Blog - Page 972 of 1286

LendUp iPhone App Enables Mobile Borrowing

By David Penn Posted on November 21, 2013
Categories: LendUp

Fresh off its announcement of having raised $14 million in capital, alternative lender LendUp has launched its iPhone app.The app will enable borrowers on the go to get short-term loans of up to $250. Return customers can borrow as much as $1,000, with deposits available in as little as 15 minutes for borrowers at participating banks.LendUp earned Best of Show honors earlier this year at FinovateSpring in San Francisco. See its winning demo here.

Finovate Alumni News– November 21, 2013

By David Penn Posted on November 21, 2013
Categories: BancVue, Banno, Betterment, Holvi, IDology, Kasasa, Manilla, SimpleTuition, Tagit, Toopher, TransferWise

HPC Wire takes a look at the partnership between Toopher and Texas Advanced Computing Center.Regulators green light IDology plans for New Jersey expansion.Jackson Free Press uses data from Manilla to source column on student loan debt.Michigan-based ECCU introduces a responsive designed website powered by Banno.MyBankTracker reports: SimpleTuition's SmarterBank to Shut Down Due to Low Participation.International Business times considers how Holvi and TransferWise are revolutionizing banking.Tagit powering Maybank P2P m-payment Service in Singapore.BancVue's Kasasa wins Five 2013 MarCom Awards.Betterment CEO Joe Stein talks about the online RIA industry with RIA Biz.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.

Finovera Launches Out of Private Beta to Help Consumers Track and Pay Online Bills

By Julie Muhn (@julieschicktanz) Posted on November 20, 2013
Categories: Finovera

Finovera, the platform that serves as a single place where consumers can manage their online bills and accounts, is launching out of private beta this week.The free platform aggregates consumers' bill payments from more than 10,000 billers to provide a single place where they can access and pay their bills. Some of the features include:Track paymentsSet payment remindersView metrics from up to 12 months of historical dataIt also provides users with a view of trends and analytics from their accounts and will alert them when bills are higher than average.The service is similar to doxo and Manilla.Finovera debuted at FinovateSpring 2013. Check out the live demo here and sign up for your own account here.

Group Banking Gets an App, A Look at Yodlee’s Tandem

By Jim Bruene Posted on November 20, 2013
Categories: Personal Financial Management, Yodlee

In the six years PM (post Mint), dozens of startups have launched with the goal of simplifying group finances. For the most part, they've started with two use cases: 1. Sharing rent and utilities among roommates 2. Splitting the bar/dinner tab among friends Those are the significant financial problems faced by 24-year old founders living in the Bay Area or Brooklyn. But for the rest of the world, those are relatively small or non-existent issues. What we need are financial collaboration tools for adults. But I'm happy to report there is finally an app for that. And it's from a fintech company known for providing the PFM plumbing, not the fixtures, Yodlee. The company's Tandem app made its debut in September at FinovateFall earning a Best of Show award. Tandem repeated with another Best of Show at its international debut last week at FinovateAsia (upper right). Tandem uses a four-layer…

Apprenda Raises $16 Million in Series C Funding

By Julie Muhn (@julieschicktanz) Posted on November 20, 2013
Categories: Apprenda, Funding

Enterprise Platform-as-a-Service provider, Apprenda, announced it has raised some major funding today. The New York-based company raised $16 million in a Series C round from three investors. Safeguard Scientifics led the round, and existing investors Ignition Partners and New Enterprise Associates also contributed.While Apprenda's customer list already includes 13 of the world's top 20 banks, as well as a number of Fortune 500 companies, it plans to use the round to further increase adoption of its Platform-as-a-Service.The new round brings Apprenda's total funding to $32 million.Apprenda debuted at FinovateFall 2013. Check out its demo video here.

Financial Guard Launches Online Investment Advisory Service

By David Penn Posted on November 20, 2013
Categories: Financial Guard

Financial Guard opened its doors to the public today.Financial Guard provides professional, unbiased, transparent advice to investors priced out of traditional financial services. The service gives actionable buy, sell and hold recommendations that are customized to meet the goals of individual investors.Financial Guard CEO and President Kevin Pohmer said, "With the burden of retirement placed solely on individual investors, we are delighted to offer this much needed service to those investors who don't have the time, discipline, or investment acumen to handle this daunting task.""Finally individual investors will have access to professional, unbiased, transparent investment advice at the right price."Individual investors can subscribe to Financial Guard for a fixed fee of $15.95 a month, or $149.95 a year. Financial Guard is headquartered in Salt Lake City, Utah, and is an SEC-registered, fee-based, online investment advisor. This September, company demoed its technology as part of the FinovateFall 2013 event in New York.…

Finovate Alumni News– November 20, 2013

By Julie Muhn (@julieschicktanz) Posted on November 20, 2013
Categories: Dashlane, FinanceIt, FIS, Fiserv, Google, Intuit, Kabbage, Moven, TSYS

Moven launches Android app.Kabbage launches iPhone app out of test market.PC Mag includes Dashlane on list of the 50 best free iPhone apps of 2013.Financeit brings in $13 million in series A funding.TSYS Director of Innovation Chris Colson talks about the launch of their Idea Center.Intuit launches Apps.com, a small business app store, and an updated QuickBooks Online API.FIS to power Bharatiya Mahila Bank Ltd., the first women-focused public sector bank in India.Fiserv wins top honors at Mobile Money Global and Mobile Excellence Awards with Popmoney P2P payments service.TechCrunch reports that Google Wallet customers will soon have the option of physical, prepaid Wallet cards.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.

