Finovate Alumni News

On Finovate.com

  • Lendio Brings the Franchising Model to Small Business Lending.
  • Excited to see Symphony Software Foundation at FinDEVr NY March 21 & 22. Check out our interview with Executive Director, Gabriele Columbro.
  • Scotiabank and AlphaPoint Wrap Up Blockchain Trial.

On FinDEVr.com

  • RSVP for FinDEVr’s International Debut.
  • PwC Brings Blockchain PoC to London’s Specialty Insurers.
  • Shwayhat Steps Up: Greenkey Technologies Announces New CEO.

Around the web

  • Vantiv to provide payment processing for Tyndall FCU ($1.3 billion in assets). See Vantiv at FinDEVr New York this month.
  • Scalable Capital recognized as only European startup on CNBC Upstart 25 roster.
  • Wealthify lowers minimum investment to £1.
  • Mambu goes live in the Americas with new offices in Miami and new regional managing director.
  • Trustly processes more than €3 billion in payments in 2016, announces UK expansion.
  • Fiserv Expands Contact and Servicing Center into Florida.
  • Yandex Money brings bankers onboard.
  • D+H Mortgagebot named HW Tech100 winner.

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.

Finovate Alumni News

On Finovate.com

  • Passport Raises $8 Million in Series B.
  • OurCrowd Wins Red Herring Awards; Announces Partnerships with Bayer, DuPont.

Around the web

  • NCR releases updated version of its transactions processing solution, Authentic.
  • Major update to Xero’s online invoicing technology to help businesses avoid phishing scams.
  • TimeTrade brings its Banking by Appointment functionality to FIS’ mobile banking app.
  • Clover selects DAVO’s Sales Tax App as first app featured on its new blog.
  • ForwardLane and AlphaPoint selected to participate in Accenture’s Fintech Innovation Lab.
  • ENGIE to leverage Kony’s enterprise-mobility platform.
  • SafetyPay increases its volume of transactions paid in cash by 86% compared to last year.

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.

Finovate Alumni News

On Finovate.com

  • LendUp Raises $150 Million in Series B; Expanded Credit Facility”
  • Fiserv Buys ACI Worldwide’s Community Financial Services Division for $200 Million”

Around the web

  • Tradeshift partners with (RED) to facilitate donations to the Global Fund to fight AIDS, tuberculosis and malaria.
  • Payoneer selects AU10TIX to enhance online customer ID authentication and record generation.
  • AlphaPoint appoints Scott Scalf as EVP of Development Operations.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io

Around the web

  • Let’s Talk Payments interviews John Dancu, IDology CEO.
  • AlphaPoint unveils StreamCore to help banks take advantage of blockchain data.
  • Fastacash partners with Xpress Money to launch XOPO, enabling cross-border money-transfers via social networks and messaging channels.
  • Security solutions from Arxan Technologies now running on more than 500 million devices.
  • RIA Biz highlights MaxMyInterest in feature on the NAPFA Fall Conference.
  • ETFdb interviews CEO Maz Jadallah of AlphaClone.
  • Martin Beaulieu, former BlackRock managing director, joins BrightScope as adviser.
  • CurrencyFair expansion to bring 50 new jobs to Dublin, Ireland, over the next year.
  • Porch.com acquires Fountain, a startup launched by Mint founder, Aaron Patzer.
  • Chinese smartphone maker Nubia unveils phone with EyeVerify authentication technology.

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.

OnFinance’s “50 Companies to Watch” Features Finovate, FinDEVr Alums

OnFinance_50toWatch

Alumni from both Finovate and FinDEVr are featured in AlwaysOn’s OnFinance “50 Companies to Watch” roster released this week.

AlwaysOn’s OnFinance “50 Companies to Watch” highlights “early to mid-stage startups focused on honing fintech innovation” that are effectively taking their technologies to market. This ability to “capitalize on enormous market opportunities” is what AlwaysOn uses to distinguish its “50 Companies to Watch” from its “Top 100” list published earlier this month.

“(The 50) are positioned at the inflection point of growth and are quickly emerging as contenders that are earning global recognition,” write the editors.

See for yourself. The full list is here. Below are the nine Finovate and FinDEVr alums that made the cut, along with a link to their most recent appearance on stage.

AlphaPoint_hires_logo_boxFinovateEurope 2015

 

Betterment_logo FinovateFall 2011

 

CardFlight_logo FinovateSpring 2014

 

DraftLogo

See them at FinovateSpring 2015

 

 

 

jumio_logo_cmyk FinovateEurope 2015

 

 

Kensho_logo FinovateEurope 2014

 

Plaid_logo FinDEVR San Francisco 2014

 

Tradier_logo FinDEVR San Francisco 2014

 

 

Zumigo_logo FinovateSpring 2014

 

Alumni News– March 12, 2015

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  • Finovate Debuts: AlphaPoint Powers Digital Currency Exchanges Around the World
  • Temenos partners with Microsoft to launch T24 country model bank for Mexico.
  • Coinbase adds support for FIX protocol for trade-order management.
  • Q2 Holdings Completes $116 Million Follow-On Stock Offering
  • CardNotPresent.com reports: Zooz to Expand Globally, Opens London Office
  • MasterCard and Kabbage partner to make Kabbage’s data and platform available through its network of acquirers.

