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 Tech Dirt looks at Narrative Science's role in algorithmically-generated journalism. Come See Narrative Science at FinovateSpring.
- Bdaily talks with Monitise EVP, Lisa Stanton, about mobile banking.
- Numerica Credit Union adopts BBC Easy's C&I Lending program.
- CU Times reports Fiserv's Spot Pay offers CUs a co-branded mobile payment platform and dongle.
- Forbes looks at the growth of edo, Cardlytics, and Cartera Commerce and how card-linked offers are better than daily deals.
- TechCruch reports OpenCoin has acquired SimpleHoney. See OpenCoin demo at FinovateSpring in May.
- ProfitStars launches BillSimple from iPaySolutions.
- TSYS to present at annual card forum and expo in April.
- IntelliResponse adds 155th customer, the company's first credit union.
- Convenience Store Decisions notes the growing role of mobile payment options such as PayPal and Flint Mobile.
- FIS, Open Solutions veteran Gary Daniel to join Allied Payment Network. Join them in San Francisco for FinovateSpring.
- Banking Technology looks at eWise, Pageonce, Mint.com, Kiboo, Holvi, & Moven as PFM resurgence examples.
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.
- Capital Access Network has provided SMBs access to more than $3 billion in working capital and facilitated 100k transactions since its inception.
- Online CV certification service Veritas Vitae enlists miiCard to help eliminate CV fraud.
- Forbes highlights BillGuard as 1 of 7 Tel Aviv-based startups.
- Finextra reports Yorkshire Building Society taps eWise for PFM service.
- Affinity Solutions to discuss brand loyalty, transaction-enabled marketing at Loyalty Expo 2013.
- ACI Worldwide assures that it will maintain roadmaps, commitments to ORCC customers in wake of acquisition.
- Bazaarvoice chooses Cohn & Wolfe as agency of record for North America.
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.
This post is a part of our live coverage of FinovateEurope 2013.
 Next, eWise brought its MyFin mobile banking solution to the stage:
"The eWise MyFin mobile banking application combines the most powerful elements of PFM, account aggregation, and eAuthentication into a single, integrated solution.
The groundbreaking functionality of the eWise MyFin application transforms the consumer's online banking into a simple, fast, and powerful experience that delivers unprecedented value to financial institutions through an integrated ROI engine."
Product Launch: November 2012
HQ: Redwood City, CA Founded: 2000
Presenting Alex Grinberg (Founder) and Mark Matthews (Managing Director)
 Bill Dwight, CEO of FamZoo, interviewed by Unlock Your Wealth Radio.
- TechCrunch reports BillGuard Teams Up With Lemon's Mobile Wallet, Will Alert Users To Fraudulent Charges.
- MyBankTracker reviews Betterment's gift registry feature.
- Tech in Asia describes why Striata caught its eye at FinovateAsia.
- Personal Loan Finder looks at SocietyOne.
- BetaKit reports ShopKeep adds employee time tracking feature to iPad POS system.
- SecureKey launches Online Authentication Service for Government of Canada.
- TechCrunch reports Lending Club Surpasses $1B In Personal Loans, Hits Profitability.
- PaySimple Launches ReceivablesPro Turnkey Private-Label Solution.
- Campaign Asia reports London-based Innovation Agency launches in Singapore.
- At FinovateAsia, Barclays announces the launch of PFM powered by Strands.
- SG Entrepreneurs covers Perfectsen's launch of The Hook at FinovateAsia.
- Des Moines Register covers Dwolla's MassPay.
- e27 lists 3 finance startups that caught their eye at FinovateAsia 2012.
- Pando Daily reports Bazaarvoice replaces its CEO and acquires Longboard Media.
- Finextra reports Authentify opens Japanese subsidiary.
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.
 Then, eWise launched MyFin:
"The eWise MyFin mobile banking application combines the most powerful elements of PFM, account aggregation, and eAuthentication into a single, integrated solution. The groundbreaking functionality of the eWise MyFin application transforms the consumer's online banking into a simple, fast, and powerful experience that delivers unprecedented value to Financial Institutions through an integrated ROI engine."
