Blog
 |
|
 |
|
Recently in
Currensee
Category
The Wall Street Journal takes a look at "bitcoin startups" including OpenCoin. Come meet them at FinovateSpring in San Francisco.
- Currensee announces launch of Trade Leaders managed fund.
- US Bankcard Services now providing AuthenticID service to its merchants. See AuthenticID demo at FinovateSpring next week.
- Check Point introduces 600 Series security appliances for SMBs.
- Forbes lists SoMoLend as 1 of 10 top crowdfunding sites for fundraising.
- Investor Junkie reviews Jemstep. Come see what's new at Jemstep at FinovateSpring next week.
- MoneyDesktop honored with Bronze award in the Telly Awards, which recognize the finest video, film, & web commercials. See them demo at FinovateSpring.
- Business Insider names BillGuard as 1 of the 20 hottest startups from Israel.
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.
 - Alliance Data teams up with Locaid to provide opt-in geofence pilot program for branded cards.
- Currensee announces Trade Leaders Investment Program.
- Leaf announces Quick Serve POS solution for restaurants. See Leaf in action at FinovateSpring in May.
- Credit Sesame reports growth figures.
- Banno creates 15 responsive design websites in Q1 2013.
- HelloWallet hires 6, bringing total number of employees to 40.
- LG now offers the convenience of purchasing via PayPal on their 2013 line of Smart TVs.
- American Banker reports Fiserv updates its Unified Wealth Management platform.
- Money Marketing features Rplan, Nutmeg, and LoveMoney as startups that appeal to the under-30 crowd.
- Dropbox offers single sign on through partnership with Ping Identity.
- CMO.com interviews Yandex CEO Bernard Lukey is the director of sales and business development.
- GigaOM reports PayPal offers 2 new extensions for Magneto merchants.
- The Economist takes a look at the bitcoin boom, including alternatives like OpenCoin. See OpenCoin demo Ripple at FinovateSpring in May.
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.
 Here is a list of all the funding Finovate alumni received over the course of 2012.
After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.
A few stand-out metrics for the year:
- A total of 44 companies received funding, some more than once in 2012
- Combined, more than $450 million was raised
- The best quarter for raising capital was the first quarter when more than $150 was raised
- The biggest funding month this year was March, with more than $68 million raised by three companies
Here is a month-by-month breakdown of funding received.
January -- $25 million raised by 3 companies
February -- $57 million raised by 5 companies Capital Access Network: $30 million -- blog post
March -- $68 million raised by 3 companies
April -- $2.5 million raised by 1 company
May -- $55.5 million raised by 5 companies
June -- More than $62 million raised by 8 companies Affinity Solutions: $14.5 million -- blog post
July -- $6 million raised by 2 companies
August -- More than $49 million raised by 6 companies* The Currency Cloud: $3.1 million -- blog postContinuity Control: $2.25 million -- blog post
September -- More than $59 million raised by 5 companies
October -- $37 million raised by 2 companies The Currency Cloud: $1.9 million -- blog post
November -- More than $23 raised by 4 companies
December -- More than $16 million raised by 4 companies Controlabill: $570,000 (A$600,000) -- blog post
*In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.
Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.
Currensee awarded best Social Trading Platform award at UK Forex Magnates Summit.
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.
IDentity Theft 911 to offer Humana members ID management & credit monitoring services.
- ThreatMetrix honored as bronze winner in the 4th annual 2012 Golden Bridge Awards.
- Euromoney looks at SoMoLend as a funding alternative.
- ReadyForZero answers questions about debt on Lifehacker.
- Geezeo opens API to third party developers.
- Monitise CFO John Brougham retires.
- TIO transforms bill pay options for growing Hispanic marketplace through partnership with Progreso Financiero.
- Arroweye Solutions' digital tech powers growth at GiftCard.com.
- Allied Wallet partners with Swedish e-commerce payment services provider Klarna.
- Janrain and Bazaarvoice team to enhance social shopping experience via social login.
- Pageonce and Blackstone Tech Group partner to bring utility companies a mobile payment option for customers.
- Idaho Central CU launches RDC powered by MShift.
- MyBankTracker reports Fifth Third Bank Statements Now Available on Manilla.
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.
