FinovateSpring Sneak Peek: BlytzPay

A look at the companies demoing live at FinovateSpring on May 8 through 10, 2019 in San Francisco, California. Register today and save your spot.

BlytzPay provides solutions that allow customers to communicate and pay via text interaction. BlytzPay is as easy as Text. Pay. Done.


  • Text-to-pay solution that delivers a mobile point of sale accepting cards, ACH, and cash
  • Closed-loop cash network for the unbanked and underbanked
  • Powerful two-way communication for customers

Why it’s great
Interaction leads to transaction. We take the friction out of communication and collection so you can focus on growing your business.


Robyn Burkinshaw, CEO
Burkinshaw’s background in payments and merchant services has helped her identify the need for improved communication, reduced friction, and flexible payment options for each individual customer.

Josh Albrecht VP Client Services
With over a decade of experience in the financial services industry, Albrecht is passionate about fintech improving the overall customer experience.

FinovateSpring Sneak Peek: BlueRush

A look at the companies demoing live at FinovateSpring on May 8 through 10, 2019 in San Francisco, California. Register today and save your spot.

BlueRush will demo IndiVideo — interactive, personalized videos for bills and statements. This iteration offers a a more compelling, data-driven way to issue bills and statements.


  • Increase engagement
  • Drive conversions
  • Capture customer insights

Why it’s great
Personalized video is a natural enhancement to bills and statements. This format increases customer satisfaction and loyalty, decreases customer care costs, and enables cross/up-selling.


Ted Mercer, VP Sales
At BlueRush, Mercer searches for new ways to drive value for clients using the company’s interactive personalized video platform.

FinovateSpring Sneak Peek: Launchfire

A look at the companies demoing live at FinovateSpring on May 8 through 10, 2019 in San Francisco, California. Register today and save your spot.

Launchfire’s Lemonade is a game-based microlearning platform that gives financial institutions the tools and analytics they need to make frontline staff more effective — faster.


  • Launch more engaging and effective learning experiences for employees
  • Get frontline employees role-ready in less time
  • Measure business impact and prove ROI

Why it’s great
Lemonade uses games, microlearning, and advanced analytics to reduce overall training time, improve learning outcomes, and get frontline staff role-ready faster.


Romeo Maione, Director of Business Solutions
As Director of Business Solutions, Maione has worked with top banks in North America to upskill their frontline and increase adoption of their digital products.

Finovate Alumni News


  • Capital Bank of Jordan Selects Backbase for Digital Transformation.
  • StockTwits Launches Free Online Trading.

Around the web

  • Validis’ DataShare to integrate with Baker Hill NextGen.
  • Insuritas partners with Nymeo FCU to launch digital insurance agency.
  • SGX orders Ayondo to shelve planned disposal of unit.
  • TechCrunch reports: Coinbase launches in 11 countries with crypto-to-crypto conversions.
  • Jack Henry & Associates recognized on Forbes’ America’s Best Employers List for third consecutive year.
  • Flywire integrates with TRUE North to connect the application, enrollment and cross-border payment and receivables processes to bring transparency to education payments.

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.

Payfone Raises $24 Million in Round Led by TransUnion

Digital identity authentication provider Payfone closed a $24 million funding round today. Credit reporting agency TransUnion led the round, while existing investors Synchrony, MassMutual Ventures, and Wellington Management also contributed. The investment brings the New York-based company’s total funding to $117.6 million.

TransUnion’s investment comes in conjunction with a strategic partnership between the two companies, which have been doing business together since 2017. The Chicago-based company will integrate Payfone’s Trust Platform and Trust Score into its IDVision with iovation suite of products.

“Within this new strategic partnership, we anticipate supporting Payfone’s expansion to new markets and looking at other uses of their products throughout our organization,” said Geoff Miller, senior vice president of global fraud and identity solutions at TransUnion. “We are both committed to protecting consumers, focusing on data privacy and building trust with our customers, and the combination of our solutions will create a better, more seamless experience for everyone.” Miller will join Payfone’s Board of Directors.

TransUnion will serve as Payfone’s primary partner for regulated identity verification information. Payfone CEO Rodger Desai said, “With our partnership with TransUnion, we can now leverage TransUnion’s footprint of more than 30 countries to help expand our Trust Score around the globe, allowing billions of additional consumers to safely access digital services.”

