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Draw up a list of the top fintech innovators of 2014. Got it? Now tell me how many of your top 50 companies are not just impressive companies in their respective fields, but Finovate alums, as well.

If you are global accounting and consulting group, KPMG, then the answer is "more than half."

Of the 50 companies recognized by KPMG in its 2014 review of top fintech innovators, 27 have demoed their technologies at Finovate conferences. And of that 27, 13 have won Best of Show at least once.

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The inaugural "50 Best Fintech Innovators" report is a joint venture between AWI Ventures KPMG Australia and the Financial Services Council (FSC). 

The companies chosen were selected based on four factors: total capital raised, rate of capital raising, degree of sub industry disruption, and "degree of product, service, customer experience and business model innovation." 

Writing in an introduction to the report, AWI Limited CEO Ben Heap explained why fundraising played such a prominent part of the selection process.

"These assessment criteria reflect the fact that venture capital invested is a relevant measure of innovation which in turn fuels enduring competitive advantage," he wrote. 

"Venture capitalists seek this enduring competitive advantage over and above everything else."

Here's a breakdown of Finovate alums in the list, in order of appearance, along with links to their most recent demo video. Boldface indicates Best of Show winner.

"Ones to Watch" 
See the full list of companies here.
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Small business lending innovator OnDeck became a publicly traded company today, raising $200 million in an offering that valued the company at $1.3 billion.

And like Lending Club, which launched its IPO last week, OnDeck saw its stock price above its anticipated range. Initially set for $16-18, shares of ONDK opened Wednesday morning on the New York Stock Exchange at $26.50 and traded as high as $28 by midday.

OnDeck_CNBCshot.jpg
OnDeck was founded in 2006 and specializes in providing loans to small businesses that are typically underserved by traditional lenders. What makes OnDeck unique is twofold: first, the company believes its proprietary methods do a better and faster job of identifying true creditworthiness than methods used historically by financial institutions. Second, OnDeck's lending capital comes from lines of credit secured from banks, as well as securization of its loan book.

We shared some interesting metrics on OnDeck in November when the company announced its IPO plans. Additionally, OnDeck's loan originations have grown at a compound AGR of 127% from 2011 to 2013, and the company has experienced year-over-year growth of 171% in the first nine months of 2014. OnDeck has originated more than $1.7 billion in loans since inception in 2007.

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Coming on the heels of the Lending Club IPO, OnDeck public debut is putting a spotlight on the variety of fintech innovation being brought to market. And while increased scrutiny from investors and analysts will present challenges, it will also provide an opportunity to stimulate greater attention, interest and investment in the industry.

Interviewed Wednesday morning on CNBC's "Squawk on the Street", OnDeck CEO Noah Breslow said, "It's a signature moment for financial technology. Public market investors have had no real way to invest in the disruption that's happening in banking. We think that both the Lending Club IPO and the OnDeck IPO represent in consumer and small business the two leaders in those respective markets."

Lead underwriters of the offering were Bank of America, Deutsche Bank, Jeffries, JP Morgan Chase, Merrill Lynch, and Morgan Stanley. Based in New York, OnDeck was last on the Finovate stage in 2012 for FinovateSpring where it demoed its OnDeck Connect technology. This fall, the company participated in the inaugural FinDEVr conference in San Francisco, presenting its lending APIs.

Alumni News-- December 8, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFifth Third Bank chooses FIS' C2P Open Payments Platform.
  • Azimo announces £1 instant money transfers to 15 countries in Latin America.
  • Mobile Payments Today takes a look at the mobile checkbook app from VerifyValid.
  • WePay picks Google Cloud Platform as its new hosting provider.
  • VentureBeat features Nymi as a physical password solution.
  •  TSYS recognized in The Civic 50, an initiative that recognizes companies for improving the quality of life in their communities.
  • OnDeck ranked 21 on Crain's NY Business Best Places to Work 2014.
  • Huffington Post interviews OnDeck's Andrea Gellert.
  • TD Ameritrade has the #1 trading app in the Apple app store.
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.

Alumni News-- November 18, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCoinbase to introduce bitcoin tip button to enable micropayment acceptance online.
  • Venmo users can now log in using both bank ID and Touch ID.
  • TechWeek Europe takes a look at Arxan Technologies' State of Mobile App Security report.
  • Malaysian Digest features Azimo in a discussion on the revolution in the money transfer industry.
  • Dough Roller interviews iQuantifi CEO and Co-Founder, Tom White.
  • Business News Daily quotes Igor Gonta, CEO of Market Prophit on the importance of having a social media strategy.
  • PostFinance AG's Monexio selects Mobino platform to help develop its own digital payment solutions.
  • SK Planet wins first prize at KPRA Awards 2014 for its filter program, Flitter.
  • Hiscox launches new digital insurance platform powered by Backbase CXP.
  • PayPal challenges Apple Pay with an app for the Pebble smartwatch.
  • The European Commission approves Tradeshift data format for government purchasing.
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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Alternative small business lender OnDeck has announced plans to raise $150 million in an initial public offering.

According to analysis from The Wall Street Journal, the IPO could value OnDeck at $1.5 billion. The Journal also suggested that the $150 million number for the IPO was likely a "placeholder amount" that will probably change. 

While the company understandably has few words to share about its impending IPO, OnDeck CEO Noah Breslow has said a number of interesting things about the future of his company and the small business community it serves. Asked about the future of the alternative lending industry over the next 10-20 years in an interview with NPR this summer, Breslow replied: "I think it loses the designation of alternative."

"I think just like today I buy a plane ticket online with Priceline.com. Maybe 20 years ago I would have talked to a travel agent. You know - we are going through that entire cycle. We're probably in year five of a 20-year journey in terms of lending."

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OnDeck reported more than $107 million in revenue in the first three quarters of 2014, and a net loss of $14.4 million. The revenue figure represents a year-over-year gain of 2.5x.

