Manchester-based FinTech BankiFi has appointed Danny Piangerelli as its new CTO as it continues to target the North American market.

Piangerelli has more than 25 years of experience in software engineering and has held multiple senior leadership positions.

In 2010 he co-founded Malauzai Software and served as CTO until it was acquired by Finastra in 2018.

Piangerelli then served as chief architect of Finastra’s North American community markets business, CTO for Sensibill and as a board advisor at ZSuite.

BankiFi expands operations into North America

He joins the BankiFi senior management team to support the business’ product evolution in North America.

BankiFi is on a mission to help over two million SMEs globally by 2024 through partnering with financial institutions to provide technology designed to make business banking better.

Piangerell said: “I was drawn to BankiFi’s approach, which is effectively disrupting the ‘disrupters’ by empowering financial institutions to offer best of breed small business solutions directly to their business customers.

“By partnering with trusted financial institutions, BankiFi is delighting and supporting small businesses around the world, and now including North America, and that’s a great motivator for me.”

BankiFi appoints FinTech heavyweight as chairman of board to lead global expansion

BankiFi recently launched its services in North America, adding to its operational markets alongside Europe, Australia, New Zealand and Asia – having received a $4.8m investment from previous stakeholders for its expansion into the US and Canada.

Keith Riddle, CEO of BankiFi Americas, said: “This is a very exciting time for BankiFi. The nature of our business means that we must be constantly innovating, and we think Danny is the perfect leader for that job. We look forward to working with Danny and seeing how he helps us improve our technology.”

BankiFi’s offices are in Manchester, Ohio, Sydney and Antwerp.