Finovate Alumni News– October 4, 2012

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  • UPS Store launches small biz solutions portal, Kabbage to join group of service providers.
  • Cognizant and Monitise form mobile money alliance to help global FIs capitalize on mobile money opportunity.
  • Credit Union National Association reports: 150+ CUs sign up for Mitek mobile deposit.
  • PYMNTS reports Doxo puts new spin on QR codes, mobile payments.
  • PC Magazine profiles BellaDati. Come to FinovateAsia to see its live demo.
  • IDTheft 911 covers more than 17.5 million households (more than 45 million individuals) and more than 600,000 businesses in U.S. and Canada.
  • Fast Company examines how Dwolla works.
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.

Kabbage Lands $30 Million in Series C Financing, Adds Former PayPal President to Board

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Over the past two weeks, Kabbage, a provider of capital to online small businesses, made two big announcements.

First, it raised $30 million in Series C financing. This installment brings Kabbage’s total financing to $56 million. Investors include:

    • Thomvest Ventures
    • UPS Strategic Enterprise Fund
    • Mohr Davidow Ventures
    • BlueRun Ventures
    • Warren Stephens
    • David Bonderman

According to Forbes, Kabbage plans to use the $30 million to expand the business by funding offline businesses as well.

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Kabbage also announced that Scott Thompson, former President of PayPal, will join its board of directors. The Atlanta-based startup’s board currently includes:

    • Rob Frohwein (Kabbage CEO)
    • Marc Gorlin (Kabbage Chairman and Co-Founder)
    • Bryan Stolle (General Partner Mohr Davidow Ventures)
    • Jonathan Ebinger (Partner Blue Run Ventures)
    • Bruce Miller (Managing Director Stephens)
    • Don Butler (Managing Director of Thomvest Ventures)

To learn more about Kabbage, watch its FinovateSpring 2012 demo.

