Finovate Alumni News

On Finovate.com

  • “Rippleshot Earns Spot in SixThirty Accelerator’s Incoming Cohort”
  • “Cloud Lending Solutions Raises $8 Million in Series A”
  • “MX Lands $4 Million from CheckFree Founder Pete Kight”

Around the web

  • iSignthis to provide KYC services to Coinify, Europe’s leading bitcoin-payment service provider.
  • Feedzai’s algorithms poised to analyze $800 million in purchases in real time each day.
  • Bitbond launches bitcoin affiliate program to allow users to earn money online simply by placing a link.
  • Matchi launches first innovation challenge for insurance company.
  • Lendio funds more than 500 small businesses in one month.
  • Xero surpasses milestone of 100,000 subscribers in the United Kingdom.
  • Algomi announces expansion, opening new office in New York.
  • Misys wins Customer Focus Award, named “National Champion for the U.K.” by the European Business Awards.
  • Let’s Talk Payments profiles PFM and account-aggregation solution provider, eWise.

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.

FinDEVr San Francisco 2015 Presenters All Mapped Out

FinDEVr San Francisco 2015 Presenters All Mapped Out

FinDEvrmapjpg

FinDEVr2015LogoV2DateFinDEVr San Francisco 2015 is less than a week away, and we’re excited to host 64 companies as they spend 20 minutes onstage showing off their latest tools, APIs, and platforms.

While 21 of the presenters are based in the Bay Area, companies are heading in from all across the globe; in fact, Japan-based BankGuard faces the longest commute to the UCSF Mission Bay Conference Center in San Francisco, where the event will be held.

With more than 600 builders expected to show up 6/7 October, the presenters are ready to bring their best to the stage. For more information on the presentations, check out the schedule. To be a part of the action, pick up your ticket here.

If you have any questions, check out the FAQ section of the FinDEVr homepage, or contact SanFran@FinDEVr.com.


FinDEVr is sponsored by Yodlee Interactive, MX, Credit Karma, and The Bancorp. Our event partners are the Bank Innovators Council, BankersHub, BayPay Forum, bobsguide, California Bankers Association, Celent, The CoinTelegraph, Mercator Advisory Group, and SF Fintech.

 

Finovate Alumni News

On Finovate.com

  • “Blooom Wins Grant from LaunchKC”
  • “FinDEVr San Francisco 2015 Presenters All Mapped Out

Around the web

  • SumUp launches mobile payments service in Sweden.
  • Stratos launches EMV Chip Connected Payment Cards in Q4 2015.
  • Ferguson Federal, $57 million in assets, hires Insuritas to launch insurance agency.
  • Kony helps ORNL FCU deliver customized mobile app experiences to its members.
  • OnDeck partners with Association for Enterprise Opportunity to facilitate up to $10 million in small-business loans.
  • Tradeshift unveils new e-procurement solution, Tradeshift Buy.
  • Aerospike releases version 3.6 of its NoSQL operational database. See Aerospike’s presentation at FinDEVr next week.
  • TechCrunch: Klarna adds American Express as a partner. Come watch American Express’ presentation at FinDEVr.

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.

Ellevest Pulls in $10 Million from Morningstar

Ellevest Pulls in $10 Million from Morningstar

EllevestHomepage

Ellevest, a digital investment platform for women—co-founded by Finovate alum Charlie Kroll—raised $10 million this week in a Series A round led by Morningstar.

Other investors in the New York-based startup include:

  • Ajay Banga, president and CEO of Mastercard
  • Robert Druskin, executive chairman of the DTCC, former COO of Citigroup, and former chairman of E*Trade
  • Mohamed El-Erian, chief economic adviser at Allianz and the former CEO of PIMCO
  • Karen Finerman, co-founder of Metropolitan Capital Advisers and panelist on CNBC’s Fast Money
  • Brian Finn, former chairman and CEO of Asset Management Finance Corp. and former president of Credit Suisse First Boston
  • Andrea Jung, CEO of Grameen America and former CEO of Avon
  • Jeff Schwarz, co-founder of Metropolitan Capital Advisors
  • Contour Venture Partners

Ellevest is focused on helping women bridge the investment gap, and seeks to transform investing into a women-specific experience.

The Ellevest investment platform, slated to launch in early 2016, was founded by Sallie Krawcheck (CEO) and Charlie Kroll (COO). Kroll is former CEO of Andera, which debuted its FortiFI solution at FinovateFall 2011. In October of 2011, Andera purchased oFlows, which demoed oFlows for Everyone at FinovateFall 2011. In May 2014, Andera was acquired by Bottomline Technologies.

Munich-based Fidor Bank Launches in U.K.

Munich-based Fidor Bank Launches in U.K.

