Holvi

Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arxan Technologies, Bento for Business, CashSentinel, Dashlane, FreeAgent, Holvi, Kreditech, Malauzai Software, Patch of Land, PayPal, ProfitStars, Prosper

On Finovate.com

  • FreeAgent Scores $5 Million Line of Credit
  • Patch of Land Earns $23 Million Investment Led by SF Capital Group
  • Finovate Debuts: CashSentinel’s Mobile Escrow Service

Around the web

  • Nine Lives Media ranks ProfitStars’ Gladiator Technology in 6th annual MSPmentor 501 Global Edition.
  • Kreditech brings on Oliver Prill as COO.
  • PYMNTS: Prosper closes out financing round that pushes its valuation to $1.9 billion.
  • PYMNTS interviews Bento CEO and founder Farhan Ahmad. See Bento demo live at FinovateSpring in San Jose.
  • PayPal Makes Acquisition of CyActive Official.
  • TechCrunch: Dashlane’s “Inbox Scan” Tool Uncovers The Passwords You’ve Saved In Your Email.
  • Arxan expands application protection to support all major internet of things (IoT) platforms.
  • Holvi partners with identity-intelligence specialist GBGroup to ensure all customers are verified.
  • Malauzai Software announces 5 community banks to launch SmartwearApps for the Apple Watch.

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.

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Finovate Alumni News

By David Penn Posted on
Categories: Advanced Merchant Payments, Arxan Technologies, Azimo, Bionym, EyeVerify, Holvi, IntelliResponse, Jack Henry, Kashoo, Klarna, Quantopian, SAGE SA, Silanis Technology, Sonavation, Taulia, TIO Networks, TransferWise, Uncategorized

On Finovate.com

  • “CardFlight Unveils EMV-Ready Chip Readers for SwipeSimple”

Around the web

  • Sonavation launches its IDKEY biometric security key that uses 3D Surface Scan Ultrasound technology.
  • CMSWire interviews Michael Laurie, co-founder and VO of product strategy at Silanis Technology.
  • iExpats takes a look at Azimo in a column on the costs of foreign currency transfers.
  • Arxan Technologies Security Solutions architect Matt Clemens talks mobile app security on Federal News Radio.
  • PaymentsSource’s look at “strange mobile security methods” features EyeVerify and Bionym.
  • IntelliResponse wins bronze at 9th annual Stevie Awards for Sales & Customer Service.
  • Jack Henry & Associates to be honored at Cedar Falls Business & Industry Association event.
  • Now Digital Network reviews Kashoo in column on ways to streamline small business accounting.
  • Computing U.K. features TransferWise and its use of big data to drive its social media marketing.
  • The CoinFront reports on Klarna’s “experiments” with bitcoin.
  • AMP Credit Technologies wins “Highly Commended Award for Best Initiative in Financial Inclusion” at the 6th Retail Banker International Asia Trailblazer Awards in Singapore.
  • TIO Networks now has 1+ million registered members in its direct-to-consumer user base.
  •  Taulia names Cedric Bru as new CEO.

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.

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Finovate Alums Populate the FinTech50

By David Penn Posted on
Categories: Algomi, BehavioSec, Blockchain, Currency Cloud, Darwinex, eToro, ETRONIKA, Fidor Bank, Five Degrees, Holvi, InvoiceSharing, Ixaris, Klarna, Kreditech, Mambu, mBank & Efigence, Nutmeg, Tink, TransferWise, Trunomi, Trustly, Zooz

Looking for the most innovative startups in fintech? The FinTech50 is a great place to start.

FinTech50_homepage.jpg
It also turns out to be a great place to find Finovate alums. Of the 50 companies recognized by FinTechCity’s panels of judges as being “game-changers transforming the future of finance,” nearly half are alumni of Finovate conferences – including our upcoming event in London.
Here is the list of alums in alphabetical order:
According to Chris Skinner, who was one of the panelists, more than 700 companies competed for spots in the FinTech50. The selection panel included veterans of finance and technology from companies ranging from American Express and Google to Silicon Valley Bank and UBS. The FinTech50 winners were announced at an invitation-only event in London.
Speaking of London, Five Degrees, InvoiceSharing, Ixaris, mBank, and Trunomi will be in town next month, demonstrating their latest solutions at FinovateEurope 2015, February 10 and 11. More information on the event available here.