Here are a few key metrics to keep in mind:
  • OnDeck will trade on the New York Stock Exchange (NYSE) under the ticker symbol, ONDK
  • Lead underwriter is JP Morgan Stanley
  • Originated more than $1.7 billion in loans to 25,000 small businesses
  • Raised more than $170 million in venture capital funding, and more than $300 million in debt financing
  • Collected more than 4 million customer payments
  • Previous investors include:
    • RRE Ventures
    • Institutional Venture Partners
    • Village Ventures
    • SAP Ventures
    • First Round Capital
    • Google Ventures
    • Tiger Global
Also underwriting the IPO were Deutsche Bank Securities, Merrill Lynch, Morgan Stanley, and Pierce, Fenner & Smith.

OnDeck's IPO news comes just a few months after the IPO filing of peer-to-peer lender, Lending Club (another Finovate alum). This reflects both a continued strong investment pace in fintech innovators in general, as well as a particular passion for alternative lenders. OnDeck earned the investment dollars of a number of major fintech-savvy venture capitalist firms and individuals such as PayPal co-founder Peter Thiel and former American Express CEO, James Robinson.

What are people saying about the IPO? At places hardcore investment websites like Seeking Alpha, the questions are all about the sustainability of growth and the potential for profitability in the near-term. Over at Inc., Jeremy Quittner sees challenges and advantages for OnDeck as opposite sides of the same coin, considering the company's "balance sheet lender" business model as a "risk" and its capacity for generating significant income from interest a "reward."

OnDeck recently presented at FinDEVr San Francisco 2014, introducing its frictionless, extensible, and powerful API. The company announced its plan to partner with Worldpay in August, and reported in June that it's small business lending platform had a $3.4 billion, 22,000 job impact on the economy. In March, OnDeck raised $77 million in a round led by Tiger Capital. The New York-based company was founded in 2007 and was last on the Finovate stage for the spring 2012 show in San Francisco.

Alumni News-- November 13, 2014

  • Finovate-F-Logo.jpgKili acquires NFC microSD pioneer DeviceFidelity.
  • American Banker lists Currency Cloud, BioCatch, Linqto, VerifyValid, and Rippleshot as top 10 tech companies to watch.
  • Fintech in the fall: themes and company updates from CAN Capital, Encap Security, Fuze Network, Guardian Analytics, Larky, Ripple, and Xpenditure.
  • American Banker examines 2015 plans for FIS, Fiserv and Diebold.
  • Forbes looks at the success of RoboAdvisors: Betterment, Wealthfront, Personal Capital, and SigFig.
  • Forbes examines Kantox's P2P FX trading technology.
  • TSYS partners with FICO to deliver a marketing product for card issuers called TSYS Targeted Messaging.
  • Digital Insight enters reseller agreement with Guardian Analytics to deliver anomaly detection services to financial institutions.
  • Trulioo wins 2014 Canadian Technology Companies to watch award from Deloitte.
  • Huffington Post interviews Andrea Gellert, SVP Marketing at OnDeck.
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.

Alumni News-- October 24, 2014

  • Smarty Pig featured in Washington Post column on ways to save on holiday gift shopping.
  • Wealth Management.com talks with Motif Investing CEO Hardeep Walia on tech trends in the financial services industry.
  • TransferWise and CurrencyFair are highlighted in Forbes review of ways to save on foreign currency exchange.
  • Bob's Guide profiles cloud-based market data provider, Xignite.
  • Technology Tools for Today interviews Tom Nally, president of TD Ameritrade Institutional.
  • Pymnts interviews EVO Snap* CEO Peter Osberg about Apple Pay.
  • Fitsmallbusiness.com highlights OnDeck, PayPal, & other Finovate alums as small business lending innovators.
  • D3 Banking brings in $7 million, with $3 million more on the way.
  • ABA Banking Journal looks at Karrot, the automated online lending service demoed by Kabbage last month at FinovateFall 2014.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

This post is part of our live coverage of FinDEVr San Francisco 2014.

OnDeckLogo
OnDeck showed how its lending APIs help financial institutions lend to small businesses faster:

OnDeck Lending API's - Frictionless, Extensible, Powerful
The OnDeck Score evaluates thousands of data points - from cash flow to public records to social data - to more accurately and efficiently assess business health and deliver capital in as fast as 24 hours. 

Pamela Rice, OnDeck's SVP of Technology, is discussing how the OnDeck platform provides a critically needed mechanism for financial institutions and other business service providers to efficiently reach the Main Street small business market. 

The company has several APIs, which provide powerful, fully integrated lending capabilities to third party partners, thus allowing for instant pre-qualifications, pre-approvals and loan applications. Through a coding and product demo, Pamela will demonstrate how both developers and non-developers can interact with OnDeck's APIs in a UI sandbox and how to utilize our Salesforce app for frictionless plug-and-play integration. 
OnDeckHomepage
Presenter: Pamela Rice, VP Technology

About:
Launched in 2007, OnDeck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses to efficiently deliver capital to a market underserved by banks. Its proprietary technology - the OnDeck ScoreTM - enables small businesses to obtain affordable loans with a fraction of the time and effort that it takes through traditional channels. OnDeck's credit models look deeper into the health of businesses, focusing on overall business performance, rather than the owner's personal credit history. 

As a leading direct lender of small business loans, OnDeck has deployed more than $1 billion in capital nationwide.

Website: ondeck.com
Twitter: @ondeckcapital
FinDEVrLogo

FinDEVr begins in just over a week. To be a part of the first fintech event for developers, click here to get your tickets today.

Here is Part Two of our last look at the companies that will demo on Tuesday, September 30. In this installment, we meet:

Part Three is available here. If you missed our first installment, check out Part One here.

And don't forget to join the growing community of developers, software architects, and engineers on Bizzabo



CopSonicLogo_FinDEVr
CopSonic is a French company founded in 2013 specialized in the development and marketing of its sonic and ultrasonic authentication technology. The company is composed out of a strong team of researchers and engineers specialized in security, payment, sonic and ultrasonic authentication protocols. Recently, CopSonic joined the Microsoft Partner Network and became a member of the FIDO Alliance organization.

