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The Oakland Tribune's Inside Bay Area profiles OneID founder and CTO Steve Kirsch.
- EZBOB adds variable lengths, longer periods, lower interest, and loyalty discounts on its loans.
- Realty Mogul co-founder and CEO Jilliene Helman talks crowdfunding and real estate investing.
- MicroStrategy business intelligence solution, MicroStrategy Express named a finalist at 2013 American Business Awards.
- Newfination interviews Jilliene Helman, co-founder and CEO of Realty Mogul.
- SF Gate blog looks at Personal Capital, Wealthfront, and FutureAdvisor.
- Newfination interviews Kristoffer Lawson, Holvi CEO, on replacing your bank with Holvi.
- Mortgagebot launches MortgageMarvel site to help consumers shop for mortgages.
- CNET interviews Lending Club CEO Renaud Laplanche on recent funding and future growth.
- Bloomberg BusinessWeek takes a look at the business of Google Wallet.
- Intellaegis's masterQueue technology helps catch wanted fugitive.
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.
IDology launches photo ID scan & validation solution.
- Aseanstartup reports: Big data becomes agile and beautiful with BellaDati.
- BBC News features Nick Hungerford, Nutmeg CEO.
- BusinessDating.com adds miiCard ID proofing for members.
- ShopKeep POS iPad point of sale wins Red Herring Top 100 North America Award.
- The WSJ features Personal Capital features Personal Capital and Jemstep.
- The Economist looks at P2P lending through the eyes of Lending Club and Prosper.
- peerTransfer adds 22 new payment methods from China and India.
- Consumer Reports' Money Minute takes a look at EyeVerify in a report on smart phone banking security.
- ayondo offers spread betting for UK and Irish customers.
- Four Finovate alumni featured in OBR crowdfunding report.
- Founder and managing director of Mozo, Rohan Gamble interviewed by The CEO Magazine.
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.
- Cardlytics granted patent to deliver targeted marketing offers through its network of nearly 400 banks.
- PYMNTS.com interviews SumUp's managing director, Stefan Jeschonnek regarding Groupon and Amex's recent investment.
- Talkapolis interviews iQuantifi founder & CEO Tom White.
- World's largest online shoe company deploys Taulia's cloud-based solution.
- UK-based Nutmeg appoints Lee Cowles as its new managing director.
- Lending Club expands offices in San Francisco.
- TSYS signs long-term, consumer credit card payment processing agreement with KeyBank.
- ACI Worldwide to provide online banking, bill pay, and mobile banking 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.
PaymentsSource talks with Noam Inbar, VP for product development for Zooz.
- OneID takes a look at the "security theater" of Twitter's two-factor authentication.
- TSYS renews payment processing arrangement with Nationwide Building Society.
- Pizza Marketplace interviews Leaf director of sales Alex MacKenzie on mobile marketing.
- MIT Technology Review features OpenCoin.
- Waspit to release new UX & mobile Apps in August to coincide with the new academic year.
- TIO Networks partners with the State of Washington Department of Social and Health Services and payment processor Paymentus to help customers make child support payments.
- Virtual Piggy partners with ClickandBuy to Increase Customer Signups, Conversions, and Sales.
- Mitek receives patent for signature verification and fraud detection.
- Christian Lanng, TradeShift CEO, takes on the position of Chairman alongside the responsibilities of CEO.
- CU Times highlights Moven, Micronotes, GoBank, Refundo, AuthenticID, MoneyDesktop, Mint, FIS, Escardgo, and GoNow as noteworthy demos at FinovateSpring 2013.
- Silicon Prairie News features Banno and EyeVerify demos at FinovateSpring.
- Check (formerly Pageonce) and Lending Club are among the emerging financial services companies highlighted in Mary Meeker's Internet Trends report.
- SaveUp helps credit union members save more than $400 million.
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.
 Google and Foundation Capital made a $125 million investment in online P2P lending platform, Lending Club at a valuation of $1.6 billion. Google executive David Lawee now sits as an observer on the Lending Club board.  The $125 million was used entirely to buy out existing investors, who sold 15% to 20% of their shares. No net new funds were added. Lending Club CEO Renaud Laplanche confirmed that Lending Club is readying for an IPO in 2014. Lending Club demoed at Finovate three times, most recently at Finovate Startup 2009. Check out Finovate's 2012 CEO interview with Laplanche here.
