Finovate Alumni News– June 10, 2013

  • FinovateLOGO.jpgThe Oakland Tribune’s Inside Bay Area profiles OneID founder and CTO Steve Kirsch.
  • EZBOB adds variable lengths, longer periods, lower interest, and loyalty discounts on its loans.
  • Realty Mogul co-founder and CEO Jilliene Helman talks crowdfunding and real estate investing.
  • MicroStrategy business intelligence solution, MicroStrategy Express named a finalist at 2013 American Business Awards.
  • Newfination interviews Jilliene Helman, co-founder and CEO of Realty Mogul.
  • SF Gate blog looks at Personal Capital, Wealthfront, and FutureAdvisor.
  • Newfination interviews Kristoffer Lawson, Holvi CEO, on replacing your bank with Holvi.
  • Mortgagebot launches MortgageMarvel site to help consumers shop for mortgages.
  • CNET interviews Lending Club CEO Renaud Laplanche on recent funding and future growth.
  • Bloomberg BusinessWeek takes a look at the business of Google Wallet.
  • Money Under 30 reviews TradeKing.
  • Intellaegis’s masterQueue technology helps catch wanted fugitive.
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.

Realty Mogul Passes $1 Million Crowdfunded Mark

Thumbnail image for RealtyMogulLogo.jpg

As of today, the real estate platform has crowdfunded a total of $1.2 million across its first six transactions.

“We are also the first crowdfunding company in the U.S. to my knowledge that has already returned investor capital,” said Realty Mogul CEO and co-founder Jilliene Helman by e-mail. Realty Mogul has paid out more than $100,000 to its investors to date.

Added Helman, “We plan to pay out additional distributions in June.”

realtymogulhomepg.jpg
Realty Mogul provides a platform for accredited investors to combine their money to invest in pre-vetted real estate properties. The investments range from apartment buildings to retail centers to office buildings, and investors can invest as little as $5,000.
Founded in 2012, Realty Mogul demoed its technology as part of the FinovateSpring show in San Francisco. Video of the company’s presentation is available here.
For more information on crowd funding, see our recently published research in the latest edition of the Online Banking Report here.

Four Finovate Alumni Featured in OBR Crowdfunding Report

Four Finovate alumni were featured in the latest publication from Online Banking Report (OBR).

Bolstr

  • Thumbnail image for BolstrLogo.jpgDebt-based / Crowdlending
  • Headquartered in New York, New York
  • Presented at FinovateFall 2012
  • Demo Video

P2Binvestor

  • Thumbnail image for P2BiLogo.jpgReceivables-based / Crowdfactoring
  • Headquartered in Louisville, Colorado
  • Presented at FinovateSpring 2013
  • Demo Video
  • Thumbnail image for RealtyMogulLogo.jpgDebt-based / Crowdlending
  • Headquartered in Los Angeles, California
  • Presented at FinovateSpring 2013
  • Demo Video
  • Thumbnail image for SoMoLendLogo.jpgDebt-based / Crowdlending
  • Headquartered in Cincinnati, Ohio
  • Presented at FinovateSpring 2012
  • Demo Video

The report is an in-depth look at the emerging trends in crowdfunding and features a look at 18 up-and-coming platforms. OBR Subscribers can access the report here. It can also be purchased for US$495 here.

Finovate Alumni News– May 17, 2013

FinovateLOGO.jpg

  • Serverside Group grants license for its US card customization patents to financial services provider, DimpleDough.
  • CashStar announces year-over-year growth in Mother’s Day eGifting cards sold.
  • MobilePaymentsToday takes a look at Zooz In-Ad Payments service.
  • FlexScore provides waiting list for access codes to beta version of their web-based financial advisor platform.
  • American Banker features crowdfunders LendUp and Realty Mogul.
  • TransCard congratulates technology partner FamZoo on winning FinovateSpring 2013 honors.

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.

