Alumni News– December 17, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThe Jerusalem Post profiles Israeli startup, TipRanks.
  • CashStar Market Solution is now powering 150 promotions during this year’s winter holiday season.
  • Enterprising Investor highlights Betterment, LearnVest, Motif Investing, Venmo, and Wealthfront in its column on Millennials and money.
  • TechZone 360 discusses CrowdFlower in a review of “What’s Hot and What’s Not on Data Science for 2015.”
  • Yahoo! Finance features an interview with Rippleshot co-founder and CPO Yueyu Fu.
  • WingCash unveils Brand Cash, a digital currency that replaces merchant-specific gift and loyalty cards.
  • Financial Times profiles Betterment CEO and co-founder, Jon Stein.
  • After Manilla’s demise, Mint launches bill pay and bill management platform.
  • Time, Inc partners with Coinbase to accept bitcoin for subscriptions to Fortune, Health, This Old House and Travel + Leisure.
  • Tradeshift to waive 30% revenue share from organizations that build apps to support the circular economy http://bit.ly/13cY6S6
  • Wealth Management looks at the human advisors behind Personal Capital and SigFig.
  • Money Talks News lists alternative lending sites to consider: Prosper, Lending Club, and Kabbage.
  • ID Analytics names Timothy Laughlin as new CFO.
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.

Alumni News– November 19, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgeFLOW Crowdbridge from Top Image Systems voted one of the three best ECM Solutions for 2014.
  • Technocular interviews WePay founder and CEO, Bill Clerico.
  • Allied Payment Network launches its new small business payments solution, BizPay.
  • Kapitall and Motif Investing both referenced in Investment News column on data visualization.
  • Kahuna Payment Solutions chooses e-SignLive by Silanis, bringing e-signatures into its lending platform for retailers.
  • Syd Youth partners with CSI globalVcard to promote Spend Secure.
  • Banking 20/20 interviews EyeVerify EVP of Global Sales & Marketing, Chris Barnett.
  • Silicon Republic features Fenergo software developer, Marcio Duarte.
  • Business Insider reviews FutureAdvisor.
  • Credit Sesame wins IMA Outstanding Achievement Award in Financial Services.
  • FinovateEurope 2015 Presenting Companies Revealed. Get Your Ticket this Week for Very Early Bird Pricing!.
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.

Alumni News– August 27, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMonitise announces digital commerce and resourcing alliance with IBM.
  • ThinkAdvisor takes a look at the deal between the San Francisco 49ers football team and Wealthfront.
  • The Globe and Mail profiles David Lloyd and IntelliResponse as part of its Innovators at Work contest.
  • Fortune magazine column discusses Ripple and the “Internet of value exchange.”
  • ValueWalk: FutureAdvisor can be used as a free tool to rate your own investment decisions or a low-cost asset management service.
  • Chicago Tribune’s Blue Sky Innovation visits Bolstr for video interview.
  • Bill.com CEO and co-founder Rene Lacerte writes about the “new sharing economy” for Inc.com.
  • CashStar announces spot in Inc 500|5000 for a second year in a row.
  • EyeVerify opens new offices to accommodate recent growth.
  • Locaid partners with Danal to leverage location services in fight against financial fraud.
  • Wallaby Financial named finalist in Samsung Gear App Challenge 2014.
  • ZDNet: Xero continues march into U.S., launches partner marketplace.
  • The Independent looks at how BehavioSec uses behavioral biometrics.
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.

