Kony Solutions

Finovate Alumni News– January 25, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: BillFloat, Doxo, Kony Solutions, MyCyberTwin, Simple
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKony selected as mobile application platform for Intermountain Healthcare and SelectHealth.
  • PC Mag selects MyCyberTwin as 1 of 25 best small business apps for 2012.
  • Simple CEO, Josh Reich, talks to Business Insider about all the ways Simple has improved on traditional banks.
  • Brian Garrett, a 40-year banking veteran joins BillFloat as senior advisor.
  • Cardlytics chosen to power BankAmeriDeals from Bank of America.
  • Kapitall enables users to trade stocks through its 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– January 6, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Fiserv, Intuit, Kony Solutions, Receivables Exchange

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  • Kony Solutions partners with Independence Blue Cross to power its mobile app.
  • Fiserv announces patent infringement lawsuit.
  • The Receivables Exchange provides over $1 billion in funding to businesses.
  • Intuit works with Visa to launch prepaid card.
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 Partners with Independence Blue Cross to Power its Mobile App

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

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Yesterday Kony Solutions announced it partnered with Independence Blue Cross (IBC), a Pennsylvania-based health insurance company, to power its mobile app strategy:

“IBC chose Kony for its ability to reach more than 9,000 mobile smartphones/tablets/kiosks and operating systems using its cross-platform mobile development platform, allowing IBC to develop robust mobile solutions for members, providers, and business partners regardless of what type of device they use.”

IBC selected Kony because it enabled the reach of a wider customer audience.

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

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2011 Funding for Finovate Alumni– Over $423 Million Raised

By Julie Muhn (@julieschicktanz) Posted on
Categories: Bill.com, BillGuard, Bobber Interactive, Braintree, Cardlytics, CashStar, Continuity Control, Credit Sesame, Dynamics, edo Interactive, eToro, eWise, Finsphere, FTRANS, Guardian Analytics, Kabbage, Kony Solutions, Lending Club, Lendio, mFoundry, MiiCard, MOOTWIN, On Deck Capital, peerTransfer, Plastyc, Prosper, SecondMarket, SecureKey, Silver Tail Systems, Simple, Xero

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTo wrap up 2011, we’ve compiled a list of all of the funding Finovate alumni received over the course of the year. 

The results were impressive:
  • A total of 34 companies received funding, some more than once
  • The companies collectively raised over $423 million dollars
  • The months with the highest number of companies receiving funding were June August, both with 8 companies
  • The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January — $40.8 million raised by 3 companies
February — $10.3+ million raised by 3 companies
March — $20.4 million raised by 4 companies
June — $124.4 million raised by 8 companies
July — $1.1 million raised by 1 company
August — $103.4 million raised by 8 companies
September — $33 million raised by 1 company
October– $22 million raised by 2 companies
November — $16.3+ million raised by 3 companies
December — $52.2 million raised by 5 companies
Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

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Kony Solutions Wins 2 First Place Awards in the Mobile Star Awards

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

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Mobile platform provider Kony Solutions announced yesterday that it recently earned two first place awards at MobileVillage.com’s 10th annual Mobile Star Awards.

Kony received two SUPERSTAR awards and one Rising Star:

  • “The KonyOne platform won the SUPERSTAR award in the category “Enterprise Software: Middleware”
  • Developed on Kony’s “Write Once, Run Everywhere” platform, the GEICO Glovebox won a SUPERSTAR award in the “Success Story: Banking or Insurance” category
  • The KonyOne platform also won the Rising Star award in the “Enterprise Software: Application Development” category”

The Mobile Star Award winners are selected through nominations and an online voting process in which SUPERSTAR is the first place award and Rising Star is the first runner up. 

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

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Kony Solutions Launches KonyOne

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

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Yesterday, mobile platform developer Kony Solutions launched KonyOne, a platform that allows a single application to deliver both native apps and mobile web across multiple devices:

“Offering true native support for all seven operating systems (including iOS, Android, BlackBerry, Windows Phone 7, Java ME, Symbian, webOS) along with simultaneous support for the mobile web, the KonyOne platform provides a secure, scalable and extensible mobile middleware runtime platform that can be seamlessly integrated with existing services.”

Kony also mentioned that KonyOne will support HTML5 updates such as touch specific features and widget enhancements.

To learn more about Kony Solutions, watch its FinovateFall 2011 demo.

