Doxo

Finovate Alumni News– February 18, 2014

By David Penn Posted on
Categories: Azimo, Betterment, BillGuard, BlinkMobile Interactive, CAN Capital, DeviceFidelity, Doxo, EyeVerify, Fenergo, FIS, Matchi, Personal Capital, planwise, Taulia, Wealthfront, Xero
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgScotiabank selects Fenergo’s regulatory onboarding solution.
  • FIS announces partnership with Microsoft Cybercrime Center.
  • Azimo credits Indian expansion for surge in new cash pick-up points.
  • Betterment, Personal Capital, Wealthfront featured in Boston Globe column on personal wealth.
  • DeviceFidelity unveils RF technology behind its latest stand-alone, NFC microSD card.
  • Find Biometrics interviews Toby Rush, CEO of EyeVerify.
  • Vincent Turner, Planwise CEO, gives a closer look at the Planwise Solid Earth partnership.
  • Forbes examines how CAN Capital reinvents financing for SMBs.
  • City of Prosser launches on doxo to simplify bill pay and add mobile interaction.
  • BillGuard now offering free card monitoring for unlimited number of cards.
  • Taulia triples revenue growth in 2013.
  • BlinkMobile enters Europe, eyes U.S.
  • Xero adds a new chairman, director, and CEO of North America.
  • Matchi hires new CEO, David Milligan.
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.

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Finovate Alumni News– January 27, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Allied Payment Network, Billhighway, DeviceFidelity, Doxo, Expensify, EyeVerify, FIS, Jemstep, Lending Club, SecondMarket, Spreedly, Xero
  • Finovate-F-Logo.jpgLending Club named #5 on Forbes’ Most Promising Companies List.
  • The Wall Street Journal mentions SecondMarket’s private shares trading market.
  • Doxo receives 2013 Award for best Software and App from the Seattle Award Program.
  • VentureBeat lists Xero and Expensify as 2 of the best back-office software applications for small businesses.
  • Billhighway Prepaid MasterCard named winner in eighth annual Paybefore Awards.
  • Bank Systems & Technology features Allied Payment Network’s Picture Pay mobile bill pay app.
  • FIS wins Frost & Sullivan Customer Value Enhancement award for FIS Mobile Wallet.
  • Credit Card Vault in the Cloud Spreedly Raises $500k.
  • Find Biometrics takes a brief look at 2013 and 2014 with EyeVerify’s Director of Marketing, Denise Myers.
  • DeviceFidelity announces availability of its IsisReady NFC cases for iPhone.
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.

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Finovate Alumni News– January 16, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Doxo, ID Analytics, Jack Henry, peerTransfer, TSYS
  • Finovate-F-Logo.jpgID Analytics names George Gelly Chief Product Officer.
  • Doxo reviews 2013: hits 1 million users mark, achieves 3 to 6x growth in every region of U.S.
  • Northeast Bank to deploy Jack Henry Banking’s SilverLake System core processing platform.
  • TSYS to launch Authorization Controls for credit and debit cardholders.
  • University Business Magazine names peerTransfer a Top Product of 2013.
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.

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Finovate Alumni News — January 8, 2014

By David Penn Posted on
Categories: CurrencyFair, Doxo, Dynamics, Flint Mobile, LendUp, Manilla, Refundo
  • Thumbnail image for Finovate-F-Logo.jpgMerchant Maverick calls Flint Mobile “the perfect service for low-volume merchants.”
  • LendUp and Refundo team up to provide short-term loans for underbanked taxpayers waiting for refunds.
  • Manilla launches Bill Share to make managing family finances easier.
  • CurrencyFair unveils their new website.
  • The Seattle Times joins doxo to simplify bill delivery and payment for subscribers.
  • Dynamics ePlate Visa Card adds 50th rewards partner.
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.

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Finovate Alumni Raise $825 Million in 2013, Up 79%

By Julie Muhn (@julieschicktanz) Posted on
Categories: Affinity Solutions, Apprenda, Azimo, Bill.com, BillFloat, Cardlytics, Check, Clover Network, CoverHound, Credit Karma, CurrencyFair, DeviceFidelity, Doxo, Dwolla, ERN, Fenergo, FinanceIt, Flint Mobile, FTRANS, Funding, Heckyl Technologies, Jemstep, Kofax, Kony Solutions, LearnVest, Lendio, LendUp, Meniga, Moven, Narrative Science, Numbrs, On Deck Capital, OpenCoin, P2BInvestor, Payfone, PayNearMe, peerTransfer, Personal Capital, Ping Identity, Prestadero, Prosper, Q2ebanking, Receivables Exchange, SafetyPay, SeedInvest, Socure, SoMoLend, Spreedly, SumUp, Swipely, Taulia, TradeHero, Tradeshift, TransferWise, True Office, Trustev, Tuition.io, Wealthfront, Wipit, Xero, Zooz

