Author: Julie Muhn (@julieschicktanz)

Striata Partners with IHS Telekom to Bring eBilling to Turkey

By Julie Muhn (@julieschicktanz) Posted on
Categories: Striata

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E-billing payment solution, Striata announced today that it partnered with IHS Telekom, a registrar and systems integrator accredited by ICANN.

The agreement, signed in January, brings Striata’s eBilling and eStatement solutions to banks, utilities, and telecommunications companies in Turkey.

Michael Wright, Striata CEO comments:

“Striata’s partnership with IHS allows us to bring value-added push email billing and payment services to this market. IHS has the market experience and is well networked to successfully introduce Striata’s innovative services to utilities, telcos and financial institutions in Turkey”

To learn more about Striata, watch its FinovateEurope 2012 demo.

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Finovate Alumni News– March 29, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Cartera Commerce, Currensee, LearnVest, Lending Club, Outright.com, PayNearMe, PayPal, Plastyc, Prosper, ReadyForZero, Striata
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCartera Commerce launches OfferLink rewards solution for local businesses.
  • MyBankTracker features PayNearMe and shares how to pay your utility bill at 7-Eleven.
  • American Banker shares how Plastyc is 1 of 3 prepaid card providers to adopt or test a disclosure box to inform consumers of fees.
  • ReadyForZero launches its Facebook timeline.
  • LearnVest launches a tool to help decide if you should outsource a task or do it yourself.
  • Forbes describes how Lending Club and Prosper have opened up the consumer debt market.
  • VentureBeat shares how Outright can assist during tax season.
  • Striata partners with IHS Telekom to bring eBilling to Turkey.
  • David Marcus named President of PayPal.
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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Cartera Commerce Launches OfferLink Rewards Solution for Local Businesses

By Julie Muhn (@julieschicktanz) Posted on
Categories: Cartera Commerce

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Today card-linked marketing company, Cartera Commerce, unveiled a card-linked rewards solution for local merchants called OfferLink Local:

“Customers redeem offers just by swiping their credit or debit card in merchants’ stores, and get rewards in their preferred currency: cash back or points in a bank card program or miles in their favorite airlines program.”

Merchants can market the offers through websites, emails, and social marketing channels from banks and loyalty rewards programs, such as the American Airlines AAdvantage.

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The solution also helps merchants track consumer behavior. The New York Times reports:

“And with each purchase, the retailers, banks and airlines collect data on the customer’s purchase history, including how much the customer spent, where the purchase was made and whether the customer was new.”

Cartera’s solution is superior than daily deal sites in this respect. Because it can track customers, it prevents wasted marketing coverage.

To learn more about Cartera Commerce, watch its FinovateFall 2011 demo.

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Finovate Alumni News– March 28, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Check Point, Equifax, Stocktwits, T8 Webware, Yodlee
  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCheck Point positioned as a leader in the 2011 Magic Quadrant for UTM.
  • Silicon Prairie News features T8 Webware’s Product Marketing Manager, Bryan McCarty.
  • StockTwits streams now on MSN Money.
  • Zoho Books introduces Bank Feed feature powered by Yodlee.
  • Equifax announces access to undisclosed debt monitoring.
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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ThreatMetrix Lands $18 Million in Series D Funding

By Julie Muhn (@julieschicktanz) Posted on
Categories: ThreatMetrix

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Cybercrime prevention company, ThreatMetrix, announced it recently closed an $18 million investment round, led by August Capital.

Existing investors Tenaya Capital, US Venture Partners and CM Capital also contributed to the of Series D round.

Reed Taussig, CEO of ThreatMetrix, states that the funding will go toward expanding globally into e-commerce, financial services and remote access solutions for enterprise employees.

The company also announced that Vivek Mehra, August Capital general partner, will join the ThreatMextrix board of directors.

To learn more about ThreatMetrix, watch its FinovateStartup 2009 demo.

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Swipely Launches Main Street Marketing Manager

By Julie Muhn (@julieschicktanz) Posted on
Categories: Swipely

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Small business loyalty rewards platform,Swipely, released a tool called Main Street Marketing Manager today.

The tool uses customer spending data to design direct email marketing campaigns that aim to bring repeat customers and win back lost customers.

Because merchants are not required to use additional hardware or software and consumers can pay as they normally would, its easy for small businesses to implement. Swipely is available in Boston, New York, Providence, and San Francisco.

