Xendpay Introduces Cash-to-Cash Mobile Payments

This post is a part of our live coverage of FinovateEurope 2013.

Starting off day two here at FinovateEurope is Xendpay. The COO and CEO are coming to the stage right now:

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“Xendpay itself is very new. However, we will be demonstrating a new service: a cash-to-cash mobile international payment. The user will send a money transfer without a payment card or bank account using just their mobile phone from a corner shop.

Previously to do this kind of payment, the person would have to visit a Western Union (or similar) agent.

Xendpay can also send a conventional card-to-bank payment, as well.”
Product Launched: August 2012
HQ Location: London, UK
Company Founded: July 2012
Metrics: 6 employees; more than 20,000 registered users; average money transfer is £700; money sent to more than 80 countries
Website: xendpay.com
Twitter: @xendpay
Presenting Jake Holloway (COO) and Rajesh Agrawal (CEO & Chairman)
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Comarch Merges Online Banking with PFM, CRM with Investment Advisory

This post is a part of our live coverage of FinovateEurope 2013.

Wrapping things up for the final session of Day One at FinovateEurope 2013 is Comarch:

“Comarch Smart Finance is an innovative system that combines functionalities of online banking and personal finance managemet into one powerful solution, making banking more personal.
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It helps banks address the needs of their customers with relevant offers. Comarch Smart Finance comes with 
complementing mobile applications for tablets and smartphones, offering and intuitive interface, easy access to operations, and broad functionality.
Comarch Investment Advisor is a multi-channel solution dedicated to private banking and wealth management. It combines CRM and investment advisory, and supports an optimal selection of investment, pension, and insurance products for the client.
The most important benefit is access to client financial and wealth analysis based on historical, today, and forecast records as well as client-oriented sales advice.”

Product Launched: 2012

HQ Location: Krakow, Poland
Company Founded: 1993
Metrics: 3,500 employees; more than 30 offices worldwide
Website: comarch.com
Twitter: @Comarch_Finance
Presenting Tomasz Marszał (EVP Business Development) and Grzegorz Prosowicz (Business Development Manager)
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SAGE Introduces Risk Management, Portfolio Optimization Tool

This post is a part of our live coverage of FinovateEurope 2013.

SAGE is coming to the stage now with their BlackSwan Financial Platform:
 

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“BlackSwan Financial Platform is a risk management and portfolio optimization tool. It is addressed to investors and 
relationship managers to help them make better investment decisions, but more importantly build trust with their clients.  The platform allows them to visualize the risk held in a portfolio and perform what-if scenarios. Investors can intuitively understand the consequences of their decisions.
Using fat-tailed distribution and minimizing the expected tail-loss allows the system to take into account extreme events such as market crashes or other collective behavior when suggesting the most appropriate asset allocation for the client’s profile.”

Product Launched: September 2012

HQ Location: Lausanne, Switzerland
Company Founded: August 1986
Metrics: 85 employees, 15M CHF 2012 sales
Website: sage.ch
Presenting Jean-Luc Freymond (CEO) and Xavier Martinot (Consultant)
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Cardlytics Organizes Your Rewards in a Facebook App

This post is a part of our live coverage of FinovateEurope 2013.

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Then, Cardlytics took the stage with its Facebook app that summarizes rewards for users:

“Cardlytics’ latest innovation is a Facebook app, initially launched from an online banking session, containing a rewards summary page showing all available offers. The innovation is a working prototype with a release available to banks in Q2 2013.”

Product Launch: Q2 2013
HQ: Atlanta, GA, USA & London, UK
Founded: 2008
Metrics: The company has raised just under $60M in venture capital and has over 250 U.S. employees and over 15 U.K. employees. Cardlytics’ targeted advertising platform can reach 220M U.S. consumers and 10M U.K. consumers. Over 20% of consumers are reached through an integrated mobile solution.
Twitter: @cardlytics
Presenting Jason Brooks (Managing Director) and Charles Humphrey (Commercial Director)
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BörseGo’s Guidants Platform Gives Users Access to Financial Information via Widgets

This post is a part of our live coverage of FinovateEurope 2013.

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Afterwards, BörseGo showcased its Guidants platform:
“Guidants is a unique html5-based platform to access any imaginable kind of financial information and calculations. Guidants comprises more than thirty small widgets the user can freely add, arrange and save on his workspace. Each such widget has one task like displaying a chart, the fundamentals of a stock, showing a video stream or giving direct access to a broker. 
The user can modify each widget according to his needs (size, content, appearance) and connect single widgets with others so that they interact with each other. All widgets make use of real-time push technologies and thus live up to the heightened requirements of our information society.
Guidants is free of charge and users can subscribe to premium content and additional widgets.”
Product Launch: October 2011
HQ: München, Germany
Founded: 2000
Metrics: 70 employees, 10M revenue, working
Website: boerse-go.ag
Presenting Johannes Pfeuffer (Executive Assistant) and Christian Ehmig (CTO)
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Pockets United App Brings the Social to Mobile

PocketsUnitedLogo.jpgThis post is a part of our live coverage of FinovateEurope 2013.

Following rplan to the stage is Pockets United:

“Social is the next big thing in mobile payments, yet you cannot downgrade it to a simple, on-top feature for existing PSPs nor banks. A category killer in this field must be social by design.
This means cutting-edge user experience and fund to use in day-to-day scenarios.  This space is hot.  Carriers see their business threatened by all-encompassing data flats, while traditional banks and credit card companies see payment shifting to mobile devices, whose users are owned by carriers.
Pockets United sits right in the center of this clashing zone, offering a helping hand to both sides.”
Product Launched: Spring 2013
HQ Location: Munich, Germany
Company Founded: May 2011
Metrics: $160,000 raised to date; winner of several awards (e.g. 50 Hottest Companies of 2011, Vienna & IKT First Prize Internet of Services, Berlin)
Twitter: @pocketsunited
Presenting Markus Stiefel (CEO) and Matthias Schicker (CXO)
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rplan Launches Portfolio Builder to Help Users Select Investments Based on Personal Goals and Risk Preferences

This post is a part of our live coverage of FinovateEurope 2013.