Payfone, which was founded in 2008 as a mobile payments company, demoed1-Touch Checkout at FinovateFall 2012. The New York-based company has since pivoted to focus on authentication solutions.

Last year, Payfone authenticated 20 billion transactions for Fortune 500 companies using its zero-knowledge architecture (if you’re unsure what zero-knowledge is, check out Payfone’s blog post on the matter). The company plans to double the number of transactions authenticated this year.

Founded in 1968, TransUnion has office locations at its headquarters in Chicago, as well as in Hong Kong, Mumbai, Toronto, Johannesburg, Colombia, and Brazil. At FinovateFall 2016, TransUnion showcased Prama, a suite of analytics tools that helps lenders gain market intelligence and acts on insights to drive growth and build a risk policy. TransUnion is a public company with a market capitalization of $13.3 billion, trading on the NYSE under the ticker “TRU.”

Cutting Edge Fintech in the World’s Financial Capital – Get Involved Now!

Save the date for FinovateFall 2019! We’re returning to The Marriott Marquis in Times Square this September 23 through 26 with a showcase of fintech solutions, insights that deliver real-world value, and meaningful connections with senior financial decision makers.

Witness exciting new technologies via our signature live 7-minute demos (no slides or canned video allowed!). Following the demos, our innovative speakers share success stories and lessons learned to help make those solutions a reality within your own organization. Plus, don’t miss the add-on Summit Day that takes a deeper dive into Artificial Intelligence and Wealthtech & Investech.

With 75+ demoing companies, 120+ expert speakers and more networking opportunities than ever before, no other event gives you as much insight from start-ups, tech giants, large FIs, community banks and credit unions – from New York City and beyond.

FinovateFall by numbers

FinovateFall fintech innovation event

Get involved now!

Want to demo?

Demo your latest fintech innovation on stage and show the audience of 1500+ senior finance executives how you can help their business.

At your exhibition space, meet the bankers and investors who can grow your business.

Why you should demo at FinovateFall in 60 seconds – watch now

Demo your fintech innovation

Want to sponsor?

Stand out from the crowd and win new business from C-level executives from financial institutions.

Align your brand with innovation and the fintech growth story.

Demonstrate your thought-leadership to Finovate’s event audience and digital community of 300k fintech professionals.

Sponsor FinovateFall fintech innovaton event

Want to speak?

Would you like to get your voice heard by the cream of the North American fintech community? You only get one chance a year to be heard by 1,500+ leading fintech experts in the world’s financial capital – now’s the time to get in touch.

Please reach out to Laura Maxwell-Bernier now to inquire about speaking or moderating.

FinovateFall fintech event agenda

Want to connect with 1,500 decision makers?

FinovateFall makes it easy to connect with the people that matter to you. This is your chance to speak directly to innovators behind the most exciting tech in finance.

The event app suggests relevant attendees based on your business needs and offerings. Create quantifiable business opportunities with returns you can measure.

Book now at lowest price – save up to $1,500

If you’d like to attend as a delegate, book online here today or contact our customer services team at +1 (888) 670-8200 or

Hope to see you in New York in September!

Kantox Closes $5.7 Million to Bring More Tech to FX

Currency and foreign exchange solutions company Kantox boosted its total funding to just over $35 million today after closing a $5.7 million (€5 million) debt financing round.

The investment is the second debt financing deal Kantox has received from Silicon Valley Bank following a round of an undisclosed amount in December of 2017.

Kantox CEO and co-founder Philippe Gelis said that the company has a “very strong” relationship with the bank. He added, “This investment will contribute to our ongoing growth trajectory as we continue to bring more technology to the FX market.”

Founded in 2011, Kantox offers a low-cost way for businesses dealing with a variety of foreign currencies. The tool allows treasury managers to collect, hold, and pay in 29 different currencies.

Kantox also offers a host of other FX tools, including a product to help businesses price their goods dynamically, based on market changes; a service that provides companies with mid-market rates for spots and forwards in over 130 currencies and hundreds of currency pairs; and a suite of FX risk management tools. Dynamic Hedging, one of the risk management tools Kantox launched in 2016, helps companies monitor currency risk in real time.