To learn more about Swipely, watch its FinovateFall 2011 demo and come to FinovateSpring in San Francisco May 8-9 to see its latest innovation.

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Super Sprowtz to Implement Virtual Piggy’s Child-Safe E-commerce Tool

By Julie Muhn (@julieschicktanz) Posted on
Categories: Virtual Piggy

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E-commerce tool, Virtual Piggy, announced today that Super Sprowtz will use its child-safe online checkout service.

The Paypers reports:

“As part of the deal, Super Sprowtz’s range of educational multi-media products including plush toys, books, video games and applications will be available to purchase on their website using Virtual Piggy as a payment option which is compliant with the Children’s Online Privacy Protection Act (COPPA).”

To learn more about Virtual Piggy, come see it demo live at FinovateSpring 2012 in San Francisco on May 8-9.

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Finovate Alumni News– March 27, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Kony Solutions, Meniga, Seeking Alpha, Simple Tuition, Swipely, ThreatMetrix

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  • SimpleTuition’s PayBackSmarter.com now used by over 40 colleges & universities.
  • Meniga’s PFM goes live within Skandibanken’s online bank in Norway.
  • Mobile Enterprise Strategies interviews Kony’s VP of Mobile Strategies, Sam Lakkundi.
  • Super Sprowtz to implement Virtual Piggy’s child-safe e-commerce tool.
  • Swipely launches Main Street Marketing Manager.
  • Seeking Alpha passes 1 million members, doubles its size in less than 2 years.
  • ThreatMetrix lands $18 million in Series D funding.
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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Monitise Buys Competitor Clairmail for $173 Million

By Julie Muhn (@julieschicktanz) Posted on
Categories: ClairMail, Monitise

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United States-based mobile banking and payment solutions provider, Clairmail announced this morning that it will be acquired by Monitise, its European-based competitor.

Monitise will acquire Clairmail for $173 million to expand its international presence by leveraging Clairmail’s grasp on the North American market.

Together, Monitise and Clairmail will:

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    • Have 13 million registered consumers 
    • Operate across four continents
    • Process billions of transactions per year
    • Have 600 employees
    • Process $10 billion in payments and transfers per year
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The deal is expected to close on June 30, the end of Monitise’s fiscal year.

To learn more about Monitise and Clairmail, watch Monitise’s Finovate 2007 demo and Clairmail’s FinovateFall 2010 demo.

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FeeFighters Acquired by Groupon for Undisclosed Amount

By Julie Muhn (@julieschicktanz) Posted on
Categories: FeeFighters

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On Friday, FeeFighters, the creator of the Samurai payment gateway,announced on its blog that it has recently been acquired by daily deals giant, Groupon.

The post did not reveal the terms of the deal but did mention that there are no plans for major changes to its product line, including the FeeFighters Marketplace, Samurai gateway, and the brands themselves.

TechCrunch reports Groupon’s motive behind the purchase:

“With the FeeFighters acquisition, the focus is clearly on gaining technology aimed to help Groupon’s merchant partners, an area which the company has been diving into more deeply lately, with this month’s launch of the Groupon Scheduler booking service, another product that came out of an acquisition (OpenCal), as an example.”

Sean Harper, co-founder and CEO of FeeFighters, states that the acquisition will help the 3-year-old startup pursue its goal of helping small businesses run more efficiently.

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

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Finovate Alumni News– March 26, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: ClairMail, ETRONIKA, FeeFighters, FreeMonee, Monitise, Personal Capital, Xero
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgXero acquires software developer Max Solutions.
  • The Myndset interviews Joe Salesky, founder of FreeMonee.
  • Business Insider walks through Personal Capital’s iPad app.
  • Smart Biz touts the benefits of Xero’s accounting software.
  • FeeFighters acquired by Groupon for undisclosed amount.
  • Monitise buys competitor Clairmail for $173 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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Lighter Capital Makes Borrowing Even Easier By Launching Design-A-Loan

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

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Revenue-based loan startup Lighter Capital announced the launch of a new feature this week called Design-A-Loan.

Design-A-Loan makes it easy for borrowers to draft a tailored loan based on their personal situation.

Here’s how it works:

1. Enter your business’ revenue from the previous three months

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2. Decide the amount you want to borrow and the term of the loan

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The tool generates the rate of the loan

3. Apply for the loan

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This tool provides a non-intimidating platform where potential borrowers can experiment with different loan types before applying for one.

To learn more about Lighter Capital, watch its FinovateFall 2011 demo.

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