 - Ping Identity teams with Criterion Systems to develop secure consumer cloud ID ecosystem.
- TIO Networks retains Hayden IR to develop strategic US investor relations program.
- Kapitall and Wired unveil the Social Index.
- Dwolla releases major updates to its API.
- Check Point positioned as a Leader in the 2012 Magic Quadrant for Mobile Data Protection.
- The Next Web lists Fee Fighters as a startup in a small business tech trend space.
- Business Insider names Wonga and Klarna to its 2012 Digital 100 List.
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.
ZipZap to power global cash payments for omba.
- Forbes mentions Credit Sesame, Tuition.io, PayTap, Digital Mailer as 4 tools to help you manage your money.
- Capital Access Network closes $295 mil credit that to serve the small business community.
- PYMNTS chats with Kabbage's co-founder & chief operating officer, Kathryn Petralia.
- GambleID taps Locaid for geolocation services.
- PC World features Yodlee, ShopKeep POS, Bolstr, PaySimple, CommunityLend, & Billhighway.
- CU Times reports Mortgagebot Launches First Credit Union on Integrated Platform.
- SafetyPay, in conjunction with the Bank of Montreal, the RBC, TD Bank & Scotia Bank, offers online payment service via Canadian Interac network.
- Fiserv selected as Affinity Provider in FPA Practitioner Resource Guide.
- Currensee delivers PAMM Replacement Solution for CTAs and Money Managers.
- Netbanker: BillGuard is first financial service to Integrate with the New iPhone Passbook Wallet.
- Compass Plus partners with WorldWide Financial Services.
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.
For 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.
- Silver Tail Systems announces the availability of Forensics 3.0 software.
- International utility, National Grid, selects Striata for email billing and transactional services.
- Social Trading Guru describes Currensee's new leverage option.
- Kabbage rolls out new tagline and logo design.
- InComm forms partnership with Plastic Jungle and Zeevex.
- Check out the latest CEO interview with Figlo's Albert van den Broek.
- Blackhawk Network to implement Prepaid Resources' BenefitsDirect service.
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.
 Since we are nearing the end of the first quarter, we wanted to look back at all of the Finovate alums who have raised funding over the past few months. Here's the month-by-month breakdown: January -- $25 million raised by 3 companies February -- $57 million raised by 5 companies March -- $68 million raised by 3 companies Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.
The Paypers reports Geezeo inks contract with Loc FCU.
- ProfitStars introduces RemitCentral for centralized payment processing. See ProfitStars at FinovateSpring.
- Business Insider looks at why PayPal continues to be relevant to small businesses.
- GeekWire reports how VC investments in Finsphere brought VC cash to Seattle.
- Yodlee partners with Central 1 to power PFM for Canadian financial institutions.
- AlphaClone now displays stock prices on Sentiment Charts.
- Ping Identity named 1 of Denver Post's 2012 top workplaces.
- FirstData to use MoneyDesktop's PFM in online banking solution.
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.
 - Bazaarvoice appoints Kelly Connery as GM of brands in North America & Matthew Schatz as GM of retail & emerging markets.
- SoMoLend wins first place prize in the University of Dayton's 2011-12 Business Plan Competition. See it demo live at FinovateSpring.
- Bank Technology News reports Intuit Buys M-Payments Co. AisleBuyer.
- Over 100 institutional partners offer Currensee Trade Leaders Investment program to investors.
- Expensify Lite iPhone app is now Expensify.
- Mashable features Personal Capital. Come see its live demo at FinovateSpring.
- Equifax launches ID protection & credit monitoring product for the family.
- Ping Identity partners with Macnica Networks.
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.
 Alternative investment platform, Currensee, announced yesterday that it will expand into the Latin American region and U.S.-based Latino market by launching its platform in Spanish.  Dave Lemont, Currensee CEO, also mentioned a pending launch of the website in Portuguese to fill increasing demand for the alternative investment platform. The release revealed a few facts: - Over 1,000 investor accounts opened
- Over $30 million in assets reported since its start
- $20 billion is traded via Trade Leaders Program
To learn more about Currensee, watch its FinovateSpring 2011 demo.
MSN Money UK explains how Zopa represents the future of banking.
- MintLife blog reviews FutureAdvisor. Come see their live demo at FinovateSpring.
