Finovate Alumni News– February 17, 2012

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  • Prosper celebrates its 6th birthday by offering to pay your second loan payment today (Friday, Feb. 17) only.
  • HelloWallet appoints Aaron Benway as new CFO.
  • American Banker reports PayPal is partnering with banks to attract new customers.
  • American Banker reports Intuit adds iPad banking app.
  • CNN Money looks at how SecondMarket will survive now that Facebook has gone public.
  • StockTwits launches feature to help users discuss stocks.
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– January 24, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports PayPal tests its POS system at Office Depot.
  • LBi integrates Service2Media platform for clients including Coca-Cola, & Sony. Come see Service2Media demo live at FinovateEurope on February 7.
  • Small Business Trends examines the pros and cons of financing a startup using Prosper, Lending Club, or Lendio.
  • Ping Identity launches blog called Identity Matters. Come see Ping Identity at FinovateEurope Feb. 7 in London.
  • FiPath announces campaign to encourage Generation X to save for retirement.
  • Currensee receives additional $2 million in series C financing.
  • Finovate interviews David Barrett, CEO of Expensify http://bit.ly/zVZzD9
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– January 20, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBusiness Insider looks at how BillGuard and Simple use Big Data.
  • Dough Roller recommends using HelloWallet to keep track of your cash.
  • P2P-Banking looks at Zopa’s online marketing spending.
  • NACS Online explores the Dynamics smarter credit card.
  • American Banker suggests banks should consider working with merchant reward companies like Cardlytics and Cartera Commerce.
  • PayPal’s payments technology to reach all Home Depot locations by March.
  • SecondMarket exceeds $1 billion in deals.
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– January 16, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSmartMoney (Feb 2012) article, “Attack of the 6.5-point Typeface” cites research from Transparency Labs.
  • Rescuecom asks if Dwolla can become the new PayPal.
  • CNN Money names SmartyPig “Best Savings Alternative”.
  • Missouri News channel KY3 recommends using Prosper and Lending Club as a creative way to fund your business.
  • NY Times blog talks about LearnVest as a financial planner for the middle class.
  • AARP lists ChargeSmart as a future way to pay bills using unwanted gift cards.
  • FeeFighters hosts webinar about ecommerce on January 16.
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– January 9, 2012

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  • Prosper launches web app for Apple and Android Mobile devices.
  • ActivePath appoints former President & CEO at Oversee.net, Jeff Kupietzky, as CEO.
  • Investment News recommends advisors introduce HelloWallet to their clients.
  • The Huffington Post names BrightScope a “civic startup.”
  • miiCard partners with consumer data company Callcredit.
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.

Prosper Launches Web App For Apple and Android Mobile Devices

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Yesterday, P2P marketplace Prosper unveiled a web app that enables borrowers and lenders to access their accounts on-the-go in an easy-to-read format. 

The mobile platform will allow users to:

    • ProsperMobile.jpgView their account balance, annualized return, and portfolio allocation
    • Browse individual listings and invest in the ones they choose
    • Transfer funds to their Prosper account

The app is browser-based so it cannot be purchased from the App Store or the Android Marketplace. To access the mobile app, type prosper.com into the browser on your mobile device (the address will automatically be changed to m.prosper.com).

To learn more about Prosper, watch its FinovateStartup09 demo.

Finovate Alumni News– January 4, 2012

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  • Forbes recommends Budgetpulse, Mint.com, Buxfer, and Yodlee as PFMs to help keep track of your money.
  • Fox News advocates ReadyForZero to help pay down debt.
  • Prosper launches Kindle Fire sweepstakes.
  • Fast Company breaks down how ReadyForZero works.
  • Tamebay shares how miiCard is helping to increase trust online.
  • P2P Lending News reports that Prosper and Lending Club facilitated $40 million in loans in December.
  • Expensify gives users 10 free scans per month.
  • Geezeo signs 5 credit unions during the last week of 2011.
  • Cortal Consors announces new version and expansion of Hopee.
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.

2011 Funding for Finovate Alumni– Over $423 Million Raised

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTo 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 julie@netbanker.com and I will add it.

Finovate Alumni News– December 21, 2011

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  • Fox News discusses how Prosper & Lending Club help small businesses.
  • BizReport examines card-linked offers from Linkable Networks (formerly CLOVR Media).
  • ReadWriteWeb’s Richard MacManus lists Xero as #8 in his 2011 list of top 10 web products.
  • Inc Magazine lists Expensify as 1 of 8 startups to watch in 2012.
  • Ping Identity makes the top 10 list of most exciting IT security vendors. Come see Ping Identity’s live demo at FinovateEurope.
  • HelloWallet gives away 20,000 free subscriptions in 2011 to families in need.
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 15, 2011

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  • Celent’s report identifies ProfitStars as the market share leader in Remote Deposit Capture.
  • Finextra looks at the growth and success of Lending Club, Prosper, and Zopa.
  • Segmint appoints Thomas C. Tyler as VP.
  • PayPal plans its own version of daily deals.
  • Dwolla gives users instant access to cash.
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 14, 2011

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  • The Wall Street Journal lists Prosper, Lending Club, and Weemba as resources for home financing.
  • PayNearMe partners with iSend to simplify international gift giving this holiday season.
  • Doxo wins Red Herring Global 100.
  • Credit Karma and Intuit team up to provide credit services within FI-branded environments.
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 13, 2011

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  • Visa certifies authentication system from Transecq’s sister company, ENTERSECT.
  • New Scientist recommends borrowing from the crowd by using P2P sites Zopa, Prosper, & Lending Club.
  • Freewaregenius recommends using ReadyForZero to pay off and manage debt.
  • Yahoo! Finance reports SecondMarket’s Barry Silbert contributed investments to SponsorHub’s $750,000 round.
  • PayNearMe enables BHPH auto dealers to expand collection of cash payments.
  • Kabbage secures $12 million in financing.
  • ThreatMetrix wins Red Herring Global 100.
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.