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Second, rplan launched its Portfolio Builder platform that guides users through the investment process:
“Portfolio analysis aims to help investors answer three fundamental questions:
• What have I got?
• How well am I doing?
• What can I do to improve?
It shows users how much they have invested and where, but also tells them how they are doing based on risk, cost, performance, and goals. Finally, it offers in-depth analysis based on asset allocation and fund analysis, alerting users to how they can improve their portfolios.
Portfolio builder helps users create an investment portfolio based on key criteria such as goals and risk. It allows users to narrow down from 2,400 available investments to those that are applicable to them, giving them feedback on their investment decisions as they go in areas such as asset allocation and fund selection.
The key to both these features is simplicity, giving mainstream investors the knowledge, tools and confidence to manage their own investments.”
Product Launch: February 2013
HQ: London, UK
Founded: January 2011
Website: rplan.co.uk
Twitter: @rplanme
Presenting Andy Creak (CEO) and Nick Curry (CPO)
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Kabbage Brings its Small Business Lending Platform Across the Pond to the U.K.

This post is a part of our live coverage of FinovateEurope 2013.

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First up for the final session of the day, Kabbage demonstrated how U.K. businesses can receive funding on its platform:

“Kabbage has launched its services in the UK at uk.kabbage.com. Now small businesses in the UK can link their eBay and PayPal accounts to Kabbage’s platform and receive funding in minutes!”

Product Launch: February 2013
HQ: Atlanta, GA, USA
Founded: February 2009
Metrics: Raised $56M in equity to date. Approximately 80 employees in two offices. Approximately 10,000 qualified accounts.
Website: kabbage.com
Twitter: @kabbageinc
Presenting Robert Frohwein (CEO) and Kathryn Petralia (COO)
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ETRONIKA’s BANKTRON E-Channels Management Platform Offers a Personalized EBanking Experience with Animated Widgets

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This post is a part of our live coverage of FinovateEurope 2013.

Wrapping up the third session of the day, ETRONIKA showcased its BANKTRON E-Channels Management Platform:
“ETRONIKA’s BANKTRON e-channels management platform enables a completely new approach to the banking and finance industry, which provides front-end users elegant, safe, and secure financial products and services. 
The solution allows financial institutions to offer a highly personalized, attractively simple, and enhanced e-banking experience for its clients across all channels and devices.
BANKTRON makes all delivery channels work seamlessly together as an integrated whole.”
Product Launched: Q2 2013
HQ: Vilnius, Lithuania
Founded: 2000
Metrics: 50 employees, self-funded
Website: etronika.com
Twitter: @EtronikaTweets
Presenting Kęstutis Gardžiulis (CEO & Co-Founder) and Vytautas Šopis (Project Manager)
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Integrated Real-Time News and Data Analytics from Heckyl Technologies

This post is a part of our live coverage of FinovateEurope 2013.
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As we move toward the end of the first afternoon session, Heckyl Technologies is about to take the stage:

“Heckyl FIND 2.0 (Financial In News & Data) is a real-time news and data analytic platform for retail traders and brokerages.
FIND gets integrated with trading terminals to provide high quality information, visuals, heat maps of sentiment, and market data to help traders find the trading opportunities in this fast moving market.
FIND helps you explore new ideas and keep pulse on the current business events/issues. Whether you are a short-term trader, investor, or fund manager, and whether you prefer equities, forex, or commodities, you will find a wealth of information that matters to ‘you’ streaming at your fingertips.
FIND is for retail traders like Bloomberg and Thomson Reuters are for institutions.”

Platform Launched: January 2013

HQ Location: India
Company Founded: December 2010
Website: heckyl.com
Twitter: @iTrake
Presenting Mukund Mudras (Co-Founder) and Som Sagar (Co-Founder)
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Optimizing Data and Information with FreeAgent

This post is a part of our live coverage of FinovateEurope 2013.

Afterwards, FreeAgent showcased its solution that uses data to assess risk: 

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“We are extending the reach of our solution to make much more intelligent use of the data and information that is the life-pulse of a business. Our users will be able to gain insight into the health of their business in real-time, with FreeAgent automatically highlighting performance trends and potential problems in an easy to understand way.
Equally compelling is our capability to make this information available to banks and other lenders, giving them insights into the strength and financial well-being of their customers, with one eye on customer service and another on risk.”

Product Launched: Q2 2013

HQ Location: Edinburgh, UK
Company Founded: April 2007
Metrics: 50 employees; 27,000 paying customers
Website: freeagent.com
Twitter: @freeagent
Presenting Ed Molyneux (CEO) and Kevin McCallum (Business Development Director)
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LeanBanking Introduces figo-API to Unify Finances

This post is a part of our live coverage of FinovateEurope 2013.

Next to the stage is LeanBanking:

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“The figo-API is bringing together banks, payment providers, and financial service providers via one API that is stored in the cloud.
We’re transforming your finances into meaningful and actionable views, categories, budgets, and recommendations by enriching transaction 
metadata.
We’re changing the banking paradigm from a ‘pull’ to a ‘push’ experience.
The figo-API is an off-the-shelf solution for service providers that want to offer bank account related services.”

Product Launched: February 2013

HQ Location: Munich, Germany
Company Founded: August 2012
Website: figo.me
Twitter: @figoapp
Presenting Markus Lüdemann (Founder)
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