Keynote: Sonic and Ultrasonic Authentication Solution Working on All Mobile Phones
The CopSonic SDK allows contactless multi-factor authentication based on ultrasounds or sounds. This SDK is the first to introduce an "air gap" with encrypted analog information into the digital circuit. The security level thus achieved by CopSonic reaches current military security levels.

CopSonic is a universal solution working on all feature phones, smart phones, smart watches, tablets, computers, smart devices, internet of things, etc. as long as they are equipped with speakers and/or a microphone. It is operational on all standard GSM networks, on the intent or any other TCP-IP compatible network. The solution requires no change of Telco or of the existing hardware.

CopSonic enables e-commerce, financial and cybersecurity industries to propose a universal and secure solution for strong authentication to all of their customers worldwide. This authentication solution is an alternative to the use of online and/or offline passwords.

PhonicAccess and GateSonic are anti-phishing use cases of this highly secured technology. Also, for the first time, CopSonic enables the use of smart-bracelets as secure access key.



FinicityLogo_FinDEVr
Founded in 1999, Finicity is a privately held fintech industry pioneer. Leading the charge to the Evented Financial Web, Finicity enables fintech developers to build real-time apps through its RESTful Aggregation API and the Finicity API Platform.

Keynote: Aggregation Reloaded
Forged and hardened in consumer PFM over the past 13 years, Finicity is publicly launching its Financial Aggregation API service with unparalleled FI uptime, broad FI coverage, 24/7 developer support, and exciting new endpoint features that will elevate your UX.

Why it's great for developers:
  • 24/7 Pre and Post-deployment Agg Support
  • Improve your app UX with unparalleled FI Agg uptime
  • Come see the launch of the Evented Financial Web
The Finicity API Platform, RESTful Aggregation API and Developer Portal make it EASY to deploy financial apps into the Evented Financial Web ecosystem.



MifosLogo_FinDEVr
The Mifos Initiative is a 501(c)3 non-profit that guides the development of the Mifos X solution for financial inclusion, an API-driven open source platform with a suite of configurable cloud apps. Our community speeds the elimination of poverty by scaling financial services to the 2.5 billion unbanked.

Our platform is game-changing because we are mobilizing a global community, which is the only way to confront the massive problem we face. Our open source license and community driven approach is unlocking new collaboration and enabling new business models that will allow the financial inclusion sector to scale upward and outward. It enables small institutions to mature and large institutions to reach down cost-effectively in a manner that never could be possible before.

Keynote: Mifos X, Open Technology Platform Unlocking New Opportunities at the Base of the Pyramid
There is a massive opportunity to serve the 2.5B individuals who lack access to financial services. Discover how you can build and scale mobile and cloud-based solutions on top of the open Mifos X platform for financial inclusion, which is led by a global community & backed by Silicon Valley.

Mifos X is the world's only open source technology platform for financial inclusion. Built around an API-centric, cloud-based software architecture, the Mifos X Platform is a modern, connected core banking system for responsible financial services organizations bringing basic financial services to the poor globally.

Our innovative solution consists of a full suite of open technologies to scale the reach of financial inclusion to the 2.5B unbanked, encompassing an open source platform released under the Mozilla Public License 2.0, completely exposed through a full set of open APIs as well as a suite of cloud products and mobile apps on top of the platform. Whether you are an innovator looking to build a brand new fintech solution, an integrator looking to integrate or scale an existing product, a reseller looking to extend, implement, support, or host a feature-rich core banking system, or a financial institution looking for a solution out of the box, Mifos X has it covered.

Mifos X consists of 1) the platform (A RESTful back-end which talks to a MySQL database and is built on the Jersey/Spring/JPA stack) 2) the community app (AngularJS app that provides support for the most commonly used financial inclusion models) and 3) RESTful APIs from our platform accessing all the core underlying functionality to enable the community to quickly build their own enterprise grade financial inclusion products/apps on any technology stock.

Workshop: Building Apps for Financial Inclusion on the Mifos X Platform
In this hands-on session, you'll learn how to quickly build enterprise-grade financial inclusion solutions on top of Mifos X, an open-source cloud-based Java platform providing the common core banking functionality through a full set of RESTful APIs, an AngularJS web app and an Android client.

Why it's great for developers:
  • Market-Validated: 75 customers serving 2.5M clients
  • Open & Community-Driven: Open Source via MPL 2.0
  • Extensible: Complete platform - RESTful APIs on a modern tech stack
Mifos is the world's only fully open API-driven platform for financial inclusion providing a technology foundation to reach the 2.5 Billion unbanked at the Base of the Pyramid.



ModoLogo_FinDEVr
ModoPayments powers better buying experiences with better economics, created by YOU! Using our handcrafted API, any developer can build their own mobile app with the ability to perform in-store purchases at tens of thousands of store locations. Modo powers the payments and tech and you design the experience.

Keynote: How to Find Money & Love with Mobile Apps (maybe more money than love)
Learn about the best kept secret in payments platform APIs: Modo. Modo will show you in 6 minutes or less how to build a better buying experience that entices consumers to spend money, and make you money, with the mobile app of your dreams. Your love mileage may vary.

Workshop: Get Your Hands on Modo
Now you know the secret about how the Modo API can transform buying experiences for your users, audience or customer base, and make real money with your mobile app. Get to this workshop, roll up your sleeves, and build an app you will fall in love with.



OnDeckLogo_FinDEVr
Launched in 2007, OnDeck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses to efficiently deliver capital to a market underserved by banks. Its proprietary technology - the OnDeck Score - enables small businesses to obtain affordable loans with a fraction of the time and effort that it takes through traditional channels. OnDeck's credit models look deeper into the health of businesses, focusing on overall business performance, rather than the owner's personal credit history.

As a leading direct lender of small business loans, OnDeck has deployed more than $1 billion in capital nationwide.

Keynote: OnDeck Lending API's - Frictionless, Extensible, Powerful
The OnDeck Score evaluates thousands of data points - from cash flow to public records to social data - to more accurately and efficiently assess business health and deliver capital in as fast as 24 hours.

Pamela Rice, OnDeck's SVP of Technology, is discussing how the OnDeck platform provides a critically needed mechanism for financial institutions and other business service providers to efficiently reach the Main Street small business market.

