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Kreditech Secures $200 Million Line of Credit

By Julie Muhn (@julieschicktanz) Posted on January 23, 2015
Categories: Funding, Kreditech

Germany-based Kreditech said, “hallo” to a $200 million line of credit yesterday. Victory Park Capital supplied the debt.

The company has served 2 million customers in 9 countries since launching in 2012. It will use this debt to “address the growing demand for loans of longer durations at fair prices.”

Kreditech CFO, Rene Griemens says, “Setting the stage for our upcoming Series C financing round, the credit facility will reaccelerate our growth well beyond the 500 percent per year mark.” According to TechCrunch, the impending Series C round will bring Kreditech to a $750 million pre-money valuation before its anticipated IPO in two to three years.

Kreditech uses its big data credit-scoring technology to better serve the world’s un and underbanked population, which accounts for four billion people. Earlier this month it acquired Kontomierz for its KYC technology and ability to get unique data in real-time.

Check out its live demo from FinovateSpring 2014.

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Alumni News– January 23, 2015

By David Penn Posted on January 23, 2015
Categories: Akimbo Financial, BankBazaar, Betterment, Bill.com, BlueVine, Encap, EZBOB, FutureAdvisor, Google Cloud Platform, Jemstep, Kreditech, LearnVest, MaxMyInterest, Mifos Initiative, Motif Investing, On Deck Capital, Personal Capital, SigFig, Toshl, TradeKing, Wealthfront

Internet Retailer looks at the relationship between product reviews and revenue courtesy of a new report from Baazarvoice.

Xero highlighted as “our best purchase of 2014” by Business Betties.

MakeMoneyYourWay profiles EZBOB and its new business loan promotion, the New Year’s Revolution.

Zee News’ Money Guru interviews Abhishek Dwivedi, vice president operations at BankBazaar.com.

Liverpool Echo features Toshl Finance in its list of must-have apps for busy moms.

Investopedia’s guide to choosing roboadvisors spotlights nine Finovate alums: Betterment, FutureAdvisor, Jemstep, LearnVest, Motif Investing, Personal Capital, SigFig, TradeKing, and Wealthfront.

Benzinga Fintech Awards publishes its video interview with Gary Zimmerman, CEO of MaxMyInterest.

American Banker covers OnDeck’s small business loan marketplace for institutional investors.

Pymnts interviews René Lacerte, CEO and Founder of Bill.com about how to simplify B2B payments.

Mifos welcomes new partners: SkooliLabs and iSystems

Google Cloud Platform releases beta of Google Container Registry for secure hosting, sharing, and management of private container repositories.

BlueVine Grabs $18.5 Million to Increase Small-Business Lending.

Encap Security CEO Thomas Bostrom Jorgensen asks if biometrics provide a “false sense of security” in a column for Bob’s Guide.

Akimbo Financial acquired by Payment Data Systems.

Kreditech Secures $200 Million Line of Credit.

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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FinovateEurope 2015 Sneak Peek: Part 4

By David Penn Posted on January 22, 2015
Categories: Bendigo and Adelaide Bank, CPB Software AG, FinovateEurope 2015 Sneak Peek, Ixaris, JSC Delta Bank, QCR, Topicus

Will you be joining us live for FinovateEurope 2015? Following the action via the Finovate Live Blog and Twitter feed (@Finovate)?

However you plan on participating in the first Finovate conference of the year, our Sneak Peek series helps you get to know the presenting companies before they hit the stage next month.

We’ve already highlighted 18 out of the more than 70 companies demonstrating their latest technologies. If you missed them, you can get up to speed with Parts 1, 2 and 3 of our Sneak Peek series below.

Sneak Peek Part 1: ebankIT, Jumio, SOFORT, TradeRiver Finance, Xignite, and Yoyo

Sneak Peek Part 2: AlphaPoint, Avoka, Encap Security, investUP, Nostrum Group, and StreetShares

Sneak Peek Part 3: CoinJar, EVRY, FOBISS, Strands, Trunomi, VATBox

Today we bring you another set of six presenters: Bendigo and Adelaide Bank, CPB SOFTWARE, Ixaris, JSC Delta Bank, QCR, and Topicus.Finance.

Bendigo and Adelaide Bank have a long, 156-year history of innovation. Our latest innovation is redy, a mobile commerce platform.

