Author: David Penn

Top Image Systems Presents a Trio of Mobile Image Processing Solutions

By David Penn Posted on
Categories: FinovateEurope 2014, Top Image Systems

Thumbnail image for TopImageSystems_hi_res_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Making their way to the stage now is Top Image Systems with their mobile image processing solution suite:

“Top Image Systems has leveraged its deep recognition and imaging expertise to develop a powerful suite of image processing applications for mobile devices. These applications optimize user experience and minimize communication failures: 
MobiPay expedites mobile bill payment, letting users snap images to add payees and payment methods; MobiCHECK facilitates mobile remote deposit capture and MobiFLOW enables mobile processing of documents of any size and format. TIS’ mobile image processing technologies combine APMI (Automatic Perfect Mobile Image) “auto-capture’ functionality with IQA (Image Quality Analysis) and on-device intelligence on the handset.”
Presenting Isaac Rome (VP Mobile Solutions)

IMG_3911.JPG
IMG_3920.JPG
Product Launch: March 2012
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: Ramat Gan, Israel
Founded: March 1991
Twitter: @TopImageSystems

Share this:

Send Post Twitter LinkedIn Facebook

Efigence Teams Up with Idea Bank to Present New Transaction System for SMEs

By David Penn Posted on
Categories: Efigence, FinovateEurope 2014, Idea Bank

Thumbnail image for EfigenceAndIdeaBankLogo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Coming to the stage now is the combined team of efigence, builder of web and mobile IB platforms, and Idea Bank, a specialist in SME banking.

“We are presenting a tool for small and medium enterprises. It is a new transaction system for SMEs that is connected with accountancy systems and a company’s cash flow analysis.”
Presenting Marek Lesiak (CTO, efigence), Andrzej Szewczyk (Managing Director, efigence), and Steve Sutton (Innovation Manager, efigence)

IMG_3874.JPG
IMG_3869.JPG
Product Launch: Q1 2014
Product distribution strategy: Direct to Business (B2B), Direct to Consumer (B2C)
HQ: efigence: Warsaw, Poland; Idea Bank: Warsaw, Poland
Founded: efigence: 1999; Idea Bank: 2010
Twitter: @efigence, @IdeaBankSA

Share this:

Send Post Twitter LinkedIn Facebook

LifePay Introduces its Financial Ecosystem

By David Penn Posted on
Categories: FinovateEurope 2014, LifePay

LifePay_lo_res_logo.jpg

This post is part of our live coverage of FinovateEurope 2014, and has been updated.

Starting us off after the noon break is LifePay from Moscow.

“Today we are talking about our evolution from ordinary mobile card reader solution to the LifePay Ecosystem.
Over 1.5 years of existence, we have connected more than 8,000 companies to LifePay, and also created a complete closed system of inside interaction. The components of LifePay Ecosystem include:
  • Mobile app builder for business apps (iOS and Android)
  • Consumer downloads building app with order delivery via LifePay mPOS (accepts card payment; SMS receipt with LifePay Wallet offer)
The app tracks all transactions and gives the opportunity to pay for further bargains without taking your card out of your pocket. LifePay Stand, a free tablet for business with preinstalled ecosystem software.”
Presenting Vladimir Akimov (COO) and Viacheslav Semenchuk (CEO) and Helena Spirina (customer)

IMG_3853.JPG
IMG_3860.JPG
Product Launch: January 2014
Metrics: Money raised: $2.6 million; number of employees: ~30; revenues: ~200,000 RUR; registered users: over 5,500; readers realized: over 15,000; website traffic: 100,000 DAU
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Moscow, Russia
Founded: September 2012
Website: life-pay.ru
Twitter: @LifePay

Share this:

Send Post Twitter LinkedIn Facebook

Toshl Finance Makes Personal Finance Management Fun

By David Penn Posted on
Categories: FinovateEurope 2014, Toshl

ToshlNEWLogo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Our last presenter before the noon break is Toshl demoing Toshl Finance.

“One of the main problems of personal finance is that it’s annoying to most people and they get quickly discouraged. Our aim is to provide more positive feedback and create content based on user’s data that is fun and makes them come back, despite the possibly harsh realities of their financial situation.”
Presenting Matic Bitenc (CEO) and Miha Hribar (CTO)

IMG_3840.JPG
IMG_3848.JPG
Product Launch: March 2013
Metrics: 8 employees, 1.5 million registered users
Product distribution strategy: Direct to Consumer (B2C)
HQ: Kranj, Slovenia & Mountain View, CA, USA
Founded: April 2012
Website: toshl.com
Twitter: @Toshl

Share this:

Send Post Twitter LinkedIn Facebook

MyOrder Delivers the Smartest Way to Spend, Connect, Shop, Browse and Have Fun

By David Penn Posted on
Categories: FinovateEurope 2014, MyOrder

MyOrder_hi_res_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Coming to the stage is the team from MyOrder.

