Braintree

Finovate Alumni News– July 11, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Allied Payment Network, Braintree, Dashlane, FIS, Linkable Networks, Metaforic, Moven, Narrative Science, Quantopian, SumUp
  • Finovate-F-Logo.jpgNetbanker walks through Moven’s invite and application process.
  • SumUp to participate in the Visa Ready program to prepare their mobile acceptance software and hardware tested and approved for use by Visa.
  • Linkable Networks partners with 4INFO, a mobile ad tech company, to provide consumers with access to card-linked offers via mobile devices.
  • Metaforic releases Metaforic WhiteBox, a secure cryptography solution for Mobile Financial, Conditional Access, BYOD and Embedded Communications and payments.
  • Merchant Customer Exchange chooses FIS to power real-time, mobile commerce payment network.
  • Finovate alum Braintree highlighted in coverage of MobileBeat 2013.
  • Financial Post takes a look at “do-it-yourself hedge fund site” Quantopian.
  • Allied Payment Network and Malauzai Software team up to provide PicturePay as stand-alone mobile bill pay solution.
  • Dashlane and Narrative Science graduate from FinTech Innovation Lab after participating in “Demo Day”.
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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Braintree Teams Up with Simple to Bring Venmo Touch to Consumers

By David Penn Posted on
Categories: Braintree

BraintreeLogo.jpg

Courtesy of collaboration with Braintree, banking with Simple just got simpler.

The partnership between the global payments company and the online mobile banking innovator will give Simple’s customers access to Venmo Touch. Adding this feature to their mobile app allows Simple to provide one-touch purchasing throughout Venmo’s app network ranging from Uber, Hotel Tonight, and Wrapp.

SimpleVenmoTouch_ForPressRequests.jpg

The partnership represents the first time Braintree has offered direct banking integration for Venmo Touch. Braintree processes more than $10 billion annually (more than $2 billion alone on mobile) in transactions from more than 40 countries around the world. 
The company acquired Venmo a little under a year ago for more than $26 million. A few months later, Braintree announced that it had raised $35 million in funding.
For its part Simple has onboarded more than 35,000 users as of June, with six times that number reportedly on waiting lists to use the still-in-beta service. The company provides a mobile payment solution, linked with their own FDIC-insured bank (The Bancorp Bank), that organizes all of a consumer’s various accounts into a single, Simple bank card. 
Simple also announced today a new partnership with Dropbox. The arrangement will allow Simple users to add PDFs and images from their Dropbox accounts to their transactions.
Braintree demonstrated its Venmo Touch solution as part of the FinovateSpring 2013 show in San Francisco back in May. See the company’s demo here.

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Finovate Alumni News– June 21, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, CurrencyFair, LendUp, Locaid, Metaforic, Monitise, Pindrop Security, QuantConnect
  • Finovate-F-Logo.jpgBraintree opening office in Sydney, Australia, that will cater to developers and startups.
  • Monitise named winner in the Inspire Wales Awards.
  • Pindrop Security raises $11 million led by Andreessen Horowitz and Citi Ventures.
  • Metaforic wins American Technology Award for Cyber Security.
  • New Business interviews CurrencyFair founders on saving money when making foreign currency transactions.
  • Biz Report’s Mobile Marketing column features 3 tips to improve location-based campaigns in an interview with Locaid CEO, Rip Gerber.
  • INTJ Capital takes a look at QuantConnect’s announcement that it has added historical FX and US equity tick data.
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 6, 2013

By David Penn Posted on
Categories: Backbase, BankersLab, Braintree, CurrencyFair, Dashlane, Fuze Network, LendUp, Mitek, Narrative Science, Personal Capital, Stokr, TIO Networks, TSYS
  • FinovateLOGO.jpgCentral Intelligence Agency takes an actionable interest in Narrative Science.
  • IT operations management company Boundary touts its relationship with CurrencyFair.
  • Backbase CEO and co-founder Jouk Pleiter warns that bank customers are “no longer content to do the groundwork.”
  • Mercator Advisory Group analyst takes a look at TSYS’s proposed acquisition of NetSpend.
  • Mitek, LendUp, & Fuze Network dubbed runners up in 3rd Annual Core Innovators Mega Challenge.
  • TIO Networks announces strategic relationship with Aio Wireless.
  • Stockr wins Vator Splash LA startup competition, crowned most exciting company.
  • BankersLab launches Bank-it: Credit Edition.
  • Personal Capital to establish a Denver office and hire 100 financial advisers.
  • Business Insider interviews Braintree CEO, Bill Ready.

<div 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.