FidorHomepage

Adding to the 215+ banks that call Britain home, Fidor Bank launched in the U.K. last week after applying for a banking license in January 2015. This makes Fidor the country’s first new retail bank in five years.

The Germany-based bank, which was founded in 2009, has set itself apart from traditional banks in multiple facets:

  • Was among the first banks to enable its customers to buy and sell bitcoin on its platform (with partnerships such as Ripple).
  • Has a community page that serves as an open forum, where users and bank representatives discuss bank products.

FidorCommunity

  • Is heavily involved in Facebook and Twitter, offering increased interest paid on savings accounts if users Like or Tweet certain content.

FidorBankFacebook2

  • Has an open platform it developed in-house, which enables developers to access 25 different services through a set of open APIs.

Fidor’s U.K.-based bank is off to a somewhat more cautious start. It doesn’t offer bitcoin services, although it is exploring interest among the U.K. community. Similarly, it has not opened up its U.K. system to developers, although Fidor’s existing Euro APIs can be used until the bank launches a wider integration.

Fidor is currently focused on developing a current account and savings-bond service, and will soon launch additional features, such as a debit card and mobile app. Additionally, the bank soon plans to roll out other fintech partnerships.

FinDEVr2015LogoV2DateFidor is among the 60+ companies that will present at FinDEVr San Francisco 2015 on 6/7 October. Fidor’s presentation will focus on teaching developers how to leverage its APIs and European banking license to set up their own digital banking services. There’s still time to register for the event, which will be held at the UCSF Mission Bay Conference Center in San Francisco.

iBroker AG, a subsidiary of Fidor Bank, demonstrated StockBattle, a social platform that enables users to bet on stocks or capital market indices, at FinovateEurope 2012.

FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, to be held on 6/7 Oct in San Francisco.

Developer news

  • Fusion, Switzerland’s first fintech accelerator, selects 10 startups for its 12-month acceleration program that starts on 5 October.

The latest from upcoming FinDEVr 2015 presenters

  • PayPal explains its recently launched API Transactions Dashboard.
  • BehavioSec joins PwC’s Accelerator Programme.
  • Personal Capital appoints Mark Goines as CMO.
  • Business Insider ranks Currency Cloud among top fintech companies in Britain.
  • Let’s Talk Payments lists 25 top alternative lending startups including OnDeck.
  • Kanto X hits $2+ billion in currency exchange transactions.
  • 7-Eleven and PayNearMe launch PayNearMe Bill Pay app, a full-service bill payment center.
  • OnDeck and Intuit join forces to launch $100 million lending fund for small businesses.

Alumni updates

  • Dynamic Trend integrates with Tradier Brokerage API.
  • Xero previews two new features—billable expenses and invoice reminders—for small-business users of its platform.

Stay up to date on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “From API to UX/UI: A Preview of FinDEVr 2015

Around the web

  • Stratos wins Fast Company’s Innovation by Design Award, the company’s third product award.
  • Business Insider ranks Algomi, Currency Cloud, eToro, Nutmeg, Zopa, and TransferWise among top fintech companies in Britain.
  • Concur integrates with GigSky to enable travelers to access the internet while traveling.
  • Dwolla expands its credit services to include instant money transfers among friends and family.
  • Let’s Talk Payments lists 25 top alternative lending startups including OnDeck, Street Shares, Zopa, and Lending Club.
  • Xero previews two new features—billable expenses and invoice reminders—for small-business users of its platform.
  • peerTransfer announces U.S., Europe expansion; rebrands as Flywire.
  • TSYS to expand its Enterprise Tokenization technology to support Android Pay.
  • Red Giant launches its Red Giant Family Plan to offer families a way to manage daily spending.
  • iSignThis‘ KYC services now satisfy U.S. anti-money laundering requirements.
  • PayPal explains its recently launched API Transactions Dashboard.
  • BehavioSec joins PwC’s Accelerator Programme.
  • Lending Club’s Carrie Dolan named one of American Banker’s 2015 Most Powerful Women in Finance.
  • Personal Capital appoints Mark Goines as CMO.
  • Matt Compton becomes COO of Simple, which has tripled its staff to 300 employees from February 2014.
  • TechCrunch features Lending Club’s coming-of-age story.

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.

FinovateFall 2015 in the Media

FinovateFall 2015 in the Media

PressRoomIMG

Although FinovateFall 2015 is over, it left behind plenty of new innovations, piles of fresh business cards, and a plethora of press coverage.

Thanks to everyone who attended, and especially those who spent long hours covering the event on their publication.

Below is the press coverage; if we’ve missed any, please send to julie@finovate.com.