“We are MyOrder. We empower and delight our customers by delivering confidence and convenience to their shopping experience.”
Presenting Gertjan Rösken (CTO) and Tamar Klein (Sales Manager)

IMG_3827.JPG
IMG_3830.JPG
Product Launch: September 2013
Metrics: >200,000 downloads in the Netherlands; 11,000 merchant locations in the app
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), international distribution strategy through partners (FIs, other FinTech companies, etc.)
HQ: Groningen, Netherlands
Founded: 2008
Website: myorder.nl

Share this:

Send Post Twitter LinkedIn Facebook

Fastacash Enables Value, Content Transfer via Social Networks

By David Penn Posted on
Categories: Fastacash, FinovateEurope 2014

fastacash_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Headquarted in Singapore, here is our next presenter, fastacash.

“As a technology enabler, fastacash partners with companies and brands in the payments, remittance, consumer products, social, and gaming industries to bring its technology to end-users. The company recently launched its showcase service in the United Kingdom (international remittances from the UK to Kenya) through a partnership with VFX Financial. It also launched in Indonesia (domestic money transfers) in November, with partner, DOKU, a leading PSP. The company is preparing to launch in Russia with UNISTREAM.”
Presenting Vince Tallent (Chairman & CEO) and Gilberto Arredondo (Chief Commercial Officer)

IMG_3817.JPG
IMG_3822.JPG
Product Launch: September 2013
Metrics: $4.5 million between Seed Round and Series A. 17 employees.
Product distribution strategy: Direct to Business to Consumer (B2B2C)
HQ: Singapore
Founded: April 2012
Website: fastacash.com
Twitter: @fastacash

Share this:

Send Post Twitter LinkedIn Facebook

GMC Software Technology Launches its Inspire Mobile Onboarding Solution

By David Penn Posted on
Categories: FinovateEurope 2014, GMC Software Technology

Thumbnail image for Thumbnail image for GMC_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Demoing GMC Inspire Mobile Onboarding, here is GMC Software Technology:

“GMC Inspire Mobile Onboarding is a game-changing innovation that allows banks to attract, retain, and grow customers through real-time, interactive communication.
This solution is specifically tailored for mobile customer engagement. With GMC Inspire Mobile Onboarding, banks empower their front line staff to easily create contracts based on customers’ needs and preferences that can be sent in real-time and browsed on any mobile device. This innovation enables customers to review contracts, make changes and use digital signature, hence simplifying the on boarding process, reducing drop-out, and increasing revenue.”
Presenting Antoine Hemon-Laurens (Mobile Products Marketing Manager) and Gary Jenkins (Product Manager)

IMG_3808.JPG
IMG_3815.JPG
Product Launch: February 2014
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed
HQ: Appenzell, Switzerland
Founded: 1994
Website: gmc.net
Twitter: @gmc_net

Share this:

Send Post Twitter LinkedIn Facebook

AnalytixInsight Launches its Financial Research Portal, Capital Cube

By David Penn Posted on
Categories: AnalytixInsight, FinovateEurope 2014

Analytix_capitalcube_hi_res_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Next up to the stage is AnalytixInsight, demoing its online financial research and content portal, Capital Cube.

“AnalytixInsight and CapitalCube launches their newest product – Fundamental ETF analysis. The ETF analysis provides unique fundamental research of an ETF based on the analysis and risk assessment of the daily changing underlying compositions. This enables investors to easily discern the fundamental risk and characteristics of each ETF, especially with respect to other ETF alternatives available to them. The service is intended to address the till-now unmet need of fundamental analysis of each ETF globally.”
Presenting Chaith Kondragunta (CEO)

IMG_3792.JPG
IMG_3794.JPG
Product Launch: February 2014
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: New York, NY, USA
Founded: June 2010
Twitter: @capitalcube

Share this:

Send Post Twitter LinkedIn Facebook

Red Zebra Analytics’ Bank Offers Tool Benefits Consumers, Merchants, and Retail Banks

By David Penn Posted on
Categories: FinovateEurope 2014, Red Zebra

Thumbnail image for RedZebraLogo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Demoing their Bank Offers Tool, here is the team from Red Zebra Analytics.

