eWise

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2000
LOCATION: Switzerland
Last Update: 09/07/2020

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About

Innovation and security in Personal Data and Money Management since 2000. eWise makes it easy to connect financial app with their users’ financial accounts through secure APIs.

MEDICI Analysis

eWise provide Personal Financial Management and Account Aggregation solutions.

Focus

PRODUCTS & SERVICES

eWise offers data aggregation and money management technology. The company's products include white-label apps, Aegis platform, API micro-services, and an ready-to-use open banking platform ready for PSD2. Sept 2016 the company also launched its new financial transaction Categorization API (CaaS) for financial institutions and FinTechs. The CaaS API is a full stack Data Product involving data augmentation and management of users’ preferences. Its a fully secure and permissioned service that is integrated into eWise’s Money Manager SaaS offering or available as a stand-alone service for developers to plug Categorization functionality directly into their financial services solution. The company's solutions are tailored for retail banking, wealth management, SME banking, FinTech, life management, and online lending.

REVENUE MODEL

SaaS or licence depending on the implementation model

MAIN CLIENTS

Westpac

First Direct

HSBC

MOGObankconnect

Tandem

RAMS Account Hub

WeInvest

Firstmac

Moneysoft

PiSight

MoneySmart.sg

FinGo

Gini

TSWG

Pharos Financial Group

PRIMARY PROBLEM SOLVED

eWise takes a client-side account aggregation approach - no sensitive login credentials are ever shared with a third-party server. All sensitive data is encrypted and securely stored in the Personal Data Vault (PDV) that is installed onto the device of the customer (desktop/laptop/mobile/tablet) the first time the end-customer logs in.

People

FOUNDERS

Alexander Grinberg

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Balderton Capital

TTV Capital Balderton Capital Wellington Partners

TTV Capital

wellington partners

Momentum

FUNDED

YES

TOTAL FUNDING

$26.1 M

DATE OF LAST FUNDING

Jun 2011

FUNDING SERIES

SERIES A  · $12.1 M  · Jul 2010

OTHERS  · $14 M · Jun 2011

LISTED

NO

BASICS

FOUNDING YEAR:

2000

LOCATION:

Switzerland

Views:

141 VISITORS | 257 VIEWS
LATEST FUNDING ROUND

$26.1 M

TOTAL EMPLOYEES
11-50

About

Innovation and security in Personal Data and Money Management since 2000. eWise makes it easy to connect financial app with their users’ financial accounts through secure APIs.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

eWise provide Personal Financial Management and Account Aggregation solutions.

Focus+
Momentum+
People+
Other+

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eWise

About

Innovation and security in Personal Data and Money Management since 2000. eWise makes it easy to connect financial app with their users’ financial accounts through secure APIs.

Focus

PRODUCTS & SERVICES

eWise developed 3 main products: - eWise Aegis: The secure consumer-centric personal data management solution. eWise AEGIS enables consumers to safely aggregate, store, manage and share their sensitive financial information with trusted service providers. - eWise Money Manager: Your white label solution for Account Aggregation and Personal Financial Management. eWise Money Manager solution uses our AEGIS platform, a patented client-side aggregation technology allowing users to consolidate their personal data, control, access and share it on their terms. Money Manager provides powerful personal finance features that enable your customers to better manage their money and reach their goals. - Connected Insights: eWise Connected Insights enables you to explore more than just your classic financial transactions and CRM data. Our powerful enrichment and analytical capabilities transform your data into valuable and actionable information.

REVENUE MODEL

SaaS or licence depending on the implementation model

TOP PROBLEM SOLVED

eWise offers B2B solutions such as Account Aggregation, Financial transactions categorisation, Personala Financial Management tools and Connected Insights. - The average household now has 16 financial products. The average business has more than 30 financial accounts, but relatively few from any one financial institution. Unbundling has also made financial management progressively more complex for the consumer. Account Aggregation consolidates multiple relationships into a single view and makes financial management for customers easy. - eWise's Personal Data Vault (PDV) provides your customers with a secure and private place to manage their money. Companies can offer Account Aggregation or PFM tools based on eWise PDV technology, and build trusted, meaningful and enduring partnerships with their customers.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

KEY DIFFERENTIATORS

eWise Personal Data Vault allows your customers to aggregate, manage and share their financial data with you, in a private and secure way.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small and Medium Business - Online Retail

Small And Medium Business - Other

STRATEGIC CLIENTS AND PARTNERSHIP

HSBC :

Westpac :

first direct :

RAMS financial :

Firstmac :

Tandem :

WealthHelp :

Moneysoft :

MoneySmart :

Mogo :

PiSight :

WeInvest :

People

FOUNDERS

Alexander Grinberg

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

CEO: David Hamilton

CTO: Allan See

CMO: Lucile Mathe

CRO: Alex Grinberg

FOUNDER: Alexander Grinberg

INVESTORS:

Balderton Capital

Balderton Capital

Balderton Capital

TTV Capital Balderton Capital Wellington Partners

TTV Capital

TTV Capital

TTV Capital

wellington partners

wellington partners

wellington partners

Momentum

FUNDED

NO

TOTAL FUNDING:

$38.2 M

LISTED

NO

FUNDING SERIES
Series A Jul 2010 --- USD12.1 M TTV Capital Balderton Series B Jun 2011 --- USD14 M TTV Capital balderton wellington partners