Former Malauzai Software and Sensibill CTO joins BankiFi to enhance technology
COLUMBUS, Ohio–(BUSINESS WIRE)–BankiFi, a leading provider of embedded banking solutions, announced that it has hired Danny Piangerelli as its newest chief technology officer. As CTO, Piangerelli will oversee all aspects of technology development and create policies and procedures that utilize technology to enhance BankiFi’s solutions for the North American market.
Piangerelli has more than 25 years of experience in software engineering and has served in multiple high-level leadership positions. Piangerelli co-founded Malauzai Software in 2010 and served as its CTO until it was acquired by Finastra in 2018. Piangerelli then served as Chief Architect of Finastra’s North American community markets business, CTO for Sensibill and as a board advisor at ZSuite.
“BankiFi’s embedded banking technology has proven to be highly effective at providing comprehensive open cash management for small businesses,” said Piangerelli. “By partnering with trusted financial institutions, BankiFi enables straightforward payments to and from anywhere.”
Piangerelli’s hiring comes after BankiFi’s North American expansion and its strategic growth funding. BankiFi recently launched its services in North America, adding to BankiFi’s markets alongside Europe, Australia, New Zealand and Asia. BankiFi received a $4.8 million investment from previous stakeholders for its expansion into the U.S. and Canada.
“This is a very exciting time for BankiFi,” said Keith Riddle, CEO of BankiFi Americas. “As we’re hoping to grow our business, we’re also striving to make our services better. The nature of our business means that we must be constantly innovating, and we think Danny is the perfect leader for that job. We look forward to working with Danny and seeing how he helps us improve our technology.”
BankiFi is on a mission to help over two million SMBs globally by 2024 through partnering with financial institutions to provide technology designed to make business banking better. BankiFi’s platform enables financial institutions to provide a set of integrated services – accounting, invoicing and payments – designed around the processes SMB and trade customers use to run their business. It equips financial institutions to become customer centric, rather than product centric, increasing their revenues (direct and through actionable insights) and reducing costs. BankiFi’s offices are in Ohio, Manchester, Sydney and Antwerp. For more information, visit www.bankifi.com.
William Mills Agency