FinDEVr 2014: InComm’s Cashtie API Provides Rails for Cash Payments

FinDEVr 2014: InComm’s Cashtie API Provides Rails for Cash Payments
This post is part of our live coverage of FinDEVr San Francisco 2014.
InCommLogo

InComm showed how its Cashtie API can enable customers to pay their bills using cash:


Cashtie API – Rails for Cash Payments
Cashtie is an API that enables cash payments for bill pay, funding an account and money transfer at InComm’s retail network. The Cashtie API connects to a transaction-processing platform and is the rails for cash payments from its partners.

Presenter: Thomas Cornelius, President Adility/Cashtie, InComm, and SVP, InStore Solutions

InCommHomepage
About:
InComm is the leading provider of prepaid and transaction technologies with 400,000 points of distribution, nearly $30 billion annual transaction volume and reaching over 1 billion customers weekly.
Website: cashtie.com | incomm.com 
Twitter: @cashtieapi | @incomm

FinDEVr 2014: Financial Apps Shows How its Relevancy Engine Helps Developers Deploy Big Data

FinDEVr 2014: Financial Apps Shows How its Relevancy Engine Helps Developers Deploy Big Data
FinancialAppslogo

This post is part of our live coverage of FinDEVr San Francisco 2014.

Financial Apps showed how its technology helps developers make the most out of financial data.

Driving the Data to Action
Detailed financial data is the “Big Data” we all want to work with. In this presentation, Financial Apps is showing how its Platform and Relevancy Engine enables developers to access, consume, and integrate consumer financial data within their solutions.
Presenters: Bob Sullivan (President) & Bill Kennedy (Chief Scientist)
FinancialAppsHome_FinDEVr2014
About:
Financial Apps provides a suite of development tools and API access for financial account and transactional data. Our solutions help to quickly build the next generation FinApp. The Financial Apps Relevancy Engine helps make data actionable, providing a comprehensive solution for Fintech development.
Twitter: @financial_apps

FinDEVr 2014: Forte Payment Systems Helps Developers Enable Payments into Their Applications

FinDEVr 2014: Forte Payment Systems Helps Developers Enable Payments into Their Applications
ForteLogo_FinDEVr

This post is part of our live coverage of FinDEVr San Francisco 2014.

Forte Payment Systems presented its RESTful APIs to help developers add payments to their apps.

Professional Payments Made Easy: Developer to Developer
Enable payments into your application with Forte’s full range of enterprise-class services. Our modern and professional RESTful APIs have been implemented to simplify integrations, yet keep power and flexibility for developers to build massively scalable and distributed payment-enabled solutions.
Presenter: Jeff Thorness (CEO, Founder & President)
ForteHome_FinDEVr2014
About:
Forte Payment Systems empowers developers to build secure and innovative electronic payment solutions for all platforms whether online, at a physical POS or on the road. Able to provide the modern, robust, and powerful options that large companies demand, along with the ease of use, simplicity, and affordability for the smallest of operations, Forte redefines the notion of flexibility and scalability.
Website: forte.net
Twitter: @fortepayments

FinDEVr 2014: Yodlee Shows Interactive APIs, Looks at What’s Next for Developers

FinDEVr 2014: Yodlee Shows Interactive APIs, Looks at What’s Next for Developers
This post is part of our live coverage of FinDEVr San Francisco 2014.
YodleeInteractiveLogo2

Yodlee announced its new Geolocation API and showed how developers can benefit from its entire library of Interactive APIs:


Demystifying the Yodlee Data
What is the Yodlee platform and what value do the Yodlee Interactive APIs open up to developers? What are the use cases and killer solutions built with the APIs, and what data does it enable? What is coming next for developers? We’ll cover categorization, wealth, and future enhancements.
Presenter: Joe Polverari (Chief Strategist & Dev. Officer, Yodlee; and Founder & GM, Yodlee Interactive) and Cheung Tam (Director API Product Management, Yodlee)
YodleeHomepage1
About:
Yodlee Interactive is a driving force behind today’s FinDat revolution with APIs that empower entrepreneurs, partners, and developers to power the latest digital financial innovations around the world. Yodlee Interactive APIs support independent and partner FinApps by providing authorized access to real-time data for customers’ current bank, credit card, investment, and loan accounts, as well as bills, insurance, and rewards programs. Yodlee Interactive APIs are behind hundreds of today’s coolest and most personalized digital experiences, including Credit Karma, LearnVest, miiCard, PowerWallet, SavvyMoney, SelfWealth, Xero, and Wave.
Twitter: @YIDeveloper 

FinDEVr San Francisco 2014: Helping Developers Do What Developers Do Best

FinDEVr San Francisco 2014: Helping Developers Do What Developers Do Best
FinDEVrLogo

Innovators from Avoka to Yodlee are taking the stage to practice their presentations here on rehearsal day at FinDEVr San Francisco 2014

And if you are a fan of fintech innovation, it’s hard to imagine being in a better place over the next two days than at the Mission Bay Conference Center at UCSF for this first event for fintech developers.

