Founded in 2012, TechFluence is an award-winning research and advisory boutique based in Frankfurt and London. We are on a mission to create the financial services of the future, working closely with FinTech startups, investors, financial institutions and corporates.
In 2013, when Continental Europe was known for just a handful of FinTech startups, we co-founded FinTech Forum, the first and the largest community for FinTech in the region, helping startups connect to investors, financial institutions, mentors and partners.
In 2015 we were named to the German Innovationspreis IT "Best of 2015" for helping financial institutions, investors and corporates identify, partner with or in invest in Financial Technology startups and "hidden champions".
Several startups from our community - e.g. B4Payments, BitBond, Moneymeets, Wikifolio, TraxPay, Vaamo, Lendstar, BioSSL, CashCloud, Scalable Capital, DigiCash, Decimo, Cashboard, figo etc.- have gone on to raise funding (ranging from $0.5 mn to $15 mn), win pilots or customers, or get selected for leading startup challenges and competitions.
Unbundling European Finance
Starting from ca. 120 startups at the end of 2013 when we launched our Study of FinTech series (3rd edition out in March / April 2016), we crossed the 1000 startups mark in Continental Europe alone.
The 2015 numbers for Germany, Austria & Switzerland (D-A-CH) alone show well over $1.3 bn in funding (from $50-60M in 2013) in a FinTech scene coming of age:
However, it’s still a long way to go.
Looking back to 3 years (and countless events and pitches) in the Continent’s FinTech startup scene, we still see several gaps, summarises in our blog: The 1000+ Startups Unbundling European Finance.
With our initiative Unbundling European Finance, we are looking to address some of these gaps. We are keen to create a single view of what is now a significant but rather fragmented FinTech landscape in mainland Europe, to help move FinTech forward, support startups, and “connect the dots” with investors, financial institutions, other ecosystem players across Europe.
FinTech Forum On Tour
Since 2013, FinTech Forum has been bringing together the most promising startups in Continental Europe with investors and financial institutions, via events, studies, newsletters, blogs and interviews focused on the region’s fintech scene.
FinTech Forum On Tour customises the simple but successful event format to address specific domains, technology or customer objectives.
Starting with the customer objectives, we pin down the relevant business and technology trends, followed by research and scouting of startups.
We then select the most promising startups and bring them together with the ecosystem of investors, financial institutions, regulators, partners at an (open or invitation only) event.
For the inaugural FTF On Tour (Sep. 2015), we selected 20 startups from nearly 100 across Continental Europe in the Asset & Wealth Management ("InvestTech") space, to meet the who's who of European VC and investment management. Here is what our participants had to say:
Samarth Shekhar, Founder & MD
Samarth is the Founder and Managing Director of TechFluence, Co-Founder of FinTech Forum, the first and largest hub for fintech in Continental Europe, and author of the Study of FinTech series.
Named to the Wall Street Journal “40 Innovators Shaping the Future of Finance“ / Financial News FinTech 40: “40 leaders in fintech” in 2014, Samarth was nominated judge of the BBVA OpenTalent startup competition and SWIFT’s Innotribe Startup Challenge 2014.
Samarth has been invited as speaker or panelist at leading FinTech events, e.g. SIBOS (Boston, Oct. 2014), NextBank Europe (Barcelona, Sep. 2014), Financial News / WSJ.D "Bank of the Future" (Nov. 2014), DVFA FinTech Forum (Frankfurt, Mar. 2015), FinTechStage Milan (Apr. 2015, Milan), FN / WSJ.D, "Asset Manager of the Future" (Apr. 2015), Money20/20 Europe (Apr. 2016), Innovate Finance Global Summit (Apr. 2016) etc.
Prior to founding TechFluence, Samarth worked in sales, business development and partnerships at Capgemini Deutschland, HCL Tech / Deutsche Software (a Deutsche Bank JV), OrbiTech (Citigroup tech spin-off) and PwC's (E-Business and BI Consulting divisions).
He has generated qualified opportunities worth ~€7 Bn across 30+ offerings ranging from startups to the world’s largest FinTech firms, winning Fortune 500 financial institutions as clients and growing revenues through innovative sales, marketing and partnership approaches.
Samarth has degrees in Computer Science (BIT Mesra) and MBA (Strategy & Marketing, IIM Calcutta) and is fluent in German and English.
Michael Mellinghoff, Managing Director
Michael Mellinghoff is Managing Director at TechFluence and a Senior Advisor and Mentor at FinTech Forum. He is a seasoned investment professional with over 15 years of experience, spanning both the traditional banking and fintech world.
Michael’s career covers a 10+ years span in traditional banking, where he held a variety of managerial positions in asset management and investment banking in Germany and abroad, including management board and supervisory board appointments in Commerzbank Asset Management and DZ Bank Group.
Since 2010, Michael has been working in the Fintech area, including a 3+ years experience as Managing Director with German Fintech pioneer sharewise.com, a stock centric community for investors,
Michael’s experience gives him unique insights into the financial markets scene and ability to scout new trends in the financial sector.
At TechFluence Michael heads the firms activities in the UK as well as spearheading the initiatives in digital investment management globally. He acts as a mentor to several startups as well as FinTech accelerators (Startupbootcamp Fintech and Level39). He launched the FTF On Tour | InvestTech event (London, Sep. 2015) and co-initiated the DVFA FinTech Forum series of the German Association of Investment Professionals. His focus areas are: startups in InvestTech & digital assets.
Michael has a degree in business administration at University of Bayreuth.
@Mellinghoff is author of various articles on #Fintech related topics, speaker and contributes regularly to conferences, awards and publications.
Michael is an author of @TheFINTECHBook and member of the editorial board of The Journal of Digital Banking.