- Czech Republic-based digital banking company Finshape introduced new CEO Neil Budd. Budd replaces current CEO Petr Koutný, who will take on a new position as Chairman of the Board.
- Budd comes to Finshape after serving in executive roles for companies including Finastra and Accenture.
- Forged in a 2021 merger between W.UP and BSC, Finshape won Best of Show in its Finovate debut at FinovateEurope 2022.
Digital banking company Finshape, which won Best of Show in its debut at FinovateEurope 2022, has appointed a new CEO. The Prague, Czech Republic-based fintech introduced Neil Budd—a veteran financial services executive with more than 25 years of experience in banking, technology, and consulting—as its new Chief Executive Officer.
“Banks are looking for technology partners they can trust for the long term,” Budd said in a statement. “Finshape has a strong, relevant product portfolio, experienced teams, and stable, trusted relationships with banks. With our Agentic Digital Bank Operating System and new capabilities in loyalty and personalization, I am confident we will continue to help banks deliver tangible value to their customers and accelerate our growth journey to new markets.”
New markets, indeed. CEO Budd will be tasked with driving the company’s continued growth internationally, and expanding operations across Western Europe, the Middle East, and the APAC region. Finshape’s current CEO Petr Koutný will transition into the role of Chairman of the Board.
“Clients value not only our products and expertise, but above all the practical impact that digital transformation delivers as part of their strategic programs,” Budd said. “Our goal is to continue developing technologies and services that perform in the demanding banking environment. At the same time, we are open to working with partners who share the same values—a strong focus on quality and customer orientation.”
Budd’s experience includes more than three years at Finastra, where he served as Vice President & Global Head of Strategic Partnerships, Ecosystems and Alliances—as well as Global Head of Managed Services. Before that, he was Managing Director responsible for financial services at Accenture. Immediately preceding his appointment with Finshape, Budd was Senior Partner and Chief Revenue Officer at Phi Partners, a capital markets consulting firm that specializes in quantitative and technology services.
Founded in 2021 via a merger between W.UP and BSC (Banking Software Company), Finshape won Best of Show in its Finovate debut at FinovateEurope 2022 and returned the following year for FinovateEurope 2023. In its most recent appearance, the fintech demonstrated its offering, called SME Stories, which helps banks boost digital engagement, loyalty, and sales among their micro- and small business customers via automated, easy-to-digest swipeable stories filled with actionable insights.
Finshape’s C-suite announcement coincides with the company reporting 55 million Euros in revenue in 2025, with 30% year-on-year growth. Finshape also noted its August acquisition of loyalty platform Realtime XLS from Collinson Group, which Koutný called at the time a “strategic milestone,” adding that the platform would “form an integral part of our growing, customer-centric digital banking portfolio.” In October, the company announced a partnership with Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest bank in the United Arab Emirates.
Photo by Tobias Reich on Unsplash
Views: 295
