FinDEVr Live: OnDeck’s APIs Connect Your Small Businesses Customers with Financing

FinDEVr Live: OnDeck’s APIs Connect Your Small Businesses Customers with Financing

OnDeckHomepage

ondeck.com | ondeck.com/blog | @ondeckcapital

OnDeckLogoOnDeck (NYSE: ONDK) is a leading platform for small business loans. Using advanced lending technology and analytics, OnDeck assesses small business creditworthiness based on actual operating performance and not solely on personal credit. Small businesses can apply online for a line of credit or term loan in minutes, get a decision immediately, and receive funds as fast as the same day. Since 2007, OnDeck has deployed more than $3 billion to small businesses nationwide.

Fueling small business growth through technology innovation
An overview of OnDeck’s technology platform and how our desktop and mobile innovations have not only transformed small business lending, but also enabled other companies to better serve their small business customers. OnDeck’s proprietary technology platform is powering the growth of small business. We have sophisticated and scalable APIs to enable financial institutions, payment processing companies and other small-business service providers to connect their small-business customers to the financing they need to grow.

Key takeaways:

  • Small business loans
  • Credit technology
  • OnDeck’s sophisticated APIs

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Presenter:
Pamela Rice, SVP Technology
LinkedIn | @pamela7rice
Rice has served as OnDeck’s senior vice president of technology since March 2014. Prior to joining OnDeck, Rice was an early senior technologist and led credit-product development at Bill Me Later Inc., from July 2005 until it was acquired by PayPal Inc., a subsidiary of eBay Inc., in October 2008. She led credit underwriting, including global credit technology at PayPal Inc., from October 2008 to February 2014. Rice holds a bachelor of arts degree from the University of Hawaii, a master of science in information systems from Johns Hopkins University and an executive M.B.A. from Loyola University.

Alberto Silveira, Mobile R&D Lead, Software Development

FinDEVr Live: Yodlee Interactive and its Rapid Development Kit

FinDEVr Live: Yodlee Interactive and its Rapid Development Kit

YodleeHomepage

interactive.yodlee.com | blog.yodleeinteractive.com | @YIDeveloper

YODLEE_logo_FINAL_RGBYodlee Interactive is focused on making the Yodlee platform available everywhere value can be created by entrepreneurs, partners, and developers to build digital financial apps and services. As the architects of a new digital ecosystem, Yodlee Interactive optimizes the wisdom of the financial technology crowd to create, catalyze, and distribute innovations faster through an open and secure data API. Used by hundreds of companies, both small and large, Yodlee Interactive is the horsepower behind today’s coolest and most personalized digital experiences. Yodlee is headquartered in Redwood City, California. For more information, visit yodleeinteractive.com.

Drive financial innovation faster with Yodlee financial data platform and Rapid Development Kit (RDK)
Yodlee Rapid Development Kit (RDK) is the easiest and fastest way to build financial innovation with Yodlee and third-party-developed micro-components and services. Connect and engage your customers on any digital channel with Yodlee’s most powerful financial data and Yodlee RDK. Yodlee RDK helps fintech developers with faster life cycle development by taking advantage of reusable micro components that can be easily integrated into their app on any digital channel. Using standard web technologies like HTML, JavaScript, CSS and web components, it can seamlessly integrate into any technology stack.

Key takeaways:

  • How to innovate faster with visual drag-and-drop toolkit
  • Increase developer productivity by writing less code and focusing on your core competency

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Presenters
Elizabeth Gunderson, Senior Manager, Customer Success, Yodlee Interactive
LinkedIn | @elizabethgundy | egunderson@yodlee.com | 650-980-3742
Gunderson, an accomplished senior manager on the Yodlee Interactive Customer Success team, has been with Yodlee for five years. She has an extensive background in tech, sales, and customer relationships and has helped YI grow its API offering to its rapidly growing customer base. Elizabeth is responsible for a number of YI tier-one customers, managing the relationships from a business level and helping to grow customer solutions from start to success.

