SecondMarket Archives - Page 3 of 6

Finovate Alumni News — February 19, 2013

By David Penn Posted on February 19, 2013
Categories: Acculynk, Arroweye Solutions, Azimo, Bill.com, Billhighway, Braintree, Compass Plus, EZBOB, FIS, Fiserv, Fuze Network, Hidden Levers, Pageonce, planwise, Prosper, Q2ebanking, SecondMarket, SoMoLend, Tradeshift, TransferWise, Yodlee

Rescuecom highlights TransferWise as low cost, currency conversion option.

Acculynk‘s Payzur brings person-to-person payments to consumers on PULSE debit/ATM network.

Compass Plus helps Russian-based FI SwitchMaster reach processing benchmark.

ekmPowershop announces partnership with EZBOB.

American Banker reports: Planwise to Participate in Yodlee’s Incubator Program.

BillHighway hires new CFO.

Arroweye Solutions reports 40% growth due to 175% uptick in open loop card production, added 27 new clients in 2012.

Fuze Network now guarantees no late fees.

Bill.com to provide Frantopia with accounting services.

Prosper unveils new protection for lenders.

The Next Web reports: Tradeshift adds support for accounting services Sage and Kashflow, helping businesses get paid.

Forbes considers how SoMoLend provides capital to small businesses.

VentureBeat reports SecondMarket is partnering with CircleUp to allow investors to invest in up-and-coming consumer product businesses.

Thomaston Savings Bank selects Q2ebanking’s full suite of ebanking solutions.

HiddenLevers launches portfolio stress testing app to help advisors generate leads.

Fiserv awarded Best-in-Class rating in 2012 Anti-Money Laundering Technology Review.

Gifting app Wrapp selects Braintree to power payments.

Social Commerce Today features Azimo.

FIS launches new P2P platform.

Pageonce adds person-to-person payment functionality to mobile app.

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 24, 2013

By Julie Muhn (@julieschicktanz) Posted on January 24, 2013
Categories: Access Development, Bazaarvoice, BBVA, Boku, Credit Agricole, Credit.com, Keynote DeviceAnywhere, peerTransfer, SecondMarket, TASCET, True Office, TSYS

The WSJ looks at angel investing via SecondMarket.

BOKU announces mobile payments partnership with U.S. Cellular.

In 4Q 2012, peerTransfer partnered with 51 schools. Over 25% of international students in the U.S. can pay their education expenses using peerTransfer.

TSYS announces partnership with Priority Payment Systems.

Jim Offerdahl appointed as new Bazaarvoice CFO.

Credit Agricole is the first bank in Portugal to provide contactless cards. See their demo at FinovateEurope in February!

Keynote offers free mobile testing via DeviceAnywhere.

American Banker reports: Iowa Bank Creates Digital Identities from Fingerprints & Photos using TASCET’s Financial ICONN software.

VentureBeat reports BBVA pools $100 million fund to invest in fintech startups. Come see BBVA’s live demo at FinovateEurope.

Credit.com announces “best balance transfer card” as part of Best Credit Cards in America series.

TrueOffice announces $3 million raised in Series A financing. Catch their demo at FinovateEurope in February.

Access Development launches “Savings Across America” customer incentive product.

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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SecondMarket and CircleUp Form Partnership

By Julie Muhn (@julieschicktanz) Posted on January 11, 2013
Categories: SecondMarket

SecondMarket, a secondary trading market for pre-IPO companies, announced today that it has partnered with CircleUp, an equity-based crowdfunding platform.

PandoDaily reported today that New York-based SecondMarket will cross-list companies raising funding on the CircleUp platform. This gives SecondMarket users the ability to invest in the equity of early-stage companies. So far, five companies have completed funding rounds on the CircleUp platform.

This news comes three weeks after SecondMarket’s announcement of a similar partnership with AngelList.

SecondMarket demonstrated at FinovateStartup 2009.

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Finovate Alumni News– January 9, 2013

By David Penn Posted on January 9, 2013
Categories: Betterment, Cardlytics, Check Point, Comarch, Dwolla, eToro, Experian, FIS, Keynote DeviceAnywhere, Movenbank, NICE Systems, Pageonce, SecondMarket, ShopKeep POS, Simple, Tuition.io, VoiceTrust

Androidever.com takes a look at Pageonce.

Gartner highlights Comarch Commission & Incentive in recent report.

FIS announces expanded relationship with Modern Woodmen Bank.

TomTom uses Keynote DeviceAnywhere for real-time performance monitoring in Paris.

