Finovate Alumni News

On Finovate.com

  • MaxMyInterest Unveils Laser App Integration to Speed Onboarding
  • Finovate Debuts: Civic’s Identity Verification App Launches Public Beta
  • BlueVine Increases Maximum Credit Line, Appoints New Chief Revenue Officer
  • Capriza Raises $23 Million in Series C

Around the web

  • Mashable features P2Binvestor CEO Krista Morgan for something outrageous she said at FinovateSpring 2013.
  • Institutional Investor features entrepreneurs from 4 Finovate alums in the 2016 Tech-50 list of fintech technologists.
  • More Than 25 Financial Institutions Select Malauzai’s SmartwebApps for Desktop
  • Cortera appoints Bob Maguire as chief revenue officer.
  • Zopa names Ronen Benchetrit as CTO.

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

On Finovate.com

  • “Aire Receives Funding from Accion Venture Lab”
  • “Refund.me Brings its Air Travel Compensation Service to Business”
  • “Credit Sesame Launches SnapLoan, The Amazon One-Click for Consumer Loans”

On FinDEVr.com

  • “Envestnet | Yodlee Unveils its Risk Insight API”

Around the web

  • Global Debt Registry announces plans to bring loan-validation technology to marketplace lending industry.
  • CryptoCoinNews takes a look at recent funding for Stratumn, a blockchain development platform.
  • P2Binvestor teams up with independent adviser, MW Eaglewood Americas.
  • Locavesting profiles StreetShares, which in mid-May will begin lending to small businesses.
  • Crowdfund Insider interviews Cloud Lending CEO Snehal Fulzele.
  • Cachet Financial and Ingo Money renew partnership.
  • Ripple adds former HSBC payments executive and SWIFT board member, Marcus Treacher, as its new global head of strategic accounts.
  • LendKey announces it has underwritten, originated, and deployed more than $1 billion in capital to borrowers.

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

On Finovate.com

  • “Finovate, FinDEVr Alum News at Money20/20″
  • “Figo Announces New “Seven-Figure” Financing Round”

Around the web

  • Payoneer Selected by Amazon to Expand Cross-Border Payment Options in Select Countries.
  • Business Insider names Holvi, BehavioSec, Trustly, Meniga, and Klarna among the 12 hottest Nordic fintech startups.
  • Xero reaches 600,000 subscribers in 180 countries.
  • Tradeshift launches Tradeshift Risk, a solution to monitor and mitigate supplier risk.
  • ayondo launches first product in Singapore.
  • Crowdfund Insider interviews Krista Morgan, CEO and co-founder of P2Binvestor.
  • ACI Worldwide acquires payment gateway, PAY.ON.
  • Let’s Talk Payments interviews Tom Villante, CEO and co-founder of YapStone.
  • MainStreet features “simplified 401(k) robo-adviser” Blooom.
  • SavingAdvice.com reviews Motif Investing.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

 

Finovate Alumni News

On Finovate.com

  • Finovate Debuts: SayPay Combines Voice Recognition and Biometric Authentication

Around the web

  • ColoradoBiz talks with Entrepreneur of the Year finalist: Krista Morgan, CEO and co-founder of P2Binvestor.
  • TechCrunch column on bitcoin and the remittance market references Coinbase and TransferWise.
  • PYMNTS.com highlights OnDeck, Lending Club, and Prosper in its look at the changing relationship between banks and alternative lenders.
  • Business Insider: SocietyOne thinks Australia is big enough for a bunch of small players.
  • TradeHero parent partners with the Singapore Exchange (SGX) to launch the SGX StockWhiz 2015 contest.
  • Bitbond, Wealthfront, and TrueAccord listed among six rising fintech startups.
  • Lendio-powered Staples business loans surpasses $1 million in funding for 43 SMBs across the U.S.
  • Quisk short-listed for Red Herring’s Top 100 North America award.
  • Fox Financial Planning Network picks Jemstep’s Advisor Pro as automated investment service platform for its AdvisorTouch Symphony program.
  • The Hanover Insurance Group teams up with Identity Theft 911 to provide businesses with better defense against data breaches.
  • FearlessMen.com reviews small business lender, EZBOB.
  • etcAndroid spotlights Toshl Finance Budget and Expense app 1.7.21.
  • FundSERV to integrate e-SignLive from Silanis into its eDOCS solution.
  • Mitek to acquire IDchecker, a global identity verification solutions provider.
  • Oink featured in USA Today’s list of five financial musts for college grads.
  • Accredited Investor Markets interviews DarcMatter CEO Sang Lee.
  • Kabbage partners with Sage payment solutions to launch Sage small business loan powered by Kabbage.

