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Ellevest Pulls in $10 Million from Morningstar

By Julie Muhn (@julieschicktanz) Posted on September 28, 2015
Categories: Ellevest, Funding

Ellevest, a digital investment platform for women—co-founded by Finovate alum Charlie Kroll—raised $10 million this week in a Series A round led by Morningstar.

Other investors in the New York-based startup include:

Ajay Banga, president and CEO of Mastercard
Robert Druskin, executive chairman of the DTCC, former COO of Citigroup, and former chairman of E*Trade
Mohamed El-Erian, chief economic adviser at Allianz and the former CEO of PIMCO
Karen Finerman, co-founder of Metropolitan Capital Advisers and panelist on CNBC’s Fast Money
Brian Finn, former chairman and CEO of Asset Management Finance Corp. and former president of Credit Suisse First Boston
Andrea Jung, CEO of Grameen America and former CEO of Avon
Jeff Schwarz, co-founder of Metropolitan Capital Advisors
Contour Venture Partners

Ellevest is focused on helping women bridge the investment gap, and seeks to transform investing into a women-specific experience.

The Ellevest investment platform, slated to launch in early 2016, was founded by Sallie Krawcheck (CEO) and Charlie Kroll (COO). Kroll is former CEO of Andera, which debuted its FortiFI solution at FinovateFall 2011. In October of 2011, Andera purchased oFlows, which demoed oFlows for Everyone at FinovateFall 2011. In May 2014, Andera was acquired by Bottomline Technologies.

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Kreditech Raises €82 Million in Series C Investment Led by J.C. Flowers

By David Penn Posted on September 28, 2015
Categories: Funding, Fundings, Kreditech

German consumer-finance technology company Kreditech today announced that it has raised €82.5 million in a Series C round led by J.C. Flowers—and more funding could be on the way. The investment includes a bridge loan from Peter Thiel and Amadeus Capital Partners (Amadeus) from earlier this year that has been converted into equity, as well as word that Kreditech hopes the round ultimately will raise more than €100 million.

Also participating in the round were existing investors Värde Partners, HPE Growth Capital, and Blumberg Capital.

The more than €80 million raised so far boosts the company’s total funding to more than €300 million in debt and equity. Kreditech CFO Rene Griemens noted that more than half of the company’s total funding are unused debt facilities—a revolving credit arrangement—that can be loaned out to help fuel growth.

Kreditech CEO and co-founder Sebastian Diemer demonstrated Kredito24 at FinovateSpring 2014 in New York.

Loren Felsman, managing director at J.C. Flowers who will be joining the Kreditech board as part of the investment, praised the company’s “sophisticated approach to real-time consumer banking,” especially as it relates to the underbanked. “Most lenders, including those built on modern technology, may not crack these markets for years,” Felsman said.

Kreditech leverages big data to create better credit-scoring technology for consumer-borrowers with poor or no credit histories. Kreditech focuses on the current financial health of the borrower, analyzing more than 20,000 data-points to establish potential creditworthiness.

These data-points encompass a wide range of information typically overlooked when analyzing a borrower’s likelihood of repaying debt, and include everything from a borrower’s Facebook friends to semantic analysis, i.e., the writing tone in email messages or social media posts. The goal, as Deimer explained from the stage last year at FinovateFall 2014, was both a more accurate credit rating, better pricing and more personalized lending options for the borrower.

Kreditech has deployed its technology with subsidiaries operating in nine markets: Germany, Poland, Spain, Peru, Mexico, Australia, the Dominican Republic, the Russian Federation, and the Czech Republic. “These are markets with very low or no credit-bureau infrastructure at all,” Deimer pointed out. This was key to both maximizing margins and keeping customer-acquisition costs low.” The company is also “ramping up” operations in Brazil and Romania.

Deimer was named to the Hot Topic 100 list of the most influential people in fintech in August. In May, Inc.com added Kreditech to its roster of the “22 Financial Technology Startups You Need to Know.” This spring, Kreditech announced the hiring of Oliver Prill as its new COO. Prill was previously the CEO of a boutique small-business and consumer-debt-reconciliation firm, Optanus, and before that was the founder and CEO of C&A Bank in Germany.

Founded in 2012 and headquartered in Hamburg, Germany, Kreditech demoed its technology at FinovateSpring 2014 in New York.