- Silicon Prairie News covers a SXSW panel discussion where Dwolla discussed growth. See its new tech at FinovateSpring.
- Forbes interviews PaySimple CEO, Eric Remer, on how he began the startup. Come see PaySimple at FinovateSpring in San Fran.
- MSN Business on Main interviews Dwolla's Ben Milne, asks if it's the next PayPal.
- Currensee expands into Latin American region with Spanish website.
- Xero partners with Abukai, helps MYOB users migrate accounting software.
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.
Cartera Commerce launches OfferLink rewards solution for local businesses.
- MyBankTracker features PayNearMe and shares how to pay your utility bill at 7-Eleven.
- American Banker shares how Plastyc is 1 of 3 prepaid card providers to adopt or test a disclosure box to inform consumers of fees.
- ReadyForZero launches its Facebook timeline.
- LearnVest launches a tool to help decide if you should outsource a task or do it yourself.
- Forbes describes how Lending Club and Prosper have opened up the consumer debt market.
- VentureBeat shares how Outright can assist during tax season.
- Striata partners with IHS Telekom to bring eBilling to Turkey.
- David Marcus named President of 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.
 - Expensify now enables centrally managed company mileage rates.
- ProfitStars refreshes brand image to make info more accessible for financial institutions.
- AlphaClone to offer Alternative Alpha ETF from U.S. Bancorp.
- Entrepreneur points to ModoPayments as a tech innovation shaping user experience.
- AirStrip Technologies selects Diversinet's MobiSecure SDKs for Government healthcare applications.
- Finextra reports Geezeo signs Alabama Telco CU.
- FINalternatives interviews Currensee CEO Dave Lemont.
- Three Finovate alumni named Lead411's Hottest San Francisco Companies.
- miiCard asks FinovateEurope 2012 attendees about this year's fintech trends.
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.
 Mass High Tech reported yesterday that currency trading platform, Currensee, added $2 million to its last financing round:
"The Series C financing started in April 2011 with $4 million from North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital LP. The new tranche of the round, according to documents filed with the U.S. Securities and Exchange Commission, saw the number of investors climb from four to five, although they are not named."
This new addition brings Currensee's total funding to $14.8 million.
American Banker reports PayPal tests its POS system at Office Depot.
- LBi integrates Service2Media platform for clients including Coca-Cola, & Sony. Come see Service2Media demo live at FinovateEurope on February 7.
- Small Business Trends examines the pros and cons of financing a startup using Prosper, Lending Club, or Lendio.
- Ping Identity launches blog called Identity Matters. Come see Ping Identity at FinovateEurope Feb. 7 in London.
- FiPath announces campaign to encourage Generation X to save for retirement.
- Currensee receives additional $2 million in series C financing.
- Finovate interviews David Barrett, CEO of Expensify http://bit.ly/zVZzD9
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.
 Last week, currency trading platform Currensee announced the launch of its Trade Leaders Investment Program for institutional clients: "The new service enables hedge funds, money managers, family offices and other asset gatherers to tap into the USD4 trillion daily Forex market by leveraging the elite Currensee network of Trade Leaders."
It also instituted the Currency Risk Management Control Center to assist investors with controlling risk. To learn more about Currensee, watch its FinovateSpring 2011 demo.
 - BrightScope plans to tweak its blog & redesign its homepage.
- SimpliFi wins four Achievement in Marketing awards from Columbus chapter of American Marketing Association.
- New York Shop Exchange interviews Brock Blake, Lendio CEO, about small business loans.
- MyBankTracker looks at Yodlee's FinApps and the evolution of Mobile Banking.
- Fifth Third Bank launches mobile banking apps powered by Clairmail.
- TechCrunch reports Braintree receives investment from Capital One co-founder, Nigel Morris.
- Currensee launches Trade Leaders Program for institutional clients.
- TechCrunch explores the differences between Mint.com and HelloWallet's mobile apps.
- Family blogger Darcy shares five of DoughMain's features.
- Xero doubles its customer numbers, gains traction overseas.
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.
South Florida Business Journal covers Weemba's borrower-lender matching service.
- Deutsche Well World profiles eToro and also highlights Currensee and Zecco.
- Expensify launches a lite version of its iPhone app.
