Meniga Takes its PFM to Australia

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Personal finance software provider Meniga announced yesterday that it partnered with Rubik, a company that builds software for banks, to bring its PFM to Australia:

“Both of them are offering a hosted option as well as a classic, enterprise play with on premise, white-label PFM, Rubik and Meniga will account for the needs of all sizes of Financial Institutions…”

The partnership is built on Meniga’s PFM solution and leverages Rubik’s relationships with Australian-area financial institutions.

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

Finovate Alumni News– March 23, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgeMudhra partners with Monitise to help launch mobile payments service.
  • Credit Karma profiles SaveUp. Come see SaveUp at FinovateSpring in May.
  • David Stone, CashStar CEO, named business leader of the year.
  • VentureBeat explores PayPal Here’s packaging.
  • ChargeSmart blog looks at what’s behind Dynamics smart cards.
  • AcceptEmail and PostNL enter into a strategic partnership.
  • Meniga takes its PFM to Australia.
  • Lighter Capital makes borrowing even easier by launching Design-A-Loan.
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.

AlwaysOn Selects Bill.com as a 2012 OnDemand Top 100 Winner

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E-invoicing company, Bill.com, announced yesterday that it was one of 100 companies selected by AlwaysOn as an OnDemand Top 100 winner. This is the second year in a row it has won this award.

Bill.com was selected from among hundreds of other companies nominated by investors, bankers, and journalists for its innovation, market potential, commercialization, stakeholder value, and media buzz.

To learn more about Bill.com, watch its FinovateSpring 2011 demo.

Kabbage Partners with Drop Ship Wholesaler Doba

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Kabbage, a startup that lends funds to online merchants, has entered into a partnership with Doba, a drop ship wholesaler:

“Kabbage and Doba customers come largely from the same entrepreneurial universe, including independent online stores and merchants that sell goods on eBay, Amazon, Yahoo, Etsy and other online marketplaces.”

The partnership will give Doba clients access to Kabbage’s working capital and, in turn, help them grow their online businesses.

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

ReadyForZero Helps Users Pay Off $12.5 Million in Debt, Launches Savings Platform

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ReadyForZero, the startup that aims to get people out of debt faster, has helped users pay off $12.5 million of the $200 million in total debt under management. TechCrunch reported that frequent users are paying down their debt nearly twice as fast as infrequent users (see chart below).

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To help expand these numbers, the startup recently launched a platform for financial partners to make personalized offers. Here’s how it works:

    1. Advertisers create customized offers based on the user’s financial situation, for example credit score, debt-load, payment history, etc.
    2. ReadyForZero analyzes the offer for the user
    3. If it results in real savings, ReadyForZero passes it to the user
    4. If the user wants it, ReadyForZero connects them to the advertiser

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

Finovate Alumni News– March 22, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgpeerTransfer partners with Boston College.
  • L’ atelier reports FreeMonee brings banks, customers & businesses together through promotional offers.
  • The Washington Post interviews Dwolla’s Ben Milne.
  • Amex partners with InComm to reload its prepaid cards.
  • Spend Matters explores how Tradeshift’s Cloudscan makes e-invoicing sexy.
  • Business Insider shares how to use JemStep to see if your broker is wasting your money.
  • ReadyForZero helps users pay off $12.5 million in debt, launches savings platform.
  • Kabbage partners with drop ship wholesaler Doba.
  • AlwaysOn selects Bill.com as a 2012 OnDemand Top 100 winner.
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.

Finextra Looks at Mint, HelloWallet, and Lodo to Consider Benefits of Implementing a PFM

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Yesterday, Finextra published an article highlighting the benefits of implementing a PFM. It publishes some interesting stats on key PFM platforms:

    • 90% of Mint’s almost 8 million users say the PFM haschangedtheirfinancial habits
    • Users are willing to pay $9 for HelloWallet*HelloWallet.jpgLodoSoftwareLogo.jpg
    • Lodo boasts member retention rates of98% among PFM users
    • According to Lodo, PFM users have more bank accounts than non-users

To learn more about Mint, HelloWallet, and Lodo, watch Mint’s FinovateSpring 2011 demo, HelloWallet’s FinovateSpring 2011 demo, and Lodo’s FinovateEurope 2011 demo

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*Does not include employees who are given the PFM services as an employee benefit from their company.

Finovate Alumni News– March 21, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCashStar brings eGifting platform to the UK.
  • Service2Media signs AppCenter Partner agreement with HintTech.
  • Clairmail appoints former Apple executive, Mitch Stein as new Director of Innovation and Design.
  • Lazy Man and Money blog covers SigFig, calling it the best way to track your investments.
  • Wonga launches Easter Egg hunt on Facebook.
  • eToro’s OpenBook wins 2011 Superior Trading and Resource (STAR) Award.
  • WSJ’s MarketWatch suggests using HelloWallet to help employees build wealth.
  • Relevantly Speaking highlights Offermatic in a podcast.
  • NY Times Bucks blog describes the experience of using Citi’s rewards card powered by Dynamics.
  • Finextra looks at Mint, HelloWallet, and Lodo to consider benefits of implementing a PFM.
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 Brings eGifting Platform to the United Kingdom

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Since its launch, digital gifting company CashStar has helped over 250 North American brands take their gift card programs online. Now its bringing the customizable eGifting program to the United Kingdom.

The company has recruited Arun Glendinning to oversee the expansion as Director of Business Development in the U.K.

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

Ping Identity Launches PingOne for Single Sign On Access to Cloud Based Applications

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Today, cloud security company Ping Identity launched PingOne, its new enterprise security service.

The new service is multiplexed, which means it allows an IT department to centrally control user access to cloud-based applications such as Salesforce or Webex. It also allows users to securely login to multiple cloud-based applications with only one username and password.

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The service is available for $5,000 per application per year or $5 per user per month.

To learn more about Ping Identity, watch its FinovateEurope 2012 demo.

Finovate Alumni News– March 20, 2012

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  • Mobile payments today reports MoneyGram and Fiserv hook up on mobile P2P payments.
  • Kony Solutions announces support for iOS 5.1.
  • The Republic identifies Mint and Expensify as two apps to help streamline finances.
  • Boot Camp interviews ReadyForZero on its platform.
  • SecondMarket launches ‘The Facebook Fund’ to buy shares before IPO.
  • CU Times looks at Superior FCU’s success from using Mortgagebot.
  • Forbes lists Alexa Von Tobel, CEO of LearnVest as a female founder to watch at SXSW 2012.
  • Xero moves to new headquarters.
  • All Things D looks at how Personal Capital fits into the trend of online wealth management.
  • Ping Identity launches PingOne for single sign on access to cloud-based applications.
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.

Plastyc Launches More Robust Mobile App to Empower Users Who Own a Smartphone

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With the rise in smartphone ownership and low PC-usage rates of the underbanked, Plastyc built up a robust mobile app to help users manage their iBankUP and UPside accounts.

The iPhone and Android apps were rolled out March 13 to the 75% of Plastyc’s users who own smartphones.

Some of the new capabilities include:

    • Manage Rainy Day Reserve
    • Receive deal notifications
    • Mail paper checks to people in your phone’s address list
    • Deposit physical checks by taking a picture with your smartphone (coming end of 2012)

Here are some screenshots of the Android app, taken from Plastyc’s website on March 19, 2012:

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To learn more about Plastyc, watch its FinovateFall2011 demo.