On Deck Capital Archives - Page 9 of 16

Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on May 19, 2015
Categories: ACI Worldwide, Avoka, Bill.com, BillGuard, Cloud Lending, Coinbase, Credit Karma, Credit Sesame, D3 Banking, INETCO Systems, Intuit, Jumio, Kabbage, Kony Solutions, Kreditech, MasterCard, On Deck Capital, PayItSimple, PayPal, planwise, Prosper, Ripple, TransferWise, Trulioo, ValidSoft, Venmo, WePay, Zopa

On Finovate.com

PayItSimple Pulls in $10 Million Line of Credit

Check out FinovateSpring 2015 in the Press

Ripple Labs Reels in $28 Million, Eyes Asia Expansion

P2P Lending Meets High Street Banking as Metro Bank Partners to Lend via Zopa

Credit Sesame Raises $16 Million in New Funding

Planwise Raises $750,000, Nearly Doubling Total Capital

Around the web

Fox Small Business News names 11 Finovate alums in list of Hot Fintech Startups to watch.

Edenred México S.A. incorporates INETCO’s Insight software platform.

D3 Banking taps Jeffrey Walker as chief information security officer.

MasterCard launches P2P payments service, MasterCard Send, to help businesses reimburse rebate consumers without checks.

nTrust to deploy ID verification technology from Trulioo.

North American Savings Bank (NASB) partners with ACI Worldwide for online, mobile banking and billpay.

Avoka, Bill.com, BillGuard, CoinBase, Credit Karma, Jumio, Kabbage, Kreditech, OnDeck, Prosper, TransferWise, Trulioo, Venmo and WePay earn spots on Inc.com’s “20 Financial Technology Startups You Need to Know.”

ImageWare selects ValidSoft’s voice biometrics solution.

Kony teams with Citrix, to offer customers a mobile app solution from mobile design and development to enterprise mobility operations.

Altifi.com features Cloud Lending Solutions’ Cloud Lending Exchange.

ZD net: Intuit tightens PayPal integration with data synchronization app.

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

By Julie Muhn (@julieschicktanz) Posted on April 28, 2015
Categories: Authentify, Credit Karma, Kony Solutions, Lighter Capital, On Deck Capital, PayPal, peerTransfer, Prosper, Tradier, Trunomi

On Finovate.com

FinovateSpring 2015 Sneak Peek: Part 7

Around the web

After being acquired by Prosper in January, American Healthcare Lending has changed its name to Prosper Healthcare Lending.

Early Warning’s Authentify xFA wins Gold for Authentication Product of the Year at Info Security’s 2015 Global Excellence Awards.

Lighter Capital closes twice as many deals in Q1 of 2015 than it did in all of 2014.

On Deck expands small business lending in Canada.

Trunomi adds new chief architect, Kartik Venkatesh.

Tradier teams up with Apex Clearing Corporation to bring brokerage solutions to digital RIAs.

peerTransfer adds 56 new schools to its client base in Q1 2015, bringing its total to 650+ educational providers worldwide.

VentureBeat: PayPal brings its One Touch payments to the web.

Credit Karma wins gold medal in the Financial Services/Banking division at the 2015 Edison Awards.

UST Global and Kony launch new mobile app for Blue Cross of Idaho members.

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

By David Penn Posted on April 20, 2015
Categories: AcceptEmail, BBVA, Bento for Business, Betterment, Global Debt Registry, Interactions, Lending Club, Mint Bills, Motif Investing, On Deck Capital, Prosper, WealthForge, Wealthfront, Yoyo

On Finovate.com

Britain’s Second Largest Mobile Wallet, Yoyo, Pulls $10 Million in Funding

Mint Bills Brings Mobile Billpay to One Million Customers of Quester Gas

Global Debt Registry Teams Up with TransUnion to Better Serve Debt Industry

Around the web

Bento for Business founder and CEO weighs in on the future of tech accelerators. See Bento for Business at FinovateSpring 2015 in San Jose next month.

Global Market Solutions joins the Misys InFusion Partner program.

