Finovate Alumni News– November 26, 2013

  • Finovate-F-Logo.jpgIowa State student creates PayHere (for Dwolla) with startup’s API demo.
  • Planwise integrating into Solid Earth’s real estate platform, Spring, which provides listing and tax data.
  • Forbes lists enloop as 1 of 12 business writing tools to improve business writing.
  • Finextra blogger talks peer-to-peer lending and Zopa.
  • MasterCard announces partnership with Ogone to deploy MasterPass in Europe.
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 1, 2013

  • Personal Capital to open Denver office.
  • Purchasing Insight reports: Taulia to bolster their presence in Europe.
  • Cardlytics announces new brand identity, including new logo and redesigned website.
  • CurrencyFair wins “Most Insightful & Intriguing Internet Innovation” at IIA Net Visionary Awards.
  • Leaf raises $20 million from Heartland Payment Systems.
  • Bright Funds announces support for PayPal.
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– September 27, 2013

  • Finovate-F-Logo.jpg

      Real estate tech firm Tribus is integrating Planwise’s PFM to help homebuyers evaluate the affordability of listings.

    • MyBankTracker lists Check, Manilla, and Personal Capital as 3 finance apps just as good as Mint.
    • MoneyDesktop marketing video wins 2013 Telly Award.
    • PC World features 11 FinovateFall demo companies. 
    • Singapore-based MyHero earns $10M from Kleiner Perkins and others to enhance TradeHero app.
    • What’s the Next Big Thing in financial services? Ideas from FinovateFall and beyond.
    • American Banker: The cutting edge of online banking, as practiced by a Polish bank (mBank).
    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– September 17, 2013

    • Finovate-F-Logo.jpgPandoDaily features Planwise’s “coming of age” story. 
    • OnDeck closes over $130 million in increased credit facility commitments, 150% 12-month growth surge drives doubling of debt capacity.
    • doxo’s new email Import and Organization capability simplifies record keeping for the your key accounts.
    • Expensify’s integration with Xero goes live.
    • Azimo picks cross-border payments platform Earthport to help expansion into developing markets.
    • Edo Interactive unveils self-serve portal for edo Marketplace that helps merchants set up card-linked offers on their own.
    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– August 13, 2013

    • Finovate-F-Logo.jpgYseop a finalist as a technology inventor in Tech Titan Awards.
    • Bank News Magazine features AuthenticID’s pictureID identity authentication solution.
    • VentureBeat takes a look at Locaid’s goal of expanding its geolocation technology to New Jersey and Delaware.
    • FinovateFall 2013 Sneak Peek: Part 1 is up. Get to know the fintech innovators who will be presenting in New York in September.
    • Ron Daly, president and CEO of DigitalMailer, provides insights on making mobile marketing compliance and consumer friendly.
    • ReadyForZero enables users to monitor their credit score as they tackle debt.
    • Free Webinar Wednesdays interviews VerifyValid CEO Paul Doyle. See them demo at FinovateFall 2013 in September.
    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– April 19, 2013

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgArvest Bank to deploy IntelliResponse Virtual Agent technology. See them demo at FinovateSpring in May.
    • GMC Software Technology founder Rene Muller wins Lifetime Achievement award.
    • PrivatBank to provide service to customers wearing Google Glass.
    • American Banker interviews Pageonce COO Steve Schultz on the company’s goal to be the “go-to financial app on the phone”.
    • Mountain America CU launches MoneyDesktop’s My Money Manager PFM.
    • Blackhawk Network prices of its IPO of 10,000,000 shares of Class A common stock at $23 per share.
    • American Banker reports: Planwise Courts Bank Partners.
    • Black Enterprise features Bolstr as Tech Startup of the Week.
    • American Banker reports BillGuard has flagged $50M in suspect charges.
    • The Globe and Mail considers how eToro can benefit investors.
    • TechCrunch reports: SMB Inventory Management Startup TradeGecko Partners With Xero Accounting.
    • Rebirth Financial unveils white-label crowdfunding platform.
    • Trustly has now processed 10 billion SEK in payments since it began in 2008, has fully rolled out Direktbetalning in Sweden 
    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 29, 2013

