Skip to main content

IBS Intelligence: How and Why Fenergo is Pivoting to Appeal to Fintechs

IBS Intelligence speaks to Stella Clarke, Chief Strategy & Marketing Officer at Fenergo, about Fenergo's time at Money 20/20 EU and the release of the KYC and Transaction Compliance solution for fintechs.

Fenergo and its award-winning Client Lifecycle Management (CLM) platform is well-established within traditional finance, with clients across banking and buy-side, particularly in asset management and insurance.

With the switch to a native SaaS model three years ago, Fenergo has successfully pivoted to serve and pursue a relationship with fintechs, too, as well as providing more agility in its deployment model to become API-first.

Fenergo's new KYC and Transaction Compliance uses a single API to draw data from multiple key sources, allowing for powerful, low latency AI technology to rapidly analyze complex historical transaction data.

Announced at Money 20/20, Fenergo has launched KYC & Transaction Compliance, a new offering for FinTechs that combines its Know Your Customer (KYC) and Transaction Monitoring solutions and enables continuous monitoring of customer profiles in a single, integrated Software-as-a-Service (SaaS) solution.

In this interview, Stella speaks to Robin Amlôt of IBS Intelligence about the change in Fenergo’s strategy that’s behind the new product.

Subscribe to the Fenergo FinTalks podcast on Spotify or wherever you get your podcasts.

Check out Fenergo's other podcast episodes.