Features

A mobile commerce platform that connects shoppers, businesses, and the community for a common cause
Fast and secure mobile payments
Easy, fast, and secure donations

Why it’s great

redy is a fast and secure mobile commerce platform that improves the shopping experience and connects shoppers, businesses, and communities for a common cause.

Presenters

Robert Musgrove, Executive Community Engagement

Musgrove played a pivotal role in the expansion of Community Bank. He is always on the lookout for ways to give back to his community.

Rick vanEmmerik, Mobility Manager

vanEmmerik has been with Bendigo and Adelaide Group for 7 years. He has been part of the redy team since its inception.

CPB SOFTWARE offers profound expertise, creativity, flexibility, and high quality financial software solutions including premium ASP and BPO services.

Features

PROFOS is the app for bankers
Manage your clients anytime and anywhere
The best way to support your advisors and clients

Why it’s great

PROFOS – The Bank is where Clients are!

Presenters

Peter Thomayer, CEO

Thomayer is founding member and since 2000 CEO of CPB Software. Areas of responsibility: strategy, human resources, marketing, and sales. Held different leading positions in some banks before.

Barbara Aigner, Consultant

Aigner is founder and CEO of emotion banking, a consultant company for banks and founder of victor, the main analysis and championship for banks in the German-speaking area.

Markus Nekham, Consultant / Advisory Board

Nekham is founder and CEO of networx business services. He is lecturer at the Vienna University of Economics and Business, and a negotiation and communication consultant and coach.

Ixaris is a fintech company specializing in the delivery of next generation card programs.

Features

Extend your card programs offering with apps from our App Store
Reduce burden on your IT through an on-the-cloud platform
Reduce card program management overheads with self-service tools

Why it’s great

Card programs tailored to your customer needs by your own customers

Presenters

Patrick Abela, Product Director

Abela has 15 years experience specializing in leveraging technology to deliver innovative and competitive payment products and solutions.

Reno Scerri, Pre-sales and Solutioning Manager

Scerri has over 10 years’ experience in technology products, with special focus on design and delivery of solutions for the payments industry.

JSC Data Bank is a Ukranian innovative universal bank that provides a wide range of products and services for all types of clients.

Features

Transfer money via Facebook
Transfer money using only the recipient’s mobile phone number
Service is available without registration for everyone

Why it’s great

Pay2You is a service that makes your communication channels available for transferring money.

Presenter

Stanislav Ostrovsky, Head of R&D Department

QCR has developed RiskAware, an innovative credit risk assessment technology which can add major value to existing risk management practices at financial institutions.

Features

Drastically improved corporate default predicting power
Deeper credit risk analysis and more accurate quantification of credit risk
Faster credit risk management, quicker SLA times

Why it’s great

Through faster and more accurate credit risk management, RiskAware can save millions of USD a year in credit losses for financial institutions.

Presenters

Tamas Varkonyi, Founder and CEO

Varkonyi’s professional career in credit risk management spans 12 years. Before founding QCR, he managed a credit portfolio at CIT Group and underwrote loans at Barclays.

Sandor Kocso, CTO

Kocso is a seasoned technologist with 10 years of experience developing financial software applications at Morgan Stanley and Leonteq Securities, Switzerland.

Topicus.Finance is a flexible, process-oriented business lending platform with self-service capabilities.

Features

With FORCE Business Lending:

Enable automatic loan origination
Achieve seamless fulfillment for all parties
Facilitate everything from orientation to a fully-repaid debt

Why it’s great

“Customer centric” is no longer a hollow phrase. FORCE Business Lending enables your employees to fully focus on (the business of) your customer.

Presenters

Michiel Schipper, Managing Director

Jamie Burink, Head of Business Lending

FinovateEurope 2015 will be held February 10 and 11 in London. Pick up your tickets today and join us for the first Finovate conference of the year.

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BlueVine Grabs $18.5 Million to Increase Small-Business Lending

By Julie Muhn (@julieschicktanz) Posted on January 22, 2015
Categories: BlueVine, Funding

Being a small business short on funds is never a good thing. However, with more startups tackling short-term funding headaches for small businesses, there are now more options available.

For example, BlueVine Capital raised $18.5 million in a series B round today, bringing its total funding to $24 million. The announcement comes a day after its competitor, Taulia, pulled in $15 million.

The funding was co-led by 83North (formerly Greylock Partners) and Lightspeed Ventures. Silicon Valley Bank, Correlation Ventures and private investors also contributed.

The Palo Alto-based company will use the funding to expand into new verticals and add software integration. It also plans to double its employee base this year.

In March of 2014, BlueVine beta-launched its cloud-based platform that helps small businesses smooth out their cash flow by freeing up funds stuck in unpaid invoices. Businesses can receive credit lines from $5,000 to $50,000.

Since launch, BlueVine has processed thousands of invoices and provided several million dollars to small businesses in the U.S.

Check out BlueVine’s debut at FinovateFall 2014 in New York.

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Taulia’s Fresh $15 Million to Fuel International Growth

By Julie Muhn (@julieschicktanz) Posted on January 22, 2015
Categories: Funding, Taulia

Invoice management company, Taulia, raised $40 million over the last six months, and brought in even more cash yesterday. The new, $15 million installment, which has been added to its previously-closed Series D round, comes from Zouk Capital.

Since launching in 2009, the San Francisco-based company acquired BillFLO in 2011 and has raised a total of $91 million. It operates primarily in North America and Europe and the new funds will be used to fuel international expansion.

The growing funding mirrors the company’s rising success. Over the past year, Taulia has doubled the number of employees to 200. Additionally, its network of suppliers has grown by 186%.

At the start of 2015, Tauila brought Rik Thorbecke on board as CFO. In the remainder of the year, the company plans to bolster R&D efforts and expand its enhanced financing options for buyers.

Taulia demonstrated its Early Invoicing Platform at FinovateSpring 2012.

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Alumni News– January 22, 2015

By David Penn Posted on January 22, 2015
Categories: Bendigo and Adelaide Bank, Braintree, Coinbase, CPB Software AG, Digital Retail Apps, GMC Software Technology, Ixaris, JSC Delta Bank, Kreditech, planwise, QCR, Realty Mogul, Silanis Technology, Temenos, Topicus, TradeKing, Trustev

Kreditech secures $200 million credit line from Victory Park Capital.

GMC Software and Silanis Technology partner to integrate eSignLive with Inspire.

Internet Retailer features Trustev CEO Pat Phelan in discussion on consumer fraud.

TradeKing unveils Risk Assist to protect clients against steep market declines.

Braintree completes initial integration with Coinbase; opens up private beta access.

Financial Post business section features Digital Retail Apps in its look at digital payments in 2015.

Realty Mogul adds new Senior VP of Mortgage Operations, Kendra King.

Temenos forges strategic alliance with EFT processor, Elan Financial Services.

Check out our latest FinovateEurope 2015 Sneak Peek, Part 4 featuring Bendigo and Adelaide Bank, CPB Software AG, Ixaris, JSC Delta Bank, QCR, and Topicus Financial.

Planwise launches Connect, leveraging affordability tools to help real estate agents engage potential buyers.

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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True Link Raises $3 Million in Round Led by Cambia Health Solutions

By David Penn Posted on January 21, 2015
Categories: True Link

Recently highlighted by The Wall Street Journal as a top online tool for retirees, True Link has raised $3.4 million dollars in a round led by an atypical fintech investor: Cambia Health Solutions.

Also participating in the round were Collaborative Fund, Generator Ventures, and Kapor Capital.

The investment is the first significant infusion of capital for the True Link. Founded in February 2013 and based in San Francisco, the company debuted its True Link Prepaid cards at FinovateSpring 2014. CEO Kai Stinchcombe introduced the technology as a way to help prevent elder Americans from financial exploitation, fraud, and abuse, while still ensuring seniors can have an active financial life.

As reported in Techcrunch, Stinchcombe finds Cambia’s relative lack of Silicon Valley cred to be a feature rather than a bug. He credits Cambia’s “strong thesis around aging” as a major synergy compared to other potential investors whose focus may be more youth-culture oriented.

(Above: True Link CEO Kai Stinchcombe at FinovateSpring 2014)

The company plans to use the capital to look into protecting other consumer assets such as credit scores.

