Mark Sykes’ Post

The third in our series shining a spotlight on scale up businesses, Conrad Ford, Chief Product & Strategy Officer at Allica Bank, reveals how the leadership team overcame the challenges of scaling a fast-growing fintech business. 

Knight Fintech has solidified its market leadership position in the co-lending infrastructure space, securing a notable 70% market share. Over the past year, the company has consistently won tenders from multiple banks, with a clientele comprising 8 out of 12 Public Sector Banks and prominent Private Sector Banks, totalling over 75 large financial institutions. Under the leadership of Kushal Rastogi and Parthesh Shah, CFA, the company has achieved an impressive 120% YoY growth, driven by strategic investments in technology, infrastructure, and a 200% team expansion. With successful implementation in major financial institutions, along with 6 banks with 70 partnerships live, Knight Fintech is strongly positioned for exponential growth. The platform is already managing over INR 18,000 Cr in assets with a robust pipeline of dealflow. The Company has been adopting an agile approach and has introduced three new products in the last year, reflecting the company's commitment to innovate as per industry demands. With a strong foundation and great outlook, Knight Fintech is poised to lead the charge in shaping the future of the dynamic banking tech industry. #KnightFintech #BankingTech #BankingTechnology #Lending #DigitalLending #Colending #Transformation #GrowthStory

📢Only 1 day left! Tomorrow is the day! Join Susanne Chishti, CEO of FINTECH Circle, for our exclusive Fintech Capital London webinar on October 9th, 2024. In this session, you’ll learn how the FCA’s new listing rules and the CMIT reform can open up incredible growth opportunities for your fintech business. Discover: 1. How to leverage the new listing rules to access capital and scale faster. 2. The impact of CMIT reform on strengthening London’s capital markets, making it an even more attractive hub for fintechs. 3. Why London remains the world’s leading fintech hub and how these changes will help you stay ahead. This webinar is a must for fintech entrepreneurs, investors, and professionals looking to unlock new growth opportunities. 🗓 Date: October 9th, 2024 ⏲️ Time: 12 PM - 1 PM GMT ⏳ Don’t wait! Secure your spot now! Book Now 👉https://lnkd.in/dfJw4RTz #Fintech #London #FCA #CMITReform #BusinessGrowth #FintechInnovation #ScalingYourBusiness #CapitalMarkets

Fintech Awards London 2024 is now open for nominations for Fintech Advisory Firm of the Year. Here is your chance to be recognised https://hubs.li/Q02mcydw0. This award is open to any firm that actively supports or advises businesses. You will need to show the following points: ✅Overview of the firm, its structure and client base. ✅Clear corporate social responsibility plan. ✅Evidence of how you have gone over and above for clients. ✅Evidence of commercial performance. ✅Commitment to staff well-being and evidence of associated programmes. Apply or nominate for this category: https://hubs.li/Q02mcydw0! The nomination deadline is 8 March 2024 at 23:00. Click the link to check all the awards categories open to apply for Fintech Awards London 2024: https://hubs.li/Q02mct220. #Fintech #fintechawards #FintechAwardsLondon24

📢Unlock New Growth Opportunities in Fintech! Join us on October 9th, 2024, for an exclusive webinar with Susanne Chishti, Founder & Chair of FINTECH Circle. Learn how the FCA’s new listing rules and CMIT reform are set to transform the fintech landscape in London and beyond. In just one hour, we’ll cover: 🔹How to leverage new listing rules to access capital and scale your fintech business. 🔹The impact of the CMIT reform on the UK’s capital markets. 🔹Why London continues to be the global fintech hub and how you can benefit from its vibrant ecosystem. This session is perfect for fintech entrepreneurs, investors, and professionals aiming to stay ahead in a fast-moving sector. Don’t miss this chance to gain actionable insights and strategies for growth. 🗓 Date: October 9th, 2024 ⏲️ Time: 12 PM - 1 PM GMT Book Now 👉https://lnkd.in/dfJw4RTz P.S. The future of fintech is here—make sure you’re ready to capitalise on #Fintech #London #FCA #CMITReform #BusinessGrowth #FintechInnovation #ScalingYourBusiness #CapitalMarkets

On my way back to London. Travelling a bit, uh? Yes, a lot, but setting up and scaling up a serious business is hardly done remotely. Finance to be reinvented? Yes and no. Banks are here to stay, Citi one of the loves of my life. Salomon Brothers 😘 Yet a growing demographic, both individuals and institutionals, not served adequately anymore by tradFi, for several reasons. We’re here for ya all. #democratizefinance #digitalassets #defi #finance

The acquisition of Virgin Money by thd Nationwide Building Society is not an unexpected development. Both firms will benefit from from one another's scale and digital expertise. The result will create a real challenger to the top 5 UK banks, but it will also result in less choice for customers, more consolidation in the sector with potential risks ranging from reduced competition to digital resilience. Let's hope that when merger is done and dusted the comment by Kevin Parry OBE Chair of Nationwide that the “combined group would deliver the benefits of fairer banking and mutual ownership to more people in the UK” will actually come true. Elizabeth Lumley, Brendan Gilmore, Douglas Grant, The Banker https://lnkd.in/e2SfVMQf

📢6 days to go! Time is running out to secure your spot at the Fintech Capital London webinar with Susanne Chishti, Founder & Chair of FINTECH Circle, on October 9th, 2024! In this one-hour session, you’ll dive deep into: 🔹The FCA’s new listing rules and how they can help fintech companies access capital more easily and drive innovation. 🔹The CMIT reform and its impact on the UK’s capital markets, making London an even stronger hub for fintech businesses. 🔹Why London remains the global leader for fintech growth and how your business can benefit from these new opportunities. This webinar is designed for fintech entrepreneurs, investors, and financial professionals looking to scale their business, raise capital, and stay ahead of regulatory changes. 🗓 Date: October 9th, 2024 ⏲️ Time: 12 PM - 1 PM GMT 📢 Don’t miss out—register today to make sure your fintech business is ready to leverage these game-changing reforms. Book Now 👉https://lnkd.in/dfJw4RTz #Fintech #London #FCA #CMITReform #BusinessGrowth #FintechInnovation #ScalingYourBusiness #CapitalMarkets

Nice article from Bloomberg that explores Capital One’s customer-centric #banking journey; and how it’s using #technology and #data to deliver the consumer products, services, and #premium #experiences needed to compete and win at the top of the market. #financialservices #Rewards

#Money2020 is always invigorating, and I leave full of new ideas, and excited about the new possibilities for #Financialservices and #FinTech. Our observations from the session 🔽