    Thumbnail image for Finovate-F-Logo.jpg

    • Atlanta Business Chronicle takes a look inside the TSYS/NetSpend merger.
    • TradeHero reaches $5 billion in virtual currency traded over 350,000 trades in the first three months.
    • Washington Trust Bank to deploy Jack Henry & Associates‘ SilverLake System core processing platform.
    • The Options Insider interviews TradeKing CEO Don Montanaro.
    • Leading U.S. healthcare insurer invested more than $250k to implement a Kofax-based solution. See Kofax demo at FinovateSpring.
    • Bill.com announces it enables more than 175k businesses to pay and get paid.
    • Fargo bank adds Fiserv mobile banking, payment tools.
    • Dwolla site back up after DDoS attack.
    • BBC Easy launches C & I Loan Management Software for businesses looking to save time on cumbersome BBCs. Check out BBC’s demo at FinovateSpring.
    • Keynote DeviceAnywhere platform now integrated with Worksoft Certif.
    • AH Capital raises more than $100,000 using Realty Mogul’s real estate crowd funding platform. Join Realty Mogul in San Francisco this May at FinovateSpring.
    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.

    Yodlee Accelerator Program Bears Fruit with 300 Startups Served

    Thumbnail image for YodleeLogo2012.jpg

    With 300 fintech innovators already taking advantage of Yodlee’s 10-month old accelerator program, the company’s sights are set on still more companies coming on board. In fact, Yodlee anticipates growth of more than 50% by the end of the year.

    One of the key features of the program is free access to Yodlee’s API, which brings with it the ability to draw from a wealth of financial data, from bank accounts to rewards campaigns. Program companies have taken this data and run with it, building everything from eWallets to new lending services.

    Aside from its role in “paying it forward” (fintech edition), Yodlee has been a very successful outfit in its own right. The company has more than 40 million users and $100 million in capital, with 20% of its customers coming from outside the United States.

    It’s worth pointing out that Yodlee’s accelerated startups include a handful of Finovate alumni such as EZBOB and FreeAgent (both companies fresh from appearances at FinovateEurope). Other alumni taking advantage of Yodlee’s platform include Credit Karma, Xero, and LearnVest.

    Success with the accelerator program, which was launched in May 2012, may be what has encouraged the company to launch its API incubator program to cater to a different subset of startups. So far, Yodlee has been able to incubate 10 companies, including Finovate alumn, Planwise.

    Yodless was last on the Finovate stage in September 2012 as part of FinovateFall in New York. Watch a demo of Yodlee in action here, as they present their small business platform.

    Finovate Alumni News — February 19, 2013

    • Thumbnail image for Finovate-F-Logo.jpgRescuecom highlights TransferWise as low cost, currency conversion option.
    • Acculynk‘s Payzur brings person-to-person payments to consumers on PULSE debit/ATM network.
    • Compass Plus helps Russian-based FI SwitchMaster reach processing benchmark.
    • ekmPowershop announces partnership with EZBOB.
    • American Banker reports: Planwise to Participate in Yodlee’s Incubator Program.
    • BillHighway hires new CFO.
    • Arroweye Solutions reports 40% growth due to 175% uptick in open loop card production, added 27 new clients in 2012.
    • Bill.com to provide Frantopia with accounting services.
    • Prosper unveils new protection for lenders.
    • The Next Web reports: Tradeshift adds support for accounting services Sage and Kashflow, helping businesses get paid.
    • Forbes considers how SoMoLend provides capital to small businesses.
    • VentureBeat reports SecondMarket is partnering with CircleUp to allow investors to invest in up-and-coming consumer product businesses.
    • Thomaston Savings Bank selects Q2ebanking’s full suite of ebanking solutions.
    • HiddenLevers launches portfolio stress testing app to help advisors generate leads.
    • Fiserv awarded Best-in-Class rating in 2012 Anti-Money Laundering Technology Review.
    • Gifting app Wrapp selects Braintree to power payments.
    • Pageonce adds person-to-person payment functionality to mobile 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.

    Planwise and ReadyForZero Partner to Promote Debt Management as Part of Personal Finances

    Thumbnail image for Thumbnail image for planwiseLogo1.jpg

    PFM platform, planwise and debt management solution, ReadyForZero announced a partnership today.

    As a part of the partnership, planwise is featuring ReadyForZero in its Products section (see screenshot below).

