SESAMm

Finovate Global: Showcasing International Alums at FinovateSpring

Finovate Global: Showcasing International Alums at FinovateSpring
By David Penn Posted on
Categories: 9Spokes, Finovate Global, FinTech Insights by Scientia, FINTEQ & Smart Faktor, Flybits, Fundica, Horizn, Hyperswitch, Kani Payments, Lucinity, Nubank, PayTic, SESAMm

With FinovateSpring only days away (May 23 through May 25), this week’s edition of Finovate Global will showcase those innovators demoing at the event that are headquartered outside the United States.

There’s still time to register and join us in San Francisco, California for our annual Spring fintech conference. Visit our FinovateSpring 2023 hub today and get your ticket today!

9Spokes

Founded in 2012 and headquartered in New Zealand, 9Spokes unlocks open banking and data, giving financial institutions a powerful set of tools to engage SMB customers. LinkedIn.

FinTech Insights by Scientia

Founded in 2016 and headquartered in London, U.K., FinTech Insights by Scientia offers a competitive analysis tool for banks and fintechs to help them create compelling digital banking experiences. LinkedIn.

FINTEQ

Founded in 2017 and headquartered in Poland, FINTEQ removes credit risk from the supply chain, giving suppliers a healthy and sustainable trade finance alternative. LinkedIn.

Flybits

Founded in 2013 and headquartered in Toronto, Canada, Flybits offers a personalization platform that enables financial institutions to deliver best-in-class personalized digital banking experiences. LinkedIn.

Fundica

Founded in 2017 and headquartered in Montreal, Canada, Fundica is a government funding platform used by some of the largest financial institutions in North America to acquire clients at scale. LinkedIn.

Horizn

Founded in 2012 and headquartered in Toronto, Canada, Horizn helps financial institutions maximize the impact of digital and accelerate returns on digital investments with customers and employees. LinkedIn.

HyperSwitch

Founded in 2022 and headquartered in India, HyperSwitch is an open source payments switch designed to make payments fast, reliable, and affordable. LinkedIn.

Kani

Founded in 2018 and headquartered in Newcastle, U.K., Kani offers end-to-end reconciliation and reporting, automating the back office for payments companies and fintechs, and ensuring accuracy and compliance. LinkedIn.

Lucinity

Founded in 2018 and headquartered in Reykjavik, Iceland, Lucinity combats financial crime with innovative GenAI technology for smarter and faster FinCrime compliance. LinkedIn.

PayTic

Founded in 2020 and headquartered in Charlottetown, Canada, PayTic is a SaaS platform that automates and manages all key aspects of program management: network fees, reconciliation, reporting, and fraud. LinkedIn.

SESAMm

Founded in 2014 and headquartered in Metz, France, SESAMm specializes in big data and artificial intelligence, providing analytics from more than 20 billion articles and messages using NLP. LinkedIn.

Here is our look at fintech innovation around the world.

Central and Eastern Europe

Middle East and Northern Africa

Central and Southern Asia

Latin America and the Caribbean

Asia-Pacific

Sub-Saharan Africa

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FinovateSpring 2023 Sneak Peek: SESAMm

FinovateSpring 2023 Sneak Peek: SESAMm
By Madeline Clines Posted on
Categories: FinovateSpring 2023, FinovateSpring 2023 Sneak Peek, SESAMm

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot.

SESAMm is a fintech company specializing in big data and artificial intelligence. It provides analytics and investment signals from over 20 billion web data points using NLP.

Features

  • Receive timely understanding of potential risks in relevant companies
  • Monitor over 5 million public and private companies
  • Benchmark companies against peers based on their controversy score level

Why it’s great

SESAMm’s scores uncover risks in any public or private company to enhance investment and risk decisions.

Presenters

Sylvain Forté, CEO
Forté’s passion for artificial intelligence and finance led him to create SESAMm in 2014. Forté holds a double degree in engineering from Germany and France.
LinkedIn

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Natural Language Analytics Innovator SESAMm Locks in $37 Million in New Funding

Natural Language Analytics Innovator SESAMm Locks in $37 Million in New Funding
By David Penn Posted on
Categories: Alumni News, Daily news, Funding, SESAMm
  • Paris-based natural language analytics data provider SESAMm raised $37 million (€35 million) in Series B2 funding this week.
  • The company will use the investment to grow its workforce and fuel global expansion.
  • A Best of Show winner at FinovateEurope 2022, SESAMm culls billions of web articles and other content to provide organizations and businesses with sentiment and ESG data on public and private companies.

Natural language analytics data provider SESAMm has raised $37 million (€35 million) in Series B2 funding. The investment will help accelerate the Paris, France-based company’s growth and plans for global expansion. SESAMm also will use the capital to add to its workforce in sustainability, technology, sales, and marketing.