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.

Finovate Debuts: AlphaPoint Powers Digital Currency Exchanges Around the World

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If setting up an e-commerce marketplace is hard, setting up your own digital currency-exchange may be levels of magnitude more challenging.

Fortunately, there are companies like AlphaPoint that specialize in building customized digital currency exchanges—including bitcoin exchanges—in less than 20 days.

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While bitcoin drives the digital currency bus in many ways, the proliferation of cryptocurrencies and altcoins means that exchanging value between alternative and traditional currencies is more complex than ever. AlphaPoint sees its role as two-fold: helping digital currency exchanges cope with the demands of their enterprise clients, and making it possible for startups and new companies to enter the market with the latest in technology.

AlphaPoint statistics

  • Founded in 2013
  • Vadim Telyatnikov is CEO
  • Headquartered in New York, with offices in Philadelphia and San Francisco
  • Powers nearly 20 exchanges in 15 countries across six continents, including the world’s largest Bitcoin/USD exchange, Bitfinex
  • Processes 1 million transactions per second

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The story

AlphaPoint CEO Vadim Telyatnikov has referred to his company as the “Intel Inside” of digital currency exchange. As a white-label digital currency-exchange platform, AlphaPoint serves the fintech industry in three main ways.

  • Enabling quick launch of new digital currency exchanges for entrepreneurs and startups in any region, “with liquidity on day one.”
  • Helping established companies looking to add digital currencies to their product mix.
  • Delivering better performance, more functionality, and additional features to existing digital currency exchanges in need of upgrades.

For their Finovate debut, AlphaPoint choose to demonstrate their platform’s newly overhauled front end. Enhancements include new order types, improved scalability, and faster processing speed.

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The technology

AlphaPoint 2.0 is a high-performance platform that allows users a wide range of customization options. The platform’s modular, widget-based design gives operators a lot of control over how visual data is displayed. The platform includes six predesigned templates, though users are “encouraged” to develop templates of their own. AlphaPoint also lets FIs configure, track, and trade their own currency pairs and combinations—fiat to fiat, commodity to fiat, and fiat to virtual.

The robust technology features error-detection codes for each record, and quick fail-over support to provide “best-of-breed” security and reliability. The platform also comes with Quantum Front, an system-admin resource that gives operators a wholistic view of users, risk, trading activity and more without being limited to the functionality of a web browser.

AlphaPoint’s platform is available as both a fully branded and white-label solution. The technology is fully supported on both Windows and Linux operating systems, and supports both FIX and FAST API connections to make it easy for traditional FIs in particular to deploy and use.

Joe Ventura, AlphaPoint founder and CTO, has more than 15 years of experience as a software architect at corporations like Deustche Bank and UBS. Talking about the platform, Ventura emphasizes that the technology was built with two things in mind: scalability and security. “Our vision is to make it as seamless as possible for mainstay financial institutions to embrace digital currencies,” Ventura said. “[We] are excited to add these new front-end features to make integration into existing web products even easier for our clients.”

AlphaPoint_Backendview_stage-thumb-500x271-15073

The future

AlphaPoint came into 2015 with the momentum of a $1.35 million fund-raise at its back. Following its Finovate debut in February 2015, PaymentEye called AlphaPoint one of the top demos of day two, and many observers credited the company for helping keep bitcoin and cryptocurrencies in the conversation at the London conference.

Asked for his company’s initiatives and goals for 2015, Telyatnikov put greater access to digital currencies at the top of his list. And it is no surprise that he sees AlphaPoint as playing a major role in making that happen. “We are excited to release a stream of new features and products in 2015,” he said. “[We] will make it easier than ever for institutions to embrace digital currencies.”

See AlphaPoint’s live demonstration video from FinovateEurope 2015.

AlphaPoint Demonstrates its Redesigned and Customizable Exchange Technology Platform

Thumbnail image for AlphaPoint_hires_logo_box.jpgThis post is part of our live coverage of FinovateEurope 2015.

AlphaPoint is here to launch version two of its Digital Currency Exchange Platform.

AlphaPoint’s exchange platform is leveraged by institutional and retail exchanges globally, powering their digital currency exchanges. The company’s proprietary platform also serves as a digital exchange gateway for organizations looking to upgrade their existing systems to digital currencies. AlphaPoint offers 24-hour run-time capabilities and provides a customizable, scalable, and secure platform. Our database is a next-generation design, built with military-grade security practices.

At FinovateEurope 2015, we are demonstrating a new-and-improved “v2” of our exchange technology platform, which features a redesigned and customizable front-end template, new order types, improved scalability, and an even faster processing speed.

