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Social lending platform Weemba announced today that its network of lenders has expanded:
“New Weemba lenders include Crossroads Financial, Mercantile Capital Corporation and MedChoice Financial/Perform Finance, bringing the total number of lenders in the Weemba community to more than 30.”
In the four months since its launch, Weemba has seen hundreds of loan applications that range from $1,000 to 1 million.
To learn more about Weemba, watch its FinovateFall 2011 demo.
Fox Business News recommends banking with Simple as a way to counter bank fees.
FinovateEurope 2012 is just over two months away and it is shaping up to be a great conference. The quality and number of applications we received from companies seeking to debut their latest fintech innovations at the event was truly impressive. That quality meant hard choices for us during the selection process but it also means an amazing showcase of new ideas in European financial technology for the audience.
On February 7th next year, the following companies will take the stage
in London to demo their latest and greatest innovations (we’ll also be
revealing a couple of “stealth” additions to this list closer to the
event):
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If you’d lock in your spot to watch the future of financial and banking technology debut in London next February, please register soon. Tickets for the event are selling quickly — well ahead of last year’s pace when we sold out weeks ahead of the conference. In addition, register by Friday December 2nd and you’ll get the affordable very early-bird price on your ticket.
FinovateEurope 2012 is sponsored by: BlueRock Consulting & The Bancorp Bank
FinovateEurope 2012 is partners with: BankerStuff, BankInnovation, Deutsch Startups, The Financial Services Club, The Financial Services Innovation Centre, and PYMNTS.com.
Leadfusion announced yesterday that Boeing Employees Credit Union is the latest FI to implement its Guided Selling platform that helps empower customers when selecting product offerings.
Since launching Guided Selling, BECU reports positive results:
“We have seen an astonishing 45% engagement with the dialogue and CTR (click-through-rate) to the product comparison/selection tools, and 16% of those applying for a product directly from the Guided Selling tool.”
To learn more about Leadfusion, watch its FinovateFall 2010 demo.
Earlier this week, Forbes published a list of America’s 100 most promising private companies. The rankings are based on annual revenue, number of employees, company strengths, partnerships, and a number of other qualifications.
Three Finovate alumni made it onto the list, all the top 20:
SecondMarket
Rank: 8
Category: Alternative trading platform
Founded: 2004
Funding: $34.2 million
Headquarters: New York
FinovateStartup09 demo
Lending Club
Rank: 20
Category: P2P Lending Platform
Founded: 2006
Funding: $77.7 million
Headquarters: San Francisco
FinovateStartup09 demo
Mobile payment startup Dwolla announced today that it will no longer charge a 25-cent fee for transactions under $10.
Dwolla assures its clients that there will be no changes to the product or service and that merchants will receive the same benefits.
On a separate note, Dwolla is celebrating its one-year anniversary of its national rollout today.
To learn more about Dwolla, watch its FinovateSpring 2011 demo.
FinovateEurope 2012 is just over two months away and it is shaping up to be a great conference. The quality and number of applications we received from companies seeking to debut their latest fintech innovations at the event was truly impressive. That quality meant hard choices for us during the selection process but it also means an amazing showcase of new ideas in European financial technology for the audience.
On February 7th next year, the following companies will take the stage
in London to demo their latest and greatest innovations (we’ll also be
revealing a couple of “stealth” additions to this list closer to the
event):
|
|
|
If you’d lock in your spot to watch the future of financial and banking technology debut in London next February, please register soon. Tickets for the event are selling quickly — well ahead of last year’s pace when we sold out weeks ahead of the conference. In addition, register by Friday December 2nd and you’ll get the affordable very early-bird price on your ticket.
FinovateEurope 2012 is sponsored by: BlueRock Consulting & The Bancorp Bank
FinovateEurope 2012 is partners with: BankerStuff, BankInnovation, Deutsch Startups, The Financial Services Club, The Financial Services Innovation Centre, and PYMNTS.com.
PeerTransfer, a startup that facilitates international tuition payments, announced a partnership with Tuition Management Systems, an organization that helps students manage college costs.
“Through the partnership, families will be given additional flexibility and be able to make tuition and other education related payments, typically in the currency of their home country.”
The peerTransfer platform will be available to Tuition Management Systems’s network of over 700 schools across the nation. Students of these schools will benefit from lower fees and favorable exchange rates, saving up to $1,500 on a $40,000 tuition payment
To learn more about peerTransfer, watch its FinovateSpring 2011 demo.
Mobile banking solutions provider mFoundry announced a partnership with MasterCard yesterday.
The new alliance will enable mFoundry to provide its network of over 500 financial institutions with MasterCard’s NFC-based PayPass technology.
To learn more about mFoundry and MasterCard, watch mFoundry’s FinovateFall 2010 demo and MasterCard’s FinovateFall 2011 demo.
Compliance management company, Continuity Control, recently announced that it doubled revenue in the third quarter of 2011:
“As it did in the first two quarters of 2011, the company doubled its revenue again in the third quarter with growth in markets across the country.”
Along with this pattern of growth, it also announced a partnership with BancVue, a company that provides marketing and consulting solutions to community financial institutions.
To learn more about Continuity Control and BancVue, watch Continuity’s FinovateSpring 2010 demo and BancVue’s Finovate 2009 demo.