- RobotDough announces its Portfolio Monitoring Tool & discusses its FinovateFall experience.
- NBC 12 in Virginia reports InComm named Leading Prepaid Organization and Best Prepaid Product Distributor at 2011 Prepaid Awards.
- FierceFinanceIT looks at how Zecco and TradeKing are using social media.
- On Deck Capital reviews its experience at BAI.
- Fox Business News looks at PayNearMe's quest to assist consumers without credit cards.
- HelloWallet launches feature that allows users to manually add transactions.
- Spectrem's Millionaire Corner blog profiles Bills.com.
- Pageonce launches Mobile Bill Pay Service that allows consumers to "Tap to Pay."
- American Banker on how four Finovate alums unwrap the payments genome.
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.
Currensee, a Boston-based startup that provides an online trading platform for world  currencies, recently launched its Trade Leaders program in China. The Trade Leaders program allows investors of all ability levels to automatically copy the currency trades of the highest-performing investors on Currensee's platform. As part of this expansion, the company is launching a dedicated website to serve the Chinese market -- www.currensee.hk.
Why is Currensee expanding to China? - It's a huge potential market: China has 450 million Internet users and it is the second largest economy in the world.
- Investing is increasingly popular: Retail currency trading in China has grown 112% in the last 3 years to almost $20 billion in trading volume per day.
- Currensee's performance is beating the Chinese stock market: From January to June 2011, Trade Leaders delivered returns of 33.5%. Compare this to the Heng Seng Index's 2.94% return and the Shanghai Composite Index's 2.39% loss during the same time.
- Plus Currensee's Trade Leaders program already has a foothold there: Three of Currensee's 15 Trade Leaders are from China.
Currensee's Profile - Founded: 2008 (Its Trade Leaders Program began in fall 2010)
- Located: Boston, MA
- Total Funding: $16.8 million from North Bridge Venture Partners, Egan-Managed Capital, and Vernon & Park Capital
- Assets Under Management: $12 million (50% is the result of existing customers increasing their investments)
More Info
Clairmail Clairmail chose Jigsaw's Data Cloud to help its mobile banking client improve marketing and receive more leads. During vendor trials it saw an increase in productivity, response rates, sales, and marketing effectiveness. Link
Clovr Media Boston Business Journal reported that Clovr Media is preparing for the launch of its credit  card-linked offers at the end of the fourth quarter by hiring 12 new staff members. Link
Confident Technologies Confident Technologies released a two-factor mobile phone authentication platform that requires the user to memorize images. Because this second factor security is not stored on the user's device, it mitigates the opportunity for Zeus-in-the-middle attacks. Link
Currensee The Forbes blog looks at Currensee for social foreign exchange investing, paying special attention to its rapid growth rate. Link
doxo The Entrepreneur blog compared doxo's document storage and online payment system to PayPal, citing that the cost to collect payment is less than half of a typical PayPal transaction. Link
Dynamics The Pittsburgh Business Times interviewed Jeff Mullen, CEO of Dynamics, Inc on the naming of the company. Link
eToro - The Forbes blog looked at eToro for social foreign exchange investing, paying special attention to its rapid growth rate. Link
 - The World Finance Awards selected eToro as Best Social Trading Network, Best Mobile Trading Platform, and Best Trading Software Provider. Link
Geezeo Geezeo was selected by The Coca-Cola Family Credit Union to provide a PFM solution and integrated marketing platform. Link
Ideon Financial Solutions Ideon Financial Solutions was granted a patent for its Choice Savings technology, a system that allows financial institutions to provide their clients with a variety of customizable savings products. Link
Identity Theft 911 Identity Theft 911 partnered with Arabella Protection Insurance Company to offer commercial data breach services like preparedness and response. Link
Intuit TechCrunch reported that Intuit launched a QuickBooks mobile app for the Android that  allows small businesses to access their data from QuickBooks Pro, Online, and Premier. Link
Lending Club - American Consumer News provided a comparison guide for borrowers and lenders to Prosper's and Lending Club's services. The benefits included high rates of return and flexibility. Link
- Brian Wong's Database blog looked at what its like to invest in Lending Club. He presented his opinion on the usability of the service. Link
Metavante EverBank, a $7 billion Internet bank, announced that it is seeking to be an early adopter of Metavante's customer information management product, a product that was built from the Temenos Core Banking Platform, a result of the partnership formed in 2007. Link
mFoundry NEFCU added a mobile app for the Android, using mFoundry's technology to offer account balances, check history, transfers, and bill pay. This is in addition to its existing apps for Blackberry and the iPhone. Link
Micronotes 1st Advantage Federal Credit Union, a major Virginia credit union, announced that it will use  Micronotes' cross-sell engine, KulaX, to improve lead generation. Link
Prosper American Consumer News provided a comparison guide for borrowers and lenders to Prosper's and Lending Club's services. The benefits included high rates of return and flexibility. Link
Syphr Syphr was among 6 out of 90 fintech companies selected by the Fintech Innovation Lab who will present their innovations to Wall Street venture capitalists. Link
- BillFloat
- Bling Nation
- Boku
- Cardlytics
- ClairMail
- Expensify
- IDAnalytics
- Lending Club
- SecondMarket
- Wikinvest
- Wonga
- Yodlee
_________________________________________________________________________
In other Alumni News:
Aptys Solutions  Aptys Solutions announced that the ACH functionality in its PayLogics payment platform provides same-day settlement. Link
Balance Financial - Balance Financial launched Balance Certified Pro, a new software that is geared toward professionals. Link
- Balance Financial released an iPhone App. Link
BillGuard TechCrunch reported that BillGuard's "Anti-virus for Bills" is now completely free for users. Link
BrightScope CNNMoney's article, Simplify Your Retirement Savings, pointed to BrightScope to provide a clear understanding of retirement savings. Link
ChargeSmart ChargeSmart announced that its Bill Payments customers can now pay many of their utility bills with an American Express card. Link
Continuity Control Continuity Control raised $1.1 million in financing from convertible promissory notes and warrants. Link
Cortera  The Miami Herald reported that Cortera's Risk Data and Reporting is now an SAP-endorsed business solution. Link
Cortal Consors Institutional Investor ranked Oliver Le Grand, CEO of Cortal Consors, number 13 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link
Credit Karma Credit Karma's new feature, Credit Alerts is available for free to the first 200 people to click the link. Link
Credit Sesame The Hands On Home Buyer blog recommended Credit Sesame for its interactive property taxes tool. Link
Currensee The Business Insider reported that Currensee plans to launch its Trade Leaders program in China. Link
Dwolla - The E-News publication, Business Record, commented on Dwolla's positive impact on Iowa's startup culture. Link
- Financial Plus Credit Union adopted Dwolla's FiSync integration. Link
Dynamics Dynamics revealed its angel investors in Series A and Series B funding rounds. Link
Guardian Analytics - American Banker reported that Guardian Analytics is planning to launch an outsourced fraud prevention service that will help financial institutions meet new FFIEC guidelines. Link
- Guardian Analytics introduced its FraudDESK service to provide fraud analytics support to financial institutions. Link
- Guardian Analytics is hosting a free webinar on Tuesday that will explore FFIEC guidance. Link
iPay Technologies iPay Technologies helped Generations Community Federal Credit Union increase bill pay adoption and its number of transactions. Link
Lending Club - San Francisco ABC News Channel 7 explained the benefits of P2P loans from Lending Club. Link
- Finextra news blog discussed Lending Club's success. Link
- American Banker reported that, in June, Lending Club saw an increase of 7% in loans originated that totaled a record $20 million. Link
Lodo Software The Silicon Prairie News reported that Lodo Software is seeking to raise $5 million in a round of Series D funding. Link
mFoundry Columbia Credit Union announced that it deployed mFoundry's mBanking, a mobile banking platform. Link
Mitek  MSN Money reported that Mitek Systems began a NASDAQ market listing on July 14th, and is trading under the symbol MITK. Link