TechCrunch column on fintech regulation features Lending Club, Motif Investing, Betterment, OnDeck, Wealthfront, Prosper, and WealthForge. Join WealthForge in San Jose for FinovateSpring 2015.

PYMNTS features AcceptEmail.

OnDeck partners with Angie’s List to offer financing to its service providers.

Paybefore selects InComm as a 2015 Paybefore Awards Europe winner in the Change Agent of the Year category.

Banking Exchange: Kabbage hopes to harvest more bank partnerships.

Check Point Software and FireEye partner to share threat intelligence to protect customers from modern advanced attacks.

Bank Innovation’s look at Voice Assisted Banking features Interactions.

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

By David Penn Posted on April 14, 2015
Categories: Acculynk, authenticID, BioCatch, Blackhawk Network, Kofax, Lending Club, Lendio, MiiCard, Motif Investing, On Deck Capital, PaySimple, Prosper, Q2, SecondMarket, Tradier, Uncategorized

On Finovate.com

FinovateSpring 2015 Sneak Peek: Part 3 is up. Check out what 7 presenting companies have to offer at the next Finovate.

AuthenticID Teams Up with MyECheck to Provide Document Authentication

Around the Web

OEM agreement between Kofax and BlackHawk Network enables mobile capture on GoWallet digital wallet.

Early Warning and BioCatch to collaborate in new data-sharing consortium.

Q2 teams up with Acculynk to provide real-time P2P payment service.

2Chimps reviews Motif Investing.

The Netbanker Blog is Moving to Finovate.com.

Lending Club and Citi partner with Varadero Capital to facilitate up to $150 million in loans to provide affordable credit to underserved borrowers and communities.

Options trading tool, Orca, partners with Tradier for its Brokerage API.

Prosper and OnDeck partner to offer customers more lending options.

GDS Link integrates MiiCard’s DirectID into its Credit Risk Management platform to reduce risk and increase conversion rates.

Lendio acquires Business Bounce to accelerate business lending on its marketplace platform.

PaySimple awarded Marketing Team of the Year by Marketo.

TechCrunch reports: SecondMarket launching product to put more control over secondary sales in the hands of startups.

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

By David Penn Posted on March 25, 2015
Categories: BancVue, Betterment, Billhighway, Equifax, Financial Guard, Fiserv, FutureAdvisor, Insuritas, Intuit, Kofax, Lending Club, Lendio, Monitise, Motif Investing, On Deck Capital, PayPal, Rippleshot, ShopKeep POS, SocietyOne, TD Ameritrade, TD Bank, Zumigo

On Finovate.com:

Lendio Raises $20 Million in New Funding to Help Finance Small Businesses

Motif Investing Partners with Pacific Life to Offer Cause-Based Investing.

In Partnership with Equifax, Zumigo Further Protects Merchants.

Bank Innovation’s Coolest Brands of 2015 Features Finovate Alums.

Printer Giant Lexmark to Acquire Kofax for $1 Billion.

Around the Web:

ShopKeep POS acquires payment processing startup, Payment Revolution.

Financial Guard and FutureAdvisor are featured as alternatives in a Bloomberg column on “breaking up with your expensive adviser.”

Bank Innovation column on “InsuranceTech” and Fintech 1,000 lists Insuritas.

Opentabs integrates with PayPal to power its mobile app order-ahead services.

PYMNTS: Monitise takes itself off the market. CEO steps down.

Billhighway awarded Silver Stevie Award for Innovation in Customer Service in the Financial Services Industry category. It is the second win for Billhighway since 2013.

Dexterity Ventures (Place2Give) bolsters team with new CMO, Product Manager, Developer, and Office Assistant.

The FinTech Blog interviews Eli Broverman, Co-Founder and COO of Betterment.

Fiserv, TD Bank Group, Intuit, and PayPal rank among Forbes’ list of Americas’ Best employers.

SocietyOne appoints former Investec Group chief lending officer, Simon Schwarz, as new COO.

Ad Age highlights how BancVue seeks to level the playing field for community banks.

Rippleshot joined fellow winners of the Chicago Innovation Awards in ringing the closing bell at the Nasdaq on Monday.