———

American Banker
Can an App Fix Debt Collectors’ Image? This Startup Thinks So
by Mary Wisniewski
Link
Dominant Theme at Finovate: Authentication Needs Fixing
by Penny Crosman
Link

Bank Innovation
FinovateFall, Day One: All Aboard the Mobile Train
by Phillip Ryan
Link

FinovateFall, Day Two: Tackling the Identity Problem
by Phillip Ryan
Link

Why Marketplace Lending Is Set to Boom
by JJ Hornblass
Link

Barlow Research Associates
Innovations to Excite: Business Banking Customers Benefit
by Donna Arce
Link

Beyond the Arc blog
Innovation in Financial Services—FinovateFall 2015
by Stephen Ramirez
Link

Byte Academy
Finovate History—Behind One of The Largest FinTech Conferences
Link

The Latest Fintech Innovations for Millennials
By Millennial EH
Link

Celent blog
Mobile, onboarding among dominant themes at FinovateFall 2015
by Dan Latimore
Link

Why Banks Should Pay Attention to “Assistant as an App”
by Stephen Greer
Link

Centrumpr.pl
Finanteq z główną nagrodą na Finovate w Nowym Jorku (in Polish)
Link

CSTMR
FinovateFall 2015: Day 1, Recap + 5 Highlights (and some interesting tidbits)
by Rory Holland
Link

FinovateFall 2015: Day 2, Recap + 8 Winners
by Rory Holland
Link

FierceFinanceIT
Open APIs continue to gain steam
By Renee Caruthers
Link

The Financial Brand
Account Opening and Onboarding Solutions Dominate Finovate
by Jim Marous
Link

Finextra
Reflections on FinovateFall: Mobile, Money and Millennials
by Dan Glessner
Link

The Fintech Blog
Fintech’s Zeitgeist
by Michael Halloran
Link

Forbes
5 New Tech Tools to Save Money and Invest Better
Richard Eisenberg
Link

Do-It-Yourself Securitization of Marketplace Loans with Startup Ldger
by Amy Feldman
Link

SMB Cash Advance Firm MCC, Rebranded as Bizfi, Wants to Matchmake Small Businesses and Lenders
by Amy Feldman
Link

Javelin Strategy and Research blog
FinovateFall 2015 Prequel–A Smorgasbord of Fintech Snark
by Nick Holland
Link

Ldger blog
How We Prepared for our First Finovate
by Hyung Kim
Link

Le Temps
New York, nouveau pôle d’attraction pour la fintech (in French)
by Yves Hulmann
Link

Let’s Talk Payments
BIZFI launches API and White-label Solutions to Increase Small Business’s Access to Capital at Finovate New York
by LTP Team
Link

Members Development Company
MDC Attends Finovate
Link

Money Summit
FinovateFall 2015, Day One: Live Blog
by Jon Ogden
Link

Finovate Fall 2015, Day Two: Live Blog
by Jeff Meredith
Link

New York Business Journal
Horrible banking is reimagined by these 12 N.Y.C. Fintech startups
Link

Millennial banking startup and e-commerce innovator take top N.Y.C. Finovate honors
by Michael del Castillo
Link

Next Avenue
5 New Tech Tools to Save Money and Invest Better
by Richard Eisenberg
Link

NextFin
Fintech Autumn Tour: conferences, lectures and panel discussions on the state of things
by Hartmut Giesen
Link

The Paypers
Socure introduces facial authentication solution
Link

Xignite, 21 innovators to launch the #FintechRevolution API Ecosystem
Link

Pymnts.com
Are Sound Waves the Future of Mobile Payments?
Link

FinovateFall 2015 Recap: How Fintech Companies Pitch Innovation
Link

Making the Mobile Wallet the ‘Better Way’ to Pay
Link

Why Soundpays Says Sound Waves are the Way to Pay
Link

Quisk blog
Reflections on FinovateFall: Mobile, money and millennials
by Dan Glessner
Link

TechDay News
Finovate History—Behind One of the Largest FinTech Conferences
by Emily Hunt
Link

The Latest Fintech Innovations for Millennials
by Emily Hunt
Link

WealthManagement.com
Twenty-three Wealth Management Innovations at Finovate Fall 2015
by Ryan W. Neal
Link

TheWealthNet
First the robo-adviser, now comes the digital private bank (paywall)
Link

William Mills Blog
FinovateFall 2015 Day 1: Video Recap
by William Mills and Stephen Ramirez
Link

FinovateFall 2015: Final Recap
by William Mills and Stephen Ramirez
Link

FinovateFall 2015 Interview with Steven Ramirez and David Eads, CEO of Gro Solutions
by Stephen Ramirez
Link

FinovateFall 2015 Live Blog—Day 1
by William Mills, Stephen Ramirez, and K.T. Mills
Link

FinovateFall 2015 Live Blog—Day 2
by William Mills, Stephen Ramirez, and K.T. Mills
Link

FinovateFall 2015 Morning Video Recap Day 1
by William Mills and Stephen Ramirez
Link

FinovateFall 2015 Video Interview: William Mills and CCG Catalyst
by William Mills
Link

FinovateFall 2015 Video Preview
by William Mills
Link

WMA CEO William Mills Discusses FinovateFall 2015—Video Preview
by William Mills
Link

Yodlee Interactive blog
Amazing App: How HelloWallet Improves Financial Wellness
by Jenna Cheng
Link


FinovateFall 2015 is sponsored by The Bancorp, CapitalSource, Envestnet, Financial Technology Partners, Hudson Cook, KPMG, and Zions Bank.

