Finovate Alumni News

On Finovate.com

  • “Brunon Bartkiewicz Named New CEO at ING Bank Slaski”

On FinDEVr.com

Around the web

  • Xignite announces its XigniteGlobalCurrencies API is now available in the Oracle Cloud Marketplace. Join Xignite at FinDEVr 2016 in New York, March 29 and 30.
  • CardFlight integrates with Stripe to encourage developers to build EMV payment functionality within their mobile apps.
  • Jack Henry partners with The Clearing House to help spread “real-time payment ubiquity” among FIs.
  • Fenergo to provide Client Lifecycle Management solutions to Nikko Securities America.
  • WePay wins gold at 2016 Stevie Awards for sales and customer service.
  • Entrepreneur reports: Payoneer to enter Indian market.
  • Insuritas replaces GoogleCompare by launching new technology that provides one-stop shopping for financial products.
  • Bill.com launches the Bill.com Network to promote faster, lower-cost payments for businesses.

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.

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2

Building a new financial technology? Check out our coverage from our developer conference in San Francisco this fall, and mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016.

Developer news:

  • BankNXT interviews Stefan Weiss, head of APIs at Fidor Bank, on the APIs, regulation, and expansion.
  • American Banker quotes Simon Redfern, founder of the Open Bank Project, in a look at the drive for open bank APIs in the United Kingdom.

The latest from FinDEVr San Francisco 2015 presenters:

  • Kashoo launches period-locking feature to lock data within prescribed timeframes.
  • CenturyLink and Cogent enter into interconnection agreement.
  • Deluxe Corporation celebrates its 100th birthday by ringing the opening bell at the NYSE.
  • Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St. Paul Business Journal.
  • The TRADE names Markit to its Hall of Fame.
  • Personal Capital lowers investment minimum from $100,000 to $25,000.

Alumni updates:

  • PRUDENA launches online marketplace for stock market research.
  • StockTwits offers brokerage functionality powered by Robinhood.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter today!

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: DriveWealth Brings U.S. Stocks to Overseas Investors”
  • “FinovateEurope 2016 Presenting Companies Announced
  • “Personal Capital Lowers Investment Minimum from $100,000 to $25,000″

Around the web

  • Intuit teams up with Kiva to provide small business financing via QuickBooks financing platform.
  • National Bank of Abu Dhabi, (Nbad) Egypt, to deploy BankWorld from CR2.
  • Xero announces new partnerships with Bigcommerce and KPMG.
  • Open Bank Project partners with Ulster Bank to organize Hack Make the Bank, Jan 29 thru 31, 2016.
  • CIBC and Thinking Capital partner to expand SMB lending in Canada.
  • Entrust Datacard releases Datacard MX Series Laser 350 that provides new personalization features.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.
  • Taulia joins the OFS portal community.
  • Fidelity Charitable partners with Coinbase to allow people to contribute bitcoin to their donor-advised funds.

This post will be updated throughout the day as news and developments emerge. You can also follow all alumni news headlines on the Finovate Twitter account.

FinDEVr APIntelligence

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York, 29/30 March 2016. Stay tuned for details.

Developer news

  • Dev Bootcamp and Metis partner with Skills Fund to broaden access to web developer and data-science programs.
  • TechCrunch’s This Week On Bullish: Maturity In The Payments Space.

The latest from FinDEVr San Francisco 2015 presenters

  • Let’s Talk Payments interviews CMO Konstantin Rabin, of Kontomatik.
  • BAI Retail Delivery conference attendees select MX as Innovation Showcase Award winner.
  • Thomson Reuters and Samsung to collaborate on mobile security, intelligent IT for the enterprise.
  • Avalara announces sales-tax-accuracy guarantee.
  • “Worldpay Goes Public; Shares Rally on Trading Debut”
  • Silicon Review lists SnoopWall as 1 of 20 fastest-growing security companies.
  • Arxan now secures applications running on 500+ million devices.
  • OnDeck again expands its partnership with the Association for Enterprise Opportunity to support access to capital for entrepreneurs and small businesses.
  • Banking Technology features multiple FinDEVr alums on Readers Choice Awards.

Alumni updates

  • Cloud Lending Solutions announces underwriting and origination upgrades.
  • CardFlight and Cayan team up to provide EMV-ready mPOS solutions.
  • The Hindu features Cloud Lending Solutions’ co-founder Snehal Fulzele.
  • Global AutoTrading integrates with Tradier to extend brokerage services.

It’s easy to stay current on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • Finovate Debuts: LendKey Enhances Lending-as-a-Service for Local Banks & Credit Unions.
  • Xpenditure Raises $5.7 Million in Series A.