Realty Mogul Launches Crowd-Funding Platform for Real Estate Investing

Thumbnail image for RealtyMogulLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Just in time for the recovering real estate market, here’s Realty Mogul. The company helps bring investment capital to a variety of commercial and multi-dwelling residential real estate projects.
“Realty Mogul is a marketplace for investors to pool money online and buy shares of pre-vetted investment properties like apartment buildings, office buildings, and retail centers; it’s crowd-funding for real estate.
Realty Mogul is demoing the full transaction life cycle of an investment, from account creation through electronic documentation to funding via ACH. We are also demoing what it looks like to be an active investor and how to monitor investments via a dashboard.”
Product Launched: March 2013
HQ Location: Los Angeles, California
Company Founded: May 2012
Metrics: $500,000 capital raised in seed round; 4 FTEs; pre-revenue
Twitter: @Realty_mogul
Presenting Jillene Helman (CEO)

IMG_1913.JPG
IMG_1912.JPG

Finovate Alumni News– May 3, 2013

  • Newfination hosts Coverhound CEO Basil Enan who talks about its online insurance service.
  • ProgrammableWeb interviews Michael Sconfield, Developer Evangelist of Dwolla API.
  • Caribbean360 reports that the Inter-American Development Bank is testing Entrepreneurial Finance Lab’s psychometric method of testing creditworthiness.
  • Fort Mill Times takes a look at TipRanks. See them demo at FinovateSpring in San Francisco.
  • Bazaarvoice appoints former Convio Inc. CEO Gene Austin as president.
  • PayMobl reviews Pageonce mobile bill payment app.
  • Innovation Agency launches new features for Innovation Café to make it easier to manage and keep users up to date
  • Realty Mogul wins top honors at Founder Showcase pitch competition.
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 12, 2013

Finovate-F-Logo.jpg

  • RIA Biz takes a look at BrightScope’s plan to make advisory fees public.
  • DietBet.com crowdfunds more than $300,000 via SeedInvest. Join SeedInvest in San Francisco for FinovateSpring in May.
  • Finovate alumni make a strong showing in GoodApril co-founder’s list of tax preparation innovation. Meet GoodApril at FinovateSpring.
  • VentureBeat features Ripple developer OpenCoin. See OpenCoin in action at FinovateSpring in May.
  • DroidBeans reviews Pageonce for Android.
  • Puget Sound Business Journal highlights the role of Realty Mogul in a local real estate deal. Join Realty Mogul at FinovateSpring.
  • PayPal buys Iron Pearl, a startup that helps companies make their products more attractive to customers.
  • Reuters looks at a case study of how FutureAdvisor is used to save for retirement.
  • PYMNTS looks at Kabbage’s “secret weapon”
  • New York Times Business Day interviews Sabrina Parsons, Palo Alto Software CEO. Come to FinovateSpring to watch it demo LivePlan.
  • Channelnomics reports: Check Point Launch Makes Small Branch Foray.
  • Dwolla takes top honors at Prometheus Awards in Des Moines.
  • Massolution’s Crowdfunding Industry Report places Lending Club and Prosper as leaders in the industry.
  • American Banker considers On Deck Capital’s growth.
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.

FinovateSpring 2013 Sneak Peek: Part 1

FinovateSpring13Logo.jpg

On May 14 and 15, Finovate returns to San Francisco where more than 70 companies will showcase their new technology. The majority will be making their first appearance on the Finovate stage.

Each company provided a sneak peek of what they’ll demo next month. Below is the first installment of these teasers. We’ll have more next week.

To be a part of the excitement, Get your ticket here

______________________________________________

BalanceLogo2013.jpg

Balance Financial: is a digital workspace that helps FIs drive revenue growth, improve client engagement and scale service delivery.

Features:

    • Customizable digital workspace for financial service professionals & their clients
    • Professional grade branded PFM, bill pay and file sharing tools
Why it’s great: Helps financial service professionals leverage technology to grow their business by building and maintaining better client relationships.
CuraxianLogo.jpg

Curaxian: The fastest and easiest way to find solutions to difficult fraud problems.

