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Lodo Software, creator of D3 Banking digital banking services, has recently padded its bank account. The Nebraska-based company announced yesterday that it brought in $3 million.
Invest Nebraska and Treetop Ventures contributed the funds, which will be used to bolster sales and marketing efforts and develop more products.
Since launching in 2007, the company has brought in more than $9 million.
Lodo Software debuted D3 Banking at FinovateSpring 2013. Check out the demo here.
BillGuard, the startup that alerts consumers of incorrect charges, has taken its platform to a new level today with the launch of analytics and deals features on its iPhone app.
Its self-titled Smart Money App has two new features:
The launch of this update marks BillGuard’s transitions from a reactive financial management approach to a proactive one. Since users log into the New York-based company’s app an average of four times per week, it is hoping to make financial management a steady habit.
BillGuard’s app has consistently been listed in the top 20 free apps in the finance category. Check out Netbanker’s coverage here.
BillGuard launched BillGuard FI at FinovateSpring 2012. Check out the demo video here.
Iowa State student creates PayHere (for Dwolla) with startup’s API demo.Atos to become preferred partner for one of the largest Islamic banks in the world for their solution based Backbase.BancBox, a company that provides payment processing APIs, announced some metrics about BancBox Invest, its product that helps online crowdfunding portal companies manage payments.
BancBox Invest, which launched three months ago, targets debt, equity, and revenue share models. Here are some stats it shared, three months into operation:
According to TechCrunch, the parent platform BancBox:
“manages $100 million in consumer deposits daily in nearly 200,000 individual accounts. Its transaction volume has increased 100 percent to nearly $2 billion annually.”
BancBox demonstrated at FinovateSpring 2012 where it showcased its payments platform.
Since its inception, global mobile payments company Boku has raised a total of $75 million from investors like Andreessen Horowitz and Khosla Ventures.
Now the California-based company is putting some of that cash to use with its recently announced acquisition of Qubecell, an India-based mobile billing aggregator.
In India’s fragmented carrier billing market, Qubecell is the biggest player in the nation, and has partnerships with 4 of the countries’ largest carrier networks, which have the potential to reach 75% of the mobile phone users in the nation.
According to TechCrunch, the acquisition, which is Boku’s first, will not only help it move into the India market, but will also give it access to Qubecell’s engineering talent. It also opens the door to additional global markets such as Asia and the Middle East.
The terms of the deal were not disclosed.
Boku took the stage at FinovateEurope 2011 where it demonstrated its mobile payment service.
Finovera, the platform that serves as a single place where consumers can manage their online bills and accounts, is launching out of private beta this week.
The free platform aggregates consumers’ bill payments from more than 10,000 billers to provide a single place where they can access and pay their bills. Some of the features include:
It also provides users with a view of trends and analytics from their accounts and will alert them when bills are higher than average.
The service is similar to doxo and Manilla.
Finovera debuted at FinovateSpring 2013. Check out the live demo here and sign up for your own account here.
Enterprise Platform-as-a-Service provider, Apprenda, announced it has raised some major funding today. The New York-based company raised $16 million in a Series C round from three investors.
Safeguard Scientifics led the round, and existing investors Ignition Partners and New Enterprise Associates also contributed.
While Apprenda’s customer list already includes 13 of the world’s top 20 banks, as well as a number of Fortune 500 companies, it plans to use the round to further increase adoption of its Platform-as-a-Service.
The new round brings Apprenda’s total funding to $32 million.
Apprenda debuted at FinovateFall 2013. Check out its demo video here.
Moven launches Android app.
In 2011, Financeit began providing point-of-sale funding options for small businesses to offer their customers. Today it announced it has raised $13 million to bolster this unique business model.
Investors include:
The Toronto-based company, which has almost 3,000 merchants processing more than $500 million in loan applications on its platform in Canada, will use the funds to begin its expansion into the U.S.
At FinovateFall 2013, Financeit launched its platform on the iPad, which enables merchants to capture customer information by photographing the customer’s drivers license using a tablet or smartphone. Check out the demo video here.
Billhighway listed as one of the 100 Best & Brightest Companies to Work for.
In a mobile and connected world, Virtual Piggy has found a way to reach a previously excluded demographic. With its digital wallet, children under the age of 18 can now make transactions online. Recently, Virtual Piggy launched a new iPhone app to make tracking those transactions even easier. It previewed the app at FinovateSpring in May of this year and it is now live in Apple’s app store.
Right now, the app is focused on kids and teens. Some of the features for this user group include:
Capability for parents will supported in the next release.
Wallet homescreen
The California-based company also has an app in the Google Play store. It was launched in July of this year and while the capabilities are similar to the new iOS 7-optimized app, the design is far different:
Virtual Piggy debuted its mobile app at FinovateSpring 2013. Check out the demo video here.
