FinovateFall 2013 / Luminous
Presenter Profile:
How they describe themselves: We solve problems, that’s what we help banks do. We’re the ultimate financial innovations company with visionary products that are breakthrough in sheer simplicity (simplicity being another word for higher ROIs). Our solutions are intuitive. They’re for banks. We know how banks work, how banks think, with technology solutions designed for what banks need. Backed by Hasso Plattner Ventures, we continue to expand our way of thinking as well as our global reach with offices in South Africa, London, Brisbane, and Mumbai. We also have a number of partnering agreements with industry leaders across the globe.
How they describe their product/innovation: Online business loan PreApprover is a customer-driven, self-service tool that identifies suitable loan customers from unsuccessful applicants with minimal effort from the bank. PreApprover reduces the amount of resources spent on the screening process and enables more business customers to apply for loans.
Product Distribution Strategy: Through financial institutions
Contacts:
Bus. Dev., Press, & Sales: Andrew Buchanan, Global Head of Sales, andrew.buchanan@luminousbanking.com, (t) +44 207 692 4080, (m) +44 0 7766 804968
Website: luminousbanking.com
Twitter: @luminousbanking
HQ Location: Johannesburg, South Africa
Founded: 2009
Product Demoed: PreApprover
Product Launch: February 2013
Presenter(s): Andrew Buchanan (Global Head of Sales),
Andrew Teversham (CTO)
- Key Executives
Andrew Buchanan (Global Head of Sales), Warren Bond (CEO), Arno van der Walt (CFO), Andrew Teversham (CTO), Philippa Newnes (Head of Marketing), & Liz Morris (Head of Talent)
Key Stats
- Key Board Members
Warren Bond (CEO, Luminous), Arno van der Walt (CFO, Luminous), Andrew Teversham (CTO, Luminous), & Marc Balkin (Co-Managing Partner, Hasso Plattner Ventures)
- Key Advisory Board Members
Warren Bond (CEO, Luminous), Arno van der Walt (CFO, Luminous), Andrew Teversham (CTO, Luminous), & Marc Balkin (Co-Managing Partner, Hasso Plattner Ventures)
- Key Investors
Hasso Plattner Ventures, Warren Bond (CEO, Luminous), Arno van der Walt (CFO, Luminous), Andrew Teversham (CTO, Luminous), & Paulo Froes (Head of Asia Pacific Sales, Luminous)
- Key Partnerships
Nihilent Technologies & First Rand Group
- Key Customers
First National Bank South Africa, First Rand Bank India, Rand Merchant Bank South Africa, First National Bank Namibia, First National Bank Botswana, & First National Bank Zambia