SaveUp

Finovate Alumni News– May 9, 2013

By David Penn Posted on
Categories: Billhighway, Compass Plus, eToro, FIS, Flint Mobile, Locaid, mFoundry, OneID, Perfectsen, SAGE SA, SaveUp, Striata
  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgForbes.com takes a look at the competition between Square and Flint Mobile.
  • Compass Plus presents instant card issuance in debut appearance at CARTES America conference.
  • SAGE SA names Amir Suleman as Head of Sales for Middle East.
  • Striata receives PCI compliance for its Grade 1 infrastructure in the UK.
  • New Europe Online interviews eToro’s Head of Product Marketing, Alon Levitan, about how eToro is changing online trading.
  • Good.is features SaveUp’s Priya Haji.
  • PEHub interviews Drew Sievers, who led mFoundry to an acquisition by FIS.
  • Fraternity and Sorority Political Action Committee leverages Billhighway Give to Reach Fundraising Goals.
  • Perfectsen selected as a semi-finalist for the Innotribe Startup Challenge 2013.
  • OneID wins 2013 North America Frost & Sullivan Award for New Product Innovation. Come see their presentation at FinovateSpring next week.
  • Locaid earns extended relationship with LaaS company Timesheet Mobile. See Locaid demo at FinovateSpring in San Francisco.
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.

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Finovate Alumni News– February 27, 2013

By David Penn Posted on
Categories: Actiance, Bolstr, BrightScope, Cortera, DeviceFidelity, FutureAdvisor, LearnVest, Lighter Capital, MasterCard, Monitise, Pageonce, Personal Capital, Prepaid Resources, SaveUp
  • Thumbnail image for Finovate-F-Logo.jpgappPicker reviews Pageonce – Money & Bills app.
  • BrightScope announces top finance, insurance companies with the best 401(k) plans.
  • Device Fidelity announces Incipio partnership, new line of NFC enabled cases for iPhone.
  • NerdWallet interviews Bolstr co-founders, Larry Baker and Charlie Tribbett.
  • The Monitise-powered mobile wallet from Blackberry, BBM Money, launches pilot in Indonesia.
  • Cortera Pulse wins Gold Stevie Award for new version of business intelligence solution.
  • Lighter Capital appoints Molly Greg as VP.
  • SaveUp’s CEO & Co-founder Priya Haji awarded a Social Innovation Leadership Award by the World CSR Congress.
  • US News Money looks at LearnVest, FutureAdvisor, and Personal Capital.
  • Forbes speaks with Actiance CEO to learn how Socialite helps companies overcome challenges using social media.
  • Prepaid Resources adds FraudGuard security services to their BenefitsDirect Direct Deposit management solution.
  • MasterCard wins Mobile Money Innovation award at the GSMA World Congress in Barcelona, along with partners Etisalat and Oberthur Technologies.

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.

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Finovate Alumni News– January 18, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Azimo, BillFloat, ImpulseSave, MasterCard, MoneyDesktop, Movenbank, SaveUp, SmartyPig, Tuition.io, Virtual Piggy
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports: ImpulseSave Launches Chrome Plugin to Encourage Savings.
  • SaveUp allows users to vote for potential prizes.
  • SmartyPig introduces the SmartyPig OneClick Chrome extension.
  • Get Rich Slowly blog features Tuition.io.
  • Forbes covers Virtual Piggy, calling it PayPal for Kids. Come see Virtual Piggy demo at FinovateEurope.
  • Springwise features Movenbank. Come to FinovateEurope and see Movenbank’s live demo of its new platform.
  • American Banker reports: STAR Financial Bank Rolls Out PFM Software from MoneyDesktop.
  • Virgin Mobile, C Spire test BillFloat as financing option.
  • Mastercard moves to ease EMV migration within U.S.
  • Azimo announces £300,000 ($480,000 USD) angel investment round. Come see their demo at FinovateEurope in February!
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.

