Finovate Alumni News

On Finovate.com

  • The ID Co. Unveils its Income Verification Solution.
  • Finicity Partners with Pulte Mortgage to Accelerate Asset Verification.

Around the web

  • CBANC hires Mike Snavely as Chief Commercial Officer.
  • Congrats to 3rd Eyes, ArthaYantra, aixigo, BaseVenture, Capitalise, Entersekt, eToro, Finantix, Fincite, Finhorizon, ForwardLane, Hydrogen, Scalable Capital, Sentifi, Tradeit, Trizic, WealthWizards, WealthForge, and Xignite on being recognized in the Wealthtech 100.
    • Xero’s new invoicing experience available for all Xero customers and partners over the next two weeks
    • Nordigen opens new office in Spain to expand operations.
    • Yseop’s AI solution for Société Générale wins award for most innovative initiative of the year at this year’s Digital Finance Awards. Come see Yseop at FinovateSpring next month.
    • Contovista and NDGIT expand partnership, enabling Contovista to be implemented via the German NDGIT API marketplace.

    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.

    London’s Accountant Marketplace Capitalise Raises $4.5 Million

    Capitalise.com, the London-based financial marketplace for accountants, has raised a $4.5 million (£3.5 million) Series A investment round, reports Henry Vilar of Fintech Futures (Finovate’s sister publication).

    The round was led by QED Investors, a US fintech venture capital firm, and supported by existing investor Hambro Perks, as well as Gauss Ventures.

    Capitalise positions accountants as experts, using its data analytics and marketplace access, so it becomes the point of advice to discuss growth plans with small business clients.

    Paul Surtees, co-founder and CEO of Capitalise, said it wants to build a “culture of funding.”

    The firm cites the UK’s Institute of Chartered Accountants in England and Wales (ICAEW), which says access to finance and cash flow are business owners’ top concerns despite the UK market having over 360 small business lenders.

    Surtees said: “Whilst the bank manager might be a thing of the past, we say it is ‘long live the accountant.’”

    According to Capitalise, its platform and online learning for accountants has allowed for an annual compounded growth rate of 234%.

    “The recent raise will be used to expand our cloud product for advisers to navigate the market of financial products for SMEs”, explained Ollie Maitland, co-founder and chief product officer at Capitalise.

    Through its online platform, Capitalise works with 105 partners, including PKF, Armstrong Watson, Farnell Clarke, BluSky, Wow and Woods Squared.

    Not to be confused with fellow Finovate alum Capitalise from Tel Aviv, U.K.-based Capitalise demonstrated its platform at FinovateEurope 2016.

    Finovate Alumni News

    On Finovate.com

    • Onfido Teams Up with Extended Stay Marketplace 2nd Address.
    • London’s Accountant Marketplace Capitalise Raises $4.5 Million.
    • Coinbase Acquires Blockchain Intelligence Platform Neutrino.

    Around the web

    • Featurespace brings its anti-fraud technology to Singapore.
    • Revolut CEO Nik Storonsky urges UK government to provide special tech visa to ensure London’s status as a “fintech powerhouse” after Brexit.
    • Fiserv helps Kazakhstan’s Halyk Bank centralize its currency management process.
    • Bottomline Technologies partners with UMB Financial to offer Visa-powered payables solution to customers in the U.S.

    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

    • Signifyd Partners with Corra to Provide Guaranteed Fraud Protection for E-Commerce Merchants.

    Around the web

    • Estonian financial group LHV to leverage technology from FICO to fight money laundering.
    • Klarna announces double-digit sales growth thanks to more retailers using the company’s solutions.
    • CNBC quotes MaxMyInterest head of business development and partnerships Michael Halloran on cash strategies for investors during times of market volatility.
    • Dynamics unveils enhanced functionality for its connected Wallet Card. See its latest demo at FinovateEurope next week.
    • TSYS Extends Existing Agreement with Capital One UK.
    • Mastercard to use Facebook Messenger to help small businesses in Africa and Asia drive mobile and electronic payments acceptance.
    • Worldline teams with Total to launch TOTAL eWallet.
    • FutureTech Podcast hosts Capitalise CEO Shahar Rabin on using natural language to automate trading strategies.
    • NopSec Awarded Most Innovative Cybersecurity Company 2018.

    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.

    FinovateSpring Sneak Peek: Capitalise

    Screen Shot 2017-04-11 at 8.42.51 AM

    FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

    Capitalise applies natural language to turn investment ideas into auto-executable, back-tested and optimized investment strategies.

    Features

    • Use natural language to create auto-executable investment strategies with unlimited data sources
    • Back-test and optimize investment performance with one click
    • Create robo-advisers that fully automate

    Why it’s great
    Capitalise reinvents the trading experience by using natural language and any data source to create back-tested investment strategies to empower robo-advisers that fully automate portfolio management.

    Presenters

    Shahar Rabin, CEO
    LinkedIn

    Amir Shiovich, CTO
    LinkedIn


    Check out more sneak peeks of what to expect at FinovateSpring on April 26 & 27 in San Jose.