Deven Maru, Senior Product Manager—Mobile Platform, Yodlee Interactive
LinkedIn | @devenma | dmaru@yodlee.com | 650-980-3628
Maru is the senior product manager of mobile platform at Yodlee. As part of the Yodlee platform team, he is responsible for Yodlee FastLink mobile platform. With more than 15 years’ experience in enterprise software, consumer internet, financial services and technology, Maru drives vision and delivery of Yodlee FastLink, mobile platform and new innovation initiatives to make it easier than ever to manage finances and interact with Yodlee platform.

MX Lands $4 Million from CheckFree Founder Pete Kight

MX Lands $4 Million from CheckFree Founder Pete Kight

MXhomepage

Just days away from its presentation at the FinDEVr developer conference next week, MX received a $4 million investment from CheckFree founder, Pete Kight.PeteKightIMG

Following this investment, Kight (pictured right) will join MX’s board of directors and will serve as an adviser to the company’s CEO, Ryan Caldwell.

Today’s investment brings the Utah-based company’s total raised to $54 million. In April of this year, USAA led MX’s most recent round, totaling $30 million. Prior to that, in November of 2014, it pulled in $20 million in seed funding.

MX, formerly known as MoneyDesktop, offers data aggregation, data cleansing, auto-categorization, classification, money management, custom APIs, data analytics, and marketing to help more than 550 financial institutions serve up a better user experience.

MX is one of 64 companies that will present its latest tools and APIs to a crowd of developers at FinDEVr in San Francisco next week. Brandon Dewitt, CTO of MX, will lead a presentation titled, How You Build Something Is More Important Than What You’re Building. Tickets for FinDEVr are available through early next week.

The company, founded in 2010, last demoed at FinovateFall 2014 in New York. Check out the video below.

FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusive for fintech developers, FinDEVr 2015, 6/7 October (just a few days away!) in San Francisco.

Developer news

  • “Thomson Reuters considers how APIs are changing the fintech narrative”

The latest from upcoming FinDEVr 2015 presenters

  • FinDEVr San Francisco 2015 Presenters All Mapped Out.
  • PayPal unveils its chip-card reader in the U.S.
  • Hyperwallet counts down to next week’s FinDEVr developer conference.
  • Munich-based Fidor Bank Launches in the U.K.
  • OnDeck partners with Association for Enterprise Opportunity to facilitate up to $10 million in small-business loans.
  • Aerospike releases version 3.6 of its NoSQL operational database.
  • TechCrunch: Klarna adds American Express as a partner.
  • Emerging Payments Awards selects Hyperwallet as a finalist for the Best Corporate/Government Payments Program award for 2015.
  • Braintree and PayPal reflect on their two-year anniversary.
  • CNET features Personal Capital in a look at investment in robo-advisers.
  • Kaspersky’s blog mentions Twilio’s Authy as a way to protect your ID on a smartphone.
  • Avalara announces the availability of a benefits program exclusively for U.S. QuickBooks ProAdvisors® and their clients.
  • Celent advises banks to be more like Fidor Bank in order to remain relevant.
  • The Neutral Internet Exchange NL-ix will use Interxion Cloud Connect to connect to Microsoft Azure as a part of its new cloud connectivity services.
  • MX Lands $4 Million from CheckFree Founder Pete Kight.

Alumni updates

  • Xero surpasses milestone of 100,000 subscribers in the U.K.

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

Demo Videos from FinovateFall Now Available

Demo Videos from FinovateFall Now Available

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If you had a case of “Fintech FOMO” last week because you were stuck in the office while everyone else was at FinovateFall, today is your day!

We’re releasing all demo videos from this year’s event in our video archives. Feel free to watch them 7 minutes at a time or binge watch all 70. Either way, you’ll find a variety of new technology.

To get started, check out the eight Best of Show winners:


Blockstack.io

 


Dyme

https://finovate.wistia.com/medias/gzco94t0yr

 


Dynamics

 


Finanteq

 


Hedgeable

 


HelloWallet

 


SaleMove

 


Soundpays

Thanks once again to those who braved the Finovate stage, and for all who attended—we couldn’t do this without you. We’ll see you at FinovateFall 2016!

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.