AboutFinologee

Finologee acts as a catalyst for product and processes digitisation in the financial industry.

We run our Trusted FinTech Platform that simplifies connectivity between financial services professionals and institutional players on one side and a variety of FinTech solution providers on the other side. In essence, we are operating a one-stop shop for FinTech building blocks in full compliance with financial industry regulation.

Institutions can easily source and implement these APIs and components that have been previously verified by Finologee. We provide a variety of tools that help our clients’ to enhance their customer experiences and business processes such as ID document validation, video chat, electronic signatures, access to bank accounts and other payment modules, various KYC and remediation tools, as well as storage and messaging features. We both develop our own APIs and we aggregate best-in-class third-party FinTech components into our Trusted FinTech Platform.

Finologee also assembles individual building blocks into products by adding front-end user interfaces and back-office operations tools, relying on a powerful business process management system and various other back-end components. Finologee’s products are:

Digital Onboarding

A comprehensive system for Digital Onboarding that enables regulated financial industry players to outsource their digital customer due diligence user journey to Finologee.

PSD2 for Banks

A ‘PSD2 for Banks’ infrastructure allowing financial institutions to achieve PSD2 compliance with a single connection to their core systems that is used by more than 30 banks.

Finologee’s founders are among the most seasoned digital entrepreneurs in Luxembourg: we started out in 1999 by building a digital agency from scratch, Nvision; then we launched a telecom messaging, routing and micro-payments specialist company in 2006, Mpulse; the next endeavour was to build the Luxembourg’s retail banks’ mobile payments product and infrastructure as of 2012, with Digicash; and finally we launched our latest venture in 2017 to provide the tools and platforms to digitalise financial industry customer experiences and processes, Finologee.

We operate under a full ‘Support PFS’ Licence by the Luxembourg Minister of Finance for business activities defined under articles 29-1 (‘Client communications agent’) and 29-4 (‘Non-core IT/communication networks service provider’) of the 5th April 1993 Bill of Law on the financial sector and we are supervised by the Luxembourg financial services regulator CSSF (Commission de Surveillance du Secteur Financier).

Finologee is headquartered in the business district of Leudelange near Luxembourg City, operating with a staff of 31 and growing.

OurMilestones

We are digital natives and we route all our endeavours in tech. Our capabilities have secured the trust of many. In 2018, we were named as Luxembourg’s Finance Start-up of the Year. Our journey is marked by several awards and excellent third-party rankings.

1
Finologee was incorporated

August 2017

2
APSI Flagship Startup Award 2018

May 2018

3
Partnership with Clearstream Services for FinTech Acceleration Platform

May 2018

4
Finance Startup of the Year, 2018

November 2018

5
Finologee got a double Support PFS licence and became a CSSF-regulated company

January 2019

6
30 European banks went live with Finologee’s ‘PSD2 for Banks’ product

March 2019

7
Foyer Group relied on Finologee to build a remote consent solution

March 2019

8
Partnership with Luxtrust for product distribution

April 2019

9
Georges Berscheid named Tech Leader of Luxembourg

May 2019

10
Keytrade Bank Luxembourg launches on Finologee’s KYC Platform

November 2019

Thefounders
Co-Founder - CEO
Raoul Mulheims

Co-founder of Nvision, Mpulse, Digicash. In charge of strategy, product design and compliance. Law degree, fluent in EN, FR, DE and LU. Luxembourg national.

Co-Founder - CTO
Georges Berscheid

Co-founder of Mpulse & Digicash. In charge of IT, products and operations. IT degree and MBA, fluent in EN, FR, DE and LU. Luxembourg national.

Co-Founder - Sales & Partnerships
Jonathan Prince

Co-founder of Digicash. In charge of sales & partnerships. Procurement expert degree, fluent in EN and FR. French & British national.

Chief Financial Officer
Didier Spick

In charge of finance, organisation and HR. Electrical engineering & industrial computing degree, fluent in EN and FR. French & Luxembourg national.

Ourstory
All DIGITAL BEGINNINGS

Nvision & Mpulse (1999 & 2006)

Raoul co-founded Nvision, a digital strategies and development agency, in 1999. A few years later, Georges got on board to create Mpulse, a telecom messaging, routing and micro-payments specialist, in 2006. Finologee’s third co-founder, Jonathan Prince, joined Mpulse in 2010 and helped establishing Mpulse France. Today, Mpulse Luxembourg handles over 90% of Premium SMS payments and high-end routing in the country. Mpulse France was acquired in 2015 by Dimoco, one of the leading European carrier-billing specialists. Raoul, Georges and Jonathan still co-own and manage Mpulse Luxembourg today. Raoul was a member of the board of Nvision until early 2018.

www.mpulse.eu

HELLO FINANCIAL INDUSTRY

Digicash (2012)

Micro-payments was not enough for them, doing real payments was the goal. So, Raoul, Georges and Jonathan co-founded Digicash Payments in 2012 and got a full EU payment institution license. Digicash became the Luxembourg banks’ mobile payment product, with 5 issuing banks and over 20% of the population using the App. The founders made their first major exit when Digicash was acquired by Payconiq (backed by ING & KBC) in August 2017.

www.digicash.lu

AND NOW LET’S FOCUS

Finologee (2017)

Finologee is at the apoGEE of the founders’ expertise in both techNOLOGy and user experience design brought into creating great digital platforms, products and consumer journeys for FINancial products. We love improving – definitely, we think digital – absolutely, we make it compliant – most certainly. This is our contribution to the new and fully digital world of financial services, ecosystems, aiming for the fully-fledged API-economy.

The Finologee DNA

Passion

We create cutting-edge digital products and we handle multi-level platform and digitisation projects for the financial industry. Digitisation is our passion and we believe that this kind of processes require a full holistic view and approach. In today’s digital world, it’s about crafting user experiences: consumers and professionals alike should like the tools, interfaces and processes we design and develop for them, they have to fully embrace them so they can become successful.

Entrepreneurship

We are entrepreneurs at heart, we built all the companies we co-created from scratch and either remained shareholders or we sold them to bigger players once they reached a certain scale and success. Thus, we believe in empowering the people we work with; taking responsibility is not an option, it’s a must from day one. And we are fully committed to our endeavours, since we believe this is a key ingredient to their success.

Partnerships

We design all our products, projects and companies around partnerships: we leverage joint commitments to speed up development and to quickly reach required size and scale. We do so both with the people that work with us and the companies we work with or for: a carefully built and designed partnership is the cornerstone to a successful and long-lasting project, product or collaboration.

Work with us – current job openings!

Join Finologee and help us reshape the future of financial services.