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

On Finovate.com

  • DRAFT, Fidor US, Roostify to Present Solutions at Yodlee Ynext Incubator
  • $680 Million Raised by 29 Alums in Q1 2015

Around the web

  • BizJournals lists BancVue as one of Austin’s Best Places to Work in 2015.
  • American Banker interviews James Varga, CEO of miiCard, on sharing identity information.
  • Motif adds new trading alerts.
  • P2Binvestor selected as new network company by Blackstone Entrepreneurs Network Colorado (BENCO).
  • MaineBiz takes a look at CashStar and its new offices in downtown Portland.
  • Mountain America rolls out its new biometrics login technology courtesy of EyeVerify.
  • Fuze Networks acquires LiveMinutes’ online workspace platform.
  • Jwaalla celebrates signing its 100th credit union client, Palisades FCU.
  • Business Insider looks at how Klarna and its one-click payment technology could help save the newspaper business.
  • Reid Hislop tapped as new chief marketing officer at Avoka.
  • Inc. Magazine features ID.me CEO Blake Hall in a column on veteran entrepreneurs.
  • Equities.com talks crowdfunding and real estate with Jason Fritton, Patch of Land CEO.
  • Financial News interviews Ripple CEO, Chris Larsen on the future of the financial infrastructure.
  • SocietyOne has originated more than $30 million on its platform since launching in 2011.
  • Prosper announces record first quarter, with $595 million in loans through the platform, up 200% from Q1 2014.
  • WattzOn to help Montana residents save on energy expenses via the Bozeman Energy Smackdown.
  • Larky selected by the Kentucky Bankers Association to provide mobile local rewards program for member banks.

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.

Alumni News– January 6, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAccounts Receivable Management takes a look at Global Debt Registry.
  • Moven launches budgeting app on Motorola Moto 360 and Samsung Gear smartwatches.
  • TSYS names Thomas Boyer president of TSS Merchant Solutions.
  • Paymentandbanking.com recognizes Kreditech as FinTech Startup of 2014.
  • St. Louis Biz Talk quotes Malauzai Software’s Robby Ganer in a column on what to expect from mobile banking this year.
  • Gift cards from CashStar to be integrated into eBay Marketplace and PayPal Digital Gift store.
  • Fidor Bank plans for U.S. launch with undisclosed local bank partner.
  • Silicon Republic profiles senior Java developer at Fenergo, Sheila Fernandez.
  • FinovateEurope early bird deadline extended through this Friday, January 9. Lock in your spot and we’ll see you in London.
  • Ukraine-based Settle launches restaurant pre-order app in San Francisco.
  • Personal Capital now manages $1+ billion in investments for clients. It tracks $120 billion for 700k registered users.
  • Northpointe Bank hires Insuritas to power its insurance agency.
  • P2Binvestor names Krista Morgan CEO.
  • Bluefin Payment Systems announces its PCI-validated, point-to-point encryption solution, PayConex, is now certified for mobile payments.
  • Jilliene Helman, founder and CEO of Realty Mogul, earns a spot on Forbes’ list of “30 Under 30 Rising Stars of Enterprise 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.

Alumni News– November 26, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSpend Matters features P2Binvestor and its crowdfunding approach to providing credit to small businesses.
  • POTs and PANs looks at biometric authentication innovators, EyeVerify, BehavioSec, and BioCatch.
  • Best Advice explores EZBOB’s strategy to attract SMEs to online lending.
  • Bank of Internet USA to deploy IntelliResponse virtual agent technology.
  • First Annapolis’ The Navigator Newsletter interviews Sebastian Siemiakowski, CEO of Klarna.
  • Fastacash, Heckyl Technologies, Kabbage, Linkable Networks, and Nomis Solutions named to Red Herring Top 100 Global.
  • Investor Intel mentions Patch of Land and Realty Mogul in column on helping baby boomers participate in real estate crowd funding.
  • Azimo to join London mayor Boris Johnson’s trade mission to Malaysia and Singapore.
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.