    Finovate Alumni News

    On Finovate.com

    • Check out sneak peeks of FinovateSpring demos from MapD, Horizn, Onist, Capitalise, PayNearMe, Baker Hill,  and Moxtra.

    Around the web

    • North State Bank leverages nCino’s bank operating system to automate its commercial loan process.
    • Ixaris introduces OPC Live! Innovation Challenge to encourage development of B2B payments technologies.

    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.

    Capitalise.com to Join Microsoft Accelerator London

    Capitalise_homepage_Mar2016

    Fresh from its launch at FinovateEurope 2016, British-based Capitalise.com announced that it will be joining the fifth cohort of Microsoft’s 16-week accelerator program in London.

    Capitalise.com Founder Paul Surtees, M.D., said, “Working closely with Microsoft will enable Capitalise to more quickly develop our machine-learning capability and realize our ambition to make access to finance a reality for all small businesses.”

    Capitalisecom_stage_FEU2016

    Pictured (left to right): Capitalise.com co-founders Ollie Maitland, product director, and Paul Surtees, M.D., founder, demonstrated their technology at FinovateEurope 2016 in London.

    One of 13 companies to participate in “Batch V,” Capitalise.com helps small businesses—and those who advise them—find financing. The company’s platform uses behavioral data to compare more than 2,500 data points to connect business borrowers with the best lender for them. Focusing on getting borrowers the financing offer with the highest likelihood of approval, Capitalise says that borrowers on its platform are twice as likely to get funded.

    Microsoft Accelerator London provides startups with mentorship, technical guidance and support in order to help them scale their businesses. The accelerator does not take an equity stake in the startups that participate in the program, and companies do not have to be U.K.-based to participate in the London Accelerator, as long as the team is able to stay in London for the duration of the program.

    MicrosoftAcceleratorLondon_Twitterpic

    Joining Capitalise.com in the spring accelerator are:

    • Dendrite
    • FitWell
    • Apprecie Solutions
    • Altitude Angel
    • Crowdaura
    • Glisser
    • Instanda
    • Opsh
    • Pinipa
    • Furo

    Founded in 2014 and headquartered in London, Capitalise.com demonstrated its platform at FinovateEurope 2016.

    Finovate Alumni News

    On Finovate.com

    • “BillGuard App Changes Name to Prosper Daily”
    • “Capitalise.com to Join Microsoft Accelerator London”
    • “CashSentinel Launches in France with SFPMEI Partnership”
    • “StockViews Raises $355k in Seed Funding; Adds Fidelity’s Balk as Chairman”

    On FinDEVr.com

    Around the web

    • Poland’s mBank elects to focus on HCE for mobile payments over NFC.
    • Spain’s BBVA upgrades its ATM network to enable cash recycling.
    • TechCrunch features multiple Finovate and FinDEVr alums in its recommendations of financial products for the gig economy.
    • Mitek elects CEO James B. DeBello as chairman of the board.
    • CereTel, selects Cachet Financial Solutions to develop, deploy and manage new prepaid mobile banking platform.
    • Lendio partners with SBE Council to offer its lending resources to SMB owners.
    • Tradeshift announces MetaProcure as reseller.
    • First National Bank to install Insuritas insurance agency solution for its customers.

    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 Sneak Peek: Capitalise.com

    CapitaliseLendingHomepage

    FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

    CapitaliseLogo

    Capitalise.com takes the hassle out of funding searches. Using behavioral analytics, its online platform matches and ranks finance providers, making it easy for businesses to select the right lender.

     

    Features of Capitalise:

    • Save time with lenders
    • Enjoy a faster approval and funding process
    • Ease cashflow and achieve growth

    Why it’s great
    Capitalise believes every SME should have access to finance. It empowers businesses to find, compare and select the right lender. Businesses using Capitalise are twice as likely to get funded.

    CapitalisePresenter1Presenters

    Paul Surtees, Managing Director and Co-founder
    With 15 years’ banking experience, Surtees served as executive director on the Goldman Sachs interest-rate trading floor. He started Capitalise to help SMEs gain easy access to lenders.
    LinkedIn

    CapitalisePresenter2

     

    Ollie Maitland, Product Director and Co-founder
    Maitland is a serial tech-startup product lead. He’s worked alongside VCs, technologists, service design experts and business minds to build market-leading digital products in start-ups to multi-nationals.
    LinkedIn

    Finovate Alumni News

    On Finovate.com

    • “Mark Shifke Named Green Dot CFO After Interim Term”
    • “PaySwag Helps Cloud Lending Solutions Go Mobile”
    • “Finovate Debuts: DAVO Automates Sales Tax”

    Around the web

    • Utah Community Credit Union chooses DNA(R) account platform from Fiserv.
    • TechEU interviews Sebastian Siemiatkowski, Klarna CEO.
    • Tactile Finance CEO Nicole Hamilton earns spot in The Inman Group’s Top 101 innovators.
    • VentureBeat names Twilio as 1 of 36 tech companies that could go public in 2016.
    • Bankless Times: Pindrop can tell you who is really on the phone.

    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.