Finovate Alums and the History of Bitcoin Innovation

Finovate Alums and the History of Bitcoin Innovation

With bitcoin and cryptocurrencies enjoying renewed interest, it’s worth noting that many fintech fans encountered their first bitcoin-related businesses through Finovate conferences.

Here’s a look at some of the companies that have brought their bitcoin and crypto-powered innovations to the Finovate stage.


OpenCoinFinovateSpring 2013 – The company now well-known as Ripple was introduced to Finovate audiences back in 2013. At FinovateSpring that year, Chris Larsen – CEO of a startup called OpenCoin – introduced its virtual currency and distributed open source payment network. Founded in 2012 and headquartered in San Francisco, California, Ripple currently has more than 300 financial institutions who leverage its RippleNet blockchain network to power real-time payments.

KlickExFinovateAsia 2013 – New Zealand-based KlickEx unveiled its asset-backed and algorithmic cryptocurrency for institutional and retail users at FinovateAsia in 2013. The company, founded in 2009, recently announced a partnership with the National Reserve Bank of Tonga to launch a new national payment system.

CoinbaseFinovateSpring 2014 – Among the bigger names in bitcoin and cryptocurrency to have demonstrated their technology at Finovate conferences is San Francisco, California-based Coinbase. Debuting at Finovate with its Instant Exchange in 2014, Coinbase has grown into one of the biggest players in the cryptocurrency market with more than 35 million verified users and more than $320 billion in total volume traded on its platform.

AlphaPointFinovateEurope 2015 – With more than $350 million in monthly trading volume and 20 digital currency exchanges operating in 15 countries, AlphaPoint is a leading fintech exchange platform provider for digital currencies. The company demoed version two of its digital currency exchange platform at FinovateEurope in 2015.

CoinJarFinovateEurope 2015 – Australia’s largest and longest-operating bitcoin company, CoinJar demonstrated its platform at FinovateEurope 2015. The Best of Show-winning firm was the first in its market to offer a bitcoin debit card that enabled cardholders to use the cryptocurrency for everyday purchases.

BitbondFinovateEurope 2015 – Berlin, Germany’s Bitbond offers a global P2P bitcoin lending platform that enables anyone with an Internet connection to both get loans as well as invest their savings for interest. The company demonstrated its AutoInvest functionality, which facilitates and automates fund allocation in a portfolio, at FinovateEurope 2015.

itBitFinovateSpring 2015 – New York-based itBit demonstrated its bitcoin trading platform at FinovateSpring in 2015. The company’s technology enables both institutional and retail investors to buy and sell bitcoin. Rebranded as Paxos in the fall of 2016, the company has since highlighted its work in private blockchains and distributed ledger technology.

Blockstack.ioFinovateFall 2015 – Best of Show winning Blockstack.io offers a hosted and licensed enterprise blockchain platform that enables financial services companies and others to build applications on their own private blockchain. The San Francisco, California-based company, founded in 2015, was acquired by Digital Asset Holdings for an undisclosed sum before the end of the year.

ArcBitFinovateFall 2015 – With a pledge to leverage bitcoin and blockchain technology to bring banking to the underbanked, ArcBit, which made its Finovate debut at FinovateFall in 2015, offers a mobile wallet specifically designed to give bitcoin owners full control over their cryptoholdings.

CoinalyticsFinDEVr San Francisco 2015 – Our developers conference, FinDEVr is one way that many bitcoin and crytocurrency innovators were able to bring their innovations to the public. Coinanalytics, which offers an end-to-end intelligence platform for the bitcoin industry, is an example of the kind of company developing solutions to make bitcoin a better opportunity for payments, financial services, and IoT.

BlockCypherFinDEVr Silicon Valley 2015 – Another alum of our developer’s conference, BlockCypher offers companies a cloud-optimized, enterprise-grade blockchain platform that enables them to build reliable blockchain apps. Headquartered in Redwood City, California, the company was founded in 2014.

GemFinDEVr Silicon Valley 2015 – Founded in 2014 and based in Venice, California, Gem demonstrated its API which provides a comprehensive security solution for bitcoin apps – without taking control over funds. With a few lines of code, Gem enables developers to provide an interface to their bitcoin apps that gives users better funding options.

LedgerFinovateEurope 2016 – Headquartered in Paris, France and founded in 2015, Ledger designs trusted hardware solutions for bitcoin and blockchain apps. The company’s solutions, including the Nano X and Nano S, provide cryptocurrency owners with a secure, portable way to take and manage their digital assets wherever they are.

StratumnFinDEVr New York 2016 – Enterprise blockchain technology company Stratumn provides firms with the infrastructure and tools they need to to build, deploy, and run blockchain. The company presented the high performance, proof-of-existence engine of its development platform at our developer’s conference in 2016. Jerome Lefebvre took over as CEO of the company from co-founder Richard Caetano in the fall of 2019.

Plutus.itFinovateEurope 2018 – London-based Plutus demonstrated its Tap & Pay and Debit Card solutions that enable consumers to pay with bitcoin or Ethereum at any contactless point of sale. Founded in 2016, the company currently supports more than 26,000 Plutus accounts and credits its users for acquiring more than $100,000 in rewards via its Pluton Rewards program.

Amber LabsFinovate MiddleEast 2019 – Best of Show winner Amber Labs is a bitcoin exchange, wallet, and micro-investment app in one. Headquartered in Brisbane, Queensland, Australia, and founded in 2017, Amber Labs offers a mobile first, automated investment platform for retail customers looking to buy and sell bitcoin.


Photo by Thought Catalog from Pexels

FinDEVr APIntelligence

FinDEVrSV16-LogoV2(wdate)Our FinDEVr New York developer showcase last week was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Register today and save.