Product Launch: November 2012
HQ: Redwood City, CA Founded: September 2000 Finovate demo video: Demo videos will be posted next week
Introducing Alex Grinberg (EVP & Founder) and Lance Robinson (VP Asia Pacific)
- Forbes lists Expensify as 1 of 10 financial innovations that will make your life easier in 2012.
- Guardian Analytics releases Anomaly Detection Toolkit to help FIs address the expectations for layered security.
- Tax compliance monitoring service, Tax Guard, partners with ProfitStars.
- ValidSoft joins "Get Safe Online" to help consumers protect themselves. Watch its live demo at FinovateEurope.
- Regions Bank joins eWise's Secure Vault Payments network.
- Intel will use SecureKey's authentication technology on new Ultrabooks.
- PayPal partners with payment solution company ABJ 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.
 Yesterday, U.S. Bank announced that it implemented eWise's Secure Vault Payments (SVP) for Nebraska Online Child Support Payments, adding it to the SVP vendor list.
Here's how it works from an end-user perspective:
"With Secure Vault Payments, a non-custodial parent initiates the payment at the Child Support Center's website. The parent is automatically redirected to his or her bank's online banking platform to select the account to use for payment. The participating financial institution authenticates the payer and immediately withdraws funds from the payer's account and then transfers funds to the Child Support Center the next business day."
Nebraska Online Child Support Center reported that, within just a few hours of implementing SVP, the first payment using the technology was completed.
- Wired Magazine UK describes how miiCard is working to help prove online identities.
- Wall Street Journal's MarketWatch looks at how LearnVest seeks to shake up financial planning.
- Plastyc publishes a fee and feature comparison between its UPside Visa prepaid card and Suze Orman's The Approved Card.
- eWise's Secure Vault Payments adds Nebraska Online Child Support website to vendor list.
- ThreatMetrix acquires TrustDefender, expands Cybercrime Defender Platform.
- Outright releases a widget to help those filing a 1099-K escape possible IRS audits.
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.
To wrap up 2011, we've compiled a list of all of the funding Finovate alumni received over the course of the year.
The results were impressive:
- A total of 34 companies received funding, some more than once
- The companies collectively raised over $423 million dollars
- The months with the highest number of companies receiving funding were June August, both with 8 companies
- The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January -- $40.8 million raised by 3 companies February -- $10.3+ million raised by 3 companies
March -- $20.4 million raised by 4 companies
June -- $124.4 million raised by 8 companies
July -- $1.1 million raised by 1 company
August -- $103.4 million raised by 8 companies
September -- $33 million raised by 1 company October-- $22 million raised by 2 companies November -- $16.3+ million raised by 3 companies December -- $52.2 million raised by 5 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.
- FamilySearch now using eWise's Secure Vault Payments Technology.
- Business Insider recommends Credit Karma as a free way to learn your credit score.
- Netbanker: WV United FCU offering both Square and Dwolla payments.
- The Globe and Mail adds ticker content from StockTwits.
- Brightscope holds off on adding yelp-like investor reviews in order to add a Q&A section to the site.
- Wall Street Survivor launches affiliate program.
- Williams-Sonoma works with CashStar to provide e-gift cards.
- Lendio works with LegalZoom to bring legal resources to 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.
 eWise's Secure Vault Payments technology was featured in Bank Technology News last Friday. The electronic payment network began working with genealogical site FamilySearch to provide a payment platform that will allow it to collect donation payments on its website:
"When processing donations via Secure Vault, financial institutions authenticate the payer and provide FamilySearch with fast authorization. Minneapolis-based U.S. Bank, which is the first top-ten bank to offer Secure Vault, is sponsoring FamilySearch International into the Secure Vault network, a role similar to that of a merchant acquiring bank."
While there are no numbers on increased donations yet, there has been a reported increase in donor interest.
To learn more about eWise's platforms, watch its FinovateSpring 2011 demo.
- Read Write Web argues the mobile payments capital of the US is Des Moines, IA thanks to Dwolla.
- Fox Business News reports GoalMine seeks to level the investing field.