Alumni News– November 7, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgP2Binvestor marks milestones in new credit lines, purchased invoices.
  • MasterCard announces acquisition of Payment Gateway Services business from TNS.
  • Andover Bank to deploy Precision core processing platform and other solutions from Fiserv.
  • Jack Henry Banking’s Symitar division partners with Stickley on Security to bring SoS Advisor to its core credit unions.
  • Josh Alexander, CEO of Toopher, named “Top Techpreneur” by Austin Business Journal.
  • eWeek looks at Concur’s ecosystem for app development.
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.

P2Binvestor Marks Milestones in New Credit Lines, Purchased Invoices

Thumbnail image for P2BiLogo.jpg

P2Binvestor, the Denver-based crowdfunding platform, announced today that it reached two major milestones this week. The receivables-secured SME lender has originated more than $10.5 million in lines of credit to 19 clients, and purchased more than $24 million in invoices since May.

At this pace, P2Binvestor believes it will reach $35 million in credit lines extended by the middle of next year. “Crowdlending is perfect for younger, fast-growing companies that need a good chunk of working capital to get to the next growth stage,” said P2Binvestor President Krista Morgan.

P2Binvestor offers SMEs four different financing produts: an asset-backed line of credit, a future contractual revenue-secured line of credit, a purchase order product and receivables-purchase financing. Borrowing amounts range from $25,000 to $5 million, and eligible companies are B2B, with at least one year of operating history and a minimum of $1 million in annual revenue. Rates range from 1-2%.
“We can provide larger credit lines and better rates and terms than typical online lenders,” Bruce Morgan, CEO and co-founder said. He added that at the same time P2Binvestor has great relationships with banks because they help their clients become better clients. “We finance their clients when they cannot, then release those clients from our contract with no penalties when the bank is ready for them,” he explained.
Founded in February 2012, P2Binvestor funds a wide range of businesses. A June funding announcement from the company, for example, featured an education software company, a field services provider for companies in the oil and gas industries, and a natural foods maker. “Even good companies may not qualify for bank financing,” Morgan said. “We have products to help you grow to the point where you are bankable.”
P2Binvestor was last on the Finovate stage in September as part of FinovateFall. The company demoed new borrowing and loan management features of its platform.

Alumni News– October 13, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCompass Plus announced that its TranzWare e-Commerce authentication solution supports American Express SafeKey.
  • NewsRepublic features Toshl Finance in its roundup of five apps to help you organize personal finances.
  • P2Binvestor signs $1 million revolving line of credit from New College Capital Ltd of London.
  • InComm announces partnership with Virginia Department of Transportation to launch E-ZPass Reload Cards.
  • Xero earns number one spot in annual BRW Most Innovative Companies list.
  • eToro adds native Android sharing to its update of OpenBook for Android.
  • Silanis launches new partnership with AgencyPort Software.
  • eSeller features Boku in its review of top payment apps.
  • Misys inks deal to bring Russia’s Cinimex into its InFusion Partner Programme.
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.

Crowdlending Platform P2Binvestor Introduces New Borrowing, Loan Management Functionality

P2BInvestorLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

The team from P2Binvestor is making its way to the stage next. The company is a peer-to-business (P2B) crowdlending platform that provides better lending options to growing businesses and new investment vehicles for accredited and institutional investors.

“P2Bi is demoing a new borrower dashboard and application process that integrate with QuickBooks Online and streamline the borrower’s path from application to funding. The new functionality allows borrowers to automatically sync financials with their application, sync recurring financial data needed for underwriting and ongoing account analysis and submit invoices for funding. P2Bi is also demoing new underwriting functionality that creates efficiencies for underwriting and account management processes.”
Presenting: Gabriella Krista Morgan (President & Co-Founder) & Clay McIlrath (CTO)
P2BInvestorHomepage_LiveBlog
Product Launch: TBD
Metrics: Money raised to date: $2M; employees: 13, users: 182 crowd investors and 15 clients; investor earnings range from 7-15%, lending portfolio: $7M, invoices purchased: $13M
Product distribution strategy: Direct to Business (B2B), partners, referrals, digital marketing
HQ: Denver, CO
Founded: February 2012
Website: p2bi.com
Twitter: @p2binvestor

FinovateFall 2014 Sneak Peek: Part 7

FinovateFallWithDateLogo

In the final FinovateFall Sneak Peek of our series, we’re showcasing nine companies: eMoney Advisor, Finovera, Luxoft, Minetta Brook, P2Binvestor, SAS Games, SelfScore, Sender, and Top Image Systems

These companies are coming to the Finovate stage in New York from all over the globe to showcase their newest fintech on September 23 and 24. Tickets are going fast; get yours here to be a part of it.
Want to see more of what to expect at FinovateFall? Here are some companies you may have missed:

eMoneyLogo

With eMoney Advisor, if you’re a salesman with a practice selling products, it’s not for you. eMoney is built for advisors running a business based on relationships.

Features:
    • With EMX, you’ll work smarter, not harder
    • Integrations and ease of use are the future
    • eMoney’s latest technology will define advisor success
Why it’s great:
With so many enhancements, it’s easy to focus on eMoney’s features–but it’s more important to remember the benefits: eMoney solidifies the advisor/client relationship.
ChadeMoney

Presenters:

1) Chad Porche, Senior User Interface Designer  
Kyleemoney

2) Kyle Wharton, Director of Business Development  


FinoveraLogo

Finovera is transforming Online Bill Pay into holistic personal financial management with eBills and payments at its core designed for banks and credit unions.

Features:
    • Receive, view and pay all bills – on bank site
    • Enables bill pay with credit cards – Banks get paid for offering Bill Pay
    • Great user experience – simple, convenient, attractive and mobile
Why it’s great
Transform your bill pay from cost center into revenue center

PurnaFinovera

Presenters:

1) Purna Pareek, Founder and CEO
Pareek is a serial entrepreneur and CEO of the company. He founded Finovera to bring simplicity, efficiency and convenience to household bill and information management.
2) Amanda Zepeda, Marketing Manager  


LuxoftLogo

Luxoft’s Horizon is a cutting-edge data visualization framework for financial institutions. It enables executives to quickly identify and resolve problems in multiple domains such as risk and regulation.

Features:
    • A fast and intuitive access to data
    • Ability to collaborate across roles and teams
    • Radically shortens the decision-making time
Why it’s great:
Horizon – executive dashboards that give you back control. There is no need to hide.
pberendtLuxoft

Presenters:

1) Przemek Berendt, Global Marketing Vice President
Global Marketing Vice President at Luxoft (NYSE: LXFT) responsible for its B2B, B2E, and CSR strategies. Berendt led Luxoft’s winning presentation at Finovate London 2014.
aresufabriceimg

2) Fabrice Aresu, Head of Business Support Group

Aresu is Luxoft’s Horizon Product Manager, focusing on Advanced Data Visualization; he worked 15 years in Finance & Risk software, at Thomson Reuters and Oracle.





MinettaBrooklogo

Minetta Brook’s KNEWSAPP allows trading and investment professionals to take advantage of news related market inefficiencies by surfacing tickers, topics, and stories that are currently developing in the news.

Features:
    • Track news, blog & tweet VELOCITY around your portfolio tickers, in real-time
    • Use its linguistics based STORY SCORES to prioritize what you read
    • Get to key active topics quickly, with STORY DNA
Why it’s great:

Track news, blog and twitter stories as they develop, well before they become headlines.
MinettaBrook1

Presenters:

1) DB (Deepak) Bharadwaj, Founder & CEO
Technology pioneer at Microsoft & Sun. Built and ran multiple multi-hundred million dollar businesses. Over 20 years of technology expertise with specialty in operations & turnarounds.
MinettaBrook2

2) Viplav Nigam, Head of Engineering

Built & ran NASDAQ’s trading system. Developed ultra low latency news feeds for trading at RTT News. Over 20 years of financial technology experience.





