A Fintech startup that is democratizing the financial services for SME’s in the UK

Ivana Spasova
Feb 20, 2019 · 5 min read

Read the interview with Panos Savvas, Akoni’s co-founder and CTO, in which we talk about our collaboration.

Our client, AkoniHub from London is selected among 12 winning Fintechs to advance the future of SME banking in the UK.

Akoni is an innovative company that helps SME’s to maximise their interest earned and manage risk without the hassle of researching rates, setting up then monitoring multiple accounts. They do the work in scanning the marketplace for the best rates and help the companies make the most of their cash in a safe and secure way. They work with Barclays, Aldermore, Metro Bank, Clydesdale Bank, Arbuthnot Latham, Hodge Bank, Oak North Bank and many more. As an innovative company they are recognized by BBVA, Forbes, Fintech Influencers and Nesta.

Received awards

Panos, Co-founder & CTO of Akoni, has extensive retail and commercial banking expertise. With over 13 years in Banking and Fintech, he has been leading global product development teams and change management programmes for leading financial organisations including RBS, IG Group, Intelligent Environments and others. He has worked with a wide range of Fintech and e-commerce ventures, providing consultancy on tech strategy and product/service design. As one of the founders, he is currently focused on scaling the Akoni business. Akoni is fundamentally changing the way business bank and procure financial services, leveraging data to create a personalized and tailored experience for SMEs and small corporates, and our WF team is here to do the software development part.

What made you choose our services over anything else you could have done?

What was your problem before you started using our services?

What results did you get from our services?

What has that meant for your business?

What has that enabled you to do that you couldn’t before?

What do you value about your partnership with Web Factory LLC?

Using the multiple sources of business data and the power of innovation to deliver personalized prompts and products to SMEs, Akoni is aiming to fundamentally change the way businesses bank. Together we aim to develop the software that will democratize the financial services for SME’s in the UK.

But what would be a cutting edge Fintech software solution without implementation of AI? Finance is no exception, as one of the most crucial segments, where Artificial Intelligence (AI), as a paradigm-shifting technology, is seamlessly changing the way we are used to do banking, forecasting and finances more globally.

Our spin off company, Pendulibrium, in partnership with Akoni, is working to infuse Akoni’s platform with an AI solution.

We expect that in the future the users can wield the power of AI to expand their opportunities and make better decisions through a polished cash management platform and an enhanced user experience.

If you want to find out more about our services and our scope of work, do not hesitate to reach out and schedule a call with our CTO or our Business Development Team!

Web Factory LLC

We evolve with the digital world around us.

Ivana Spasova

Written by

Bought the 📕, hard to read. Marketing 👩‍💻 | Science 🚀 | Tech 🧠 | Drawing on a palette of diverse knowledge to recognize patterns and connect the dots.

Web Factory LLC

We evolve with the digital world around us.

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