Finovate Alumni News– May 3, 2012

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

Finovate Alumni News– April 26, 2012

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

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

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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

February — $57 million raised by 5 companies
March — $68 million raised by 3 companies

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 [email protected] and I will add it.

Finovate Alumni News– March 19, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThe Independent recommends using Zopa to boost your pension.
  • Creditnet examines how BillGuard can fight unwanted credit card charges.
  • TechCocktail interviews Ben Milne, Dwolla CEO, at SXSW 2012.
  • All Things D looks at SecondMarket CEO’s answer to why it wasn’t part of the SEC’s secondary market ruling.
  • Forbes looks at MasterCard’s partnership with BOKU.
  • Channel Partners turns to Expensify to lower expense-reporting costs.
  • SecureKey Technologies and INSIDE Secure bring POS convenience to online merchants.
  • Plastyc launches more robust mobile app to empower users who own a smartphone.
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 Lands $35 Million in Funding from NEA, Telefonica Digital, and Others

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Mobile payments company BOKU announced yesterday that it has landed $35 million in funding:

“Investors include New Enterprise Associates (NEA), Telefonica Digital, the growth arm of the global telecoms leader, as well as previous investors. Additional participants in the round include Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.”

The California-based company plans to use the funding to hire more employees, continue its global expansion, and broaden its infrastructure.

This new round brings the company’s total funding to $75 million.

To learn more about BOKU, watch its FinovateEurope 2011 demo.

Finovate Alumni News– March 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker reports: Prosper markets to small businesses.
  • InComm patents “Value Insert” solution for more effective RFID card products and services.
  • Business Insider rumors that Ashton Kutcher, an Iowa native, participated in Dwolla’s recent round of funding.
  • BOKU announces another partnership: teams with Vindicia for mobile carrier billing.
  • TechCrunch lists Holvi as 1 of 5 startups to watch from Seedcamp’s demo day.
  • Confident Technologies joins McAfee security innovation alliance.
  • miiCard shares its incentive for predictions from the FinovateEurope audience of the top 2012 trends.
  • SigFig wins windows 8 First Apps contest.
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 Works with MasterCard to Launch Mobile Payment Platform

Thumbnail image for BokuLogo8.25.jpgLast week, online mobile payments company BOKU announced that it is working with MasterCard to launch BOKU Accounts, a mobile payments platform:

“The BOKU Accounts platform allows MNOs to issue their subscribers an MNO-branded mobile payment account accessible via both mobile device and the Web. The account allows subscribers to make payments online, in-app, and in-store. In-store purchases via BOKU accounts will be enabled anywhere MasterCard is accepted.”
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Through BOKU Accounts, users will be able to access deals and rewards (pictured right), and will be provided an enhanced view of their spending.
To learn more about BOKU, watch its FinovateEurope 2011 demo.

Finovate Alumni News– February 27, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSimpleTuition wins the BostInno Insider Award for best higher education blog in Boston.
  • TechCrunch reports TradeShift launches instant payment solution.
  • Boston Business Journal covers Cartera Commerce card-linked offers.
  • Cartera Commerce Card-Linked advertising network generates over $1 bil in merchant sales in 2011, more than previous 4 years combined.
  • Mint.com launches new blog about style.
  • Tech.li looks at how Expensify takes control of expense reports with less “suck.”
  • InvestorBee launches Compare Investments tool.
  • BOKU works with MasterCard to launch mobile payment platform.
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– February 23, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgLodo chosen by 120 banks and CUs.
  • Betterment lowers fees, introduces new features.
  • WorldPay offers BOKU as mobile payment method to its merchant network.
  • ReadyForZero launches savings platform.
  • Insurance Journal features Mitek’s Mobile Photo Quoting app for insurance.
  • Credit Sesame launches mortgage comparison tool.
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– January 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMaine Public Broadcasting Network profiles CashStar.
  • Bank Technology News describes how Bill.com uses capital infusion to build a cash flow dashboard for businesses.
  • SecondMarket’s homepage gets a makeover.
  • The CBS Early Show features Weemba, Lighter Capital, and Rebirth Financial.
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.

Three Finovate Alumni Listed in Forbes Top 20 Private Companies

Earlier this week, Forbes published a list of America’s 100 most promising private companies.  The rankings are based on annual revenue, number of employees, company strengths, partnerships, and a number of other qualifications. 

Three Finovate alumni made it onto the list, all the top 20:

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BOKU
Rank: 2
Category: Mobile payments platform
Founded: 2009
Funding: $38 million
Headquarters: San Francisco
FinovateEurope 2011 demo

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SecondMarket
Rank: 8
Category: Alternative trading platform
Founded: 2004
Funding: $34.2 million
Headquarters: New York
FinovateStartup09 demo

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Lending Club
Rank: 20
Category: P2P Lending Platform
Founded: 2006
Funding: $77.7 million
Headquarters: San Francisco 
FinovateStartup09 demo

To learn more about the ranking methodologies, visit here.

Finovate Alumni News– December 2, 2011

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  • MasterCard and mFoundry executives discuss partnership.
  • The Silicon Prairie names Dwolla number 1 startup in DesMoines, looks for a number 2 startup following the “Dwolla-trajectory.”
  • Simple is slowly sending out a few dozen invites at a time.
  • Prosper announces its support of UK P2P Finance Association.
  • The Social Lending Network shows off Lending Club’s Trading Platform.
  • Bloomberg Businessweek lists Expensify as an app that lets you work like an executive.
  • peerTransfer partners with Nelnet Business Solutions, provider of campus commerce services.
  • Boku, SecondMarket, & Lending Club listed in Forbes Top 20 Private Companies.
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.