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Neil Underwood

Co-Founder and General Partner, Canapi Ventures

Neil Underwood is a prominent figure in the financial technology and banking industry with extensive experience in founding and leading innovative companies. Here are some key details about Neil Underwood:

Professional Background

Neil Underwood currently serves as:

  • Co-founder and General Partner of Canapi Ventures, a venture capital firm focused on investing in fintech companies12
  • President of Live Oak Bancshares, the holding company of Live Oak Bank23
  • Board Member of ModernFi, a company providing deposit management tools for financial institutions34

Notable Achievements

  • Co-founded nCino, a cloud-based bank operating system now serving over 1000 financial institutions globally3
  • Helped incubate and raise capital for several companies focused on digital bank transformation, including Finxact, Payrailz, DefenseStorm, and Greenlight2
  • Co-founded Apiture, a joint venture between Live Oak and First Data, focusing on creating next-gen technology for financial institutions2

Board Positions

Neil Underwood holds board positions at several companies, including:

  • Able
  • Asset Class
  • DefenseStorm
  • Greenlight
  • Live Oak Bancshares
  • ModernFi
  • Notarize
  • Payrailz
  • Posh3

Previous Experience

Before his current roles, Neil served as:

  • General Manager at S1 Corporation, responsible for the S1 Enterprise division2
  • Chief Operating Officer at TST/Brokat1

Education

Neil holds a Bachelor of Science degree in Industrial Engineering from the Georgia Institute of Technology.23

Neil Underwood's extensive experience and involvement in multiple innovative fintech companies make him a significant figure in the industry, particularly in areas of digital banking transformation and financial technology innovation.

Highlights

ModernFi Raises $18.7M to Power Deposit Growth at Community ...
Jan 23 · pymnts.com
ModernFi Raises $18.7 Million to Expand Deposit Management Tools

Related Questions

What are Neil Underwood's main responsibilities at ModernFi?
How did Neil Underwood get involved with Canapi Ventures?
What is the mission of Canapi Ventures?
What other companies does Neil Underwood serve on the board of?
How has Neil Underwood contributed to Live Oak Bank's growth?
Neil Underwood
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Neil Underwood, photo 2
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Location

Wilmington, North Carolina, United States