Project FinTech February Monthly Meetup

About this event

Join us to start your morning off with coffee and learn the stories of co-founders, Brian Fox and Dave Malone of Confirmation.com.

Project FinTech exists for founders to have a supportive community, tailored curriculum, and valuable connections to industry experts dedicated to helping companies achieve commercialization. For pre-seed and seed stage startups in banktech, payments, wealthtech, and more, Project FinTech is a national program and operates with support from LaunchTN. Monthly Meetups exist to build the FinTech ecosystem within Nashville by bringing together cohort participants, industry leaders, mentors, and key stakeholders in the community.

About the Featured Speakers & Company

Brian Fox, CPA, MBA, CGMA, is the creator and founder of both the Confirmation.com and Rivio.com services and received the first seven patents granted on electronic audit confirmations. He sold his businesses to ThomsonReuters in 2019 and today he is a Managing Partner with Rockmont Partners where he invests in and serves on the Board or Advisory Board to many start-ups, early-stage businesses and investment firms. Prior to selling his businesses, Brian was the President of Confirmation.com and a former Adjunct Professor at Vanderbilt University. He was Board member of Rivio.com, the joint-venture between the AICPA and Confirmation.com which created the first Edgar type secure clearinghouse for CPA firms and their private company clients for the exchange of validated financial statements in the U.S. Brian was instrumental at both the national and international level for getting electronic audit confirmations written into the world’s auditing standards. With 16 offices in 15 countries around the world, Confirmation.com processed more than $1 trillion of confirmation data for more than 2 million customers in over 180 countries having transformed the audit confirmation space. When Confirmation.com sold it was doing $52M in annual revenue with a 36% annual growth rate.

Brian is a four-time winner of the 100 Most Influential People in Accounting and is a five- winner of the accounting profession’s “Top 40 Under 40 CPA in America.” He is also recognized as one of Nashville’s Power 100. Brian previously worked in Dallas at Ernst &Young in the audit group and then in mergers and acquisitions for PriceWaterhouseCoopers.

David Malone brings to Project FinTech, as Executive-in-Residence, a storied career as a strategic leader and an innovator in the financial services sector. As a co-founder of Confirmation, a pioneering software solutions provider for the financial industry, David played a pivotal role in growing the company from a startup operating out of a garage to a formidable entity that was eventually acquired for nearly $500 million.

Under his leadership, Confirmation saw remarkable achievements:

• An increase in global account sales by over 118% from $16 million in 2020 to $35 million in 2022.
• The establishment of a lucrative international business arm generating $40 million annually.
• Expansion of international reseller networks in South Africa and Australia, enhancing revenues by $12 million.

David’s extensive experience includes building U.S. and international sales forces, managing global sales offices, and developing strategic partnerships that have consistently delivered multi-million-dollar growth. His approachable leadership style, combined with a profound understanding of market dynamics, makes him an invaluable asset to NEC’s Project FinTech.

Confirmation.com, which has been ranked #96 and #169 on the Inc. 500 list, was on the Inc. 50 list for 10 years, won the highest award in accounting software – the Tax & Accounting Innovation Award, the Reader’s Choice Award, the Top New Audit Product, the Quality Award for Tax & Accounting Software, the Next Award, the Best in Business Award, the Fast 50, Future 50, the Hot 100 among many other honors.

Parking information

Parking is available in the red brick parking garage located behind the trolley barns (entrance on Lea Avenue); please bring your ticket inside for validation.

Host or Publisher The Nashville Entrepreneur Center