The company has several APIs, which provide powerful, fully integrated lending capabilities, to third party partners, thus allowing for instant pre-qualifications, pre-approvals and loan applications. Through a coding and product demo, Pamela will demonstrate how both developers and non-developers can interact with OnDeck's APIs in a UI sandbox and how to utilize our Salesforce app for frictionless plug-and-play integration.

Why it's great for developers
  • OnDeck's technology makes the lending process simple, fast & efficient
  • APIs enable 3rd parties to provide more small businesses with the capital they need when they need it
  • OnDeck's technology has enabled the lender to deploy more than $1 billion in capital to small businesses across the U.S.
OnDeck's technology has enabled the lender to deploy more than $1 billion in capital to small businesses across the U.S.



Click here for Part Three of our look at fifteen companies that will be sharing their innovations at FinDEVr on Tuesday, September 30.

And if you missed our previous editions of our FinDEVr Preview, the links below will help get you up to date.
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OnDeck announced today that Jane J. Thompson, former head of Wal-Mart Financial Services, will join the board of directors of OnDeck.

JaneJThompson
"I have dedicated my career to driving growth for a variety of companies across the financial services industry, with a particular focus on those underserved by traditional options," Thompson said.

Noah Breslow, OnDeck CEO, added, "Her expertise and leadership will help guide our growth across our marketing, product innovation, risk management, and customer services efforts."

Thompson currently serves as the CEO of Jane J. Thompson Financial Services LLC, a management-consultant firm. Before serving as president of Financial Services at Wal-Mart, Thompson led the Sears Credit, Sears Home Services, and Sears Online groups within Sears.
OnDeckHomepage
Thompson is also director at Navient Corporation, a loan management, loan servicing, and asset recovery firm, VeriFone Systems, and The Fresh Market. An advisor to the Consumer Financial Protection Bureau (CFPB), Thompson was named Innovator of the Year, and one of the 25 Most Powerful Women in Finance by American Banker Magazine.

Jane J. Thompson's joining of the OnDeck board comes as the company moves closer to an initial public offering.

Alumni News-- September 4, 2014

  • Finovate-F-Logo.jpgThreatMetrix to provide location-detecting solution help institutions meet the Treasury Office's international business regulations.
  • LifeHacker: ReadyForZero tracks your debt and helps manage your credit score.
  • Graphic Packaging Holding selects Taulia to provide its Business Exchange program to optimize the organization's payables process.
  • BiometricUpdate.com features BehavioSec. Come see its presentation at FinDEVr.
  • Jane J. Thompson joins OnDeck Board of Directors.
  • Wallaby Financial launches Android Wear app.
  • PayPal extends fingerprint authentication to Samsung Note 4 and Gear S.
  • EverBank partners with FIS to bring PeoplePay to its banking customers.
  • Forbes.com features Check among three nightmare-reducing money disruptors.
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.

Alumni News-- August 29, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHeckyl to provide real-time news and data analytics courtesy of new partnership with Marketware International.
  • Diebold brings deposit automation and cash recycling services to consumers and FIs in Brazil. See Diebold at FinovateFall in September.
  • Dwolla makes MassPay official, offers a simpler experience with increased stability, improved reporting, and increased transactions per batch.
  • PYMNTS talks with SumUp CEO Daniel Klein, to understand how it views innovation in the mPOS space.
  • PayPal launches tool, PayPal Demo, to help developers show merchants the difference between different PayPal payment options.
  • CNBC's National Business Report interviews Scott Goldman, CEO of TextPower.
  • American Banker profiles FinovateSpring 2014 Best of Show winner, Stockpile.
  • CNET takes a look at Lending Club in the wake of the company's IPO filing.
    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.

    Alumni News-- August 25, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSan Antonio Federal Credit Union to integrate Geezeo PFM technology.
    • On Deck partners with Worldpay to provide access to financing for small and medium-sized merchants.
    • PaymentsSource features Dynamics ePlate among its list of "7 unusual emerging payments technologies."
    • Top Image Systems announces patent for full page mobile image processing.
    • The New York Times profiles Financial Guard, Motif, Betterment, FutureAdvisor, Jemstep, SigFig and Wealthfront .
    • InStream Solutions launches comparison tool.
    • Moven expands internationally, signs deal with New Zealand-based Westpac.
    • HuffPo profiles Prosper, Lending Club, and Kabbage in column on the rise of online lending.
    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.
    Inc50002014

    Inc. Magazine recently released the 2014 Inc. 5000 list that ranks the fastest growing privately-held companies in America. We combed the top 1,000 for Finovate alums and two made the cut. Many more are listed among the remaining 4,000 companies.

    Before taking a closer look at the two fast-growing companies, here are some stats on the financial services sector as a whole ranked against the other 24 industry categories:

      • Revenue: It ranked 5 of 25 in 2013 revenue, with a total of $17.2 billion
      • Growth rate: It ranked 19 of 25 in growth over the course of 2010 to 2013, with a rate of 112%
      • Job creation: It ranked 12 of 25 in the number of jobs the industry created from 2010 to 2013

    Here are the two Finovate alums that made the top 1000:

    LendingClubLogo.jpg
    Lending Club, a peer-to-peer lending platform
    Rank: 248
    Founded: 2007
    Headquarters: San Francisco, CA
    3-year revenue growth: 18x
    LendingClubHomepage2

    OnDeckLogo
    OnDeck, offers alternative loans to small and medium sized businesses
    Rank: 726
    Founded: 2007
    Headquarters: New York City, NY
    3-year revenue growth: 6.3x
    OnDeckHomepage2

