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BankiFi appoints Chief Technology Officer

dannybankifi

Manchester’s BankiFi has hired a new CTO as it seeks to establish itself in North America.

It’s recruited former Sensibill CTO, Danny Piangerelli to oversee all aspects of its technology and infrastructure.

Piangerell has more than 25 years experience in software engineering, co-founding Malauzai Software until it was acquired by Finastra in 2018. He then became Chief Architect of Finastra’s North American community markets business.

“BankiFi’s embedded banking technology has proven to be highly effective at providing comprehensive open cash management for small businesses,” said Piangerelli.

“I was drawn to BankiFi’s approach, which is effectively disrupting the ‘disrupters’ by empowering financial institutions to offer best of breed small business solutions directly to their business customers. By partnering with trusted financial institutions, BankiFi is delighting and supporting small businesses around the world, and now including North America, and that’s a great motivator for me.”

The company recently expanded into North America, where it received $4.8m in funding, with a goal to reach 2m SMBs by the end of 2024.

“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.”

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