Alumni News– June 16, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBillGuard named one of Business Insider’s “20 Hottest Startups from Israel in 2014.”
  • Luxoft announces new offices in Detroit, Michigan.
  • Mobile Payments today interviews CashStar president and CEO, Ben Kaplan.
  • Investor Place looks at Blackhawk Networks’ place in ecommerce.
  • SecondMarket to form a syndicate to bid on upcoming bitcoin auction by the U.S. Marshals service.
  • Kiboo launches getback.net to tackle employee expenses.
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 — March 3, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgLeaf adds chief operating officer, vice-president of finance, and vice-president of engineering as company expands to bigger offices.
  • Fiserv appoints Kevin Gregoire as group president of financial institutions group.
  • CashStar launches new edition of digital gifting platform, CashStar 5.
  • Actiance Socialite available through the EMC Select Program.
  • IDology’s ExpectID Global launches in Canada.
  • Tactile Finance PRO’s new features target mortgage loan officers’ ability to compete and increase referrals. See its live demo at FinovateSpring next month.
  • Pikanik Bakery discusses its experience with ShopKeep POS.
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 27, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMountain America CU chooses ProfitStarsImageCenter and Enterprise Payment Solutions.
  • TSYS renews payments agreement with Commerce Bank.
  • ProfitStars announces partnership with OnDeck to deploy LendingNetwork platform.
  • Wealthfront’s automated investment advisory service goes mobile with new app.
  • Arroweye’s 2013 performance reveals 25% growth & 60%+ increase in open loop card fulfillment compared to 2012.
  • SpendMatters covers Tradeshift’s and Taulia’s divergent yet converging cases and value propositions.
  • Tradeshift raises $75 million, plans to open office in Tokyo.
  • Andera upgrades software to enable mobile applicants take photos of their driver’s licenses during the application process to populate data fields automatically.
  • Kabbage now extending more than $1 million per day in funding to small businesses.
  • Kony and AirPlug partner to deliver enterprise-grade mobile solution to mobile network operators.
  • CashStar wins Digiday Retail Award for achievement in online retail marketing and advertising.
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.

Five Finovate Alums Make Forbes America’s Most Promising Companies List for 2014

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Last year, Forbes selected four Finovate alums for its “America’s Most Promising Companies” roster.

This year, Forbes picked five.

Lending Club is back, the veteran of last year’s list climbing from a #12 ranking in 2013 to a #5 in 2014. Also returning is On Deck Capital, which soared from a #94 ranking last year to an #11 ranking this year.
When you look at the other alums to make the 2014 roster, it is clear that success in the lending  and capital-raising businesses are what bring in the votes over at Forbes. In addition to Lending Club and On Deck Capital, there is Kabbage coming in at #37. 

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Rank: #5
Revenue: $98 million
Employees: 379

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Rank: #11
Revenue: $65 million
Employees: 240

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Rank: #37
Revenue: $17 million
Employees: 80

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Rank: #81
Revenue: $16 million
Employees: 88

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Rank: #98
Revenue: $0
Employees: 12

Kony at #28, Five Other Finovate Alums Make Inc. 5000 for 2013

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Congratulations to six Finovate alums named to the Inc. 5000 list of America’s fastest growing companies.

The list included two Finovate alumni in the top 500: Kony Solutions (#28), and CashStar (#108). Prosper just missed the top 500, ranking #548. Also on the list were OnDeck (#660), Authentify (#2,328), and Capital Access Network (#4,535).

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Rank: #28
Description: Offers a codebase for developing mobile and multichannel applications

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3-year revenue growth: 79x (eg. 7,900%)
2012 revenue: $51.1 million
2009 revenue: $648,000
Employees: 1100
3-year employee growth: 1003
Founded: 2007
Additional honors: #2 Top 100 Software Companies, #4 Top 100 Florida Companies
Rank: #103
Description: Hosts and maintains a transaction platform for retailer-branded gift card programs
3-year revenue growth: 35x

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2012 revenue: $9.7 million
2009 revenue: $276,000
Employees: 96
3-year employee growth: 73
Founded: 2008
Additional honors: #6 Top 100 Software Companies, #3 Top 100 Maine Companies
Rank: #548
Description: Peer-to-peer lending marketplace
3-year revenue growth: 9.3x

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2012 revenue: $6.8 million
2009 revenue: $732,000
Employees: 84
3-year employee growth: 50
Founded: 2006
Additional honors: #36 Top 100 Financial Services Companies #97 Top 100 California Companies, #31 San Francisco Metro Area
Rank: #660
Description: Small business lender
3-year revenue growth: 8x