 - RIA Biz takes a look at BrightScope's plan to make advisory fees public.
- DietBet.com crowdfunds more than $300,000 via SeedInvest. Join SeedInvest in San Francisco for FinovateSpring in May.
- Finovate alumni make a strong showing in GoodApril co-founder's list of tax preparation innovation. Meet GoodApril at FinovateSpring.
- VentureBeat features Ripple developer OpenCoin. See OpenCoin in action at FinovateSpring in May.
- DroidBeans reviews Pageonce for Android.
- Puget Sound Business Journal highlights the role of Realty Mogul in a local real estate deal. Join Realty Mogul at FinovateSpring.
- PayPal buys Iron Pearl, a startup that helps companies make their products more attractive to customers.
- Reuters looks at a case study of how FutureAdvisor is used to save for retirement.
- PYMNTS looks at Kabbage's "secret weapon"
- New York Times Business Day interviews Sabrina Parsons, Palo Alto Software CEO. Come to FinovateSpring to watch it demo LivePlan.
- Channelnomics reports: Check Point Launch Makes Small Branch Foray.
- Dwolla takes top honors at Prometheus Awards in Des Moines.
- Massolution's Crowdfunding Industry Report places Lending Club and Prosper as leaders in the industry.
- American Banker considers On Deck Capital's growth.
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.
 PYMNTS.com, a website owned by Business Wire and Market Platform Dynamics, recently published the winners of the 2013 Innovator Awards. Three Finovate alums were selected as overall Best in Show winners: First place: Pangea Payments- Innovation: A new way to send money anywhere, at a flat fee, instantly, leveraging the prepaid rails.
- Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
- Description: Combining mobile payments with social media channels to empower and inform the user in everyday purchases.
- Finovate demo: FinovateFall 2012
- Description: Small business payments solution
- Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
In addition, five Finovate alums took home Gold awards, five won Silver awards, and seven were awarded in the Bronze category. Here is a summary of all of the winners: Gold - Category: Most innovative
- Innovation: PayPal POS Initiatives that leverage its worldwide digital wallet accountholder base.
- Finovate demo: FinovateEurope 2012
- Category: Best credit
- Innovation: The consumer's advocate for demystifying credit with a range of tools and information resources to help them monitor and manage their financial health.
- Finovate demo: FinovateStartup 2009
- Category: Best B2B innovation
- Innovation: Online working capital for small businesses.
- Finovate demo: FinovateEurope 2013
- Category: Best SMB innovation
- Innovation: Small business payment platform integrated with Quickbooks.
- Finovate demo: Finovate 2009
- Category: Best innovation via ACH
- Innovation: Cash flow management, accounts payable/ receivable management platform
- Finovate demo: FinovateSpring 2011
Silver - Category: Most invisible
- Innovation: Platform-as-a-Service that powers POS 2.0 commerce solutions.
- Finovate demo: FinovateSpring 2012
- Category: Best credit
- Innovation: Offers consumers "more time to pay" their bills on time to help avoid late fees, overdraft charges, service termination and high cost loans.
- Finovate demo: FinovateSpring 2011
- Category: Best cash
- Innovation: Enables consumers to shop online and pay with cash easily for a wide range of goods.
- Finovate demo: FinovateSpring 2011
- Category: Best SMB innovation
- Innovation: Cloud-based, small business platform that integrates invoicing and payment acceptance in one system.
- Finovate demo: FinovateSpring 2012
- Category: Best comeback
- Innovation: Alternative business financing that helps businesses tap into the capital it needs to run the business.
- Finovate demo: FinovateEurope 2011
Bronze - Category: Most disruptive
- Innovation: Mobile checkout service that enables one touch payments across multiple applications.
- Finovate demo: FinovateSpring 2011
- Category: Best technology
- Innovation: OneID lets people sign in without usernames and passwords, yet delivers authentication solutions with non-repudiation, keeping both people and businesses safe from today's biggest identity and personal information threats.
- Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
- Category: Best newcomer
- Innovation: Aggregates financial account information and allows users to manage their money in one place, online or with a mobile device.
- Finovate demo: FinovateSpring 2012
- Category: Best credit
- Innovation: Brings together investors with creditworthy borrowers to reduce the cost and complexity of traditional lending.
