Finovate - Conferences Showcasing the Future of Financial & Banking Technology
FinovateSpringFinovateFallFinovateAsiaFinovateEurope

Blog

TopicsTopics   TopicsArchives  

Recently in SimpleTuition Category

Thumbnail image for simpletuitionlogo.jpg

Here's a little known Finovate secret: There are few things the research team loves more than getting funding news on a Friday.

Seriously. After a week of reading, blogging, and briefing, the announcement that some hard-working, innovative fintech company has just raised millions of dollars (or pounds or Euros ...) from investors is just the kind of thing you like to hear heading into the weekend.

The latest fintech Friday funding announcement comes from SimpleTuition. One of our earliest alums, the company announced on Friday that it has raised $26 million in funding from Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. The new capital doubles the total raised by the company, taking Simple Tuition beyond the $50 million mark. SimpleTuiton also has raised $5 million in debt financing.

SimpleTuition_homepage.jpg
SimpleTuition has developed an online platform for students seeking financial assistance for education. The platform makes it easy to compare and analyze the suitability of different student loan options. SimpleTuition also provides advice and suggests strategies to help students keep education costs under control and to responsibly retire their student loan debt.

SimpleTuition is also the home of a pair of related products and services for students: Valorebooks, a platform that helps students buy or rent textbooks at reduced rates, and SmarterBucks, a rewards program that helps students pay back their student loans with their everyday purchases (and those of friends and family, as well).

Launched in 2006, SimpleTuition is headquartered in Boston, Massachusetts. Kevin Walker is the company's CEO.

Finovate Alumni News-- November 21, 2013

  • Thumbnail image for Finovate-F-Logo.jpgHPC Wire takes a look at the partnership between Toopher and Texas Advanced Computing Center.
  • Regulators green light IDology plans for New Jersey expansion.
  • Jackson Free Press uses data from Manilla to source column on student loan debt.
  • Michigan-based ECCU introduces a responsive designed website powered by Banno.
  • MyBankTracker reports: SimpleTuition's SmarterBank to Shut Down Due to Low Participation.
  • International Business times considers how Holvi and TransferWise are revolutionizing banking.
  • Tagit powering Maybank P2P m-payment Service in Singapore.
  • BancVue's Kasasa wins Five 2013 MarCom Awards.
  • Betterment CEO Joe Stein talks about the online RIA industry with RIA Biz.
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.jpgID Analytics and IdentityMind partner to reduce online fraud and stop merchant account creation fraud.
  • SimpleTuition adds 10 U.S. colleges as partners.
  • United Texas Bank selects Q2ebanking platform to accelerate unified virtual banking for anytime anywhere access.
  • SecureKey and Intel beef up authentication for MasterPass.
  • ShopKeep POS grows To 6.5K+ merchants.
  • Fairwinds Credit Union chooses Intuit for digital banking.
  • Realty Mogul and Entrepreneurial Finance Lab selected as 2 of 5 SWIFT Innotribe finalists of Startup Challenge New York.
  • Bank Innovation features how Entrepreneurial Finance Lab and VoiceTrust can combine psychographics and biometrics to revolutionize financial services.
  • ForexSmash reviews Currensee Social Trader.
  • Kansas City Business Journal profiles EyeVerify founder and CEO Toby Rush.
  • GigaOM Pro Blog takes a look at TransferWise through the lens of traditional Hawala informal money transfer networks.
  • My Money Blog reviews Realty Mogul and the concept of fractional investment property ownership.
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.jpgXero and Stripe partner to simplify online payments for small businesses.
  • Bank Innovation reports: Mitek Launches V 2.0 of Mobile Photo Bill Pay solution.
  • Boku teams with PlayJam to bring mobile payments to smart TVs.
  • SimpleTuition partners with College Parents of America to bring student loan and loan comparison insight from SimpleTuition its members.
  • Creditnet.com ranks the Best Personal Finance Software of 2013 (So Far): 1) Personal Capital, 2) Mint.com 3) ReadyForZero.
  • Emida adds Colombia to list of operating countries.
  • Kofax launches Analytics for Capture business intelligence solution.
  • Pymnts.com interviews TransferWise co-founder Kristo Kaarmann.
  • RightStartups takes a look at Betterment as a "new concept in a very traditional industry."
  • Dynamics launches "Everything Else is Just Plastic" TV Ad.
  • TradeBox Media reviews Zooz's retail app plug-in.
  • International Business Times looks at how Arxan's technology is used to protect mobile banking apps from attacks.
  • Newfination interviews Uri Gruenbaum, co-founder and CEO of TipRanks.
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-- May 22, 2013