Monitise - CNBC reported that Monitise's ReliaCard will be offered to U.S. Bank's Visa cardholders in some states. Link
- Monitise, US Bank, and FIS announced that they are planning to offer a mobile app for Visa's ReliaCard users. Link
Prosper - San Francisco's ABC News Channel 7 explained the benefits of P2P loans from Prosper. Link
- Finextra news blog discussed Prosper's success with its P2P lending service. Link
Q2ebanking Q2ebanking's director of security solutions, Ward Howell, published an article detailing a Credit Union's perspective of the FFIEC guidelines in The Credit Union Times. Link
Receivables Exchange Institutional Investor ranked Justin Brownhill and Nicolas Perkin, Co-Founders of The Receivables Exchange, as number 42 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link
Standard Chartered Institutional Investor ranked Jan Verplancke, CIO of Standard Chartered, as number 37 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link
TILE Financial  Daily Finance interviewed Amy Butte, CEO of TILE Financial. Link
TradeKing TradeKing announced the public availability of its API. Link
Tyfone CoVantage Credit Union chose to implement Tyfone's mobile wallet solution. Link
Zopa - Zopa founder Giles Andrews was interviewed on BBC's The Bottom Line. Link
- Finextra news blog discussed Zopa's success as a P2P lending service. Link
ActivePath A top Brazilian card issuer implemented an ActivePath solution. Link
AlphaClone AlphaClone incorporated new sentiment scores into its stock view pages. Link
Bills.com Bills.com released the results from its Consumer Money Survey that gauges money attitudes and behaviors. Link
Blaze Mobile Blaze Mobile was awarded a patent for NFC on stickers. Link
BOKU BOKU released 1-Tap Mobile Billing for the Android and took it live in 56 countries. Link
Braintree Braintree received $34M in Series A funding from Accel. Link
Currensee  Reuters outlined the benefits of Currensee. Link
Credit Karma Credit Karma CEO Ken Lin advised consumers how they should deal with credit card offers. Link
doxo doxo won the Stevie Award for New Product of the Year for financial services in the 2011 American Business Awards. Link
Dwolla Dwolla said its Grid payment network is more secure than Visa and MasterCard's card networks. Link
Dynamics Dynamics raised $35M for computerized smartcards and payment systems. Link
eToro  Reuters outlined the benefits of eToro. Link
eWise gotoBilling, Inc. added eWise's Secure Vault Payments as another payment platform. Link
Expensify The Wall Street Journal listed Expensify as a must-have mobile tech tool for entrepreneurs. Link
Fiserv Fiserv entered into an agreement to acquire CashEdge for $465 million to advance its digital payments and channel strategies. Link
Guardian Analytics  Yahoo! Finance reported that Guardian Analytics' FraudMAP is helping financial institutions meet FFIEC guidelines. Link
HelloWallet HelloWallet was added to Mercer's Outsourcing business benefits administration. Link
Intuit Intuit purchased Mobile Money Ventures' web banking technology to augment its mobile banking capabilities. Link
Kony Solutions  The American Business Awards selected Kony Solutions as the Most Innovative Company of the Year. Link
Lendio The Launch blog highlighted Lendio. Link
Outright Outright rolled out a new report function allowing clients to view sales by state. Link
PayPal PayPal reached 100 million active users. Link
Profit Stars Profit Stars introduced its new Remote Deposit Anywhere solution. Link
Prosper - Former Lending Club director Joseph Toms joined Prosper as its Chief Investment Officer. Link
- The San Francisco Times reported on Prosper's growth. Link
Q2ebanking  Q2ebanking was noted as a service to help community financial institutions meet FFIEC Guidance. Link
SimpleTuition SimpleTuition expanded its student loan payment options by partnering with Discover Card. Link
SmartyPig SmartyPig was recommended by Mint.com as a way to save for impulse purchases. Link
TradeKing TradeKing implemented SunGard's MarketMap to deliver market data to its active trading platform. Link
UBank Mashable highlighted UBank's feedback forum. Link
Voice Commerce Voice Commerce launched a payment solution for the iPhone. Link
Wikinvest  PC mag reviewed Wikinvest's mobile app. Link
Xero Tech Day assessed Xero's Debtor Daddy service. Link
AlphaClone AlphaClone launched a new feature that measures sentiment. Link
BillFLO Taulia acquired BillFLO. Link
Bills.com  Bills.com shared money-saving strategies for recent college graduates. Link