- Finovate demo: Finovate Startup 2009
- Category: Best debit
- Innovation: Reinventing personal banking with modern online and mobile experiences, no surprise fees, and great customer service.
- Finovate demo: FinovateFall 2011
- Category: Best prepaid
- Innovation: A new way to send money anywhere, at a flat fee, instantly, leveraging the prepaid rails.
- Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
- Category: Best check
- Innovation: Mitek's patented mobile imaging technology allows users to remotely deposit checks from anywhere, at anytime by snapping a picture with their camera-equipped smartphone or tablet, and has become the "gold standard" for mobile check deposit.
- Finovate demo: FinovateSpring 2012
 - Acculynk to provide UnionPay International UPOP authentication service via PaySecure.
- GMC Software Technology's GMC Inspire now available as a complete solution with Xerox devices.
- Klarna AB wins SEK 150 million contract with EVRY.
- Finextra reports East River FCU & Ishpeming Community FCU to integrate Geezeo's PFM product.
- International Business News reports Aditi Technologies and TIBCO Software announce strategic alliance to bolster enterprise social and e-commerce solutions.
- Lend Academy reports: Lending Club adds monthly income and loan ID filters.
- American Banker reports: Harleysville Savings chooses Q2ebanking's online banking platform.
- TIO Networks surpasses 1 million transactions across all TIO Wallet members.
- BankersLab launches Collections Edition of its Bank-it mobile game.
- Bell State Bank deploys Fiserv's mobile banking system.
- Banking Technology looks at Kiboo's participation in London's fintech Innovation Lab.
- Wilson Bank & Trust introduces MoneyDesktop to members.
- TIBCO Software acquires Maporama Solutions.
- P2P lending comes to real estate courtesy of Realty Mogul.
- Small Business Computing takes a look at Flint's pursuit of "highly mobile small businesses."
- Retail Touch Points features Jingit and a conversation on the importance of in-store marketing ROI.
- Bank Crerdit News talks compliance with Fenergo CEO Marc Murphy.
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.
TransferWise 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.
Fenergo releases enhanced compliance and customer onboarding support solution for FIs.
- FIS announces seven-year agreement with FirstBank Puerto Rico for outsourcing services.
- Fortnoff Financial reviews TradeKing.
- The Valley Girl Show interviews Locaid CEO, Rip Gerber.
- Creative Huddle takes a look at TransferWise as a disruptive force in banking.
- BillGuard launches early, limited MVP testing version of iPhone app.
- Expensify bolsters SalesForce integration by supporting FinancialForce.
- American Banker reports Backbase launches Portal 5.4, enhancing digital marketing to include better targeting & more.
- Cortera launches Cortera Lookalikes to seek out new customers that look and act like a company's existing customer base.
- rPlan launches "rplan University", an online course to provide crucial education on investing.
- ID Analytics launches ID Network Attributes, targeted consumer behavior insights that provide visibility into identity or transaction risk.
- Lend Academy reports LendingClub loans being snatched up quickly (within hours).
- PaySimple partners with CheckAlt to provide suite of payments and receivables tools to SMBs.
- Validata to provide test case content for Temenos T24 German Banking Suite.
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.
- Mistral Mobile announces partnership with Alaric.
- GMC Software Technology reports user community growth of more than 700% since inception.
- Opportunity International expands partnership with Temenos.
- Communication Federal Credit Union rolls out Tyfone mobile banking tech.
- CNBC features Renaud Lamplache, Lending Club CEO Renaud Laplanche.
- BostInno features Cartera Commerce on what innovation means to them.
- SC Magazine readers select Check Point for best enterprise firewall and best IPS solution in 2013.
- QuantConnect partners with Battle-Fin.com in $20 million seed-capital trading tournament.
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.
- American Banker reports: Union Bank signs up for Fiserv's Bill Pay.
- Bolstr featured on MSNBC's Your Business.
- Backbase gives a glimpse of the Digital Marketing Module it showed at FinovateEurope.
- Triple Pundit looks at how the SEC is holding SoMoLend and other debt/equity crowdfunding platforms hostage.
- CIO lists Expensify as 1 of 3 apps to help at tax time.
- BellaDati releases updates to its platform.
- Med Gadget interviews Diversinet CEO, Dr. Hon Pak.