Presenters: Founder Joe Ventura, CTO, and Scott Bambacigno, VP sales
 
AlphaPoint_8240.JPG
AlphaPoint_12345.jpg

Product launch: January 2015
Product distribution strategy: Direct to Business (B2B) through financial institutions and through other fintech companies and platforms; licensed

HQ: New York, New York, U.S.A.
Metrics: ~$1.5 million raised in funding, 10 employees, 18 clients worldwide, processing over $350 million in monthly volume

Website: alphapoint.com
Twitter: @AlphaPointLive

Alumni News– January 21, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgYour 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.

FinovateEurope 2015 Sneak Peek: Part 2

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It’s hard to believe, but it’s true: we’re less than one month away from the first Finovate show of the year.

FinovateEurope 2015 is returning to Old Billingsgate Market Hall in London for what promises to be our biggest event in Europe yet. We hope you will be able to join us as 70 companies from across Europe and around the world demonstrate some of the latest in financial technology.  
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To that end, here’s the second part of our Sneak Peek series to give you a taste of what some of this year’s innovators will be showing on stage in February. (Part One available here.)


AlphaPoint_hires_logo_box.jpgAlphaPoint’s Digital Currency Exchange Platform allows institutions to establish their own internal digital currency exchanges.
Features
    • 24-hour run-time capabilities
    • Military-grade security practices
    • New order types, improved scalability, and an even faster processing speed
Why it’s great
AlphaPoint’s secure, scalable, and customizable exchange platform is easing the adoption of digital currencies across the globe.
Presenters

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Joe Ventura, CTO
Ventura has over 15 years of software architecture experience specializing in secure, scalable, and high performance financial systems for companies such as Deutsche Bank, UBS, and Merrill Lynch.

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Scott Bambacigno, VP of Sales
Bambacigno joined AlphaPoint at the start of 2014 and has led the acquisition of over a dozen global clients.

Avoka_hires_logo_box.jpg

Avoka enables your omni-channel digital banking business with frictionless account openings.
Features
    • Fast time to market – deploy digital applications in weeks
    • True Omni-Channel solutions – responsive design on any device
    • Improve conversion with reporting and analytics – make changes and publish
Why it’s great
Create an engaging digital loan application from any device in 3 minutes or less.
Presenters

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Derek Corcoran, Chief Experience Officer
Corcoran has over 20 years experience in financial services globally, delivering frictionless customer experiences for digital sales and service transactions.
Kevin Mortimer, Technical Director


EncapSecurity_hires_logo_box.jpg

Encap Security will demonstrate how financial institutions can use Touch ID and Encap’s authentication platform to provide access to and authenticate high-value financial services transactions.
Features
    • Easily integrate Apple Touch ID into financial services applications
    • Utilise smart device capabilities to improve authentication
    • Enable proportional security to drive adoption and use
Why it’s great
Authentication works best when a number of factors are used – and the factors used are contextually appropriate to the risk of the activity taking place.
Presenters

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Thomas Bostrøm Jørgensen, CEO 
Jorgensen has over 10 years experience in the mobile financial services, identity management, and mobile application security sectors.
John Burman, Sales Director, Europe


investUP_hires_logo_box.jpg

investUP is the crowdfunding supermarket, allowing you to lend & invest across all your favorite P2P, debt, and equity sites.
Features
    • Discover more deals – use m
      ore sites and find more great deals
    • Saving you time – invest on all your favorite sites through UP
    • Keep track – have just one account and one portfolio with UP
Why it’s great
Only with UP can you enjoy one account and one portfolio, yet still lend and invest across all your favorite crowdfunding sites.
Presenters

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James Tuckett, CEO and Founder
Tuckett is a full-time crowdfunding evangelical from an aerospace engineering and accountancy background. Founded UP in 2012.

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Nostrum Group is pioneering digital lending – providing customers with the ability to service their own accounts where and when they want.
Features
    • Digital
    • Automated
    • Mobile
Why it’s great
Loan technology that re-imagines what a customer wants from banks and how they can interact with financial products.
Presenters

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Richard Carter, CEO
Carter leads the organization and is responsible for setting the company. He is passionate about customer experience, innovation, and technology – inside and outside financial services.

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StreetShares connects businesses with retail and institutional investors who compete to lend to businesses. Business lending meets social affinities.
Features
    • Blends social and affinity group loyalty with traditional bank underwriting
    • Small businesses pitch their loan request at no cost or obligation
    • Investors compete through online auction technology
Why it’s great
StreetShares borrowers get funded at competitive rates while investors get the returns they’re looking for. Everyone wins.
Presenters

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Mark Rockefeller, Chief Executive Officer and Co-Founder
Rockefeller’s goal is to breathe new life into the American dream for a new generation of small business owners.


Tickets for FinovateEurope 2015 are on sale now. Visit our registration page today and save your seat at the show.