BrightScope BrightScope was highlighted on the Tuscon NBC news channel series, "4 Your Money." Link
CashEdge Ally Bank began offering CashEdge's Popmoney service. Link
Continuity Control  LEVERAGE, the Service Corporation for the League of Southeastern Credit Unions, began offering Continuity Control's CreditUnion Assistant program. Link
CreditKarma Credit Karma introduced its Approval Odds service to help avoid being declined for a card. Link
Currensee Currensee reached $6 billion in trading volume and $12 million under management. Link
doxo The MakeUseOf blog reviewed doxo's online filing cabinet. Link
Dwolla - Dwolla CEO commented on the Bitcoin virtual currency debate, exchange, and hysteria. Link
- Dwolla's fees were compared to PayPal's. Link
- Silicon Prairie News discussed Dwolla CEO's comments on Bitcoin. Link
eWise eWise Payo's smartphone app won the Editor's Award for Consumer Focus at the 2011 Cards International Awards. Link
Expensify  - The Dallas News highlighted Expensify. Link
- Expensify was listed as one of 25 tools to help you manage spending by cmvlive.com Link
HelloWallet HelloWallet posted a short video series explaining its wealth-tracking service. Link
Jwaala  KEMBA Financial Credit Union implemented Jwaala's platform. Link
Lending Club - Lending Club is approaching its financial breakeven point. Link
- Reuters commented on Lending Club's P2P marketplace. Link
Lendio Lendio helped banks increase business loans by finding qualified borrowers. Link
Mortgagebot  Mortgagebot and Business Solutions extended their Tech Alliance to provide mortgage application solutions at preferred terms. Link
PayNearMe PayNearMe facilitated 7-Eleven's partnership with Greyhound for cash transactions. Link
Prosper Reuters commented on Prosper's P2P marketplace. Link
Receivables Exchange  The Receivables Exchange won 2011 "Management Team of the Year" at the Stevie Awards. Link
Strands Strands Personal Finance landed in the 2011 Red Herring Top 100 North America list. Link
TradeKing TradeKing announced its free webinar series on trading advice beginning July 12th. Link
Voice Commerce  Voice Commerce launched its CashFlows app. Link
Xero Getapp.com reviewed Xero's cloud-based software. Link
Andera - Andera launched FortiFI, a new fraud prevention system. Link
- Andera CEO Charlie Kroll discussed the release of FortiFI. Link
ChargeSmart - ChargeSmart launched ChargeSmart Direct to provide customers with additional access to support staff. Link
- Fox Business News highlighted ChargeSmart and PlasticJungle's gift card trading service as a way to make savings fun. Link
Check Point Software Technologies Check Point announced the 2012 version of ZoneAlarm. Link
Currensee  - Forex Crunch outlined the benefits of Currensee, describing its profitability as "significantly high". Link
- The Street highlighted Curensee as a startup that "rocks" the financial house. Link
doxo - Chicago Tribune discussed doxo's step toward a paperless society. Link
- TechCrunch & VentureBeat featured the launch of doxo's mobile app, a mobile digital filing cabinet. Link and Link
- Macworld took a closer look at doxo's new app. Link
Dwolla  - Dwolla released Grid, a feature that protects personal user information. Link
- The Street highlighted Dwolla as a startup that "rocks" the financial house. Link
- The Next Web interviewed Dwolla about its API. Link
Enloop StartUp Beat profiled Enloop. Link
eWise eWise raised $14 million in funding. Link
Expensify  CNNMoney named Expensify as one of five best apps for businesses. Link
FreeMonee CardTrak.com examined FreeMonee's gift network. Link
Ftrans Ftrans raised $650,000 in equity financing. Link
GoalMine GoalMine won The Core Underbanked Innovators Challenge at the 6th Annual Underbanked Financial Services Forum hosted by Core Innovation Capital. Link
Jemstep  Jemstep launched a new version of its service that features many improvements. Link
mFoundry The Washington Post reported that mFoundry's mobile deposit service is its most requested feature. Link
Mitek - Mitek Systems was granted 4 more patents for its mobile deposit feature. Link
- Bank Technology News discussed Mitek's new patents. Link
Monitise - Monitise launched its services in India. Link
- The Wall Street Journal covered Monitise's 5-year agreement with Visa. Link
- TechCrunch examined Monitise's recent deal with Visa. Link
Prosper Prosper raised $17.5 million in funding from investors. Link
RobotDough The Street highlighted RobotDough as a startup that "rocks" the financial house. Link
