Dovetail recognised as one of the hottest FinTech firms in Europe
13 February 2014
Dovetail listed on the FinTech50 2014 – a guide to game-changing technologies across Europe which are redefining financial services.
London, 12th February –Dovetail has been named as one of The FinTech50 2014, a shortlist of fifty companies in Europe that are redefining financial services through technology. The FinTech50, a collaborative project by TheCEOAgenda, ICON Corporate Finance, Hotwire, Silicon Valley Bank and Fox Williams, is an annual exercise to track one of the fastest moving sectors in technology. This year’s FinTech50 was announced as the finale to the first ever FinTechCity – three days of events held in London for technology CEOs, financial services, investors and acquirers.
The FinTech50 2014 is selected by a panel of industry experts from across the financial services and technology industry. The panel convened at the end of 2013 to debate and select 50 companies in the sector across Europe that demonstrate the potential to become a game-changer in FinTech or the competitive staying power to continue being one.
‘FinTech’ – financial technology – is a tremendous growth sector in Europe, and it is not just the traditional players getting in on the act. Entrepreneurs and established companies from different backgrounds are using technology to transform financial services across the board: from consumer finance to payments to whole new verticals such as peer-to-peer lending and crowdfunding.
Dovetail was selected as part of The FinTech50 2014 — it builds and implements best in class enterprise banking solutions across the world using its product, the Dovetail Payment Services Hub.
Martin Coen, CEO of Dovetail, said: “We are honoured to be recognised again by The FinTech50 panel. Dovetail continues its market leading position with the strongest organic growth in the sector and an unrivalled delivery track record. Our continued focus on product investment is delivering competitive advantage to our existing clients as well as enabling us to deliver effectively to more and more new clients. As the market evolves, this emphasis on product investment and our modular approach is enabling us to deliver more streamlined solutions to a larger target market. 2013 was another great year for Dovetail; we enter 2014 in a stronger position than ever and in a market that continues to expand rapidly.”
About the FinTech50
The FinTech50 was founded in 2013 by Julie Lake and Nicky Cotter, a co-founder of ICON Corporate Finance, to recognise the pioneers across Europe who are changing the Financial Services landscape. Some of the companies on the list are early stage and others have already scaled globally. One thing they have in common is that they are all disrupting one of the world’s largest industry sectors – financial services. In 2014, Julie and Nicky also launched FinTechCity London: three days of events for technology CEOs, leaders in financial services, acquirers and investors in the FinTech sector.
The FinTech50 Partners
ICON Corporate Finance
An International award-winning firm of corporate finance advisers to companies and management teams in high-growth technology sectors such as: FinTech, Telecoms, Cloud Computing, SaaS, Defence, Security, IT Services, MedTech, CleanTech, e-commerce, digital media and internet technologies. Experts at selling companies, raising venture capital funding and corporate finance strategy, ICON’s success stems from its sector knowledge, experience, deal expertise and global reach. It has key relationships with both the sources of finance, the global acquirers of technology companies and long standing relationships with IT giants: Microsoft, Oracle, Cisco, Google, Intel, ARM, Qualcomm, Symantec, HP, Amazon, Experian, Capita, Tata Consultancy Services and many others.
To speak to ICON, please contact Eddie Harding, e: email@example.com
Tel: 020 7152 6375
Hotwire is a global PR and communications agency dedicated to helping forward-looking organisations manage reputations in a rapidly evolving influencer landscape. We work with brands on campaigns through our wholly owned offices in the in the UK, US, France, Germany, Spain, Italy, Australia, and those of our global affiliate network. Our dedicated financial services and technology practice supports companies across Europe and the globe. Campaigns reach out to customers, high net worth individuals, businesses or financial institutions through traditional, online and social media outlets. Sector expertise includes payments, retail & core banking, capital markets, mobile financial services and venture capital.
To speak to Hotwire please contact: Claudia Bate: FS&Tech@hotwirepr.com
Fox Williams is a City business law firm with particular expertise in financial services and technology. The firm’s specialist financial services team has first-hand experience of enforcing regulation from within the regulator – now the FCA – and also helps technology firms to protect and unlock their value by guiding them through merger & acquisition, capital raising and other commercial ventures.
Contact: Technology, Nigel Miller e: firstname.lastname@example.org Tel: 020 7614 2504.
Financial Services e: email@example.com Tel: 020 7614 2680
Silicon Valley Bank
Silicon Valley Bank is the only global bank dedicated to the innovation sector. Our niche sector focus has made us an expert in our field and we have a proven record in the technology, life science, cleantech, private equity and venture capital industries. SVB is at the centre of the global innovation ecosystem and our unique focus means we understand the industry dynamics. We know how to manage risk and have the experience to help our clients get to the next stage. With an unparalleled network of peers and investors, SVB offers expertise, guidance and the kind of networking connections that only a bank with true industry knowledge can deliver.
To speak to SVB please contact: Alex McCracken e: firstname.lastname@example.org Tel: 020 7367 7865