Here's the pitch deck that hot Wall Street startup OpenFin used to raise $17 million from Barclays and Wells Fargo
Here's the pitch deck that hot Wall Street startup OpenFin used to raise $17 million from Barclays and Wells Fargo
Here you see OpenFin's mission statement or catch phrase.
While serving old school Wall Street, OpenFin likes to position itself as an innovative force for good.
One pain point OpenFin is trying to solve is Wall Street's very slow and antiquated approach to updating software packages.
Poor software deployment costs billions of dollars each year in wasted spending.
OpenFin says time is of the essence if Wall Street wants to get on the innovation band wagon.
OpenFin says it has the answer.
And here the startup begins to explain how it's put together.
One of OpenFin's advantages is that it can make it easy for internal apps designed by banks or asset managers to interact with apps made by third parties.
OpenFin says it has much of the industry on board.
The startup makes it easy for firms to create their own curated storefront for applications, similar to Apple's App Store or Google Play.
OpenFin touts some of its most successful deployments, including an FX platform already in use and new corporate bond trading tech.
OpenFin's senior leadership.
OpenFin suggests that it's beginning to look outside of Wall Street for its next growth opportunity.
The potential market is huge.
OpenFin says it will use its new money to expand into new products and geographies, not to mention hiring more people.
And that's it. Notice OpenFin's tag line is a riff on the old hacker slogan made famous by Mark Zuckerberg.