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  • Writer's pictureKelsie Papenhausen

BankiFi Adds Banking Veteran Steve Ellis to Board of Directors

The former executive vice president at Wells Fargo is the most recent addition to the growing BankiFi team

COLUMBUS, Ohio – Feb. 08, 2023BankiFi, a leading provider of embedded banking solutions, has selected Steve Ellis as the board’s newest member. Ellis’ addition to the team is just the latest in BankiFi’s recent dedication to the North American market.


Ellis has over 35 years of experience in banking, leadership and financial services. Ellis was formerly the executive vice president and head of the innovation group at Wells Fargo, having previously spearheaded their wholesale services group. As a member of the board of directors, some of Ellis’ responsibilities as a board member will include establishing the organization’s vision and providing proper financial oversight.


“BankiFi’s unique strategy to providing specialized banking solutions is perfectly suited to helping millions of small businesses across America,” said Ellis. “I’m excited to join the team over at BankiFi on the ground level of their North American operations.”


“We couldn’t be happier to have Steve as our newest board member,” said Fred Dumas, U.S. Board Chair for BankiFi Americas. “When Steve led Wholesale Banking at Wells Fargo, his visions of a CEO treasury management system were brought to life. This became the benchmark for the industry. His vision and leadership will be of great help to our board. We’re already looking on track to have a breakthrough year for us in 2023.”


Ellis has been deeply committed to environmental causes for decades. He and his wife, Nicole, are actively involved in My Friends Place, a non-profit focused on assisting homeless youth in the Los Angeles area.


About BankiFi BankiFi is on a mission to help over two million SMBs globally by 2024 through partnering with financial institutions to provide technology designed to make business banking better. BankiFi’s platform enables financial institutions to provide a set of integrated services – financial account access, accounting, invoicing and payments, and cash flow forecasting – designed around the processes SMB and trade customers use to run their business. It equips financial institutions to become customer centric, rather than product centric, increasing their revenues (direct and through actionable insights) and reducing costs. BankiFi’s offices are in Ohio, Manchester, Sydney and Antwerp. For more information, visit www.bankifi.com.


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