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SaveUp Allows Users to Vote for Potential Prizes

By Julie Muhn (@julieschicktanz) Posted on
Categories: SaveUp

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Gamified-savings and rewards platform, SaveUp, is holding a contest allowing users to vote for prizes they want to see on the platform to increase engagement.

As of right now, users have three and a half more days to vote for prizes or submit one of their own. If a user suggests the prize that receives the highest number of votes, they earn 1,000 credits in their SaveUp account.

SaveUpPrizes.jpg

Users can vote once per day on the prize of their choice. All prizes are valued around $100. Popular ones include:

    • Emergency fund
    • Victoria’s Secret gift card
    • $100 toward Nest Thermostat
SaveUpVote.jpg

To learn more about SaveUp, watch its FinovateSpring 2012 demo.

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Finovate Alumni News– January 7, 2013

By David Penn Posted on
Categories: ACI Worldwide, Bazaarvoice, Enloop, FIS, GMC Software Technology, Lending Club, Mitek, SaveUp, Simple, SoMoLend, Temenos, TransferWise, Xendpay

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  • ACI Worldwide launches ACI Money Transfer System 5.0.
  • Suncorp Bank chooses FIS to manage ATM and POS transactions
  • 500Friends to integrate LoyaltyPlus platform with Bazaarvoice.
  • Financial Edge Community CU partners with SaveUp.
  • Mitek issued new patent for “Methods for Mobile Image Capture and Processing of Documents”.
  • The Financial Brand checks out the “Simple” way of banking.
  • The New York Times looks at SoMoLend’s take on crowdfunding, seeking out institutions to serve as lenders.
  • New York Times looks at Enloop’s hassle free business plan writing service.
  • The Telegraph highlights TransferWise as a cost-saving option for overseas money transfers.
  • Luxembourg’s Nordea Bank picks Temenos to standardize IT infrastructure.
  • GMC Software Technology helps Gala Bingo move to “third generation” bingo tickets.
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.

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Finovate Alumni News– January 4, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Andera, Comarch, CR2, Fiserv, Jwaala, Kashoo, Klarna, Monitise, Nomis Solutions, Pageonce, SaveUp
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBremer Bank to implement Fiserv’s mobile banking and payment technology.
  • Boeing Helicopters Credit Union moves to Andera’s oFlows for online account opening.
  • SaveUp launches a no spend challenge: a financial detox.
  • Pageonce featured in Gentle9.com’s Top 10 Apps of the week.
  • Jwaala helps Michigan First Credit Union improve remote deposit capture services.
  • The Swedish Wire lists Klarna as one of Sweden’s more popular employers among young professionals. 
  • Nomis Solutions announces Global Pricing Forum in April.
  • Monitise appoints Brad Petzer as new CFO, Executive Director.
  • Alior Bank to deploy Comarch Smart Finance.
  • AllAfrica.com interviews CR2 CEO, Martin Dolan about Nigeria’s Cashless Lagos Project.
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.

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

By David Penn Posted on
Categories: ActivePath, Affinity Solutions, Arroweye Solutions, Banno, Bazaarvoice, Betterment, Boku, Braintree, Capital Access Network, Cartera Commerce, CashStar, Continuity Control, Controlabill, Credit Sesame, Currensee, DemystData, DoughMain, Dwolla, edo Interactive, eToro, Finsphere, FreeMonee, FutureAdvisor, Fuze Network, HelloWallet, Jemstep, Jingit, Kabbage, Kony Solutions, Lending Club, MiiCard, Nutmeg, Pindrop Security, planwise, SaveUp, SecureKey, ShopKeep POS, SoMoLend, The Currency Cloud, ThreatMetrix, Waspit, Xero, Yodlee, Zopa

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.

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Third Quarter 2012 Funding for Finovate Alumni: More Than $50 Million Raised

By David Penn Posted on
Categories: CashStar, Continuity Control, DemystData, FreeMonee, FutureAdvisor, On Deck Capital, SaveUp, The Currency Cloud

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August was the biggest funding month of the third quarter. Six companies raised more than $49 million, led by FreeMonee, which alone raised $34 million.

