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PaySimple to enable SMBs to accept payments and automate billing under Zen Planner’s software solution.
In the first quarter of 2014, 23 Finovate alums raised more than $592 million
And as the second quarter draws to a close, it’s clear that a comparable cohort of alums have kept the pace.
Over the course April, May, and June, 28 alums raised significant amounts of capital ranging from Gremln’s $100,000 to the $65 million raised by Lending Club. The quarterly total of $594 million is almost exactly the same as the previous quarter.
Top Image Systems partners with K2 to blend capture and mobile imaging technology with BPM.
Starting the week’s fintech news with a bang is password management innovator, Dashlane. The company, which was recently highlighted by the Wall Street Journal’s Personal Technology column as “the best way to manage online passwords,” announced that it had raised $22 million in funding.
The major infusion of capital represents the company’s biggest single investment to date, and takes the company’s total funding to $30 million.
“Hundreds of millions of web users still manually register, login, and checkout on desktops and mobile devices, and leave themselves vulnerable to online security threats in the process. Dashlane elegantly solves this problem for consumers.”
Geezeo announces HTML5-inspired redesign of mobile PFM app.This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
iFactor and Striata partner to offer robust push ebill solution to utilities.PYMNTS looks at how Ripple hopes to build a global payments network.
CaixaBank taps Oracle for strategic Big Data project.Moven launches Android app.
TradeKing wins FINRA approval for acquisition of GAIN Securities.A pair of Finovate alumni were among the companies to graduate from the Fintech Innovations Labs this summer: Dashlane and Narrative Science.
The FinTech Innovation Labs are a two-month long mentoring program developed by the Partnership Fund for New York City and Accenture. The program ends with a “Demo Day” presentation that gives participating companies the opportunity to show their technologies to financial industry decision-makers. More than 100 companies applied to this year’s program, of which six were selected. Read more about the Innovation Labs in our coverage here.
Netbanker walks through Moven’s invite and application process.