Around the web

  • OnDeck again expands its partnership with the Association for Enterprise Opportunity to support access to capital for entrepreneurs and small businesses.
  • Norway’s SpareBank 1 acquires mCash for an undisclosed amount.
  • FIS launches Banking on Demand, targeting Indian banks and FIs.
  • First Hawaiian Bank to deploy digital banking, payments, and PFM solutions from Fiserv.
  • CardFlight and Cayan team up to provide EMV-ready mPOS solutions.
  • Deere Employees Credit Union hires Insuritas to open and manage its turnkey insurance agency.
  • Banking Technology features multiple Finovate and FinDEVr alums Readers Choice Awards.

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.

CardFlight Scores $4 Million in Series A Funding

CardFlight Scores $4 Million in Series A Funding

CardFlight_homepage_Oct2015

In a round led by Dan Henry and MATH Venture Partners, mobile card payment solutions provider, CardFlight has raised $4.2 million in Series A investment. Founder and CEO Derek Webster called the funding a validation of his company’s leadership role in the mobile payments space. He added that the capital would help the company build its engineering team and speed up deployment of CardFlight’s EMV-enabled payment-acceptance technology in the United States.

“We’re excited to be adding investors with such deep experience growing and scaling startups in the payment industry,” Webster said. The investment takes CardFlight’s total capital to more than $6 million.

CardFlight_stage_FS20134

CardFlight CEO Derek Webster and VP of Engineering Elie Toubiana demonstrated the CardFlight SDK for Mobile Payments at FinDEVr2014 in San Francisco.

Also participating in the round were Silicon Valley Bank, ff Venture Capital, Great Oaks Venture Capital, Entrepreneurs Roundtable Accelerator, Plug & Play Ventures, and Apostolos Apostolakis.

CardFlight was the first mobile service provider to process EMV-enabled credit card payments in the U.S. Last month the company announced that its solutions had been certified by First Data to accept EMV chip-card payments. For fintech developers, CardFlight offers a fully customizable SDK to allow them to integrate card-present payment-functionality to mobile apps. For acquirers and merchant service providers, CardFlight provides technology such as SwipeSimple, a turnkey-hosted mPOS solution.

Founded in 2013 and headquartered in New York City, CardFlight demoed its platform at FinovateSpring 2013, and the technology behind its solution at FinDEVr 2014.

Finovate Alumni News

On Finovate.com

  • “Ripple Labs Makes Waves: Raises $4 Million, Rebrands as Ripple, Launches Interledger”
  • “CardFlight Scores $4 Million in Series A Funding”

Around the web

  • MasterCard unveils Identity Check, a suite of solutions that includes biometric and SMS-based, one-time passwords to improve security for online consumers.
  • KPMG introduces KPMG Fintech 100 to recognize the world’s most disruptive and fast-emerging innovation companies in financial services. Nominations end 31 October 2015.
  • Santander invests in Ripple as startup expands services.
  • ThreatMetrix to scale global data center capacity to 200 million+ daily transactions.
  • Nymi recruits CEO John Haggard; Karl Martin will now serve as CTO.
  • Emida acquires giftcard-platform specialist Quippi Corporation for an undisclosed amount.
  • Kristo Kaarmann, co-founder of TransferWise, confirms via Twitter that former Citigroup CEO Vikram Pandit participated in the company’s $58 million funding round this year.

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.

 

Finovate Alumni News

On Finovate.com

  • “InforcePRO Rakes in $4 Million Following Finovate Debut”

Around the web

  • Jumio brings its ID verification technology to Loot, a prepaid card and money-management app.
  • Let’s Talk Payments looks at the Venmo-powered Ledge, a mobile P2P lending app.
  • CardFlight mPOS solutions certified by First Data to accept EMV chip card payments.
  • Re/code profiles Twilio as part of its new “Lunches with Unicorns” series. Join Twilio’s Authy at FinDEVr 2015 in San Francisco next week.
  • Fortune Magazine lists OnDeck on its list of 100 Best workplaces for millennials.
  • Hyperwallet’s founder, Lisa Shields, wins EY Canada’s Entrepreneur Of The Year award.
  • FamZoo wins The People’s Choice Award at FinCon15.

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.

FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, 6/7 Oct in San Francisco.

Developer news

  • CIO of UBS asserts the blockchain will heavily impact financial services.
  • Inc. Magazine: “Why Fintech Is One of the Most Promising Industries of 2015″
  • Accenture and leading banks invite applications for Fourth Annual FinTech Innovation Lab London.
  • Tool of the week: SplitMetrics allows A/B testing of App Store promotional pages.