Finovate Alumni News– October 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banking Journal reflects on FinovateFall.
  • USA Today launches portfolio tracker powered by SigFig.
  • Tagit appoints new CEO, gears up for rapid expansion.
  • American Banker looks at Dwolla’s ACH alternative.
  • Moment NYC blog considers tech from FinovateFall.
  • GigaOM reports Outright teams up with PayPal and Expensify.
  • Inc. Magazine features financing from Lighter Capital as a way to expand small business.
  • Huffington Post reports Kabbage faces competition from Amazon’s new lending service.
  • InComm partners with Ifeelgoods to offer electronic gift cards.
  • WSJ names ThreatMetrix to “Next Big Thing” list. Ranks among top 50 startups in US.
  • Singapore-based PlayMoolah announces partnership with OCBC Bank.
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– September 27, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZipZap to power global cash payments for omba.
  • Forbes mentions Credit Sesame, Tuition.io, PayTap, Digital Mailer as 4 tools to help you manage your money.
  • Capital Access Network closes $295 mil credit that to serve the small business community.
  • PYMNTS chats with Kabbage’s co-founder & chief operating officer, Kathryn Petralia.
  • GambleID taps Locaid for geolocation services.
  • PC World features Yodlee, ShopKeep POS, Bolstr, PaySimple, CommunityLend, & Billhighway.
  • CU Times reports Mortgagebot Launches First Credit Union on Integrated Platform.
  • SafetyPay, in conjunction with the Bank of Montreal, the RBC, TD Bank & Scotia Bank, offers online payment service via Canadian Interac network.
  • Fiserv selected as Affinity Provider in FPA Practitioner Resource Guide.
  • Currensee delivers PAMM Replacement Solution for CTAs and Money Managers.
  • Netbanker: BillGuard is first financial service to Integrate with the New iPhone Passbook Wallet.
  • Compass Plus partners with WorldWide Financial Services.
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– September 25, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNew Dutch bank uses Figlo Platform to offer online financial overview.
  • InComm & ValuAccess partner to expand prepaid market in Hong Kong.
  • Las Vegas Review-Journal reports Kabbage helps e-tailer keep the orders moving.
  • FreeMonee wins Bronze Stevie Award in 2012 American Business Awards.
  • ChecknGo FinLab Blog interviews Casper Wong of CommunityLend.
  • Capital Access Network announces increased availability of small business loans through subsidiary, NewLogic Business Loans.
  • Bill.com named 2012 Product of the Year by the Business Intelligence Group.
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– August 17, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBen Milne, Dwolla CEO, speaks about payments during TedXDesMoines talk.
  • Los Angeles Times looks at how Kabbage, On Deck Capital, and Capital Access Network work in the microlending space.
  • Bloomberg Businessweek interviews Robert Frohwein, CEO of Kabbage.
  • On Deck celebrates 5th birthday, ranked number 302 on Inc. 500 list.
  • Bank Innovation’s impression of 6 Finovate demo-ers that promise new products.
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– August 16, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgPayPal, Kabbage top PYMNTS.com’s Slate of Innovator Award Winners.
  • Aria Assistance chooses Affinity Solutions to provide legal services.
  • Toy News reports Kids’ online payment tool Virtual Piggy grows. Come to FinovateFall to check out Virtual Piggy.
  • Taulia featured on SAP’s In the Cloud with Game-Changers to discuss how startups are “changing the game”.
  • Gamify For The Win features PlayMoolah. Come see PlayMoolah’s live demo at FinovateFall.
  • Forbes explains how Candace Klein, SoMoLend CEO, succeeds at 5 minute pitches.
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– August 13, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAcculynk and American Airlines to offer new, convenient payment option.
  • How to Write a Business Plan interviews ReadyForZero CEO & Co-founder, Rod Ebrahimi.
  • BankTalk explains why Kabbage is a great idea.
  • Seeking Alpha reports— Mitek: The Mobile Revolution Is Changing How We Live.
  • Works interviews Lisa Halpern, Founder & CEO of Kiboo.com.
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– August 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgInc. Mag features ReadyForZero & Tuition.io as tackling the student debt crisis. Check out Tuition.io at FinovateFall.
  •  Orlando Sentinel reports Kony Solutions is on cutting edge of app development.
  • The Chicago Tribune reports Braintree to add 150 jobs.
  • Check out Q2 funding for Finovate alumni: over $120 mil raised.
  • ReadyForZero begins Smart Money Debate series.
  • Netbanker reports: Bank Simple Innovations #1 & #2: Demo Mode After Login.
  • MiiCard names RBS tech veteran Stephen Brannan chairman.
  • BostInno features LearnVest. Come see LearnVest’s new fintech at FinovateFall in NYC next month.
  • Beloit Daily News looks at how 2 local businesses are using ShopKeep POS.
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 24, 2012

  • Silver Tail Systems announces the availability of Forensics 3.0 software.
  • International utility, National Grid, selects Striata for email billing and transactional services.
  • Social Trading Guru describes Currensee’s new leverage option.
  • Kabbage rolls out new tagline and logo design.
  • InComm forms partnership with Plastic Jungle and Zeevex.
  • Check out the latest CEO interview with Figlo’s Albert van den Broek.
  • Blackhawk Network to implement Prepaid Resources’ BenefitsDirect 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– July 13, 2012

  • Huffington Post features ImpulseSave. Come see their live demo at FinovateFall September 12 and 13.
  • SmartStops BrokerLink Service available to TradeKing Clients.
  • The Currency Cloud closes $3.1 million in funding. Come see its live demo at FinovateFall in New York.
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 11, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKabbage to provide Monsoon Commerce customers $20 million in capital.
  • T8 Webware changes name to Banno.
  • Paul Farmer joins Silver Tail Systems as CFO.
  • BofA to provide Acculynk’s PaySecure to enable PIN debit payments online.
  • peerTransfer now supports Indian Rupee and 36 new partner schools.
  • Angry Birds creator selects Braintree’s payments platform.
  • Continuity Control reels in $2.25 million in funding.
  • CashStar receives $5 million in funding.
  • Farm Credit Services of Mid-America selects ProfitStars for ALM reporting.
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.