BankiFi has appointed Danny Piangerelli as its new CTO to build upon its expansion into the North American market. 

The embedded banking solutions provider enlists Piangerelli’s services after the new CTO spent time as a Co-Founder of Malauzai Software until its acquisition by Finastra in 2018, where he served as its Chief Architect for Finastra’s North American markets business. 

Piangerelli, with 25 years of experience in software engineering, also spent time as CTO of Sensibill and Board Advisor of ZSuite. He joins BankiFi in his new role to support the business’ product evolution and innovation in North America. 

He commented on his new appointment: “BankiFi’s embedded banking technology has proven to be highly effective at providing comprehensive open cash management for small businesses.

“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 is aiming to help over two million SMBs globally by 2024 by partnering with financial institutions to provide technology designed to make business banking better.

Piangerelli’s hiring comes after BankiFi’s North American expansion. The firm recently launched its services in North America, adding to its operational markets alongside Europe, Australia, New Zealand and Asia – having received a $4.8 million investment from previous stakeholders for its expansion into the U.S. and Canada.

“This is a very exciting time for BankiFi,” said Keith Riddle, CEO of BankiFi Americas. “As we’re hoping to grow our business, we’re also striving to make our services better. 

“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.”