Author: Julie Muhn (@julieschicktanz)

Finovate Alumni News– June 21, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, CurrencyFair, LendUp, Locaid, Metaforic, Monitise, Pindrop Security, QuantConnect
  • Finovate-F-Logo.jpgBraintree opening office in Sydney, Australia, that will cater to developers and startups.
  • Monitise named winner in the Inspire Wales Awards.
  • Pindrop Security raises $11 million led by Andreessen Horowitz and Citi Ventures.
  • Metaforic wins American Technology Award for Cyber Security.
  • New Business interviews CurrencyFair founders on saving money when making foreign currency transactions.
  • Biz Report’s Mobile Marketing column features 3 tips to improve location-based campaigns in an interview with Locaid CEO, Rip Gerber.
  • INTJ Capital takes a look at QuantConnect’s announcement that it has added historical FX and US equity tick data.
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.

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Finovate Alumni News– June 20, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Andera, Better ATM Services, Bill.com, Check, Geezeo, Intuit, Lending Club, Prosper, SafetyPay, Wallaby Financial
  • Finovate-F-Logo.jpgTitan Bank and Congressional Bank now buying loans through the Lending Club platform.
  • Nexonia integrates its expense reports solution with Bill.com.
  • Mexican Airline Volaris adds SafetyPay to payment method options.
  • Prosper reduces maximum loan percentage to 50% for investors in any one loan.
  • Geezeo signs Corporate America Family Credit Union.
  • Andera’s oFlows platform will be the new account opening technology for Intuit’s financial institution clients.
  • Check (formerly Pageonce) announces expedited payments.
  • Consumer Reports takes a look at the growth of Better ATM Services.
  • Wallaby releases version 2.0 for iPhone with new interface, Foursquare integration.
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.

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Pindrop Security Raises $11 Million Led by Andreessen Horowitz and Citi Ventures

By Julie Muhn (@julieschicktanz) Posted on
Categories: Pindrop Security

pindropLogo.jpg

Pindrop Security, a startup that aims to stop caller ID fraud, announced today that it has received $11 million from Andreessen Horowitz and Citi Ventures.

Other investors contributing to Pindrop’s Series A round include:

The Atlanta-based company plans on using the funds to add resources in engineering, operations, and sales and marketing in the U.S., Canada and Europe in order to better meet customer demand.

Scott Weiss, General Partner for Andreessen Horowitz, has joined Pindrop’s board.

To learn more about Pindrop Security, watch its FinovateFall 2012 demo.

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Finovate Alumni News– June 19, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arxan Technologies, Better ATM Services, Dwolla, eDeposit, Ixaris, Kashoo, LICUOS, mBank, Meniga, MicroStrategy, Personal Capital, Ping Identity, QuantConnect, Simple, Zopa
  • Finovate-F-Logo.jpgBRE Bank, operator of mBank launches “new mBank”, which is based on Meniga´s PFM.
  • U.S.-based life insurance carrier expands use of Kofax solutions by investing an additional $550k to automate document processing.
  • Personal Capital introduces new dashboard features.
  • Bank Innovation visits Dwolla’s new office in NYC.
  • The Next Web reports: Simple launches its Goals feature on the iPhone.
  • Ping Identity named in IDG’s Computerworld 2013 Best Places to Work in IT.
  • Zopa cuts personal loan rate to 4.9%.
  • QuantConnect adds FX, US equity tick data; raises capital.
  • MicroStrategy to partner with Hortonworks to improve Apache Hadoop usability.
  • ixaris shows off its new look and rebranding.
  • Web AppStorm reviews Kashoo’s cloud-based accounting technology.
  • eDeposit teams up with DoubleBeam to integrate mobile account enrollment and eCheck deposits into eDeposits mobile payment network.
  • LICUOS named a finalist in the Next Bank Madrid – Innotribe Startup Disrupt.
  • Fox Business News features Arxan CEO Mike Dager on mobile banking security.
  • Better ATM Services CEO Todd Nuttall talks about the “real lessons” from the Cyprus financial crisis.
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.