FinovateFundingIMG.jpg

Cheers to a new year! After ringing in 2014, we wanted take a look back at the capital raised by Finovate alumni in 2013. It was quite a year, with alums pulling in $825 million, $365 million more than in 2012 for an increase of about 80%.
2013 funding summary:
    • 62 companies raised $825 million
    • Q4 had the most capital, with a total of $294 million raised by 17 companies (more than half by Xero, which landed $150 million). 
    • October was the busiest month, with $177 million raised (mostly Xero’s $150 million)
    • May was second highest with $91 million raised by 7 companies
2012 comparison
Last year Finovate alums took in almost twice as much as 2012, when 44 Finovate alums collectively raised $460 million. The chart below shows the quarter-by-quarter comparison for both years.
2013YearEndTable.jpg
Quarter 1 — blog post
More than $155 million raised by 14 companies
January — $57 million raised by 6 companies
February — $56 million raised by 5 companies

March — $42 million raised by 4 companies


Quarter 2 — blog post
More than $205 million raised by 15 companies
June — $81.7 million raised by 6 companies
May — $91.5 million raised by 7 companies
April — $32 million raised by 2 companies

Quarter 3 — blog post
More than $171 million raised by 22 companies

July — More than $63 million raised by 8 companies
August — More than $26 million raised by 6 companies
September — $82 million raised by 9 companies
Quarter 4
More than $294 million raised by 17 companies

October— $177 raised by 6 companies
November — More than $87 million raised by 7 companies
December — More than $30 million raised by 6 companies

Note: Funding that companies received before they first appeared at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

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doxo Raises $3.5 Million in New Funding

By David Penn Posted on
Categories: Doxo

doxo.jpg

One of the competitors in the bill management space, doxo, announced that it had raised $3.5 million in new funding just before the holidays. The additional capital brings the Seattle-based startup’s total to $19 million.

doxo makes it easier for businesses and consumers to move toward more efficient, paperless financial management processes. The company includes Jeff Bezos and Open Table CEO Thomas Layton among its investors, and its cloud-based document storage and online payment system has been compared favorably to PayPal. Among doxo’s customers are AT&T, Sound Community Bank, Puget Sound Energy, as well as the State of Washington.

doxo_homepage.jpg

Additional investors include Mohr Davidow and Sigma Partners. doxo CEO Steve Shivers said that the additional funding will be used to help “accelerate growth” in 2014. Shivers co-founded doxo with Mark Goris in 2008.

doxo demoed its technology as part of the FinovateSpring 2011 show in San Francisco. See the company’s presentation here.

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Finovate Alumni News– January 2, 2014

By David Penn Posted on
Categories: Doxo, Lending Club, Manilla, peerTransfer
  • Lending Club announces more than 144,000 loans valued at more than $2B processed in 2013.
  • AARP Blog highlights Manilla among its list of “6 mobile apps to help you get organized.”
  • doxo announces $3.5 million in new funding.
  • peerTransfer reports another $6 million investment and a new CEO
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.

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Finovate Alumni News– December 11, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BehavioSec, Cachet Financial Solutions, Doxo, Lending Club, NICE Systems, SAGE SA, TSYS
  • Finovate-F-Logo.jpgDMG Consulting ranks NICE as the speech analytics market share leader for the fifth consecutive year, and as the contact center WFO market share leader for the first half of 2013.
  • Cachet Financial Solutions partners with YellowPepper to bring mobile deposit technology to Latin American Marketplace 
  • Midway Sewer District launches on doxo; more than 8% of customers go paperless in the first 90 days.
  • See BehavioSec’s Best of Show winning demo from FinovateAsia 2013.
  • Pymnts.com talks with Jonathan Hancock of TSYS on curbing card-not-present fraud.
  • Sage adds daily spending limits, funding rules to their Business Prepaid Visa Card mobile app.
  • American Banker reports: Lending Club Targets Small Banks with Personal-Loan Push http://bit.ly/19CcyQq
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.

