These 5 New York Fintechs aim to make your financial life easier
Fintech is the convergence of finance and technology. It is the use of technological advances to accelerate the use and transfer of financial services such as traditional tenders and cryptocurrencies such as Bitcoin and Ethereum.
Fintech services and applications are everywhere these days. Whether you’re running a business, or just using them for fun, fintech applications are in use billions of times every day around the world.
Whether you want to send money to a friend using fintech apps like Venmo and Zelle, or you need to conduct business transactions through fintech applications like Paypal and Apple Pay, chances are you use some kind of fintech service just about every day.
New York is more than just New York City, and fintech is exploding across the state.
If you’re interested in fintech, you won’t want to miss out Benzinga Fintech Deal Day & Awards, to be held at the luxurious Pier Sixty in New York City. Speakers include Christina Bechhold Russhead of strategic investment initiatives at Truist Ventures; Jay Biancamano, head of tokenization and digital funds for State Street; and Trevor Marshallchief technology officer at Current.
Fintech Deal Day starts at 08.00 on 8 December 2022.
In the meantime, here are 5 great fintech companies to watch in New York state.
cfoSOLUTIONSPlus
cfoSOLUTIONSPlus delivers fintech solutions to both small and medium-sized companies in need of CFO resources. Located in Buffalo, New York state’s second largest city, cfoSOLUTIONSPlus acts as your CFO, but offers so much more, from business start-up assistance to financial solutions. As the cfoSOLUTIONSPlus website states: “Allow yourself to focus on the day-to-day duties your business requires and leave the detailed finances to us.”
Xtiva Financial Systems
Located in Rockville Centre, just south of Hempstead, Long Island, Xtiva Financial Services has a singular focus: helping financial firm sales teams outperform themselves every day.
The company focuses on improving its sales teams because that’s where the money is. Xtiva offers AI/sales enabled tools to help sales teams develop their full potential.
Global Fund Exchange Group
Founded in 2005 and headquartered in Oyster Bay, Long Island, Global Fund Exchange Group (GFE) builds creative investment platforms for its clients that include private equities and real estate, as well as foreign exchange and cryptocurrency. Under the guidance of Anric Blatt and Lauralouise BlattGFE forms lasting relationships with top managers in all industries.
Captira Analytical
If you are a business owner and you are tired of paying the high costs of debt collectors, Captira Analytical is the company for you. Headquartered in New York’s capital, Albany, Captira Analytical provides debt collection software to small and medium-sized businesses.
Five star bank
Headquartered in Warsaw, New York, Five Star Bank has been in the banking business for more than 200 years. With 45 branches in Western and Central New York State, the company offers a wide range of financial services, including fintech. Digital banking with Five Star means transacting anywhere, anytime.