- Finextra reports Geezeo signs 1st United Services Credit Union.
- CashStar announces availability of tablet gifting.
- Android, iOS updates now provide card-to-card payments with Pageonce.
- Dough Roller blog names PocketSmith one of the best calendar-based personal finance apps.
- Continuity Control to partner with cbanc Network to provide regulatory briefing via RegAdvisor.
- Koolspan and DeviceFidelity team up to build TrustSleeve, bringing microSD-based voice encryption to the iPhone.
- Locaid and Life360 join forces to help parents stay in touch with their kids.
- The Financial Brand highlights 50 of the most spectacular website designs in banking: Simple (formerly BankSimple), Standard Chartered, Mint, & Moven. See Netbanker's take on the list here.
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.
 - Online Broker Review takes a look at the TradeKing iPhone app.
- Ayondo's investing and trading app TradeHub available on the iPhone.
- Entrepreneur interviews Candance Klein, CEO of SoMoLend.
- Brr Media interviews Kiboo founder and CEO Lisa Halpern.
- TechCrunch chats with Simple CEO and co-founder Josh Reich to find out why Simple is better than your bank.
- Lend Academy reports: Lending Club Issues $120 Million in New Loans in February.
- American Banker reports: Bank of Zachary Selects Andera's Account Opening System.
- Check Point positioned as leader for 16th consecutive year in 2013 Gartner Magic Quadrant for Enterprise Network Firewall.
- The WSJ reports: SecondMarket to Launch Student-Loan Securities Platform.
- Blippy for iPad available at the iTunes App store.
- Comarch announced as a sponsor of Loyalty Expo 2013 in Orlando, Florida.
- Prepaid Resources announces partnership with IDology.
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.
Metaforic's self-defending software immune system named the Gold winner by Info Security Products Guide's 2013 Global Excellence Awards.
- Worldwide Insure names Expensify the February Travel App of the Month.
- TIO Networks expands Services with First Data's Money Network Prepaid Services.
- Bloomberg Television interviews Klarna CEO Sebastian Siemiatkowski.
- CashStar co-founder, CEO David Stone to lead panel on mobile shopping and gifting at Prepaid Expo.
- AEGON Turkey insurance sales processes go mobile with Figlo tablet solution.
- Lending Club appoints former Visa President as Director.
- Apps from BBVA Compass, Pageonce, and Simple highlighted in American Banker's list of the top ten, most progressive mobile banking apps.
- My Money Blog reviews Jemstep Portfolio Manager.
- Co-founder and CEO of Birdback, Nicolai Watzenig named guest speaker at eDeal 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.
 According to Forbes, four of the 100 most promising companies in the United States right now aren't just fintech companies. They are Finovate alumni, as well.
Of the four, Lending Club is the highest rated, earning the number 12 spot in Forbes's "America's Most Promising Companies" roster. Also making the top 50 was Boku, with alumni On Deck Capital and Swipely helping round out the list.
Interestingly, Swipely CEO Angus Davis recently made a "most promising" list of his own. Davis was featured along with more than 20 of his peers in a profile of "America's Most Promising CEOs Under 35" also compiled by Forbes.
Here's a closer look at the alumni featured.
- Rank: 12
- Revenue: $16 million
- Employees: 125
- Demo video
- Rank: 38
- Revenue: $195 million
- Employees: 115
- Demo video
- Rank: 94
- Revenue: $37 million
- Employees: 152
- Demo video
- Rank: 95
- Revenue: $1 million
- Employees: 36
- Demo video
Market Watch's Jennifer Openshaw reviews the ReadyForZero user experience.
- Movenbank drops the "bank", changes name to Moven. Come see the launch of its new features at FinovateEurope February 12 and 13 in London.
- Kabbage appoints Simon Yoo, former co-head and managing director of Citigroup's FI Group, as CFO. Come see Kabbage's live demo at FinovateEurope.
- Lending Club opens low-interest, fixed-rate personal loan platform to Tennessee residents.
- Fuze Network guarantees no late fees for credit card payments made before noon CST on due date.
- True Office partners with Thomson Reuters to develop new, ramified compliance applications.
- Affinity Solutions raises more than $6 million in equity and convertible securities.
- InComm wins in 4 categories in seventh annual
Paybefore Awards.
