Celebrate Canada Day with Our Alums from the Great White North


July 1st is Canada Day, the day Canadians from Nova Scotia to British Columbia and all the provinces in between celebrate the day the country we know as “Canada” was officially formed as a single nation within the British Empire.

So if you’ve got room in your schedule for one more Canada Day Celebration, then please join us in spending a little time celebrating with a score of Finovate alums that are driving fintech innovation in and out of “the Great White North.”

And a special Canada Day shout-out to Finovate partner, the Canadian Trade Commissioner Service, which supports Canadian startups through mentorship and access to U.S. partners and investors.

Finovate Alumni News

Around the web

  • Market Prophit unveils its social market sentiment smart beta index.
  • Silicon India takes a look at Ayasdi’s plans to use the capital raised in its latest $55 million funding.
  • Financial Advisor IQ highlights Betterment and Motif Investing in its discussion of millennials and machines.
  • QuantConnect is now integrated with Interactive Brokers.
  • ProfitStars celebrates surpassing 600 FIs using its Remote Deposit Anywhere technology.
  • FIS wins Best Core Banking, Best Outsourcing Project honors at Asian Banker Technology Implementation Awards.
  • TechCrunch: Yodlee’s Joe Polverari writes about LearnVest and its acquisition by Northwestern Mutual.
  • ABC’s 7 On Your Side quotes IDTheft 911 founder Adam Levin on protecting your driver’s license from identity theft.
  • Connect Financial Software Solutions to provide real-time, P2P payments courtesy of new partnership with Acculynk.
  • Cortera announces new releases of eCredit Software.
  • Zoho partners with Forte Payment Systems to offer electronic payments directly with Zoho Finance apps.
  • Dexterity Ventures’ Place2Give releases GIVE_api v. 2.0.
  • Pymnts interviews SimplyTapp president and co-founder Ted Fifelski.
  • PayPal to be publicly traded on NASDAQ in Q2 2015 with its original stock ticker symbol PYPL.

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

Around the web

  • Xero’s new feature helps businesses manage their data with a new dashboard that displays a variety of benchmarking metrics.
  • Pymnts talks with Eric Remer, founder and CEO of PaySimple, about its holistic payments solution.
  • Taulia launches mentorship program for women.
  • iSignthis inks agreement with SolidTrustPay to provide identity and authentication services.
  • MasterCard acquires Applied Predictive Technologies (APT) for $600 million.
  • Business Solutions profiles security specialist, Arxan Technologies.
  • The Economist features MaxMyInterest, a solution for “yield-hungry savers.”
  • Nasdaq’s Street Authority contrasts Vanguard with “robo-advisers” including Betterment, FutureAdvisor, Motif Investing, and Wealthfront. Join Vanguard in San Jose in May for FinovateSpring 2015.
  • Place2Give launches Nepal Relief Fund.

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– December 12, 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.jpgQuantopian to offer fundamental equity data from Morningstar.
  • MicroStrategy to provide analytics solution to help developers build biometrical secured analytics solutions.
  • Banking Technology takes a look at the relationship between BBVA Compass and Dwolla.
  • Cointelegraph interviews AlphaPoint CEO Vadim Telyatnikov. See AlphaPoint at FinovateEurope 2015 in London.
  • Sedicii wins EY Startup Challenge. Come see them at FinovateEurope in February.
  • Forbes interviews Jacob Hansen, CrowdCurity co-founder.
  • Lifehacker awards Google Cloud with best cloud computing provider of 2014.
  • Check out the Finovate and FinDEVr alums listed in Currency Cloud’s list of hottest fintech companies.
  • FreeAgent selected by Lloyds Banking Group for new SME toolbox.
  • In 2014, VerifyValid eChecks delivered $370+ mil in payments to 100k+ payees, an increase of 20k registered users.
  • Finovate Debuts: TickSmith’s TickVault and FixVault Help FIs Put Their Big Data to Use.
  • Place2Give partners with Give A Mile to help them process cash donations.
  • VentureBeat interviews AppAnnie CEO, Bertrand Schmitt.
  • Apple Store Online Now Accepts PayPal In U.S. And U.K.
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– July 23, 2014

