With the rise in smartphone ownership and low PC-usage rates of the underbanked, Plastyc built up a robust mobile app to help users manage their iBankUP and UPside accounts.
The iPhone and Android apps were rolled out March 13 to the 75% of Plastyc’s users who own smartphones.
Some of the new capabilities include:
- Manage Rainy Day Reserve
- Receive deal notifications
- Mail paper checks to people in your phone’s address list
- Deposit physical checks by taking a picture with your smartphone (coming end of 2012)
Here are some screenshots of the Android app, taken from Plastyc’s website on March 19, 2012:
Plastyc, creator of the UPside Visa prepaid card, announced yesterday that it is using GreenDot’s Swipe&Load technology to enable UPside cardholders to load cash onto their cards at 7-Eleven stores:
“Swipe&Load technology makes it faster and easier for people to add cash to their reloadable cards. Now cardholders can visit any 7-Eleven store in the U.S and hand their UPside Visa card and cash to the cashier. The cashier swipes the card and the money is added to the card on the spot.”
The Swipe&Load service costs users under $5 and will be available at over 6,500 7-Eleven store across the U.S.
To learn more about Plastyc, watch its FinovateFall 2011 demo.
To wrap up 2011, we’ve compiled a list of all of the funding Finovate alumni received over the course of the year.
The results were impressive:
- A total of 34 companies received funding, some more than once
- The companies collectively raised over $423 million dollars
- The months with the highest number of companies receiving funding were June August, both with 8 companies
- The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January — $40.8 million raised by 3 companies
February — $10.3+ million raised by 3 companies
March — $20.4 million raised by 4 companies
June — $124.4 million raised by 8 companies
July — $1.1 million raised by 1 company
August — $103.4 million raised by 8 companies
September — $33 million raised by 1 company
October– $22 million raised by 2 companies
November — $16.3+ million raised by 3 companies
December — $52.2 million raised by 5 companies
Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to email@example.com and I will add it.