Features:

    • Find optimal solutions to fraud attacks
    • Improve portfolio profitability, retention, and relationship management
    • Manage authorization declines and interchange downgrades
Why it’s great: There is no easier or more effective way to resolve a fraud attack.
CymonzLogo.jpg

Cymonz: Provides the software and business processes to easily integrate a currency exchange and international payments service into your business

Features:

    • Customizable online currency exchange for your clients
    • Management for your currency operations
    • White label for your partners
Why it’s great: Currency exchange and payments service for your brand.


EyeVerifyLogo.jpg

EyeVerify: Has commercialized a software-only biometric method for verifying the identity of mobile users – a safe, simple replacement for passwords.

Features:

    • Eliminate end users’ password fatigue
    • Reduce fraud and identity theft
    • Make mobile transactions safer and more convenient
Why it’s great: The password is dead – and now we have the replacement!

GoodAprilLogo.jpg

GoodApril: Online tax planning: your guide to tax savings, helping you take actions today to reduce your taxes next April.

Features:

    • Identification of tax saving actions you can take in the year ahead
    • Forecast of how the 2013 tax law changes will impact you
Why it’s great: Consumers leave $22 billion in tax saving opportunities on the table each year – GoodApril helps make sure you’re not one of them.

PaloAltoLivePlanLogo.jpg

Palo Alto Software: Its LivePlan software helps a business forecast and budget for a successful future, and also helps a business understand the KPI’s it needs to manage for growth

Features:

    • Build a cash flow forecast
    • Gather business intelligence via enhanced dashboard
Why it’s great: There is no better way to manage your business online than with LivePlan
RealtyMogulLogo.jpg

Realty Mogul: A marketplace for accredited investors to pool money online and buy shares of pre-vetted investment properties.

Feature:

    • Investors get access to real estate investments they historically did not have access to
Why it’s great: Real estate investing made simple.
SignifydLogo.jpg

Signifyd: Fights fraud using the Social Graph. By guaranteeing payments, Signifyd provides an insurance for e-commerce merchants.

Features:

    • Fraud detection today is slow, inaccurate and expensive
    • Harnessing the Social Graph to fight fraud
    • Insurance for e-commerce
Why it’s great: Signifyd provides an insurance for e-commerce
TipRanksLogo.jpg

TipRanks: The first online co-browser that aggregates, scrutinizes, and evaluates digitally published stock recommendations.

Features:

    • Accountability for those who dish financial advice
    • Empowerment for those who seek it
    • Free, unbiased and transparent information
Why it’s great: TipRanks helps provide the answer for all individual investors – should I take this particular person’s financial advice?

TradeslideLogo.jpg

Tradeslide: Empowers independent financial traders

Feature:

    • The TS Score empowers independent traders by diagnosing performance, for traders’ and investors’ benefit.
Why it’s great: Tradeslide rates independent trading talent

TrustEggLogo.jpg

TrustEgg: Reinventing how parents save for their children

Features:

    • Parents can set up a Trust for free
    • Invite friends and family to contribute
    • Money invested in mutual fund until child turns 18
Why it’s great: TrustEgg is the simple, social way to save for your kids.

ValidSoftLogo.jpg

ValidSoft: SMART – Secure Mobile Architecture for Real-time Transactions

Features:

    • Custom built strong authentication platform for the mobile world
    • No customer friction
    • Using proprietary voice biometrics
Why it’s great: SMART secures your mobile wallet without customer friction: Simple, Secure, Safe

_________________________________________________________

For more information on attending, see our FAQ. To register, visit our FinovateSpring page here.

Finovate Alumni News– April 9, 2013

  • Finovate-F-Logo.jpgAG Beat features Entrepreneurial Finance Lab.
  • BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.
  • Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.
  • South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.
  • Business Credit Radio features Sue Heilbronner, PaySimple’s Chief Growth Officer.
  • American Banker highlights Plastyc’s unique approach to serving prepaid card users. Watch Plastyc’s demo at FinovateSpring.
  • Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.
  • American Banker looks at Braintree’s multi-merchant approach. Come see Braintree demo at FinovateSpring.
  • Live Science considers how Narrative Science
    automates journalism and report generation. See Narrative Science’s live demo at FinovateSpring.
  • Quantopian announces algorithm development competition.  The company will demo at FinovaeSpring in May.
  • Bank Innovation reports: Intuit will continue to support FinanceWorks.
  • Reuters takes a look at TipRanks. See them demo at FinovateSpring.
  • eDeposit announces major new features in upgrade of mobile app.
  • TradeHero a winner at Echelon Singapore Satellite pitch competition.
  • INTJ Capital gives kudos to Quantopian’s decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.
  • American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.
  • Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo 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.

