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Alumni News-- October 9, 2014

  • Finovate-F-Logo.jpgArxan Technologies partners with Xamarin to provide developers with enhanced application security solution.
  • InComm partners with PayPoint to launch Digital Gaming Vouchers.
  • Former Commonwealth Bank CMO Andy Lark appointed as Xero's new CMO.
  • Technologie.ie interviews Brian Monaghan, head of online at CurrencyFair on the growth of hacking.
  • Avaus lists Holvi among the 30 smartest companies in Finland.
  • Fairer Finance gives top marks to Zopa in its latest personal loan roundup.
  • Fast Company profiles how BioCatch makes online art out of visualizations of hacking attacks.
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.
  • Finovate-F-Logo.jpgPersonal Capital "zips past the $350 million mark," reports growth rates of +10% month-over-month.
  • Inc. features Kabbage's growth & how it has extended $200+ mil in funding to SMBs in just 2.5 years of operations.
  • FINalternatives looks at P2P lending growth and evolution, including Lending Club and Prosper.
  • Ovum research report highlights ACI Worldwide's leadership in payment switching industry.
  • MarketWatch features Better ATM Services in report on the next generation of ATMs.
  • CSI globalVCard named a finalist in two categories in 2014 Stevie Awards.
  • RTE News takes a look at Irish fintech startups including CurrencyFair and Trustev. Watch Trustev demo its technology at FinovateEurope 2014.
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.

Finovate Alumni News -- January 8, 2014

  • 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.

Finovate Alumni News-- January 6, 2014

  • Thumbnail image for Finovate-F-Logo.jpgChecking in with FlexScore is top of the list in this Forbes column on financial planning for those turning 50 this year.
  • Mint, Personal Capital, SavedPlus, and LearnVest earn spots on Fox Business' list of "5 apps to help keep your 2014 financial goals."
  • CodeSumBlog names BillGuard as its top financial management productivity app.
  • MasterCard completes acquisition of Provus, Turkey's leading independent payments processor.
  • Google announces that customers can now activate their Google Wallet card via the mobile app.
  • CurrencyFair highlighted in New York Times column on Ireland's tech start-up scene.
  • The Financial Post covers FinanceIt's POS financing solution.
  • Expensify revamps UI and adds executive assistant permissions with new "Wingman" feature.
  • Forbes lists LearnVest, Personal Capital and BillGuard as apps for saving money.
  • Xconomy lists Jemstep and Personal Capital as two new online services to put you back in command of your 401(k).
  • TIO Networks acquires Globex Financial Services to add well-known & respected billers to TIO's business.
  • Signifyd API adds fraud prevention to ecommerce platforms.
  • Saved Plus, Wallaby, FutureAdvisor, Wealthfront, and Level picked for CNN Money's list of the 15 best financial sites and apps.
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.
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.

  • Finovate-F-Logo.jpgLodo debuts D3 Consumer banking multichannel management platform.
  • App Annie's Free Upgrade Brings Advertising and Analytics Onto a Single Platform.
  • CurrencyFair raises $2.5 million from Frontline Ventures.
  • TSYS introduces Merchant Insights to hep customers better monitor and analyze social media data.
  • ACI Worldwide announces completion of Official Payments acquisition.
  • Jim Marous' Bank Marketing Strategy features Mitek in a discussion of "banking innovation for the fat-fingered."
  • Local CBS affiliate in San Francisco highlights crowdfunding, real estate, and Realty Mogul.
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.
Thumbnail image for CurrencyFairLogo.jpg

The $2.5 million investment, which includes participation from angel investors along with Frontline Ventures, brings CurrencyFair's total capital to $4.8 million.

CurrencyFair co-founder and managing director, Brett Meyers said, "We allow our customers to take control of how they transfer their funds and save them money at the same time ... (T)he investment will provide us with the opportunity to increase our awareness amongst our potential customer base and further develop and enhance our platform ..."

CurrencyFair has processed more than £500 million since the service was launched in 2010. Enabling individuals to conduct currency exchange with each other, rather than involving a costly "middleman", CurrencyFair estimates that it has saved consumers £20 million in bank fees and exchange costs.

 
       

"A customer and an investor" is how Frontline Ventures characterized its relationship with the P2P currency exchange specialist in a tweet on Friday. Said Frontline Ventures partner, Will Prendergast, "We found the offering so compelling that we moved to an investment and are excited about the future of this company."

