Kony Solutions

Finovate Alumni News– April 25, 2013

By David Penn Posted on
Categories: BillFloat, CommunityLend, Cortera, eyeOpen, ID Analytics, Jack Henry, Kabbage, Kofax, Kony Solutions, Outright.com, TSYS, Zooz
  • Bank Independent picks Jack Henry Banking’s SilverLake technology for enterprise-wide automation.
  • TSYS Merchant Solutions launches Pay in Your Currency multi-currency solution.
  • CommunityLend earns spot on Branham300’s Top 25 Up and Coming companies roster.
  • ID Analytics introduces new version of Credit Optics Credit Score for more insight into consumer behavior.
  • Kofax ranked a “Leader” by Forrester Research in The Forrester Wave report.
  • AGBeat features Kabbage. Check them out at FinovateSpring.
  • Kony Solutions announces record year in FY2013, growing 90% YOY. Hires Abhay Parasnis as President and COO.
  • Mobile World Live takes a look at Zooz’s recent funding round. Meet Zooz in San Francisco as they demo their technology as part of FinovateSpring.
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– April 17, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, Actiance, Braintree, BrightScope, Dwolla, EyeVerify, Kony Solutions, Locaid, TipRanks, Tradeshift, Xero
  • Webmasterchecks drops PayPal and makes Dwolla its exclusive payment service provider.
  • Mobile World Live considers Braintree’s offline strategy. Come to FinovateSpring to check out its live demo.
  • Kony Solutions talks to banks about selling shares in a public offering as early as this year.
  • Xero releases updates that facilitate payroll reporting.
  • Chicago Tribune takes a look at TipRanks. Join TipRanks in San Francisco in May for FinovateSpring.
  • Alliance Data Retail Services reports on its geofence pilot program with Locaid.
  • EyeVerify wins third eyeprint patent for its mobile security technology. See them demo at FinovateSpring.
  • ACI Worldwide announces latest version of ACI Issuer, a cost-savings solution for card-issuing and account management.
  • Actiance partners with Symantec to provide integrated compliance, eDiscovery and archiving for social business.
  • BrightScope brings Nerd’s Eye View publisher Michael Kitces to its advisory board.
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– April 16, 2013

By David Penn Posted on
Categories: Authentify, Boku, Expensify, Experian, Fidor Bank, Jack Henry, Kony Solutions, MiiCard, Mint.com, SeedInvest

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  • Upstart Business Journal features SeedInvest. See them demo at FinovateSpring in San Francisco in May.
  • Experian announces acquisition of Decisioning Solutions.
  • Volunteer Federal Savings Bank and Peoples Bank of the South choose Jack Henry Banking for  enterprise-wide automation.
  • GFT Blog interviews Matthias Kroner, chairman of the Fidor management board for Fidor Bank.
  • Authentify placed in Visionaries quadrant of the Gartner’s “Magic Quadrant for User Authentication.” 
  • Boku partners with Bigpoint SARL and Co to allow users to make virtual payments.
  • Kony Solutions partners with Blue Shield of CA to develop and deploy apps on the KonyOne Platform.
  • miiCard adds YubiKey Authentication to online identity proofing solution.
  • SF Gate lists Mint and Expensify as 2 of 4 services to keep tax records organized.
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– February 25, 2013

By David Penn Posted on
Categories: Azimo, Banno, BillGuard, Continuity Control, Kantox, Kony Solutions, MasterCard, SafetyPay, Service2Media, TrustedID, TSYS, Xero
  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMasterCard announces MasterPass, enabling one-touch transactions with payment cards and devices.
  • Service2Media launches new version of App Lifecycle Platform, M2Active 4.0.
  • TSYS extends payment processing contract with Green Dot.
  • lovemoney.com features Azimo’s money transfer service.
  • Continuity Control releases regulatory compliance management system for small- to mid-size credit unions.
  • Kantox adds spot transactions to FX to offer a full range of FX services to corporate clients.
  • Kony opens EMEA office, enhances mobile CRM product.
  • Market Consensus reviews BillGuard.
  • New Zealand-based bank, ASB, supports automagic bank feeds into Xero.
  • Next Advisor compares TrustedID with competitor.
  • Des Moines Register reports: Open atmosphere, passion for product help Cedar Falls’ Banno grow.
  • SafetyPay to power Computop’s Paygate payment 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.

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2012 Funding for Finovate Alumni– More than $450 Million Raised

By David Penn Posted on
Categories: ActivePath, Affinity Solutions, Arroweye Solutions, Banno, Bazaarvoice, Betterment, Boku, Braintree, Capital Access Network, Cartera Commerce, CashStar, Continuity Control, Controlabill, Credit Sesame, Currensee, DemystData, DoughMain, Dwolla, edo Interactive, eToro, Finsphere, FreeMonee, FutureAdvisor, Fuze Network, HelloWallet, Jemstep, Jingit, Kabbage, Kony Solutions, Lending Club, MiiCard, Nutmeg, Pindrop Security, planwise, SaveUp, SecureKey, ShopKeep POS, SoMoLend, The Currency Cloud, ThreatMetrix, Waspit, Xero, Yodlee, Zopa

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHere is a list of all the funding Finovate alumni received over the course of 2012.  

After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.
A few stand-out metrics for the year:
  • A total of 44 companies received funding, some more than once in 2012
  • Combined, more than $450 million was raised
  • The best quarter for raising capital was the first quarter when more than $150 was raised
  • The biggest funding month this year was March, with more than $68 million raised by three companies
Here is a month-by-month breakdown of funding received.
January — $25 million raised by 3 companies
Currensee: $2 million — blog post
Finsphere: $11.3 million — blog post
HelloWallet: $12 million — blog post
February — $57 million raised by 5 companies
Capital Access Network: $30 million — blog post
Dwolla: $5 million — blog post
Jemstep: $6 million — blog post
Kabbage: undisclosed — blog post
Xero: $16.6 million — blog post
March — $68 million raised by 3 companies
Boku: $35 million — blog post
eToro: $15 million — blog post
ThreatMetrix: $18 million — blog post
April — $2.5 million raised by 1 company
miiCard: $2.5 million — blog post
May — $55.5 million raised by 5 companies
Kony: $15 million – blog post
Pindrop Security: $1 million — blog post
SecureKey: $30 million — blog post
SoMoLend: $1.17 million — blog post
Yodlee: $8.3 million — blog post
June — More than $62 million raised by 8 companies
Affinity Solutions: $14.5 million — blog post
Arroweye Solutions: $3 million — blog post
Cartera Commerce: $12.2 million — blog post
Credit Sesame: $12 million — blog post
Doughmain: undisclosed — blog post
Lending Club: $15 million — blog post
Nutmeg: $5.3 million — blog post
Planwise: $200,000 — blog post
July — $6 million raised by 2 companies
Continuity Control: $1 million — press release
SaveUp: $5 million — blog post
August — More than $49 million raised by 6 companies*
DemystData: undisclosed — blog post
FutureAdvisor: $5 million — blog post
FreeMonee: $34 million — blog post
The Currency Cloud: $3.1 million — blog post
CashStar: $5 million — blog post
Continuity Control: $2.25 million — blog post
September — More than $59 million raised by 5 companies
Banno: $2 million — press release
Betterment: $10 million — press release
Edo Interactive: $15 million — press release
Fuze Network: $2.5 million — press release
Kabbage: $30 million — blog post
October — $37 million raised by 2 companies
The Currency Cloud: $1.9 million — blog post
Braintree: $35 million — blog post
November — More than $23 raised by 4 com
panies
ActivePath: $10 million — blog post
Jingit: $7 million — blog post
Bazaarvoice: $6.7 million — blog post
Xero: $49 million — blog post
December — More than $16 million raised by 4 companies
Waspit: $3 million — blog post
Controlabill: $570,000 (A$600,000) — blog post
Zopa: undisclosed — blog post
ShopKeep POS: $10 million – blog post
Clover Networks: $3.3 million – blog post
*In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.
Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.

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Finovate Alumni News– November 15, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Andera, BillGuard, Braintree, FutureAdvisor, HelloWallet, Kony Solutions, MiiCard, PayPal, Ping Identity, Plastyc, Simple, TIO Networks, Tradeshift, Virtual Piggy
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHelloWallet launches new design for web app.
  • TIO Networks signs 5 yr agreement with City Utilities of Springfield to provide financial services.
  • TechCrunch reports Tradeshift Lands Huge Global Client For Its New CloudScan Product.
  • FutureAdvisor wins Bronze in Best in Biz Awards 2012.
  • Finextra reports Artisans’ Bank chooses Andera oFlows for online deposits.
  • American Banker reports CFPB to Collaborate with Startups BillGuard, Plastyc and Simple.
  • Ping Identity ranked Number 166 Fastest Growing Company in North America on Deloitte’s 2012 Technology Fast 500.
  • Braintree expands to Australia, Providing Sophisticated Payment Tools for Australian Merchants.
  • Kony Solutions opens Brazilian office, announces Itau Unibanco as a client.
  • Allfiled today announced the addition of miiCard verified identities to its personal data service 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.

