Headshot of Mike Salfity

Mike Salfity

SVP/GM, North America Community Markets and Banking as a Service
Finastra

Mike Salfity is a seasoned and versatile senior executive with a successful track record in managing global business and technology. Extensive experience delivering revenue growth through organic and inorganic strategies in mature and emerging markets. Deep knowledge and experience in turn-arounds and start-ups to achieve profitability and growth. Proven track record of leveraging existing business returns to enter new market segment, both near adjacency and new categories, to diversify a mature business.

Since April of 2018 Mike Salfity has been consulting for Finastra, Vista Equity Partners largest company in the Vista portfolio. Mike’s primary engagement is to lead strategic and transformative initiatives. Mike developed the strategy, development, and launch of the financial industry’s first Open Platform, FusionFabric.Cloud, also oversaw the development and delivery of a syndicated lending exchange, Fusion LenderComm, as well as led product and portfolio strategy for Finastra. In addition to the current strategic roles, in January 2020, Mike stepped in as the SVP/General Manager for the North America Community Markets to lead the transformation and growth of the North America business. The business includes retail banking, lending, and consumer compliance. He is also leading the Banking as a Service (BaaS) line of business.

Mike is passionate about keeping current in business and technology, as well as charity work. Over the past 18 months Mike led the CDFI modernization initiatives for Finastra, working directly with Vista under Robert Smith’s initiatives to address social inequity. Mike was also a Director and Chairman of EvoNexus.org for several years. EvoNexus is the second largest Incubator in the U.S. with over 40 start-ups and over $1B in Outcomes / Events. Mike is an advisor, mentor, and board member to a number mature and start-up companies, and frequently lectures at USC's graduate business school on strategy and leadership.

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