    Alumni News-- August 19, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgLivePlan launches its Black Widow update to enhance performance monitoring.
    • Bank Innovation looks at GoBank's decision to shorten holding periods for mobile check deposits.
    • NICE Systems earns 2014 Star Performer award from Speech Technology magazine.
    • Top Image Systems partners with Allied Payment Networks to implement MobiPAY.
    • Time features ReadyForZero as 1 of 50 Best Websites for 2014.
    • Hiveage compares OnDeck, Kabbage, PayPal Working Capital, & CAN Capital Come see OnDeck at FinDEVr.
    • Quisk awarded US patent for enabling consumer activated security for a mobile payment system.
    • The Rude Baguette interviews Yseop CEO, John Rauscher.
    • New partnership brings Geezeo's PFM solution to MEA's native mobile banking platform. See Geezeo at FinovateFall 2014 in New York.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Finovate Alumni News-- June 2, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTop Image Systems partners with K2 to blend capture and mobile imaging technology with BPM.
    • On Deck reports $3.4 billion, $22K job impact on economy courtesy of its small business lending platform.
    • Eurasian Bank to deploy mobile banking technology developed by Monitise Create.
    • MasterCard launches MasterPass in Singapore.
    • Forbes features Xero, looks at why it will keep growing.
    • Finextra considers how The FCA plans to foster UK fintech innovation companies like Monitise, TransferWise, and Nutmeg
    • Apple opens TouchID to third parties, shows TouchID login example using Mint app in iOS 8 demo.

    • Dashlane reaches two million users milestone.

    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.
    ondeck_logo_new.jpg

    The only thing keeping pace with the investment interest in alternative lenders from Prosper to Kabbage may be the growing partnership interest from banks.

    Earlier this week we reported on the deal between Lending Club and Union Bank. Today we learn that BBVA Compass will be working with OnDeck to develop better ways to provide loans to its small business clients.

    Specifically, BBVA Compass will be relying on OnDeck's OnDeck Score. This technology allows banks and financial institutions to review thousands of relevant data points, including social data points, to help determine a would-be borrower's suitability for a given loan.

    This new initiative is a big deal for OnDeck, and represents the first such collaboration with a bank the size of BBVA Compass. Founded in 2007 and led by CEO Noah Breslow, OnDeck made headlines a month ago when it announced a $77 million funding round led by Tiger Capital. The company specializes in combining loan underwriting analysis with the merchant's own business data to determine a potential borrower's creditworthiness faster than traditional lenders.

    The average loan from OnDeck is $40,000, and loans can run as high as $250,000. Terms range from as little as three months to two years. The company demoed its technology at FinovateSpring 2012.
    • Finovate-F-Logo.jpgiFactor and Striata partner to offer robust push ebill solution to utilities.
    • Kingdom Trust and Bancbox partner to streamline the crowdfunding and P2P lending platform experience for the IRA investor.
    • Alternative lending pays up: Kabbage raises $50 million, Prosper pulls in $70 million.
    • Actiance extends Socialite to include Google+ & YouTube.
    • VentureBeat looks at the rise of P2P lending of many Finovate alums and predicts $1 trillion in loans by 2025.
    • App Annie now lets app developers track ads, app store optimization.
    • TradeHero launches a Chinese version, bringing the stock market game to traders in China.
    • Lend Academy speculates Prosper now valued $600 million, up from a $100 million valuation around eight months ago.
    • Personal Capital reaches 500,000+ registered users. Now is tracking over $70+ billion in & is managing $500 million in assets for clients.
    • Credit Sesame offers Target customers free ID protection, credit monitoring and credit scores without deadlines.
    • Jack Henry Banking's Core Director processing platform deployed by Oklahoma State Bank and The Bank of Clovis in New Mexico.
    • BBVA Compass teams up with On Deck Capital to better score small business borrowers.
    • WSJ Personal Technology column recommends Dashlane as the "best way to manage online passwords.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    FinovateFundingIMG.jpg

    Want some context on the torrid pace of fintech financing in the first three months of 2014?

    Consider this: a year ago, fourteen Finovate alums raised a total of more than $150 million in the first quarter of 2013.

    A year later, we have just nine alums raising more than twice as much in the month of March alone.

    March Madness, indeed.

    Q1 of 2014 saw 23 Finovate alums walk away with just under $600 million in capital. The biggest haul of the quarter came courtesy of Klarna, which raised more than $125 million. 

    But there were plenty of similarly impressive fundraisings, including the $85 million raised by Credit Karma, and the $77 million and $75 million secured by OnDeck and Tradeshift, respectively.

    Total raised = More than $592 million

    January -- $91 million raised by seven companies
    February -- $139 million raised by seven companies
    March -- $362 million raised by nine companies

    Note: Funding prior to becoming a Finovate alum not included. Questions? Comments? Email us at David@finovate.com or Julie@finovate.com

    Finovate Alumni News -- March 25, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgEleven Finovate alums win awards at PYMNTS Innovation Project 2014.
    • Bazaarvoice announces partnership with Spredfast.
    • TechCrunch: Wealthfront, OnDeck, Lending Club, Credit Karma, Betterment, and Kapitall "come of age."
    • CMS Wire reviews Backbase's customer experience platform.
    • Top Image Systems' eFLOW to process the digital census of a country in EMEA in a deal worth more than $1 million.
    • Place2Give releases GIVE-API to provide access to its database of charities as well as its payment processing tech.
    • SmartAsset raises $5.2 million in series A funding. Come see their live demo at FinovateSpring next month in San Jose.
    • Netherlands Queen Maxima visits Entrepreneurial Finance Lab (EFL) to see its psychometric credit scoring methodology in action.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    • Finovate-F-Logo.jpgArxan Technologies wins in the Products and Services Excellence category of the Infosecurity Global Excellence Awards.
    • OnDeck's CEO Noah Breslow appears on CNBC Squawk Box.
    • Mitek opens mobile imaging platform to developers.
    • Klarna raises £90 million to finance acquisition of Sofort.
    • Collision features Realty Mogul in its selection of "10 Top Startups with Powerful New Ideas."
    • OnDeck tops $1 billion in small business loans.
    • CBS News features Dynamics' Hidden card, interviews CEO Jeff Mullen.
    • Yale microfinance program to deploy Mambu platform.
    • FPPad Bits and Bytes features Guide Financial in its latest video review.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    Thumbnail image for ondeck_logo_new.jpg

    Talk about paying it forward. Alternative small business lender OnDeck announced today that it has raised $77 million from a team of investors led by Tiger Global Management.