P2BinvestorLogo

P2Binvestor (P2Bi) is a crowdlending platform for receivables-backed working capital that is supported by a crowd of accredited investors.

Features:
    • Integrates with QuickBooks Online (API sync)
    • Streamlines the online application and lending process
    • Facilitates better account management and underwriting
Why it’s great:
P2Binvestor makes it really easy for borrowers to apply, get funded, and grow their credit line as their business evolves. Up to $5MM available.
kristaMorganp2bi

Pressenters:

1) G. Krista Morgan, President and Cofounder
Morgan has an extensive background in digital marketing and account leadership for blue-chip brands at some of London’s top interactive agencies. COO for P2Binvestor since 2012.
claymcilrathp2bi

2) Clay McIlrath, CTO

McIlrath is a seasoned technologist with more than a decade of experience developing software applications and working with start-up companies. 



SASGamesLogo

SAS Games’ TiViTz College $avings Game-a-thon is a fully automated, easy-to-use, market-disrupting, patent-pending, activity-based fundraising tool for children’s college savings.

Features:
    • Complements existing financial savings vehicles
    • Creates new college savings accounts and relationships
    • Enhances CRA outreach and provides a marketing tool for consumer and business banking 
Why it’s great:
The Game-a-thon provides families a solution to afford higher education by significantly increasing children’s savings, while improving their math skills and financial literacy.
SASiobhanmullen

Presenting:

1) Siobhan Mullen, CEO
Former aerospace executive and Special Adviser to the NASA Administrator, experienced high-tech entrepreneur in launch services, satellite communicatio
ns and data distribution.
SASstevescully

2) Steve Scully, President

Serial entrepreneur and investor with a focus on children’s education through games, inventor of the TiViTz educational games and tournaments.

SelfScorelogo

SelfScore is a disruptive consumer analytics solution that supplements FICO scores and informs a wide array of data-driven decisions.

Features:
    • SelfScore measures consumers in better ways using more information
    • Online profiles, phone data, and questions inform the score
    • Providing insights to users and contextual information to businesses
Why it’s great:

SelfScore uses a proprietary algorithm to attain a more timely and accurate picture of consumer behaviors that benefit both consumers and businesses.
KalpeshScore

Presenters:

1) Kalpesh Kapadia, Co-Founder and Chief Executive Officer
Kapadia’s professional career in finance and technology spans 20 years. Before co-founding SelfScore, managed Equanum Capital, a technology fund, from 2007 to 2012 and was the WSJ #1 Analyst in 2005.
MichaelSelfScore

2) Michael Hallinan, Co-Founder and Chief Product Officer

Hallinan’s professional career spans more than 12 years of strategic innovation. Before co-founding SelfScore, he worked at U.S. CyberCommand and consulted Wall St. firms while at Booz Allen Hamilton.

SenderLogoNew

Sender is the first messenger for businesses, enabling direct chat communication with customers. Sender – like Google’s Search Bar with endless possibilities. Sender – the last and only app.

Features:
  • Creates 2-way communication of business with customers like in usual chat
  • Provides possibility for businesses to create business processes without developers and endless softwareApps updates
Why it’s great
People communicate with each other via chats with similar interfaces. Businesses communicate with people via apps with various unique interfaces and user experiences. 
SenderK



Presenters:

1) Kristina Chaiykovskaya, Department Head of E-business in PrivatBank
Sender2

2) Maria Gurina, Liqpay Business Development Manager at PrivatBank 

Sender3

3) Egor Avetisov, Creative director at Sender 


TopImageSystemsLogo

Top Image Systems’ next-generation mobile image capture and processing solutions, like GlassCapture, are designed to make account opening, bill payment and other mobile-initiated process simple and fun!

Features:
    • Optimal user experience leads to customer loyalty
    • Upfront validation ensures the image is correct 
    • Perfect image capture enables straight-through processing in the backend
Why it’s great:
FIs that establish a reputation for mobile innovation are likely to benefit in the future from greater market share and more loyal customers.