Alumni News– October 7, 2014

  • Finovate-F-Logo.jpgMatchi opens global fintech challenge 
  • New Frontier Group to integrate BehavioSec’s behavioral authentication solution in online banking.
  • Boku acquires competitor Mopay, now covers 5 billion users.
  • BBC: Wonga to write off £220m of debts for 330,000 customers.
  • Financial Planning features FutureAdvisor.
  • Tradeshift announces new operations in Japan and Europe, new executive appointments.
  • Merchant Customer Exchange (MCX) partners with InComm to leverage its POS integrations.
  • WallStreetSurvivor.com launches Financial Education Courses.
  • Vista Equity Partners to take Tibco Software private for about $4.3 billion.
  • Expensify announces $3.5 million round led by Barracuda Networks.
  • Blockchain raises $30 million in growth capital.
  • Credit Karma announces equity investment of $75 million; $1 billion valuation.
  • Spreedly announces new investment; raises $750,000 in equity financing.
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.

Alumni News– October 3, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinDEVr award winner Yodlee launches IPO; raises $75 million in Thursday debut.
  • It’s a wrap – FIS announces completed acquisition of Clear2Pay.
  • Boku partners with O2, EE, and Vodafone in bid to boost non-digital e-commerce.
  • Congratulations to the first FinDEVr award winners: Avoka, BehavioSec, PayPal, and Yodlee.
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.

Alumni News– July 30, 2014

  • Finovate-F-Logo.jpgThreatMetrix granted patent for its ability to differentiate between trusted customers and cybercriminals 
  • Australia-based Vermilian acquired by banking technology firm Ultradata.
  • Boku brings its direct carrier billing-based mobile payments technology to India.
  • Mangopay teams up with Currency Cloud to provide international money transfer services to its customers.
  • Shivalik Mercantile Cooperative Bank to deploy “bank in a box” from FIS.
  • Blackhawk Network teams with Amazon to enable customers to manage and spend their gift cards in the new Amazon Wallet app.
  • Financial Guard to provide clients with both passive and active investing options.
  • Insuritas wins 2014 NAFCU Services Corporation (NSC) Innovation Award that highlights groundbreaking solutions for credit unions.
  • TechCrunch: Credit Karma offering free, weekly credit reports – no strings attached.
  • Franklin University chooses ACI Worldwide for online payment processing.
  • Wikipedia Foundation partners with Coinbase to allow bitcoin donations.
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.

Eight Alums Earn Spots on CNBC’s Disruptor 50

Eight Alums Earn Spots on CNBC’s Disruptor 50
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Hats off to eight Finovate alumni for winning spots on CNBC’s Disruptor 50.

2014 marks the second year of CNBC’s Disruptor 50 list. The selection credits companies for being “forward-thinking” and working to discover untapped markets en route to becoming “billion-dollar businesses.” Read more about CNBC’s selection methodology here.
CNBC’s David Spiegel wrote: 
“All of these companies entered traditional sectors and turned them upside down … It’s the power of a company to displace the established incumbents in its own industry, prompting a ripple effect throughout its economic ecosystem.”

See CNBCs inaugural Disruptor 50 here. The 2013 list included alums boku, CircleUp, Lending Club, and Wealthfront.

Finovate Alumni News– May 8, 2014

  • Finovate-F-Logo.jpgBoku partners with Deutsche Telekom to power the MNO’s payments offerings, provide it with a mobile app, and give customers the ability to pay for digital goods and services simply using their existing mobile phone account.
  • ProfitStars named among the 2014 Best Places to Work in Kentucky.
  • American Banker: Andera Acquisition to Bolster Bottomline’s Digital Banking Business.
  • Cachet Financial Solutions files initial registration statement with the SEC looking to raise $20 million through a public stock offering.
  • MasterCard Accelerator for European startups announces May 16 deadline.
  • Motif Investing raises $35 million in move toward wealth management market.
  • RevolutionCredit announces $10 million investment from Accion Venture Labs.
  • Coinbase’s acquisition of Kippt to bring usability to bitcoin.
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 — March 26, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgProfitStars’ Gladiator ranks #36 in MSPmentor’s top 501 managed service providers.
  • Kofax Mobile Capture platform wins “Elegant Implementation” category of Housing-Wire magazine’s HW TECH 100.
  • Online TV host Doug Sleeter interviews Xero CEO, Rod Drury.
  • Jumio wins 2014 METAward in “established” category.
  • miiCard bringing its ID verification technology to eMerchantPay.
  • WTOP News asks: is the credit card with keypad from Dynamics is the “card of the future”?
  • MasterCard selects Anna Yip as head of Hong Kong and Macau.
  • Digital Insight to expand online banking portfolio to include shared access and small business payments. Come see Digital Insight demo at FinovateSpring next month.
  • Kraken, the digital currency exchange platform used by Fidor Bank, raises $5 million.
  • ZipZap pauses UK cash-to-bitcoin transfers through its platform.
  • Boku partners with sunhill technologies to enable direct global carrier billing for sunhill’s services.
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– December 23, 2013

