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April 23, 2024 | Tom Ballard

Nashville Entrepreneur Center announces new Executive-in-Residence for Project FinTech

David Malone was a Co-Founder of Confirmation. Applications for next cohort close May 3.

The Nashville Entrepreneur Center (NEC), a nonprofit dedicated to supporting entrepreneurs and local industry, has announced the appointment of David Malone as the new Executive-in-Residence for its Project FinTech accelerator.

The announcement coincides with the recruitment of the next cohort of the program that is designed to propel forward-thinking financial services start-ups to new heights by providing expert guidance and industry-specific mentorship. Applications are due by 12 midnight CDT on May 3. To apply, click here.

Malone brings to Project FinTech 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, he played a pivotal role in growing the company from a start-up operating out of a garage to a formidable entity that was eventually acquired for nearly $500 million.

“We are thrilled to welcome David Malone to our team,” said Sam Davidson, NEC’s Chief Executive Officer. “With his guidance, emerging companies will gain unprecedented access to strategic insights and tools essential for success in the competitive world of financial services.”

Under Malone’s leadership, Confirmation saw remarkable achievements including:

  • 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.

His 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.

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