FinovateFall 2015 is partnered with Aite Group, American Bankers Association, Bank Innovators Council, BankersHub, bobsguide, Breaking Banks, California Bankers Association,Canadian Trade Commissioner Service, Celent, The Cointelegraph, CrowdFundBeat, ebanking news, HotWire, IDC Financial Insights, Javelin Strategy & Research, Let’s Talk Payments, Mapa Research, Mercator Advisory Group, Mergermarket, The New Economy, NYPAY, The PAYPERS, SME Finance Forum, and World Finance.

Finovate Alumni News

On Finovate.com

  • “CoverHound Completes $33 Million Series C”
  • “Trading Ticket Picks Up $4 Million in Seed Funding from Citi, Valar Ventures”

Around the web

  • Engage Financial Technology, formerly OnBudget, powers BBVA’s new ClearSpend mobile budgeting app.
  • Eastern Bank to pilot Stratos partner program.
  • PYMNTS considers BlueVine’s approach to factoring.
  • CellTrust named a finalist for Arizona Technology Council’s 2015 Governor’s Celebration of Innovation Awards.
  • SecureKey brings its SecureKey Concierge authentication and ID verification service to the U.S.
  • Temenos executive James Redfern joins eWise as Global Head of Sales.
  • Geezeo unveils new API website with revised REST API and .NET SDK.
  • ShopKeep acquires Ambur, an mPOS software specialist.
  • TIO Networks forms TIO Telecom Solutions, a new division focused on the needs of network operators.
  • ThreatMetrix experiences 50% increase in mobile volume since Sep 2014.
  • Kanto X hits $2+ billion in currency-exchange transactions.
  • Check Point and AirWatch partner to secure the future of the mobile enterprise.
  • 7-Eleven and PayNearMe launch PayNearMe Bill Pay app, a full-service bill-payment center.

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.

FinDEVr Preview: Corezoid

FinDEVr Preview: Corezoid

FinDEVr2015LogoV2DateFinDEVr Previews highlight companies presenting new developer tools, platforms and integrations at the second annual FinDEVr, 6/7 October.

Corezoid.com is a cloud operating system that allows companies to build a digital core.
Corezoid

Why it’s a must-see
Corezoid is a platform for building agile processes that are triggered by real-time events. Corezoid is a PaaS tool for creating IT solutions with the use of automata-based programming with explicit state selection. Corezoid is now available for global access on the Amazon Marketplace. Developers from all over the world can create their own digital core.


Check out more of today’s Previews:

FinDEVr Preview: Enterprise Engineering Inc.

FinDEVr Preview: Enterprise Engineering Inc.

FinDEVr2015LogoV2DateFinDEVr Previews highlight companies presenting new developer tools, platforms & integrations at the second annual FinDEVr, 6/7 October.

Enterprise Engineering Inc. (EEI) will be presenting its Trusted Network Platform, an advanced data-aggregation and -management software, consisting of both a core engine and an API. This technology drives innovation across industries enabling clients to offer leading products and services to the market, as well as gain insight from the information that is available.

EEIHomepage

Why it’s a must-see
Experience a unique, trusted data-aggregation platform that powers the client experience and digital intelligence for the top-tier financial firms. The Trusted Network flexibly addresses multichannel, multiprotocol requirements for all financial solutions. Watch as they access this real-time data via direct connect and other traditional channels.


Check out more of today’s Previews:

FinDEVr Preview: Aerospike

FinDEVr Preview: Aerospike

FinDEVr2015LogoV2DateFinDEVr Previews highlight companies presenting new developer tools, platforms & integrations at the second annual FinDEVr on 6/7 Oct.

Aerospike will present examples of projects that are best served by their decision-engine, which is a NoSQL approach. Aerospike will highlight common data-modeling pitfalls, plusses and minuses of different NoSQL solutions, and examples of hardware deployment and costs.

 

AeroSpikeHomepage
Why it’s a must-see:
Learn how internet companies—adtech, retail, and social—have built real-time decision and pricing systems based on stateless compute-nodes and a fast, scalable NoSQL data-layer. The new stack will provide access to more data (petabytes) and supports agile, innovative algorithms and libraries that allow fintech companies to build offerings.


Check out more of today’s Previews: