Boku Archives - Page 5 of 7

Finovate Alums Make America’s Most Promising Companies List

By David Penn Posted on February 8, 2013
Categories: Boku, Lending Club, On Deck Capital, Swipely

According to Forbes, four of the 100 most promising companies in the United States right now aren’t just fintech companies. They are Finovate alumni, as well.

Of the four, Lending Club is the highest rated, earning the number 12 spot in Forbes‘s “America’s Most Promising Companies” roster. Also making the top 50 was Boku, with alumni On Deck Capital and Swipely helping round out the list.

Interestingly, Swipely CEO Angus Davis recently made a “most promising” list of his own. Davis was featured along with more than 20 of his peers in a profile of “America’s Most Promising CEOs Under 35” also compiled by Forbes.

Here’s a closer look at the alumni featured.

Lending Club

Rank: 12
Revenue: $16 million
Employees: 125
Demo video

Boku

Rank: 38
Revenue: $195 million
Employees: 115
Demo video

On Deck Capital

Rank: 94
Revenue: $37 million
Employees: 152
Demo video

Swipely

Rank: 95
Revenue: $1 million
Employees: 36
Demo video

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Finovate Alumni News– January 31, 2013

By Julie Muhn (@julieschicktanz) Posted on January 31, 2013
Categories: ACI Worldwide, Backbase, BehavioSec, Boku, Braintree, FIS, Flint Mobile, mFoundry, Mitek, Online Resources, Xero

TechCrunch reports Braintree’s New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data.

Mitek and Allied Payment Network Expand Availability of Mobile Photo Bill Pay.

Backbase and iQStore sign partnership agreement for Russian market.

Xero integrates with Harvest, a time tracking and invoicing software company.

CNBC’s Squawk on the Street features BOKU.

HID Global partners with BehavioSec to improve fraud detection system.

FIS acquires mFoundry for $120 million.

Facebook integration, customer management features added to Flint mobile app.

ACI Worldwide to buy Online Resources for more than $120 million.

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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Finovate Alumni News– January 24, 2013

By Julie Muhn (@julieschicktanz) Posted on January 24, 2013
Categories: Access Development, Bazaarvoice, BBVA, Boku, Credit Agricole, Credit.com, Keynote DeviceAnywhere, peerTransfer, SecondMarket, TASCET, True Office, TSYS

The WSJ looks at angel investing via SecondMarket.

BOKU announces mobile payments partnership with U.S. Cellular.

In 4Q 2012, peerTransfer partnered with 51 schools. Over 25% of international students in the U.S. can pay their education expenses using peerTransfer.

TSYS announces partnership with Priority Payment Systems.

Jim Offerdahl appointed as new Bazaarvoice CFO.

Credit Agricole is the first bank in Portugal to provide contactless cards. See their demo at FinovateEurope in February!

Keynote offers free mobile testing via DeviceAnywhere.

American Banker reports: Iowa Bank Creates Digital Identities from Fingerprints & Photos using TASCET’s Financial ICONN software.

VentureBeat reports BBVA pools $100 million fund to invest in fintech startups. Come see BBVA’s live demo at FinovateEurope.

Credit.com announces “best balance transfer card” as part of Best Credit Cards in America series.

TrueOffice announces $3 million raised in Series A financing. Catch their demo at FinovateEurope in February.

Access Development launches “Savings Across America” customer incentive product.

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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2012 Funding for Finovate Alumni– More than $450 Million Raised

By David Penn Posted on January 2, 2013
Categories: ActivePath, Affinity Solutions, Arroweye Solutions, Banno, Bazaarvoice, Betterment, Boku, Braintree, Capital Access Network, Cartera Commerce, CashStar, Continuity Control, Controlabill, Credit Sesame, Currensee, DemystData, DoughMain, Dwolla, edo Interactive, eToro, Finsphere, FreeMonee, FutureAdvisor, Fuze Network, HelloWallet, Jemstep, Jingit, Kabbage, Kony Solutions, Lending Club, MiiCard, Nutmeg, Pindrop Security, planwise, SaveUp, SecureKey, ShopKeep POS, SoMoLend, The Currency Cloud, ThreatMetrix, Waspit, Xero, Yodlee, Zopa

Here is a list of all the funding Finovate alumni received over the course of 2012.

After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.

A few stand-out metrics for the year:

A total of 44 companies received funding, some more than once in 2012
Combined, more than $450 million was raised
The best quarter for raising capital was the first quarter when more than $150 was raised
The biggest funding month this year was March, with more than $68 million raised by three companies

Here is a month-by-month breakdown of funding received.

