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Tracking fintech, banking & financial services innovations since 1994
What have the companies that demonstrated their latest technologies at our west coast fintech conference last spring been up to in the months since then?
We’ve moved the event later in the year in 2020 due to the public health concerns over the coronavirus pandemic. But we still wanted to check in on these innovators from our most recent spring show, and take note of their accomplishments since we last saw them on the Finovate stage. Here’s what we found:
Bringing in the Big Money
Anti-fraud solutions provider – and Best of Show winner – Arkose Labsraised $22 million in a round led by Microsoft’s VC arm, M12. The company won its first Best of Show award at our west coast conference last spring after demonstrating its authentication system.
Voca.ai, a three-time Best of Show winner, secured funding from American Express Ventures.
Digital platform banking solution provider Agorasecured $2 million in funding as it announced the opening of new headquarters in Atlanta, Georgia.
Cinchy won $500,000 cash prize in 2019 VentureClash competition.
ClickSWITCHraised $13 million in Series B funding.
SheerIDlanded $64 million investment in round led by CVC Growth.
Strandsagrees to be acquired by credit management solutions specialist CRIF.
Cinchy earned a spot in the 2020 MassChallenge FinTech program.
doxo teamed up with fellow Finovate alum Plaid to bring overdraft protection to billpay.
A new partnership has broughtClickSWITCH’s account switching technology to customers of fellow Finovate alum Finastra. ClickSWITCH also announced a partnership with digital bank Current.
EVERFIcollaborates with Zelle to support youth financial literacy.
Faradayintegrated with growth marketing platform Iterable bringing AI-generated predictions to Iterable’s workflows.
Fortress Identityworked with Visa to bring biometric authentication to cardholder transactions in Latin America and the Caribbean. The company also partnered with Zenus Bank, helping the Puerto Rico-based institution securely onboard new accounts.
RightCapitalentered into a strategic partnership with the International Association of Registered Financial Consultants, and teamed up with wealth manager CircleBlack.
Terafinapartnered with Alabama’s Listerhill Credit Union and empowered small business onboarding for PlainsCapital Bank.
Arkose Labsearned a spot in CNBC’s 2019 Upstart 100. The company’s VP of Marketing and Strategy Vanita Pandey and Senior Producer Hedda Peters win Women in Cybersecurity honors from the Cyber Defense Global Awards.
Neener Analyticswon Rising Star in India recognition in the India FinTech Forum’s IFTA 2019 awards.
Gliapicked up top honors at the CUNA Operations & Member Experience Council and Technology Council Conference Speed Rounds competition.
Invest Sou Sou was selected to participate in Halcyon Incubator for startups in the Washington, D.C. area.
GoBankingRates featuredCalcXML in its roundup of top free online financial calculators.
Cinchynamed a finalist in Connecticut Innovations’ 2019 Global Venture Challenge.
EVERFI recognized in the Deloitte 2019 Technology Fast 500.
Flybitsearned a spot in the 2020 Fintech Power 50, and was named to Digital Finance Institute’s list of Top 50 Fintech Companies in Canada for 2019. Horizn and Responsive AI also earned recognition from the Digital Finance Institute in this roundup.
Launchfire’sLemonade training platform named to 2019 Top Training Companies roster for gamification companies.
Finovate events have always been celebrations. Celebrations of innovation, celebrations of technology, celebrations of industry. But this spring was not a time for celebration, and our thoughts are with every single person and company impacted throughout the community.
As heard from our followers and in news recently, we are turning a corner and seeing the light. The fall season has always been a big time for product launches, and these will be more important now than ever as companies reemerge. And that’s something to celebrate.
This fall for the first time, Finovate hits both coasts: FinovateFall in September in New York and FinovateWest (formerly FinovateSpring) in November in San Francisco. And we’re accepting applications from companies interested in demoing their technology at each.
Showcasing products and solutions – not just talking about them – is the best way to do business. It allows 1,000+ potential buyers, partners and investors to see how your technology works and how it can benefit them. Not convinced? Hear from some of our alums:
It’s one of the leading fintech conferences around the world, so there’s no better place to launch a product. With any conference, it’s about the return on investment — you never know if you’ll meet one person of five, but we’ve already met 10 potential partners that I’m really excited to work with.
Dana Budzyn, CEO & Founder, UBDI
It’s been successful here! We’ve already had around 30 to 40 people visit our booth and 15 requests from people saying, “Can you come and show us your technology?”
Ned Phillips, CEO & Founder, Bambu
I think we’ll be here every year – we met 90% of our clients at Finovate. We meet our clients; we meet our prospects. If you’re a bank or fintech and want to know about the trends and get a sneak peek into the future, this is the place.
Uday Akkaraju, CEO, Bond.AI
Finovate is the best place for our startup to get exposure to potential clients and investors, all under one roof!
Emil Tarazi, Chief Data Scientist & Founder, ETFLogic
Finovate is a great way to meet the right people at the right organizations! It was really exciting to have them approach us after seeing our demonstration on stage!
In order to reflect the new timeline of the event, we have changed the name from FinovateSpring 2020 to FinovateWest 2020. The show will take place November 23 through 24 at the Hilton in San Francisco’s Union Square. Registration is now open (if you were already registered for the event our team has been in contact with you via email).
Over the past 12 years, many of you have come to feel like family to us, and we hope you are all doing what is needed to keep yourselves and your family safe.
As part of an effort to keep everyone safe, and to comply with current governmental recommendations surrounding COVID-19, we have rescheduled FinovateWest 2020 to take place November 23 through 24.
The venue will remain the same at the Hilton San Francisco Union Square. Attendees who have booked as part of Finovate’s room block will not incur any cancellation fees from the hotel. The hotel is in the process of moving attendees in our block to the new dates and attendees will receive a confirmation when the move has been completed. If you need to change your new reservation, please contact the hotel directly.
We will be in touch with respective parties – speakers, sponsors, and demo companies – with more detailed information about arrangements for the new dates. If you have any questions please contact us to discuss further.
We remain grateful for your continued support and understanding and very much look forward to welcoming you in November.
In the meantime, please let us know if there is anything we can do to foster innovation and community in the fintech sector. Our industry was created to fulfill unmet needs of society. We know that in these crucial months ahead, innovators in this space will continue to do so.
We’re all in this together, and we each have a role in continuing the heartbeat of fintech across the globe.