Press Release Headlines

Cignifi Inc. Expands Technical Management Team

CAMBRIDGE, Mass., Jan. 22, 2015 /PRNewswire/ — Cignifi, which is helping to meet the needs of an estimated 2.7 billion people worldwide who have mobile phones but no access to formal financial services, today announced the addition of two new members to the company's technical leadership team.

Qiuyan Xu joins Cignifi as Chief Data Scientist. Most recently Ms. Xu was with Liberty Mutual, a diversified global insurance company, where she was Director of Advanced Analytics. At Liberty Mutual Ms. Xu focused on providing performance insights for new business acquisition in Personal Insurance. Ms. Xu has a PhD in statistics, with expertise in data analysis, statistical modeling, machine learning, model implementation, and operation optimization.

Kishore Gangwani joins Cignifi as Director of Engineering. Previously Mr. Gangwani was Engineering Manager at Nokia, where he led a team that built Nokia's API Management and delivery platform for Nokia's location services business. Prior to Nokia, Mr. Gangwani spent ten years in software development with SAS Inc and Manhattan Associates.

"These appointments mark another big step forward in building Cignifi's core team," said Jonathan Hakim, President and CEO of Cignifi. "As Chief Data Scientist Qiuyan will lead our analytics team and will be the face of Cignifi analytics to our customers and partners. Kishore brings significant experience in building high-performance, highly scalable web based products and services. We're thrilled to have both on board."

About Cignifi

Cignifi is helping to meet the needs of an estimated 2.7 billion people worldwide who have mobile phones but no access to formal financial services. The company has developed the first proven analytic platform to deliver credit and marketing scores for consumers using mobile phone behavior data. The Cignifi platform qualifies millions of underserved consumers who lack traditional credit histories, unlocking a massive opportunity to provide access to credit to these same consumers. Cignifi, based in Cambridge, Massachusetts, is led by a management team with significant data analytics, financial services and global business experience. For more information, visit www.cignifi.com

Contact
Eli Neusner
Cignifi Inc.
617-794-0241
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