Building on its recently announced North American expansion, BankiFi has appointed Danny Piangerelli, formerly of Malauzai Software and Sensibill, highlighting the company’s commitment to targeted technology innovation for the North American market.
A leading international provider of embedded banking solutions, 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.
Now, the business is illustrating the importance they place on understanding a market’s needs and tailoring its technology to meet this by welcoming Danny Piangerelli as the company’s CTO. Piangerelli will oversee all aspects of technology including engineering, architecture and infrastructure.
Piangerelli has more than 25 years of experience in software engineering and has held multiple senior leadership positions. In 2010 he co-founded Malauzai Software and served as 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. He joins the BankiFi c-suite to support the business’ product evolution in North America.
“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 new CTO’s hiring comes swiftly after BankiFi’s North American expansion and its strategic growth funding. BankiFi recently launched its services in North America, adding to its operational markets alongside Europe, Australia, New Zealand and Asia - having 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.”