FF News Tattoo Studio: Covecta – Building “Seasoned Banker” AI for Financial Services

Scott Wilson from Covecta joins the FF News Tattoo Studio at Fintech Talents Festival 2025 and opened up about the journey behind Covecta Workforce AI for Financial Services—a startup built to deeply support banking professionals. Wilson has spent his career in the sector, including roles at Mambu, Finastra and Misys, but says being a founder is a completely different kind of attachment. In previous leadership roles he loved what the teams were selling and delivering, but it didn’t come with the same emotional connection.

With Covecta, that connection is front and centre. Wilson and Ben founded the company around a year and a half ago, starting with six PowerPoint slides and walking the streets of London speaking to anyone who might invest, pay for a prototype, or join the team. He says it doesn’t feel like a job, more like his life’s work, and another member of the family, even if his wife “doesn’t fully understand yet”.

On the mission, Wilson describes Covecta as bringing a “seasoned banker” experience to end users. Whether people interact through search or an agent, the goal is a dialogue with something that understands the context of their role, from relationship managers and credit teams to ops and underwriters, as well as the workflows and processes they’re responsible for. The point isn’t to replace them, he adds, but to be a partner that helps them get tasks done more effectively, with an ambition to “10x” productivity for individuals and teams.

Looking at market position, Wilson compares Covecta to how Mambu became a default shortlist option for core banking migrations and wants Covecta to earn that same “de facto” status, as a leader in workforce AI for financial services, and says it’s on the company to execute, and to enable the business, the market and partners to succeed.

With its mission rooted in empathy and execution, Covecta Workforce AI for Financial Services aims to become a de facto solution for intelligent productivity in banking.