After all, the fact of the matter is that when it comes to innovative financial technology, if they build it, there’s a good chance they’ll be here.
FinDEVrSteel
And we are hoping you will be too. We’ve got two days of presentations and demonstrations, workshops and dedicated, high-quality networking sessions – all geared toward helping the growing community of fintech developers do what they do best.
That means not just building the kinds of technologies that make commerce, investment, and saving easier, safer, and more efficient. It also means helping developers forge the kind of key relationships with industry professionals that will help plot the course of fintech innovation for years to come.
So with that in mind, here are a few last minute details to help you make the most of your FinDEVr experience this week.
Where?
1675 Owens Street, Suite 251
San Francisco, California 94143-3008
When?
Day One – Tuesday, September 30
Registration begins at 8:00am. Light Breakfast available until 9:00am.
Presentations begin at 9:00am.
Day One will feature a single-track schedule of presentations and networking opportunities.
Day Two – Wednesday, October 1
Registration begins at 8:00am. Light Breakfast available until 8:30am.
Workshops begin promptly at 8:30am.
Day Two will feature a multi-track schedule of workshops and presentations.
See a full agenda at our website, or via our mobile, social media app.
How?
Of course, the best way to enjoy FinDEVr is to be here at the Mission Bay Conference Center in person. Tickets are still available  for one or both days of the event. Register today to save your spot.
And once you’ve registered, download our Bizzabo app, login with your registration e-mail and you’re ready to go.
If you can’t make it to the conference, then you can follow the action on our Live Blog at Finovate.com, and on our Twitter feed @FinDEVr. If you’re interested in joining the conversation, be sure to use #FinDEVr.
Questions? 
Email us at [email protected].

Alumni News– September 29, 2014

  • Finovate-F-Logo.jpgCreditCards.com and Wallaby launch the WalletUp mobile app to help consumers maximize credit card rewards.
  • LendingRobot will now manage up to $10,000 for free.
  • Billhighway debuts at #1 on Detroit Free Press Top Workplaces List in Small Business category.
  • miiCard participates in NSTIC Pilot for State of North Carolina eID Program.
  • Birdback brings card-linked offers to US and Brazil.
  • Smart Tuition and peerTransfer partner to help International tuition payers.
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.

FinDEVr San Francisco 2014: Are You Ready?

FinDEVr San Francisco 2014: Are You Ready?
FinDEVr_logo

We’ll be kicking off the first FinDEVr conference on Tuesday, September 30. There you’ll meet the developers and builders behind fintech companies such as Yodlee and Visa, and have the opportunity to code with them and others during several workshop sessions.

Haven’t got your ticket yet? There’s still time to pick yours up.
Here are some last minute details to help you prepare:

UCSF

Venue

We’ll be meeting up at the UCSF Mission Bay Conference Center:
UCSF Mission Bay Conference Center
1675 Owens Street Suite 251
San Francisco, CA 94143-3008
Agenda

Day One
On Tuesday, September 30, registration begins at 8AM and we’ll serve a light breakfast until 9AM, at which point the presentations will begin. We’ll have a single-track schedule featuring presentations and intermittent networking sessions.
Day Two
On Wednesday, October 1, registration and a light breakfast will run from 8AM to 8:30 AM, and the first workshop will begin at 8:30AM. We’ll have workshops throughout the day, running alongside separate presentation sessions in the afternoon.
For a detailed view of the agenda, check out our website or download the mobile app.
Don’t forget
    • Remember to pack plenty of business cards and wear comfortable shoes
    • Download the Bizzabo app before the show to get a glimpse of who you’ll be rubbing elbows with
    • Contribute to the conversation on Twitter using #FinDEVr, and follow @FinDEVr to stay updated on news about the companies on stage 
    • Check out the blog (Finovate.com) to watch the live coverage of each company’s presentation
    • If you have any last minute issues or questions, please email [email protected] and our team will be happy to help. We can’t wait to see you all in San Francisco!