  • FinovateLOGO.jpgBangor Daily News blogger interviews CashStar CEO Steven Boal.
  • Service2Media announces implementation of mobile app development platform.
  • Locaid CEO Rip Gerber wins CTIA "Ingenious Innovator" award for product and service innovation.
  • Temenos unveils DataSource, their new enterprise data management system.
  • Take a peek at the new look of Comarch Smart Finance.
  • Swipely earns $12 million in Series B funding.
  • Big banks boost Capital Access Network's lending capacity by more than 50%.
  • SimpleTuition announces $4 million Series D round.
  • Pandai brings on John Porter as Chairman.
  • PandoDaily reports: Google closes Checkout, pushing thousands of merchants into Braintree's arms.
  • Arxan's mobile app integrity protection platform now supports the Tizen OS, protecting Tizen apps from cyber threats.
  • eToro reaches 50 million trades landmark.
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 simpletuitionlogo.jpg

SimpleTuition's job of providing resources to help students responsibly borrow, maintain, and retire student debt just got $4 million easier.

The $4 million in venture funding comes from a trio of previous investors in the company: Atlas Ventures, Flybridge Capital Partners, and North Hill Ventures. The additional capital brings SimpleTuition's funding total to more than $21 million, excluding $5 million in debt financing from August of last year.

With tools like Student Loan Comparison, SmarterBank, and SmarterBucks, SimpleTuition provides students and their families with resources to help them make informed decisions about financing higher education. The company's recent acquisition of ValoreBooks allows them to help students minimize the cost of textbooks, as well.

SimpleTuition plans to invest its new capital in marketing and development initiatives in each of its three main lines of business: student loans, textbooks, and rewards. They presented their technology as part of FinovateStartup back in 2008. Learn more about them here.

Finovate Alumni News-- January 23, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTemenos wins praise as "top advisor solution" from Aite Group.  Come see their demo at FinovateEurope in February!
  • Pageonce reaches $1 million mark in daily mobile bill payments processed.
  • A look at TradeKing after the merger.
  • ACI Worldwide's Money Transfer System helps FIs with Dodd-Frank compliance.
  • EZBOB forms partnership with ChannelGrabber.  Watch EZBOB in action at FinovateEurope!
  • Monitise and CGI Logica form mobile FS alliance to target European retail banks.
  • Tradeshift partners with Intuit to bring its social invoicing platform to more than 5m QuickBooks users.
  • American Banker reports: Fiserv extends relationship with BofA. Come to FinovateEurope in London to see its live demo.
  • CNBC talks with Alexa Von Tobel, LearnVest CEO.
  • Bill.com and Expensify announce product integration.
  • GrowthBusiness profiles Holvi. Comes see Holvi's new tech at FinovateEurope next month.
  • Fast Company reports you can now pay taxes in Iowa using Dwolla.
  • SimpleTuition reports 2012 success metrics for SmarterBucks program.
  • DemystData a finalist in AWS Global Startup Challenge. 
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.
  • Billcom adds open APIs to banking platform.
  • Blackhawk Network Announces New Financial Service Products in Canada.
  • Startup Central looks at Heckyl, Clari5 and BankBazaar at FinovateAsia.
  • VentureBeat considers SecondMarket's partnership with Angellist.
  • M.O. interviews Constancio Larguia, CEO & founder of Weemba.
  • SiliconBeat looks at Personal Capital's 401(k) product.
  • Kabbage Becomes Exclusive Funding Provider for Bonanza Sellers.
  • American Banker reports: Bill.com Ties Cash-Flow Tools to Banks' Small Business Software.
  • Finextra reports UBank gathers transaction data for spending comparison site.
  • ShopKeep POS announces entry into the quick serve market with full kitchen printing capabilities.
  • Mashable lists SimpleTuition, ReadyForZero, and Tuition.io as tools to help minimize student loan debt.
  • Capital Access Network moves Headquarters to NYC.
  • Crowdfund Insider reports SoMoLend Announces New York Expansion.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
  • Dwolla upgrades iPhone app and adds ability to pay money requests.
  • The Receivables Exchange appoints Henry Allen as New CEO.
  • SimpleTuition launches Private Student Loan Refinance Center.
  • Xero and Bill.com enable integration, ease transactions and cash management.
  • Now Plastyc's UPside Visa customers can add cash to cards instantly at Walmart.
  • NFU Mutual automates paper processes with Tibco. Check out Tibco's live demo at FinovateAsia.
  • Equifax selected byIRS as one of first eTranscript Pilot Vendors.
  • ModoPayments and Alliance Data partner to offer mobile solutions to retailers and U.S. Consumers.
  • Bill.com wins Sleeter 'Awesome Application' Award.
  • San Diego North County Times reports StockTwits: Howard Lindzon takes stock talk to new level.
  • Bridge2 Solutions and Affinity Solutions launch mobile app.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSimpleTuition acquires textbook marketplace ValoreBooks to help college students save
  • Virtual Piggy partners with skateboard brand, GoldCoast. Come see Virtual Piggy's live demo at FinovateFall.
  • Acculynk wins Lion's Den competition at the ATPS Latinoamerica in Miami.
  • Planwise gives a sneak peek demo of platform upgrades.
  • The Sydney Morning Herald reports UBank wins 2012 Financial Review Smart Investor Blue Ribbon Award for its variable home loan. Come see UBank at FinovateAsia in Singapore.
  • Digital Trends looks at how (Bank)Simple is jumping through regulatory hoops.
  • NY Times suggests FamZoo to help children & parents manage allowance.
  • Millennial Vision and Cachet Financial Solutions partner to remarket mobile remote deposit solution. Come check out Cachet Financial at FinovateFall this week in New York.
  • Huff Post reports: Andera CEO Charlie Kroll Builds Business To 'Help Small Banks Compete Against The Big Guys'.
  • TechCrunch reports: Doxo Uses QR Codes To Bridge The Gap Between Paper Bills And Mobile Payments.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgReadWriteWeb seeks advice from Candace Klein, SoMoLend CEO, on winning startup competitions.
  • Dwolla wins Startup of the Year, CEO Ben Milne wins Startup Exec of the Year in Silicon Prairie Awards.
  • Xero Touch wins a Mobie Award at the 2012 Australian Mobile Awards.
  • PC World interviews Ping Identity CTO, Patrick Harding.
  • SimpleTuition lands $5 million from Horizon Technology Finance Corp.
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.
CKLCSTLogos.jpg