Gelis demoed Kantox Peer FX at FinovateEurope 2013 in London. The company’s 3,500+ clients have leveraged Kantox’s foreign exchange management solutions to trade $9.7 billion in 143 countries.

Finovate Alumni News


  • Kantox Closes $5.7 Million to Bring More Tech to FX.
  • Payfone Raises $24 Million in Round Led by TransUnion.

Around the web

  • Kony helps Amway drive digital innovation for business owners across 100 countries and territories.
  • Revolut adds 5 new currencies to the app including: MXN, SAR, RUB, HRK, and BGN.
  • Entersekt expands operations, opening second office in Cape Town.

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.

eToro’s eToroX Unveils Cryptocurrency Exchange

Social trading and investment platform eToro unveiled the launch of eToroX at Paris Blockchain Week today. The new platform is a digital asset exchange regulated by the Gibraltar Financial Services Commission.

Doron Rosenblum, Managing Director of eToroX, said, “We are proud to be one of the first companies in the world to obtain a license for cryptoassets, and one of only a handful of regulated exchanges in the crypto space.”

The exchange supports six cryptocurrencies: Bitcoin, ether, ripple, dash, bitcoin cash, and litecoin. eToroX will also support eight fiat stablecoins, including:

  • eToro New Zealand Dollar (NZDX)
  • eToro Japanese Yen (JPYX)
  • eToro Swiss Franc (CHFX)
  • eToro United States Dollar (USDEX)
  • eToro Euro (EURX)
  • eToro Pound Sterling (GBPX)
  • eToro Australian Dollar (AUDX)
  • eToro Canadian Dollar (CADX)

“In the coming weeks and months we will add more cryptoassets, stablecoins and tokens to the exchange and will work with other exchanges to encourage them to list our growing range of stablecoins,” Rosenblum added.

eToro, which has 15 cryptocurrencies on its platform, launched eToroX in 2018 to support tokenized asset trading. eToroX’s cryptocurrency wallet and, soon, exchange, help drive the company’s aim to allow everyone to trade, invest, and save.

“Just as eToro has opened up traditional markets for investors, we want to do the same in the tokenized world. We want to bring crypto and tokenized assets to a wider audience, allowing them to trade with confidence,” said Yoni Assia, co-founder and CEO of eToro. “This is the future of finance. Blockchain will eventually ‘eat’ traditional financial services through tokenization.”

eToro most recently showcased CopyFunds for Partners at FinovateEurope 2017. Originally known for being a social trading platform, the company began pioneering bitcoin trading in 2013 via CFDs and in 2017 allowed clients to trade and invest in Ethereum, XRP, Litecoin, and other cryptocurrencies. eToro has raised $223 million since it was founded in 2007.

CardFlight Expands to Offer Payment Terminal Hardware

Payment technology company CardFlight released its SwipeSimple payment terminal today, marking the company’s expansion into the hardware space.

The new terminal integrates into CardFlight’s existing software to offer the company’s 50,000 small business clients an option for a touch screen, EMV-capable payment acceptance tool. In addition to an in-device receipt printer and wired-and-wireless connectivity, the payment terminal also has built-in:

CardFlight’s SwipeSimple payment terminal
  • On-screen tip prompts
  • Customizable SMS and email receipt options
  • Searchable transaction history
  • Inventory management capabilities

“Today’s launch expands our tested, state-of-the-art payments software to a new medium, making it easier than ever for small business owners across America to build and grow their companies,” said Derek Webster, CardFlight founder and CEO. “Our mission at CardFlight is simple—we’re committed to making payment acceptance fast, dependable, and effortless for business owners in today’s fast-evolving digital world. Bringing our SwipeSimple product to smart terminals as the next step in that mission just made sense.”

The terminal is available in two models. The entry-level version, PAX A80, offers SwipeSimple capabilities in a traditional terminal device, while the PAX A920 has a high-resolution display and a long-lasting battery.

The terminal is currently in private beta and is slated for release later this quarter.

Founded in 2013, CardFlight serves 10 of the top 30 merchant acquirers in the U.S., reaching tens of thousands of merchants across all 50 states. The company debuted its technology at FinovateSpring 2013, showing off the first iteration of its API/SDK.