Finovate Alumni News– May 17, 2013

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  • Serverside Group grants license for its US card customization patents to financial services provider, DimpleDough.
  • CashStar announces year-over-year growth in Mother’s Day eGifting cards sold.
  • MobilePaymentsToday takes a look at Zooz In-Ad Payments service.
  • FlexScore provides waiting list for access codes to beta version of their web-based financial advisor platform.
  • American Banker features crowdfunders LendUp and Realty Mogul.
  • TransCard congratulates technology partner FamZoo on winning FinovateSpring 2013 honors.

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.

FinovateSpring 2013 Best of Show Winners

After the final demos wrapped up on two fintech-packed days at FinovateSpring 2013, the audience voted for their favorite demos to ultimately decide who would be named Best of Show. The overall top five took home the trophies.

The winners (in alphabetical order):

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FamZoo, for its prepaid card family pack
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LendUp, for its LendUp Ladder loan platform that helps the underbanked build credit
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MoneyDesktop, for its Target and Insight back-end data analytics and marketing platform
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PayNearMe, for launching the white-labeled version of its cash-dpayments platform
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TipRanks, for its solution that brings transparency to individual investors, helping investors decide who to trust
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We’ll have the videos of all 72 demos posted on Finovate.com in a few weeks.

Thanks to everyone who joined the audience and came to be a part of our largest show so far. And thanks to the 77 innovators* who braved the Finovate stage. 

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*Five demos hosted a co-presenting company, including Visa, MasterCard, USAlliance Credit Union, Intuit, and Paydiant

Notes on methodology:  
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.     
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.    
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”  
4. The five companies appearing on the highest percentage of submitted ballots were named Best of Show.  
5. Go here for a list of previous Best of Show winners.

FinovateSpring 2013 Best of Show Winners

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After the final demos wrapped up on two fintech-packed days at FinovateSpring 2013, the audience voted for their favorite demos to ultimately decide who would be named Best of Show. The top 5 overall took home the trophies.

The winners (in alphabetical order):

FamZooLogo2Large.jpg

FamZoo, for its prepaid card family pack
famzooimg2.jpg
LendUp, for its LendUp Ladder loan platform that helps the underbanked build credit
LendUpLogo.jpg
IMG_2285.JPG
MoneyDesktop, for its Target and Insight back-end data analytics and marketing platform
MoneyDLogo.jpg
MoneyDesktopLogoNew.jpg

paynearmelogo2.jpeg

PayNearMe, for launching the white-labeled version of its cash payments platform
IMG_2157.JPG
TipRanks, for its solution that brings transparency to individual investors, helping investors decide who to trust
TipRanksLogo.jpg
TipRanksIMG.jpg

We’ll have the videos of all 72 demos posted on Finovate.com in a few weeks.

Thanks to everyone who joined the audience and came to be a part of our largest show so far. And thanks to the 77 innovators* who braved the Finovate stage. 

——————————————————————

*Five demos hosted a co-presenting company, including Visa, MasterCard, USAlliance Credit Union, Intuit, and Paydiant

Notes on methodology:  
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.     
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.    
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”  
4. The five companies appearing on the highest percentage of submitted ballots were named Best of Show.  
5. Go here for a list of previous Best of Show winners.

Finovate Alumni News– May 16, 2013

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  • FamZoo, LendUp, Money Desktop, PayNearMe, and TipRanks win Best of Show honors at FinovateSpring 2013 in San Francisco.
  • Blaze Mobile earns three NFC mobile payment patents.
  • OpenCoin announces completion of an angel funding round from Google Ventures and IDG Capital Partners.
  • ForexThink interviews QuantConnect founder and CEO Jared Broad.
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.

LendUp Ladder Helps the Underbanked Borrow and Build Credit

Thumbnail image for LendUpLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Socially responsible lending to the underbanked? Meet LendUp and their program to use small dollar loans to help borrowers build credit.
“The LendUp Ladder changes the dynamics of a small dollar loan; rather than being a dangerous first step into a cycle of debt, small dollar loans become an opportunity to learn good financial behavior and to build credit.”

Product Launched: October 2012

HQ Location: San Francisco, California
Company Founded: November 2011
Website: lendup.com
Twitter: @LendUpLoans
Presenting Sasha Orloff (CEO & Co-Founder) and Jacob Rosenberg (CTO & Co-Founder)

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