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Finovate Alumni News

By David Penn Posted on September 28, 2015
Categories: Aire, blooom, Coinbase, HelloWallet, Hyperwallet, Kony, Kreditech, PayPal, Ripple, Temenos, Venmo

On Finovate.com

“Kreditech Raises 82 Million in Series C Investment Led by J.C. Flowers”

“Ellevest Pulls in $10 Million from Morningstar”

Around the web

Ripple Labs and Coinbase are highlighted in this infographic on how banks are using blockchain technology.

Let’s Talk Payments takes a look at Aire and its alternative approach to credit scoring.

Venmo is featured along with nine other top bill-sharing apps.

Emerging Payments Awards selects Hyperwallet as a finalist for the Best Corporate/Government Payments Program award for 2015.

Kony to offer enterprise mobility cloud solutions to Etisalat.

Forbes: Nordea selects Temenos and Accenture to undertake the first major comprehensive European core-banking replacement in years.

ChicagoInno features Morningstar’s HelloWallet’s Best of Show win at FinovateFall.

PayPal unveils its chip-card reader in the U.S.

Hyperwallet counts down to next week’s FinDEVr developer conference. Come see Hyperwallet at FinDEVr, 6/7 Oct in San Francisco.

COO Connect calls Blooom, the future of retail savings.

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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Fintech Fundings: 17 Companies Raise $235 Million Week Ending 25 Sep 2015

By Jim Bruene Posted on September 25, 2015
Categories: Uncategorized

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 million) added to the bank accounts of 17 startups worldwide. The biggest pure-equity round went to Finovate-alum CoverHound, an insurance portal gaining favor with the VC community.

There were several interesting acquisitions including French bank Credit Mutual Arkea paying a reported $56 million for a majority stake (86%) in payment processor Leetchi, aka MangoPay. But the big news in the Finovate office was the acquisition of crowd-favorite BillGuard by one of our inaugural presenters, and double-unicorn, Prosper.

So far this year, fintech companies have raised $13.2 billion.

Here are the deals announced from 19 Sep to 25 Sep 2015, by size:

Harmoney
Consumer marketplace lender
HQ: Auckland, New Zealand
Latest round: $127 million (debt and equity)
Total raised: $135 million
Tags: Consumer, p2p, lending, credit, loans, investing
Source: P2P-Banking

CoverHound
Insurance portal
HQ: San Francisco, California
Latest round: $33.3 million; $100 million valuation
Total raised: $53 million
Tags: Consumer, insurance, lead gen, quotes, Finovate alum
Source: Finovate

DriverUp
Auto lending marketplace lender
HQ: Austin, Texas
Latest round: $20 million
Total raised: $70 million
Tags: Consumer, automobiles, auto loans, P2P lending, credit, investing
Source: Crunchbase

G-Banker
Gold trading platform
HQ: Bejing, China
Latest round: $16.8 million Series B
Total raised: $16.8+ million
Tags: Gold, investing, wealth management, trading, online-to-offline
Source: Crunchbase

Leetchi
Payment processor, aka MangoPay
HQ: France
Latest round: $11.1 million; $65 million valuation
Total raised: $56 million
Tags: Consumer, peer-to-peer payments, P2P, group payments, Credit Mutual Arkea (investor, majority owner)
Source: FT Partners, TechCrunch

Steller
Public infrastructure for money
HQ: San Francisco, California
Latest round: $7 million
Total raised: $10 million
Tags: Payments, blockchain, open source, developers, bitcoin, cryptocurrency, Stripe (investor), nonprofit
Source: FT Partners

PeerNova
Distributed financial platform
HQ: San Jose, California
Latest round: $6 million
Total raised: $19 million
Tags: Blockchain, bitcoin, cryptocurrency, enterprise
Source: WhoGotFunded

Ancoa
Risk management
HQ: London, England, United Kingdom
Latest round: $4.7 million Series A
Total raised: $6.3 million
Tags: Enterprise, security, regulations, compliance, fraud protection
Source: FT Partners

BestDealFinance
Financial services comparison portal
HQ: India
Latest round: $3 million Series A
Total raised: $3 million
Tags: Consumer, banking, loans, insurance, credit, lead gen
Source: Crunchbase

