Oink

Where the Alums Are: A Remembrance of FinovateSpring Past

By David Penn Posted on
Categories: Arxan Technologies, Balance Financial, Banking Up, Banno, Better ATM Services, Braintree, CardFlight, Encap, EyeVerify, Finagraph, Finect, FinovateSpring 2013, FinovateSpring 2014, GoodApril, IntelliResponse, Jemstep, Kabbage, Kofax, Leaf, LendUp, LICUOS, Lodo Software, MoneyDesktop, Mortgage Harmony, Narrative Science, NICE Systems, Oink, OneID, OpenCoin, P2BInvestor, PayNearMe, Prestadero, Quantopian, Realty Mogul, SeedInvest, Yseop, Zooz

Thumbnail image for FinovateSpring2014ButtonLogo.jpg

It is hard to believe that it is almost time for FinovateSpring 2014.

There’s still plenty of time for you to get your tickets to our upcoming event in San Jose, California on April 29 and 30. Our final Sneak Peek preview post is up, all the companies who were prepping under the radar are now out of stealth, and we can’t wait for you to see what this year’s spring crop of fintech entrepreneurs and innovators has in store.

Before we do, however, let’s take a moment to take a look back at last year’s FinovateSpring alums. As we scrolled through blog archives, several themes jumped out: the appetite for startups remains as passionate as ever, with three of our Spring 2013 alums being acquired by such financial sector potentates as Intuit and PayPal. And venture capitalists continue to see innovation in this space as a more than worthwhile investment, with 20 separate fundings for Spring 2013 alums

We’ve grouped the achievements into four categories: Exits, Fundings, Awards, and Acquisitions. Enjoy!
EXITS
  • Jack Henry buys Banno for undisclosed sum
  • The rumors are true: eBay’s PayPal acquires Braintree for $800 million in cash
  • Intuit buys tax planning/preparation specialist GoodApril
  • TaxAct acquires Balance Financial
FUNDINGS
  • CardFlight secures $1.6 million in seed funding from ff Venture Capital
  • Encap earns seven-figure investment from ProVenture Seed
  • EyeVerify earns $2.3 million in Series A funding
  • Jemstep raises $4.5 million in Series A round
  • Kabbage brings in $270 million in debt financing to provide small businesses with funding of their own
  • Kabbage brings in $75 MIllion in debt financing
  • Leaf raises $20 million from Heartland Payment Systems
  • Alternative lender LendUp raises $14 million in new funding
  • D3 Banking creator Lodo Software Brings in $3 million
  • Narrative Science secures $11.5 million in Series C funding
  • OpenCoin wins investment from Google Ventures, IDG Capital Partners
  • P2BInvestor raises $1.2 million in Series A round
  • PayNearMe leverages Family Dollar Partnership; raises $20 million
  • PayNearMe raises $10 million in Series D funding, launches Express Merchant Onboarding Option
  • Prestadero raises 5 million pesos ($400,000 USD) in first round of funding
  • Quantopian raises $6.7 million in Series A round
  • Realty Mogul raises $9 million in round led by Canaan Partners
  • SeedInvest raises $2 million in crowdfunded investment campaign
  • SeedInvest Raises $1 million in round Led by Jumpstart New Jersey Angel Network
  • Zooz Closes $2 million Series A round Led by XSeed Capital
AWARDS
ACQUISITONS
  • OpenCoin acquires SimpleHoney
  • Kofax acquires data integration software provider Kapow Technologies
  • NICE to acquire Causata to enhance customer experience management

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– April 9, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Billhighway, CardFlight, CRIF, LendUp, MiiCard, Oink, ProfitStars, Rippleshot
  • Finovate-F-Logo.jpgMichigan Education Association selects Billhighway to improve membership experience.
  • ProfitStars’ iPay Solutions Resource Center receives NACHA’s 2014 PayItGreen Award.
  • miiCard launches IDaaS for Lenders, a solution that combines ID proofing, bureau data, bank data, & authentication.
  • CardFlight launches SwipeSimple to offer a co-branded mobile POS product to merchants.
  • LA Parent features Oink among its “Cool Tools.”
  • OTP Banka Slovakia to deploy CRIF Credit Framework.
  • LendUp launches in Mississippi, the state with the highest percentage of unbanked and underbanked households in the U.S.
  • Rippleshot CEO Canh Tran to join Chicago-area startups at White House summit on entrepreneurialism. See Rippleshot demo at FinovateSpring in San Jose.
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.

