Alumni News — Weeks of March 7, 13 and 21, 2011

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Andera adds its 500th customer.
Bill Harris and Mark Goines join the Pageonce Advisory Board. Harris was formerly CEO of Intuit and of PayPal, and Goines was formerly a senior executive at Intuit and Charles Schwab. named to the JMP Securities “Hot 100.” The list includes the 100 best privately held software companies for 2011 according to the investment bank.
BillShrink adds Anil Arora, Yodlee president and CEO, to its board of directors. The announcement comes just after the launch of “Statement Rewards” from BillShrink.
Boku moves from virtual-goods billing to real-goods billing in Germany. Now real goods can be added to wireless bills thanks to Boku’s technology.
Cardlytics wins Judge’s Choice Award in the 2011 Paybefore Awards. The Paybefore  awards are hosted annually by Prepaid Media.
CashEdge signs Huntington for P2P PopMoney.
Check out the Filene webinar with Thwakk on how to leverage financial education to increase youth membership.
Columbus Water Works customers can now pay their utility bill via eWise’s secure payment platform.
Cedit Sesame closes on $6.15 million Series B funding round led by Melo Ventures.
eToro launches “Trade Story.” This social platform helps traders learn the strategies behind other users’ trades.
Expensify is featured in Money magazine.
Guardian Analytics raises $11 million. This is Guardian’s fourth round of funding, this time led by Split Rock Partners.
H&R Block and Yodlee partner to make it easier to file taxes.
ICICI and Intuit partner on a Mint-like platform for India.

Alumni News, Weeks of February 21st and February 28th, 2011

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Bank of Internet will use Intuit’s FinanceWorks.
Betterment reduces fees on retirement accounts.
Service enhancements at Clone invoices ease automated payments.
eToro completes $8.3 million funding round led by Spark Capital. eToro has 1.5 million users in 130 countries worldwide.
eToro launches new user tools, and deposit bonuses. New eToro users can get a bonus of up to $500 to try Forex trading.
eWise is moving to Denver. The company processes electronic payments and is moving to attract employees.
Fiserv acquires M-Com to enhance mobile banking and payments capabilities.
Kiboo got a makeover. The new interface focuses on usability and design.
Lending Club exceeds $200 million in cumulative peer-to-peer  loans. The combined Lending Club and Prosper volume is now approaching the half-billion dollar mark.
Lodo Software signs thirty more banks for its OurCashFlow PFM platform.
MiiCard featured as Microsoft’s Startup of the Day.
Striata adds Iconix Truemark sender recognition technology to electronic communications. The system adds branded visual identity to help identify genuine emails from financial institutions.

eToro, Finantix, and Meniga Win Best of Show at FinovateEurope

Finovate_FEU_2011_BestofShow.pngIt was a fantastic day at the first FinovateEurope as 35 banking and financial technology companies debuted their latest innovations in front of a packed house. It was the first Finovate without at least one demo blowing up, though there were a couple close calls.

At the end of the day, attendees voted for their three favorite products. The four leading vote getters were named FinovateEurope “Best of Show” (see notes on methodology).
Every company that presented was named Best of Show by some portion of the audience. But the ones that ended on top today were as follows (in alphabetic order):

  • eToro launched OpenBook (CopyTrade & CopyTrader) which allows
    users to follow & copy trades of other users
  • Finantix introduced a suite of iPad applications for financial
    advisors to use in face-to-face client discussion
  • showed its new “$hop app” which allows a bank’s small business customers to easily set up a Facebook shop for ecommerce
  • Meniga 




    demoed its personal financial manager with an added gaming layer that combined humor with “social curiosity,” for example, to compare spending to peers

Congratulations! And thanks to everyone who presented, sponsored, attended and followed the @finovate tweets.


Notes on methodology:

1. Only audience members not associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites as the day went on. Ballots were turned in at the end of the last demo session. The exact written instructions given to attendees:
“Please rate (the companies) on the basis of demo quality and potential impact of the innovation they demoed. Note: Ballots with more than three companies circled will not be counted.”

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