Thanks to all who tweeted and followed #Finovate throughout the last week’s event. On Tuesday afternoon there was enough activity to propel #finovate to the top of the trending subjects in San Francisco. Here are some of our favorites.
Author: Julie Muhn (@julieschicktanz)
Cardlytics Pulls in $40 Million
Card-linked offers platform, Cardlytics, announced last week that it has raised $40 million from undisclosed, existing investors.
The Boston-based company’s president and COO, Lynne Laube, explained that the $40 million will be used to expand its international presence. Cardlytics already has plans to launch with bank partners in Europe, Australia, Canada, and Brazil. Specific bank partners are still undisclosed.
To learn more about Cardlytics, watch its FinovateEurope 2013 demo.
FinovateSpring 2013 in the Press
Last week’s FinovateSpring 2013 received great coverage through blogs, tweets and articles. Here are the highlights:
Full conference live blogs
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Three contributors risked carpel tunnel to cover all 72 demos. Thanks to Erin McCune and William Mills III and Phillip Ryan for going the extra mile!
Bank Innovation
by Phillip Ryan
FinovateSpring recap and ratings
Day one morning recap
Day one afternoon recap
Day two morning recap
Day two afternoon recap
PaymentsViews
Live Blogging Finovate Spring 2013 San Francisco
by Erin McCune
William Mills blog
Live Blog: FinovateSpring 2013 San Francisco by William Mills III-DAY ONE
by William Mills III
Other coverage
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Affluent Strategies
What About the Overbanked?
by JP Nicols
American Banker
5 Most Intriguing Companies at Finovate
by Sean Sposito
Bank Security Top Focus at Finovate
Banno Launches Data-Analytics Marketing Feature
by Sean Sposito
Crowdfunding Startups Pose New Competition to Commercial Lenders
by Sean Sposito
EyeVerify Rolls Out Authentication Service for Mobile Banking
by Brian Browdie
GoBank to Go Live on the Fourth of July
by Sean Sposito
The Buzz at Finovate: New Security Tech
by Sean Sposito
Bank Marketing Strategy
Musings of a Finovate Virgin
by Jim Marous
Bank Systems & Technology
Digital Marketing Solutions Stand Front and Center at Finovate Spring
by Jonathan Camhi
Banking 2020
FI Spotlight: USAlliance FCU Sees Cross-Selling Success
Barron’s
Algorithms for the Masses
by Theresa W. Carey
Bloomberg Businessweek
Kabbage Expands Its Cash Advances to Brick-and-Mortars
by Patrick Clark
Celent
How to give a killer Finovate presentation
by Dan Latimore
Credit Union Magazine
Finovate Unveils Best of Show Winners
Finovate Highlights Industry’s Best and Brightest
by Steve Rodgers
Look into the Future of Finance
by Steve Rodgers
Scenes from FinovateSpring 2013
by Steve Rodgers
Credit Union Times
5 Things You Don’t Know Because You Weren’t at Finovate
by Robert McGarvey
Onsite Coverage: Finovate Crowns the Winners
by Robert McGarvey
Onsite Coverage: New Security Tools Take Finovate Stage in Numbers
by Robert McGarvey
Onsite Coverage: No Clear Winners at Finovate Day 2
by Robert McGarvey
Threat of the Week: DDoS Back at You
by Robert McGarvey
Tomorrow’s Ideas Spark Interest But Fail to Excite
by Robert McGarvey
Des Moines Register
Banno launches marketing product for banks
by Marco Santana
Ecommerce Bytes
ZooZ Lets Mobile Shoppers Tap an Ad to Buy
By Ina Steiner
FamZoo blog
My Finovate Scorecard Winners Plus Snarky Tweet Highlights
by Bill Dwight
Spend Money Like a Pop Star…Or Not: FamZoo’s FinovateSpring 2013 Demo
by Bill Dwight
Filene blog
Filene Five: Promising Products from Finovate
Finews.ch
Neues aus der Finanzwelt der Zukunft
Finextra
Banno unveils marketing tool Kernel
Forrester blog
FinovateSpring Fling 2013: Another Year of Dazzling Financial Services Delight!
by Tiffani Montez
Hotwire blog
Innovations inspire at Finovate Spring 2013
by Annette Leach
IntelliResponse blog
IntelliResponse Takes Center Stage at Finovate Spring 2013
by Dwayne Weppler
Investment News
Quantopian launches trading platform pilot program
by Davis D. Janowski
Kabbage blog
Kabbage and Intuit Partner to Fund Small Businesses!
