This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
Kony helps Amway drive digital innovation for business owners across 100 countries and territories.
Revolutadds 5 new currencies to the app including: MXN, SAR, RUB, HRK, and BGN.
Entersektexpands 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.
Social trading and investment platform eTorounveiled 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 showcasedCopyFunds 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.
Payment technology company CardFlightreleased 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.
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
ALTR’s transformational, blockchain-based data security platform permanently neutralizes the privacy and breach exposures created by humans inside of enterprise networks.
Features
Monitor -an immutable view of who is accessing data, when and how often
Govern – real-time control and breach intervention
Protect – delivers impenetrable protection of data at rest
Why it’s great ALTR attaches cutting edge governance and security to existing structured data, wherever it is, unlocking the full potential for digital transformation in financial services.
Presenters
Doug Wick, VP Product & Marketing With over 20 years of startup experience, Wick has broad experience managing product conception and development through to market success. LinkedIn
James Beecham, Co-Founder & CTO Beecham is a computer engineer and entrepreneur who co-founded ALTR and leads its technology and engineering teams. He holds multiple software patents, and is an alumnus of the University of Texas. LinkedIn
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
Lleida.net is a digital witness operator providing a contracting solution as the vehicle for sending unstructured information to signatories in a time-saving, legally valid way.
Features
• End-to-end framework for reliable online contracting • No hardware or software infrastructure to be deployed • Digitally signed documentary evidence provided; available in a “durable media”
Why it’s great Registered Email Contract is the solution to time consuming, structured contracting processes.
Presenters
Sisco Sapena, CEO Sapena studied as a technical agricultural engineer and holds a postgraduate in Telematics. He is one of Spain’s internet pioneers and takes Lleida.net around the world always focusing on innovation. LinkedIn
Alba Sapena, CEO Assistant Blogger since she was 14, passionate about books and photography, she’s one of the Lleida.net Social Media managers. LinkedIn
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
Enova Decisions’Enova Decisions Cloud is a complete decision management software-as-a-service that works with your existing infrastructure and is designed to scale with your business.
Features
Access the data you need, when you need it
Deploy machine learning models using any technique written in your language of choice
Auto retune and retrain your machine learning models
Why it’s great By removing decisioning from the software development cycle and managing it on the Enova Decisions Cloud, businesses can adapt quickly to changes in the industry.
Presenters
Sean Naismith, Head of Analytics Services Naismith has 18+ years of professional experience with unique insights into analytics, marketing, finance, and IT. He currently oversees strategy and development of decisioning solutions. LinkedIn
Matt Richards, Senior Sales Executive Richards has been in sales in the tech space since 2004, mostly in digital marketing. He currently is a Senior Sales Executive at Enova Decisions. LinkedIn
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
OnPointe Risk Analyzer creates tools and services to help financial professionals maximize their effectiveness with lead generation, marketing, client risk assessments, portfolio analysis, and sales presentations.
Features
First market-calibrated risk analysis platform
Accurately measures both client and portfolio risk
Robust financial analysis and portfolio comparison tools
Why it’s great OnPointe Risk Analyzer is the first market-calibrated financial risk analysis platform.
Presenter
Rob Harbin,Co-Founder / CTO Harbin is a veteran technology executive and innovator primarily focused on and serving the financial services industry over the past 10 years. LinkedIn
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
Capsilon will demo Capsilon Digital Underwriter, the automated underwriting solution that helps mortgage lenders cut underwriting time and improve critical decision-making with clean data.
Features
Automatically calculates income, analyzes credit, and performs due-diligence checks
Standardizes the underwriting process, enabling consistent, unbiased decisions
Speeds up underwriting and improves the borrower experience
Why it’s great Capsilon Digital Underwriter helps mortgage lenders and investors make rapid, informed loan eligibility decisions with perfected data.