In addition to the eight companies listed below, On Deck Capital raised $100 million in credit facility commitments in late August. 

Here’s the Q3 summary for 2012:

July — $6 million raised by 2 companies

August — More than $49 million raised by 6 companies

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.

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Finovate Alumni News– October 17, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Bazaarvoice, CSI globalVCard, Equifax, Giftly, ImpulseSave, PayPal, SaveUp, Taulia, Yodlee
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBazaarvoice unveils newest edition of its Bazaarvoice Connections offering.
  • Yodlee Interactive doubles annual growth in its API business.
  • Filene conducts independent review of SaveUp program.
  • GigaOM reports PayPal offers small businesses simple Bill Me Later financing option.
  • Taulia teams with SAP HANA & Amazon Web Services.
  • Equifax introduces EFX Link, advanced customer data integration solution that gives a 360-degree view of customers.
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.

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Finovate Alumni News– October 8, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Dynamics, Kashoo, LearnVest, mFoundry, SaveUp, Taulia, The Currency Cloud, Virtual Piggy
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCU Insight reports CU Solutions Group partners with SaveUp.
  • mFoundry announces cloud-based Fin.X solution.
  • Taulia featured on Start-ups and Technology: Real Game-Changers presented by SAP.
  • Kashoo CEO, Jim Secord, gives company update.
  • AOL Daily Finance reports Dynamics and UMB increase experience provider rate to 0.5% for ePlate payment system.
  • Business Insider goes behind the scenes of LearnVest’s latest product launch.
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.

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Finovate Alumni News– October 2, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Backbase, Braintree, Cortera, Fenergo, Figlo, Geezeo, ID Analytics, InComm, Lighter Capital, MoneyDesktop, Monitise, SaveUp, Truaxis, Yodlee

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  • InComm celebrates 21 years in the payments industry.
  • Backbase introduces My Backbase, a platform supporting integrators, partners, professionals, prospects and customers.
  • ID Analytics and iovation partner to fight online fraud.
  • Yodlee strengthens management team with three key executives.
  • The Financial Brand features SaveUp’s saving gamification model.
  • Monitise announces partnership with eMerit Solutions.
  • Fenergo enhances FATCA Compliance Solution with auto-classification.
  • Cortera appoints Gary Brooks as Chief Marketing Officer.
  • Entrepreneur Magazine features the success of a business recieving financing through Lighter Capital.
  • Geezeo signs Riverside Community CU.
  • TechCrunch reports: Braintree eases signup process for developers
  • Money Marketing takes an in-depth look at FinovateFall demos.
  • MyBankTracker reports MoneyDesktop launches Sleek Mobile Apps.
  • New Dutch bank uses Figlo Platform to offer online financial overview.
  • Citi using Statement Rewards from Truaxis to bring card linked offers to cardholders.
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.

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Finovate Alumni News– September 5, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Acculynk, Actiance, Blackhawk Network, Cachet Financial Solutions, InComm, Lending Club, MoneyDesktop, MOOTWIN, Personal Capital, SaveUp, SecureKey, Tradeshift
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgJP Nicols, CEO of Clientific advisory firm, mentions Personal Capital, MoneyDesktop, and Actiance as 3 companies to watch at FinovateFall.
  • Former E*TRADE General Counsel joins Lending Club as General Counsel and Chief Compliance Officer.
  • SecureKey teams up with Dell for private cloud expansion.
  • Safeway announces preparations for Blackhawk IPO. Come check out Blackhawk at FinovateFall.
  • Acculynk announces acquisition of PayLeap Gateway & Merchant Services.
  • Mootwin partners with Progress to build mobile apps.
  • Sacramento’s Fox40 interviews Priya Haji, SaveUp CEO.
  • South Metro FCU offers members mobile deposits through Cachet Financial Services. Come see Cachet at FinovateFall.
  • InComm announces minority investment by Warburg Pincus.
  • Tradeshift selected by UK-based strategic outsourcing & energy corp to implement e-invoicing solution.
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.

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