Lisa LaMagna’s Slideshare
Finovate SF in 60 Seconds
by Lisa LaMagna
MainStreet
Kabbage Expands Small-Business Financing
by Laurie Kulikowski
Man in Ranks blog
I attended Finovate Spring in San Francisco
by Christopher Perrien
Intuit
by Christopher Perrien
Newfination
Finovate Spring 2013: Expensify Is At The Forefront Of Innovation In Business Expense Management
Finovate Spring 2013: On Finovera You Can Store Your Bills, Statements, And Financial Documents
Finovate Spring 2013: GoBank Is A New Finance Bank That Enables Smart Personal Money Management
Finovate Spring 2013: GoodApril Helps You With Your Taxes All Year Round
Finovate Spring 2013: In San Francisco At The Center Of The New Finance World
Finovate Spring 2013: Kabbage Approves And Lends Money To Small Businesses in 7 Minutes or Less
Finovate Spring 2013: Leaf.me Is A Multiprocessor Payment Platform For Merchants
Finovate Spring 2013: Prestadero Is A Mexican Peer To Peer Lending Marketplace
Finovate Spring 2013: Realty Mogul Is A Crowdfunding Platform For Real Estate Investing
Finovate Spring 2013: Refundo’s App Is For The Under and Unbanked
Finovate Spring 2013: Start A Trust Fund For Each Of Your Kids At TrustEgg
Finovate Spring 2013: Virtual Piggy Is A Safe Payments System For Your Kids to Spend their Allowance
Finovate Spring 2013: Walla.by Is A Full Service Credit Card Advisor
Newsday
Banking Up Launches at FinovateSpring, Lets Any Business Offer Customers a Trusted Alternative to Traditional Banking
PandoDaily
Finovate: Quantopian debuts live data trading for consumer quants
by Michael Carney
Pymnts.com
A VC’s Inside Look At FinovateSpring 2013
by Dan Rosen
GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
Kabbage Extends Loan Services To Offline SMBs
TipRanks Wins Best of Show Award at Finovate
TransCard Congratulates FamZoo, Winner of One of Five 2013 FinovateSpring Best of Show Awards
The Paypers
InvoiceASAP, Zebra Technologies
partner for mobile invoicing solution
partner for mobile invoicing solution
Refundo blog
FinovateSpring 2013 Trip – Demo Day
by Michael de Senna
SF Gate
ZooZ Previews “In-Ad Payments”™ at Finovate Spring
Silicon Prairie
Onstage at Finovate, Banno unveils ad platform for banks
by Danny Schreiber
TechCrunch
Mobile Payments Startup ZooZ Debuts In-Ad Payments (Yes, “Ad” Not “App”)
by Sarah Perez
VentureBeat
Expensify takes on Freshbooks with invoicing & billing features
by Sean Ludwig
Kabbage expands its loans business, now supports Quickbooks
by Christina Farr
Y Combinator Blog
LendUp (YC W12) wins Finovate 2013 Best in Show for consumer loan platform to help the underbanked build credit
We’ll continue to add coverage throughout the next few weeks. If you have FinovateSpring press coverage you would like to add, please email the link to julie@finovate.com.
FinovateSpring 2013 Best of Show Winners
After the final demos wrapped up on two fintech-packed days at FinovateSpring 2013, the audience voted for their favorite demos to ultimately decide who would be named Best of Show. The overall top five took home the trophies.
The winners (in alphabetical order):
FamZoo, for its prepaid card family pack
LendUp, for its LendUp Ladder loan platform that helps the underbanked build credit
MoneyDesktop, for its Target and Insight back-end data analytics and marketing platform
PayNearMe, for launching the white-labeled version of its cash-dpayments platform
TipRanks, for its solution that brings transparency to individual investors, helping investors decide who to trust
We’ll have the videos of all 72 demos posted on Finovate.com in a few weeks.