CurrencyFair is headquartered in Dublin, Ireland, and won "Best of Show" at FinovateAsia 2012. The company was last on the Finovate stage in February, presenting their iPhone app. See the demo here.
  • Finovate-F-Logo.jpgIntuit to acquire FullSlate, an online scheduling company.
  • Boku partners with PassportParking, enabling consumers to pay for parking using their mobile number, and billed to carrier billing statement.
  • American Banker comments on the savings strategies of SaveUp, Betterment's ImpulseSave, and Social Money.
  • FIS study reports: Customer engagement in real-time payments requires mobility and convenience.
  • CurrencyFair featured in prime time on Irish television news.
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.
  • Finovate-F-Logo.jpgUS Storage Centers and PayNearMe unveil convenient electronic cash payments for self-storage tenants.
  • Actiance expands partnership with ZL Technologies to deliver enterprise and public social data into unified archive.
  • Blackhawk Network to acquire InteliSpend Prepaid Solutions.
  • Cachet Financial Solutions launches CheckRisk Pro, a tool to mitigate RDC risk.
  • Netbanker: Simple to launch bluetooth-based P2P payments.
  • The American Bankers Association endorses Q2's enterprise solutions for secure virtual banking.
  • Flint Mobile announces launch of swipe-free mobile payment app for Android.
  • Bloomberg Businessweek takes a look at Motif's "design-it-yourself investing."
  • TechWorld Australia features P2P currency exchange innovator, CurrencyFair.
  • Fenergo, Aite Group report: Capital market firms prefer centralized client onboarding.
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.

Finovate Alumni News-- October 21, 2013

  • Thumbnail image for Finovate-F-Logo.jpgAlvaro Soltero of Leaf takes a look at the future of payments.
  • Forbes.com features an interview with Brett Meyers, CEO of CurrencyFair.
  • MasterCard launches TravelController to improve expense reconciliation.
  • TSYS, PayPal, & PaySimple listed in top 10 multi-currency processing solutions for October.
  • Lendio launches beta version of Lendio for the loan specialist.
  • FORMFREE and Equifax partner to streamline borrower asset checks.
  • Prepaid Resources announces formation of Trefoil Technology.
  • TransferWise tops £1 million ($400,000 USD) mark in international money transfers.
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.
  • Thumbnail image for Finovate-F-Logo.jpgTechnology Banker takes a look at Arroweye Solution's EMV On-Demand solution.
  • CurrencyFair shows off its new mobile phone look. Read more about CurrencyFair in yesterday's FinovateAsia feature.
  • Arxan Technologies announces new tamper-proof jailbreak detection security & environmental sensing technology.
  • Spindle uses ValidSoft to authenticate mobile payments by voice.
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.
Thumbnail image for FinovateAsiaLogo.png

With a new round of fintech innovators less than a month away from taking the Finovate stage in Singapore, it's a great time to review last year's breakout performers.

Who were the winners (as determined by audience vote)? What did they present? And most importantly, what have they been up to in the weeks and months since?

To answer those questions and more, here's a look at what's new and notable from the Best of Show winners of FinovateAsia 2012.

_________________________________________________


Thumbnail image for CurrencyFairLogo.jpg

Who They Are: Specialists in peer-to-peer international money transfers, CurrencyFair presented an upgrade to the user interface for their MarketPlace screens.

Why They Won: Sending money abroad is fraught with cost and complication. CurrencyFair's MarketPlace solution creates an online, person-to-person environment in which individuals can negotiate their own exchange rates with each other.

What They've Been Up To: 

  • Won" "Most Insightful & Intriguing Internet Innovation" award 
  • Reached $500 million in transactions
  • Presented their iPhone app at FinovateEurope
  • Listed among top "Middleweight Startups" at The Europas 2013
  • Won Best Irish Startup Award from The Next Web
  • Named Startup of the Day by The Daily Business Post
  • Won "Best of Show" at FinovateAsia 2012
_________________________________________________

Thumbnail image for FinantixLogo.jpg

Who They Are: Finantix provides solutions to help banks, wealth managers, and advisors provide more and better advice and insight for their retail and high net worth clients

Why They Won: In presenting their Sharp digital banking platform, Finantix introduced a tool to change the way banks interact with their customers by introducing gamification, social and multimedia content, and natural language communication.

What They've Been Up To:

  • Partnered with VoiceTrust to bring voice biometrics to Finantix Banking Assistant
  • Launched Banking Assistant mobile app at FinovateEurope 2013
  • Won "Best of Show" at FinovateAsia 2012
_________________________________________________

Thumbnail image for SocietyOneLogo.jpg

Who They Are: SocietyOne is the first fully-compliant peer-to-peer online lending platform in Australia.