- PayPal updates its Android app with support for NFC payments.
- eWise hires Alexandre Gonthier, former Boku CTO, as new CEO.
- Lendio makes its business loan matching service free.
- Finextra reports Intuit partners with AT&T to take on Square in the emerging mobile card processing market.
- Xero updates its app: increases speed and improves UI.
- Business Insider lists Dwolla and Simple as 2 of 20 most innovative startups in tech.
- Billeo launches ShopSmart to bring consumers relevant discounts.
- Zecco hosts $500 sweepstakes.
- miiCard gives first 10,000 users free accounts for life.
- Netbanker: Top 10 Reasons Why BankSimple Dropped the Bank.
- Expensify creates four pricing plans.
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.
Yesterday, US Bank announced that it implemented eWise's Secure Vault Payments platform as a payment option for students at the University of Wisconsin-Stout who hold an account at US Bank or other Secure Vault Payment-enabled FI.
"With Secure Vault Payments, students or their parents initiate payments on a college or university web site and are automatically redirected to their own financial institution's online banking platform to select which account they wish to use for payment. They are then returned to the school's site, where they receive payment confirmation. Financial institutions authenticate the payer and immediately withdraw funds from the payer's account and transfer funds to the school's account the next business day."
The school has received positive feedback so far and is expecting the new payment platform to mitigate tuition payment-processing costs.
 formation of a partnership today.
"Through this partnership, the Secure Vault Payments solution has been integrated into Jwaala's Better Online Banking platform (BOB) allowing users to make payments to online merchants and billers through simple, secure and immediate ACH transactions."
This new payments solution will be available to members of Utah-based Mountain America Credit Union, who have been offering Jwaala's Better Online Banking Platform since May.
Bobber Interactive  Tech Flash interviewed Eric Eastman, Bobber Interactive's CEO, on how the gamification of money management aims to help Generation Y better manage their money. Link
BrightScope BrightScope released a report detailing the top 12 small-cap funds in America's 401k plans. This report is part of a series that provides insight into the top funds and managers in the retirement marketplace. Link
ChargeSmart Discover is offering an instant rebate to customers who pay their utility bills using a Discover Card on ChargeSmart's website. Link
Check Point Software Technologies - Check Point enhanced its Software Blade Architecture by releasing R75.20, a comprehensive approach to security that includes a URL filtering Software Blade, SSL inspection, and data loss prevention. Link
- The Wall Street Journal discussed Check Point's ZoneAlarm SocialGuard that helps parents protect children on Facebook in a non-intrusive manner. Link
Clairmail Clairmail announced record growth this quarter, with more than a 60% increase in bookings from last quarter. Link
Clovr Media  - BostInnovation stated that Clovr Media is changing the way consumers collect loyalty rewards through its Card-Linked Ads that allow consumers to access rewards by clicking on an advertisement. Link
- Mass High Tech's weekly Startup Watch listed Clovr Media as one of five startups to follow. Link
Credit.com EQuicknews listed Credit.com as a free way to check your credit score with no strings attached and highlighed the Credit Report Card feature. Link
doxo The Appvita blog profiled doxo, noting insider tips and practical uses, such as comparing bills on a month-to-month basis. Link
Dwolla Bank Technology News looked at the players in the mobile payments space and listed Dwolla as a formidable competitor. Link
EDO Interactive  EDO Interactive received $20 million in Series B funding to grow its Prewards platform that enables advertisers to offer digital deals and incentives that consumers redeem by using their existing credit, debit, or prepaid cards. Link
eToro eToro began a trading contest for users with both demo and live trading accounts. Traders who accumulate the greatest gains will win each round. Link
eWise eWise added Renasant Bank to its customer base, providing Renasant customers access to Secure Vault Payments, an alternative payment method. Link
Expensify - Expensify added a new feature that provides QuickBooks users a way to easily identify billable expenses to add to invoices. Link
- The Kitsap Peninsula Business Journal listed Expensify as one of ten business apps for empowering your inner geek. Link
