BankiFi is a Financial Services and Fintech startup headquartered in the United Kingdom, founded in 2018. The company stands out for its unique approach in transforming banks into pivotal players within the SME sector through its all-encompassing engagement banking platform.
The firm's mission is clearly articulated in its slogan: "We're on a mission to put mainstream banks at the heart of small business." By leveraging a combination of technology, marketing, and personal interaction, BankiFi is evolving bank's digital channels from transaction-focused to comprehensive business management hubs.
The platform empowers banks to offer integrated services like accounting, invoicing, and payments tailored for small businesses, which helps banks in enhancing their customer relationships, increasing deposits and lending opportunities, and cutting operational costs. The last noted investment for BankiFi was a £4.00M Series A on 15 August 2022, supported by Praetura Ventures and the Greater Manchester Combined Authority.