Why They Won: With ClearMatch, SocietyOne effectively leveraged proven banking technologies into new applications in the peer-to-peer consumer lending business.

What They've Been Up To:

  • Reached $1 million in personal loans originated mark
  • Earned spot on Mozo's VIP (Very Innovative Product) list for 2013
  • Won "Best of Show" at FinovateAsia 2012.
_________________________________________________

Thumbnail image for ubanklogo.jpg

Who They Are: Ubank is a division of NAB, the National Bank of Australia. Ubank operates as a branchless, Internet-only bank.

Why They Won: The introduction of Ubank's People Like U solution reflects a growing trend in banks adding PFM and financial management tools for their customers. The solution takes an econographic approach to helping consumers understand their own spending patterns  in the context of their peers.

What They've Been Up To:

  • Won 2013 Webby award in Financial Services/Banking category
  • Won six Best of the Best 2013 awards from Money Magazine Australia
  • Won "Best of Show" at FinovateAsia 2012
_________________________________________________

For more information about FinovateAsia 2013, returning to Singapore next month, visit our FinovateAsia 2013 page here.
  • Personal Capital to open Denver office.
  • Purchasing Insight reports: Taulia to bolster their presence in Europe.
  • Cardlytics announces new brand identity, including new logo and redesigned website.
  • CurrencyFair wins "Most Insightful & Intriguing Internet Innovation" at IIA Net Visionary Awards.
  • Leaf raises $20 million from Heartland Payment Systems.
  • Bright Funds announces support for PayPal.
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.
  • Finovate-F-Logo.jpgSmithsonian Magazine features how BehavioSec authenticates users.
  • NECN.com features Tom Leighton, CEO of Akamai Technologies to talk about how Akamai makes the internet faster and safer for its clients.
  • Ixaris launches Ixaris Payments Server to help banks build their own corporate prepaid programs.
  • Tasker Payment Gateways CEO touts alliance with Flint Mobile.
  • CurrencyFair featured in The Independent column on saving money when sending cash overseas.
  • Yodlee expands international reach by partnering with BlueChilli, a Sydney-based technology startup incubator.
  • Linkable Networks wins endorsement from American Bankers Association for its card-linked offer technology.
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.
  • Finovate-F-Logo.jpgBraintree opening office in Sydney, Australia, that will cater to developers and startups.
  • Monitise named winner in the Inspire Wales Awards.
  • Pindrop Security raises $11 million led by Andreessen Horowitz and Citi Ventures.
  • Metaforic wins American Technology Award for Cyber Security.
  • New Business interviews CurrencyFair founders on saving money when making foreign currency transactions.
  • Biz Report's Mobile Marketing column features 3 tips to improve location-based campaigns in an interview with Locaid CEO, Rip Gerber.
  • INTJ Capital takes a look at QuantConnect's announcement that it has added historical FX and US equity tick data.
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.

Finovate Alumni News-- June 6, 2013

  • FinovateLOGO.jpgCentral Intelligence Agency takes an actionable interest in Narrative Science.
  • IT operations management company Boundary touts its relationship with CurrencyFair.
  • Backbase CEO and co-founder Jouk Pleiter warns that bank customers are "no longer content to do the groundwork."
  • Mercator Advisory Group analyst takes a look at TSYS's proposed acquisition of NetSpend.
  • Mitek, LendUp, & Fuze Network dubbed runners up in 3rd Annual Core Innovators Mega Challenge.
  • TIO Networks announces strategic relationship with Aio Wireless.
  • Stockr wins Vator Splash LA startup competition, crowned most exciting company.
  • BankersLab launches Bank-it: Credit Edition.
  • Personal Capital to establish a Denver office and hire 100 financial advisers.
  • Business Insider interviews Braintree CEO, Bill Ready.
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.

