Finovate Alumni News– October 30, 2013

  • Finovate-F-Logo.jpgPayments News reports: PayPal Launches Startup Blueprint Program.
  • miiCard’s new directory API powers member lookup services to easily confirm ID and expand confidence online.
  • EyeVerify featured in local broadcast on Kansas City’s tech community.
  • GoBank, Moven, and Simple highlighted in Bank Marketing Strategy column on simplicity and bank product proliferation.
  • TradeKing CEO Don Montanaro weighs in on the SEC’s crowdfunding approval announcement.
  • Check releases version 6.26 of their money management app for Android.
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– October 14, 2013

  • Thumbnail image for Finovate-F-Logo.jpgForbes column on banking and mobile payments highlights Finovate alumni Check, Fiserv, and FIS.
  • BBC features MasterCard’s efforts to replace food stamps and cash with cards in Lebanese refugee camps.
  • Jim Marous references GoBank and Moven in report on innovation in mobile banking functionality.
  • LowCards.com reports: Dynamics offers artistic credit cards.
  • Flint Mobile opts for camera over card reader.
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.

Third Quarter 2013 Funding for Finovate Alumni — More than $171 Million Raised

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The third quarter of 2013 revealed that even during the sleepy days of summer, the business of putting capital into the coffers of fintech innovators remained as busy as ever.

Finovate alumni were the beneficiaries of more than $171 million during July, August, and September. This brings the total year-to-date funding for Finovate alumni to at least $526 million (some of the funding amounts were undisclosed).

Here is the Q3 summary for 2013:

July — More than $63 million raised by eight companies
August — More than $26 million raised by six companies
September — $82 million raised by nine companies
Note: Fundings prior to a Finovate appearance not included. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

Moven Wins Investment from Life.SREDA and BillPay from Payveris

A strategic partnership announced by Moven will bring investment capital to the company’s mobile money management service, now in beta in the U.S.

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The amount of the investment was not disclosed. Nevertheless the capital comes courtesy of Russian venture capital firm, Life.SREDA, which specializes in mobile and online fintech initiatives around the world.

In addition to helping raise Moven’s profile in markets in Eastern Europe and Russia, the investment is slated to support early stage development in the company’s signature service.
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News of the company’s partnership with Life.SREDA comes just one day after Moven announced a deal with mobile payments company, Payveris. The agreement will bring bill pay and money transfer features to Moven’s money mangement platform.
New York-based Moven was founded in 2011, and has raised more than $2.5M in seed funding heading into this week’s announcement. The company was last on the Finovate stage as part of the Spring show in San Francisco earlier this year. See Moven’s demo here.

Finovate Alumni News– August 23, 2013

  • FinovateLOGO.jpgCommunityLend announces that the beta version of Financeit iOS app is now available for download. See them demo at FinovateFall in New York next month.
  • Moven forms strategic partnership with Russian venture capital fund Life.SREDA.
  • Keynote goes private as stockholders approve sale to Thoma Bravo.
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 22, 2013

  • FinovateLOGO.jpgForbes Magazine names FIS one of the 100 most innovative companies in the world.
  • BusinessManager from ProfitStars is driving revenue growth and customer acquisition for Great Western Bank.
  • Arroweye Solutions launches data-driven card marketing with CustomerConnect.
  • Ameriana Bank to deploy Picture Pay from Allied Payment Network.
  • Mashable takes a look at PayPal’s face-verification system for mobile payments.
  • Yodlee, Moven, and Mint featured in Wired column on the “banks of tomorrow.”
  • Narrative Science co-hosts this week’s InnovationChat at built in Chicago. See them demo at FinovateFall in September.
  • Segmint CIO David Hadley writes about building a cybersecurity framework today in BAI Banking Strategies.
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 14, 2013

  • Finovate-F-Logo.jpgYseop selected as a finalist for the category of “Social, CRM and Loyalty” for the DMA Innovation Awards.
  • Finextra reports: Virtual Piggy integrates with social game giant Habbo Hotel.
  • TechCrunch reports: Braintree launches a new service called Marketplace, an API designed for mobile marketplace operators.
  • The Sleeter Group reviews Kashoo, Xero, and others.
  • The Guardian Money features social lending service Zopa.
  • Transaction processing driving revenue growth for Jack Henry & Associates.
  • Pymnts.com interviews Daniel DeMeo, CEO at Capital Access Network, on the rise of commercial lending.
  • Snarketing 2.0 highlights Credit Karma, FlexScore, and Moven in a column on why the financial services industry needs a “FinScore”.
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 6, 2013