  • Finovate-F-Logo.jpgTaulia raises $27 million in series D funding.
  • CU Service Network partners with Insuritas to generate fee income for credit unions.
  • Cachet Financial Solutions partners with top five commercial bank in the U.S. to implement a prepaid mobile platform for supermarket chain.
  • BioCatch raises $10 million in Series A round. See them demo at FinovateFall 2014.
  • Malauzai Software partners with Trusteer to bring mobile security solutions to Customers Bancorp. Join Malauzai in New York in September for FinovateFall.
  • Place2Give launches MyPlace2Give.com to enable individuals to set up their own charitable giving fund.
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 — March 25, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgEleven Finovate alums win awards at PYMNTS Innovation Project 2014.
  • Bazaarvoice announces partnership with Spredfast.
  • TechCrunch: Wealthfront, OnDeck, Lending Club, Credit Karma, Betterment, and Kapitall “come of age.”
  • CMS Wire reviews Backbase’s customer experience platform.
  • Top Image Systems’ eFLOW to process the digital census of a country in EMEA in a deal worth more than $1 million.
  • Place2Give releases GIVE-API to provide access to its database of charities as well as its payment processing tech.
  • SmartAsset raises $5.2 million in series A funding. Come see their live demo at FinovateSpring next month in San Jose.
  • Netherlands Queen Maxima visits Entrepreneurial Finance Lab (EFL) to see its psychometric credit scoring methodology in action.
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– December 2, 2013

  • Finovate-F-Logo.jpgPlace2Give partners with GivingTuesday Canada to promote giving this holiday season.
  • PlayMoolah launches WhyMoolah in collaboration with DBS Bank.
  • FinanceIt welcomes Katie Robinson, VP of Strategic Innovation at FIS, and Mark Johnson, former vice chairman of CheckFree to its board.
  • In Xconomy post Yodlee CEO Anil Arora explains how financial apps will make people smarter & more open about money.
  • Temenos announces T24 implementations in three Ghanian FIs.
  • LICUOS featured in International Banker column on supply chain financial management.
  • Oanda announces first upgrade to its recently acquired social trading service, Currensee.
  • Mint, Manilla, Expensify, and SavedPlus listed among MyCurrencyTransfer’s “Top 10 Money-Saving Apps.”
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– October 7, 2013

  • Finovate-F-Logo.jpgHydrantID selects Authentify’s Services to Strengthen Online SSL Certificate Delivery.
  • The Dexterity Ventures’ Place2Give team describes its time at FinovateFall 2013.
  • EBG Podcast interviews Taulia about dynamic discounting and common misunderstandings.
  • BellaDati launches version with extended social networking capabilities, HANA platform connector, & 15 new stat functions.
  • Nous Infosystems signed with Kony’s partner program as a strategic reseller and implementation partner.
  • Affinity Solutions joins CardLinx Association as launch member.
  • Support for its PaySecure International solution growing in Indian e-commerce market, says Acculynk.
  • FIS launches first cloud-based, real-time, core banking utility for Central and Eastern European mid-tier banks.
  • Arroweye Solutions announces launch of EMV (Europay/MasterCard/Visa) On-Demand.
  • Prepaid Resources forms wholly-owned subsidiary, Trefoil Technology, LLC.
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.

Place2Give Debuts Advisor Toolbox to Provide Charitable Giving Guidance

This post is part of our live coverage of FinovateFall 2013.


Next, Place2Give showcased how its tool can help advisors provide charitable giving guidance to their clients:
“The Advisor Toolbox uses proprietary algorithms to help financial and legal advisors provide additional fee value by reducing the research time taken to help clients achieve their charitable giving strategies. 
Our FinovateFall demo includes the client profiling tool, charity search and client typology matching, charity research, and the day-to-day management of a client’s charitable giving (including the scheduling of disbursements and tax receipts). The Toolbox can be incorporated into a client’s existing CRM or wealth advisory software.”
Product Launch: Spring 2013
Metrics: North America’s largest and most current charity search engine with a database of 1.6M+ North American charities profiled against 3 different donor typologies and incorporating 9 independent data sources. 6 employees, 4 contractors on retainer, and 3 students. No VC backing. Began generating revenue in 2012 through the sale of research, data, and the Advisor Toolbox. 
Product distribution strategy: Direct to Business (B2B), Reseller initiatives, & Data licensing.
HQ: Calgary, AB, Canada
Founded: June 2010
Twitter: @Place2Give
Presenting Gena Rotstein (Chief Conversationalist & Founder) and Ryan Bengtson (Developer)
The full demo video will be available at finovate.com in mid-September.