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.
 SocietyOne, a FinovateAsia Best of Show winner, announced last week that it has reached $1 million in loan originations on its P2P lending platform, ClearMatch. The Australia-based startup launched the ClearMatch platform, which allows investors to bid together at different interest rates and amounts against a single loan, six months ago in August of 2012. In the six months since its launch: - Has originated over $1.1 million in loans
- Borrowers faced an average interest rate of 14.4%
- Investors earned average interest rate of 11.3% per annum
- Investors have received $15,600 in interest payments
The following graph charts the growth of the loan amount originated since its inception.  For comparison, SocietyOne charted the growth of LendingClub's originations over time.  Matt Symons, SocietyOne CEO, states that he plans to replicate the success of Lending Club in Australia. To check out SocietyOne's award-winning platform, watch its FinovateAsia 2012 demo.
- Silicon Valley Business Journal interviews BillFloat CEO and co-founder Ryan Gilbert.
- Commercial Bank of Qatar to deploy latest version of TSYS card and merchant management platform.
- TransferWise wins "Best Middleweight Startup" at The Europas. See them demo at FinovateEurope in February!
- Concur rolls out new datacenters in France and the Netherlands.
- Santander receives 2012 Banking Technology Award for Best Security Initiative for its SIM swapping solution, developed with ValidSoft.
- UK's KashFlow integrates with Tradeshift to enable SMBs who use its cloud-based accounting software.
- The Paypers reports: Geezeo enters 2 new partnerships.
- VatorNews considers what's next for Lending Club.
- Cachet Financial Solutions partners with Volunteer Corporate to provide mobile RDC to their 325 member CUs.
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.
Android Does takes a look at the latest update to Pageonce Money & Bills app.
- ACI Wordwide announces winners of its Excellence Award for 2013.
- Forbes considers Movenbank's view of online reputation. See Movenbank demo live at FinovateEurope February 12 and 13.
- The Des Moines Register takes an inside look at Ben Milne's thoughts on the future of Dwolla.
- SafetyPay announces record growth: Number of transactions in 2012 increased 149% over 2011, the dollar value of transactions increased by 88.5% in 2012 over 2011.
- BBVA announces mobile RDC for iPhone. Come see BBVA demo its new tech at FinovateEurope in London.
- Lending Club issues the 100,000th loan on its lending platform.
- Credit.com's "Credit Cards" app now available on Google Play.
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.
- Netbanker considers how Prosper, Zopa, and Lending Club have disrupted lending.
- American Banker reports on NICE Systems' launch of voice authentication technology. Watch its live demo at FinovateEurope Feb. 12 and 13.
- P2P Lending News: Zopa CEO talks to BBC Radio.
- BostInno talks with ImpulseSave CEO on how it can help with all kinds of New Year's resolutions.
- Equifax partners with DocuSign for easy e-sign and submission of Transcript of Tax Return form.
- Fiserv enhances TradeFlow, its post-trade processing solution. Come to FinovateEurope in London to see the live demo of its new technology.
- ZDNet looks at how miiCard is solving identity verification headaches.
- Digital Journal reports on EZBOB's battle with Amazon in the small business financing space. See them at FinovateEurope in February.
- Leadfusion collaborates with McCulluy Design Lab to get a new look.
- Happy birthday, TSYS! Company celebrates 30th anniversary on Friday.
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.
 - ACI Worldwide launches ACI Money Transfer System 5.0.
- Suncorp Bank chooses FIS to manage ATM and POS transactions
- 500Friends to integrate LoyaltyPlus platform with Bazaarvoice.
- Financial Edge Community CU partners with SaveUp.
- Mitek issued new patent for "Methods for Mobile Image Capture and Processing of Documents".
- The Financial Brand checks out the "Simple" way of banking.
- The New York Times looks at SoMoLend's take on crowdfunding, seeking out institutions to serve as lenders.
- New York Times looks at Enloop's hassle free business plan writing service.
- The Telegraph highlights TransferWise as a cost-saving option for overseas money transfers.
- Luxembourg's Nordea Bank picks Temenos to standardize IT infrastructure.
- GMC Software Technology helps Gala Bingo move to "third generation" bingo tickets.
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.
Compare Broker reviews the new mobile app from TradeKing.
