Fintech
Docupace Names Wealth Management and Wealthtech Leader Lori Hardwick Chair of Board of Directors
Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry today announced the appointment of Lori Hardwick as Chair of its Board of Directors, effective immediately. Hardwick assumes the role previously held by FTV Capital Managing Partner Brad Bernstein.
Ms. Hardwick is a trailblazing leader in the wealth management and wealthtech spaces, with more than 30 years of experience as a senior executive, entrepreneur and board member for some of the fastest-growing and widely-recognized firms in the industry. She will share that expertise with Docupace as the company continues to execute its ambitious strategic expansion goals.
“I am thrilled to welcome Lori Hardwick as our Board Chair at Docupace,” said David Knoch, chief executive officer at Docupace. “I’ve had the privilege of knowing and working with Lori since her time at Envestnet, and over the years I have come to rely on Lori’s wisdom and advice to elevate my own performance and that of the teams I am honored to lead. And just as importantly, Lori’s strategic insights are critical to our future as we work to elevate the performance of back office heroes across the financial services industry by delivering a comprehensive and seamlessly integrated back-office ecosystem. Given Lori’s tremendous professional accomplishments and our history together, it was a natural fit to welcome Lori to our board.”
“I am also incredibly grateful to Lori for choosing Docupace. With such incredibly high demand for her strategic guidance from across the wealth management industry, I am confident Lori could have had her choice of board appointments. Lori’s service to Docupace is both an honor for us and an affirmation of our mission, our strengths and our prospects for continued success,” Mr. Knoch said.
Ms. Hardwick was one of the co-founders of Envestnet, and later joined BNY Mellon’s Pershing as its COO before co-founding AI Labs. Ms. Hardwick, a sought-after board member in the technology and financial advice space, currently holds board seats at Cetera Financial Group, Orion Advisor Solutions, Cerity Partners and Vestwell, where she also serves as Chair of the Board of Directors. In addition, Ms. Hardwick is a member of Genstar Capital’s Strategic Advisory Board.
She takes on her new role on the Board of Docupace as the company expands its executive leadership team to support its strong growth and focused intent to deliver a comprehensive back-office ecosystem to the wealth management industry. Among its new hires, Docupace recently announced the appointment of John Stilo as Executive Vice President, Finance and Accounting; Sebastian Skwarek as Executive Vice President, Engineering & President of Docupace Europe; Florence Royce as Vice President, Professional Services; and Nouman Jan as Director, Information Technology and Site Reliability Engineering.
“Docupace is a true game-changing technology platform for the wealth management industry, and the leadership team there shares my passion for innovative technologies that can empower better financial advice,” said Ms. Hardwick. “I’ve followed the company for many years, and I look forward to supporting and contributing to its strategic expansion. Together, we recognize how tech-driven back-office transformation can unlock new opportunities for firms to grow by delivering an exceptional service experience for back-office professionals, financial advisors and their end clients. I’m excited to help the firm reach its full potential as a transformative force in our industry.”
Mr. Knoch concluded, “Docupace has undergone a significant transformation in recent years, leading to unprecedented growth in demand for our solutions. Lori is a remarkable selection to lead our Board and provide the advice and counsel to guide the firm through this period of ongoing rapid growth and beyond, More and more wealth management firms are recognizing the tangible value we deliver, and we endeavor to further solidify ourselves as the partner of choice for firms and advisors seeking to significantly elevate the service experience they offer.”
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.
1. European Fintechs Face Regulatory Pressures Amid New Investment Surge
The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.
Source: Financial Times
2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push
Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.
Source: Yahoo Finance
3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East
Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.
Source: Fintech Global
4. Apollo Global Management Invests in Fintech for Private Offerings Support
Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.
Source: Bloomberg
5. Juniper Research Names 2025’s Future Leaders in Fintech
Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.
Source: Globe Newswire
Conclusion
The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.
The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.
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