FinovateFall 2013 Sneak Peek: Part 1


On September 10 and 11, Finovate will return to New York for FinovateFall 2013.

70 companies will take the stage to present their latest technologies, including many that will be making their Finovate debut.

In the weeks leading up to our September event, we’ll help you get to know the innovators and entrepreneurs who will be demoing in New York. Today’s installment introduces our first set of fintech presenters: CR2FinanceIt/CommunityLend, Financial Guard, FlexScore, Interactions Corporation, Place2Give, QuarterSpot and Socure.
Want to join us in New York in September? Get your ticket to FinovateFall 2013 here.

Thumbnail image for logo-cr2-mediapack.jpg

CR2 is a leading multichannel banking software provider with a focus on innovation.
  • A never-seen-before customer experience at the ATM
  • Customized and interactive banking
  • Meaningful revenue driver for the bank
Why it’s great: ATM usability inspired by kiosk and mobile practices for both customers and non-customers.
Martin Dolan, CEO, CR2


FinanceIt/CommunityLend allows businesses to offer consumer financing to their customers anywhere.
  • Photo ID scan for instant approval
  • iPad app
  • Consumer-facing loan application for pre-approvals
Why it’s great: FinanceIt will be live in the U.S. Q1 of 2014 and is actively looking for partnerships with merchants and lenders.
Michael Garrity, CEO, CommunityLend


Financial Guard is an online investment manager reinventing the financial services industry by providing professional, unbiased, transparent, actionable investment advice to the individual investor.
  • Holistic investment portfolio optimization
  • Full transparency
  • Simple enough for a college intern. Complex enough for a Ph.D in Finance
Why it’s great: Investment Advice at the Right Price, Finally
Kevin Pohmer, President, Financial Guard


FlexScore is the first-ever, financial scoring tool and is specifically made to make financial education fun for middle-class America.
  • First-ever overall financial scoring tool
  • Provides actionable steps to help user improve finances
  • Peer ranking tool so users can compare scores
Why it’s great: First-ever personal finance too for middle America instead of the uber rich.


Jason Gordo, CEO, FlexScore
Jason Gordo is listed in the Forbes Top 50 RIA’s in the country. He is also co-author of “FlexScore: Financial Advice for the Rest of Us.”


Jeff Burrow, President, FlexScore
Jeff Burrow is President of FlexScore and is co-author of the book, “FlexScore: Financial Advice for the Rest of Us.” He is a certified financial planner.


Interactions Corporation is a virtual assistant for banking/financial services
  • Customers interact exactly was they would with a live agent
  • Significant improvements in Net Promoter Score
  • Significant operations savings
Why it’s great: Simply better customer experience


Phil Gray, Executive Vice-President of Business Development, Interactions Corporation
Phil Gray is a successful startup executive with extensive experience in speech and call center technologies.


Place2Give helps advisors connect and manage their client’s charitable giving.
  • Matches donors to charities using unique algorithms
  • Shortens advisor research time
  • Manages donor’s pledges, disbursement and charity tax receipts
Why it’s great: The Toolbox helps reduce an advisor’s research time, justify fee value and aid client retention.
Gena Rotstein, Founder, CEO, Place2Give


QuarterSpot is a new small business online lending platform using artificial intelligence to significantly lower cost of capital and eliminate need for personal collateral.
  • AI underwriting better assesses business risk in minutes
  • Lowers SMB cost of capital up to 85%
  • No personal collateral at risk for business loan
Why it’s great: Small businesses searching for capital no longer have to compromise. QuarterSpot makes it easy, fast, and affordable to secure a trusted loan.
Adam Cohen, Co-Founder, CEO, QuarterSpot


Socure has developed a new form of online identity verification to reduce fraud using a series of proprietary machine learning algorithms to analyze social and identity data.
  • Authenticate a user to detect ID theft and account takeover fraud
  • Improve existing KYC/AML capabilities
  • De-risk each side of a social P2P payment
Why it’s great: Socure helps financial institutions use social data to reduce various types of online fraud. 


Sunil Madhu, CEO, Co-Founder, Socure
Sunil Madhu is an entrepreneur and architect with 20+ years of experience developing and selling innovative enterprise software solutions.


Johnny Ayers, Director of Business Development, Co-Founder, Socure
Johnny Ayers is a management consultant turned entrepreneur. He leads Socure’s business development and operation efforts.
For more information on attending FinovateFall 2013, see our FAQ. To register, visit out FinovateFall 2013 page here.