Alumni News — Week of May 16, 2011

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Bill.com
Practical Ecommerce listed Bill.com as 1 of 19 tools for online bookkeeping and invoicing Link


BrightScope
BrightScope announced the top 10 commodities funds held in America’s 401k plans Link
Frazier & Deeter, FD Alliance, BrightScope and SignatureFD conducted a national webinar on BrightScope’s tool that rates employee benefit plans. Link 
ClairMail

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ClairMail reported record growth with a record number of customer acquisitions and a 300% increase in user growth Link  
eRollover
eRollover announced its Facebook Early Retirement Vacation Sweepstakes Link
Finantix
Wealth Management 360 highlighted Finantix’s Finovate Europe demo Link

Intuit
Intuit reported an increase of internet banking users by 9% and bill pay users by 23% Link
iPay Technologies

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iPay Technologies reached 1 Million users of its P2P electronic payment service, with almost 8 million payments processed to date Link
Kapitall
Kapitall implemented an alert system for current news on stocks and funds. These new alerts will keep users informed and will link directly to Kapitall’s analytical tools for a quick understanding of changes. Link
Kashoo

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Practical Ecommerce listed Kashoo as 1 of 19 tools for online bookkeeping and invoicing  Link
Kashoo was selected by IDC as one of Canada’s Top 10 cloud companies to watch Link

On Deck Capital
Tech Crunch reported On Deck Capital’s announcement of the On Deck Score, a credit score for small businesses. This program seeks to fix the problem of businesses borrowing money as consumers http://tcrn.ch/kNjGX6 Link
Outright.com
Practical Ecommerce listed Outright.com as 1 of 19 tools for online bookkeeping and invoicing Link

SecondMarket 
SecondMarket experienced $115M in private stock sales during Q1 Link

TradeKing
TradeKing ranked number four in customer service for the second consecutive year in the Annual Broker Survey by Wall Street Journal’s magazine, SmartMoney Link 
Wonga

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Wired UK mag covered Wonga’s disruptive process of making borrowing money completely automatic. Are they transforming personal finance? Link
Wonga should have won of Startup 100 Awards, not Spotify Link

Alumni News — Weeks of January 24, 31, and February 7, 2011

To see Finovate alumni company news in real-time, follow our feed on Twitter here.


Betterment and Mint.com partner for “set it and forget it” investment accounts. The accounts have no minimum balance. http://bit.ly/finovate210111

Bling Nation rolls out the “fan connect” platform in Chicago. The Chicago rollout is part of a broader national rollout to come. http://bit.ly/finovate210112

Cardlytics and NetSpend partner to bring reward offers to the underbanked. The partnership will create opportunities for targeted offers to reach users of prepaid debit cards. http://bit.ly/finovate28112

Cardlytics wins Red Herring Global 100 winner. — Cardlytics is a pioneer in in-statement merchant-funded rewards. http://bit.ly/finovate27114

CashEdge and NYCE join forces to provide person to person payment technology. Popmoney will now be available to 3,000 NYCE financial institution clients. http://bit.ly/finovate211112

ClairMail announced that revenue tripled in 2010. The company attributes the growth to the launch of their mobile connectivity architecture in early 2010. http://mwne.ws/finovate28115

DebtGoal launches OWEing.com. The new site acts as the flagship domain and provides a tools and content supporting debt reduction. http://bit.ly/finovate131112

eRollover launches Advisor Center. Ask retirement questions online in the new Advisor Center. http://bit.ly/finovate124112

Fiserv and WorkLight partner to make mobile application deployment and development faster. http://bit.ly/finovate125111

Frost and Sullivan names mFoundry “Entrepreneurial Company of the Year” in the mobile banking category. http://bit.ly/finovate121114

Guardian Analytics announces 150%  growth. The company attributes the rapid growth to the success of its FraudMap technology. http://bit.ly/finovate210113

Jack Henry’s ProfitStars.com launches new services to help small businesses accept online payments. http://bit.ly/finovate211111

Lending Club increased the maximum loan amount from $25,000 to $35,000. http://bit.ly/finovate27113

mFoundry launches standalone mobile deposit solution that can be implemented at a financial institution within 30 days. http://bit.ly/finovate28114

Intuit’s Mint and TurboTax team up to make taxes easier. http://bit.ly/finovate121111

Mozo launches Money Q & A portal where users can ask questions or answer questions posed by others. http://bit.ly/finovate211113

On Deck Capital secures $15 million Series-C funding. The funding round was led by SAP Ventures. http://bit.ly/finovate131111

Plastyc closes $2 million strategic investment from Core Innovation Capital. Core Innovation Capital is the investment partner for the Center for Financial Services Innovation. http://bit.ly/finovate28111http://www.silvertailsystems.com/

Silver Tail Systems announces the addition of a user-specific monitoring system. http://bit.ly/finovate124111

SmartyPig.com adds sixty new online retailer cash-back partners, and six more gift card partners. Expedia, Hotels.com, Cabela’s and Babies R Us are included in this latest offering. http://bit.ly/finovate131113

SmartyPig’s cash rewards card wins Paybefore award twice. http://bit.ly/finovate12112

The Receivables Exchange partners with Biz2Credit, an online loan-matching portal. http://bit.ly/finovate125113