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Alumni News– December 19, 2014

By David Penn Posted on
Categories: ayondo, Betterment, BrightScope, CardFlight, CREALOGIX, Financial Guard, FutureAdvisor, Holvi, IntelliResponse, Jemstep, Klarna, Loop, Meniga, Open Bank Project, peerTransfer, Personal Capital, SigFig, TradeKing, TransferWise, True Potential, Wallaby Financial, Wealthfront, Xero
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMoney Facts looks at how TransferWise helps consumers save on money transfer fees.
  • Huffington Post features Matthew Goldman of Wallaby Financial in a conversation on credit card strategies for travelers.
  • PYMNTS.com interviews LoopPay Chief Technologist George Wallner.
  • A comparison between Stockholm and Silicon Valley in The Independent highlights Klarna.
  • Virtual Agent Chat checks in on post-acquisition IntelliResponse.
  • Cardflight’s SwipeSimple joins MasterCard mPOS providers.
  • News.com.au reports: How Xero went from a scribbled figure on a serviette to a $2 billion company.
  • Crealogix and Meniga create Digital Bank and PFM Solution for BNP’s Consors Bank.
  • peerTransfer named 2014 Winner of BostInno’s 50 on Fire Award.
  • Forbes lists Holvi as 1 of 5 Finnish startups to watch.
  • Programmable Web considers how Open Bank Project’s API brings more openness to banking internationally.
  • Ayondo launches ad campaign on 2 major German TV networks.
  • Business Insider features Betterment, Financial Guard, FutureAdvisor, Jemstep, Personal Capital, SigFig, TradeKing, and Wealthfront in a look at the growth of robo-advisors.
  • BrightScope releases its Top 30 401(k) Plans List.
  • Management Today profiles David Harrison, managing partner at True Potential.
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.

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Alumni News– October 14, 2014

By David Penn Posted on
Categories: Arxan Technologies, Backbase, Coinbase, Deluxe, edo Interactive, Fiserv, Forte Payment Systems, Holvi, Malauzai Software, MasterCard, Prosper, Taulia, Xignite
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinovate Debuts: Malauzai Software.
  • Cross County Savings Bank to deploy DNA account processing platform from Fiserv.
  • Apps from MasterCard and Deluxe earn spots in PaymentsSource’s “8 Wallet Apps That Go Beyond Payments.”
  • Arxan and Xamarin extend Mobile Application Protection to developers.
  • Coinbase hires former Sr. adviser to Homeland Security & Gov’tl Affairs Committee, John Collins, to head gov’t affairs.
  • Equities.com interviews Prosper.com’s Ron Suber regarding CFGE, Peer-to-Peer Lending and Working with Big Banks.
  • RBS partners with Taulia to offer dynamic discounting with e-Invoicing to corporate customers.
  • Backbase named a visionary in the Gartner’s Magic Quadrant for Horizontal Portals 2014.
  • Holvi accounts now use International Bank Account Numbers (IBANs).
  • Forte Payment Systems announces new partnership with The Master’s Touch, LLC to power eNoticesOnline bill presentment service.
  • Visa Europe partners with edo to make its performance marketing platform available to 500 million European bankcards.
  • Xignite teams up with FactSet to provide fundamental market data from the cloud.
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.

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Alumni News– October 9, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arxan Technologies, BioCatch, CurrencyFair, Holvi, InComm, Xero, Zopa
  • Finovate-F-Logo.jpgArxan Technologies partners with Xamarin to provide developers with enhanced application security solution.
  • InComm partners with PayPoint to launch Digital Gaming Vouchers.
  • Former Commonwealth Bank CMO Andy Lark appointed as Xero’s new CMO.
  • Technologie.ie interviews Brian Monaghan, head of online at CurrencyFair on the growth of hacking.
  • Avaus lists Holvi among the 30 smartest companies in Finland.
  • Fairer Finance gives top marks to Zopa in its latest personal loan roundup.
  • Fast Company profiles how BioCatch makes online art out of visualizations of hacking attacks.
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.