Thanks to everyone who joined the audience and came to be a part of our largest show so far. And thanks to the 77 innovators* who braved the Finovate stage.
——————————————————————
*Five demos hosted a co-presenting company, including Visa, MasterCard, USAlliance Credit Union, Intuit, and Paydiant
Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The five companies appearing on the highest percentage of submitted ballots were named Best of Show.
5. Go here for a list of previous Best of Show winners.
FinovateSpring 2013 Best of Show Winners
After the final demos wrapped up on two fintech-packed days at FinovateSpring 2013, the audience voted for their favorite demos to ultimately decide who would be named Best of Show. The top 5 overall took home the trophies.
The winners (in alphabetical order):
FamZoo, for its prepaid card family pack
LendUp, for its LendUp Ladder loan platform that helps the underbanked build credit
MoneyDesktop, for its Target and Insight back-end data analytics and marketing platform
PayNearMe, for launching the white-labeled version of its cash payments platform
TipRanks, for its solution that brings transparency to individual investors, helping investors decide who to trust
We’ll have the videos of all 72 demos posted on Finovate.com in a few weeks.
Thanks to everyone who joined the audience and came to be a part of our largest show so far. And thanks to the 77 innovators* who braved the Finovate stage.
——————————————————————
*Five demos hosted a co-presenting company, including Visa, MasterCard, USAlliance Credit Union, Intuit, and Paydiant
Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The five companies appearing on the highest percentage of submitted ballots were named Best of Show.
5. Go here for a list of previous Best of Show winners.
Prestadero’s Peer-to-Peer Lending Platform Places Borrowers in Complete Control
This is a part of our live coverage of FinovateSpring 2013.
Closing out FinovateSpring for us this afternoon,
Prestadero demoed its peer-to-peer lending platform:
“Prestadero uses its proprietary management software to originate loans in an extremely efficient way. Our platform allows us to parse out declined loans in seconds and determine rates for approved loans in less than 1 minute.Our web interface allows lenders to view their entire portfolio in detail. Lenders can also view specific graphs and scorecards that allow them to make better investment decisions, even if they are not investment professionals. We provide lenders with tools, such as our “diversification index,” which quickly and comprehensively lets them know their risk exposure depending on the diversification of their loans. Our software also enables lenders to select multiple loans at once by filtering through the user’s selected criteria. They can also choose to reinvest their returns based on the same or a different set of criteria.Through their online account, borrowers have full control over their loan’s entire process, from filling out the application to paying it off completely. We also charge the borrower’s bank accounts directly when their payments are due, diminishing delinquencies and providing a better service for our customers. The entire process is streamlined and coded with peer-to-peer finance in mind, reducing human interaction on the back-end of the technology and providing more accurate, up-to-date information on our front-end.”
Product Launch: June 2012
HQ: Mexico City, Mexico
Founded: April 2011
Metrics: 4,000+ registered users, $70M pesos in loan requests, $400K raised
Website: prestadero.com
Twitter: @prestadero
Presenting Gerardo Obregon (CEO & Founder) and Alejandro Ramos (Partner)
Plastyc Demos the Backend of its BankingUP Platform
This is a part of our live coverage of FinovateSpring 2013.
Next up this afternoon, Plastyc showed off the administrator-facing side of its BankingUP platform:
“Plastyc is demonstrating the administrator-facing side of the BankingUP platform, allowing issuing banks and program managers to:
- Monitor and analyze cardholders’ financial activity in real time;
- Monitor and analyze cardholders’ non-financial activity; e.g., usage of mobile apps and web, customer support interactions;
- Communicate instantly with programmable subsets of cardholders via web inserts and smartphone push notification for marketing/upselling and product alerts.
This is a departure from traditional batch mode financial-transactions only reporting obtained from processors.”
Product Launch: November 2012
HQ: New York, NY
Founded: 2006
Metrics: 5K direct-to-consumer opened to date; platform deployed for a 3M card portfolio; 10 employees; $10M raised so far
Website: plastyc.com
Twitter: @ibankup
Presenting Patrice Peyret (CEO) and Colette Oliver (Director, Marketing)
Tradeslide Launches the Tradeslide Challenge to Gamify the Learning Process for Traders
This is a part of our live coverage of FinovateSpring 2013.