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Finovate Alumni News– June 18, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Currensee, Entrepreneurial Finance Lab, EyeVerify, ID Analytics, Intuit, Q2ebanking, Realty Mogul, SecureKey, ShopKeep POS, SimpleTuition, TransferWise, VoiceTrust
  • Finovate-F-Logo.jpgID Analytics and IdentityMind partner to reduce online fraud and stop merchant account creation fraud.
  • SimpleTuition adds 10 U.S. colleges as partners.
  • United Texas Bank selects Q2ebanking platform to accelerate unified virtual banking for anytime anywhere access.
  • SecureKey and Intel beef up authentication for MasterPass.
  • ShopKeep POS grows To 6.5K+ merchants.
  • Fairwinds Credit Union chooses Intuit for digital banking.
  • Realty Mogul and Entrepreneurial Finance Lab selected as 2 of 5 SWIFT Innotribe finalists of Startup Challenge New York.
  • Bank Innovation features how Entrepreneurial Finance Lab and VoiceTrust can combine psychographics and biometrics to revolutionize financial services.
  • ForexSmash reviews Currensee Social Trader.
  • Kansas City Business Journal profiles EyeVerify founder and CEO Toby Rush.
  • GigaOM Pro Blog takes a look at TransferWise through the lens of traditional Hawala informal money transfer networks.
  • My Money Blog reviews Realty Mogul and the concept of fractional investment property ownership.
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.

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Finovate Alumni News– June 17, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Banking Up, BillGuard, EZBOB, FreeAgent, Geezeo, Lendio, Plastyc, Realty Mogul, Stockr, TrustedID, Virtual Piggy
  • Finovate-F-Logo.jpgVirtual Piggy grows to over a quarter million users.
  • TrustedID launches new service to help protect AARP members from identity theft.
  • Lendio launches new small business resource center to give business owners access to products and services to help grow their businesses.
  • Geezeo advances social finances by launching Friend and Feed tools.
  • FreeAgent launches Invoice-o-matic, a free online invoicing tool for small businesses and entrepreneurs.
  • EZBOB announces new, 12-month business loan with decreasing rate over term.
  • Realty Mogul featured in Herald-Tribune column on bringing real estate investing “to the masses.”
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.

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Finovate Alumni News– June 13, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: ayondo, Bolstr, Capital Access Network, Cardlytics, CommunityLend, Finect, Flint Mobile, Keynote DeviceAnywhere, PayPal, Placecast, SeedInvest, TransferWise, Zopa
  • Finovate-F-Logo.jpgZopa Safeguard now has 15,000 users and has had £16m lent on platform. Zopa reaches £300m in money lent to borrowers in the UK.
  • Bank Innovation reports: Cardlytics Has 33 Million Active Users at 400 Banks.
  • Inc. Magazine creates infographic of how to select the right crowdfunding platform. Bolstr and SeedInvest among choices.
  • CommunityLend’s FinanceIt partners with Pivotal Payments, a credit card payment processing company, to enable merchants to process loans directly at the POS.
  • Capital Access Network opens new facility in Lindora, Costa Rica to support growth.
  • Finect president Jennifer Openshaw talks networking for financial professionals on MarketWatch Radio.
  • Street Fight Mag includes Placecast among its “5 Tools for Point of Interest Geo-Targeting”.
  • TransferWise launches GetPaid to make it easier to get compensated when working with international clients and partners.
  • Developer Tech features Keynote Systems’ CEO Umang Gupta.
  • Point of Sale highlights Finovate alumni Flint Mobile and PayPal.
  • Social Trading Guru reviews ayondo 3.0.
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.

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Finovate Alumni News– June 12, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BellaDati, Budgetpulse, Cardlytics, DeviceFidelity, Digital Mailer, Locaid, Mint.com, OpenCoin, Personal Capital, SecureKey
  • Finovate-F-Logo.jpgSan Diego County Credit Union launches Cardlytics’ card-linked marketing platform.
  • Newfination: Bill Harris talks about Personal Capital’s new funding round and the issue of continuity.
  • SecureKey’s briidge.net DNA security software and authentication service have been integrated with MasterCard’s MasterPass.
  • BellaDati selects Chicago as its U.S. Headquarters.
  • CEO and co-founder of OpenCoin, Chris Larsen, writes about Bitcoin and “the future of money.”
  • Mint, BudgetPulse listed among budgeting options in column on digitizing your finances.
  • DigitalMailer signs technology and marketing partnership with CoreTrack.
  • Locaid closes $4 million funding round.
  • DeviceFidelity partners with Susan G. Komen Dallas County via moneto Prepaid MasterCard program.
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.