  • Finovate-F-Logo.jpgERN raises another $1 million, acquires two UK companies.
  • Expensify announces additional approval modes.
  • TMC selects Interactions’ Virtual Assistant applications for a 2013 Speech Technology Excellence Award.
  • The Financial Brand looks at NeoBanks: Moven, Simple, GoBank.
  • Reuters article features Wealthfront as a platform of choice for how millenials manage money.
  • MasterCard partners with United Bank for Africa to provide Nigeria’s first personalized debit card.
  • BrightFunds announces that it is now an official contributor to Triple Pundit.
  • The Economist talks with TransferWise co-founder Taavet Hinrikus about technological innovation in Estonia.
  • Kabbage and On Deck Capital both featured in Fit Small Business column on raising money for an existing business.
  • Allied Payment Network partners with Access Softek to provide Picture Pay mobile bill pay technology.
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 29, 2013

  • FinovateLOGO.jpgJilliene Helman, CEO and co-founder of Realty Mogultalks crowdfunding and real estate in NAWRB’s N Magazine.
  • Bazaarvoice CEO Stephen Collins writes about why Big Data needs big problems.
  • Finect’s Jennifer Openshaw talks about social media and the coming deluge of hedge fund advertising.
  • Total Payments features Moven founder, Brett King, as he discusses the future of banking and payments.
  • Bank Innovation looks at Moven, Simple, GoBank, and the decline of personal checks.
  • TechPost considers the success Lending Club, SocietyOne, and Zopa have had implementing P2P lending platforms.
  • American Banker reports ID Analytics announces updated ID fraud software, ID Score.
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 26, 2013

  • Finovate-F-Logo.jpgApp advice features BillGuard as the best iPhone app of the day.
  • Silicon Prairie News features D3 Banking (formerly Lodo Software) as 1 of 50 companies to follow on Twitter.
  • Finect’s social media platform adopted by Houston-based Chilton Capital Management. See the company’s demo at FinovateFall in September.
  • Bank Innovation reports that username and password are coming soon for Moven’s iPhone app.
  • Datamation takes a look at MicroStrategy’s approach to virtualizing their data centers.
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 19, 2013

  • Finovate-F-Logo.jpgPayPal reviews second quarter performance.
  • Creditcard.com.au features SocietyOne as 1 of 5 industries where you should be using a ‘share business’.
  • Network World reports: Authentify xFA provides simple, secure primary authentication using digital certificates and voice biometrics.
  • Compliance Week reports: Actiance Socialite helps simplify social media compliance.
  • MasterCard’s Margaret Shine talks debit card adoption with Pymnts.com.
  • Lendio prevents five reasons why small businesses should rely on cloud accounting.
  • Project Runway season opener features contestants using GoBank accounts to make purchases and manage spending.
  • Netbanker looks at the benefits of Moven’s contactless NFC sticker.
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, 2013

  • Finovate-F-Logo.jpgNetbanker walks through Moven’s invite and application process.
  • SumUp to participate in the Visa Ready program to prepare their mobile acceptance software and hardware tested and approved for use by Visa.
  • Linkable Networks partners with 4INFO, a mobile ad tech company, to provide consumers with access to card-linked offers via mobile devices.
  • Metaforic releases Metaforic WhiteBox, a secure cryptography solution for Mobile Financial, Conditional Access, BYOD and Embedded Communications and payments.
  • Merchant Customer Exchange chooses FIS to power real-time, mobile commerce payment network.
  • Finovate alum Braintree highlighted in coverage of MobileBeat 2013.
  • Financial Post takes a look at “do-it-yourself hedge fund site” Quantopian.
  • Allied Payment Network and Malauzai Software team up to provide PicturePay as stand-alone mobile bill pay solution.
  • Dashlane and Narrative Science graduate from FinTech Innovation Lab after participating in “Demo Day”.
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.