Neil Underwood currently serves as Partner of Canapi Ventures, a strategic fintech venture fund, and as President of Live Oak Bancshares (LOB), the holding company of Live Oak Bank. While at the bank, he co-founded nCino (NCNO), a cloud-based bank operating system now serving over 1000 financial institutions globally.
Through the venture arm of Live Oak, Underwood helped incubate companies focused on digital bank transformation, including Finxact, Payrailz, DefenseStorm and Greenlight. In 2017, he co-founded Apiture, a joint venture between Live Oak and First Data, serving as a cloud-native omni-channel onboarding and servicing platform.
Prior to Live Oak, Underwood served as General Manager of S1 Corporation (SONE), where he was responsible for the S1 Enterprise Retail division. S1, since acquired by ACI (ACIW), built and deployed financial services systems such as online banking, payments and mobile solutions to over 3,000 financial institutions worldwide.
Underwood currently serves on the board of Live Oak Bank, Greenlight, Notarize, Defense Storm, Apiture, Payrailz, and is board observer at Blend and Finxact. A native of Miami, FL, he holds a Bachelor's Degree of Science in Industrial Engineering from the Georgia Institute of Technology.