BankNXT looks at the rise of marketplace lending platforms including Finovate alums Lending Club and OnDeck.

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

By David Penn Posted on March 24, 2015
Categories: ACI Worldwide, Advanced Merchant Payments, Aire, Azimo, Bluefin Payment Systems, Cloud Lending, Currency Cloud, CurrencyFair, Expensify, Fastacash, FutureAdvisor, ID.me, InComm, On Deck Capital, ThreatMetrix, TransferWise, Uncategorized

On Finovate.com:

ID.me Raises $3 Million in New Venture Debt Funding

Alt-Credit Score Startup, Aire, Raises $1.1 Million.

Around the Web:

Polish & Slavic Federal Credit Union chooses online banking platform from ACI Worldwide.

Finextra’s Future Money Focus interviews Thomas DeLuca, CEO of Advanced Merchant Payments.

BBC column on Technology of Business features Azimo, Currency Cloud, CurrencyFair, and TransferWise in a discussion on the currency transfer business.

Forbes.com profiles Singapore-based Fastacash.

PYMNTS features ThreatMetrix’s latest whitepaper.

Shentel integrates InComm’s CashTie API to facilitate bill pay at retail locations.

Financial Planning features FutureAdvisor’s freemium model.

Expensify launches new policy editor design.

Forbes features OnDeck Capital as one of three lesser-known strategies to secure business financing.

Bluefin Payment Systems to power payment processing for Clubworx software platform.

Cloud Lending Solutions announces agreement with BDO Solutions to bring its non-bank online lending platform to East Africa.

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 Alums Take Gold, Silver and Bronze at PYMNTS Innovation Awards 2015

By David Penn Posted on March 20, 2015
Categories: Bill.com, Bluefin, CashStar, Clover Network, Klarna, Loop, MasterCard, Mint Bills, Moven, On Deck Capital, PayItSimple, Payoneer, PaySimple, Ripple, TSYS, Uncategorized, Venmo, VISA

Sixteen Finovate and FinDEVr alums have been recognized by the PYMNTS Innovation Awards 2015. Three alums, MasterCard , Clover Network and OnDeck took home top honors in their categories, winning gold in “Best New Technology,” “Best POS Innovation,” and “Best Small Business Innovation,” respectively. The rest of the alum field earned silver and bronze in 13 additional categories, including LoopPay, which earned Silver for Best New Technology and a Bronze for “Most Innovative.”

More than 600 companies competed for the awards, with more than 10,000 votes tallied. Finalists were selected by an expert panel, and the top five companies in each category were submitted to the “PYMNTS community” for voting. In addition to the Innovation Awards, the event recognized Phil Tomlinson of TSYS (also a Finovate alum) and Michael Joseph of Safaricom, inducting both into the PYMNTS Hall of Fame. Two women, Carey Kolaja, VP of Global Consumer Products for PayPal and Perse Faily, CEO of Tillster, were also recognized at the event. Apple took home the Innovation Award’s Catalyst Award for what MPD CEO Karen Webster called during the award ceremony, “creating a roadmap for the industry” with its ApplePay innovation.

The full list of winning alums is below. For more information about the Innovation Awards 2015, including the full list of all finalists, visit their page here.

Gold

First Data Featuring Clover Mobile
MasterCard – Best New Technology
OnDeck – Best Small Business Innovation

Silver

Bluefin – Best POS Innovation
CashStar – Best Prepaid Innovation
LoopPay – Best New Technology
Moven – Best Debit Innovation
Payoneer – Best B2B Innovation
Ripple – Most Disruptive
Venmo – Best Cash Innovation

Bronze

Bill.com – Best Check Innovation
LoopPay – Most Innovative
Klarna – Most Distruptive
Mint Bills – The NACHA Best Innovation in ACH
PayItSimple – Best Credit Innovation
PaySimple – Best Small Business Innovation
Visa Checkout – Best Comeback Story

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Finovate Alumni News: March 4, 2015

By David Penn Posted on March 4, 2015
Categories: Bionym, Braintree, CoinJar, CRIF, Finsphere, Fiserv, Flint Mobile, iQuantifi, On Deck Capital, PayNearMe, Ripple, Silanis Technology, Xero, Yodlee

SecureIDNews takes a look at the partnership between FinSphere and Visa.

