Financial services firms utilize a range of service providers from IT to consultants and recruitment. A number of startups that comprise this Fintech sector compete with and complement traditional financial service firms.
• Find clients - generating revenue and business development opportunities for portfolio companies
• Find channel partners - connecting with larger players to allow portfolio companies to scale faster
• Identify future acquirers - creating a pathway for exit opportunities
• Makes introductions to startups that add additional services, improve simplicity, customer experience or save cost compared to traditional processes
• Facilitates pilots that allow legacy players to engage with new solutions
• Helps develop an innovation platform to test tools and products
ToneTag, the world’s largest audio-based solutions provider
"We are immensely thankful for the unwavering faith that EIP has shown in ToneTag, at EIP we have found the right support that a global product company needs in its early stage. At ToneTag we strongly believe that the best digital experience can be provided to a user when they can communicate with machines in the same natural language which we use to communicate with fellow humans.
ToneTag's acoustic platform is revolutionizing the digital experience in payments and commerce by enabling real-time payments, central bank digital currencies, and voice commerce with key partners like NPCI, Amazon, Google, Mastercard, and many leading Indian banks.
The team at EIP has been extremely helpful in laying down our global expansion plan. We are also honored to have Mr. Shridhar Chitalaya onboard as our advisor, his experience in building some of the world's biggest financial institutions and his guidance will be instrumental in setting up a solid foundation for our global journey."
LightRay AI, a platform that illuminates data to accelerate growth or mitigate risk
“Elevate has been the standout investment partner for us. We had been looking for two years for a lead investor that understood our vision, values and capabilities. We have worked with many investment managers as clients, Elevate stood out for their collaborative approach and being hands on with operations, client introductions and bringing the right partners to work with us. Shreyas and Sridhar have been a pleasure to work with. They have helped shape our message and been instrumental in our product development strategy.”
BEGiN Learning, an award-winning early learning company
“Elevate have been excellent partners throughout our journey. They have helped provide strategic input on business development, partnerships and capital strategy. They have connected us with capital partners that have been instrumental in our growth and are trusted advisers in our business.”
FairCent, the leading Marketplace lending Fintech in India
“We have known Elevate, Sridhar & Shreyas now for nearly 2 years, even before investing they have been engaging and providing deep insights. Since we are a Fintech company the team’s personal experience in the same field is invaluable. The inputs come in form of long and insightful notes and readings. Some of these recommendations have helped structure our business, product and opened up new revenue streams. It has helped us achieve revenue metrics and a business structure that is unique to the industry. Even when our company went through a difficult period caused by challenges from our lead investor, they stuck by us. In the true sense they are that rare breed of investors who bring in more than the money to the table.”
Ocrolus, a New York Fintech SaaS company that makes financial statement analysis faster and more effective
"Working with Elevate Innovation Partners (EIP) has been an all-around fantastic experience. Pre-investment, the Elevate due diligence process was thorough but didn't bog us down with unnecessary busy work. I was able to build a personal relationship with Shreyas Slater Chityala as he assessed our company, creating the foundation for a strong partnership with unwavering trust in both directions. Slater went above and beyond, devoting time to get to know me, my family, and the entire team at Ocrolus. The bond we've developed is unlike any investor relationship I've had in the past. Slater is not only there when Ocrolus needs support, guidance, advice, and strategic introductions, but he's there for me personally as a mentor, and even as a friend to play tennis with! hope that more early stage investment firms will adopt the Elevate engagement style, as young entrepreneurs like me need far more than just a check.”
FreedomPay, the global leader in Next Level Commerce™, and Elo, a leading global provider of interactive solutions and interactive display solutions, announce the integration of Elo’s M60 Pay handheld computer with FreedomPay’s secure commerce technology. Together, FreedomPay and Elo are reinventing the digital in-store experience by uniting Elo’s innovative and interactive solutions with FreedomPay’s industry-leading commerce technology platform to create a secure, frictionless, unified shopping experience for global consumers while supporting merchants with robust loyalty and data analytics capabilities.
ToneTag, India’s largest voice-based commerce and payments solution provider aims to deploy its ground-breaking technology to resolve digital payment issues faced by micro and small businesses across the country. Through strategic partnerships with major global fintech players, the company is taking steps towards achieving this goal and has already reached and deployed this solution in over 100,000 small businesses and stores across India working with partners like Google, Amazon, ICICI Bank, NSDL and few others. As a proprietary solution to empower the retail ecosystem, the POD 2.0 is a robust payment acceptance and engagement device. Its major functions include both accepting digital payments through Unified Payments Interface (UPI), UPI 123Pay and interoperable QR code, and providing instant audio and visual payment acknowledgement.
Commerce technology platform FreedomPay has partnered with Irish payment request platform Prommt to add services for enterprise customers.The strategic alignment will enable FreedomPay users to send instant, branded payment requests via email, text, chat and messaging apps. "The partnership with Prommt will enable FreedomPay to support its customers with their payment choice," said Nate Ware, SVP of sales and digital development at FreedomPay.
SquareFoot, a tech-enabled commercial real estate brokerage and office listings marketplace, has recruited veteran broker Steve Walbridge as a full-time team member. Walbridge will join SquareFoot's Los Angeles office as an Executive Vice President.
PHILADELPHIA, Nov. 16, 2022 (GLOBE NEWSWIRE) -- FreedomPay, the commerce technology partner of choice for global leaders across hospitality, retail, restaurants and sports and entertainment, announce today a partnership with Castles Technology, a globally recognized and industry-leading manufacturer of payment hardware solutions.
AUSTIN, TEXAS – Virdee, a SaaS company delivering digital check-in and virtual concierge services to the hospitality industry, has integrated with FreedomPay, the Next Level Commerce technology whose platform is powering security, data, and customer loyalty for leading global hospitality brands. FreedomPay was the first PCI-validated point-to-point encryption solution in North America with EMV, NFC, dynamic currency conversion and real-time data capabilities that delivers on a global scale.
NEW YORK, NY –Today, BEGiN, the company behind industry-leading early learning programs HOMER, codeSpark Academy, Little Passports, KidPass, and Sesame Workshop, the nonprofit educational organization behind Sesame Street, launch Learn with Sesame, the first offering to come out of their partnership. The new app uses Sesame Workshop’s tried-and-true educational approach alongside BEGiN’s four-step learning framework, ‘The BEGiN Method,’ which builds confidence, promotes problem-solving, and fosters a lifelong love of learning.
The Digiday Awards, considered to be among the most influential awards in ad tech and martech, has shortlisted Reveal Mobile in three categories: best attribution tool; best location data platform; and best measurement solution. As a triple finalist, Reveal Mobile ranks among technology providers that “are empowering advertisers and publishers to focus on new and established revenue streams while keeping the customer experience in focus.” according to Digiday.
RALEIGH, N.C., /PRNewswire/ -- Pendo, the most comprehensive product experience platform, today announced its availability on Google Cloud Marketplace, expanding its partnership with Google Cloud and giving product teams quick access to Pendo's product analytics, in-app guidance, and feedback capabilities.
The internet giant, which is currently one of the mobile transaction leaders in India with Google Pay, is piloting a soundbox of its own in the country to alert sellers of confirmations for UPI payments — a mobile payment standard developed and now ubiquitous in India for instant payments and transfers between banks, or two mobile users, or a customer and a merchant. With UPI payments, providers typically do not take any cut on UPI transactions, so soundboxes have emerged not just as a convenience for merchants, but as a monetizing tool for payments providers, too. These Soundpods are being built by Amazon-backed ToneTag, TechCrunch has learned.