Finovate Alumni News– March 28, 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.jpgMambu wins Cloud Computing Innovation of the Year awards at 2014 FStech Awards.
  • eToro launches new version of OpenBook.
  • Nostrum Group ranked 9th in GP Bullhound’s Northern Tech 50.
  • Global Payments to offer MasterCard’s MasterPass digital payments solution.
  • New partnership means V&D customers will be able to pay via Klarna.
  • Innotribe interviews Kantox’s CEO, Philippe Gelis.
  • The Financial News features BehavioSec.
  • BBVA and Google sponsor developer competition for SME business apps geared toward Spanish, Latin American markets.
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.

19 Finovate Alums Selected for 2014 European FinTech 50 Awards

The FinTech 50 awards highlight 50 European-based companies to watch over the coming year. The companies are selected by a panel of 15 fintech professionals. This year, 19 of the selected companies are Finovate alums.

Here are the Finovate alums selected, listed in alphabetical order:


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AcceptEmail, for its electronic billing and payment system that allows customers to make payments straight from their email.

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BehavioSec, for its technology that uses behavioral biometrics to verify users, creating a secure environment without extra friction.

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Credit Agricole Apps, for its online app store where financial apps are co-created between clients and developers.

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eToro, for its social trading and investment network

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ETRONIKA, for its full suite of ebanking channels and BANKTRON management platform.

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Fidor Bank, for its innovative online banking community.

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Five Degrees, for its integrated banking platform that extends from back-end systems to client-facing technology.

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FreeAgent, for its SMB-focused online accounting system.

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Help my Cash, for its recommendation engine that informs consumers of their options when choosing and negotiating financial services.
Holvi, for its smart checking account for group activities.
Ixaris, for its innovative global applications based on open-loop prepaid card schemes.

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Klarna, for its e-commerce payment solutions.

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mBank, for its Bank 3.0 approach to online and mobile banking.

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Meniga, for its white-labeled PFM and next-generation online banking solutions.

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Nutmeg, for its online savings and investing service that helps users manage their money.

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The Currency Cloud, for its Cross Border Payments as a Service product that optimizes exchange rates and payment networks for both parties in a currency exchange.

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TransferWise, for its platform that allows expats, foreign exchange students and businesses to move money globally.

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Wonga, for its service that provides small, short term cash advances to UK consumers online.

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Zopa, for its P2P money lending service that allows borrowers and lenders to deal with each other directly.

Finovate Alumni News — January 13, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgeToro to allow its members to invest and trade in bitcoin.
  • CaixaBank enables cardholders to make transaction-based, charitable micro-donations.
  • PhotoPay wins spot in this year’s FinTech Innovation Lab London. See them in action at FinovateEurope.
  • Flint Mobile, BillGuard both featured in Forbes column on companies “moving global commerce forward.”
  • Daily Mail takes a look at Zopa and the Zopa Rate Promise.
  • miiCard and Axiomatika partner to power identity verification solutions for the Russian financial industry.
  • CoverHound grows 533% Year over Year in 2013 and Promotes Keith Moore to CEO.
  • ShopKeep POS launches ShopKeep Mobile for iPod Touch.

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– July 30, 2013

  • FinovateLOGO.jpgOpenCoin is among the virtual currency innovators looking to form a self-regulatory body for the industry.
  • MasterPass from MasterCard launches in the United Kingdom.
  • Bank Innovation takes a look at FIS Global’s recent remarks on the company’s technology deal with Sainsbury.
  • Yahoo Finance looks at rewards earned using Dynamics ePlate credit card.
  • StreetFight features reasons to opt in for card-linked loyalty programs from Cartera Commerce, Cardlytics, edo Interactive and Swipely.
  • Netbanker features BillGuard, Manilla, and Credit Karma as value-added apps driving mobile adoption.
  • eToro adds price alerts to eToro Trader app.
  • Bright Ideas features Noreen Hafez, senior product marketing manager at Akamai.
  • Kasasa holds sweepstakes, films big-bank breakup video, featuring CEO Gabe Krajicek.
  • Betterment joins fellow Finovate alumni FutureAdvisor and LearnVest in this NYT column on bringing “financial planning to the masses.”
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– July 22, 2013

  • Finovate-F-Logo.jpgPrestadero raises 5 million pesos ($400,000 USD) in first round of funding.
  • Geezeo partners with OSG Billing to offer new ways to leverage PFM within the bank statement.
  • eToro OpenBook now a single-page application since Copy.Me is discontinued.
  • The Financial Brand takes a look at mobileBanker, a turnkey solution for mobile sales from Zenmonics. See Zenmonics at FinovateFall in September.
  • FTRANS raises more than $2 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– July 18, 2013

  • Finovate-F-Logo.jpgPennsylvania-based First National Community Bank selects a core banking system from Fiserv.
  • Check Point Software launches 13000 Appliance solution set for high-performance data center cyber security.
  • Accounting and advisory firm William Buck and Xero partner to offer clients Xero as accounting solution of choice.
  • eToro releases Stockwatch for Android.
  • StreetFight Magazine features case study of ShopKeep POS use in cupcake bakery.
  • IntelliResponse announces VAR partnership with Australia-based BolderView.
  • SeedInvest CEO Ryan Feit talks with the Street.com about the effect of fund advertising rule changes on crowdfunders.
  • Built in Chicago blogger profiles Pangea Payments and the trillion dollar remittance market.
  • 2013 Payment Hub report names ACI Worldwide “Best in Class” in payments capability.
  • InComm Launches Pre-Top to Expand Availability of Prepaid Solutions.
  • TransferWise featured in American Banker column on the growing online/mobile payments business. 
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 21, 2013