    Thumbnail image for ReadyForZeroLogo.jpg

    ReadyForZero’s services are advertised to planwise users who indicate they hold debt. When I tested the product this morning, the ReadyForZero product option was offered only when I indicated I owed a balance on a loan or credit card.

    pwiseRFZAlert.jpgplanwiseRFZ.jpg

    The two San Francisco-based startups have not disclosed the terms of the partnership.

    To learn more about planwise and ReadyForZero, watch planwise’s FinovateFall 2011 demo and ReadyForZero’s FinovateFall 2011 demo.

    Finovate Alumni News– January 3, 2013

    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

    • Internet Marketing For Small Business likes how Flint leverages the camera for mobile payments.
    • Lithium Knowledge Center shares tips on configuring Klarna.
    • Entrepreneur interviews Jason Richelson, founder of New York-based ShopKeep POS, a cloud-based system.
    • Clover raises $3.3 million from undisclosed investors.
    • Tuition.io exits private beta, aims to make student loan management easier.
    • The Boston Globe takes a look at Tom Leighton, the new CEO at Akamai.
    • Techie Insider looks at how PayPal mobile payments can benefit your church.

    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.

    2012 Funding for Finovate Alumni– More than $450 Million Raised

    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHere is a list of all the funding Finovate alumni received over the course of 2012.  

    After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.
    A few stand-out metrics for the year:
    • A total of 44 companies received funding, some more than once in 2012
    • Combined, more than $450 million was raised
    • The best quarter for raising capital was the first quarter when more than $150 was raised
    • The biggest funding month this year was March, with more than $68 million raised by three companies
    Here is a month-by-month breakdown of funding received.
    January — $25 million raised by 3 companies
    Currensee: $2 million — blog post
    Finsphere: $11.3 million — blog post
    HelloWallet: $12 million — blog post
    February — $57 million raised by 5 companies
    Capital Access Network: $30 million — blog post
    Dwolla: $5 million — blog post
    Jemstep: $6 million — blog post
    Kabbage: undisclosed — blog post
    Xero: $16.6 million — blog post
    March — $68 million raised by 3 companies
    Boku: $35 million — blog post
    eToro: $15 million — blog post
    ThreatMetrix: $18 million — blog post
    April — $2.5 million raised by 1 company
    miiCard: $2.5 million — blog post
    May — $55.5 million raised by 5 companies
    Kony: $15 million – blog post
    Pindrop Security: $1 million — blog post
    SecureKey: $30 million — blog post
    SoMoLend: $1.17 million — blog post
    Yodlee: $8.3 million — blog post
    June — More than $62 million raised by 8 companies
    Affinity Solutions: $14.5 million — blog post
    Arroweye Solutions: $3 million — blog post
    Cartera Commerce: $12.2 million — blog post
    Credit Sesame: $12 million — blog post
    Doughmain: undisclosed — blog post
    Lending Club: $15 million — blog post
    Nutmeg: $5.3 million — blog post
    Planwise: $200,000 — blog post
    July — $6 million raised by 2 companies
    Continuity Control: $1 million — press release
    SaveUp: $5 million — blog post
    August — More than $49 million raised by 6 companies*
    DemystData: undisclosed — blog post
    FutureAdvisor: $5 million — blog post
    FreeMonee: $34 million — blog post
    The Currency Cloud: $3.1 million — blog post
    CashStar: $5 million — blog post
    Continuity Control: $2.25 million — blog post
    September — More than $59 million raised by 5 companies
    Banno: $2 million — press release
    Betterment: $10 million — press release
    Edo Interactive: $15 million — press release
    Fuze Network: $2.5 million — press release
    Kabbage: $30 million — blog post
    October — $37 million raised by 2 companies
    The Currency Cloud: $1.9 million — blog post
    Braintree: $35 million — blog post
    November — More than $23 raised by 4 com
    panies
    ActivePath: $10 million — blog post
    Jingit: $7 million — blog post
    Bazaarvoice: $6.7 million — blog post
    Xero: $49 million — blog post
    December — More than $16 million raised by 4 companies
    Waspit: $3 million — blog post
    Controlabill: $570,000 (A$600,000) — blog post
    Zopa: undisclosed — blog post
    ShopKeep POS: $10 million – blog post
    Clover Networks: $3.3 million – blog post
    *In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.
    Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.