Finovate Alumni News-- March 26, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTransferWise featured in HuffPost Students United Kingdom.
  • EZBOB investor John Garfield profiled in The Telegraph.
  • Money.co.uk compares money transfers through Azimo.
  • Fiserv partners with Romania-based Eutron Invest to provide Cash and Logistics solution portfolio to the Romanian market.
  • Forbes looks at the "best of the best" debt crowdfunders including Lending Club, Prosper, Zopa, SoMoLend, Rebirth Financial.
  • SecureKey announced availability of its cloud-based briidge.net identity and authentication platform.
  • ID Analytics introduces fraud detection solutions for online retailers.
  • The Globe and Mail lists Expensify as 1 of 5 apps that take the bumps out of business travel.
  • Petter Made, co-founder and COO of SumUp, talks about the advantages of Dublin as a base for business.
  • Credit Union Times reports: Fiserv launches SpotPay.
  • Finextra reports G&D and PayPal team on pre-paid mobile top-ups in Brazil.
  • Practical eCommerce takes a look at Klarna Invoice for OSC programs.
  • CSI's globalVCard wins top entrepreneurial prize at 2013 Innovation Project.
  • Newfination interviews CurrencyFair's Brett Meyers.
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.

FinovateEurope 2013 in the Press

Here's a look at some of the press coverage we received from FinovateEurope last week:

AllFacebook
Money-Transfer Service Azimo Integrates with Facebook
By David Cohen

American Banker
PressIMG.jpg
Cardlytics Brings Offers, Rewards to Bank Customers on Facebook
by Mary Wisniewski

True Office, Thomson Reuters Partner to Offer Gamified Compliance Apps
by Mary Wisniewski

Backbase blog
Backbase Unveils Amazon-like Digital Marketing Module at FinovateEurope 2013
by Prue Duggan

Bank Marketing Strategy
Moven From Mobile Banking to Mobile Money
by Jim Marous

Bankier.pl
mBank idzie za ciosem i pokazuje kolejne nowości
by Michał Kisiel 

Nowy mBank zapowiada mOkazje i przelewy wysyłane jak wiadomości

Banking Technology
Finovate Europe sees arrival of the Old Guard
by David Bannister

Temenos debuts LiveDesigner at Finovate Europe
by David Bannister

BankNXT
Finovate Europe 2013: Bank to the Future
by Auke Douwe

Berliner Morgenpost
SumUp will traditionelle Kassen abschaffen
by Jürgen Stüber

Computer World
Gamification trend could save banks from huge compliance fines
by Matthew Finnegan

Credit Union Times
Mobile Banking by Voice Next Up? Print Preview 
by Robert McGarvey

Datamonitor 
Finantix takes mobile banking to the next level

Ebests.com
Fresh from a $30m funding round, Kabbage looks beyond the US to launch its loans platform for UK SMEs
by Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

El Economista
BBVA participa en FinovateEurope entre ´startups´ europeas

El País blog
Móvil y banca en España
by Álvaro Martín Enríquez

Financial Times
Eye-opening options
by Peter Williams

Money app aimed at Facebook users
by Duncan Robinson

Triumph of technology
by Peter WIlliams

Finextra
Moven gears up for launch

Temenos unveils LiveDesigner tool for Web application development

The Currency Cloud API integrated into Salesforce and Sage 50

Forrester blog
Finovate Europe 2013: Bank to the Future
by Auke Douwe Veenstra

Finovate Europe 2013: Digital Financial Innovation
by Benjamin Ensor

FX-mm
The Currency Cloud's unique cross-border-payments-a-service capability available for leading enterprise software 

GoMo News
UK startup debuts mobile money app for Facebook
by Dave Evans

ICT journal
Huit innovations financières primées à Finnovate
by Hélène Lelièvre

Temenos étend sa gamme de solutions pour l'expérience utilisateur
by Bastien Brodard

Intelligent HQ
#Finovate NOW a new generation of Social Bankers
by Hayden Richards

FinTech News: #Finovate, #Gamification trends
by Hayden Richards

International Business Times
Sharing Money On Facebook Just Got Easier: Should Banks And PayPal Be Worried?
by Christopher Zara

Mapa Research
Finovate Day One Round Up
by Paul Merry

Finovate Day Two
by Joshua Grant

Money Marketing
Ian McKenna: New tech will drive down costs
by Ian McKenna

PandoDaily
Moven gives sneak peek of new mobile banking app
by Hamish McKenzie

Payments Journal
Kabbage Extends Its Small Business Funding Model To the UK

Payments Source
Cardlytics Searches for Issuer Adoption on Facebook
by John Adams

PR Web
Meniga Awarded its Second "Best of Show" Trophy at Finovate

Programmable Web
Integrate Cross-border, International Payments Processing with Currency Cloud's XBPConnect API
by Eric Carter

Puls Biznesu blog
Taki będzie Nowy mBank
by EUGENIUSZ TWARÓG

RFP Connect
SAGE SA To Introduce BlackSwan Financial Platform at FinovateEurope 2013