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Finovate Alumni News– December 14, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Credit Karma, Intuit Financial Services, Kony Solutions, Lending Club, PayNearMe, Prosper, Weemba

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  • The Wall Street Journal lists Prosper, Lending Club, and Weemba as resources for home financing.
  • PayNearMe partners with iSend to simplify international gift giving this holiday season.
  • Doxo wins Red Herring Global 100.
  • Credit Karma and Intuit team up to provide credit services within FI-branded environments.
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– December 5, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Credit Karma, eToro, Kony Solutions, Lighter Capital, Mint.com, Personal Capital, SafetyPay, SecondMarket, Simple, Weemba
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFox Business News recommends banking with Simple as a way to counter bank fees.
  • The Sacramento Bee reports SafetyPay expands to U.S. marketplace in the airline & travel payments industries.
  • GeekWire reports Lighter Capital awards undisclosed amount of cash to HireAHelper.
  • Barganeering looks at what sets Personal Capital apart from Mint.com.
  • Business Insider explores the differences between SecondMarket and SharesPost.
  • Sun Life partners with Kony on claims mobile app.
  • Weemba adds 3 financial institutions to its network of lenders.
  • Two credit unions deploy Credit Karma’s tools on their online banking platforms.
  • GoalMine to launch holiday gift card trade-in 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.

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Finovate Alumni News– November 8, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Backbase, BillGuard, Budgettracker, Credit Karma, eToro, Geezeo, Ixaris, Kony Solutions, SecureKey, Wesabe
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker: Credit Karma Launches “Hands Free” Account Aggregation.
  • Kony and CIBC deliver new mobile brokerage application.
  • Ixaris to introduce the Opn Payment Partner.
  • Backbase & Forrester Research to host free webinar Nov 9: ‘Banks Need to Become SUPER.’
  • Everything PR lists BillGuard in the Money category of 2011′s Top 100 Best Startups for PRs.
  • eToro launches mobile HTML 5 App for social trading on the go.
  • SecureKey Technologies Inc. to power the Government of Canada’s new online authentication service.
  • Malta Independent Online looks at Wesabe, Geezeo, and Budgettracker as key online money management tools.
  • BankSimple launches to the public, changes its name to Simple.
  • eToro launches iOS mobile app for on-the-go trading.
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 at BAI Retail Delivery Conference

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, Adobe, Arroweye Solutions, BillShrink, Cardlytics, CashEdge, ClairMail, Dynamics, Equifax, Experian, FIS, Fiserv, FreeMonee, Guardian Analytics, Ideon FS, Kony Solutions, Lodo Software, MasterCard, mFoundry, Mitek, oFlows, On Deck Capital, PayPal, ProfitStars, Q2ebanking, SafetyPay, Sybase 365, Truaxis, VISA, Yodlee

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The BAI Retail Delivery conference begins tomorrow with 29 Finovate alumni participating in sessions and/or exhibiting on the trade show floor.
Session Speakers
  • Tuesday, Global Game-Changer Session
    Speaker: Jim Taschetta from FreeMonee
  • Wednesday, Technology for Business Summit 
    Speaker: Mitch Jacobs from On Deck Capital
  • Wednesday, Technology for Business Summit Session 
    Speaker: David Eads from Kony Solutions
  • Thursday, Technology for Business Summit Session
    Speaker: Eric Connors from Yodlee
  • Thursday, Marketing & Product Management Summit Session 
    Speaker: Rod Witmond from Cardlytics
Exhibitors 
BAI Mobile Link
Mobile Link Panel Discussions
Solutions Theatre
Jim Bruene and I (julie@netbanker.com) will be in attendance and will update the blog and Twitter with new developments throughout the event. 

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Finovate Alumni News– October 7, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: BillGuard, Credit Karma, FeeFighters, Kony Solutions, LearnVest, Lendio, Simple, Truaxis
  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMountain West Capital Network names Lendio fastest-growing company in Utah.
  • Business Insider recommends signing up for BillGuard if you’re a victim of ID theft.
  • Firmology profiles Samurai by FeeFighters.
  • Truaxis wins the Innotribe Start-Up Challenge for StatementRewards Platform.
  • Kony names Sriram Ramanthan as Chief Technology Officer.
  • The Examiner advises using Credit Karma’s Credit Simulator and reading LearnVest’s blog to keep aware of money matters.
  • Dave Enjoys’ blog highlights features of BankSimple.
  • Credit Karma’s CEO Ken Lin reports What Banks and Lenders Know About You From Social Media on Mashable.
  • KAPITALL launches interactive news site KAPITALL WIRE.
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 Streamlines the Internal Approval Process for Banks

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

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This morning, Kony Solutions showed a mobile app that facilitates the internal executive approval process for banks:

“Kony Commercial Banking leverages Kony’s Platform and our expertise in mobile banking. It allows the corporate treasurer and executives to track and approve transactions from any mobile device they choose to use including tablets. Each user is able to view the transaction amount, date, account involved, the approval status of other users and a memo. 

This solution is unique in offering secure, multi-user transactions accessible anytime, anywhere. Plus, from the development perspective the application is updated and deployed to any mobile device, mobile web or tablet from a single application definition.”

Product Launched: Fall 2011 

HQ Location: Orlando, FL 
Company Founded: January 2007 
Metrics: Kony has 700 employees
Presenting Bjorn Hildahl (VP Product Management) & Shannon Pham (Marketing Program Manager)

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