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Alumni News– August 26, 2014

By David Penn Posted on
Categories: ACI Worldwide, Azimo, Banno, BizEquity, FIS, Holvi, Jack Henry, MasterCard, Mortgagebot, SecureKey
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgACI Worldwide ranks #36 in Apps Run the Cloud’s Top 500 application vendors.
  • Startups.co.uk interviews Michael Kent, CEO and founder of Azimo.
  • TechCrunch profiles Finland-based startup, Holvi.
  • American Banker looks at how banks can use BizEquity’s app that enables small businesses to estimate the value of their company.
  • Wade Arnold, founder of Banno which was sold to Jack Henry & Associates, is 1 of 5 finalists honored in annual Silicon Prairie Awards.
  • SecureKey and Trustonic partner to enable SecureKey’s briidge.net Connect services to work with Trustonic in select mobile devices. Check out SecureKey at FinDEVr this fall.
  • Bank Mutual selects D+H’s Mortgagebot solution for end-to-end mortgage lending.
  • India’s Bank of Maharashtra deploys FIS payment platform.
  • The new Citi Wallet supports digital payments via MasterPass from MasterCard. See the company present at FinDEVr in San Francisco this fall.
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.

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Alumni News– August 13, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, Coinbase, Diebiold, FutureAdvisor, Holvi, Leaf, Lending Club, LendUp, Pandai, peerTransfer, planwise, ReadyForZero, Silanis Technology, SmartAsset, TrueLink Financial, TrustEgg, WePay, Xero, ZenPayroll
  • Finovate-F-Logo.jpgNetbanker features 2012- 2013 fintech graduates from Y Combinator:  TrueLink Financial, Coinbase, and LendUp.
  • Netbanker features 2009- 2012 fintech graduates from Y Combinator: ZenPayroll, SmartAsset, TrustEgg, FutureAdvisor, ReadyForZero, and WePay.
  • American Banker considers how Diebold is leading the way on the branch of the future.
  • peerTransfer surpasses 500 clients, while processing over $1 billion in international payments.
  • Heartland Payment Systems buys out remaining shareholders of tablet software and hardware startup, Leaf.
  • ACI Worldwide announces completion of ReD acquisition.
  • Lending Club mentioned in HBR Blog’s look at how new lending technology can help small businesses.
  • Silanis Technology partners with loan management software specialist Calyx Software. See Silanis at FinovateFall 2014 in September.
  • planwise teams up with Informa Research Services to launch plug-and-play search tool of real estate agents and brokerages.
  • NextAdvisor column in HuffPo highlights LendUp as alternative loan option for the underbanked.
  • Pandai announces joint cooperation with China and Hollard to leverage their experience in the loan insurance market.
  • Xero and Square partner to sync Square transactions and give a business a view of their finances. See Xero present at FinDEVr. 
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.

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Alumni News– July 25, 2014

By David Penn Posted on
Categories: Actiance, BillGuard, Cartera Commerce, Coinbase, DemystData, eToro, FutureAdvisor, Holvi, Jemstep, Kabbage, LendingTree, Malauzai Software, MoneyDesktop, Monitise, Personal Capital, SecondMarket, Wealthfront, Zooz
  • Finovate-F-Logo.jpgFox Business News features Kabbage’s small business lending process.
  • Huffington Post describes how DemystData’s big data analytics help evaluate creditworthiness.
  • Cartera Commerce’s CFO Karen Cambray named a finalist in Boston Business Journal’s 2014 CFO of the Year Awards.
  • Bloomberg: BillGuard programmers code in bomb shelters.
  • Coinbase launches Coinbase Vault to Better Secure Your Bitcoins.
  • MoneyDesktop appoints Brandon Dewitt as its first ever CTO.
  • SecondMarket CEO Barry Silbert stepping down in order to refocus his attention solely on bitcoin.
  • InvestmentNews features roboadvisors Jemstep, FutureAdvisor, Wealthfront, and Personal Capital.
  • The Irish Times looks at Holvi’s move into Ireland.
  • CMS Wire: Actiance wants to help companies curb social media mistakes.
  • Karen Webster of Market Platform Dynamics interviews Zooz CEO Oren Levy.
  • eToro announces new version of OpenBook for iOS.
  • Mobile Entertainment talks with Adam Levene, SVP of Strategy at Monitise Create.
  • LendingTree launches personalization platform.
  • Pymnts takes a look at the partnership between Malauzai Software and Trusteer. See Malauzai at FinovateFall in September.
  • Fortune.com interviews Bill Siegel, interim CEO of SecondMarket.
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.