SecondMarket CNBC interviewed Barry Silbert, CEO of SecondMarket, regarding its role in IPOs. Link
Silver Tail Systems Silver Tail Systems raised $20M in a Series B funding round. Link
Striata Striata partnered with POCiT to enable bill payments. Link
Sybase Sybase was named the most successful database software vendor in China. Link
ThreatMetrix  ThreatMetrix collaborated with USA ePay to provide fraud prevention to online retailers. Link
TradeKing TradeKing partnered with CoolTrade for automatic stock trades. Link
UBank UBank voiced that it will change the banking industry by using the web and mobile technology. Link
Zopa  BBC's Radio 2 interviewed Zopa CEO Giles Andrews about P2P lending. Link
Betterment Medill Reports discussed the benefits of Betterment and Currensee, claiming that the social networking craze changes the way some people invest. Link
BrightScope BrightScope announced the top 10 treasury inflation protected securities funds in America's 401ks. Link
ChargeSmart  Fox News' Studio 10 reviewed ChargeSmart, PlasticJungle, and Bills.com and found a number of money saving tools and ideas. Link
Check Point Software Technologies Check Point Software Technologies won The Ten Best Web Support Sites of 2011 Award from The Association of Support Professionals for its exceptional web support design, implementation, and customer experience. Link
ClairMail ClairMail announced record customer expansion with a 300% year-over-year growth in users. Link
Corduro  The New York Times reported that Corduro's cloud platform challenges PayPal and Square's mobile payment services. Link
Credit Sesame The Wisdom Journal depicted Credit Sesame's services as more than just credit scores. Link
Currensee See Betterment above.
doxo - doxo explained how to use its online filing cabinet and "due date" alerts to help organize GroupOn, Living Social, and other daily deals. Link
- TheFinancialBrand.com discussed Oregon Federal Credit Union's use of doxo and discussed other usage ideas such as uploading a scan of your passport prior to travelling. Link
Dwolla - Credit Union Times listed Dwolla as a contender in the P2P payment space. Link
- Dwolla rallied community efforts to gather donations for the tornado-stricken town of Joplin by selling its t-shirts and accepting donations. Link
- Omaha World-Herald covered Dwolla's arrival into Nebraska. Link
Enloop  - About.com highlighted Enloop's business plan creation service. Link
- Forbes blog discussed "How Not to Fail" by using Enloop to assess the potential success of a business plan. Link
Geezeo Call Federal Credit Union, based in Richmond, VA, selected Geezeo for its PFM solution. Link
Guardian Analytics Guardian Analytics positioned by Gartner in the "Visionary" quadrant for web fraud detection. Link
HelloWallet  San Francisco Mayor Gavin Newsom urged residents to improve their money management by using HelloWallet. For every five subscriptions purchased, HelloWallet will give away one subscription to a family in need. Link
Hidden Levers Financial Advisor Blog discussed using Hidden Levers to build better portfolios, highlighting risk management and accuracy of the service. Link
Lending Club - Lending Club exceeded a quarter million dollars in cumulative loans and is offering cash bonuses. Link
- Wall Street Journal blog discussed growth of P2P Lending sites Prosper and Lending Club. Link
Lendio  Lendio raised $2 million in debt financing. Link
PayNearMe PayNearMe founder Danny Shader, in an interview with Vator News, revealed the service is used beyond the unbanked population, including teens who prefer to pay with cash and consumers who would like to keep their online transactions private. Link
Prosper See Lending Club above.
RobotDough  Dow Jones Financial reports that a UCLA professor backed RobotDough. Link
SecondMarket The Washington Business Journal discussed SecondMarket's recent popularity. Link
Sybase  Sybase launched the M-Commerce Guide, a publication for examining global market opportunities for mobile network operators, advisors, and FIs. Link
TradeKing TradeKing CIO Dan Raju discussed security issues that may arise with the NYSE cloud community, citing its security. Link
Tyfone Tyfone contracted with Star One Credit Union to use its NFC technology. Link
UBank  CEO of UBank examined security concerns and competitors during an interview with ZDNet. Link
|
|
|
 |
Watch Demos
Click above for video archives of all demos.
Twitter
See all Finovate tweets |