True Link’s technology consists of a prepaid debit card with a variety of safeguards. The cards can be set up to block transactions at certain stores or certain categories of items or even certain types of transactions (i.e., no online transactions). It can also be used to establish spending limits, and to send alerts whenever a transaction threatens to breach them.

The service is $10 a month. Cards can be funded from a bank account or direct deposit, and True Link says the process takes less than five minutes to set up.

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LendingRobot Pulls in $3 Million to Boost Your Lending Club and Prosper Portfolios

By Julie Muhn (@julieschicktanz) Posted on January 21, 2015
Categories: Funding, LendingRobot

Yesterday, LendingRobot received $3 million in funding for its platform that helps individuals invest like pros on P2P lending sites, Prosper and Lending Club. Europe-based Runa Capital led the Series A round.

The new funding, plus the undisclosed amount received in a Seed round last April, brings LendingRobot’s total raised to somewhere north of $3 million.

The Washington state-based company plans to use the funds to add new features, enhance its prediction models, and accelerate growth.

LendingRobot uses an algorithm to invest users’ available balance in their Prosper and Lending Club accounts to get them the best return.

How is this different from Prosper’s QuickInvest or Lending Club’s Automated Investing?

Think of it as Bid Sniper software for eBay-meets P2P Lending. Popular loans are funded seconds after they are posted on Prosper or Lending Club, usually by institutional investors or hedge funds with automated loan investing technology. By the time the average individual makes their investments, often times the best loans have already been snatched up.

Additionally, it offers its 1,000+ users more than 40 filtering criteria to insure their cash is being invested how they want.

LendingRobot has no up-front fees, and manages users’ first $10,000 for free, after which it takes 0.45% per year.

LendingRobot was recently named a finalist in SWIFT Innotribe’s Startup Challenge.

We featured LendingRobot in our Behind the Scenes feature in May of 2014. Check out LendingRobot’s live debut at FinovateSpring 2014.

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Alumni News– January 21, 2015

By David Penn Posted on January 21, 2015
Categories: Akimbo Financial, AlphaPoint, Arroweye Solutions, Avoka, Azimo, BrightScope, Coinbase, CustomerXPs, Encap, EZBOB, iBillionaire, InComm, investUP, Kreditech, Malauzai Software, Mitek, Nostrum Group, On Deck Capital, PayPal, Roostify, StreetShares, TIO Networks, Tradeshift, TrueLink Financial, Wall Street Survivor, Yodlee

Your Personal Financial Mentor profiles EZBOB.

BrightScope releases AdviceMatch, a free online service to help consumer choose financial advisors.

OnDeck Marketplace emerges from pilot program. Platform helps institutional investors buy small business loans.

Venture Burn takes a look at Azimo and the West African remittance market.

Kreditech named Germany’s leading digital innovator of the year by Focus Magazine.

Arroweye Solutions CEO Render Dahiya urges issuers on EMV adoption.

Check out FinovateEurope 2015 Sneak Peek: Part 3.

Coinbase Raises $75 Million from BBVA, USAA, NYSE, & Others.

Millennial-focused BankMobile app is powered by Malauzai Software and uses Mitek to power mobile customer on-boarding.

Roostify describes its experience with Yodlee’s FinDat Disruptor program.

PayPal to use InComm to support PayPal’s digital gifts services in Canada.

Yale Undergraduate selects Wall Street Survivor to help students understand investing and personal finance.

Technical.ly/ Baltimore looks at how TIO Networks powers Baltimore’s online bill pay system.

Tradeshift wins Circular Economy Digital Disruptor Award held at the World Economic Forum in Davos, Switzerland.

CustomerXPs and EY, a tax advisory firm, partner to help companies deal with fraud.

iBillionaire updates mobile app & releases new High Dividend Index.

Payment Data Systems to acquire Akimbo for $3 million.

Be sure to check out FinovateEurope Sneak Peek #2 featuring AlphaPoint, Avoka, Encap Security, investUP, Nostrum Group, and StreetShares.

True Link Raises $3 Million in Round Led by Cambia Health Solutions.

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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FinovateEurope 2015 Sneak Peek: Part 3

By Julie Muhn (@julieschicktanz) Posted on January 20, 2015
Categories: CoinJar, EVRY, FinovateEurope 2015, FinovateEurope 2015 Sneak Peek, FOBISS, Strands, Trunomi, VATBox

We’ll be in London three weeks from today, where drinks will be served, networking will be in full force, and we’ll be wrapping up the first day of FinovateEurope 2015 (get your ticket here).

