NASHVILLE, Tenn. (April 22, 2024), April 22, 2024 (Globe Newswire) — nashville entrepreneurship center NEC, a nonprofit organization dedicated to supporting entrepreneurs and local industry, has announced the appointment of David Malone as its new executive director. project fintech accelerator. The initiative aims to propel advanced financial services startups to new heights by providing expert guidance and industry-specific mentorship.
David Malone brings to Project FinTech a storied career as a strategic leader and innovator in the financial services space. As the co-founder of Confirmation, a pioneering software solutions provider for the financial industry, David took the company from a startup he ran in a garage to a formidable company that he eventually acquired for nearly $500 million. He played a vital role in the growth of the company.
Under his leadership, Confirmation achieved remarkable results.
- Global account revenue increased more than 118% from $16 million in 2020 to $35 million in 2022.
- Establishment of a lucrative international business unit generating $40 million annually.
- Expanding our international resale network in South Africa and Australia increased revenue by $12 million.
David’s extensive experience includes building U.S. and international sales forces, managing global sales locations, and developing strategic partnerships that have consistently delivered multi-million dollar growth. I did. His approachable leadership style, combined with his deep understanding of market dynamics, makes him a valuable asset to his Project FinTech at NEC.
Opportunity for startups
Project FinTech is currently seeking applications from startups focused on transforming the banking, purchasing, and lending experience. Under David’s guidance, participants will learn how to navigate the complexities of the financial sector and scale technology to meet the needs of a rapidly evolving market.
“We are thrilled to welcome David Malone to our team,” said Sam Davidson, CEO of the Nashville Entrepreneur Center. “With his guidance, startups will gain unprecedented access to the strategic insights and tools essential to succeed in the competitive world of financial services.”
Startups interested in participating in Project FinTech are encouraged to apply at https://ec.co/apply by midnight on Friday, May 3.
Learn more about Project FinTech here. ec.co/programs/project-fintech.
About Nashville Entrepreneur Center
nashville entrepreneurship center (NEC) is a 501(c)(3) nonprofit founded in 2010 with the goal of making Nashville a great place to start and grow a business by increasing entrepreneurs’ chances of success. It’s a group. Through our world-class education and vibrant member community, NEC has helped more than 14,000 entrepreneurs raise a total of $300 million in funding, generate more than $400 million in revenue, and facilitate more than $100 million in business exits. We have supported For more information, please visit: www.ec.co Follow @entrecenter linkedin, Instagram, Facebook, YouTube & X.
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