Financeit Brings in $13 Million in Series A Funding

By Julie Muhn (@julieschicktanz) Posted on November 19, 2013
Categories: FinanceIt, Funding

In 2011, Financeit began providing point-of-sale funding options for small businesses to offer their customers. Today it announced it has raised $13 million to bolster this unique business model.Investors include:TTV CapitalInter-Atlantic GroupSecond City CapitalThe Toronto-based company, which has almost 3,000 merchants processing more than $500 million in loan applications on its platform in Canada, will use the funds to begin its expansion into the U.S.At FinovateFall 2013, Financeit launched its platform on the iPad, which enables merchants to capture customer information by photographing the customer's drivers license using a tablet or smartphone. Check out the demo video here.

Azimo Makes Good in Expansion to Germany, Ireland

By David Penn Posted on November 19, 2013
Categories: Azimo

As Azimo said they would, the innovator in "social sending" is bringing its money transfer service to the rest of Europe.Azimo announced today that it is launching in both Germany and Ireland. The move makes Azimo a new player in what the company calls the "world's fourth largest remittance market" in Germany, while also growing Azimo's presence in the U.K.Said Azimo founder Michael Kent: "Azimo's reach gives it a much larger network than many competing services and while this has taken a lot of time and energy to build up, we're now in a position to expand into many more markets very quickly. The platform has already seen its customer numbers double every quarter since launch."Azimo's news comes amid an increase in activity in the money transfer industry this year. Not only did Azimo recently announce completion of a new round of funding, but also startups like TransferWise and CurrencyFair…

Finovate Alumni News– November 19, 2013

By Julie Muhn (@julieschicktanz) Posted on November 19, 2013
Categories: Acculynk, Actiance, Billhighway, Doxo, Finovera, Green Dot, Intellaegis, Manilla, MasterCard, Mint.com, Moven, PayNearMe, PayPal, Saved Plus, Virtual Piggy

Billhighway listed as one of the 100 Best & Brightest Companies to Work for.Actiance to launch Vantage Compliance App on Salesforce.com's AppExchange.Virtual Piggy launches new iOS mobile app. hyperWALLET to integrate with PayNearMe to offer cash payment acceptance options.Uber is first company to use PayPal's mobile SDK.Acculynk offers UnionPay debit card acceptance to U.S. merchants.American Banker takes a look at efforts by Moven and GreenDot to bring transparency to payments.Techcrunch reviews Finovera, includes shout-outs to Mint, Manilla, and doxo.Intellaegis to provide masterQueue to Portfolio Recovery Associates, world's largest debt buying company.The Week features Saved Plus in column "3 money apps that look more useful than Coin."MasterCard and Worldline partner to provide MasterPass-powered digital wallet.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.

Virtual Piggy Launches New iOS Mobile App

By Julie Muhn (@julieschicktanz) Posted on November 18, 2013
Categories: Virtual Piggy

In a mobile and connected world, Virtual Piggy has found a way to reach a previously excluded demographic. With its digital wallet, children under the age of 18 can now make transactions online. Recently, Virtual Piggy launched a new iPhone app to make tracking those transactions even easier. It previewed the app at FinovateSpring in May of this year and it is now live in Apple's app store.Right now, the app is focused on kids and teens. Some of the features for this user group include:view the status of all pending transactions check out all parent-approved stores see monthly spending and remaining allowance Capability for parents will supported in the next release.Wallet homescreenInfo screenThe California-based company also has an app in the Google Play store. It was launched in July of this year and while the capabilities are similar to the new iOS 7-optimized app, the design is far different:Virtual Piggy debuted its mobile app at FinovateSpring 2013. Check out…

Finovate Alumni News– November 18, 2013

By Julie Muhn (@julieschicktanz) Posted on November 18, 2013
Categories: Billhighway, Credit Sesame, Doxo, EyeVerify, FlexScore, Leaf, Lending Club, Lendio, MasterCard, Open Bank Project, PayNearMe, PaySimple, ShopKeep POS, SumUp, Toopher, Wallaby Financial

RentPaidOnline and PayNearMe partner to bring cash payments to its online platform Daily Finance interviews PaySimple CEO Eric Remer on Next-Gen Payment Processing.ShopKeep POS releasing new version of its iPad-based sales mgmt system to cut checkout time in retail locations.Novant Health launches on doxo to deliver bills & simplify the patient experience.Lendio named one of Utah Business Magazine's Best Companies to Work for in 2013.Credit Sesame launches banking channel with new interest rate comparison tool.Billhighway ranked no. 146 fastest growing company in North America on Deloitte's 2013 Tech Fast 500.Former U.S. Treasury assistant secretary for financial institutions and Google SVP join Lending Club's advisory board.The Paypers reports SumUp extends to Latin America with launch of m-payments service in Brazil.Lend Academy reports: Lending Club now valued at over $2 Billion.Open Bank Project organizing the second edition of Hack/Make The Bank FinTech hackathon in Paris on Nov 30th.EyeVerify competes tonight in Kauffman Foundation's "Get…