PayNearMe
Alumni News — Week of May 30, 2011
- doxo explained how to use its online filing cabinet and “due date” alerts to help organize GroupOn, Living Social, and other daily deals. Link
- TheFinancialBrand.com discussed Oregon Federal Credit Union’s use of doxo and discussed other usage ideas such as uploading a scan of your passport prior to travelling. Link
Link
Cash is Still King at PayNearMe
- You do not have a credit or debit card (24% of U.S. households)
- You prefer to pay with cash (most teens and 54% of adults)
- You do not want to divulge personal information online
- You would like to repay a loan with cash
- Gift card amount
- Email address
- Zip code
- Password

Alumni News — Week of May 23, 2011
Aptys Solutions
Aptys Solutions signed with Banker’s Bank, a top check depositor with the Federal Reserve Link
Backbase
Backbase to host webinar on how to use social media in financial services Link
Betterment
- Betterment announced a growth of over $10M under management and over 4000 customers in first year Link
- Betterment celebrated its first birthday Link
Bill.com
Bill.com is working to improve its mobile offering for small and midsized businesses Link
Boku
Mobile Entertainment explained how Boku will revolutionize pay-by-mobile for digital goods Link
Capital Access Network
CNBC explained how Capital Access Network solves the need to use financial creativity Link
Credit Karma
WiseBread Blog interviewed Credit Karma CEO Link
doxo
- doxo’s first fan video was posted online Link
- Oregon employees were the first to give its members doxo’s online file cabinet Link
- TechFlash highlighted the benefits of using doxo to achieve paperless business Link
- 2Minute Finance interviewed doxo at FinovateSpring Link
Dwolla
- Dwolla was listed by inc Tech as one of three startups you must know from Big Omaha Link
- Credit Union Times listed Dwolla as a new P2P service rivaling ‘bank giants’ Link
edo Interactive
MyBankTracker interviewed edo Interactive COO about its Prewards service Link
Expensify
Slate explained how Expensify will help the ‘frequent flier’ Link
Kabbage
Technorati described how Kabbage works with eBay Link
Lending Club
- Mint.com’s blog covered what you need to know about Lending Club Link
- San Francisco Business Times commented on Lending Club’s strong backing from both investors and lenders Link
- San Francisco Times reported that Lending Club stated it is not planning to go public for several years Link
LendingKarma
Entrepreneur featured LendingKarma as a good tool to use when borrowing money from family or friends Link
Lendio
San Francisco Chronicle reported that Lendio offers funding opportunities for new grads Link
Lodo Software
Lodo Software was described as a startup providing jobs in the “Silicon Prairie” region, a.k.a. Omaha Link
Monitise
Monitise released a report predicting that the majority of consumers will use mobile money services within the next three years Link
Mortgagebot
Mortgagebot reached 1000 clients, one of its goals from the beginning Link
PayDivvy
2MinuteFinanced interviewed PayDivvy about its services Link
PayNearMe
BillShrink examined PayNearMe’s cash payment service Link
peerTransfer
Mass High Tech interviewed Iker Marcaide from peerTransfer about becoming an entrepreneur Link
ProfitStars
ProfitStars announced a new version of Margin Maximizer that’s now available as a hosted solution Link
Robot Dough
2MiniuteFinance toured RobotDough’s demo during interview at Finovate Spring Link
SecondMarket
- Wall Street Journal stated that SecondMarket helped fuel the tech boom Link
- CNBC interviewed SecondMarket for an explanation of the change in trading numbers Link and Link
Smarty Pig
Smarty Pig launched new sharing features, including activity sharing and goal sharing Link
Striata
Striata will host a June 2 webinar for implementing successful ebilling strategies Link
ThreatMetrix
San Francisco Chronicle covered ThreatMetrix’s research around mobile transaction activity Link
TILE Financial
TILE Financial released a Financial Identity Profile to strengthen the connection between advisors and under-30 consumers Link
TradeKing
TradeKing divulged the lineup of its free webinars in June Link
Tyfone
Tyfone won 2010 Asia Pacific Smart Card Association Award for its NFC innovation and implementation Link
Wikinvest
Dow Jones Advisor highlighted Wikinvest as a way to analyze portfolios Link
Wonga
- Wonga won 2011 Red Herring Top 100 Europe Award for exceptional accomplishments Link
- Wonga won the Media Momentum Awards, a coveted award for digital media companies in Europe Link
- Wonga’s Errol Damelin discussed consumer-centric credit Link
Xero
- Diversity Limited commented on Xero’s move to the US markets Link
- Xero and Keebo teamed up to help you manage and process receipts Link
- New Zealand Herald commented on Xero’s surging revenue Link
Zecco
- The Wall Street Journal reviewed Zecco’s new Facebook app Link
- Zecco launched an app for stock trades & viewing realtime market data on Facebook Link
Zopa
Zopa shows how it helps consumers protect against inflation Link
Alumni News: Week of May 2 and May 9
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Backbase
Backbase will provide TCS Bank in Russia with a website integration solution through Bank 2.0 Portal. Link
Bill.com
Bill.com rolled out Sage Peachtree Sync, software for controlling bill payment and management. Link
BrightScope
