Dashlane Launches Password Management for Teams

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Password management platform Dashlane recently released an update that will give organizations more control over accounts that need to be shared across team members.

The New York-based company’s latest release will include three major upgrades:

1) Sharing Center, a dashboard that displays all of a user’s accounts synched with Dashlane. It enables them to share the passwords with others, automatically informing all users when a shared password changes.
From the Sharing Center, users can also manage access levels, giving others full rights or limited rights to the password.
2) Emergency Contacts gives users the ability to provide a trusted emergency contact with access to select accounts in case of emergency.
3) View Password History gives users a comprehensive view of all of the passwords they have previously held in Dashlane.
 

In addition to the new sharing functionality, it is also releasing an upgrade to its user interface.

Dashlane was founded in 2009. At FinovateEurope 2013 it demoed how its online and mobile interfaces make online transactions easier and faster.

Alumni News– July 17, 2014

  • Finovate-F-Logo.jpgPaySimple to enable SMBs to accept payments and automate billing under Zen Planner’s software solution.
  • Dashlane launches password management for teams.
  • Top Image Systems acquires eGistics for $18 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 Alums Raise More than $600 Million for Second Quarter in a Row

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In the first quarter of 2014, 23 Finovate alums raised more than $592 million

And as the second quarter draws to a close, it’s clear that a comparable cohort of alums have kept the pace.

Over the course April, May, and June, 28 alums raised significant amounts of capital ranging from Gremln’s $100,000 to the $65 million raised by Lending Club. The quarterly total of $594 million is almost exactly the same as the previous quarter.

And given that some amounts are undisclosed (I’m talking about you, Holvi, RevolutionCredit, and Tuition.io), we’re confident that Finovate alums have notched their second $600 million fund-raising quarter in a row.
How does this compare with the less recent past? Very well, indeed. 
In the second quarter of 2013, 15 alums raised more than $200 million. This was a major improvement on the second quarter from 2012, which featured 14 companies raising more than $120 million. 
Total raised for Q2 2014 = $594 million
April — $217 million raised by 11 companies
May —  $226 million raised by 11 companies
June — $151 million raised by six companies

Note: Funding prior to becoming a Finovate alum not included. Questions? Comments? Email us at David@Finovate.com or Julie@Finovate.com

Finovate Alumni News– June 2, 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.jpgTop Image Systems partners with K2 to blend capture and mobile imaging technology with BPM.
  • On Deck reports $3.4 billion, $22K job impact on economy courtesy of its small business lending platform.
  • Eurasian Bank to deploy mobile banking technology developed by Monitise Create.
  • MasterCard launches MasterPass in Singapore.
  • Forbes features Xero, looks at why it will keep growing.
  • Finextra considers how The FCA plans to foster UK fintech innovation companies like Monitise, TransferWise, and Nutmeg
  • Apple opens TouchID to third parties,
    shows TouchID login example using Mint app in iOS 8 demo.

  • Dashlane reaches two million users milestone.

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.

Dashlane Raises $22 Million; Announces 2 Million Users; $1 Billion in Transactions Enabled

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Starting the week’s fintech news with a bang is password management innovator, Dashlane. The company, which was recently highlighted by the Wall Street Journal’s Personal Technology column as “the best way to manage online passwords,” announced that it had raised $22 million in funding.

The major infusion of capital represents the company’s biggest single investment to date, and takes the company’s total funding to $30 million.

For the most part, the new investment comes courtesy of a new investor, Bessemer Venture Partners, who led the Series B round along with current investors, FirstMark Capital, Rho Ventures, and Dashlane co-founder Bernard Liautaud. Dashlane reportedly will use the capital to bring on more talent and to explore other product possibilities related to identity management and payments, as well as to assist in expansion into both Latin America and Asia.
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Available on both PC and Mac, as well as on iOS and Android, Dashlane’s technology is renowned for its ability to help consumers store and manage passwords. Additionally, Dashlane also enables secure storage of credit card and ID information, provides automatic password generation, tools to test password strength, smart autofill, and alerts to let users know of possible security breaches to their online accounts.
Said Emmanuel Schalit, Dashlane CEO:
“Hundreds of millions of web users still manually register, login, and checkout on desktops and mobile devices, and leave themselves vulnerable to online security threats in the process. Dashlane elegantly solves this problem for consumers.”
As noted in Mashable’s report of the Dashlane funding, the company saw a surge of interest in its soutions shortly after the panic over the Heartbleed bug broke out earlier this year. Emmanuel said that although there was a spike in interest (and one that has “died down”), the company continues its rapid growth.
And as a testament to this growth, Dashlane also has announced that it has surpassed 2 million users of its platform, enabling more than $1 billion in transactions.
Founded in 2009 and based in New York City, Dashlane demoed the instant login and checkout features of its technology at FinovateFall 2012. See a video of the company’s presentation here.

