The votes are in. The judges have decided. And 11 Finovate alums have earned awards at the 2014 PYMNTS.com Innovation Project, including three gold medals.
Finovate alums won awards in a diverse range of categories, from “B2B Innovation” to “Best Comeback Story.” Areas where alums dominated included “Best Credit Innovation,” where Credit Karma, Lending Club, and Klarna swept the field, as well as “Best Innovation via ACH” and “Best Check Innovation.”
The Innovation Project is “powered by PYMNTS.com,” a joint venture between BusinessWire and Market Platform Dynamics. The event is in its second year, and was again held at Harvard University in Cambridge, Massachusetts.
A total of 49 awards were presented. Gold, silver, and bronze in fifteen categories, plus singular Catalyst, Women Driving Innovation in Payments, Lifetime Achievement, and Best in Show awards.
Also announced were three inductees to the Payments Hall of Fame.
See how the rest of the Finovate family fared below.
Catalyst Award
- International e-commerce payments and money transfers
- Finovate demo video: Europe 2012
Gold
- Best B2B Innovation
- Cash flow management solution for business integrating electronic payments, accounting, digital documents, and more
- Finovate demo video: Spring 2012
- Best Credit Innovation
- Aggregates consumer financial data from bank accounts and credit scores to mortgage loans in one location
- Finovate demo video: Startup 2009
- Best Check Innovation
- Enables check payments without having to write paper checks
- Finovate demo video: Spring 2012
Silver
- Best Credit Innovation
- Online, peer-to-peer lender
- Finovate demo video: Startup 2009
- Best Cash Innovation
- Cash transaction network
- Finovate demo video: Spring 2013
- Best New Technology
- Open-source, distributed payment protocol
- Finovate demo video: Spring 2013
- Best Innovation via ACH
- Best Check Innovation
- Send money to a Venmo account, bank account or supported debit card for free
- Finovate demo video (with Braintree): Spring 2013
Bronze
- Most Innovative Company
- E-commerce solution mitigates credit and fraud risk for online merchants
- Finovate demo video: Spring 2012
- Most Disruptive Innovation
- Best Comeback Story
- Peer-to-peer lending
- Finovate demo video: Finovate 2007
- Best Innovation via ACH
- Solution leverages mobile device camera to enable check deposit, account opening, and bill pay.
- Finovate demo video: Fall 2013
AstroPay launches Ripple LatAm, a licensed money service business to use Ripple Labs’ payment network.
Finovate Alums LendingRobot and Wallaby 