Fifty Nifty Companies Presenting at FinDEVr Next Week

Fifty Nifty Companies Presenting at FinDEVr Next Week

Ahead of the FinDEVr conference next Tuesday and Wednesday, 50 companies will make their way to the UCSF Mission Bay Conference Center in San Francisco.

While 14 of the companies are local to the bay area, others will travel from all over the U.S. and even the globe to present their APIs, SDKs, and other tools at the first ever FinDEVr conference.

Here’s what the spread looks like (click to enlarge):

FinDEVrPresenterMap
Still don’t have your ticket to FinDEVr? There’s still time to pick one up before the show next week.

If you’re already registered, be sure to join the community of other developers on the Bizzabo app. Just download Bizzabo from the app store and search “FinDEVr”.

FinDEVrAppSlide2

See you in San Francisco!

Radius Raises $54.7 Million in Series C Round

Radius Raises $54.7 Million in Series C Round
RadiusLogo

Bringing Big Data to bear to help companies market to small and medium-sized businesses, Radius announced this week that it had raised $54.7 million in funding in its Series C round. The infusion of capital takes the San Francisco-based company’s total financing to more than $80 million.

The Series C was led by Founders Fund, and included participation from a host of new and existing investors:

  • BlueRun Ventures
  • Formation 8
  • Glynn Capital Management
  • Slow Ventures
  • Western Technology Investment
  • Yuan Capital
Also involved in the round were individual investors John Mack (chairman, Morgan Stanley), Charles Songhurst (former Microsoft corporate vice-president), and actor/musician Jared Leto.
RadiusHomepage
The funding will go toward on boarding additional engineering, data science, and marketing talent, as well as helping support the company’s plans to expand globally.
Radius CEO Darian Shirazi points to having a “core competency” in data science as a key differentiator between his company and its competitors, calling it “the only way to build great marketing intelligence”. A software engineer at Facebook at the age of 17, Shirazi’s approach marries proprietary data and public information to provide exacting “confidence scores” that help show which prospects are most likely to turn into actual sales. 
In real-time, Radius tracks 40 million businesses with 50 billion data points. And by providing the software with feedback on ROI and sales that actually close, the technology becomes more accurate and intelligent.
Radius demoed its technology as part of FinovateSpring 2014 in San Jose. See a video of the company in action.

Taulia Closes $13 Million in Funding from Singapore-based Economic Development Board and BBVA Ventures

tauliaLogo.jpg

In the calm between the FinovateFall and FinDEVr conference storms, we’ve received news of three recent fundings from Finovate alums. Along with BillGuard and Bionym, one more Finovate alum announced funding this week. 

Taulia, a company that provides e-invoicing services and other supplier services, such as financing, added $13 million to its round of Series D funding. New investors in the San Francisco-based company include EDBI (Singapore-based Economic Development Board) and BBVA Ventures.

Taulia has raised a total of almost $76 million since its 2009 launch. Previous funding includes:

Seed

  • Amount: $6 million/ Undisclosed
  • Closed: Unknown
  • Investor: Trinity Ventures

Series A
    • Amount: $3.2 million
    • Closed: December 6, 2010
    • Investors: Trinity Ventures, Matrix Partners, and David Wu

Series B 

    • Amount: $8.5 million
    • Closed: July 1, 2011
    • Investors: Trinity Ventures Matrix Partners DAG Ventures
Series C
    • Amount: $18 million
    • Closed: August 23, 2013
    • Investors: TELUS Ventures, Matrix Partners, Trinity Ventures, DAG Ventures, Lakestar

Series D

    • Amount: $27 million
    • Closed: July 22, 2014
    • Investors: SEB Private Equity, DAG Ventures, Lakestar, Matrix Partners, Trinity Ventures, QuestMark Partners
The new $13 million installment is the second part of its Series D round, bringing the total Series D round to $40 million. 
According to TechCrunch, Taulia will use the new funding to continue expansion into new markets.

Taulia demonstrated at FinovateSpring 2012, where it debuted its Early Payment Network.