Finovate Alumni News– May 19, 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.jpgGeezeo announces HTML5-inspired redesign of mobile PFM app.
  • Dashlane raises $22 million; announces 2 million users, $1 billion in transactions enabled.
  • Raymond James Bank N.A. chooses Fiserv for extensive enterprise banking.
  • MasterCard to acquire Indian payments processor, ElectraCard Services, for undisclosed amount.
  • Kony releases new Mobile Backend-as-a-Service
    (MBaaS)
    to reduce the cost and complexity of building enterprise mobile apps.

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 7, 2014

  • Finovate-F-Logo.jpgiFactor and Striata partner to offer robust push ebill solution to utilities.
  • Kingdom Trust and Bancbox partner to streamline the crowdfunding and P2P lending platform experience for the IRA investor.
  • Alternative lending pays up: Kabbage raises $50 million, Prosper pulls in $70 million.
  • Actiance extends Socialite to include Google+ & YouTube.
  • VentureBeat looks at the rise of P2P lending of many Finovate alums and predicts $1 trillion in loans by 2025.
  • App Annie now lets app developers track ads, app store optimization.
  • TradeHero launches a Chinese version, bringing the stock market game to traders in China.
  • Lend Academy speculates Prosper now valued $600 million, up from a $100 million valuation around eight months ago.
  • Personal Capital reaches 500,000+ registered users. Now is tracking over $70+ billion in & is managing $500 million in assets for clients.
  • Credit Sesame offers Target customers free ID protection, credit monitoring and credit scores without deadlines.
  • Jack Henry Banking’s Core Director processing platform deployed by Oklahoma State Bank and The Bank of Clovis in New Mexico.
  • BBVA Compass teams up with On Deck Capital to better score small business borrowers.
  • WSJ Personal Technology column recommends Dashlane as the “best way to manage online passwords.
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 14, 2014

  • Finovate-F-Logo.jpgPYMNTS looks at how Ripple hopes to build a global payments network.
  • Android Headlines reviews TradeHero.
  • FIS acquires CMSI, provider of consumer loan origination and portfolio management software.
  • CNBC’s Squawk on the Street interviews Dashlane CEO Emmanuel Schalit on Heartbleed.
  • SeedInvest raises $2 million in crowd funded investment campaign.
  • Ignite Sales wins 2014 Monarch Award for its Profitability Dashboard for OmniChannel Measurement.
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– December 23, 2013

  • Thumbnail image for Finovate-F-Logo.jpgCaixaBank taps Oracle for strategic Big Data project.
  • Boku announces partnership with SingTel to bring carrier billing-based mobile payments to Singapore.
  • Forbes profiles Ping Identity and its CEO Andre Durand.
  • The Sunday Times features peer-to-peer lender, Zopa.
  • Mobiliti from Fiserv named Top Customizable Solution in Javelin Strategy & Research Annual Mobile Banking Vendor Scorecard.
  • Fiserv’s Mobiliti platform received 4 Best in Class distinctions in CEB TowerGroup global mobile technology analysis.
  • Dashlane speaks Spanish, supports IE11, and more.
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– November 20, 2013

  • Kabbage launches iPhone app out of test market.
  • PC Mag includes Dashlane on list of the 50 best free iPhone apps of 2013.
  • Financeit brings in $13 million in series A funding.
  • TSYS Director of Innovation Chris Colson talks about the launch of their Idea Center.
  • Intuit launches Apps.com, a small business app store, and an updated QuickBooks Online API.
  • FIS to power Bharatiya Mahila Bank Ltd., the first women-focused public sector bank in India.
  • Fiserv wins top honors at Mobile Money Global and Mobile Excellence Awards with Popmoney P2P payments service.
  • TechCrunch reports that Google Wallet customers will soon have the option of physical, prepaid Wallet cards.
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.