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Finovate Alumni News– December 4, 2013

By David Penn Posted on
Categories: ACI Worldwide, BancVue, BBVA, Digital Insight, Doxo, Emida, EyeVerify, IntelliResponse, Intuit, Kabbage, MiiCard, Mint.com, Payoneer, PayPal, Prosper, RevolutionCredit, Taulia, TipRanks
  • BBVA Compass announces launch of BBVA Research iPad app.
  • Bank Innovation column on fintech in Israel features TipRanks and Payoneer.
  • Emida launches Handset and SIM Programs.
  • BancVue and other Credit Unions Help U-Haul Refinance Corporate Debt.
  • Prosper’s daily average loan originations grew almost 10% in November over October.
  • The Next Web reports: PayPal launches a digital gift store, featuring Apple as its sole launch partner.
  • City of Gig Harbor Launches on doxo; More than 5% of Residents Go Paperless in the First 90 Days.
  • Forbes: Kabbage Now Uses Square Data to Provide SMB Funding.
  • Mint is now available on Windows 8.1 and Windows Phone 8.
  • btcQuick Bitcoin Exchange working with miiCard to mitigate fraud.
  • EyeVerify interviewed on The Kansas City Power Lunch radio program.
  • IntelliResponse wins bronze in Best in Biz Awards’ Most Innovative Product of the Year category for 2013.
  • Intuit to purchase document startup company, Docstoc.
  • American Banker features Zaydoon Munir, founder of RevolutionCredit.
  • ACI Worldwide adds new executives, open new South American HQ in Sao Paolo, Brazil.
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.

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Finovate Alumni News– November 19, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Acculynk, Actiance, Billhighway, Doxo, Finovera, Green Dot, Intellaegis, Manilla, MasterCard, Mint.com, Moven, PayNearMe, PayPal, Saved Plus, Virtual Piggy
  • Finovate-F-Logo.jpgBillhighway listed as one of the 100 Best & Brightest Companies to Work for.
  • Actiance to launch Vantage Compliance App on Salesforce.com’s AppExchange.
  • Virtual Piggy launches new iOS mobile app. 
  • hyperWALLET to integrate with PayNearMe to offer cash payment acceptance options.
  • Uber is first company to use PayPal’s mobile SDK.
  • Acculynk offers UnionPay debit card acceptance to U.S. merchants.
  • American Banker takes a look at efforts by Moven and GreenDot to bring transparency to payments.
  • Techcrunch reviews Finovera, includes shout-outs to Mint, Manilla, and doxo.
  • Intellaegis to provide masterQueue to Portfolio Recovery Associates, world’s largest debt buying company.
  • The Week features Saved Plus in column “3 money apps that look more useful than Coin.”
  • MasterCard and Worldline partner to provide MasterPass-powered digital wallet.
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.

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Finovate Alumni News– November 18, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Billhighway, Credit Sesame, Doxo, EyeVerify, FlexScore, Leaf, Lending Club, Lendio, MasterCard, Open Bank Project, PayNearMe, PaySimple, ShopKeep POS, SumUp, Toopher, Wallaby Financial
  • Finovate-F-Logo.jpgRentPaidOnline and PayNearMe partner to bring cash payments to its online platform 
  • Daily Finance interviews PaySimple CEO Eric Remer on Next-Gen Payment Processing.
  • ShopKeep POS releasing new version of its iPad-based sales mgmt system to cut checkout time in retail locations.
  • Novant Health launches on doxo to deliver bills & simplify the patient experience.
  • Lendio named one of Utah Business Magazine’s Best Companies to Work for in 2013.
  • Credit Sesame launches banking channel with new interest rate comparison tool.
  • Billhighway ranked no. 146 fastest growing company in North America on Deloitte’s 2013 Tech Fast 500.
  • Former U.S. Treasury assistant secretary for financial institutions and Google SVP join Lending Club’s advisory board.
  • The Paypers reports SumUp extends to Latin America with launch of m-payments service in Brazil.
  • Lend Academy reports: Lending Club now valued at over $2 Billion.
  • Open Bank Project organizing the second edition of Hack/Make The Bank FinTech hackathon in Paris on Nov 30th.
  • EyeVerify competes tonight in Kauffman Foundation’s “Get in the Ring: The American Startup Clash”.
  • Texas Advanced Computing Center to test pilot Toopher’s Invisible Multifactor Authentication solution.
  • MasterCard opens office in Bangladesh.
  • Leaf featured in column on Boston-based mobile payment hardware systems.
  • The Points Guy compares new Coin card to Wallaby Card.
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.

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Finovate Alumni News– October 17, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Doxo, PayPal, Signifyd
  • Finovate-F-Logo.jpgPayments News: PayPal grows revenues 19%, adds 5 million registered users.
  • Gizmodo reports: Signifyd Checks Your Tweets to Make Sure Your Spending Spree’s Legit.
  • Wisconsin-based Rice Lake Utilities launches on doxo to provides customers a convenient way to receive and pay bills.
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.

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