To help you prepare for the onslaught of 70+ live demos full of new technology, some of the presenters provided us a summary of what to expect from them on stage. This week, we’re featuring CoinJar, EVRY, FOBISS, Strands, Trunomi, and VATBox:

Don’t miss previous posts:

CoinJar is a digital finance platform that gives customers a way to manage and spend both traditional and digital currencies when and how they want.

Features

Store bitcoin without volatility
End-to-end solutions to make bitcoin adoption easy
Buy bitcoin reliably with a simple interface

Why it’s great
CoinJar provides end-to-end solutions to unlock Bitcoin’s potential.

Presenters

Asher Tan, CEO and Co-Founder
Economic Analyst. Researcher. Bitcoiner.
LinkedIn

Ryan Zhou, COO and Co-Founder
Rubyist. Student at University of Melbourne. Bitcoiner.
LinkedIn

EVRY is the Nordics’ leading financial service provider and is presenting Spendific, a concept designed to make personal finance simple.

Features

Automatically generates personalized budget based on previous spending
Gives users feedback on their finances in real-time
Motivates users to reach their goals

Why it’s great
In Spendific there are no complicated graphs or charts to tell you whether you’re on track with your finances. Just one number. No worries.

Presenters

Anne Moa, Product developer
Moa has previously worked as a youth economist in a large Norwegian bank, with responsibility for the bank’s main channel of communication towards young people.
LinkedIn

Magne Meldal, Business developer
Combining two decades of technology and marketing experience with an open mind, Meldal is passionate about bringing better financial services to consumers.
LinkedIn

FOBISS is a first modern tool enabling retail banks to manage their entire cash supply chains with one button click.

Features

Automates optimization and decision-making
Based on Artificial Intelligence technologies
Can be flexibly adapted to existing processes

Why it’s great
The industry’s first and only cash management system empowered by Artificial Intelligence and driving best decisions on time.

Presenters

Mindaugas Leonavicius, Managing Director
Leonavicius has more than 10 years of experience in management consulting. Led multiple businesses through start-up phases from establishment to breakeven.
LinkedIn

Andrius Ojeras, Global Sales Director
Ojeras is an IT Sales professional with more than 10 years of experience within multinational IT organizations.
LinkedIn

Strands designs and creates next-generation digital banking experiences to help individuals and SMEs manage their finances.

Features

Help SMEs analyze and forecast future financial needs
Empower SMEs to deliver targeted marketing campaigns on mobile devices
Help banks address the digital banking needs of business owners

Why it’s great
With Strands Loop, financial institutions can create a more seamless and personal banking experience and build better relationships with their SME clients

Presenters

Dario Lombardi, General Manager, Strands Finance
Lombardi leads the Finance BU. He joined Strands in 2011 as Business Development Director and has been responsible for managing sales in EMEA. Prior to Strands, he worked for Bloomberg LP
LinkedIn

Cesar Jimenez Richardson, Director, Business Development
Richardson joined Strands in 2014 and is managing Strands Finance in the Americas. Previously he founded and managed tech startup companies in travel and education tech arena and worked for Bloomberg LP
LinkedIn

Trunomi offers an innovative technology platform that streamlines Know Your Customer and mobile verification using a revolutionary consent-based data sharing platform.

Features

TruMobile securely connects customers with banks.
Monetises and personalises your customer’s data experience.
Streamlines verification KYC using a revolutionary consent-based data sharing platform.

Why it’s great
A customer-focused mobile solution that eliminates their most significant pain-points; making their account opening and data management experience simple, secure and easy.

Presenters

Stuart Lacey, Founder & CEO
Lacey is an innovator, team-builder and thought leader. Sometimes mistaken for the Energizer Bunny – he is relentless in his drive to find better ways to learn, build, nurture and share great ideas.
LinkedIn

Chia Brewin, Customer Development Executive
Brewin is a multi-tasking, Trunomian super-star. She attended University in the UK, helped run campaigns for major political parties then earned a black belt in the “Art of Customer Development”.
LinkedIn

VATBox is the first, cloud-based automated solution for Foreign/Domestic VAT recovery, providing data-driven visibility and insights while maximizing VAT returns.