“We are happy and grateful to close this €35 million Series B2 round to continue our growth journey and expand to new international markets such as Singapore,” SESAMm CEO and co-founder Sylvain Forté said. “Raising a significant amount during challenging market conditions highlights the relevancy of SESAMm’s focus on two key trends: AI and sustainability. In turn, these tools enable organizations to make better decisions and fill the data gaps, particularly in ESG, on both public and private companies.”

SESAMm’s funding comes almost a year after it won Best of Show at FinovateEurope in London for the live demo its TextReveal solution. Powered by SESAMm’s natural language processing engine, the platform analyzes over 20 billion web articles and messages to deliver daily sentiment and ESG data. The company serves top private equity firms, hedge funds, and other asset management companies, as well as both small and large corporations, with services ranging from controversy detection and private equity due diligence to ESG and SDG sentiment scores and suppliers monitoring.

This week’s round was co-led by deep tech VC firm Elaia and BNP Paribas’ venture capital arm, Opera Tech Ventures. The funding takes SESAMm’s total equity funding to $53 million (€50 million). Also participating were asset manager Unigestion, Raiffeisen Bank International’s venture capital arm Elevator Ventures, AFG Partners, and CEGEE Capital. Investors in SESAMm’s previous Series B1 round, including Carlyle and New Alpha Asset Management, also participated.

Founded in 2014, SESAMm finished last year as the recipient of the Real Deals ESG Tech Award, which recognizes both demonstrated customer and revenue growth, as well as the impact of the recipient’s work on businesses and clients. In November, SESAMm announced a partnership with EthiFinance to help the European risk analysis and ESG rating specialist launch its EthiMonitor solution. The technology provides ESG controversy analysis “for any SME universe.” Also late last year, SESAMm teamed up with South Korea-based Kyobo AXA Investment Managers to develop machine learning models based on SESAMm’s NLP alternative data.

Photo by Pixabay

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FinovateEurope 2023 Sneak Peek: SESAMm

FinovateEurope 2023 Sneak Peek: SESAMm
By Madeline Clines Posted on
Categories: FinovateEurope 2023, FinovateEurope 2023 Sneak Peek, SESAMm

A look at the companies demoing at FinovateEurope in London on March 14. Register today and save your spot.

SESAMm is a fintech company specializing in big data and artificial intelligence. It provides analytics and investment signals from over 20B web data points using NLP.

Features

  • Broad coverage: includes 20B articles covering 5M public and private companies
  • Timeliness: provides near-live web data
  • Transparency and expertise: delivers detailed alerts and 90 pre-built ESG risk categories

Why it’s great

TextReveal® Alerts & Monitoring helps companies keep track of potential controversies and positive-impact events on companies of interest.

Presenter

Sylvain Forté, CEO
Forté is the CEO & Co-Founder of SESAMm. His passion for artificial intelligence and finance led him to create SESAMm in 2014. Forté holds a double degree in engineering from Germany and France.
LinkedIn

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FinovateFall 2022 Sneak Peek: SESAMm

FinovateFall 2022 Sneak Peek: SESAMm
By Madeline Clines Posted on
Categories: FinovateFall 2022, FinovateFall 2022 Sneak Peek, SESAMm

A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot.

SESAMm specializes in big data and AI. At FinovateFall, the company is demoing its ESG Monitoring and Alerting product that detects controversies and positive impact events on web data.

Features

  • ESG controversies and SDGs positive impact topics identification on 5+ million companies
  • Event monitoring on private and public companies
  • Delivery methods: Daily emails, cloud and CRM integration, among others

Why it’s great

SESAMm’s ESG and SDG Alerts leverage AI to give firms the ability to monitor millions of public and private companies worldwide, providing more objective indicators.

Presenter

Sylvain Forté, CEO
Sylvain Forté, CEO and Co-Founder of SESAMm, created the company in 2014 based on his passion for artificial intelligence and finance after receiving a double degree in engineering.
LinkedIn

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Talking Best of Show with Greg Palmer and the Finovate Podcast – On Video!

Talking Best of Show with Greg Palmer and the Finovate Podcast – On Video!
By David Penn Posted on
Categories: Best of Show, Finshape, Podcasting, SESAMm, Speaker series, Trulioo

Join Finovate VP and Host of the Finovate Podcast Greg Palmer as he shares his video conversations with Finovate Best of Show winning companies.

Greg Palmer talks with Irfan Khan, CEO, and James Goodwin, Director of Business Development, with mmob. FinovateEurope 2022 Best of Show winner. Demo video.