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2012 revenue: $36.7 million
2009 revenue: $4.6 million
Employees: 153
3-year employee growth: 117
Founded: 2007
Additional honors: #41 Top 100 Financial Services Companies, #40 Top 100 New York Companies, #5 New York City Metro Area
Rank: #2,328
Description: Delivers automated, multi-factor authentication services
3-year revenue growth: 2.6x

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2012 revenue: $14 million
2009 revenue: $5.5 million
Employees: 37
3-year employee growth: 13
Founded: 1999
Additional honors: #36 Top 100 Security Companies
Rank: #4,535
Description: Provides working capital and data services to small businesses
3-year revenue growth: 49%

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2012 revenue: $152 million
2009 revenue: $102 million
Employees: 425
3-year employee growth: 144
Founded: 1998

Finovate Alumni News– July 10, 2013

  • FinovateLOGO.jpgAuthentify launches security app for mobile devices, replacing passwords with digital images and spoken pass phrases.
  • Google Wallet’s “Buy with Google” promotion provides discounts via Android apps ranging from Airbnb to Uber.
  • IBS Intelligence ranks SAGE SA’s Prospero 2nd in 2013 Sales League Table.
  • Manilla’s activated user base surpasses half million mark.
  • CashStar announces new clients for its digital gifting program.
  • Moven’s beta program expands to add additional testers as company anticipates mobile signup by year’s end.
  • Bank Innovation reviews GoBank’s progress toward customer engagement and mobile centricity.
  • American Banker reports: Mitek Receives Patent for Mobile Card Balance Transfers.
  • SecondMarket launches General Solicitation solution in response to the SEC lifting of the ban on general solicitation by the JOBS Act.
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– June 11, 2013

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  • miiCard partners with authentication company, Toopher, to help users and businesses more effectively fight fraud and secure new services online.
  • BBVA Compass deploys Mitek’s Mobile Photo Bill Pay.
  • TIBCO Software acquires StreamBase Systems.
  • Kofax issued patent that covers sending receipt confirmation for a fax.
  • AU Arts Hub profiles Narrative Science’s approach to journalism.
  • Cashstar announces patent for virtual gift card technology.
  • Keynote brings MITE Enterprise, DeviceAnywhere Enterprise to UFT users.
  • Green Dot to acquire Walmart’s reloadable prepaid card business, MoneyCard.
  • Affinity Solutions raises more than $21 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.

Finovate Alumni News– May 22, 2013

  • FinovateLOGO.jpgBangor Daily News blogger interviews CashStar CEO Steven Boal.
  • Service2Media announces implementation of mobile app development platform.
  • Locaid CEO Rip Gerber wins CTIA “Ingenious Innovator” award for product and service innovation.
  • Temenos unveils DataSource, their new enterprise data management system.
  • Take a peek at the new look of Comarch Smart Finance.
  • Swipely earns $12 million in Series B funding.
  • Big banks boost Capital Access Network’s lending capacity by more than 50%.
  • SimpleTuition announces $4 million Series D round.
  • Pandai brings on John Porter as Chairman.
  • PandoDaily reports: Google closes Checkout, pushing thousands of merchants into Braintree’s arms.
  • Arxan’s mobile app integrity protection platform now supports the Tizen OS, protecting Tizen apps from cyber threats.
  • eToro reaches 50 million trades landmark.
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– May 17, 2013

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  • Serverside Group grants license for its US card customization patents to financial services provider, DimpleDough.
  • CashStar announces year-over-year growth in Mother’s Day eGifting cards sold.
  • MobilePaymentsToday takes a look at Zooz In-Ad Payments service.
  • FlexScore provides waiting list for access codes to beta version of their web-based financial advisor platform.
  • American Banker features crowdfunders LendUp and Realty Mogul.
  • TransCard congratulates technology partner FamZoo on winning FinovateSpring 2013 honors.

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.