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Alumni News– July 10, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Betterment, Braintree, Cachet Financial Solutions, DoubleBeam, Doxo, Finect, Fiserv, Holvi, Loop, Oink, Personal Capital, Ripple, Segmint, Wealthfront
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgOptimal Payments announces partnership with Oink.
  • Braintree releases v.zero SDK, featuring support for Pay with PayPal.
  • Bank Innovation highlights leaders at Ripple, LoopPay, Finect, and Fiserv in its list of 30 key innovators in fintech.
  • Segmint named a Preferred Vendor of MAGNET Global Network.
  • Holvi preps to launch into Irish marketplace.
  • doxo named one of Washington State’s 100 Best Companies to Work For 2014 by Seattle Business magazine.
  • Think Advisor features the different approaches of 3 robo-advisors: Betterment, Personal Capital, and Wealthfront.
  • Cachet Financial Solutions prices Initial Public Offering.
  • DoubleBeam’s GoPago POS system is enabling Slyde, a mobile commerce beacon-enabled shopping app.
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.

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Finovate Alums Raise More than $600 Million for Second Quarter in a Row

By Julie Muhn (@julieschicktanz) Posted on
Categories: App Annie, Betterment, BodeTree, Dashlane, DemystData, Fastacash, FutureAdvisor, Gremln, Holvi, Kabbage, Kony Solutions, Kreditech, LearnVest, Lending Club, Motif Investing, Nutmeg, Ondot, RevolutionCredit, SeedInvest, ShopKeep POS, Signifyd, Swipely, The Currency Cloud, TransferWise, Tuition.io, Wealthfront

Thumbnail image for FinovateFundingIMG.jpg

In the first quarter of 2014, 23 Finovate alums raised more than $592 million

And as the second quarter draws to a close, it’s clear that a comparable cohort of alums have kept the pace.

Over the course April, May, and June, 28 alums raised significant amounts of capital ranging from Gremln’s $100,000 to the $65 million raised by Lending Club. The quarterly total of $594 million is almost exactly the same as the previous quarter.

And given that some amounts are undisclosed (I’m talking about you, Holvi, RevolutionCredit, and Tuition.io), we’re confident that Finovate alums have notched their second $600 million fund-raising quarter in a row.
How does this compare with the less recent past? Very well, indeed. 
In the second quarter of 2013, 15 alums raised more than $200 million. This was a major improvement on the second quarter from 2012, which featured 14 companies raising more than $120 million. 
Total raised for Q2 2014 = $594 million
April — $217 million raised by 11 companies
May —  $226 million raised by 11 companies
June — $151 million raised by six companies
Note: Funding prior to becoming a Finovate alum not included. Questions? Comments? Email us at David@Finovate.com or Julie@Finovate.com

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Holvi Announces New Million Euro Investment

Holvi Announces New Million Euro Investment
By Julie Muhn (@julieschicktanz) Posted on
Categories: Holvi

Thumbnail image for HolviLogo.jpg

Would you like a side order of regulatory relief along with your next “million-scale capital investment”?

A combination of a “million euro investment” from European angel fund SpeedInvest, and a regulatory decision that will permit EU-wide operations is great news for Finnish online banking service innovator, Holvi.

SpeedInvest, an investment firm out of Austria, led the new investment in Holvi. The million euros ($1.36 million USD) doubles the company’s total funding, and Holvi anticipates using the additional capital to help expand beyond its native Finland, where its online banking services have fared well in testing.

And it is likely no coincidence that the initial target market for Holvi outside of Finland is Austria, home of SpeedInvest.
Holvi_homepage_new
Calling itself the “long tail of retail banking,” Holvi is a micro-enterprise online banking specialist with services geared toward freelancers and small business entrepreneurs. The company’s technology does actual book-keeping rather than just simple PFM (personal finance management), and provides an easy way for independent and micro-entrepreneurs to sell their products and services, invoice clients, and track finances.
The company earns its revenues through a small transaction fee of 0.90 euros for incoming and outgoing payments. There is a 3% surcharge for credit card payments, but no cost to opening a Holvi account and no monthly fee. 
Holvi has appeared on the Finovate stage twice, at FinovateEurope 2012 and FinovateEurope 2013. The company was founded in 2011, and is headquartered in Helsinki, Finland.

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