Kony Solutions  Tower Group, in its Review of North American Consumer Mobile Banking Technology Vendors, ranked Kony Solutions among the top mobile banking technology vendors. Kony excelled in the feature/function and customization categories. Link
Lending Club TechCrunch highlighted Lending Club's announcement of $25 million in Series D financing from Union Square Ventures and other existing investors. Link
Lendio Lendio added Cardinal Bank to its network of lenders providing clients with more options in finding equipment loans, business lines of credit, acquisition financing, commercial real estate, SBA 7(a) and SBA 504 loans. Link
Mitek Systems Mitek Systems launched Mobile Imaging Cloud Service that captures, extracts, and routes information contained in documents. The service helps app developers create smartphone and tablet apps that use a camera input function. Link
Monitise Monitise Asia Pacific launched its mobile banking, payments, and commerce services in Indonesia and signed a joint venture agreement with PT Astra Graphia Information Technology, an information and communication business. Link
On Deck Capital  On Deck Capital raised $19 million of its own in a Series C round of funding. Link
RobotDough RobotDough founder, Wilton Risenhoover, revealed why he started RobotDough and how it works. Link
SafetyPay SafetyPay received a Payment Services Directive License to provide cross-border payments throughout Europe strengthening its position in that market. Link
SecondMarket BostInnovation used SecondMarket's alternative investments platform to discover top Boston companies. Link
Striata  Baton Rouge Water Company selected Striata, along with payment services company Western Union, to provide email billing with integrated electronic payment service. Link
The Receivables Exchange Treasury & Risk profiled The Receivables Exchange, describing the process companies use to sell their receivables on the online platform. Link
TradeKing TradeKing launched a $100 bonus for new customers who open an account by August 31, 2011. Link
Wonga Smarta interviewed Wonga director, John Moorwood, about Wonga's growth over the past 12 months. Wonga is now issuing over 1.5 million short-term loans. Link
Xero Xero released Xero Touch, its new accounting app for the iPad, iPhone, and iPod Touch. 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
AcceptEmail AcceptEmail partnered with WorldPay to launch an e-billing and online payment service. Link
Balance GeekWire interviewed Balance Financial CEO, Devin Miller. Link
BancVue BancVue executives won Ernst & Young Entrepreneur of the Year. Link
BankOns Examiner.com referred to BankOns as the new GroupOn. Link
BillShrink
BillShrink was featured in The New York Times. Link
BrightScope Forbes reported on BrightScope's list of exchange-traded funds held in America's 401k plans. Link
CheckFree
CheckFree expanded its functionality to support account-to-account and peer-to-peer transfers. Link
Clairmail joined the RSA Secured Partner Program to provide secure access to mobile banking. Link
doxo - doxo CEO explained paperless billing in a video interview, highlighting the mobile app. Link
- doxo was featured on the Top Productivity Apps website. Link
- Northwest Innovation reviewed doxo's mobile app. Link
Dwolla TechCrunch reported that Dwolla hit a milestone of $1M in transactions per week. Link
Enloop - Business News Daily interviewed Enloop CEO, Cynthia McCahon, about creating a "living business plan". Link
- Huffington Post spotlighted Enloop. Link
eRollover eRollover launched an online solution for financial advisors to grow practices. Link
eWise announced its partnership with Affirmative Technologies to speed the adoption of
alternative payment methods. Link
Kiboo Kiboo launched a public site called "Know Your Money". Link
Lending Club - Lending Club posted a video of their five-word acceptance speech at the Webby Awards. Link
- The Wall Street Journal noted Lending Club as leading the way in P2P lending. Link
- mFoundry helped Starbucks build an app for Android. Link
- mFoundry passed the 400 customer milestone. Link
Mitek Mitek's mobile check deposit was cited as the number one feature that would cause you to switch banks. Link
Monitise - ComputerWeekly discussed the survey Monitise conducted on mobile banking. Link
- Forbes discussed Monitises' deal with Visa. Link
peerTransfer - peerTransfer is hosting a free webinar on international student payment processing this Wednesday, June 22. Link
- peerTransfer won the Innovation Award from Massachusetts Innovation & Technology Exchange. Link
Prosper
- Prosper announced that it is giving away an iPad2 to new investors. Link
- The Wall Street Journal noted Prosper as leading the way in P2P lending. Link
