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Maybank Singapore launches mobile banking services on Tagit’s mobile platform.
Inc. Magazine recently released its list of the top* 5000 fastest-growing, private U.S. companies. Seven Finovate alums made the cut.
Here’s a quick breakdown:
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*Methodology
For the second consecutive year, CashStar named 1 of the 2012 Best Places to Work in Maine.
Online investment advisor, FutureAdvisor, announced today that it has raised $5 million to add to its Series A funding.
The round, which comes after raising an undisclosed amount in March, is from existing investors:
The Seattle-based startup also announced it added a new 401(k) fee analyzer tool to its platform, which launched in May, to help users save on fees associated with their 401(k). TechCrunch reports:
“It visualizes the amount of money paid out to mutual fund providers who manage various funds, and makes suggestions for other, similar investments that don’t carry the same fees. The new tool is available at www.futureadvisor.com/401k.”
To learn more about FutureAdvisor, watch its FinovateSpring 2012 demo.
Yesterday mobile app development platform provider, Kony Solutions, announced it will make its first acquisition: Sky Technologies, an Australia-based mobility solutions provider.
This acquisition is Kony’s first, and will help it tap into the Australian market, as well as give it access to Sky Technologies’ SAP expertise. It will also expand Kony’s current customer base of around 70 to approximately 170.
Financial terms of the deal were not disclosed.
To learn more about Kony, watch its FinovateSpring 2011 demo.
Acculynk raises $3.5 million.
Last week, online authentication company Acculynk raised $3.5 million.
The Atlanta Business Chronicle reports:
“CEO Ashish Bahl declined to name the new investor, but said it is a Fortune 500 company.”
Launched in 2008, the Georgia-based company has now raised $21 million to date.
Acculynk demoed at FinovateStartup 2009.
Late last week online loan institution, E-Loan, made public that it has partnered with Credit Karma, Lending Club, and SimpleTuition after rebranding itself.
Here’s what the integrations look like on E-Loan’s site:
Credit Karma demoed at FinovateStartup 2009, Lending Club demoed at FinovateStartup 2009, and SimpleTution demoed at FinovateStartup 2008.
ThreatMetrix announces availability of the latest ThreatMetrix Cybercrime Defender Platform.
Here’s part 2 of the sneak peek of the companies that will demoing at FinovateFall on September 12 and 13 in NYC. Each company provided a short summary of the innovation they will debut on stage. We published 20 last week and we will complete the preview next week.
Don’t miss the opportunity to experience the hottest innovations in financial technology. Get your FinovateFall ticket here
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Chicago-based payment gateway, Braintree announced yesterday that it acquired social payments platform, Venmo, for $26 million in cash and stock.
Venmo is a consumer-facing technology that processes around $10 million in payments monthly. With the acquisition, Braintree will integrate Venmo’s technology into its existing software so that Venmo users can make transactions with their existing account.
The 23-person Venmo team will maintain its peer-to-peer payment platform from its office in New York.
In unrelated news, Braintree was ranked number 415 in the 2012 Inc 500 list. Here are some stats that Inc. published about the payments company:
To learn more about Braintree, watch its FinovateSpring 2011 demo.
*Inc. 500 rankings are based on a 3-yr growth percentage.
SoMoLend launches small business competition.