ModernAdvisor
Online investment advisory
HQ: Vancouver, British Columbia, Canada
Latest round: $2.2 million
Total raised: $2.2 million
Tags: Consumer, wealth management, investing, asset management
Source: Crunchbase

Novicap
Online invoice marketplace
HQ: London, England, United Kingdom
Latest round: $1.7 million
Total raised: $3.4 million
Tags: SMB, accounts receivables financing, factoring, trade finance
Source: Crunchbase

Ledge
Mobile P2P lending platform
HQ: Santa Monica, California
Latest round: $900,000 Seed
Total raised: $900,000
Tags: Consumer, loans, peer-to-peer, mobile
Source: Crunchbase

PaySur
Funds-transfer platform
HQ: Leon, Mexico
Latest round: $250,000
Total raised: $275,000
Tags: Consumer, payments, remittances, electronic transfers
Source: Crunchbase

Neotrade Analytics
Trading data provider
HQ: Bangalore, India
Latest round: $230,000
Total raised: $230,000
Tags: Trading, investing, enterprise, securities, data, analytics
Source: FT Partners

Crowdway (stealth website)
Financial markets analysis
HQ: Milan, Italy
Latest round: $170,000 Seed
Total raised: $170,000
Tags: Investing, information, trading, analytics, investors, wealth management
Source: Crunchbase

ConnectAbank
Financial services comparison portal
HQ: Mumbai, India
Latest round: Undisclosed
Total raised: Unknown
Tags: Consumer, banking, loans, insurance, credit, lead gen
Source: Crunchbase

Stockbit
Financial markets analysis
HQ: Jakarta, Indonesia
Latest round: Unknown
Total raised: Unknown
Tags: Investing, information, trading, analytics, investors, wealth management
Source: Crunchbase

StockRadar
Mobile stock trading information
HQ: Bejing, China
Latest round: Undisclosed
Total raised: Unknown
Tags: Consumer, trading, investing, stocks, analytics, Microsoft (investor)
Source: Crunchbase

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Munich-based Fidor Bank Launches in U.K.

By Julie Muhn (@julieschicktanz) Posted on September 25, 2015
Categories: Fidor Bank

Adding to the 215+ banks that call Britain home, Fidor Bank launched in the U.K. last week after applying for a banking license in January 2015. This makes Fidor the country’s first new retail bank in five years.

The Germany-based bank, which was founded in 2009, has set itself apart from traditional banks in multiple facets:

Was among the first banks to enable its customers to buy and sell bitcoin on its platform (with partnerships such as Ripple).
Has a community page that serves as an open forum, where users and bank representatives discuss bank products.

Is heavily involved in Facebook and Twitter, offering increased interest paid on savings accounts if users Like or Tweet certain content.

Has an open platform it developed in-house, which enables developers to access 25 different services through a set of open APIs.

Fidor’s U.K.-based bank is off to a somewhat more cautious start. It doesn’t offer bitcoin services, although it is exploring interest among the U.K. community. Similarly, it has not opened up its U.K. system to developers, although Fidor’s existing Euro APIs can be used until the bank launches a wider integration.

Fidor is currently focused on developing a current account and savings-bond service, and will soon launch additional features, such as a debit card and mobile app. Additionally, the bank soon plans to roll out other fintech partnerships.

Fidor is among the 60+ companies that will present at FinDEVr San Francisco 2015 on 6/7 October. Fidor’s presentation will focus on teaching developers how to leverage its APIs and European banking license to set up their own digital banking services. There’s still time to register for the event, which will be held at the UCSF Mission Bay Conference Center in San Francisco.

iBroker AG, a subsidiary of Fidor Bank, demonstrated StockBattle, a social platform that enables users to bet on stocks or capital market indices, at FinovateEurope 2012.

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Finovate Alumni News

By David Penn Posted on September 25, 2015
Categories: Aerospike, Betterment, Braintree, DAVO Technologies, Digital Retail Apps, Fidor Bank, FutureAdvisor, itBit, Kashoo, Ldger, PayPal, PaySwag, Personal Capital, SigFig, StreetShares, Venmo, Wealthfront

On Finovate.com

“Munich-Based Fidor Bank Launches in the UK” —Check out Fidor Bank at FinDEVr, 6/7 October, in San Francisco.

Around the web

New P2P lending app, Ledge, leverages Venmo technology.