SafetyPay SafetyPay was selected by BorderJump as its preferred payment solution for cross border transactions. Link
SmartyPig Fox Business News suggested using SmartyPig.com as a tool to help "pump up" savings. Link
Tagit Tagit helped Commonwealth Bank launch its first mobile app. Link
ThreatMetrix - ThreatMetrix announced its cloud-based fraud prevention platform. Link
- ThreatMetrix launched "ThreatMetrix Fraud Facts," a free downloadable report. Link
Tyfone - Tyfone was awarded an NFC over-the-air and over-the-wire seminal patent. Link
- American Banker reviewed Tyfone's mobile payment patent. Link
- NFC Rumors looked at how Tyfone uses SD cards to enable NFC transactions. Link
Have you ever cringed when entering credit card information into an online checkout form? Maybe you were wondering, "Who is on the other side of this transaction? Where is my information going? How do I know this is secure?" It can also be tedious keying in all of the information, especially on a mobile: credit card number, password, user name, and CVV code. Fortunately, there are solutions such as Secure Vault Payments (SVP) by eWise to help solve these problems.
 SVP launched in late 2009 as a new player in alternative payment solutions. It allows you to pay for goods and services directly through your online bank account. There are close to 50 banks (and counting) participating in SVP's service and with US Bank as a new partner in this service, the availability has increased dramatically.
How It Works - When checking out at a participating retailer, select the Secure Vault Payment option (see image) and choose your bank from the drop down list.
 - SVP will redirect you to your bank where you log in using your existing username and password.
- Select the account (i.e., savings, checking) from which you would like the money to be drawn and confirm the payment. You will then be redirected to your receipt on the retailer's page.
What's In It for Consumers? - No need to maintain an account with a third party:
Since SVP works with your existing bank (current clients are US Bank, First Citizens Bank, and many more*) there is no need to set up an account somewhere else. This also removes the headache of remembering an additional username and password. - Security you can trust:
Since the transaction takes place at your bank's website and not a third party, it removes the middleman and improves perceived security. - Familiar user interface:
You already know how to navigate your bank's website, so there's no need to learn a different interface.
What's In It for Banks? - Be a trusted advisor:
Being in the center of a transaction allows you to build rapport with clients. - Earn additional revenue:
Both the consumer's and the merchant's banks receive a fee for authenticating the user.
Another PayPal? While there are many similarities between the two, such as security, the ability to pay directly  from your bank account, and no merchant storage of account information, there are two major differences. - During a purchase, SVP directs you to your bank's website (see image on right).
- The bank controls the payment, stores the payment information, and handles dispute resolution.
SVP is innovating on a number of fronts including a mobile app that incorporates the use of quick response (QR) codes in a payment system. To see a demo of the QR code payment system in action, visit Finovate.com. It also has other capabilities, such as providing an on-demand donation platform for non-profits. For a more in-depth look at this and other features, check out its website.
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* Other Participating banks include: AFB&T, Bank of Coweta, Bank of North Georgia, Cambridge Trust Company (Cambridge, MA), CB and T Bank of East Alabama, CB and T Bank of Middle GA, Citizens First Bank (Rome, GA), Coastal Bank and Trust of Florida, Cohutta Banking Company, Columbus Bank and Trust, Commercial Bank (Thomasville, GA), Commercial Bank and, Trust Company (LaGrange, GA), Community Bank and Trust (Enterprise, AL), First Coast, Community Bank, First Commercial Bank (Birmingham, AL), First Commercial Bank of Huntsville, First Community Bank (Tifton, GA), First Bank of Jasper, First State Bank and Trust Company (Valdosta, GA), Georgia Bank and Trust, Savings Bank of Maine, SB&T Bank, Sea Island Bank, Sterling Bank (Montgomery, AL), Synovus Bank (St. Petersburg, FL), Synovus Bank of Jacksonville,, The Bank of Nashville, The Bank of Tuscaloosa, Coastal Bank and Trust (Mobile, AL), The Coastal, Bank of Georgia, NBSC, Tallahassee State Bank, Trust One Bank (Memphis, TN), United Western Bank (Denver, CO)
This week, three Finovate alumni reached significant funding milestones.