BrightScope released its second annual list of the Atlanta-based companies with the best 401k plans. Link
CashEdge
CashEdge expanded Popmoney service by adding Popmoney for Prepaid. It also announced a partnership with TxVia. Link

Check Point Software Technologies
Check Point was listed on Acadian Asset Management’s Top 15 Buys list. Link
Cortera
Cortera announced a new version of its PULSE app, a customer monitoring service. The new version will add Growth Clues alert. Link
DebtGoal
DebtGoal hired Igor Vaks, former Experian CIO, as new COO. Link
eToro
eToro emerged as the preferred platform for building forex wealth through web trading. Link
Expensify
Expensify advertised on giant billboard in the Bay Area. Link
Fiserv
Fiserv announced improvements to its Relationship Rewards. Link
ID Analytics
CoreLogic partnered with ID Analytics to integrate ID Network with LoanSafe Fraud Manager. Link
ID Analytics will host Advance 2011, its 9th Consumer Risk Management Conference, this September. Link
IP Commerce
IP Commerce recently raised another round of funding. Link
Lending Club
Lending Club issued a record high of $17.5M loans in April. It is the 4th record month in the past 5. Link
Lending Club won Webby Award for the Banking/ Bill Paying category. Link
Mint
Mint won Webby Awards for the Financial Services category. Link
MoneyAisle
Mone
yAisle launched live auctions for unsecured personal loans to help consumers across a wide range of credit scores. Link
PayNearMe
PayNearMe raised $16M in funding from new and current investors. Link
Plastyc
Plastyc won a patent for improved online payment methods. Link
Prosper
Prosper increased loan volume by more than 50% compared to 3 months ago, issuing over $5M in new loans in April. Link
Yodlee
Yodlee is looking into developing mobile apps with new “FinApp Store” strategy. Link
Weekly Updates — Week of November 15, 2010
To see Finovate news updates in real-time, follow our feed on Twitter.
FinovateFall 2010 Demo Videos Now Available
We’re pleased to announce that the demo videos from FinovateFall 2010 are now available for free download (or immediate consumption) from the Finovate archives.
This fall’s NYC conference showcased 56 handpicked companies doing 7-minute demonstrations (no slides allowed) of their latest technology innovations to a sold-out audience of 650 financial & banking executives, venture capitalists, press, analysts and entrepreneurs.
Check out these cutting-edge ideas in financial, banking, payments, mobile, lending, investing and security technologies today for inspiration and your next edge on the competition!
(P.S. If you’re interested in joining us at the next Finovate event, tickets are now on sale for FinovateEurope (Feb, 1, 2011 in London). It is going to be an amazing showcase of European and global fintech innovation!)
Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at [email protected].
Finovate Fall 2010 Best of Show Winners Announced
It was an incredible two days in NYC (Oct. 4&5) as we witnessed 56 new
products, services, and features debut on the big stage. Of 56 live
demos, there were a few slow connections, an occasional timeout, a
missed download or two, and a few lost seconds waiting for mobile
screens to refresh, but only one that we had to completely restart. So, overall it went very smoothly.
And the packed house had a great time, found a number of things they could take back to their own companies, and made some great connections (at least that’s what they told me anyway).
At
the end of each day, attendees voted on three “Best of Show” demos from
the 28 just seen. Then, at the end of the conference, we ranked
all 56 companies based on this audience vote (see notes). The top seven were named Best of Show.
Every company that presented was named Best of Show by some portion of the audience. But the ones that ended on top are as follows (in alphabetic order):
Congratulations! And thanks to everyone that presented, sponsored, attended and followed the #finovate tweets. If I ever recover, I look forward to writing more about where this is all headed.
——————————
Notes on methodology:
1.
Only audience members not associated with demoing companies
were eligible to vote. Finovate employees did not vote.
2. Because a different number of ballots was cast each day, we ranked the demos based on the percentage of ballots voting for each presenter.
3. The exact written instructions given attendees:
“Please
rate (the companies) on the basis of demo quality and potential impact
of the innovation they demoed. PLEASE CIRCLE ONLY THREE”
FinovateFall 2010 Demo Lineup Revealed
We’re very excited to reveal the 56 cutting-edge companies that have been selected to demo their latest technology innovations on October 4 and 5 in New York City at FinovateFall.
Over the show’s two days, attendees will get to watch the future of fintech and banktech unfold on stage via fast-paced demos (28 each day) from these innovators. And then have a chance to interact with top executives from each of the demo companies during intimate networking sessions.
Without further delay, here’s the list of companies we’re excited to showcase:
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If you’re interested in attending the conference, registering now will save you $100 on your ticket via the early-bird discount and reserve your spot (space is limited and we’re expecting to sell out). We’ll see you in New York!
Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at [email protected].