CNET features Wealthfront, Betterment, FutureAdvisor, SigFig, and Personal Capital in a look at investment in robo-advisers.

American Banker profiles PaySwag and its strategy to put a gamified face on debt collection.

Kashoo unveils version 4.4 of its iOS app.

American Legion magazine interviews Mark Rockefeller, StreetShares CEO and co-founder.

itBit announces new higher withdrawal limits.

Digital Retail Apps CEO and founder Wendy MacKinnon Keith wins 2015 Women in Payments Innovation Award.

InvestorJunkie lists its top 15 robo-advisers, featuring eight Finovate alums.

Braintree and PayPal reflect on their two-year anniversary. See Braintree show off its APIs at FinDEVr in San Francisco, 6/7 October.

EQ features DAVO’s sales-tax solution.

Bank Innovation highlights Ldger’s demo at FinovateFall last week.

Forbes features Aerospike. See Aerospike’s presentation at FinDEVr San Francisco on 6/7 October.

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 acco unt.

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Commentary: Prosper Signals Move into PFM with $30 Million Acquisition of BillGuard

By Jim Bruene Posted on September 24, 2015
Categories: BillGuard, Credit Reports & ID Theft Protection, Loans & Credit, Prosper

It’s a little bittersweet when two of my favorite fintech companies combine. I am happy for both, but will miss seeing what BillGuard could have done as a stand-alone financial transaction watchdog (see note 1). After raising $16.5 million, the $30 million in cash—plus undisclosed amount of Prosper stock (note 2)—should provide a decent payday for investors, founders and employees. Caveat: without knowing the liquidation preferences of later investors, or the stock piece, we don’t really know how all the stakeholders fared.

From the sounds of it, though, it’s no acqui-hire. BillGuard said it’s tripling its dev team to 75 and will be heading full-speed-ahead on its product roadmap. That sounds good for BillGuard.

The more difficult question is why Prosper is spending 20% of the $165 million it raised in April on an ancillary service? The company says it is looking to move into broader financial management. And with 1 million visitors per month—the vast majority of which are likely to be unqualified for a Prosper loan—marketing PFM and credit-monitoring services have some appeal. But it seems like it could be a distraction (note 3).

But at least from the outside, I’m not seeing BillGuard as a significant value-add at this point. Even if Prosper were to convert 1% of its 1-million/mo traffic (optimistic) into BillGuard’s $5 to $10/mo credit-monitoring services with a margin of 50%, that would only add $75,000/month to the bottom line or about $900,000 in the first year—assuming 50/50 mix at the two price levels. Depending on attrition rates, that would grow over time, but it’s still not a great return on $30+ million. And if Prosper is looking to mine BillGuard’s 1.7 million customers for new loans, the lender could have done it much cheaper via partnership.

Peter Renton, writing at LendAcademy, has the best justification for the deal I’ve seen. Prosper needs something to stay engaged with loan customers—and presumably denied loan customers—since there is little reason for them to log back in once the loan has been made and automatic payments established.

All those reasons are part of the valuation. But my guess is that Prosper has something grander cooking, and BillGuard is just a piece of that puzzle. Perhaps they seek to take on Credit Karma in the broader credit-reporting/lead-gen space. I look forward to more news down the road.

——

Notes:

1: Chris Larsen showcased Prosper at our initial multi-unicorn-producing Finovate in NYC in 2007, winning our very first Best of Show trophy (along with Mint and MortgageBot).
BillGuard was named Best of Show at its two Finovate appearances, 2011 and 2012.

2: The terms of the deal were not disclosed in the official announcement. VentureBeat appears to be the widely cited source of the “$30 million plus stock” terms.

3: I bet Prosper’s FI investors—BBVA, Suntrust, Chase, USAA—like the deal. They not only have an inside peek at BillGuard’s metrics, but also a ringside seat to see how a lending specialist can or cannot expand into broader banking/PFM services.

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The #FintechRevolution Will Be API’d

By David Penn Posted on September 24, 2015
Categories: Advisor Software, planwise, PsychSignal, QuantConnect, Stocktwits, Streamdata.io, TipRanks, Tradier, Xignite, Yodlee

An open Fintech ecosystem for developers could be imminent, at least if Xignite has anything to say about it.