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Finovate Alumni News– June 11, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Affinity Solutions, ayondo, CashStar, Green Dot, Keynote DeviceAnywhere, Kofax, MiiCard, Mitek, Narrative Science, TIBCO Software

Finovate-F-Logo.jpg

  • miiCard partners with authentication company, Toopher, to help users and businesses more effectively fight fraud and secure new services online.
  • BBVA Compass deploys Mitek’s Mobile Photo Bill Pay.
  • TIBCO Software acquires StreamBase Systems.
  • Kofax issued patent that covers sending receipt confirmation for a fax.
  • AU Arts Hub profiles Narrative Science’s approach to journalism.
  • Cashstar announces patent for virtual gift card technology.
  • Keynote brings MITE Enterprise, DeviceAnywhere Enterprise to UFT users.
  • Green Dot to acquire Walmart’s reloadable prepaid card business, MoneyCard.
  • Affinity Solutions raises more than $21 million.
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.

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Finovate Alumni News– June 7, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arxan Technologies, Betterment, Boku, Dynamics, Emida, Kofax, Mint.com, Mitek, Personal Capital, ReadyForZero, SimpleTuition, TipRanks, TransferWise, Xero, Zooz
  • Finovate-F-Logo.jpgXero and Stripe partner to simplify online payments for small businesses.
  • Bank Innovation reports: Mitek Launches V 2.0 of Mobile Photo Bill Pay solution.
  • Boku teams with PlayJam to bring mobile payments to smart TVs.
  • SimpleTuition partners with College Parents of America to bring student loan and loan comparison insight from SimpleTuition its members.
  • Creditnet.com ranks the Best Personal Finance Software of 2013 (So Far): 1) Personal Capital, 2) Mint.com 3) ReadyForZero.
  • Emida adds Colombia to list of operating countries.
  • Kofax launches Analytics for Capture business intelligence solution.
  • Pymnts.com interviews TransferWise co-founder Kristo Kaarmann.
  • RightStartups takes a look at Betterment as a “new concept in a very traditional industry.”
  • Dynamics launches “Everything Else is Just Plastic” TV Ad.
  • TradeBox Media reviews Zooz’s retail app plug-in.
  • International Business Times looks at how Arxan’s technology is used to protect mobile banking apps from attacks.
  • Newfination interviews Uri Gruenbaum, co-founder and CEO of TipRanks.
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.

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Quill-Creator Narrative Science Partners with In-Q-Tel to Bring its Natural Language Reports to Government Intelligence Agencies

By Julie Muhn (@julieschicktanz) Posted on
Categories: Narrative Science, Personal Capital

NarrativeScienceLogo2.jpg

Narrative Science, the maker of Quill, announced yesterday it has reached a partnership and technology development agreement with In-Q-Tel.

As a part of the agreement, Narrative Science will tailor a version of Quill, a system that uses big data to generate natural language reports, to meet the needs of In-Q-Tel’s U.S. government intelligence customers.

The terms of the agreement were undisclosed.

QuillIMG.jpg

Currently, Forbes uses Quill’s engine to generate earnings reports and previews. Additionally, Personal Capital recently partnered with the Chicago-based startup to generate written reports with personalized insights and advice for wealth management clients.

To learn more about Narrative Science’s Quill, watch its FinovateSpring 2013 demo.

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Personal Capital Brings in $25 Million to Grow its Wealth Management Platform

By Julie Muhn (@julieschicktanz) Posted on
Categories: Personal Capital

PersonalCapitalLogo9.11.jpg

Online wealth management platform, Personal Capital announced it has received $25 million in Series C funding.

The financing comes from existing investors:

  • Institutional Venture Partners (IVP)
  • Venrock

New investors also joined in:

    • Crosslink Capital, which led the round
    • BlackRock

All investors except BlackRock sit on Personal Capital’s board.

This new installment brings Personal Capital’s total funding to just over $52 million.

PersonalCap25Mil.jpg

Since the first of this year, the Redwood City-based startup has:

    • Doubled the number of users, now at 200,000
    • Doubled the amount of assets tracked, now at $20 billion
    • Doubled the number of paying clients, now at 700

Additionally, Personal Capital reports it’s managing $200 million in assets from those 700 paid clients.

To learn more about Personal Capital, watch its FinovateFall 2012 demo.

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