Finovate Alumni News


  • “BioCatch Appoints Eyal Goldwerger as CEO”
  • Check out this week’s FinDEVr APIntelligence.
  • “CUneXus to Power Digital FCU’s Mobile Lending Platform”— Come see a live demo from CUneXus at FinovateSpring next month.
  • “Where Are They Now: FinovateSpring Alums Raise More Than $326 Million in a Year”


  • “EVO and Verifone Partner to Make EMV Payments Feasible at Restaurants”

Around the web

  • Celent recognizes EdgeVerve Systems as one of two model bank vendors for 2016.
  • Virtual StrongBox granted third patent which allows users to select, view and store private documents on mobile devices.
  • Larky powers the GoLocal rewards app from St. Helens Community Credit Union.
  • Polish startup Atsora wins global Emirates NBD Group FinTech Challenge 2016.
  • National Bank of Canada deploys TickVault big-data platform from TickSmith.
  • ICBC Standard Bank chooses client lifecycle management platform from Fenergo.
  • Infosys Finacle announces its first core banking platform client in Myanmar: Asia Green Development Bank.
  • Fiserv teams up with Cisco to help banks improve customer engagement and internal collaboration via improved communications technology.
  • Jack Henry sells its deposit-automation business to Battery Ventures, a U.S./Israeli venture capital firm.
  • ACI Worldwide hires new SVP for business development, Hannes van Rensburg.
  • Temenos’ T24 core banking system goes live at Bermuda Commercial Bank.
  • Zooz integrates eCommerce, CRM, enterprise resource planning (ERP), and other payment solutions from Nodus Technologies into its platform.

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.

Check Out Who Took Home Top Honors at Last Night’s European Fintech Awards

GroupPhoto(Photo credit:

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. A total of nine awards were presented to companies selected by a panel of judges for the quality of their pitch.

Four of the winners are Finovate and FinDEVr alums, including BehavioSec, who won the overall award of Best European Fintech Company of 2016:

Category: Risk, Intelligence, and Security
HQ: Stockholm, Sweden
Founded: 2009
FinovateFall 2015 demo
FinDEVr San Francisco 2015 presentation

Category: Innovative Banking Software
HQ: The Netherlands
Founded: 2003
FinovateEurope 2016 demo

Category: Financial Inclusion
HQ: Hamburg, Germany
Founded: 2012
FinovateSpring 2014 demo

Category: Best of Show, selected for the best pitch
HQ: Mechelen, Belgium
Founded: 2011
FinovateEurope 2016 demo

A total of 29 Finovate and FinDEVr alums were recognized in the European Fintech Top 100 list. Companies awarded on this list were selected by a combination of online public votes (weighted 25%) and a panel of judges (weighted 75%).

  • AdviceGames
  • Kantox
  • Klarna
  • AMP Credit Technologies
  • Kontomatik
  • Azimo
  • Kreditech
  • Backbase
  • Mambu
  • BehavioSec
  • mBank
  • Cloud Lending Solutions
  • Meniga
  • ebankIT
  • Nutmeg
  • eToro
  • Qumram
  • Scalable Capital
  • eWise
  • SmartEngine
  • Fenergo
  • TransferWise
  • Holvi
  • Trustly
  • IdeaBank
  • Zopa
  • InvoiceSharing

The European Fintech Awards are organized by Amsterdam-based publishing company Alex van Groningen BV. The company offers a great explanation of the awards: “The purpose of the FinTech awards is not to scientifically prove who are the best FinTech companies. The judging is primarily based on the judges’ individual ideas and views on the nominating companies using their expertise, knowledge and ideas.”

Finovate Alums Dominate The FinTech50’s Inaugural Hall of Fame


FinTechCity unveiled its new FinTech50 Hall of Fame this week at the Money 20/20 event in Copenhagen, Denmark. Finovate alums took six out of the ten spots.

The “founding ten members” of TheFinTech50 Hall of Fame are companies that “have featured on our radar since the days when they could reasonably be called startups,” say FinTech50 founders Julie Lake and Nicky Cotter, writing in The FinTech50 2016 Yearbook. “In recognition of their pioneering spirit and competitive staying power, we felt they deserved their own special place within a list of remarkable game-changers,” the founders wrote.

FinTechCity also presented The FinTech50 2016, its roster of the fifty hottest FinTech businesses in Europe. Of the 50 companies selected by the panel of more than 30 industry experts who poured over more than 1,200 candidates, a full baker’s dozen were Finovate—or FinDEVr—alums.

Read the full list.

Lake and Cotter called this year’s competition “the most hotly contested FinTech50 in its four-year history.” The founders also highlighted differences from the 2015 list, with this year’s roster featuring more companies innovating in “security, compliance, and risk.”

Also noteworthy was the number of European fintech companies from the United Kingdom (more than 30 out of the 50). The founders credited this to the U.K.’s broader access to funding, as well as the region’s local talent, and “favorable regulatory environment.” Lake and Cotter also praised other emerging European fintech communities in Amsterdam, Berlin, and Stockholm.