Shiny, Shiny
Azimo lets you transfer money to your Facebook friends
By beccacaddy

Tamebay
Ezbob to expand to the US
By Chris Dawson

Kabbage announces UK launch at Finovate EU
by Chris Dawson

TechCrunch
Kabbage Brings Data-Focused Online Merchant Lending To The UK
by Leena Rao

Social Money Transfer Service Azimo Adds Facebook Integration To Squeeze Western Union
by Steve O'Hear

Telegraph
Now you can use Facebook for international currency transfers
By Justin Harper

The Next Web
Cardlytics' transaction-linked ads for bank statements to get Facebook integration, as EU launch nears
by Paul Sawers

Open Bank Project aims to bring financial transparency to organizations with an API and Web 2.0
by Paul Sawers

P2P FX platform CurrencyFair announces $500m of transactions so far,
and vies fo $1bn in 2013 alone
By Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

TICBeat
BBVA triunfa con Stockbuzz, una app que analiza el IBEX35 en Twitter
by Miriam Castellanos

Travolution
Azimo claims first with Facebook funds transfer service
By Travolution

VentureBeat
Kabbage brings its quick fix loans to UK merchants
by Christina Farr

Thanks to everyone who came and helped make this year's FinovateEurope the biggest yet.
___________________________________________________________________________
We will continue to add to this list throughout the next few weeks as new coverage is published. If we are missing press coverage or if you would like to add to the list, please contact julie@finovate.com with the link.

CurrencyFair Unveils New Mobile App

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

CurrencyFairLogo.jpgAfter a short break, CurrencyFair is here to start off the second session of the morning here at FinovateEurope:

"With CurrencyFair's new mobile app, it's easy to make exchanges on the go, at the exact moment you choose. There will be a host of new features, such as the ability to set a rate alert when, for example, the rate available on CurrencyFair is better than the current market mid (interbank) rate."

Product Launched: March 2013

HQ Location: Dublin, Ireland
Company Founded: April 2009
Metrics: £2 million equity funding raised; more than 15,000 registered users; more than £1 million exchanged daily on average; more than £300 million transacted to date
Twitter: @currencyfair

Presenting Brett Meyers (Managing Director) and Jonathan Potter (Director)
IMG_1368c.JPG
IMG_1370c.JPG

  • Finovate-F-Logo.jpgDallas Business Journal reports PayTap helps split bills among friends, family.
  • Taulia to provide e-invoicing and supplier self-services to real estate market.
  • Ping Identity announces annual bookings grew more than 50% for the third consecutive year, cites other growth metrics.
  • Locaid to provide geofencing, location authentication for GTECH.
  • Nationwide shares pointers on how to use eDeposit.
  • ACI Worldwide announces winners of its 2013 Excellence Award.
  • Bazaarvoice to help UK furniture retailer Harveys execute social media strategy.
  • CurrencyFair wins "Start up of the Year" in The Next Web's Irish Startup Awards competition.  See them demo at FinovateEurope in London!
  • In this Forbes piece, BankersLab CEO and Co-Founder Michelle Katics gives a crash course on what it's like to take a startup global.
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.
Thumbnail image for CurrencyFairLogo.jpg
Second, CurrencyFair took the stage with MarketPlace, a international currency transfer platform:

"CurrencyFair has completely upgraded the interface on its MarketPlace, making the process of order execution even simpler and more efficient. The new layout allows customers to easily and clearly view the market depth, helping them choose an appropriate exchange rate for their MarketPlace order.

Using CurrencyFair's new MarketPlace, it is possible for customers to achieve an exchange rate approaching, and in many cases even better than, the market interbank rate otherwise only available to market professionals dealing in millions."

Product Launch: October 2012

HQ: Dublin, Ireland
Founded: April 2009
Metrics: €2M equity funding raised; over 10,000 registered users; €1M+ now exchanged daily on average; over €200M transacted to date
Twitter@CurrencyFair
Finovate demo video: Demo videos will be posted next week

Introducing Brett Meyers (Managing Director) and Sean Barrett (Director)