January — $25 million raised by 3 companies

Currensee: $2 million — blog post

Finsphere: $11.3 million — blog post

HelloWallet: $12 million — blog post

February — $57 million raised by 5 companies

Capital Access Network: $30 million — blog post

Dwolla: $5 million — blog post

Jemstep: $6 million — blog post

Kabbage: undisclosed — blog post

Xero: $16.6 million — blog post

March — $68 million raised by 3 companies

Boku: $35 million — blog post

eToro: $15 million — blog post

ThreatMetrix: $18 million — blog post

April — $2.5 million raised by 1 company

miiCard: $2.5 million — blog post

May — $55.5 million raised by 5 companies

Kony: $15 million – blog post

Pindrop Security: $1 million — blog post

SecureKey: $30 million — blog post

SoMoLend: $1.17 million — blog post

Yodlee: $8.3 million — blog post

June — More than $62 million raised by 8 companies

Affinity Solutions: $14.5 million — blog post

Arroweye Solutions: $3 million — blog post

Cartera Commerce: $12.2 million — blog post

Credit Sesame: $12 million — blog post

Doughmain: undisclosed — blog post

Lending Club: $15 million — blog post

Nutmeg: $5.3 million — blog post

Planwise: $200,000 — blog post

July — $6 million raised by 2 companies

Continuity Control: $1 million — press release

SaveUp: $5 million — blog post

August — More than $49 million raised by 6 companies*

DemystData: undisclosed — blog post

FutureAdvisor: $5 million — blog post

FreeMonee: $34 million — blog post

The Currency Cloud: $3.1 million — blog post

CashStar: $5 million — blog post

Continuity Control: $2.25 million — blog post

September — More than $59 million raised by 5 companies

Banno: $2 million — press release

Betterment: $10 million — press release

Edo Interactive: $15 million — press release

Fuze Network: $2.5 million — press release

Kabbage: $30 million — blog post

October — $37 million raised by 2 companies

The Currency Cloud: $1.9 million — blog post

Braintree: $35 million — blog post

November — More than $23 raised by 4 com
panies

ActivePath: $10 million — blog post

Jingit: $7 million — blog post

Bazaarvoice: $6.7 million — blog post

Xero: $49 million — blog post

December — More than $16 million raised by 4 companies

Waspit: $3 million — blog post

Controlabill: $570,000 (A$600,000) — blog post

Zopa: undisclosed — blog post

ShopKeep POS: $10 million – blog post

Clover Networks: $3.3 million – blog post

*In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.

Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.

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Finovate Alumni News– July 30, 2012

By Julie Muhn (@julieschicktanz) Posted on July 30, 2012
Categories: AcceptEmail, Backbase, Boku, peerTransfer, Simple, Virtual Piggy, Xero

Virtual Piggy integrates its youth payment system into Arbor Collective’s ecommerce operations.

AcceptEmail featured in The E-invoicing Market Guide 2012.

BOKU receives A+Trust rating from the Better Business Bureau.

Barnard College partners with peerTransfer to streamline international education payments.

Simple begins on-boarding customers, loses CTO Alex Payne.

Xero reaches 100k paying customers, discloses additional metrics.

Tinkoff Credit Systems launches new online banking on Backbase.

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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Finovate Alumni News– July 26, 2012

By Julie Muhn (@julieschicktanz) Posted on July 26, 2012
Categories: Boku, Braintree, HelloWallet, Locaid, Stocktwits, Taulia

Taulia provides Dynamic Discounting platform to Northgate Information Solutions.

OANDA’s trading app integrates StockTwits social commentary on currency & forex markets.

TMC reports Locaid aids enterprises with secure location needs.

Daily Disruption profiles BOKU.

HelloWallet improves its web app.

Forbes publishes facts and stats about payment gateway, Braintree.

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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Finovate Alumni News– June 14, 2012

By Julie Muhn (@julieschicktanz) Posted on June 14, 2012
Categories: Backbase, BillGuard, Boku, CSI globalVCard, Firethorn, FutureAdvisor, ThreatMetrix

Albany Times Union reports CSI’s globalVCard leads execs out of ID theft and into mobile payments.

$3.7 bil Patelco CU commits to ThreatMetrix’s malware defense software.

Backbase powering online banking platform for Absa Group, a subsidiary of Barclays.

American Banker reports Firethorn Mobile to power Burger King’s mobile app.

GlobalCollect offers BOKU as Mobile Payment Checkout to its Merchant Network.