In addition to The FinTech50 2016 and its new Hall of Fame, FinTechCity also announced its FinTech20 India and FinTech20 Hong Kong. Finovate alums were represented here with Demystdata (FinovateAsia 2012) earning a spot in the Hong Kong 20, and Bank Bazaar (FinovateAsia 2012) getting recognition in the India 20. Lastly, The FinTech50 shared “The Hot Ten,” a roster of companies on their watch list for 2016. Here, Finovate alum, Ormsby Street (FinovateFall 2015), was recognized on that list.

Finovate Alums Make Tech Tour’s 50 High Growth European Companies

TechTourGrowth50_2016Tech Tour recognized seven Finovate alums in its 2016 Tech Tour Growth 50 (TTG50), a roster of the fastest-growing technology companies in Europe. Making this year’s cut were:

Managing Director of The Tech Tour William Stevens said that recognizing these companies was important in a world otherwise focused on “the billion-dollar unicorn successes.” He pointed out that the Tech Tour Growth 50 companies had “created more than 8,000 high-tech jobs, attracted $3.5 billion of investment, and have an estimated combined valuation of $14.2 billion.”

“This is a clear demonstration of Europe’s strength, potential and competitiveness in scaling-up tech businesses,” Stevens said.

A few additional metrics on the companies of the 2016 Tech Tour Growth 50:

  • 90%: percent founded in the last 10 years.
  • 22 months: the average time from formation to first funding
  • 66%: percent with at least one U.S. investor

This year’s list was chosen by a selection committee chaired by Jean-Michel Deligny, managing director of Silverpeak Investment Bank. Serving on the committee were representatives of:

  • Accel Partners
  • Amadeus Capital Partners
  • Bank of America Merrill Lynch
  • DN Capital
  • Earlybird
  • Highland Capital Partners Europe
  • Idinvest Partners
  • The World Economic Forum.

Companies for the TTTG50 were chosen based on “innovation potential, management team, and pedigree,” as well as factors such as sales growth. Candidates were required to have a minimum of €10 million in revenue, €20 million in total funding, and a valuation of at least €100 million but less than €1 billion.

The Tech Tour was founded in 1998 and is based in Geneva, Switzerland.

Finovate Alumni News


  • “Brunon Bartkiewicz Named New CEO at ING Bank Slaski”


Around the web

  • Xignite announces its XigniteGlobalCurrencies API is now available in the Oracle Cloud Marketplace. Join Xignite at FinDEVr 2016 in New York, March 29 and 30.
  • CardFlight integrates with Stripe to encourage developers to build EMV payment functionality within their mobile apps.
  • Jack Henry partners with The Clearing House to help spread “real-time payment ubiquity” among FIs.
  • Fenergo to provide Client Lifecycle Management solutions to Nikko Securities America.
  • WePay wins gold at 2016 Stevie Awards for sales and customer service.
  • Entrepreneur reports: Payoneer to enter Indian market.
  • Insuritas replaces GoogleCompare by launching new technology that provides one-stop shopping for financial products.
  • launches the Network to promote faster, lower-cost payments for businesses.

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


  • “BizEquity, Malauzai Take Top Honors at Bank Director’s FinXTech Awards”
  • Check out this week’s FinDEVr APIntelligence.
  • “Finagraph Picks Up Investment from Moody’s”
  • “Cloud Lending Solutions Launches Asset Leasing Product”

Around the web

  • Vietnam’s Techcombank to support treasury, capital markets operations with FusionCapital from Misys.
  • Top Image Systems partners with TerraQuest to bring content processing to British government agency.
  • American Banker uses data from Pindrop Security to examine call center fraud.
  • Sparkroom wins Gold LeadsCouncil LEADER Award for Most Valuable Tech, and the Silver Award for Best Marketing Agency in Education.
  • Luxoft integrates P2P payment technology to enable IoT Solutions in Rinspeed’s Autonomous Driving Car.
  • Air Europa adds SafetyPay as a payment method.

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’s European Alums Raised More Than $350 Million in 2015


Nineteen Finovate alums headquartered in Europe raised $350 million in 2015.

From the $16,000 in seed money raised by U.K. startup, StockViews, to the €82 million investment received by Germany’s Kreditech, we’ve counted every euro, pound, and dollar that investors poured into our European alums. And whether the funding represented an initial infusion of capital or was part of a multi-stage Series E round, it is clear that investors are very interested in the fintech innovations of Europe.

Take a look for yourself at the “European Portfolio” from 2015 below, featuring Finovate alums from the United Kingdom, Ireland, Germany, Switzerland, and the Netherlands.





Netherlands_FlagThe Netherlands








UK_FlagUnited Kingdom

There’s still time to join us in London for FinovateEurope! Our two-day conference returns to Old Billingsgate Market Hall, February 9 and 10. Get your tickets today and save your spot.



