Felicia Meyerowitz Singh
Founder & CEO, Akoni
Akoni is a multi-currency cash and cash/deposit management platform, providing specialist SME solutions and B2B2x cash/marketplace solutions to banks and other enterprise clients for their end-customers. Akoni uses multiple data sources including open banking/open data, to personalise financial products, providing nudges and prompts, removing the lack of transparency and creating hassle-free movement of funds. The company is an award-winning and FCA regulated partnering with various banks, wealth platforms and financial institutions in addition to channel partners – providing a marketplace within marketplace solution for our white label API or portal solution for B2B2x.
Felicia Meyerowitz Singh, CEO and co-founder of Akoni, is a passionate believer in the power of business and technology to drive changes. Felicia is a promoter of diversity and was named the Everywoman in Technology Overall Woman of the Year 2019 and Innovator of the year and founded Hive founders, supporting female entrepreneurship, as well as on the Foundation Board of TEDxEuston. Akoni has been awarded an Open Banking/Nesta challenge grant; winner of IFGS Banking/Enterprise solution, Top10 BBVA Fintech company and NTT Data Top10 challenge startup, in addition to various other tech accolades.
What is it about FinTech that excites you?
The ever changing landscape that allows innovation to thrive! Fintech is constantly evolving and adapting to the way we (as the consumer) manage our finances, by creating and enhancing opportunities and digital solutions that were previously limited
What do you envisage being the biggest development in FinTech in the next 5 years?
AI and Banking
What do you enjoy doing in your time away from work?
Spending time with my 6-year-old daughter and learning more about the way she views the world!
What is the biggest change that you have witnessed in the sector over the past 12 months?
There are a variety of changes I have observed including; greater consolidation of high-growth tech and more concentrated focus of large financial institutions working with selected fintech partners; and slow improvement in quality, governance and delivery with large FIs and distribution partners. We are seeing a gradual movement towards the B2B and B2B2x space, however this is slower than I would anticipate when compared to the benefits to the corporate and SME sectors.
Who would be your top 3 dinner party guests and why?
Nelson Mandela, Cleopatra and my grandpa Max! I am constantly in awe of nation builders, creative leadership requiring persistence, intelligence and a long-term, broad view across society and humanity with multiple perspectives and complexities. We have a significant impact on our stakeholders, clients, partners and team as well as the broader community and ecosystem in which we live and operate – learning from those who have been before is invaluable.