Smarter Banker Profile
Neil Underwood
Banker. Investor. Fintech Executive.
Introduction
Over his career, Underwood has worn a variety of hats: he’s been a banker, a fintech executive, and now, an investor. In all these roles, Underwood has hired Cornerstone Advisors — not only to provide more intel for the bank, but for engagements for other companies he’s co-founded like Apiture (digital banking system), Finxact (core banking), and most recently, Canapi Ventures, a private equity firm that invests in software companies that aim to help banks operate more efficiently.
Background
• Co-founder and General Partner of Canapi Ventures
• Alloy, Greenlight, MX, Moov, Nova Credit, Posh Technologies, DefenseStorm, and (former) Payrailz and Finxact
• Active director at Live Oak Bank (LOB), where he previously served as Co-founder and President
• Co-founded nCino (NCNO), a cloud-based bank operating system now serving over 1000 financial institutions globally
• Has helped incubate companies focused on digital bank transformation, including Finxact, Payrailz, DefenseStorm and Greenlight
• Co-founder of Apiture, a joint venture between Live Oak and First Data, serving as a cloud-native omni-channel onboarding and servicing platform