“Red Zebra Analytics is a company that has created a new type of loyalty program. An online and mobile offers platform for banks, it allows merchants to place targeted offers on the online banking experience, also accessible through mobile devices. The product is first launched in 2014 with Wuestenrot Bank AG Pfandbriefbank, Ludwigsburg, Germany.”
Presenting Attul Sehgal (CEO) and Ina Meixner (Marketing Manager, Europe)

IMG_3786.JPG
IMG_3789.JPG
Product Launch: January 2014
Metrics: Money raised: £1.6 million, employees: 10
Product distribution strategy: Through financial institutions
HQ: London, UK
Founded: August 2011

Share this:

Send Post Twitter LinkedIn Facebook

Atsora Introduces Momentum to Help Move SMEs to the Bank 3.0 World

By David Penn Posted on
Categories: Atsora, FinovateEurope 2014

Thumbnail image for atsora_hi_res_logo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Our next innovator is Atsora from Warsaw, Poland.

“Momentum is a software placed between SME and Bank. One, integrated online and mobile application is used of planning business models and monitoring the cash flow and growth based on financial data. Users can easily share selected information with the Bank in order to get tailor-made offers and on-time support. The SME receives a complimentary set of functionality helping with cash flow and business model planning, cost optimization, and client profitability management. 
Everything seamlessly integrates with bank accounts, providing a real-time view on business. The Bank in turn gets better insight and can deliver the products exactly as needed. We support all phases of the SME lifecycle in order to improve cross selling and proactively manage retention.”
Presenting Krzysztof Pulkiewicz (CTO) and Anna Ciesielska (COO)

IMG_3781.JPG
IMG_3783.JPG
Product Launch: December 2013
Metrics: Less than 10 employees; backed up by VC
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Warsaw, Poland
Founded: December 2013
Website: atsora.com
Twitter: @AtsoraTeam

Share this:

Send Post Twitter LinkedIn Facebook

Momentum’s Money Hub Puts the Consumer at the Center of their Financial World

By David Penn Posted on
Categories: FinovateEurope 2014, Momentum

This post is part of our live coverage of FinovateEurope 2014.

Our final demonstration before the morning break features Momentum (FKA YourWealth).

“Money Hub technology is one of the world’s most powerful personal finance tools and is available via mobile, tablet, and desktop devices. It brings together a user’s entire financial world and incorporates the ability to aggregate accounts, budget, track and plan scenarios for the future as well as access to financial products and advice.
Money Hub gives users total control, allowing them to connect directly with a product provider or financial advisor and select which areas of their financial universe they wish to share with them. We believe Money Hub will revolutionize the world of personal finance.”
Presenting Toby Hughes (CEO) and Dave Tonge (CTO)
IMG_3766.JPG
IMG_3765.JPG
Product Launch: July 2013
Metrics: Blue Speck Financial owns and operates Momentum, and currently employs 18 people. We completed a round of angel funding in February 2013. Momentum has serviced more than half a million users since soft launch in 2013.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed
HQ: Bristol, UK
Founded: January 2011

Share this:

Send Post Twitter LinkedIn Facebook

EXCESS RETURN Launches its Next Generation Investment Tool, SCREENER/REPORT

By David Penn Posted on
Categories: EXCESS RETURN, FinovateEurope 2014

Thumbnail image for ExcessReturnLogo.jpg

This post is part of our live coverage of FinovateEurope 2014.

Our next innovator is EXCESS RETURN with their investment innovation SCREENER/REPORT.

“EXCESS RETURN develops next generation investment tools for the financial community. SCREENER/REPORT is an automatic tool that brings an immediate and crystal clear diagnosis of a trading opportunity.
SCREENER – Open the trading ideas box. Find the most promising stocks thanks to our SCREENER mode.
REPORT – Buy? Hold? Sell? Easy to use decision tool, our REPORT module.”
Presenting Frederic Lieferinckx (Founder) and Erik Laeremans (Web Designer & Developer)

IMG_3741.JPG
IMG_3743.JPG
Product Launch: February 2014
Metrics: Company Ownership: private, self-funded; Employees: 2 founders (financial analysts) and 3 IT engineers. To date, we’ve contracted large accounts (online brokers, banks, and media groups) and hundreds of thousands of users use our applications. EXCESS RETURN is targeting a total revenue of €2.5 million for 2014. The company didn’t raise any money yet and the shareholders are still the same (the 2 founders).
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: Brussels, Belgium
Founded: October 2011
Website: xsreturn.com

Share this:

Send Post Twitter LinkedIn Facebook