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IMG_0906.JPG


  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFor the second consecutive year, CashStar named 1 of the 2012 Best Places to Work in Maine.
  • The WSJ compares The Currency Cloud, Currency Fair, Wonga & Nutmeg with Britain's traditional banks. Come check out The Currency Cloud at FinovateFall in NYC September 12 & 13.
  • My Bank Tracker reports on a Dwolla integration at a Pittsburgh-based supermarket chain.
  • Virtual Piggy service will be integrated into Girly Stuff's e-commerce launch. Check out Virtual Piggy at FinovateFall.
  • FutureAdvisor raises $5 mil, launches 401(k) fee analyzer tool.
  • Currensee and Direct FX form partnership.
  • Jwaala and Truaxis team up to provide credit unions with StatementRewards platform. Come to FinovateFall to check out Truaxis' live demo.
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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMortgage Technology examines how Gerrard Schmid plans to combine Mortgagebot's POS & Avista's LOS tech.
  • Zopa reports biggest month yet with nearly £8 mil leant between members in July.
  • Cortal Consors wins Mobile Banking award from German-based "Leseraward Börse Online und n-tv".
  • Aptys Solutions announces Midwest Independent Bank as new bank customer.
  • Australia's Financial Review profiles CurrencyFair.
  • SecondMarket releases snapshot of users.
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.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgVirtual Piggy expands merchant base with Blee Inara's handcrafted original jewelry.
  • Umbel forms NetAlliance partnership with Akamai. Come to FinovateFall to see Akamai's live demo.
  • Fast Company talks with Alexa Von Tobel, LearnVest CEO. Check out LearnVest's live demo at FinovateFall.
  • USA Today features Social Money's SmartyPig.
  • Startup America features Bolstr. Come see Bolstr's live demo at FinovateFall.
  • The Independent looks at how CurrencyFair helps cut cost of cash transfers abroad.
  • The Financial Brand looks at how ImpulseSave hopes to create spontaneous savers.
  • GigaOM reports Corduro aims to win over big organizations that want to modernize their payment systems.
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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgForbes features Tuition.io's student loan platform. Come see Tuition.io's live demo at FinovateFall in NYC.
  • Alfa Insurance chooses Kony to power features of its mobile app.
  • Killerstartups features the planwise story and their success at FinovateFall 2011.
  • MSN Money compares CurrencyFair and competitor, Azimo. Come see CurrencyFair's live demo at FinovateFall.
  • Cartera Commerce named Global 250 Top Private Company for second consecutive year.
  • Actiance integrates Socialite platform and Salesforce.com to help companies track and monetize social media conversations. Come see Actiance at FinovateFall September 12 and 13.
  • SafetyPay, launches mobile version of service available to mobile shoppers internationally.
  • NPR features Silver Tail Systems, discusses how In-Q-Tel gives it the CIA's seal of approval.
  • Check Point Software Technologies taps the power of virtualization to simplify security for private clouds.
  • Des Moines Register staff blog reports Dwolla CEO, Ben Milne, spreads his mobile payments message at TEDxDesMoines.
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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSoMoLend raises $1.17 in Seed Funding.
  • TradeKing and Zecco announce agreement to merge.
  • The Economist names CurrencyFair as an option for transferring money abroad.
  • The Economist looks at how Wonga, Mint, SaveUp, and ReadyForZero use Big Data.
  • Xconomy reports Kony Solutions receives $15 mil in Series C financing.
  • Finextra reports SafetyPay takes e-commerce cash payment service global.
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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDes Moines Register reports Dwolla to establish small New York City satellite office.
  • Armada Data Solutions adds Check Point Software Technologies' firewall services to security practice.
  • TSYS signs payment services agreement with Pivotal Payments.
  • AOL UK lists CurrencyFair as 1 of 5 ways to transfer money abroad.
  • The Washington Post lists Expensify as an app that can make life at work a bit easier. Come see their new tech at FinovateSpring.
  • Blaze Mobile awarded another patent for NFC payments. See its live demo at FinovateSpring.
  • Credit Union Times looks at Filene-backed SaveUp. Come see its live demo at FinovateSpring.
  • Chicago Sun-Times highlights Authentify's technology.
  • The Wall Street Journal discusses P2P lending networks Prosper & Lending Club.
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.
Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
  • The Washington Post lists Kabbage as an alternative source of funding to bank loans.
  • Identity Theft 911 receives a 2012 International Stevie Award & an Excellence in Financial Literacy Education award.
  • Dwolla launches update to fix accidental transfers.
  • Silicon Republic profiles CurrencyFair CIO David Christian.
  • Main Street profiles Credit Sesame CEO Adrian Nazari.
  • American Banker reports BancVue sells credit card arm to First Arkansas.
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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports SmartyPig adds office in India.
  • American Banker reports PayPal digs even further into the prepaid card market.
  • TechCrunch Europe covers ETRONIKA's FinovateEurope presentation.
  • VentureBeat lists Danny Shader, CEO of PayNearMe, as an entrepreneur using startups to change the world.
  • Since Aptys Solutions 2010 launch, over 1,000 commercial banks now use PayLOGICS platform to process payments.
  •  Diversinet Corp. appoints Dr. Hon Pak as the company's CEO.
  • Cartera Commerce named to OnMedia 100 Top Private Companies List.
  • AccMan looks at how CurrencyFair solves multi-currency cost issues.
  • INDYCAR partners with Segmint to reward race fans.
  • MasterCard forms alliance with Silver Tail Systems.
  • Peter Thiel's Valar Ventures contributes to Xero's recent $16.6 million in funding.
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.

