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Money20/20 USA Unveils Seven Incredible Fintech Startups And Industry Disruptors

by Business Wire

Oct. 30, 2024
9:05 PM GMT+9

LAS VEGAS–(BUSINESS WIRE)–Money20/20, the world’s leading fintech show and the place where money does business, has unveiled seven startups that are poised to transform the world of money. The selected startups are Brightwave, Casap, Eisen, Footprint, NALA, Ntropy, and Zumma. The emerging startups were unveiled during Money20/20 USA’s Startup Media Session on October 29th in Las Vegas.


Money20/20 USA brings together the most influential figures in the fintech and financial services landscape, unlocking growth opportunities for these startups to transform into industry-heavy hitters. Money20/20’s Startup Media Session was designed as part of its goal to support startups at the intersection of finance and business.

“Money20/20 USA is focused on what drives the conversations most relevant to the fintech industry – from economic and regulatory uncertainty to the future of payments and the impact AI will have on money moving forward. We are proud to highlight the work these startups are doing to move this industry forward,” said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20.

The seven startups are:

Brightwave is the leading AI platform for financial services, delivering accurate and insightful financial research that enables finance professionals to make better decisions faster. Its purpose-built AI systems synthesize insights across thousands of pages of primary sources to automate the most tedious parts of investing workflows and help users spot opportunities others have missed.

“Being named one of the Top 7 Startups at Money20/20 is a strong acknowledgment of the strides we’ve made in transforming how investment research is done. We’re also excited to announce our $15 million Series A funding at the world’s premier show for financial innovation. At Brightwave, we’re tackling one of the hardest problems in finance—making sense of vast amounts of data to uncover deeper insights and relationships that others miss,” said Mike Conover, Founder and CEO at Brightwave.

Casap is an AI-powered disputes automation and fraud prevention platform. With built-in regulatory expertise and network integrations, Casap’s intelligent automation identifies fraudulent claims early and delivers fast, frictionless dispute and chargeback resolution at a fraction of today’s cost.

“Money20/20 was the first conference I attended after starting Casap last year and it played a pivotal role in validating our vision. The connections, conversations, and insights I gained were invaluable. Exactly a year later, we’re back and launching out of stealth with live customers. We’re addressing some of the most pressing challenges in scaling payments, starting with automating chargebacks and combating first-party fraud. We’re deeply grateful to Money20/20 for this opportunity to reach so many in the industry and help drive meaningful change in how payments are operated at scale,” said Saisi Peter, Co-founder of Casap.

Eisen is the first escheatment automation solution that proactively manages the offboarding of dormant accounts, stale checks, wind-downs, and more. Financial institutions rely on Eisen to simplify the complex landscape of regulatory outreach, disbursement, and escheatment requirements, ensuring compliance while reducing operational risk.

“Money20/20 has been a cornerstone for Eisen since 2021, where the very idea for our company first sparked in the halls of the Venetian. It all started with conversations about the hardest challenges in fintech, and each year, it’s helped us refine our vision and better serve our customers. For us, Money20/20 isn’t just about growth — it’s where Eisen began,” said Allen Osgood, CEO of Eisen.

Footprint is a Series A identity company that has raised $20M from funds such as QED and Index Ventures. The company provides a single SDK that automates onboarding — KYC/KYB, fraud, security, and authentication — into an easy-to-integrate solution. Footprint works with leading companies across the Banking, Auto, and Real Estate sectors. Their technology portabalizes identity, creating a centralized database of de-duplicated authentic identities.

“Money20/20 is at the vanguard of innovation. We’ve tried to be different at Footprint — whether that be through our recent fraud indemnification program or our approach to labeling good actors. Some may think these are crazy ideas. But it is great to see Money20/20 continue to be where crazy can get a spotlight. That is how I would like to think true innovation happens,” said Eli Wachs, Co-founder and CEO of Footprint.

NALA is a global cross-border payments fintech company based in the US doing cross-border payments to emerging markets like Africa and Asia. NALA has two products, a consumer fintech product enabling migrants to send money home and an infrastructure business called Rafiki, building payment rails for Africa. NALA recently became profitable and raised a $40m series A after achieving 10x revenue growth in 12 months.

“At NALA, we are on a mission to build payments for the next billion. Emerging markets are often overlooked but shouldn’t be underestimated as these regions have seen the fastest economic growth in the world. We have big ambitions for what we would like to achieve and have exciting plans in the pipeline in the coming years,“ said Benjamin Fernandes, Founder and CEO of NALA.

Ntropy is on a mission to organize the world’s financial data. 80% of the world’s financial data is unstructured and locked in transactions, documents, PDFs, and images. This means it is underleveraged and cannot be used by models at scale. Ntropy was founded to solve this problem for any type of financial data, in any language, any geography, powering humans and more recently agents and agentic workflows in finance.

“Ntropy is processing hundreds of millions of transactions and documents weekly with over 98% accuracy, in under 100ms, 1000x faster, and cheaper than any other provider on the market. You can access Ntropy via our API-s directly, and more recently via NVIDIA NIM-s. This collaboration enables flexibility in deployment and allows our customers to scale immediately. This year’s Money20/20 has been about demonstrating the real value of GenAI and we have been very fortunate to have this exposure together with our partners at NVIDIA, Oracle, and AWS, who are accelerating Ntropy’s mission,” said Naré Vardanyan, Co-founder and CEO of Ntropy.

Zumma is a financial copilot that automates and simplifies financial processes for Latin American businesses by leveraging existing tools they already use such as WhatsApp to save them time and money. The company is starting with automating expense management and expense invoicing processes, saving their customers more than $4,000 per employee per year in tax deductions.

“Being part of Money20/20’s Startup Media Session helps us spread the word about our product to the fintech community. The Money20/20 team has been key in our growth by connecting us to key players in the industry,” said Daniela Lascurain, COO and Co-founder of Zumma.

About Money20/20

Launched by industry insiders in 2012, Money20/20 has rapidly become the heartbeat of the global fintech ecosystem. Over the last decade, the most innovative, fast-moving ideas and companies have driven their growth on our platform. Mastercard, Airwallex, J.P. Morgan, SHIELD, GCash, Stripe, Google, VISA, Adyen, and more make transformational deals and raise their global profile with us. Money20/20 attracts leaders from the world’s greatest banks, payments companies, VC firms, regulators, and media platforms: convening to cut industry-shaping deals, build world-changing partnerships, and unlock future-defining opportunities in Las Vegas (October 27-30, 2024), Bangkok (April 22-24, 2025), and Amsterdam (June 3-5, 2025). Money20/20 also recently launched Twentyfold, a Digital Intelligence product containing the deepest and widest repository of fintech startup data in the world. Money20/20 is where the world’s fintech leaders convene to grow their brands. Money20/20 is part of Ascential plc.

Follow Money20/20 on Twitter for show developments and updates.

You can also find us on LinkedIn at Money20/20.

Contacts

Tina Loncaric

Global Head of PR

Money20/20

[email protected]
M: +1 469 288 5556

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