  • Thumbnail image for Finovate-F-Logo.jpgCaixaBank taps Oracle for strategic Big Data project.
  • Boku announces partnership with SingTel to bring carrier billing-based mobile payments to Singapore.
  • Forbes profiles Ping Identity and its CEO Andre Durand.
  • The Sunday Times features peer-to-peer lender, Zopa.
  • Mobiliti from Fiserv named Top Customizable Solution in Javelin Strategy & Research Annual Mobile Banking Vendor Scorecard.
  • Fiserv’s Mobiliti platform received 4 Best in Class distinctions in CEB TowerGroup global mobile technology analysis.
  • Dashlane speaks Spanish, supports IE11, and more.
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– November 22, 2013

  • Thumbnail image for Finovate-F-Logo.jpgPrepaid MasterCard cardholders now able to reload at Walmart stores courtesy of Green Dot network.
  • LendUp iPhone app enables mobile borrowing.
  • YouthTech column on ramification in banking features IND Group.
  • Boku furthers its Global Reach with Acquisition of Qubecell 
  • Taulia named 2013 Red Herring Global 100 Winner.
  • Vix Technology partners with InComm to Support First of Its Kind, Transit Fare Media.
  • Banking Technology features Doug Brown, SVP, eBanking at FIS, on the topic of mobile banking.
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.

Boku Furthers its Global Reach with Acquisition of Qubecell

BokuLogo8.25.jpg

Since its inception, global mobile payments company Boku has raised a total of $75 million from investors like Andreessen Horowitz and Khosla Ventures. 

Now the California-based company is putting some of that cash to use with its recently announced acquisition of Qubecell, an India-based mobile billing aggregator.

Qubecell.jpg

In India’s fragmented carrier billing market, Qubecell is the biggest player in the nation, and has partnerships with 4 of the countries’ largest carrier networks, which have the potential to reach 75% of the mobile phone users in the nation.

According to TechCrunch, the acquisition, which is Boku’s first, will not only help it move into the India market, but will also give it access to Qubecell’s engineering talent. It also opens the door to additional global markets such as Asia and the Middle East.

The terms of the deal were not disclosed.

Boku took the stage at FinovateEurope 2011 where it demonstrated its mobile payment service.

Finovate Alumni News– October 31, 2013

  • Finovate-F-Logo.jpgIntuit to acquire FullSlate, an online scheduling company.
  • Boku partners with PassportParking, enabling consumers to pay for parking using their mobile number, and billed to carrier billing statement.
  • American Banker comments on the savings strategies of SaveUp, Betterment’s ImpulseSave, and Social Money.
  • FIS study reports: Customer engagement in real-time payments requires mobility and convenience.
  • CurrencyFair featured in prime time on Irish television news.
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– June 7, 2013

  • Finovate-F-Logo.jpgXero and Stripe partner to simplify online payments for small businesses.
  • Bank Innovation reports: Mitek Launches V 2.0 of Mobile Photo Bill Pay solution.
  • Boku teams with PlayJam to bring mobile payments to smart TVs.
  • SimpleTuition partners with College Parents of America to bring student loan and loan comparison insight from SimpleTuition its members.
  • Creditnet.com ranks the Best Personal Finance Software of 2013 (So Far): 1) Personal Capital, 2) Mint.com 3) ReadyForZero.
  • Emida adds Colombia to list of operating countries.
  • Kofax launches Analytics for Capture business intelligence solution.
  • Pymnts.com interviews TransferWise co-founder Kristo Kaarmann.
  • RightStartups takes a look at Betterment as a “new concept in a very traditional industry.”
  • Dynamics launches “Everything Else is Just Plastic” TV Ad.
  • TradeBox Media reviews Zooz’s retail app plug-in.
  • International Business Times looks at how Arxan’s technology is used to protect mobile banking apps from attacks.
  • Newfination interviews Uri Gruenbaum, co-founder and CEO of TipRanks.
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– April 16, 2013

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  • Upstart Business Journal features SeedInvest. See them demo at FinovateSpring in San Francisco in May.
  • Experian announces acquisition of Decisioning Solutions.
  • Volunteer Federal Savings Bank and Peoples Bank of the South choose Jack Henry Banking for  enterprise-wide automation.
  • GFT Blog interviews Matthias Kroner, chairman of the Fidor management board for Fidor Bank.
  • Authentify placed in Visionaries quadrant of the Gartner’s “Magic Quadrant for User Authentication.” 
  • Boku partners with Bigpoint SARL and Co to allow users to make virtual payments.
  • Kony Solutions partners with Blue Shield of CA to develop and deploy apps on the KonyOne Platform.
  • miiCard adds YubiKey Authentication to online identity proofing solution.
  • SF Gate lists Mint and Expensify as 2 of 4 services to keep tax records organized.
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.