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Finovate Alumni News– November 13, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: BillGuard, Holvi, Jemstep, Kony Solutions, MiiCard, PayPal, PaySimple, peerTransfer, SecureKey
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinextra reports Connect.Me and miiCard team on verified social reputation card.
  • American Banker interviews Yaron Samid, BillGuard CEO, on How BillGuard Plans to Create A National Dispute Database for Banks.
  • Kony becomes the mobile platform of choice for Banco Itau Unibanco, 1 of the World’s top 10 banks.
  • Tech in Asia considers how tech demonstrated at FinovateAsia relates to banks.
  • Former PayPal President Scott Thompson joins PaySimple Board of Directors.
  • Deloitte names SecureKey as one of Canada’s Companies-to-Watch in the 2012 Deloitte Technology Fast 50 Awards.
  • peerTransfer expands international payment services into Australian Markets.
  • Bank Innovation reports: Online Financial Services Provider Holvi Partnering with Crowdfunding Site Mesenaatti.
  • Vator News features Kevin Cimring, CEO of Jemstep.
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– October 25, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: eToro, HelloWallet, InComm, Kony Solutions, LearnVest, Metaforic, Ping Identity, SoMoLend, TIBCO Software

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  • TIBCO Software named to Software Magazine’s 500 Largest Software Companies in the World.
  • SoMoLend and GATE Global Impact make a deal that will facilitate investing in business expansion and job growth.
  • Goodwill to provide HelloWallet subscription to employees as well as community members with disabilities and unemployed.
  • Metaforic announces partnership with Appthority to reduce mobile app risks and enhance security.
  • Microsoft’s new Windows 8-style UI now supported by the KonyOne Platform.
  • MSM Media awards eToro Best Social Media Trading Product for its OpenBook platform.
  • Ping Identity recognized as 1 of 5 high-growth businesses at Denver Startup Week.
  • National Gift Card Corp partners with InComm to offer gaming & music eGift cards 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.

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Kony Solutions Acquires Australia-Based Sky Technologies

By Julie Muhn (@julieschicktanz) Posted on
Categories: Kony Solutions

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Yesterday mobile app development platform provider, Kony Solutions, announced it will make its first acquisition: Sky Technologies, an Australia-based mobility solutions provider.

This acquisition is Kony’s first, and will help it tap into the Australian market, as well as give it access to Sky Technologies’ SAP expertise. It will also expand Kony’s current customer base of around 70 to approximately 170.

Financial terms of the deal were not disclosed.

To learn more about Kony, watch its FinovateSpring 2011 demo.

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Finovate Alumni News– August 1, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Kabbage, Kony Solutions, LearnVest, MiiCard, ReadyForZero, ShopKeep POS, Simple, Tuition.io
  • 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.

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Second Quarter 2012 Funding for Finovate Alumni: Over $120 Million Raised

By Julie Muhn (@julieschicktanz) Posted on
Categories: Affinity Solutions, Arroweye Solutions, Cartera Commerce, Credit Sesame, DoughMain, Kony Solutions, Lending Club, MiiCard, Nutmeg, Pindrop Security, planwise, SecureKey, SoMoLend, Yodlee

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

This quarter’s funding of over $120 million closely matches quarter 2 of last year, when Finovate alumni raised approximately $124 million.

Meanwhile, compared to last quarter’s $150 million, Finovate alums pulled in around $30 million less this quarter.

Here’s the quarter 2 summary for 2012:

April — $2.5 million raised by 1 company

May — $55.5 million raised by 5 companies

June — Over $62 million raised by 8 companies

Note: Funding that companies received before they demonstrated at Finovate was not counted. If you know of any funding that is not on this list and should be, please send the name of the company along with a link to the funding information to julie@netbanker.com and we will add it.

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Finovate Alumni News– July 17, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Actiance, Cartera Commerce, Check Point, CurrencyFair, Dwolla, Kony Solutions, planwise, SafetyPay, Silver Tail Systems, Tuition.io
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgForbes features Tuition.io’s student loan platform. Come see Tuition.io’s live demo at FinovateFall in NYC.
  • Alfa Insurance chooses Kony to power features of its mobile app.
  • Killerstartups features the planwise story and their success at FinovateFall 2011.
  • MSN Money compares CurrencyFair and competitor, Azimo. Come see CurrencyFair’s live demo at FinovateFall.
  • Cartera Commerce named Global 250 Top Private Company for second consecutive year.
  • Actiance integrates Socialite platform and Salesforce.com to help companies track and monetize social media conversations. Come see Actiance at FinovateFall September 12 and 13.
  • SafetyPay, launches mobile version of service available to mobile shoppers internationally.
  • NPR features Silver Tail Systems, discusses how In-Q-Tel gives it the CIA’s seal of approval.
  • Check Point Software Technologies taps the power of virtualization to simplify security for private clouds.
  • Des Moines Register staff blog reports Dwolla CEO, Ben Milne, spreads his mobile payments message at TEDxDesMoines.
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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