Fiserv launches four new modules for its Financial Crime Risk Management platform.

iQuantifi wins “Best in Show” at Bank Innovation 2015 DEMOvation Challenge.

Silanis earns spot on KMWorld’s “100 Companies that Matter in Knowledge Management” list for 2015.

IT Business Edge interviews Flint Mobile CEO Greg Goldfarb.

American Banker considers the benefits of banks using Ripple.

Innovation in Finance interviews CoinJar at FinovateEurope in London.

Capital Bank’s OpenSky Puts CRIF’s CreditFlow & StrategyOne to the Test.

Inc: How OnDeck Plans to Make Alternative Lending a Blue Chip Business.

Inc. lists Bionym as one of 8 Canadian startups to watch out for in 2015.

Yodlee now provides data APIs to nearly 50 fintech applications and services in the personal wealth-management space.

Xero Introduces New Zealand Payroll.

Braintree expands its Asia-Pac operations into Hong Kong, Singapore and Malaysia.

PandoDaily: PayNearMe partners with Grameen America to help lift women out of poverty.

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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FT Partners Publishes Post-IPO Profile of Lending Club

By David Penn Posted on January 23, 2015
Categories: Lending Club, On Deck Capital

Now that the dust has settled on fintech’s biggest startup IPO ever, FT Partners has put together an extensive profile of Lending Club. Lending Club’s IPO last year was one of the major events that helped put fintech in the headlines of not just technology news, but business news, as well. And FT Partners’ report so far serves as the definitive document on just how the alternative lender did it and gives clues to what comes next.

The data-rich, 60-page document focuses mostly on Lending Club, though small business lender, OnDeck, is also covered. The review of Lending Club before, during, and after its public offering includes industry reaction as well as summaries of analyst coverage.

Key milestones in the rise of Lending Club are shown graphically, from its launch in 2007, through the company’s first $25 million institutional investment five years later. An industry timeline shows Lending Club’s place in the evolution of the alternative lending market (interestingly contrasted with a graph of the U.S. 10-year Treasury yield).

The report discusses Lending Club’s competitive strengths, opportunities for growth, and includes seven pages of loan statistics and another nine pages of financial analysis focusing on revenue and revenue comparisons.

Perhaps my favorite part is the 16-page section “Selected Alternative Lending Transactions.” Looking at the variety of financing, M&A, and other transactions in both the consumer and small business markets provides a robust sense of the history and diversity of the alternative lending space.

The full report is available here.

Financial Technology Partners is an investment banking firm dedicated to the financial technology sector. The company was founded by Steve McLaughlin and is headquartered in San Francisco, California.

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Alumni News– January 23, 2015

By David Penn Posted on January 23, 2015
Categories: Akimbo Financial, BankBazaar, Betterment, Bill.com, BlueVine, Encap, EZBOB, FutureAdvisor, Google Cloud Platform, Jemstep, Kreditech, LearnVest, MaxMyInterest, Mifos Initiative, Motif Investing, On Deck Capital, Personal Capital, SigFig, Toshl, TradeKing, Wealthfront

Internet Retailer looks at the relationship between product reviews and revenue courtesy of a new report from Baazarvoice.

Xero highlighted as “our best purchase of 2014” by Business Betties.

MakeMoneyYourWay profiles EZBOB and its new business loan promotion, the New Year’s Revolution.

Zee News’ Money Guru interviews Abhishek Dwivedi, vice president operations at BankBazaar.com.

Liverpool Echo features Toshl Finance in its list of must-have apps for busy moms.

Investopedia’s guide to choosing roboadvisors spotlights nine Finovate alums: Betterment, FutureAdvisor, Jemstep, LearnVest, Motif Investing, Personal Capital, SigFig, TradeKing, and Wealthfront.

Benzinga Fintech Awards publishes its video interview with Gary Zimmerman, CEO of MaxMyInterest.

