
Go to BM List >> Alternative Banking

90. Banking Tech Report – November 201690
Back end solutions (33/53)
Go to BM List >> Alternative Banking

91. Banking Tech Report – November 201691
Back end solutions (34/53)
Go to BM List >> Alternative Banking

92. Banking Tech Report – November 201692
Back end solutions (35/53)
Go to BM List >> Alternative Banking

93. Banking Tech Report – November 201693
Back end solutions (36/53)
Go to BM List >> Alternative Banking

94. Banking Tech Report – November 201694
Back end solutions (37/53)
Go to BM List >> Alternative Banking

95. Banking Tech Report – November 201695
Back end solutions (38/53)
Go to BM List >> Alternative Banking

96. Banking Tech Report – November 201696
Back end solutions (39/53)
Go to BM List >> Alternative Banking

97. Banking Tech Report – November 201697
Back end solutions (40/53)
Go to BM List >> Alternative Banking

98. Banking Tech Report – November 201698
Back end solutions (41/53)
Go to BM List >> Alternative Banking

99. Banking Tech Report – November 201699
Back end solutions (42/53)
Go to BM List >> Alternative Banking

100. Banking Tech Report – November 2016100
Back end solutions (43/53)
Go to BM List >> Alternative Banking

101. Banking Tech Report – November 2016101
Back end solutions (44/53)
Go to BM List >> Alternative Banking

102. Banking Tech Report – November 2016102
Back end solutions (45/53)
Go to BM List >> Alternative Banking

103. Banking Tech Report – November 2016103
Back end solutions (46/53)
Go to BM List >> Alternative Banking

104. Banking Tech Report – November 2016104
Back end solutions (47/53)
Go to BM List >> Alternative Banking

105. Banking Tech Report – November 2016105
Back end solutions (48/53)
Go to BM List >> Alternative Banking

106. Banking Tech Report – November 2016106
Back end solutions (49/53)
Go to BM List >> Alternative Banking

107. Banking Tech Report – November 2016107
Back end solutions (50/53)
Go to BM List >> Alternative Banking

108. Banking Tech Report – November 2016108
Back end solutions (51/53)
Go to BM List >> Alternative Banking

109. Banking Tech Report – November 2016109
Back end solutions (52/53)
Go to BM List >> Alternative Banking

110. Banking Tech Report – November 2016110
Back end solutions (53/53)
Go to BM List >> Alternative Banking

111. Banking Tech Report – November 2016111
Alternative Banking (1/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

112. Banking Tech Report – November 2016112
Alternative Banking (2/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

113. Banking Tech Report – November 2016113
Alternative Banking (3/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

114. Banking Tech Report – November 2016114
Alternative Banking (4/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

115. Banking Tech Report – November 2016115
Alternative Banking (5/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

116. Banking Tech Report – November 2016116
Alternative Banking (6/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

117. Banking Tech Report – November 2016117
Alternative Banking (7/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

118. Banking Tech Report – November 2016118
Alternative Banking (8/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

119. Banking Tech Report – November 2016119
Alternative Banking (9/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

120. Banking Tech Report – November 2016120
Alternative Banking (10/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

121. Banking Tech Report – November 2016121
Alternative Banking (11/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

122. Banking Tech Report – November 2016122
Alternative Banking (12/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

123. Banking Tech Report – November 2016123
Alternative Banking (13/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

124. Banking Tech Report – November 2016124
Alternative Banking (14/14)
Back end
solutions
<< Go to BM List >>
Front-end Channel
Providers

125. Banking Tech Report – November 2016125
Front-end Channel Providers (1/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

126. Banking Tech Report – November 2016126
Front-end Channel Providers (2/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

127. Banking Tech Report – November 2016127
Front-end Channel Providers (3/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

128. Banking Tech Report – November 2016128
Front-end Channel Providers (4/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

129. Banking Tech Report – November 2016129
Front-end Channel Providers (5/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

130. Banking Tech Report – November 2016130
Front-end Channel Providers (6/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

131. Banking Tech Report – November 2016131
Front-end Channel Providers (7/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

132. Banking Tech Report – November 2016132
Front-end Channel Providers (8/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

133. Banking Tech Report – November 2016133
Front-end Channel Providers (9/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

134. Banking Tech Report – November 2016134
Front-end Channel Providers (10/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

135. Banking Tech Report – November 2016135
Front-end Channel Providers (11/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

136. Banking Tech Report – November 2016136
Front-end Channel Providers (12/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

137. Banking Tech Report – November 2016137
Front-end Channel Providers (13/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

138. Banking Tech Report – November 2016138
Front-end Channel Providers (14/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

139. Banking Tech Report – November 2016139
Front-end Channel Providers (15/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

140. Banking Tech Report – November 2016140
Front-end Channel Providers (16/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

141. Banking Tech Report – November 2016141
Front-end Channel Providers (17/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

142. Banking Tech Report – November 2016142
Front-end Channel Providers (18/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