FinovateEurope 2012 in the Press

Here's a look at press coverage from FinovateEurope on Tuesday:

ABA Banking Journal
Innovative payment startups, 2012 Edition

ArcticStartup
ETRONIKA Creates Kinect-Based Security For Online Banking
by Greg Anderson

Backbase Blog
FinovateEurope 2012: a brief review 
by Jelmer de Jong

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Bank Innovation
7 New Services Launched at FinovateEurope 2012
by Mary Wisniewski

Banking Technology 
Finovate Europe packs in the punters

Blick Log 
Finanzinnovationen von der Finovate
by MNOCKERL 

bobsguide
Finovate Europe points way to the future
by Neil Ainger

Celent
Another take on Finovate
by Gareth Lodge

FinovateEurope 2012: More Payments and Mobile, Less PFM
by Zilvinas Bareisis

Innovative Payments Startups, 2012 Edition
by Zilvinas Bareisis

Commercial Integrator
Etronika Unveils Improved Microsoft Kinect-Based Online Banking
by Rachel Cericola

Finance 2.0
Finovate 2012: Der erste Eindruck
by Boris Janek

Financial Services Club Blog
The best of innovation in finance: #Finovate Europe 2012
by Chris Skinner

Finextra
Live at Finovate
by Pat Carroll

Finovate
AcceptEmail's Service Creates an Electronic Bill that Can Be Paid by Mobile

Actiance's Socialite Engage Helps Advisors Manage Social Media

Aimia and Cardlytics Help Merchants Track Offers and Revenue

Backbase Improves Bank 2.0 Portal Manager

Business Centric Services Group Launches CreditHQ

Brokertainment's StockBattle Lets Users Engage in Social Betting on Stocks

CurrencyFair Launches QuickTrade Feature

Dynamics Shows Off Smart Credit Card

eToro Introduces Guru Finder, Launches iPad App

ETRONIKA Revolutionizes How Users Interact with their Online Bank

Fenergo's Deal Manager Helps with Client On-Boarding and Account Opening

Figlo Makes Financial Planning Accessible on Any Device

FinovateEurope 2012 Live Twitter Transcript

Finsphere's Solutions Keep Online Banking Secure

Fiserv Introduces Mobiliti M-Cash

Handpoint Launches Secure Payment Solution for Tablets and Smartphones

Holvi Unveils Group Account Technology

IND Group's Banking-Front Office Gamifies Personal Finance

InvestorBee From DCisions Helps Users Make Sound Investment Decisions

Ixaris Demonstrates Customizable Card Program in a Box

Kabbage's ScoreKard Gives Online Merchants a Dashboard of Health

Liqpay's Zip.liqpay.com Allows for Easy Online Payments

Luup's Wallet System Facilitates the Internal Authorization Process

Meniga Upgrades PFM to Align with How People Think About their Money

miiCard Launches Open Beta of a Digital Passport for Online Identification

Mootwin Enables Users to Better Manage Mobile Apps

Nutmeg Offers a Tailored Investing and Saving Experience

PayPal Demonstrates Instant Account Creation

Ping Identity Shows How Financial Institutions Can Use Social Networking Logins

Sandstone Launches Mobile Banking App

Serverside's Technology Creates Viral Marketing Through Facebook

Service2Media Enables Secure Mobile Payments

Striata Launches Paperless Adoption Technology

Tradeshift's Instant Payments Gives Businesses a Faster Way to Receive Cash from Invoices

VALid from ValidSoft Uses Voice Authentication

Wipro Brings Customer Acquisition to the Tablet

ForresterLogo.jpgForrester Blogs
Finovate Europe 2012: Innovation In Digital Financial Services
by Benjamin Ensor