Fresh off its FinovateFall 2015 appearance, the financial market-data provider to many of fintech’s most innovative companies is spearheading a new initiative, the #FintechRevolution API Ecosystem. The goal of #FintechRevolution—a partnership involving more than 20 other technology companies and accelerators—is to make it easier for developers to get their hands on the APIs and tools they need in order to bring their innovations to life.

Stephane Dubois, CEO and founder of Xignite, says the initiative “consolidates the best-of-the-best in the fintech API ecosystem. It will now be easier for firms, large and small, to start and grow financial services and fintech companies just by leveraging the APIs in the ecosystem.”

From left: Xignite CEO Stephane Dubois, founder, and Anand Vidwanathan, developer, demonstrated Xignite Cloudstreaming at FinovateFall 2015.

Xignite divided the API contributions from the founding members into workflow, analytics and data categories. And, as Finance Magnates reports, a special emphasis should be placed on what it calls “non-traditional” APIs, the ones embracing inclusion of social and sentiment data alongside more-familiar financial data. This social data includes everything from the portfolio-management APIs of Advisor Software to the trader-mood-data APIs of PsychSignal.

The APIs from all of the founding members of the API ecosystem are listed in an integrated, Xignite-powered API catalog for easy access. All APIs have been vetted, and sales-and-support teams from all Ecosystem members are knowledgeable and ready to field questions from developers.

See the full list of founding members of the #Fintech Revolution below. The names of those companies that are also Finovate and/or FinDEVr alums are in bold.

Other founding members include incubators, Draper University in Silicon Valley, Fintech Sandbox in Boston, Level39 in London, and ValueStream in New York City.

Speaking of the initiative and its importance to startups and enterprises alike, ValueStream founding partner Greg Neufeld says, “We wouldn’t be investing our time, relationships and capital if we didn’t believe that the transformative changes happening today are merely the tip of the iceberg.” Neufeld is calling for innovators in fintech to work together to “build a better and stronger moat for the future.”

Neufeld says the entire industry of financial services is being “reinvented from the ground up,” and added: “We’re excited to be a part of this movement.”

If you are a developer, software architect, engineer, or CTO looking to hear from and network with some of the biggest builders in financial technology, then join us 6/7 October for FinDEVr 2015 in San Francisco. Save your spot and we’ll see you in the city by the bay!

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Finovate Alumni News

By David Penn Posted on September 24, 2015
Categories: Authy, Avalara, BillGuard, Fidor Bank, Five Degrees, Heckyl Technologies, Insuritas, Interxion, iSignthis, Lending Club, Market Prophit, Nexmo, Prosper, PsychSignal, TickerTags, TSYS, Twilio, Xignite

On Finovate.com

Commentary: “”Prosper Signals Move into PFM with $30 Million Acquisition of BillGuard“

Thanks to Xignite, the #FintechRevolution Will Be API’d”

Around the web

Lending Club adds Indiana, Kansas, and Nebraska, expanding its services to 36 states.

Premier Bank in Bangladesh extends payments agreement with TSYS, upgrading to PRIME4.

iSignthis to provide KYC services to Danish payment processor and card acquirer, Clearhaus, beginning in early 2016.

LeasePlan Bank implements Matrix digital banking platform from Five Degrees.

Peoples Bank & Trust hires Insuritas to launch turnkey insurance agency.

Kaspersky’s blog mentions Twilio’s Authy as a way to protect your ID on a smartphone.

Avalara announces the availability of a benefits program exclusively for U.S. QuickBooks ProAdvisors® and their clients.

Celent advises banks to be more like Fidor Bank in order to remain relevant.

The Neutral Internet Exchange NL-ix will use Interxion Cloud Connect to connect to Microsoft Azure as a part of its new cloud connectivity services.

TABB Research features Heckyl Technologies, Market Prophit, PsychSignal, and TickerTags in its new report on “social alpha 2.0.”

Nexmo teams up with mobile operator, H3G, to bring its SMS-based user-authentication technology to Sweden and Denmark. See Nexmo at FinDEVr 2015 in San Francisco next month.

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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FinDEVr APIntelligence

By Julie Muhn (@julieschicktanz) Posted on September 23, 2015
Categories: BehavioSec, Currency Cloud, FinDEVr APIntelligence, Intuit, Kantox, On Deck Capital, PayNearMe, PayPal, Personal Capital, Tradier, Xero

Are you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, to be held on 6/7 Oct in San Francisco.