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:

eloanck.jpg
eloanst.jpg
eloanLC.jpg

Credit Karma demoed at FinovateStartup 2009, Lending Club demoed at FinovateStartup 2009, and SimpleTution demoed at FinovateStartup 2008.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThreatMetrix 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.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAustin Business Journal discloses Bazaarvoice reports $104M financing.
  • IBT, FI solutions provider announces the launch MoneyDesktop as its PFM solution.
  • Affinity Solutions Lands $14.5 Million in Funding from Chestnut Hill Ventures.
  • Finovate takes a closer look into the Strands Finance PFM.
  • The WSJ examines how SimpleTuition's SmarterBank help students and alumni pay back student debt.
  • Balance Street becomes an Affiliate Member of the California Bankers Association, will begin a pilot program to bring its debt settlement tool to California banks.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGoogle Director, Russ Laraway, named SVP of Merchant Sales at FreeMonee.
  • American Banker describes the effect of Plastyc's Kindle Fire app on underbanked consumers.
  • Business Insider points out how SimpleTution & Cartera Commerce are hacking the financial system.
  • IP Commerce launches app development challenge for next-gen POS app.
  • Bank Technology News compares how Plastyc and Mitek use tech to serve the underbanked.
  • American Banker takes an in-depth look at SimpleTuition's SmarterBank.
  • Dwolla builds payment fees comparison tool.
  • Cachet Financial Solutions and eDOC Innovations partner to provide mobile deposit to Credit Unions.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBank Innovation names Kabbage CEO, Rob Frohwein, as 1 of 10 top innovators.
  • SimpleTuition's SmarterBank announces $25,000 #CrushStudentDebt Sweepstakes.
  • Pindrop Security raises $1 million in seed funding.
  • Yodlee Interactive announces new accelerator/incubator programs.
  • Bermuda's Royal Gazette features Expensify.
  • ZipZap to power cash payment service for Towah Group.
  • Silver Tail Systems announces partnership with Barclaycard Global Payment Acceptance. See Silver Tail Systems at FinovateSpring.
  • Kony Solutions is one of the first mobile platform vendors to support BlackBerry 10.
  • Bank Technology News reports Bancorp using PayPal for payments and account-opening tech.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDwolla redesigns dashboard page, reveals celebrity investor.
  • Intuit opens driving range in downtown Seattle for 1 day to promote its GoPayment technology.
  • mFoundry launches mobile banking solution for Conestoga Bank.
  • Utilities Employees CU signs a contract with Jwaala to enhance its online services and offer mobile banking.
  • eDeposit appoints Robert R. Craig as CEO. Come see its live demo at FinovateSpring May 8 and 9 in San Francisco.
  • Former Morgan Stanley CEO, John Mack, joins Lending Club's board of directors.
  • NY Times Bucks blog covers SimpleTuition's SmarterBank.
  • Social Money announces partnership with ICICI Bank in India.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgInComm removes Visa Gift Card & MasterCard Gift Card products from New Jersey stores due to regulation.
  • SimpleTuition launches Student-Friendly SmarterBank, Powered by The Bancorp Bank.
  • Clairmail introduces Clairmail Plus, a mobile banking & payments solution for midmarket FIs. 
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.

Watch Demos

Click above for video archives of all demos.

 

Twitter


See all Finovate tweets