FSTech
Finovate Europe: best of show winners
by Scott Thompson

Hotwire PR blog
Finovate Europe 2012 - the aftermath
by Ben L

I Programmer
Kinect The Ultimate Security Device
by Harry Fairhead

Inside Brunei fm
ETRONIKA Brings online banking to Gesture Control, But Why?
by Roshan Jerad Perera

miiCard Blog
Impact of Financial Services in 2012, from FinovateEurope
by Cassie Anderson

A Cookie for Your Thoughts
by Cassie Anderson

Mircea Mihaescu Blog
Finovate London-- More Old News?
by Mircea Mihaescu

Money Marketing 
Ian McKenna: Technology the key to building scale
by Ian McKenna

Ian McKenna: The new wave of FS tech
by Ian McKenna

My Bank Tracker
Wave Your Arms in the Air: Etronika's Gesture-Based Banking
by Willy Staley

Nutmeg Blog
Nutmeg wins 'Best of Show' at Finovate Europe
by Aisha, Jono and Nick

OCTO Talks!
Innovation dans les services financiers: Retour sur Finovate 2012
by Joseph Glorieux 

Partners in Prepaid
Finovate 2012: New Kids on the Block
by Duygu Tavan

Payment Observer 
Trends and Innovation in Finance: FinovateEurope 2012
by Martin Schuppelius

psfk
Kinect-Powered Online Banking Logs You In With Your Face And Voice
by Emma Hutchings

Slash Gear
ETRONIKA produce Kinect-based online banking
by Chris Burns

TechCrunch Europe
Lithuanian company develops Kinect-powered online banking system
by Mike Butcher

TekFin
Financial Services and Data exhausts
by Yann

Ubergizmo
Kinect based online banking from Etronika a reality now
by Edwin Kee

Visible Banking
Cardlytics: Merchant Coupons within Online Banking [INTERVIEW]
by Christophe Langlois

Currency Fair: the P2P Marketplace to Exchange Currency on your Terms [INTERVIEW]
by Christophe Langlois

VisibleBankingLogo.jpg
Etronika: Kinect Banking at the Branch, Minority Report Style [INTERVIEW]
by Christophe Langlois

etoro: Copy Trading, Gamification and Personal Branding [INTERVIEW]
by Christophe Langlois

Finovate Europe 2012 (Photos, Videos, Crowdsourced Blog Coverage)
by Christophe Langlois 

Holvi: One Stop Shop for Groups - Crowdfunding, Budgeting, Expensing
by Christophe Langlois

iBrokr's StockBattle: the World's First P2P Option Game [INTERVIEW]
by Christophe Langlois 

IND Group: Bringing Gamification into the Online Bank [INTERVIEW]
by Christophe Langlois

Kabbage: for SMEs, More Social Media Engagement = More Cash [INTERVIEW]
by Christophe Langlois

LiqPay's Zip: a Payment Details Shortener 'bit.ly Style' [INTERVIEW]
by Christophe Langlois

Meniga's CEO: PFM Fully Integrated to Online Banking [INTERVIEW]
by Christophe Langlois

Nutmeg: Providing Private Banking Services to the Masses [INTERVIEW]
by Christophe Langlois

Ping Identity: Tapping Social Media to Customize Customer Experience in Banking
by Christophe Langlois

Serverside Group: Customize your Card Design on Facebook [INTERVIEW]
by Christophe Langlois

Vision Research Lab
Finovate-- look out for these companies
by Duygu Tavan

Finovate-- Who to look out for
by Duygu Tavan

Finovate: Hot stuff from Finland - meet Holvi
by Duygu Tavan

Zawya
Luup launches Mobile Travel Authorisation & Budget Management Service
CurrencyFairLogo.jpg

This morning, CurrencyFair showed off its upgraded interface:

"CurrencyFair has completely upgraded its interface, further streamlining the process of peer-to-peer foreign exchange transfers. This includes a new QuickTrade feature, which quotes an 'instant exchange rate' for any given amount, calculated based on the weighted average of the best rates of all opposing customer orders combined with CurrencyFair's own liquidity. This allows any amount, large or small, to be exchanged immediately at exchange rates close to, and in some cases even better than, the interbank rate."

Product Launched: January 2012

HQ Location: Dublin, Ireland
Company Founded: April 2009
Metrics: €1.65 million raised, 6 employees, over €80 million exchanged to date
Website: currencyfair.com

 Presenting Brett Meyers (Managing Director) & Jonathan Potter (Sales & Marketing Director)
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