Financial Services and Big-Data Executive Mary Anne Keegan joins BillGuard as CMO.

The WSJ reviews FutureAdvisor.

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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Finovate Alumni News– May 30, 2012

By Julie Muhn (@julieschicktanz) Posted on May 30, 2012
Categories: Acculynk, Boku, Check Point, CoverHound, DoughMain, Enloop, Kashoo, MiiCard, MoneyDesktop, PaySimple, Stocktwits, Taulia, Tradeshift

Tradeshift to Offer Taulia’s Dynamic Discounting.

Startup Beat interviews CoverHound CEO, Basil Enan.

Acculynk and National Payments Corporation of India Announce Internet PIN Debit Partnership.

miiCard Launches Twitter Trust Campaign By Verifying Real Identities.

PaySimple Named Red Herring Americas Top 100 Winner.

Financial Post discusses Kashoo’s mobile distribution strategy.

High Beam Research reports on DoughMain’s financial education pointers.

TechCrunch reports BOKU Scales Up, Will Power Carrier Billing For In-App Payments In The T-Mobile Mall.

CU Times reports MoneyDesktop Adds 17 Credit Unions as PFM Users.

Check Point Introduces New Security Acceleration Module with Advanced SecurityCore Technology for High Performance in Low Latency Environments.

CNN Money Launches New Investing Home Page with StockTwits Trending Tickers.

Advocate’s Studio recommends Enloop for when you need a fast business plan.

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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Finovate Alumni News– May 3, 2012

By Julie Muhn (@julieschicktanz) Posted on May 3, 2012
Categories: Boku, BrightScope, Check Point, Fiserv, FutureAdvisor, Lendio, Meniga, Personal Capital, SecondMarket, SecureKey

CNBC covers how SecondMarket is looking to move from trading Facebook to Pinterest.

TechCrunch reports Boku launched billing partnership with Sprint, giving it partnerships with all 4 major U.S. carriers.

Meniga’s PFM solution powers Sweden’s first Smartbank, launched by Skandia.

SecureKey adds 40 staff in past six months, reaches business and recognition milestones.

Lendio sees nearly 500% increase in matching businesses with small business loans.

Check Point launches free ZoneAlarm anti-virus/firewall combo.

Forbes features article by Mike Alfred, CEO of BrightScope, discussing the differing opinions he, Personal Capital and FutureAdvisor have on the role of financial advisors.

Fiserv to offer global ACH payments through partnership with Earthport.

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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Finovate Alumni News– April 26, 2012

By Julie Muhn (@julieschicktanz) Posted on April 26, 2012
Categories: Backbase, BehavioSec, Boku, Cachet Financial Solutions, CashStar, Doxo, Intuit, MoneyDesktop, Pageonce, Personal Capital, Tradeshift

Finovate Alums take the stage at the Future of Money Conference 2012.

Netbanker: Pageonce Removes Billpay Subscription Fee in Favor of Per-Transaction Pricing.

Hypebot.com followed Personal Capital, Intuit, Boku, Tradeshift, and CashStar at the Future of Money Conference.

Backbase & GFT sign European partnership agreement.

Xconomy profiles Personal Capital.

State of Washington picks Doxo for paperless files.

BehavioSec chosen as one of the “Cool Vendors” in Identity Access Management, 2012 report by Gartner.

Alpena Alcona Area CU selects MoneyDesktop’s PFM to offer members a better online banking experience.

Northwoods CU signs onto Cachet Financial Services’ mobile remote deposit capture.

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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First Quarter 2012 Funding for Finovate Alumni, $150 Million Raised

By Julie Muhn (@julieschicktanz) Posted on April 20, 2012
Categories: Boku, Capital Access Network, Currensee, Dwolla, eToro, Finsphere, HelloWallet, Jemstep, Kabbage, ThreatMetrix, Xero

Since we are nearing the end of the first quarter, we wanted to look back at all of the Finovate alums who have raised funding over the past few months.

Here’s the month-by-month breakdown:

January — $25 million raised by 3 companies

Currensee: $2 million — Blog post
Finsphere: $11.3 million — Blog post
HelloWallet: $12 million — Blog post

February — $57 million raised by 5 companies

Capital Access Network: $30 million — Blog post
Dwolla: $5 million — Blog post
Jemstep: $6 million — Blog post
Kabbage: Undisclosed — Blog post
Xero: $16.6 million — Blog post

March — $68 million raised by 3 companies

Boku: $35 million — Blog post
eToro: $15 million — Blog post
ThreatMetrix: $18 million — Blog post

Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

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