New round $14 million Series B from Wellington Partners, Balderton Capital, TTV Capital, and Patagorang
Funding History $12.1 million Series A in July 2010
Previous Investors Balderton Capital, Stanley S. Shuman of Allen & Co., and Total Technology Ventures
Profile Market Position: Online Payments and Personal Financial Management Founded: 1999 Locations: Denver, London, Australia, and China Description eWise creates payment and financial management solutions for financial institutions including: - eWise Pay By Account
- eWise Pay Anyone
- eWise Account Aggregation
- eWise Personal Financial Manager
- eWise eAuthentication
For more information on eWise's innovations, see their FinovateEurope 2011 and FinovateSpring 2011 demos.
New Round $17.2 million from Draper Fisher Jurvetson, Crosslink Capital, Accel Partners, CompuCredit, Omidyar Network, Eric Schmidt's TomorrowVentures and Volition Capital
Funding History $7.5 million Series A in April 2005 $12.5 million Series B in February 2006 $20 million Series C in June 2007 $14.5 million Series D in April 2010
Previous Investors Accel Partners, Benchmark Capital, DAG Ventures, Eric Schmidt Fidelity Ventures, Meritech Capital Partners, Omidyar Network, QED Investors, and TomorrowVentures
Profile Market Position: Peer-to-peer Lending Founded: 2006 Location: San Francisco, CA
Description Prosper, a peer-to-peer lending site with over one million members, has funded $236 million in personal loans. To see Prosper in action, check out their FinovateStartup 2007, FinovateStartup 2008, and FinovateStartup 2009 demos.
New Round $20 million Series B funding from Andreessen Horowitz, Leapfrog Ventures, Seraph Group, and Startup Capital Ventures
Funding History $2.1 million Series A in September 2008
Previous Investors Leapfrog Ventures, Seraph Group, Startup Capital Ventures
Profile Market Position: Security Founded: 2008 Location: Palo Alto, CA
Description Silver Tail Systems' products detect online and mobile fraud, help investigate possible attacks, and prevent future attacks. To learn more about Silver Tail Systems' innovative fraud detection, check out their FinovateStartup 2009, Finovate 2009, FinovateSpring 2010, FinovateFall 2010, FinovateEurope 2011, and FinovateSpring 2011 demos.
To see our Alumni companies' updates in real time, follow us on Twitter.
Southwest Louisiana Credit Union joins Kasasa with fun and games on April Fools' Day. SLCU has served the Lake Charles, LA, region since 1952. http://bit.ly/finovate45111
To view our alumni news updates in real time, follow us on Twitter.
Bill Harris and Mark Goines join the Pageonce Advisory Board. Harris was formerly CEO of Intuit and of PayPal, and Goines was formerly a senior executive at Intuit and Charles Schwab. http://prn.to/finovate322111
Bill.com named to the JMP Securities "Hot 100." The list includes the 100 best privately held software companies for 2011 according to the investment bank. http://bit.ly/finovate38113
BillShrink adds Anil Arora, Yodlee president and CEO, to its board of directors. The announcement comes just after the launch of "Statement Rewards" from BillShrink. http://bit.ly/finovate322112
Boku moves from virtual-goods billing to real-goods billing in Germany. Now real goods can be added to wireless bills thanks to Boku's technology. http://bit.ly/finovate324112
eToro launches "Trade Story." This social platform helps traders learn the strategies behind other users' trades. http://bit.ly/hQNDGc
To see our alumni news feed in real time, visit us on Twitter.
eToro completes $8.3 million funding round led by Spark Capital. eToro has 1.5 million users in 130 countries worldwide. http://bit.ly/f1G99d
Striata adds Iconix Truemark sender recognition technology to electronic communications. The system adds branded visual identity to help identify genuine emails from financial institutions. http://bit.ly/finovate34116
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