Finovate Alumni News


  • “Finovate Debuts: Alerts from Ethoca Foils Fraudsters”
  • “BBVA Compass to Leverage BlackRock-owned FutureAdvisor”

Around the web

  • Fenergo forges strategic partnership with Markit and, bringing its client lifecycle management solution to FIs.
  • Union Bank & Trust to leverage Digital Payments Guardian from Prairie Cloudware to power its new bank-branded mobile wallet.
  • SunTrust Bank selects the Enterprise Risk Case Management (ERCM) solution from NICE Actimize.
  • Former FDIC chair Sheila Bair gives Blooom a “ringing endorsement” during a recent visit.
  • Jack Henry & Associates promotes former president David Foss to CEO; Jack Prim transitions to executive chairman of the board.
  • Emailage and Quatrro Processing team up to provide end-to-end, anti-fraud and chargeback-management solutions to merchants.
  • Pymnts talks to Kashoo about connecting with SMEs that procure through Amazon Business.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News


  • “CAN Capital’s CAN Connect APIs Now Offer iPayment Merchants Access to Funds”
  • “Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials”
  • “BankersLab Closes on Undisclosed Amount in Angel Funding Round” Come to FinovateEurope 2016 to see their live demo.

Around the web

  • TransferWise chooses UP Framework from ACI Worldwide to enhance its ability to grow network and add payment types.
  • Fenergo launches its Data Integration Manager, integrates with Avox, Omgeo, and Clariet Global.
  • Pakistan’s Habib Bank (HBL) to implement FusionBanking Corporate Channels from Misys.
  • TechCrunch interviews CEO Jeff Lawson of Twilio.
  • ThetaRay CEO Mark Gazit talks about the cyber attacks of the future for Infosecurity Magazine.
  • Coinbase to offer volume-based rebates for trades placed on Coinbase Exchange starting next week.
  • Kony launches Mobile Field Service solution to help enterprises mobilize and modernize their field service operations.
  • Microsoft’s Azure blockchain-as-a-service partners with Ripple, now operating a Ripple validating node for Ripple’s bank users.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.


American Banker’s “20 Fintech Companies to Watch” Features 11 Finovate Alums

FintechForward_AmericanBanker_BAIIn the same way that celebrities examine the memoirs of other celebrities to see if and how frequently their names are mentioned, I admit my first thought upon seeing American Banker’s roster of “20 Fintech Companies to Watch” was: “How many Finovate/FinDEVr alums?!”

American Banker’s “20 Fintech Companies to Watch” feature is a part of Fintech Forward, its collaboration with BAI. The goal of the partnership is to “identify the forces and trends that are motivating banks’ technology investment.”

Companies for the list were selected by a panel of judges from American Banker, BAI, Citi, Santander, and Rockland Trust, who focused on three criteria:

  • Does a company offer innovative technology?
  • Does it solve a real business problem?
  • Is it ready for prime time?

So with the bar set, here are the Finovate alums that made the cut.

Rounding out the top 20 were Untapt, Gigaspaces Technologies, IdentityMind Global, Addepar, Zenbanx, nCino, Moneythink, InAuth, and Iovation.

In addition to its “20 Fintech Companies to Watch,” Fintech Forward has produced its “Top 100 Companies in Fintech” and “Top 25 Enterprise Companies” rankings. Both rosters feature numerous Finovate and FinDEVr alums, as well.

More Than 30 Alums Make Hot Topics 100 Most Influential People in Fintech


If you drew up a list of the 100 most influential men and women in fintech, how many of them would be alumni of our Finovate/FinDEVr conferences?

The answer is about a third, according to Hot Topics, which released its list of the top 100 fintech influencers this week.

“More transactions taking place online mean more opportunities to help consumers manage their money in digital form: enter the fintech platforms,” wrote Joel Watson for Hot Topics. “Whether it be securing mortgagees, getting a loan, transferring money abroad, spending money in an ecommerce store, or one of a thousand other applications, the marketplace is fiercely competitive and growing all the time.”

See if you agree with who made the cut, who was overlooked, and who deserves at least an honorable mention.

Hot Topics is an online community of more than 300 entrepreneurs, corporate executives, venture capitalists, journalists, bloggers and other professionals interested and involved with technology.


Finovate Alumni News


  • “Finovate Debuts: Emailage Detects Fraud Through User’s Email Address”
  • “Finovate Debuts: FundAmerica Helps Crowdfunders Stay Compliant”
  • “TIO Networks Garners $1.7 Million From Secondary Stock Offering”

Around the web

  • CashStar names Katherine Edenbach as its new corporate controller.
  • E-SignLive by Silanis picked as a KMWorld Trend-Setting Product of 2015.
  • CIO cites Avoka’s win of most innovative customer solution during Citi’s demo day in London.
  • Aquiline Capital Partners reveals an investment in Fenergo, an Irish-client, lifecycle-management specialist.
  • Intuit to sell off Quicken with no plans to divest Mint or Mint bills.
  • Holvi launches app for iOS and Android.

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.