

- Former Lending Club director Joseph Toms joined Prosper as its Chief Investment Officer. Link
- The San Francisco Times reported on Prosper’s growth. Link
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Backbase
Backbase will provide TCS Bank in Russia with a website integration solution through Bank 2.0 Portal. Link
Bill.com
Bill.com rolled out Sage Peachtree Sync, software for controlling bill payment and management. Link
BrightScope
BrightScope released its second annual list of the Atlanta-based companies with the best 401k plans. Link
CashEdge
CashEdge expanded Popmoney service by adding Popmoney for Prepaid. It also announced a partnership with TxVia. Link
Check Point Software Technologies
Check Point was listed on Acadian Asset Management’s Top 15 Buys list. Link
Cortera
Cortera announced a new version of its PULSE app, a customer monitoring service. The new version will add Growth Clues alert. Link
DebtGoal
DebtGoal hired Igor Vaks, former Experian CIO, as new COO. Link
eToro
eToro emerged as the preferred platform for building forex wealth through web trading. Link
Expensify
Expensify advertised on giant billboard in the Bay Area. Link
Fiserv
Fiserv announced improvements to its Relationship Rewards. Link
ID Analytics
CoreLogic partnered with ID Analytics to integrate ID Network with LoanSafe Fraud Manager. Link
ID Analytics will host Advance 2011, its 9th Consumer Risk Management Conference, this September. Link
IP Commerce
IP Commerce recently raised another round of funding. Link
Lending Club
Lending Club issued a record high of $17.5M loans in April. It is the 4th record month in the past 5. Link
Lending Club won Webby Award for the Banking/ Bill Paying category. Link
Mint
Mint won Webby Awards for the Financial Services category. Link
MoneyAisle
Mone
yAisle launched live auctions for unsecured personal loans to help consumers across a wide range of credit scores. Link
PayNearMe
PayNearMe raised $16M in funding from new and current investors. Link
Plastyc
Plastyc won a patent for improved online payment methods. Link
Prosper
Prosper increased loan volume by more than 50% compared to 3 months ago, issuing over $5M in new loans in April. Link
Yodlee
Yodlee is looking into developing mobile apps with new “FinApp Store” strategy. Link
To view our alumni news updates in real time, follow us on Twitter.
It 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):
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MicrosoftInternetExplorer4
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.
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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.”
Continue reading “eToro, Finantix, Liqpay.com and Meniga Win Best of Show at FinovateEurope”