Presenters
Steve Viarengo, Senior Vice President of Digital Mortgage Solutions Since joining Capsilon in 2017, Viarengo has been instrumental in driving Capsilon’s evolution from an enterprise-wide document management platform to an end-to-end mortgage automation engine. LinkedIn
Allen Boyce, Sr. Director Product Management, Digital Mortgage Solutions Boyce spearheads a talented product and user experience team dedicated to making mortgage automation mainstream and eliminating unnecessary workload so underwriters can focus on underwriting. LinkedIn
A look at the companies demoing at FinovateAsia Digital on June 22, 2021. Register today and save your spot.
Finhaven is an end-to-end solution for the issuance, investment and trading of digital securities. For the first time, Finhaven will reveal its peer-to-peer private trading feature.
Features
Complete ownership of their securities
Ability to recreate boardroom negotiations via direct investor communications
Reduction of counter-party risk
Why it’s great Finhaven’s private trading platform returns ownership to the investor in a back-to-basics trading experience while increasing security and reducing counter-party risk.
Presenters
Anna Dabrowski, Analyst, Marketing Dabrowski leads marketing initiatives at Finhaven. With a background in corporate finance, sales and marketing, she is passionate about the disruption of financial services through new technologies. LinkedIn
Edwin Chan, Product and Business Strategist Chan is a Product and Business Strategist at Finhaven. His background is in technology implementation and product management in the finance and retail industries. LinkedIn
With three Finovate conferences this fall, find the one that’s just right for your new finech.
Finovates are for public companies, startups, and established leaders with new financial services innovations. Past demos have included technology focused on customer experience, regtech, insurtech, proptech, healthtech, wealthtech, security, identity, biometrics, blockchain, crypto, investment, onboarding, open banking, digital banking, lending, payments, and more.
Demoing companies are at the core of the conference series, which is designed to give them the best return on their demo investment with a 360 degree approach:
BEFORE
DURING
AFTER
So how do you know which conference is right for you this fall? By region — North America, Asia or Middle East.
Are you expanding services or solutions to one of these places? Announcing new partnerships or targeting key customers? Graduating from an accelerator with your sights set on raising funding or attracting clients? Apply to demo at the Finovate in the region where you want to do business.
The earlier you get on board the bigger the return on demo investment. So apply to an upcoming event now:
KlarnalaunchesMindful Money, a financial management content hub for consumers.
Avaloqlaunchesavaloq.one, a collaborative platform to help financial services companies work with fintechs.
NICEunveilsIntelliAgent, a solution that provides employees with real-time compliance and authentication capabilities.
Kantoxappoints Maria Chamorro as its new Chief Financial Officer.
Truliooadds Malta to its Global Identity Verification coverage.
ieDigitalshortlisted for Excellence in Open Banking and Best Rebrand awards at the Credit Awards 2019.
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.
Password management platform Dashlane is bringing home $30 million in debt financing today. The investment brings the company’s total funds raised to just over $100 million.
Hercules Capital joins previous investors FirstMark Capital, Rho Ventures, Bessemer Venture Partners, TransUnion, and Silicon Valley Bank. The funds will help Dashlane build out its platform beyond password management into the broader field of identity management.
Dashlane has been expanding its horizons as of late, having added features such as password breach alerts and monitoring, a VPN option for wifi protection, a Secure Notes feature that helps users encrypt personal data and attachments, and an option that connects users’ closest family members with their account information in case of emergency.
In addition to the funding announcement today, Dashlane unveiled it has added Seth Farbman, former Spotify and Gap CMO, to its board of directors.
Along with its B2C offering, Dashlane also offers solutions that help businesses seamlessly onboard staff with new accounts and has a partner program to allow brands to co-brand Dashlane’s identity manager as a service. Among the company’s partners are Visa, Intel, and yubico.
Since it was founded in 2009, Dashlane has amassed 10 million users from 180 countries across the globe. The company demoed its password manager and keyboard-less ecommerce transaction technology at FinovateEurope 2013.