    The total funding for OnDeck now stands at $180 million, with an additional $300 million in debt financing.

    Said OnDeck Chief Executive Noah Breslow about the process, "The market, the sector, and the company all lined up. Lending is the last sector to be disrupted."


    OnDeck_homepage_3.jpg
    Also participating in the round were a sextet of existing investors:
    • First Round Capital
    • Google Ventures
    • Institutional Venture Partners
    • Peter Thiel
    • SAP Ventures
    • RRE Ventures
    The funding comes as OnDeck reports that it will reach an all-time high of $1 billion in loans to small businesses by the middle of this month. Breslow says that he believes the company will  double its revenues in 2014, and insists there are no IPOs plans in the immediate future. The new funding will help OnDeck build upon its marketing efforts, grow internationally, and begin to explore  opportunities beyond its current loan product.

    OnDeck_homepage_2.jpg
    Here are a handful of interesting metrics for OnDeck:
    • Average loan size: $40,000
    • Maximum loan size: $250,000
    • Loan duration: 3-24 months
    • Growth in 2013: 150%
    • Revenues in 2013: $65 million
    • Employees: 240
    • Provided loans to businesses in 725 different industries
    OnDeck is ranked #11 in Forbes "America's Most Promising Companies list for 2014" (moving up dramatically from its #94 spot in 2013). The company is based in New York City, New York, and was founded in 2007. OnDeck demoed their technology at FinovateSpring in 2012. See them in action here.
    • Finovate-F-Logo.jpgActiance partners with Shoutlet to integrate Shoutlet's social marketing capabilities with Actiance Socialite.
    • PayPal's Braintree to waive the first $50k of processing fees for startups building on its platform through its new Ignition program.
    • On Deck raises $77 million in funding round led by Tiger Capital.
    • Mechanics Bank's Bradley Leimer takes a look at the lessons from BBVA's acquisition of Simple.
    • Simple, Moven, and Numbrs are listed in American Banker's feature "6 Apps That Are Making Bankers Jealous."
    • Recode reviews Loop. Check out its new payment tech at FinovateSpring next month.
    • The Tally's Financial News Fintech Focus column features Kensho.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Finovate Alumni News-- February 27, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMountain America CU chooses ProfitStars' ImageCenter and Enterprise Payment Solutions.
    • TSYS renews payments agreement with Commerce Bank.
    • ProfitStars announces partnership with OnDeck to deploy LendingNetwork platform.
    • Wealthfront's automated investment advisory service goes mobile with new app.
    • Arroweye's 2013 performance reveals 25% growth & 60%+ increase in open loop card fulfillment compared to 2012.
    • SpendMatters covers Tradeshift's and Taulia's divergent yet converging cases and value propositions.
    • Tradeshift raises $75 million, plans to open office in Tokyo.
    • Andera upgrades software to enable mobile applicants take photos of their driver's licenses during the application process to populate data fields automatically.
    • Kabbage now extending more than $1 million per day in funding to small businesses.
    • Kony and AirPlug partner to deliver enterprise-grade mobile solution to mobile network operators.
    • CashStar wins Digiday Retail Award for achievement in online retail marketing and advertising.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    Thumbnail image for Finovate-F-Logo.jpg

    Last year, Forbes selected four Finovate alums for its "America's Most Promising Companies" roster.

    This year, Forbes picked five.

    Lending Club is back, the veteran of last year's list climbing from a #12 ranking in 2013 to a #5 in 2014. Also returning is On Deck Capital, which soared from a #94 ranking last year to an #11 ranking this year.

    When you look at the other alums to make the 2014 roster, it is clear that success in the lending  and capital-raising businesses are what bring in the votes over at Forbes. In addition to Lending Club and On Deck Capital, there is Kabbage coming in at #37. 

    Thumbnail image for Thumbnail image for LendingClubLogo.jpg
    Rank: #5
    Revenue: $98 million
    Employees: 379

    ondeck_logo_new.jpg
    Rank: #11
    Revenue: $65 million
    Employees: 240

    Thumbnail image for KabbageLogo.jpg
    Rank: #37
    Revenue: $17 million
    Employees: 80

    Thumbnail image for CashStar.jpg
    Rank: #81
    Revenue: $16 million
    Employees: 88

    Thumbnail image for QuantopianLogo.jpg
    Rank: #98
    Revenue: $0
    Employees: 12
    FinovateFundingIMG.jpg
    Cheers to a new year! After ringing in 2014, we wanted take a look back at the capital raised by Finovate alumni in 2013. It was quite a year, with alums pulling in $825 million, $365 million more than in 2012 for an increase of about 80%.

    2013 funding summary:
      • 62 companies raised $825 million
      • Q4 had the most capital, with a total of $294 million raised by 17 companies (more than half by Xero, which landed $150 million). 
      • October was the busiest month, with $177 million raised (mostly Xero's $150 million)
      • May was second highest with $91 million raised by 7 companies
    2012 comparison
    Last year Finovate alums took in almost twice as much as 2012, when 44 Finovate alums collectively raised $460 million. The chart below shows the quarter-by-quarter comparison for both years.

    2013YearEndTable.jpg
    Quarter 1 -- blog post
    More than $155 million raised by 14 companies

    January -- $57 million raised by 6 companies
    February -- $56 million raised by 5 companies
    March -- $42 million raised by 4 companies

    Quarter 2 -- blog post
    More than $205 million raised by 15 companies

    June -- $81.7 million raised by 6 companies
    May -- $91.5 million raised by 7 companies
    April -- $32 million raised by 2 companies

    Quarter 3 -- blog post
    More than $171 million raised by 22 companies

    July -- More than $63 million raised by 8 companies
    August -- More than $26 million raised by 6 companies
    September -- $82 million raised by 9 companies

    Quarter 4
    More than $294 million raised by 17 companies

    October-- $177 raised by 6 companies
    November -- More than $87 million raised by 7 companies
    December -- More than $30 million raised by 6 companies


    Note: Funding that companies received before they first appeared at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