Features

Eliminate human-error and resources with automated VAT technology
Gain complete visibility, compliance and control of VAT spend
Benefit from VAT recovery optimization, maximizing refunds

Why its great
VATBox’s Automated VAT recovery solution enables customers to have one global process that tracks and manages VAT spend with ease, and to maximize VAT refunds.

Presenters

Isaac Saft, Co-Founder & CEO

2012 – 2013 – President and Global Business Development, KCS Ltd
2004 – 2012 – Founder and Chief Executive Officer, KCS Ltd
1994 – 2003 – Commanding Officer, Israel Defense Forces

Stephen Coleclough, Advisory Board Member

Coleclough is a Tax Consultant in Mishcon de Reya’s Tax Group with over 30 years’ experience in tax and law. He was formerly a Partner and Global Leader of Indirect Taxes at pwc.

FinovateEurope will be held February 10 & 11 in London. Pick up your ticket today to save your seat at the hottest fintech event of the year.

Questions? Check out our FAQ for some answers.

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Coinbase Raises $75 Million from BBVA, USAA, NYSE, & Others

By Julie Muhn (@julieschicktanz) Posted on January 20, 2015
Categories: Coinbase

Amid recent murmurs of cryptocurrency’s projected outlook for 2015, bitcoin wallet Coinbase just received some credibility from some major financial institutions.

The San Francisco-based company pulled in $75 million in a round led by Draper Fisher Jurvetson (DFJ). BBVA Ventures, USAA Bank, New York Stock Exchange (NYSE), and Crypto Currency Partners also contributed, along with existing investors Andreessen Horowitz, Union Square Ventures, and Ribbit Capital.

From a fintech standpoint, the most notable investors are BBVA and USAA. Both have historically been known for being on the cutting edge of fintech. In an interview yesterday with CoinDesk, BBVA Ventures executive director Jay Reinemann stated:

“This is unfortunately not an announcement that we’re opening up the bank to do that, it’s moreso a precursor. We need to better understand the industry and understand how merchants and consumers are interacting with bitcoin.”

According to TechCrunch, this is the largest round yet a bitcoin-related company has raised. The new installment adds up to more than double its last three rounds combined, and brings its total funding to almost $107 million.

What’s a bitcoin-focused company to do with all of those dollars? The Coinbase team will use the money to work on its mobile channel, increase its international availability from the current 19 countries to 30 countries, and build out its API.

To see the Coinbase wallet in action, check out its live demo from FinovateSpring 2014 where it demoed Instant Exchange.

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Renren Leads $40 Million Funding Round for Motif Investing

By David Penn Posted on January 20, 2015
Categories: Motif Investing

In one of the more interesting investments in recent months, Chinese social network, Renren has led a $40 million funding round for investment platform, Motif Investing.

The funding takes Motif’s total capital to more than $120 million.

Renren founder and CEO Joseph Chen said that Motif was the kind of “disruptive technology” that can “transform markets.” He sees the platform as serving both retail and institutional investors in the United States and around the world.

But perhaps it was Carl Stern who put it best. The former Vice Chairman of the Investment Banking Division at Goldman Sachs and former Chairman and CEO at The Boston Consulting Group, said “Motif Investing is experiencing success because it provides a differentiated model to advisors and retail investors that make smart investing simple at minimal cost.”

The investment from Renren is part of the company’s campaign to invest approximately $500 million in fintech startups. According to the Wall Street Journal blog’s reporting, Renren is looking to diversify its revenue away from an emphasis on advertising. The blog quotes Chen saying, “making money purely through mobile advertising in China is too difficult.”

(Above: Motif Investing co-founder and CEO, Hardeep Walia at FinovateSpring 2014)

Motif says that Renren’s support could help the company eventually expand into China. For now, the company is looking to move into both the U.K. and Hong Kong in 2015.

Motif’s technology lets investors and traders build their own exchange-traded funds. The platform leverages the creativity of its investment community to develop investment products that are often more unique and topical than those traditionally available.

Founded in 2010 and headquartered in San Mateo, California, Motif Investing is a multiple Best of Show award winning alum, earning honors for demonstrations of its technology at both FinovateFall 2013 and FinovateSpring 2014.

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