  • FinovateLOGO.jpgBirdback teams up with Braintree for 3-day payments hackathon.
  • Indiana Members CU chooses Jack Henry & Associates’ Symitar for in-house core processing.
  • Keynote DeviceAnywhere adds mobile scripting, UI enhancements.
  • VoiceTrust moves operational headquarters to Canada, opening offices in Toronto and Montreal.
  • Figlo expands partnership with Yellowtail Consulting to enable stronger focus on South Africa.
  • Wipit partners with Sprint/ Boost Mobile to bring mobile payment capability to cash-preferred consumers.
  • Virtual Piggy signs first UK partners, Toy Galaxy and Toadstool.
  • eToro granted UK financial regulation approval from the Financial Conduct Authority (FCA).
  • Tyfone releases Connected Smart Card solution to allow FIs to enhance user ID info used to access sensitive data.
  • Tradeshift partners with Invoiceware International to deliver compliant e-invoice validation in Latin America.
  • BillGuard to integrate with Google Wallet for transaction monitoring.
  • SigFig Portfolio adds support for Windows Phone.
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 9, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgForbes.com takes a look at the competition between Square and Flint Mobile.
  • Compass Plus presents instant card issuance in debut appearance at CARTES America conference.
  • SAGE SA names Amir Suleman as Head of Sales for Middle East.
  • Striata receives PCI compliance for its Grade 1 infrastructure in the UK.
  • New Europe Online interviews eToro’s Head of Product Marketing, Alon Levitan, about how eToro is changing online trading.
  • Good.is features SaveUp’s Priya Haji.
  • PEHub interviews Drew Sievers, who led mFoundry to an acquisition by FIS.
  • Fraternity and Sorority Political Action Committee leverages Billhighway Give to Reach Fundraising Goals.
  • Perfectsen selected as a semi-finalist for the Innotribe Startup Challenge 2013.
  • OneID wins 2013 North America Frost & Sullivan Award for New Product Innovation. Come see their presentation at FinovateSpring next week.
  • Locaid earns extended relationship with LaaS company Timesheet Mobile. See Locaid demo at FinovateSpring in San Francisco.
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.

Social Investment Network eToro Reaches 50 Million Trades

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eToro is marking their second year as an investment network, announcing a handful of metrics and milestones as part of the celebration:

  • 50 million trades processed
  • 3 million registered users
  • 200,000 active investors

eToro allows investors to invest together, sharing trading information and/or following “top traders” who may have as many as 9,000 other investors following their every move in the market. The platform includes safeguards, such as a tool that will prevent investors from investing more than 20% with any one trader. Investors can participate in eToro for as little as $50. And the company is currently offering a $20 gift card to new users.

eToro was founded in 2007, and is led by CEO Jonathan Assia and CTO David Ring. The company has raised nearly $34 million in funding, including a $15 million round in March.

eToro demonstrated their technology last year as part of FinovateFall, winning Best of Show for the fourth time. See them in action here.

Finovate Alumni News– April 26, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSeventy2Minutes reviews TransferWise as a PayPal alternative.
  • Wallaby Financial to participate in Frequent Travel University educational event. See them demo at FinovateSpring.
  • Credit Agricole’s social media bank celebrates its second year.
  • Social investment network eToro reaches 50 million trades.
  • Access Softek and Geezeo partner to integrate Access Softek’s mobile banking with Geezeo’s PFM.
  • Guardian Analytics unveils FraudMAP Wire product to prevent wire tap.
  • San Francisco Business Times names Taulia one of the 2013 Best Places to Work in the Bay Area.
  • VentureBeat reports Bill.com has converted more than 40% of its customers from checks to electronic ACH transactions.
  • American Banker reports: Actiance Updates Social Media Management Software.
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 22, 2013

  • Finovate-F-Logo.jpgBoulder Valley Credit Union introduces Tyfone Mobile Banking Financial Services.
  • Nerdwallet reviews Personal Capital.
  • Center for Financial Inclusion blog features Entreprenurial Finance Lab’s technology.
  • Payments News reports Blackhawk Network completes IPO.
  • Community Credit Union releases MoneyDesktop 4.0 to its members.
  • eToro helps new users to connect with people on OpenBook by unlocking their feed.
  • Newfination hosts Carl-Henrik Somp, Trustly COO, to discuss the startup’s service.
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 19, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgArvest Bank to deploy IntelliResponse Virtual Agent technology. See them demo at FinovateSpring in May.
  • GMC Software Technology founder Rene Muller wins Lifetime Achievement award.
  • PrivatBank to provide service to customers wearing Google Glass.
  • American Banker interviews Pageonce COO Steve Schultz on the company’s goal to be the “go-to financial app on the phone”.
  • Mountain America CU launches MoneyDesktop’s My Money Manager PFM.
  • Blackhawk Network prices of its IPO of 10,000,000 shares of Class A common stock at $23 per share.
  • American Banker reports: Planwise Courts Bank Partners.
  • Black Enterprise features Bolstr as Tech Startup of the Week.
  • American Banker reports BillGuard has flagged $50M in suspect charges.
  • The Globe and Mail considers how eToro can benefit investors.
  • TechCrunch reports: SMB Inventory Management Startup TradeGecko Partners With Xero Accounting.
  • Rebirth Financial unveils white-label crowdfunding platform.
  • Trustly has now processed 10 billion SEK in payments since it began in 2008, has fully rolled out Direktbetalning in Sweden 
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.