    • Finovate-F-Logo.jpgBackbase on Track to Expand into UK Market. 
    • Arroweye Solutions launches EMV On-Demand.
    • ICBA Mortgage extends its agreement with D+H Mortgagebot.
    • InComm partners with Jackson Hewitt Tax Service to unveil new GPR card.
    • Digital Insight working with Delta Community CU to offer members digital banking services and solutions.
    • Guardian Analytics announces FraudMAP Connect, real-time collaboration platform & fraud intelligence community.
    • Cachet Financial Solutions launches new mobile money management application and platform, Select Mobile Money.
    • Equifax enhances underwriting decisions for lenders and businesses with release of advanced decisioning attributes.
    • Simple announces new MoneyDrop, instant P2P $$ transfer technology.
    • OnDeck ranked #20 in SellingPower Magazine's 50 Best Companies to Sell For List.
    • Ven partners ValidSoft to secure virtual currency transactions.
    • SecondMarket CEO explains latest Bitcoin move.
    • Tyfone powers P2P m-payments in BVCU m-banking platform.
    • MasterCard joins Fast IDentity Online (FIDO) Alliance in support of innovation in online authentication.
    • Inaugural issue of FIS's digital magazine FIS InMotion now available.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    • Finovate-F-Logo.jpgPandoDaily features Planwise's "coming of age" story. 
    • OnDeck closes over $130 million in increased credit facility commitments, 150% 12-month growth surge drives doubling of debt capacity.
    • doxo's new email Import and Organization capability simplifies record keeping for the your key accounts.
    • Azimo picks cross-border payments platform Earthport to help expansion into developing markets.
    • Edo Interactive unveils self-serve portal for edo Marketplace that helps merchants set up card-linked offers on their own.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    Thumbnail image for Thumbnail image for inc5000Logo2.jpg

    Congratulations to six Finovate alums named to the Inc. 5000 list of America's fastest growing companies.

    The list included two Finovate alumni in the top 500: Kony Solutions (#28), and CashStar (#108). Prosper just missed the top 500, ranking #548. Also on the list were OnDeck (#660), Authentify (#2,328), and Capital Access Network (#4,535).

    *

    Rank: #28
    Description: Offers a codebase for developing mobile and multichannel applications
    Thumbnail image for Kony.jpg
    3-year revenue growth: 79x (eg. 7,900%)
    2012 revenue: $51.1 million
    2009 revenue: $648,000
    Employees: 1100
    3-year employee growth: 1003
    Founded: 2007
    Additional honors: #2 Top 100 Software Companies, #4 Top 100 Florida Companies


    Rank: #103
    Description: Hosts and maintains a transaction platform for retailer-branded gift card programs
    3-year revenue growth: 35x
    Thumbnail image for CashStar.jpg
    2012 revenue: $9.7 million
    2009 revenue: $276,000
    Employees: 96
    3-year employee growth: 73
    Founded: 2008
    Additional honors: #6 Top 100 Software Companies, #3 Top 100 Maine Companies


    Rank: #548
    Description: Peer-to-peer lending marketplace
    3-year revenue growth: 9.3x
    prosperlogo1.jpg
    2012 revenue: $6.8 million
    2009 revenue: $732,000
    Employees: 84
    3-year employee growth: 50
    Founded: 2006
    Additional honors: #36 Top 100 Financial Services Companies #97 Top 100 California Companies, #31 San Francisco Metro Area


    Rank: #660
    Description: Small business lender
    3-year revenue growth: 8x
    Thumbnail image for OnDeckLogo.jpg
    2012 revenue: $36.7 million
    2009 revenue: $4.6 million
    Employees: 153
    3-year employee growth: 117
    Founded: 2007
    Additional honors: #41 Top 100 Financial Services Companies, #40 Top 100 New York Companies, #5 New York City Metro Area


    Rank: #2,328
    Description: Delivers automated, multi-factor authentication services
    3-year revenue growth: 2.6x
    Thumbnail image for Authentify.jpg
    2012 revenue: $14 million
    2009 revenue: $5.5 million
    Employees: 37
    3-year employee growth: 13
    Founded: 1999
    Additional honors: #36 Top 100 Security Companies


    Rank: #4,535
    Description: Provides working capital and data services to small businesses
    3-year revenue growth: 49%
    Thumbnail image for CapitalAccessNetworkLogo.jpg
    2012 revenue: $152 million
    2009 revenue: $102 million
    Employees: 425
    3-year employee growth: 144
    Founded: 1998

    Finovate Alumni News-- August 8, 2013

    • FinovateLOGO.jpgKofax announces completion of Kapow Technologies acquisition.
    • ACI Worldwide cites role of their Universal Payments Platform in net new bookings growth for 2013 in this week's Q2 report.
    • The New York Times looks at Lending Club, Prosper, Zopa, On Deck, SocietyOne, and Kabbage as significant lending platforms.
    • Finextra reports: PayPal trials new geolocation payment service in London.
    • Leadfusion launches new RESPONSE interface for Premium Financial Tools.
    • Finect Founder Jennifer Openshaw moderates Best Practices in Compliant Social Media webinar. See Finect demo at FinovateFall 2013 in New York.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    • Finovate-F-Logo.jpgERN raises another $1 million, acquires two UK companies.
    • Expensify announces additional approval modes.
    • TMC selects Interactions' Virtual Assistant applications for a 2013 Speech Technology Excellence Award.
    • The Financial Brand looks at NeoBanks: Moven, Simple, GoBank.
    • Reuters article features Wealthfront as a platform of choice for how millenials manage money.
    • MasterCard partners with United Bank for Africa to provide Nigeria's first personalized debit card.
    • BrightFunds announces that it is now an official contributor to Triple Pundit.
    • The Economist talks with TransferWise co-founder Taavet Hinrikus about technological innovation in Estonia.
    • Kabbage and On Deck Capital both featured in Fit Small Business column on raising money for an existing business.
    • Allied Payment Network partners with Access Softek to provide Picture Pay mobile bill pay technology.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    • Finovate-F-Logo.jpgNetbanker looks at LendUp and BillGuard as 2 innovators creating services to protect the elderly from spam.
    • Kofax acquires data integration software provider Kapow Technologies.
    • Startup Owl features Lighter Capital and On Deck. Check out Lighter Capital at FinovateFall in NYC.
    • Bill.com's two-factor authentication brings security to SMBs.
    • Thoma Bravo completes billion-dollar acquisition of Intuit Financial Services, re-launched as Digital Insight.
    • Net Element International integrates its Aptito POS payments platform with TSYS.
    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.
    AOGlobal2503.jpg

    This year, 12 Finovate alums were selected among 250 other winners in the AlwaysOn Global 250 awards, and two Finovate alums were identified among 50 other Companies to Watch.