The latest from upcoming FinDEVr 2015 presenters

  • PayPal acquires mobile commerce platform Modest, its first acquisition as a standalone, public company.
  • Inc. Magazine ranks Kabbage the 36th fastest-growing U.S. private company.
  • Silicon Republic recommends following OnDeck on Twitter.
  • FinDEVr alums make Let’s Talk Payments’ list of payment companies raising money in 2015.
  • Fidor Bank CEO Matthias Kroner calls bitcoin a “natural part of the digital lifestyle.”
  • PayPal ranks in the top 5 of payments companies based on market cap.
  • Blackberry selects PayPal for its P2P Payments provider.

Alumni updates

  • TradeSharp integrates with Tradier to offer brokerage services and enhanced trading strategies.
  • InComm to expand offerings in Asda, the United Kingdom-based subsidiary of Walmart.
  • Blockchain achieves 4 million bitcoin wallets.
  • Xero announces plan to help SMEs get bank loans.
  • Cloud Lending Solutions unveils CL Originate, its next generation, cloud-based loan-origination platform.
  • CardFlight’s SwipeSimple to power Integrity Mobile’s mPOS tech.

Stay up to date on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

Around the web

  • Pymnts interviews Rich Aberman, WePay co-founder.
  • TradeSharp integrates with Tradier to offer brokerage services and enhanced trading strategies.
  • Gwyneth J. Gaul joins Bright Funds as the company’s new vice president of corporate partnerships.
  • Dividend.com features several alums in its discussion on how robo-advisors are changing the investment world.
  • Washington Technology Industry Association creates video about Lighter Capital.
  • InComm to expand offerings in Asda, the United Kingdom-based subsidiary of Walmart.
  • PayPal acquires mobile commerce platform Modest, its first acquisition as a standalone, public company.
  • Socure appoints Michael Hiskey as vice president of marketing. Join Socure at FinovateFall 2015 in New York.
  • Investment News quotes Hedgeable CEO Mike Kane on bitcoin’s prospects as an alternative asset class. See Hedgeable in New York at FinovateFall 2015.
  • Avidia Bank ($1.2 billion) to deploy Cardless Cash ATMs courtesy of partnership with FIS.
  • Eco-Mail names John Schloff as managing director of marketing. Catch Eco-Mail live at FinovateFall 2015 in September.
  • CardFlight’s SwipeSimple to power Integrity Mobile’s mPOS tech.
  • Pindrop Security appoints Mike Vandiver as chief financial officer.
  • Check out this week’s FinDEVr APIntelligence.
  • Australia-based SocietyOne hits $200m in applications.

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:

Around the web

  • Lendio launches new commercial real estate financing division.
  • AcceptEmail announces first major reseller agreement since opening U.S. headquarters.
  • Weinstein Company to use Cardlytics’ Box Office Purchase Data to engage with active moviegoers.
  • TransferTo enables Xoom customers to instantly send airtime credit online from the U.S. to international prepaid mobile phones.
  • Payment Alliance International to offer CardFlight’s EMV mPOS acceptance solutions to its market-partner distribution-network and merchant customers nationwide.
  • Yodlee’s write up of fintech innovation in Europe highlights TransferWise.
  • State Bank of India partners with BankBazaar to provide an online platform to home loan borrowers to apply for SBI Home Loans.
  • MetaBank partners with InComm to become an issuing bank for InComm’s prepaid card programs.

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.

OnFinance’s “50 Companies to Watch” Features Finovate, FinDEVr Alums

OnFinance’s “50 Companies to Watch” Features Finovate, FinDEVr Alums

OnFinance_50toWatch

Alumni from both Finovate and FinDEVr are featured in AlwaysOn’s OnFinance “50 Companies to Watch” roster released this week.

AlwaysOn’s OnFinance “50 Companies to Watch” highlights “early to mid-stage startups focused on honing fintech innovation” that are effectively taking their technologies to market. This ability to “capitalize on enormous market opportunities” is what AlwaysOn uses to distinguish its “50 Companies to Watch” from its “Top 100” list published earlier this month.

“(The 50) are positioned at the inflection point of growth and are quickly emerging as contenders that are earning global recognition,” write the editors.

See for yourself. The full list is here. Below are the nine Finovate and FinDEVr alums that made the cut, along with a link to their most recent appearance on stage.

AlphaPoint_hires_logo_boxFinovateEurope 2015

 

Betterment_logo FinovateFall 2011

 

CardFlight_logo FinovateSpring 2014

 

DraftLogo

See them at FinovateSpring 2015

 

 

 

jumio_logo_cmyk FinovateEurope 2015

 

 

Kensho_logo FinovateEurope 2014

 

Plaid_logo FinDEVR San Francisco 2014

 

Tradier_logo FinDEVR San Francisco 2014

 

 

Zumigo_logo FinovateSpring 2014