On FinDEVr.com

  • Beyond the Bitcoin BlockChain: Coinalytics is Now Skry”

The latest from FinDEVr New York 2016 presenters

  • Capgemini consulting services adds risk and fraud management technology from FICO.
  • Aerospike releases version 3.8 of its database server.
  • Wealth Professional features Betterment in a column on roboadvisors.

Alumni updates

  • Blockchain solution provider Gem launches Gem Health.
  • CNBC Africa interviews Entersekt CEO Schalk Nolte.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • Check out this week’s FinDEVr APIntelligence.
  • “Finovate, FinDEVr Alums Among Winners of 2016 Fintech Innovation Awards”
  • “Marketplace Lending “Power 20” List Honors 8 Alums”

Around the web

  • FamZoo celebrates its tenth birthday of helping parents prepare financially strong children.
  • EyeVerify’s EyeprintID to power HYPR’s Biometric Security Suite.
  • Socure launches v. 2.5 of its ID+ Digital Identity solution.
  • Blockchain solution provider Gem launches Gem Health.
  • EdgeVerve Systems launches its EdgeVerve Blockchain Framework for banks.
  • Sberbank to deploy risk management technology from Wolters Kluwer.
  • FD teams up with Thomson Reuters to power its DaaS platform, Velocity Analytics.

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.

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on 29/30 March 2016. Super Early Bird tickets are on sale through this Friday, 15 January, so register today and save.

The latest news from FinDEVr San Francisco 2015 presenters

  • Network International plans UAE deployment of cashless, cardless payment technology developed by Quisk.
  • Gem raises $7 million in Series A.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Gem Raises $7 Million in Series A

Gem Raises $7 Million in Series A

Gem_homepage_FinDEVr2015

In a round led by Pelion Venture Partners, blockchain technology specialist and FinDEVr alum Gem raised $7.1 million in funding. Also participating in the Series A were:

  • Amplify.LA
  • Blockchain Capital
  • Danmar Capital
  • Digital Currency Group
  • Drummond Road Capital
  • KEC Ventures
  • RRE Ventures
  • Tamarisk Global
  • Tekton Ventures

Angel investor James Joaquin also participated in the financing, which takes Gem’s total capital to $12 million, according to Crunchbase. Ben Dahl of Pelion Venture Partners and Bitium CEO Scott Kriz will join Gem’s board of directors.

Gem_stage_FinDEVr2015

Gem CEO and founder Micah Winkelspecht spoke on “Redefining Banking from the Ground Up” at FinDEVr 2015 in San Francisco.

In a statement at the Gem blog, the company highlighted its vision for distributed ledger technology as part of a “‘blockchain economy’ that forms the underlying architecture of our daily lives: from capital markets to patient care, supply chains to logistics, property rights to digital rights management.”

Gem makes it easier for companies to use blockchain technology by turning complex processes into modular, bitcoin APIs and then leveraging its platform to scale and automatically deploy. Gem recently developed a multi-signature bitcoin API for developers, and is currently building a “modular platform for blockchain applications” that has broad-use cases for many different industries.

Founded in 2014 and headquartered in Venice, California, Gem debuted at FinDEVr 2015.

Finovate Alumni News

On Finovate.com

  • Moven Launches Offers with Four Merchant Partners”
  • Gem Raises $7 Million in Series A”

Around the web

  • Blackhawk Network acquires GiftCards.com and OmniCard for $120 million.
  • EyeLock partners with Diebold to develop new ATM experience using mobile app, QR codes, and iris scanning.
  • Trustly partners with GoldMoney’s BitGold to connect with financial institutions for direct deposits and redemptions.
  • LiveRamp interviews Cardlytics CMO Dani Cushion.

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.

FinDEVr Live: Gem Leverages the Blockchain to Redefine Banking from the Ground Up

FinDEVr Live: Gem Leverages the Blockchain to Redefine Banking from the Ground Up

Gem_homepage_FinDEVr2015

gem.co | blog.gem.co | @gemhq

Gem_FinDEVr2015_logoGem makes bitcoin easy by allowing developers to build feature-rich blockchain applications in minutes using less than ten lines of code. By leveraging industry-leading security features such as multisignature wallets, multifactor authentication, and hardware security modules, the Gem API provides an easy-to-use, comprehensive security solution for bitcoin apps, without ever taking possession of funds. Gem’s mission is to empower individuals to have control over their own assets, starting with bitcoin. Founded in 2014, Gem launched at TechCrunch Disrupt’s Startup Battlefield and is located in Venice, Calif.

Redefining banking from the ground up
Bitcoin and its underlying technology, the blockchain, triggered a fundamental shift in the way we think about money. The blockchain is redefining age-old practices around payments, custodianship, stock- and asset-issuance, auditing and settlement. And for the first time, it has created an open financial platform that invites any developer from around the world to participate and innovate, without permission. Learn how you can use blockchain technology and the Gem API to build a whole new generation of financial products both inside and outside of the traditional banking system.

Key takeaways:

  • How programmable money and smart contracts can redefine ownership and custody
  • How to secure digital assets from hackers and would-be thieves
  • How practical tools can quickly get you building with the blockchain

IMG_0997
Presenter: Micah Winkelspecht, CEO, Founder
@winkelspecht | micah@gem.co

Winkelspecht is CEO of Gem, a secure platform for blockchain developers. He is an active bitcoin thought-leader and author of MoneyTree, the first Ruby implementation of a bitcoin HD wallet. Previously, Winkelspecht spent 10+ years developing software for AT&T Interactive, Guide Financial, and Pose.