143. Banking Tech Report – November 2016143
Front-end Channel Providers (19/19)
Alternative
Banking
<< Go to BM List >>
Regulatory &
Compliance

144. Banking Tech Report – November 2016144
Regulatory & Compliance (1/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

145. Banking Tech Report – November 2016145
Regulatory & Compliance (2/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

146. Banking Tech Report – November 2016146
Regulatory & Compliance (3/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

147. Banking Tech Report – November 2016147
Regulatory & Compliance (4/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

148. Banking Tech Report – November 2016148
Regulatory & Compliance (5/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

149. Banking Tech Report – November 2016149
Regulatory & Compliance (6/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

150. Banking Tech Report – November 2016150
Regulatory & Compliance (7/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

151. Banking Tech Report – November 2016151
Regulatory & Compliance (8/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

152. Banking Tech Report – November 2016152
Regulatory & Compliance (9/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

153. Banking Tech Report – November 2016153
Regulatory & Compliance (10/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

154. Banking Tech Report – November 2016154
Regulatory & Compliance (11/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

155. Banking Tech Report – November 2016155
Regulatory & Compliance (12/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

156. Banking Tech Report – November 2016156
Regulatory & Compliance (13/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

157. Banking Tech Report – November 2016157
Regulatory & Compliance (14/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

158. Banking Tech Report – November 2016158
Regulatory & Compliance (15/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

159. Banking Tech Report – November 2016159
Regulatory & Compliance (16/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

160. Banking Tech Report – November 2016160
Regulatory & Compliance (17/17)
Front-end
Channel
Providers
<< Go to BM List >>
Fraud & Risk
Management

161. Banking Tech Report – November 2016161
Fraud & Risk Management (1/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

162. Banking Tech Report – November 2016162
Fraud & Risk Management (2/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

163. Banking Tech Report – November 2016163
Fraud & Risk Management (3/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

164. Banking Tech Report – November 2016164
Fraud & Risk Management (4/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

165. Banking Tech Report – November 2016165
Fraud & Risk Management (5/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

166. Banking Tech Report – November 2016166
Fraud & Risk Management (6/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

167. Banking Tech Report – November 2016167
Fraud & Risk Management (7/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

168. Banking Tech Report – November 2016168
Fraud & Risk Management (8/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

169. Banking Tech Report – November 2016169
Fraud & Risk Management (9/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

170. Banking Tech Report – November 2016170
Fraud & Risk Management (10/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

171. Banking Tech Report – November 2016171
Fraud & Risk Management (11/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

172. Banking Tech Report – November 2016172
Fraud & Risk Management (12/12)
Regulatory &
Compliance
<< Go to BM List >>
Marketing
Solutions

173. Banking Tech Report – November 2016173
Marketing Solutions (1/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

174. Banking Tech Report – November 2016174
Marketing Solutions (2/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

175. Banking Tech Report – November 2016175
Marketing Solutions (3/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

176. Banking Tech Report – November 2016176
Marketing Solutions (4/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

177. Banking Tech Report – November 2016177
Marketing Solutions (5/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

178. Banking Tech Report – November 2016178
Marketing Solutions (6/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

179. Banking Tech Report – November 2016179
Marketing Solutions (7/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

180. Banking Tech Report – November 2016180
Marketing Solutions (8/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

181. Banking Tech Report – November 2016181
Marketing Solutions (9/9)
Fraud & Risk
Management
<< Go to BM List >> Payments

182. Banking Tech Report – November 2016182
Payments (1/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

183. Banking Tech Report – November 2016183
Payments (2/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

184. Banking Tech Report – November 2016184
Payments (3/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

185. Banking Tech Report – November 2016185
Payments (4/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

186. Banking Tech Report – November 2016186
Payments (5/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

187. Banking Tech Report – November 2016187
Payments (6/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

188. Banking Tech Report – November 2016188
Payments (7/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

189. Banking Tech Report – November 2016189
Payments (8/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

190. Banking Tech Report – November 2016190
Payments (9/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

191. Banking Tech Report – November 2016191
Payments (10/10)
Marketing
Solutions
<< Go to BM List >> Data APIs

192. Banking Tech Report – November 2016192
Data APIs (1/3)
Payments << Go to BM List >> API Banking

193. Banking Tech Report – November 2016193
Data APIs (2/3)
Payments << Go to BM List >> API Banking

194. Banking Tech Report – November 2016194
Data APIs (3/3)
Payments << Go to BM List >> API Banking

195. Banking Tech Report – November 2016195
API Banking (1/2)
Data APIs << Go to BM List >>

196. Banking Tech Report – November 2016196
API Banking (2/2)
Data APIs << Go to BM List >>

197. Banking Tech Report – November 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
197

198. Banking Tech Report – November 2016198
Team
198
Madhvi Agarwal
Senior Analyst – Fintech
Tarun Bansal
Lead Analyst – Fintech

199. Banking Tech Report – November 2016199