Finovate Alumni News– July 17, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgForbes features Tuition.io’s student loan platform. Come see Tuition.io’s live demo at FinovateFall in NYC.
  • Alfa Insurance chooses Kony to power features of its mobile app.
  • Killerstartups features the planwise story and their success at FinovateFall 2011.
  • MSN Money compares CurrencyFair and competitor, Azimo. Come see CurrencyFair’s live demo at FinovateFall.
  • Cartera Commerce named Global 250 Top Private Company for second consecutive year.
  • Actiance integrates Socialite platform and Salesforce.com to help companies track and monetize social media conversations. Come see Actiance at FinovateFall September 12 and 13.
  • SafetyPay, launches mobile version of service available to mobile shoppers internationally.
  • NPR features Silver Tail Systems, discusses how In-Q-Tel gives it the CIA’s seal of approval.
  • Check Point Software Technologies taps the power of virtualization to simplify security for private clouds.
  • Des Moines Register staff blog reports Dwolla CEO, Ben Milne, spreads his mobile payments message at TEDxDesMoines.
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.

Xero Integrates with ADP to Give Users Ability to Conduct Payroll Activities

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Cloud-based accounting program, Xero, announced today it has integrated with ADP payroll services.

This enables customers to conduct payroll activities, not strictly accounting, through Xero. Jamie Sutherland, U.S. President of Operations, states that the integration is done using Xero’s API and will be an “add-on” for Xero users.

According to PandoDaily:

“They’ve been working on integrating the services for six to eight months and as Jamie Sutherland says, ‘it’s a real coup’.”

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To learn more about Xero, watch its FinovateSpring 2011 demo.

Finovate Alumni News– July 16, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZions Direct reviews Wall Street Survivor.
  • Braintree partners With Spreedly to provide payment gateway services.
  • Braintree hires Juan Benitez as CTO & SVP of Product and John Sturino as VP of Product.
  • Tech News Daily features Dashlane. Come see its live demo at FinovateFall Sept. 12 and 13.
  • ROXO adds Virtual Piggy as payment solution.
  • Intuit listed in top 10 in India’s Best Companies to Work for 2012.
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.

SmartStops BrokerLink Service Available to TradeKing Clients

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Earlier this week, online broker TradeKing announced that the BrokerLink service from SmartStops.net is now available for its clients.

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Using TradeKing’s API, SmartStops has made it possible for clients to synchronize their SmartStops portfolio with their TradeKing brokerage account.

TradeKing clients interested in the service can create an account by visiting the special offer page on SmartStops.net.

TradeKing demoed at FinovateStartup 2008. Check out the demo here.

The Currency Cloud Closes $3.1 Million in Funding

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Cloud-based currency conversion startup, The Currency Cloud announced a round of $3.1 million (£2 million) from Notion Capital yesterday.

This comes after a $4 million (£2.5 million) round from Atlas Venture and the Anthemis Group in March of this year, bringing the London-based startup’s total funding up to $7 million.

As a part of this investment round, Notion Capital partner, Jos White will join Sean Park from Anthemis and Fred Destin from Atlas, on The Currency Cloud’s Board.

To learn more about The Currency Cloud, come to FinovateFall 2012 in New York to watch its live demo. Get your ticket here.

Finovate Alumni News– July 13, 2012

  • Huffington Post features ImpulseSave. Come see their live demo at FinovateFall September 12 and 13.
  • SmartStops BrokerLink Service available to TradeKing Clients.
  • The Currency Cloud closes $3.1 million in funding. Come see its live demo at FinovateFall in New York.
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.

Wipit and Punchcard Form Partnership

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Cash-based mobile payments solution, Wipit, announced today that it has partnered with Punchcard, a local shopping app through which users can earn rewards.

Wipit will enable businesses using Punchcard to accept cash payments and will allow mobile consumers toPunchCardLogo2.jpgreceive loyalty rewards and make in-app or online purchases using cash.

Richard Kang, Wipit CEO, hopes the partnership will introduce new ways for businesses to engage with Wipit users.

To learn more about Wipit, watch its FinovateSpring 2012 demo.

Finovate Alumni News– July 12, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTwo Guys and Your Money podcast features Planwise.
  • Business Insider reviews BillGuard.
  • University FCU & Bank of Lake Mills deploy the Mortgagebot front-end POS automation.
  • Geezeo adds 4 credit unions.
  • 2 Minute Finance receives a demo of CoverHound’s technology at FinovateSpring.
  • Wipit and Punchcard form partnership.
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.

CashStar Receives $5 Million in Funding

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Today digital gifting company, CashStar, announced a $5 million round of funding. Intel Capital led the round, followed by:

    • Passport Capital
    • FTV Capital
    • Steven Boal, Co-founder and Chairman of CashStar, and president and CEO of Coupons.com 

This installment brings the Portland, Maine-based company’s total funding to over $26 million.

CashStar will use the funding to expand its focus in mobile and social media.

To learn more about CashStar, watch its FinovateFall 2011 demo.

Continuity Control Reels in $2.25 Million in Funding

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Community FI compliance expert, Continuity Control, announced a round of $2.25 million in funding yesterday, along with some news about growth.

The round of funding, which Continuity Control CEO and founder hopes will be the last it will need, came from Connecticut Innovations and several angel investors.

It comes after a $1.1 million round in July 2011, and a $2.1 million round in 2010.

The Connecticut-based company will use the round to expand the company’s support and sale infrastructure for growth.

In preparation for growth, Continuity Control is expanding to an office space that is 4 times the size of its current location.

To learn more about Continuity Control, watch its FinovateSpring 2010 demo.

Finovate Alumni News– July 11, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKabbage to provide Monsoon Commerce customers $20 million in capital.
  • T8 Webware changes name to Banno.
  • Paul Farmer joins Silver Tail Systems as CFO.
  • BofA to provide Acculynk’s PaySecure to enable PIN debit payments online.
  • peerTransfer now supports Indian Rupee and 36 new partner schools.
  • Angry Birds creator selects Braintree’s payments platform.
  • Continuity Control reels in $2.25 million in funding.
  • CashStar receives $5 million in funding.
  • Farm Credit Services of Mid-America selects ProfitStars for ALM reporting.
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.

T8 Webware Changes Name to Banno

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Iowa company, T8 Webware, announced today that it has changed its name to Banno to reflect the company’s broadened focus on the digital channel.

It will be expanding beyond its first product, Grip (unveiled at FinovateFall 2011), and has plans to release additional products in the next 6 months.

Banno is not only growing its suite of solutions, but also its staff. In 2011, its number of employees grew by almost 30% and it plans to add over 20 employees in the next three years.

The unique name, Banno, comes from the imaginary friend of CEO Wade Arnold’s son:

“During a conversation of trying to figure out finances, Arnold’s son suggested he ask Banno, his imaginary friend. Asking Banno became the driving force behind Arnold’s passion to solve financial problems.”

This story illustrates the drive to have a clear understanding of finances and Arnold says its what drives the company.

BannoHomepage.jpgTo learn more about Banno, watch its FinovateFall 2011 demo.