Fintech Fundings: 17 Companies Raise $242 Million in Week Ending Sep 26

It was another stellar week in fintech fundings, simultaneously providing ammunition to those that think that private investments have peaked, while proving that it has not. The total included 2 Finovate alums: Bionym, which picked up $14 million and is scheduled to speak at FinDEVr next week and Taulia ($13 mil). Overall, the week saw 17 companies rack up a total of $242 million. 
For the month of September, a total of $770 million went into the sector (or about $600 million if you don’t classify Radius ($55 million) or Strategic Funding Source ($110 million) as fintech companies). That’s a $10 billion annual run rate. 
Radius 
Data analytics (broader than just fintech, but has significant financial focus)
Latest round: $54.7 million
Total raised: $79 milliion
Tags: Big data, marketing, analytics, San Francisco, Finovate alum
Source: Crunchbase
Chinese mobile financial app developer
Latest round: $50 million
Total raised: $60 million
Tags: Mobile, China
Source: Crunchbase
Mobile SMB invoicing technology
Latest round: $35 million
Total raised: $35 million
Tags: SMB, mobile, accounting, invoicing, Sydney, Australia
Source: Crunchbase
German B2B payments provider
Latest round: $15 million
Total raised: 
Tags: B2B, payments, Germany
Source: Crunchbase
Healthcare payments network
Latest round: $15 million
Total raised: $77 million
Tags: Payments, healthcare, insurance, Philadelphia, Pennsylvania
Source: FT Partners
Bionym (meet them at FinDEVR Oct 1)
Biometric authentication technology
Latest round: $14 million
Total raised: $15.4 million
Tags: Security, biometrics, authentication, Toronto, Canada
Source: Crunchbase
Brazilian mobile financial services and prepaid card
Latest round: $14 million
Total raised: $14 million
Tags: Mobile, PFM, prepaid card, MasterCard, Sao Paulo, Brazil
Source: Crunchbase
Cloud-based invoicing and payments for enterprises
Latest round: $13 million
Total raised: $76 million
Tags: Accounting, invoices, billpay, receivables, Finovate alum
Source: Crunchbase
Zero-commission stock trading
Latest round: $13 million
Total raised: $16 million
Tags: Investing, stocks, trading, Redwood City, California
Source: Crunchbase
Budgeting and forecasting software for SMBs
Latest round: $9.5 million
Total raised: $9.5 million
Tags: SMB, accounting, receivables, Natick, Massachusetts
Source: FT Partners
Malaysian personal finance services comparison site
Latest round: $4 million
Total raised: $6.5 million
Tags: personal finance, Malaysia
Source: Crunchbase
SMB supply-chain financing
Latest round: $2 million
Total raised: $2 million
Tags: Crowdfunding, working capital, SMB, P2P, lending, New York
Source: Crunchbase
OmnyPay (unknown URL)
Stealth payment startup
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Payments, San Francisco, California
Source: Crunchbase
French mobile POS provider
Latest round: $1.2 million
Total raised: $1.8 million
Tags: mobile, payments, SMB, POS, Paris, France
Source: FT Partners
Real estate crowdfunding
Latest round: $800,000
Total raised: $1.5 million
Tags: P2P, lending, credit, real estate, mortgage, Portland, Oregon
Source: Crunchbase

Moka

Mobile POS technology

Latest round: Undisclosed
Total raised: Unknown
Source: Crunchbase
Medical Payment Exchange (URL unknown)
Healthcare payments management for the enterprise
Latest round: Undisclosed
Total raised: Undisclosed
Tags: Healthcare, payments, insurance, Cleveland, Ohio
Source: FT Partners

Oh Bionym! Canadian Security Startup Raises $14 Milion

Oh Bionym! Canadian Security Startup Raises $14 Milion
BionymLogo_FinDEVr

In a round led by Ignition Partners and Relay Ventures, Toronto-based authentication specialist, Bionym has brought in $14 million in new funding

Bionym is the maker of the Nymi, a wearable authentication solution that uses an individual’s cardiac rhythm to provide a unique identifier that makes pass codes and PINs passé.

The Series A funding comes just days before Bionym is scheduled to demonstrate the Nymi – and the technology behind it – at FinDEVr, the first event for fintech developers, in San Francisco.
BionymNymiHomepage
Karl Martin, Bionym CEO, said that the new funding will help the company meet “manufacturing milestones” as well as help add talent to the team. Quoted in Reuters, Ignition Partners managing partner, Nick Sturiale pointed to commitments from a broad range of third-party app developers as key in helping Bionym grow the number of use cases for its wearable authentication solution.
Also participating in the round were Export Development Canada (EDC), MasterCard, and the corporate investment arm of Salesforce.com, Salesforce Ventures. Bionym’s total capital now stands at $15.4 million.
Bionym’s Nymi is an example of how innovators are looking at new ways to both make the authentication process seamless as well as take advantage of the trend toward wearables. Founded in 2011, Bionym just announced its 40th employee, and a move into new offices in downtown Toronto.
Meet the team from Bionym next week at FinDEVr. Tickets to the two-day event are available here.