Third up this afternoon, Tradeslide launched the Tradeslide Challenge:
“The Tradeslide Challenge is a gamified learning process where traders compete to develop the skills that make up a solid trader (risk management, discipline, etc.), in the right order, one badge at a time.”
Product Launch: May 2013
HQ: London, England
Founded: March 2012
Metrics: €900,000, 10 employees, 1,000 pre-registered users, 2,000 unique visitors/month pre-launch
Website: tradeslide.com
Twitter: @tradeslide
Presenting Juan Colón (CEO) and Javier Colón (COO)
Micronotes Showcases Real Results from its Cross-Sell Solution
This is a part of our live coverage of FinovateSpring 2013.
Second up this afternoon, Micronotes showcased its Cross-Sell solution through one of its customers:
“Micronotes Cross-Sell is simply the most productive digital cross-sell tool on the market. One of our customers is demonstrating this by showing the product, sharing results and explaining what those results mean to his financial institution.”
Product Launch: July 2011
HQ: Cambridge, MA
Founded: June 2008
Metrics: $3.4M raised to date; 8 employees
Website: micronotes.com
Twitter: @micronotes
Presenting Ariel Taylor (Product Manager) and Kris VanBeek (CEO, USAlliance Credit Union)
Persint Debuts Consumer Analytics Application
This is a part of our live coverage of FinovateSpring 2013.
Starting off the final session today, Persint debuted its consumer analytics application:
“Persint’s consumer analytics application integrates with account aggregation and is designed to complement existing PFM. Leveraging public data sources mapped to conform to aggregation categorization, Persint delivers performance context through comparison to U.S. household peers.Just five demographic inputs can segment a household into one of over 100 unique peer groups. Other solution features include:
- performance navigation through color-coded decision trees
- data representative of all U.S. households
- local cost of living adjustments
- alternative peer group formation
- composite score based on net worth, cash flow and risk management
- performance classification and scoring system
- solution mapping of opportunities to actions”
Product Launch: September 2013
HQ: Atlanta, GA
Founded: March 2012
Metrics: Privately held, self-funded and seeking investment; 2 principals leveraging contractors; pre-launch and pre-revenue
Website: persint.com
Twitter: @persint
Presenting Steve Cotton (CEO & Founder) and Curry Pelot (CIO & Co-Founder)
ValidSoft Uses “SMART” Technology to Protect Mobile Payment and MBanking Transactions
This is a part of our live coverage of FinovateSpring 2013.
Then, ValidSoft took the stage to demo its Secure Mobile Architecture for Real-time Transactions, SMART:
“ValidSoft’s SMART platform caters for the disparity in mobile networks and devices, use cases and the corresponding transactional risk intrinsic in mobile payment applications. SMART achieves this by providing a layered architecture of voice and mobile network‐based security protocols and technologies, both visible and invisible, to protect mobile payment and M‐banking transactions alike.”
Product Launch: February 2011
HQ: London, United Kingdom
Founded: 2003
Website: validsoft.com
Twitter: @ValidSoft
Presenting John Petersen (Global Head of Business Development) and Emmanuelle Filsjean (Global Head of Marketing)
Cymonz Enables Financial Institutions to Integrate Currency Exchange and International Payment Services Into Their Platform
This is a part of our live coverage of FinovateSpring 2013.
Next, Cymonz demoed how its software can enable financial institutions to integrate currency exchange and international payments services into their platform:
“The Cymonz application includes a client transactional website and the back office management application with specific currency and international payment business processes, customization and integrations. The application addresses a wide spectrum of needs, including client management, currency transactions, risk management, settlements and compliance.Cymonz integrates with third party applications and can be configured to allow for liquidity, payments, customer service as well as anti money laundering, marketing and support tasks.iOS and Android applications are also available along with the ability for you to white label your currency application and provide it to your partners to increase currency and payment flows.”
Product Launch: July 2012
HQ: Christchurch, New Zealand
Founded: January 2012
Website: cymonz.com
Presenting Simon Lynch (CEO)