Finovate Alumni News– April 8, 2013

  • Finovate-F-Logo.jpgInvestors Business Daily interviews Barry Silbert, SecondMarket CEO, who says the stock market is broken.
  • Xero opening new LA office for Southern California team.
  • Bank Innovation reports: Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users.
  • Radio New Zealand reports: Xero to launch fully into U.S. market in July.
  • Candace Klein, SoMoLend CEO, discusses the hardship that the SEC’s delay of the JOBS Act has caused.
  • Dwolla updates Magneto extension.
  • Yodlee receives 2013 Honorable Mention in Industry Partner category for the Barlow Research Associates’ Monarch Innovation Awards.
  • Virtual Piggy integrates with Oracle ATG Web Commerce, expands reach of network to more than 390,000 brands.
  • Mitek’s Mobile Deposit solution receives top award for Overall Most Innovative from Barlow Research Associates.
  • Management Today interviews Zopa CEO, Giles Andrews.
  • TechCrunch looks at Realty Mogul and its recent win at the Founder Showcase pitch competition. See them in action at FinovateSpring in May.
  • GreenDot and UniRush launch reloadable prepaid Visa card. Join GreenDot for FinovateSpring in San Francisco.
  • Allied Payment Network bill payment technology integrates with CSPI’s Aurora online banking platform.
  • Zooz announces partnership with ChronoPay. Join Zooz in San Francisco for FinovateSpring in May.
  • Identity Theft 911 CEO to lead discussion on social media and insurer risk at upcoming NAMIC seminar.
  • Roadtrip Nation interviews Dan Reed of Bazaarvoice.
  • Money Street Smart reviews TradeKing.
  • Hard Assets Alliance features an interview with Gold Bullion International CEO Steven Feldman.
  • Newfination interviews Taavet Hinrikus of TransferWise.
  • Engine talks about rewarding risk-takers with GoodApril founder Benny Joseph.
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 5, 2013

  • Finovate-F-Logo.jpgYodlee launches first phase of new Developer Portal.
  • VentureBeat looks at how PayPal’s new credit alternative for merchants simplifies financing.
  • TechCrunch reviews Braintree’s Venmo Touch. Come see its live demo at FinovateSpring.
  • Yandex announces redesign of homepage that’s 50% faster than the previous one. Check out Yandex and FinovateSpring.
  • Prosper works with the Securities Division of WA’s Dept of Finance to allow Washington residents to lend once again.
  • Life360 deploys Locaid to provide customers with free location lookups via smartphone.
  • Dignity Folklorist reviews Pageonce for iPhone.
  • Business2Community features Wallaby 2.0 for Android.
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 2, 2013

  • Forbes looks at Open Bank Project’s open API, interviews TESOBE founder and CEO, Simon Redfern.
  • ChicagoBusiness.com features Bolstr, calls it a new crowdfunding twist.
  • Major Italian bank invests more than $300k to expand its use of Kofax software to branches in EU, the Middle East and North Africa. Come see Kofax demo its new technology at FinovateSpring next month.
  • UK-based global application software and services company, Misys launches new suite of online, mobile banking products powered by IND Group.
  • Mobile Payment Power features Flint mobile payment app.
  • The Seattle Times takes a look at the launch of Realty Mogul. Join them in San Francisco for FinovateSpring.
  • TSYS renews long-term payment processing agreement with Columbia State Bank.
  • TradeKing analyst to speak at annual options industry conference.
  • Pando Daily reports on Quantopian’s new feature, which allows traders to import external data. See them demo at FinovateSpring.
  • Gold Bullion International teams with Envestnet to facilitate precious metals trading for independent advisors.
  • BancVue acquires BancLeasing to allow Community FIs to strengthen commercial lending.
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.