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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).
An increased investment of $2.3 million by an unnamed “major global European bank” in smart capture specialist Kofax represents a deepened commitment to the technology company’s signature trio of products: Capture, Transformation Modules, and Mobile Capture.
Kofax focuses on “First Mile” customer interactions, developing software that makes it easier for financial institutions to process the more than 350 million forms, documents, and checks generated every year. The company’s solutions range from technology that provides scan-to-archive document scanning and digital image creation (Capture) to data extraction and validation capabilities (Transformation).
A strategic partnership announced by Moven will bring investment capital to the company’s mobile money management service, now in beta in the U.S.
The amount of the investment was not disclosed. Nevertheless the capital comes courtesy of Russian venture capital firm, Life.SREDA, which specializes in mobile and online fintech initiatives around the world.
A specialist in providing cloud-based invoice, payment, and dynamic discounting solutions, Taulia announced today that it has raised $18 million from investors, including Klaus Hommels of Zurich-based Lakestar.
Also participating were Matrix Partners, Trinity Ventures, TELUS Ventures, and DAG Ventures.
There’s no better way to get to know the companies that will be on stage at FinovateFall 2013 than our Sneak Peek series. If you’ve missed an edition or two, click on the links beow to read earlier installments of our preview.
This year, FinovateFall will take place on September 10 and 11, at the Manhattan Center in New York. Find out more about the event here.
Today’s installment introduces our fourth set of fintech presenters: Akimbo Financial, BizEquity, Motif Investing, Phony Invoices, RevolutionCredit, SaaS Markets, Unleash, and Zighra.
New technology from Arroweye Solutions promises to make it easier to build personalized card marketing campaigns.
CustomerConnect, launched today, allows card issuers to leverage Arroweye’s digital, on-demand technology and the sizable amounts of customer information at their fingertips to put the right, tailored, marketing message in front of the right customer.
Finovate alumni Persint (Spring 2013) and StockSmart (Fall 2013) are starting off the week with a bang. Both companies have been selected to participate in Yodlee Interactive’s NEXT, a partner lifecycle program for fintech startups and entrepreneurs.
The goal of NEXT is to “promote and accelerate” innovation in the fintech space. The program consists of an initial incubation stage, during which the companies are given free access to Yodlee Interactive’s API for six months. Those companies that show “marked traction” will be invited to the second, acceleration stage and, after that, a final cultivation stage. The two latter stages give the startups opportunities to work with industry veterans and Yodlee partners.