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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.
On Finovate.com
Around the web
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.
On Finovate.com
Around the web
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.
On Finovate.com
Around the web
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.
Powered by collaborative Belgian innovation platform, B-Hive, and Dutch financial consulting firm, Alex van Groningen BV, the European Fintech Awards & Conference recognize fintech innovators working in a variety of areas ranging from the Blockchain/Bitcoin and Financial Inclusion to InsurTech and Payments.
The awards consist of a European Fintech 100 and a Top Three which will be selected from among the top three startups in each of the conference’s nine categories during a pitch contest at the end of September. Here are the Finovate alum finalists who will compete for top honors in their respective categories this fall.
Below are the Finovate alums that have been named to the European Fintech 100.
See the full European Fintech 100 list.
Interested in fintech in Europe and the U.K.? Finovate brings its new, expanded format to London in February. With live demos on Days One and Two, and a diverse range of keynotes, panel discussions, and round tables with fintech professionals on Days Three and Four, FinovateEurope 2017 is an event you won’t want to miss. Visit our FinovateEurope page today to learn more and to take advantage of huge early-registration savings.
On Finovate.com
Around the web
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.
On Finovate.com
Around the web
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.
In a round led by Index Ventures and featuring participation from existing investors Balderton Capital and Ribbit Capital, Revolut has locked in $66 million in new funding. The investment takes Revolut’s total capital to more than $81 million raised since the London-based company was founded in 2015.
“We will be using the investment raised to take Revolut global, with the aim of establishing ourselves as the number one platform for consumers and businesses to manage their finances,” the company wrote in its announcement of the funding. Asia and North America are the initial destinations of Revolut’s global expansion “whilst growing our community of 700,000 customers across Europe.” To facilitate the company’s expansion in Europe, Revolut has hired a team of “international expansion managers. Switzerland, Germany, and France were name-checked as among the countries where the managers will be deployed. Revolut also announced that it is using a new provider, Google Cloud Platform.
An alternative to traditional banks, Revolut is a Personal Money Cloud designed especially for traveling millennials. With the Revolut app and multi-currency card, users can make purchases in more than 100 currencies without worrying about exchange rate fees, and save up to 7.5% on international transfers in more than 20 different currencies. Revolut users can send or request money to and from friends via the app, email, or through social networks. The card and app provide push notifications, as well as a blocking feature in case of loss or theft. The app is available on both iOS and Android.
Revolut demonstrated its Personal Money Cloud platform at FinovateEurope 2015. Last month, the company launched business accounts in the U.K. and Europe and was named to both FinTechCity’s FinTech 50 and CB Insights’ Fintech 250 list. In April, Revolut partnered with U.K.-based online mortgage broker, Trussle, to enable homebuyers to begin the application process via mobile device, and in March, the company announced its £4 million crowdfunding investment round and the launch of its new Premium subscription service. Revolut teamed up with P2P lender Lending Works earlier this year, and introduced its customer service chatbot, Rita (“Revolut’s Intelligent Troubleshooting Assistant”) in February.
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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.
This week, CB Insights unveiled its Fintech 250 list. The research outfit selected 250 emerging, private companies in 17 sub-sectors of fintech that are changing the face of financial services. The roster includes 44 Finovate and FinDEVr alums that were selected using CB Insights’ data-driven process that analyzes company momentum, market participation, funds raised, and investor quality.
The list is in alphabetical order.
Gusto (formerly ZenPayroll)
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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.
Less than a week before FinDEVr London 2017, we’ve learned that fifteen of the companies selected by FinTechCity for this year’s FinTech50, a list of top European fintechs, are alums of Finovate and FinDEVr conferences. This is up from last year, when 13 alums who made the list. last year’s list. Six of the companies on the 2017 roster are making repeat appearances: BehavioSec, Fenergo, Kantox, Mambu, Meniga, and Revolut.
Eight of the alums in the FinTech50 are headquartered in the U.K., three hail from Germany, two from Switzerland and one each from Ireland and Sweden. The judges for the FinTech50 are a panel consisting of 60 financial services professionals from banking, payments, venture capital, and public policy-making, among other relevant fields.
2017 marks the fifth year that FinTechCity has produced its roster of the most innovative fintech companies headquartered in the U.K. and Europe. The list is designed to focus on the technology innovations each company has developed rather than the amount of money the companies have made from their technologies. In a statement at the FinTechCity website, the organization explains the sole criteria for inclusion in the FinTech50 as “the potential to become a game-changer or the competitive staying power to continue being one.”
Here are our winning alums for 2017.
Check out the full 2017 roster. FinTechCity also honored ten fintech startups in an honorable mention category, Hot Ten 2017. Ten companies have also been recognized as the founding members of the FinTech50 Hall of Fame, including Finovate/FinDEVr alums Currencycloud, eToro, Klarna, Nutmeg, TransferWise, and Zopa. Founded by Julie Lake (CEO) and Nicky Cotter, FinTechCity will also unveil the inaugural FinTech50 Asia later this year.