“What mmob does is solve the pain points on two sides of an ecosystem. On one side for third party product providers and service providers, we integrate all of their products and services onto our network. Then we also make that seamlessly accessible through to larger distribution channels so their products and services can be integrated natively.”

Greg Palmer catches up with Hal Lonas, Chief Technology Officer with Trulioo. FinovateEurope 2022 Best of Show winner. Demo video.

“(Identity verification) is very challenging, especially when you look at it as a global problem. Every region, every geography has a little bit of a twist. People may not have consistent addresses in some countries, or may not have a track record with a financial institution or a utility compared to some other places. So identity verification is very, very difficult and made much more complicated if you operate in a lot of countries or incorporate a lot of data sources.”

Greg Palmer talks with Sylvain Forté, CEO and co-founder of SeSAMm, which won Best of Show honors at FinovateEurope 2022. Demo video.

“We are an AI company focused on analyzing billions of articles and messages from the web in real -time using a technology called Natural Language Processing (NLP). We basically process text data and we derive insights that are consumed by financial professionals and corporates. We have the ability to screen an enormous, 20 billion articles and messages and to detect things like environmental, social, and governance risks; early warnings; analyzing competitors; measuring sentiment on companies and on concept.”

Greg Palmer chats with Tamás Braun, International Sales Director with FinovateEurope 2022 Best of Show winner, Finshape. Demo video.

“Finshape is a new brand in the digital banking market. It has come about with the merger of two companies: BSC (Banking Software Company) and W.UP. With the combined force of these two companies, Finshape now has about 700 people with a hundred banking clients across the globe as clients and partners across four continents. We’re very proud to have built this digital powerhouse and we’re looking to do a lot more in shaping the future of digital banking.”

Stay tuned for more videos from Greg Palmer and the Finovate Podcast’s Conversations with Best of Show winners.

Photo by Donald Tong

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FinovateEurope 2022 Best of Show Winners Announced

FinovateEurope 2022 Best of Show Winners Announced
By David Penn Posted on
Categories: Best of Show, Dreams, FinovateEurope 2022, Finshape, mmob, SESAMm, Trulioo

Day One of FinovateEurope is in the books. The demos are done and, now that the votes of our attendees have been counted, we are happy to introduce the winners of Best of Show for FinovateEurope 2022.

Dreams for its engagement banking platform, rooted in cognitive and behavioral science, that offers a unique way to engage your customers. Demo.

Finshape for its technology that helps banks win the race for digital customers through ready-made digital products and custom delivery services. Demo.

mmob for its technology that makes embedded finance easy and empowers consumer-facing fintechs to supercharge their growth through embedded finance partnerships. Demo.

SESAMm for its technology that leverages big data and artificial intelligence to provide investment signals to investors. Demo.

Trulioo for its global identity verification technology that helps organizations mitigate risk, reduce fraud, and scale compliance programs globally. Demo.

Thanks to all of our demoing companies, our speakers and presenters, our sponsors and partners, and our outstanding audience of both in-person and digital attendees. Be sure to stay connected to the Finovate blog and social media @Finovate to keep up with the latest from our FinovateEurope companies and presenters.

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The five companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 through 2021 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017
FinovateAsia 2017
FinovateMiddleEast 2018
FinovateEurope 2018
FinovateSpring 2018
FinovateFall 2018
FinovateAsia 2018
FinovateAfrica 2018
FinovateEurope 2019
FinovateSpring 2019
FinovateFall 2019
FinovateAsia 2019
FinovateMiddleEast 2019
FinovateEurope 2020
FinovateFall 2020
FinovateWest 2020
FinovateEurope 2021
FinovateSpring 2021
FinovateFall 2021

Photo by cottonbro from Pexels

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FinovateEurope 2022 Sneak Peek: SESAMm

FinovateEurope 2022 Sneak Peek: SESAMm
By Heather Stowell Posted on
Categories: FinovateEurope 2022, FinovateEurope 2022 Sneak Peek, SESAMm

A look at the companies demoing at FinovateEurope on March 15 digitally and live in London on March 22 and 23, 2022. Register today and save your spot.

SESAMm is a fintech company that specializes in big data and artificial intelligence. It provides analytics and investment signals by analyzing over 17 billion web articles and messages using NLP.

Features

  • Early detection of ESG risks and alpha signals
  • Extensive coverage of companies from large to very small
  • Timely insights updated daily to anticipate market reactions

Why it’s great

TextReveal® creates alpha-generating opportunities and systematically identifies ESG Risks, leading to better decision-making and better returns.

Presenter

Sylvain Forté, CEO and Co-Founder
Forté is the CEO and Co-Founder of SESAMm. His passion for artificial intelligence and finance led him to create SESAMm in 2014. He holds a double degree in engineering from Germany and France.
LinkedIn

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