American Banker covers OnDeck’s small business loan marketplace for institutional investors.

Pymnts interviews René Lacerte, CEO and Founder of Bill.com about how to simplify B2B payments.

Mifos welcomes new partners: SkooliLabs and iSystems

Google Cloud Platform releases beta of Google Container Registry for secure hosting, sharing, and management of private container repositories.

BlueVine Grabs $18.5 Million to Increase Small-Business Lending.

Encap Security CEO Thomas Bostrom Jorgensen asks if biometrics provide a “false sense of security” in a column for Bob’s Guide.

Akimbo Financial acquired by Payment Data Systems.

Kreditech Secures $200 Million Line of Credit.

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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Alumni News– January 21, 2015

By David Penn Posted on January 21, 2015
Categories: Akimbo Financial, AlphaPoint, Arroweye Solutions, Avoka, Azimo, BrightScope, Coinbase, CustomerXPs, Encap, EZBOB, iBillionaire, InComm, investUP, Kreditech, Malauzai Software, Mitek, Nostrum Group, On Deck Capital, PayPal, Roostify, StreetShares, TIO Networks, Tradeshift, TrueLink Financial, Wall Street Survivor, Yodlee

Your Personal Financial Mentor profiles EZBOB.

BrightScope releases AdviceMatch, a free online service to help consumer choose financial advisors.

OnDeck Marketplace emerges from pilot program. Platform helps institutional investors buy small business loans.

Venture Burn takes a look at Azimo and the West African remittance market.

Kreditech named Germany’s leading digital innovator of the year by Focus Magazine.

Arroweye Solutions CEO Render Dahiya urges issuers on EMV adoption.

Check out FinovateEurope 2015 Sneak Peek: Part 3.

Coinbase Raises $75 Million from BBVA, USAA, NYSE, & Others.

Millennial-focused BankMobile app is powered by Malauzai Software and uses Mitek to power mobile customer on-boarding.

Roostify describes its experience with Yodlee’s FinDat Disruptor program.

PayPal to use InComm to support PayPal’s digital gifts services in Canada.

Yale Undergraduate selects Wall Street Survivor to help students understand investing and personal finance.

Technical.ly/ Baltimore looks at how TIO Networks powers Baltimore’s online bill pay system.

Tradeshift wins Circular Economy Digital Disruptor Award held at the World Economic Forum in Davos, Switzerland.

CustomerXPs and EY, a tax advisory firm, partner to help companies deal with fraud.

iBillionaire updates mobile app & releases new High Dividend Index.

Payment Data Systems to acquire Akimbo for $3 million.

Be sure to check out FinovateEurope Sneak Peek #2 featuring AlphaPoint, Avoka, Encap Security, investUP, Nostrum Group, and StreetShares.

True Link Raises $3 Million in Round Led by Cambia Health Solutions.

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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Alumni News– December 23, 2014

By David Penn Posted on December 23, 2014
Categories: CashStar, Continuity Control, EVRY, Green Dot, Heckyl Technologies, Jemstep, Jwaala, Kashoo, Klarna, Larky, Lending Club, On Deck Capital, Silanis Technology, Sonavation, TradeKing, Xignite

The Tech Bulletin profiles Heckyl Technologies.

Sonavation announces acquisition of assets of Arkami.

Chelsea State Bank launches Larky-powered mobile app.

EVRY announces a four-bank, $160 million payments partnership.

Kashoo unveils version 4.1 of its cloud accounting and bookkeeping app for iOS.

Walmart to distribute GreenDot prepaid products in 2015.

BMO Financial Group’s deployment of Xignite Enterprise wins American Financial Technology Award.

IT Qlick takes a look at Jwaala Personal Financial Manager and roomMaster.

Klarna considers expansion to India.

CashStar teams up with Spafinder Wellness.

NY Times DealBook looks at disruptive startups in fintech including Lending Club, On Deck, and TradeKing.

Forbes.com column on how companies stand out from the crowd features Silanis Technology.

Jemstep to power Redhawk Online Advisor.

Continuity Control taps Peter Rawlinson as Chief Marketing Officer.

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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