    The awards honor the top 250 U.S.-based private tech companies, plus recognize 50 to watch. Some of the underlying themes in this group of 300 innovative companies include mobile technology, cloud-based solutions, and social network integration.

    Here are the 12 Finovate alum winners of the 250 Awards, listed in alphabetical order:

    BillFloat

      • Category: B2B Applications- SaaS and Enterprise
      • Headquarters: Lexington, MA
      • Founded: 2005
      • CEO: Tom Beecher
      • Total funding: $21.2 million
      • FinovateFall 2011 demo video
      • Category: Consumer Internet
      • Headquarters: Atlanta, GA
      • Founded: 2009
      • CEO: Rob Frohwein
      • Total funding: $53.7 million (plus $91.7 million in debt funding)
      • FinovateSpring 2013 demo video
      • Category: B2B Applications- SaaS and Enterprise
      • Headquarters: New York, NY
      • Founded: 2007
      • CEO: Noah Breslow
      • Total funding: $102 million
      • FinovateSpring 2012 demo video
      • Category: B2B Applications- SaaS and Enterprise
      • Headquarters: Denver, CO
      • Founded: 2002
      • CEO: Andre Durand
      • Total funding: $78 million
      • FinovateEurope 2012 demo video
    Placecast 
      • Category: B2B Applications - Mobile
      • Headquarters: San Francisco, CA
      • Founded: 2005
      • CEO: Alistair Goodman
      • Total funding: $8 million
      • FinovateSpring demo video
      • Category: B2B Applications- SaaS and Enterprise
      • Headquarters: San Jose, CA
      • Founded: 2005
      • CEO: Reed Taussig
      • Total funding: $36.2 million
      • FinovateStartup 2009 demo video
      • Category: Consumer Internet
      • Headquarters: Redwood City, CA
      • Founded: 1999
      • CEO: Anil Arora
      • Total funding: $116 million
      • FinovateFall 2010 demo video
    Here are the two listed in the Companies to Watch category:

    All companies were selected by industry experts in the following organizations:

    • The AlwaysOn editorial team
    • Morgan Stanley
    • KPMG
    • GSV Capital
    • Greylock
    • Google Ventures
    • New Enterprise Associates
    • Flybridge Capital Partners
    • Accel Ventures
    • Bridge Bank
    • Venrock
  • SV Angel
  • Roth Capital Partners
  • Intel Capital
  • Menlo Ventures
  • Khosla Ventures
  • FirstMark Capital
  • Doll Capital Management
  • Benchmark Capital
  • Cooley
  • GGV Capital
  • FinovateLOGO.jpg

    For the second quarter of 2013, fifteen Finovate alumni raised more than $200 million. The quarterly total exceeded both that of the previous quarter as well as the same quarter last year.*

    • Q2 2013: 15 companies raised more than $200 million
    • Q1 2013: 15 companies raised more than $155 million -- blog post
    • Q2 2012: 14 companies raised more than $120 million -- blog post

    Here's the Q2 summary for 2013:

    April -- $32 million raised by two companies
    May -- $91.5 million raised by seven companies
    June -- $81.7 million raised by six companies

    _____________________________________________________________________________

    *While the funding over last year has increased, so has the number of Finovate alums. We're tracking more than 100 additional companies this year compared to last year.

    Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

    • Finovate-F-Logo.jpgLending Club's platform has originated $2 billion in total personal loans, $158 million of loans in June alone.
    • HSBC Bank Oman launches SecureKey for internet banking and upgrades mobile banking app.
    • Adidas to accept SafetyPay for online payments across Latin America.
    • Iowa government will soon accept Dwolla as payment for property and vehicle taxes.
    • The American Bankers Association endorses the card-linked offer technology powered by Linkable Networks.
    • The Next Web reports: Virtual stock market game startup TradeHero aims for $5m funding and 1m users by year-end.
    • Monitise and Telefonica enter mobile money partnership.
    • The Globe and Mail looks at On Deck Capital, Lending Club, and CommunityLend's FinanceIt as alternative financing.
    • Money Insider column in The Independent features Azimo.
    • Pymnts.com interviews TSYS Director of Acquiring Solutions Product Management, Tedd Huff on payment processing.
    • OpenCoin launches Bitcoin Bridge, an e-commerce enabler for Ripple.
    • CEOCFO Magazine interviews Blaze Mobile CEO Michelle Fisher.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBraintree's Bryan Johnson provides columnist James Altucher with an example of "how to go from $0 to $1,000,000 in two years." See Braintree demo at FinovateSpring in San Francisco.
    • TransactionAge takes a look at Klarna as an alternative to Google Wallet.
    • Digital Mailer's My Virtual StrongBox deployed by Redstone Federal Credit Union.
    • Investment News features Finect, a social network for financial advisors. Join them in San Francisco for FinovateSpring.
    • miiCard partners with Bitcoin Exchange Platform, Tradehill.
    • Innovation Agency updates Innovation Café to support formal judging process and integrated rewards payment process.
    • TIO Networks announces partnership with mobile app developer iFactor Consulting.
    • Bloomberg Businessweek reports: On Deck Capital Targets Businesses Banks Won't Touch.
    • David Barrett, Expensify CEO, interviewed on SkyNews to talk about Bitcoin. Come check out what's new at Expensify at FinovateSpring next week.
    • Best Vendor profiles Gremln. See them in action at FinovateSpring in San Francisco.
    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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