Share this:

Send Post Twitter LinkedIn Facebook

Where Are They Now? FinovateEurope 2013 Best of Show Winners

By Julie Muhn (@julieschicktanz) Posted on
Categories: Best of Show, Credit Agricole, Efigence, ETRONIKA, FinovateEurope 2013, FinovateEurope 2014, mBank, Meniga, Moven, Oink, Pockets United, SumUp, Virtual Piggy

FE2013bestofshow.jpg

As we begin helping FinovateEurope 2014 presenters polish their demos for the show on February 11 and 12, we thought we’d take some time to catch up with last year’s best of show winners to see what they’ve been up to over the past 12 months.
Here are last year’s winners, in alphabetical order:

creditagricoleLogo.jpg


Who they are: A retail bank leader in France and Europe, with 11,600 branches worldwide, 160,000 employees and 54M customers.

What they demoed: The Credit Agricole Store, a European app store where financial apps are co-created between clients and developers thanks to the opening bank APIs.
Demo video

What they’ve been up to:
    • Celebrated the second year of its social media bank and attracted 3k banking customers.
    • Harnessed banking and insurance expertise to support the cooperative group Agrial in its first listed private bond placement.

etronikaLogo2.jpg


Who they are: an IT company that develops complex and innovative solutions for the banking and finance industries. 

What they demoed: The BANKTRON e-channels management platform that provides front-end users elegant, safe, and secure financial products and services.
Demo video

What they’ve been up to:

  • Was recognized as Lithuania’s most advanced high-tech sector company in the elections of the Knowledge Economy Company 2013.
  • Released a mobile banking app for Medicinos Bankas.
  • One of the DNB Group’s Internet banks implemented BANKTRON and its newest adaptive interface.

mbankandefigencelogo.jpg


Who they are: mBank is a financial sector innovator that offers a full range of retail and SME financial products. Efigence specializes in online banking platforms, currency trading tools, PFM tools and social and financial data aggregation tools.

What they demoed: Their online banking transactional site and implementation of Facebook and real-time consumer gratification.

What they’ve been up to:
    • mBank, along with Accenture, picked up a Best of Show award at FinovateFall 2013
    • mBank announced a new transactional service, new logo, premium offer for affluent customers.
    • Efigence-powered Alior Currency Exchange awarded Innovation of the year 2012 title
    • Efigence-powered Alior Bank won the prestigious Golden Bank 2012 title

MenigaLogo.jpg

Who they are: They offer white-label PFM and next generation online banking solutions to retail banks.
What they demoed: Their To buy or Not to buy, a white-label module for mobile banking applications. It uses PFM functionality to empower and influence consumers at the point of sale or when considering buying something.
What they’ve been up to:
    • Promsvyazbank in Russia launched Meniga-powered PFM-Service
    • Raised $6.5 Million (€5 Million) to further develop PFM and online banking
    • BRE Bank launched its “new mBank”based on Meniga´s PFM solution

MovenLogoNew.jpg

Who they are: A neobank focused on the mobile experience and aimed at both banked and underbanked consumers.
What they demoed: Their mobile banking experience along with how CredScore and their Spend, Save, Live tools will help consumers ma
nage and improve their financial health
What they’ve been up to:
    • Launched their Android app
    • Updated the iOS app
    • Received $2 million investment from Life.SREDA
    • Expanded the beta sign ups for the bank
    • Debuted Money Pulse to help users manage day-to-day finances

OinkLogo2.jpg


Who they are: A solution that provides a platform for kids under the age of 18 to make transactions online with parental controls.
What they demoed: An e-commerce solution that enables kids to manage and spend money within a parent-controlled environment
What they’ve been up to:
  • Rebranded as Oink
  • Launched new iOS mobile app
  • Contracted with Marvelous USA to provide its payment system on their site
  • Expanded to a quarter of a million users
  • Signed its first UK partners, Toy Galaxy and Toadstool
  • Won The National Parenting Center’s 2013 Seal of Approval under the Websites category.
  • Partnered with epay
  • Received Excellence in Best Practices Award from Frost & Sullivan

PocketsUnitedLogo.jpg


Who they are: The creator of a social payments app that helps users track and split joint expenses on-the-go.

What they demoed: Their app that helps groups manage shared finances by giving them an easy option to repay one another
What they’ve been up to:
  • Launched Android app
  • Presented their solution to the Bavarian Ministry of Economics

SumUpHiLogo.jpg


Who they are: SumUp offers an easy way for small businesses and sole traders to accept card payments securely, even on-the-go. Using only a portable card reader and an app for iOS and Android, merchants can accept card payments on their mobile device.

What they demoed: Their mobile point of sale system
What they’ve been up to:
  • Expanded to Latin America with launch of m-payments service in Brazil
  • Cut its transaction fee across Europe
  • Received investment from BBVA Ventures to aid in expansion to South America
  • Launched plug-and-play POS technology
  • Received multi-million Euro investment from Amex and Groupon
  • Launched in Russia and partnered with Svyaznoy Group
  • Partnered with Revel Systems to facilitate card payments
  • Began supporting AmEx in some European markets

To be a part of the action at this year’s FinovateEurope, get your ticket here to watch a full two days of demos and vote for who you think should win Best of Show.

Share this:

Send Post Twitter LinkedIn Facebook