- MyBankTracker reviews how BillGuard protects from unwanted charges.
- San Francisco Business Times reports: Giftly lets givers put 'heart' into gift cards.
- Capital Access Network relocates Headquarters to NYC, adds Scott Blum as CMO.
- Fiserv partners with TOPS Software to improve payment processing for property managers.
- The Washington Post looks at SoMoLend's community-focused lending.
- Forbes names Lending Club one of the top five fintech companies of 2012.
- Chicago donut chain "Glazed and Infused" now using ShopKeep POS software.
- Wired.co.uk names Holvi startup of the week.
- Credit Sesame unveils free credit monitoring 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.
As if the board of directors of Lending Club was not star-studded enough, the peer-to-peer lender recently announced that former Treasury Secretary Lawrence "Larry" Summers would be joining the team. In a statement accompanying the announcement, Summers noted that "rapid adoption of technology and innovation" that was creating opportunities for companies like Lending Club. Summers will join such notable as former Morgan Stanley CEO, John Mack, and legendary tech stock analyst, Mary Meeker. Lending Club is a San Francisco-based peer-to-peer consumer lender. The company recently surpassed $1 billion in total loans issued, and has doubled the volume of its monthly loans over the past eight months. As of December 2012, the average loan amount is $12,300. This comes even as Lending Club maintains fairly high standards. The typical Lending Club borrower has: - FICO score of more than 700
- 15% debt-to-income ratio (excluding mortgage)
- Personal income of more than $69,000
- 14 years of credit history
Watch Lending Club's Finovate demonstration here.
- Fiserv
launches mobile app for UChoose Rewards.
- Affinity Solutions brings "Big Data" capability to card-linked offers.
- StockTwits launches a new app for HootSuite.
- Business Insider looks at Expensify's team building trip overseas.
- HelloWallet launches financial wellness workforce assessment for employers.
- Des Moines Register considers Giftly's remote gift card giving app.
- American Banker reports Lawrence Summers, formerly one of President Obama's top economic advisors, joins Lending Club's board of directors.
- Tyfone is expanding into Latin America through a deal with Protege Sistemas of Brazil.
- Gesa Credit Union chooses Andera's oFlows platform.
- Reuters recommends visiting Betterment, Personal Capital, and LearnVest for year-end money advice.
- Bill.com launches new application platform powered by open APIs for third-party developers to integrate native apps with Bill.com's software.
- New miiCard DirectID Check allows SMBs & professionals to perform bank-level ID proofing online.
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.
- Manilla update means one app is all you need to manage expenses from bills to subscriptions.
- Just in time for the holidays TradeHero is now available at the Apple app store.
- Former Treasury Secretary Lawrence Summers to join Lending Club board of directors.
- CorFire announces strategic integration with PayPal.
- Speaking of PayPal, you can now fund your account with cash using PayPal's new "PayPal My Cash Card."
- Credit Sesame launches free credit-monitoring service.
- Wipro announces the launch of SmartOffers, in partnership with Intuition Intelligence.
- On Deck Capital adds American Express veteran to head marketing efforts.
- InComm launches the Paypal My Cash Card.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter Account.
VentureBeat talks with PayPal's Dan Schatt about its integration with Coinstar kiosks.
- Philly.com interviews VirtualPiggy CEO, Dr. Jo Webber.
- The Australian reports: Cloud computing firm Xero could give Reckon a run for its money.
- Union State Bank of Fargo chooses Andera's oFlows platform for online account opening and lending.
- Credit Union Journal reports KBR Heritage FCU To Offer Geezeo.
- AndKeepGoing.com reviews TradeKing.
- Renaud Laplanche, Lending Club CEO, hints at IPO.
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.
Finextra features Simple (formerly BankSimple).
- HID Global and BehavioSec join forces to add new layer of protection to fraud detection system.
- Entrepreneurial Finance Lab reflects on FinovateAsia.
- Personal Capital working with Pershing Advisor Solutions to make the sign-up process for investment clients even easier.
- Lending Club debuts low-interest, fixed-rate personal loan platform to Indiana residents.
- CashStar partners with Punchbowl to provide eGift-enabled digital greeting cards.
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.
International Adviser features The Currency Cloud.
- Time Magazine looks at P2P lending strategies with Prosper and Lending Club.
