FinovateSpring 2011 Video Archives >> Kony


Website: www.kony.com
HQ Location:
San Mateo, CA
Company Founded: January 2007
Product Being Demoed: Kony Mobile Banking
Product Launched: February 2011
Metrics: 500 employees, 40 global customers




Presenter Profile How they describe themselves: Kony and the Kony Platform™ enable Fortune 500 companies to offer consumers and employees feature-rich mobile applications in less time and at lower costs than any other solution. Leveraging a Write Once, Run Everywhere single application definition, applications are designed and developed just once, in a device-independent manner, and deployed across multiple channels, including native applications, device-optimized mobile web, SMS, web gadgets, kiosks, and tablets. Kony's unique platform is proven to future-proof a company's mobile investment by enabling applications to be changed once for all channels, ensuring faster adoption of new operating systems and standards as they are introduced, while eliminating maintenance, upgrade and future development costs.

How they describe their product/innovation: Kony Mobile Banking is an off-the-shelf mobile banking application built on our scalable and secure Kony Platform™ that has proven its scalability and security in banking implementations around the world. Our technology lets you take advantage of all the unique features of particular devices without having to settle on lowest common denominator functionality. This means that you can move away from common mobile banking and deliver next-generation benefits like RDC and P2P payments to customers using virtually every mobile browser available – from WAP to HTML5 – or any one of seven major operating systems, including iPhone, Android, BlackBerry, Windows Phone 7, and others.

Key Executives: Raj Koneru (CEO), David Schreffler (Sr. VP Sales)

Key Investors: Raj Koneru (CEO), Insight Venture Partners

Key Partnerships: CashEdge, Vivotech, Vasco, AT&T

Customers: CitiBank, Scottrade, Capital One, AXA Bank, Huntington

Contacts:
Bus. Dev.: Robin Kearon, VP, Channels & Alliances, robin.kearon@kony.com, 201-240-5391
Press: Julia Gaynor, Affect Strategies, jgaynor@affectstrategies.com, 212-398-9680
Sales: Steve Mount, Sales Director, Financial Services, North America, steve.mount@kony.com,
201-666-9298

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