Developer news

Fusion, Switzerland’s first fintech accelerator, selects 10 startups for its 12-month acceleration program that starts on 5 October.

The latest from upcoming FinDEVr 2015 presenters

PayPal explains its recently launched API Transactions Dashboard.

BehavioSec joins PwC’s Accelerator Programme.

Personal Capital appoints Mark Goines as CMO.

Business Insider ranks Currency Cloud among top fintech companies in Britain.

Let’s Talk Payments lists 25 top alternative lending startups including OnDeck.

Kanto X hits $2+ billion in currency exchange transactions.

7-Eleven and PayNearMe launch PayNearMe Bill Pay app, a full-service bill payment center.

OnDeck and Intuit join forces to launch $100 million lending fund for small businesses.

Alumni updates

Dynamic Trend integrates with Tradier Brokerage API.

Xero previews two new features—billable expenses and invoice reminders—for small-business users of its platform.

Stay up to date on daily developments by following FinDEVr on Twitter.

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From API to UX/UI: A Preview of FinDEVr 2015

By David Penn Posted on September 23, 2015
Categories: FinDEVr 2015, FinDEVr 2015 San Francisco

FinDEVr 2015 kicks off two weeks from today. Save your spot and join us in San Francisco, 6/7 October, for the premier event for fintech developers, engineers, and CTOs.

FinDEVr returns to the Mission Bay Conference Center at the University of California San Francisco for two days of fast-paced, TED-style presentations. Leading technology companies will showcase their latest tools, APIs, and case studies to help fintech developers optimize their innovations.

FinDEVr is a great way to stay on top of the latest trends in financial technology. For example, compare this year’s theme cloud above to the one below from our inaugural FinDEVr last year.

Many themes remain front and center, even after a year. Seeing Payments, Big Data and Mobile as major themes reminds us what matters most to those building tomorrow’s fintech today.

At the same time, the biggest and most interesting difference between this year and last is the rise of bitcoin and the blockchain. If we are in a golden era of financial technology, then the emergence of technologies like the blockchain is as good as evidence as any.

And from our point of view, the best part is the growing population of builders from around the world who are developing tools to enable faster, more secure, and less costly interactive experiences online for businesses and consumers, wherever they are. We believe if you’re a part of this community—or want to meet those who are—you’ll want to be with us on 6/7 October for FinDEVr.

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Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on September 23, 2015
Categories: BehavioSec, Concur, Currency Cloud, Dwolla, eToro, Flywire, iSignthis, Lending Club, Nutmeg, On Deck Capital, PayPal, Personal Capital, Red Giant, Simple, Stratos, StreetShares, Tradier, TransferWise, TSYS, Xero, Zopa

On Finovate.com

“FinovateFall 2015 in the Media“

“From API to UX/UI: A Preview of FinDEVr 2015“

Around the web

Stratos wins Fast Company’s Innovation by Design Award, the company’s third product award.

Business Insider ranks Algomi, Currency Cloud, eToro, Nutmeg, Zopa, and TransferWise among top fintech companies in Britain.

Concur integrates with GigSky to enable travelers to access the internet while traveling.

Dwolla expands its credit services to include instant money transfers among friends and family.

Let’s Talk Payments lists 25 top alternative lending startups including OnDeck, Street Shares, Zopa, and Lending Club.

Xero previews two new features—billable expenses and invoice reminders—for small-business users of its platform.

peerTransfer announces U.S., Europe expansion; rebrands as Flywire.

TSYS to expand its Enterprise Tokenization technology to support Android Pay.

Red Giant launches its Red Giant Family Plan to offer families a way to manage daily spending.

iSignThis‘ KYC services now satisfy U.S. anti-money laundering requirements.

PayPal explains its recently launched API Transactions Dashboard.

BehavioSec joins PwC’s Accelerator Programme.

Dynamic Trend integrates with Tradier.

Lending Club’s Carrie Dolan named one of American Banker’s 2015 Most Powerful Women in Finance.

Personal Capital appoints Mark Goines as CMO.

Matt Compton becomes COO of Simple, which has tripled its staff to 300 employees from February 2014.

TechCrunch features Lending Club’s coming-of-age story.

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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