- ThreatMetrix Wins Bronze for the Enterprise Product of the Year in Best in Biz Awards 2012.
- Blackhawk Network reaches multiyear agreement with Facebook gifting app, Wrapp.
- Vestas Wind Systems signs with Tradeshift.
- Bazaarvoice appoints CFO Steven Collins to CEO.
- Acculynk announces First Data Corp Executive VP Mark Herrington to join Board of Directors.
- TechCrunch: Flint Mobile exits beta to take on Square with its camera-based mobile payment app.
- Portfolio Football re-brands, officially launches Sports Lever.
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.
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.
Zoo names baby monkey after Kasasa.
- Tradeshift announces interoperability agreement with OFS Portal.
- VentureBeat profiles BellaDati. Come see BellaDati demo at FinovateAsia.
- Deposit Accounts looks at Kasasa's checking rewards.
- Monitise teams up with eMerit Solutions to develop mobile payment opportunities for businesses.
- ProfitStars introduces Gladiator Advanced Malware Protection.
- miiCard opens API to First Global Trusted ID as a service platform.
- Lending Club to use Oracle ERP cloud service.
- VentureBeat reports Xero brings its accounting software to Android.
- PYMNTS News reports: Compass Plus helps Quipu achieve 100% service availability.
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.
Austin Business Journal profiles Bazaarvoice CEO, Brett Hurt.
- Lending Club announces updates and enhancements.
- Atlanta Business Chronicle reports Cardlytics to add over 100 jobs.
- CreditUnions.com looks at solutions demoed at FinovateFall earlier this month.
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.
JP Nicols, CEO of Clientific advisory firm, mentions Personal Capital, MoneyDesktop, and Actiance as 3 companies to watch at FinovateFall.
- Former E*TRADE General Counsel joins Lending Club as General Counsel and Chief Compliance Officer.
- SecureKey teams up with Dell for private cloud expansion.
- Safeway announces preparations for Blackhawk IPO. Come check out Blackhawk at FinovateFall.
- Acculynk announces acquisition of PayLeap Gateway & Merchant Services.
- Mootwin partners with Progress to build mobile apps.
- Sacramento's Fox40 interviews Priya Haji, SaveUp CEO.
- South Metro FCU offers members mobile deposits through Cachet Financial Services. Come see Cachet at FinovateFall.
- InComm announces minority investment by Warburg Pincus.
- Tradeshift selected by UK-based strategic outsourcing & energy corp to implement e-invoicing 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.
Fenergo launches new online FATCA Self-Certification Tool for W-8 and W-9 form collection.
- ABABanking Journal profiles Guardian Analytics.
- Geezeo signs Commonwealth and General.
- Bank of China (Hong Kong) and Monitise form partnership.
- Visible Banking interviews Matthias Kroener, Fidor Founder and CEO.
- Social Lending Network reports: Lending Club cracks $70 mil, Prosper has a down month.
- North Bay Business Journal lists mFoundry and Monitise as fast growing tech companies in 2012.
- American Banker reports Pacific Continental switches to Q2ebanking as business app provider.
- Tykoon and LearnVest host contest to help families get money smart.
- Leadfusion extends aid to financial institutions struggling to respond to the latest serious Java security threat.
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.
 Late last week online loan institution, E-Loan, made public that it has partnered with Credit Karma, Lending Club, and SimpleTuition after rebranding itself. Here's what the integrations look like on E-Loan's site: Credit Karma demoed at FinovateStartup 2009, Lending Club demoed at FinovateStartup 2009, and SimpleTution demoed at FinovateStartup 2008.
ThreatMetrix announces availability of the latest ThreatMetrix Cybercrime Defender Platform.
- Dashlane wins Two Awards for Innovation in Data Privacy and Personal Data at DataWeek. Come to FinovateFall to see Dashlane's demo.
- PaySimple appoints Sue Heilbronner as Chief Revenue Officer. See PaySimple's demo at FinvoateFall next month.
- Taulia provides e-invoicing & supplier self-service capabilities to a select group of suppliers for large enterprises, free of charge.
- Credit Union Times reports Geezeo reaches 100 clients.
- 2 Minute Finance interviews TASCET at FinovateSpring 2012.
- E-Loan partners with Credit Karma, Lending Club, and SimpleTuition.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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