The New York Times features Simple’s approach to customer service.

Check Point Software Technologies introduces new ZoneAlarm 2013 security product line, integrates Facebook Privacy Scan.

MyBankTracker looks at Movenbank’s new site layout. Come see Movenbank’s live demo at FinovateEurope Feb 12 and 13.

Daily Tekk interviews Brendon McQueen, CEO of Tuition.io.

eToro launches new version of its WebTrader platform.

Dwolla introduces new look, allows users to apply for higher transaction limits.

Cardlytics opens office in San Fran, appoints new SVP of Marketing. Come see Cardlytics demo at FinovateEurope next month.

CNBC interviews Barry Silbert, SecondMarket CEO, to understand why entreprenuers avoid IPOs.

Bank Systems & Technology considers how NICE’s newest solution uses voice recognition to prevent fraud. Come see NICE demo its new tech live at FinovateEurope in London February 12 and 13.

Getapp.com reviews ShopKeep POS.

Biometric Update highlights a year of new customers and pilot projects from VoiceTrust.

TechCrunch features a video interview with Betterment CEO and founder, Jon Stein.

Experian announces deal to provide address and mortality screening services to Guardian Financial Services.

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– December 18, 2012

By Julie Muhn (@julieschicktanz) Posted on December 18, 2012
Categories: Acculynk, BellaDati, BillFloat, Concur, Diversinet, Dwolla, Experian, InComm, Intuit, Mint.com, Monitise, PaySimple, planwise, SecondMarket, Simple, TradeKing, TSYS, Virtual Piggy, Wonga

Dwolla launches the ability to send money over Twitter.

Planwise launches free online tool that’s like Google Maps for your money to visualize your future spending.

Intuit-owned Mint to collaborate with Monitise to enhance banks’ mobile apps with Mint functionality.

InComm buys majority stake in Adility. Financial terms have yet to be announced.

Equity Administration Solutions collaborates with SecondMarket so clients can more easily manage shareholder information.

PaySimple named Red Herring Global Top 100 winner.

Mashable recommends using planwise.

Wonga launches PayLater, a service that offers users financing deals on online purchases with certain retailers.

BellaDati opens first international office in Seoul.

Experian announces IntelliView, a web-based query, analysis and reporting tool that gives 24-7 access to quarterly consumer credit data.

Diversinet’s mobiSecure SDK to power ultra-secure messaging in AirStrip Technology’s mHealth application.

Acculynk’s Payzur heads west as Washington credit union offers P2P service to members.

Long-term payments agreement announced between TSYS and Merrick Bank.

Bible Money Matters takes a closer look at the merger between Zecco and TradeKing.

BillFloat to provide handset financing options for MetroPCS customers.

Virtual Piggy signs agreement with CardinalCommerce to integrate its youth payment tech into their Centinel Universal Merchant Platform through Cardinal.

TechCrunch reports Concur to use Nor1’s eStandby Upgrade tech to make hotel offers available to their business travel customers via TripIt.

Simple shows off Android app teaser on Twitter and Facebook. The app to launch early next year.

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– November 12, 2012

By Julie Muhn (@julieschicktanz) Posted on November 12, 2012
Categories: Boulevard R, Concur, Dwolla, SecondMarket, TradeHero

TechCrunch reports Concur launches $150 mil “Perfect Trip Fund” to invest in travel startups; invests $2 mil in Evature’s Virtual Travel Agent.

Investment News examines how Boulevard R is involving advisors in 401(k) discussions.

Techgoondu lists 3 fintech startups from FinovateAsia to watch.

The Digital Insurer reports Finovate Singapore – A very impressive conference for financial services technology.

GigaOm reports: More startups let employees sell shares on SecondMarket amid IPO uncertainty.

Tech in Asia says TradeHero is probably one of the best startup ideas in Singapore.

Forbes considers the perspective of Ben Milne, Dwolla CEO on the future of money.

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– November 9, 2012

By Julie Muhn (@julieschicktanz) Posted on November 9, 2012
Categories: BankBazaar, Bill.com, Blackhawk Network, Capital Access Network, CustomerXPs, Heckyl Technologies, Kabbage, Personal Capital, ReadyForZero, SecondMarket, ShopKeep POS, SigFig, SimpleTuition, SoMoLend, Tuition.io, UBank, Weemba, Xero

Bill.com Featured in USA Today.

Billcom adds open APIs to banking platform.

Blackhawk Network Announces New Financial Service Products in Canada.

Startup Central looks at Heckyl, Clari5 and BankBazaar at FinovateAsia.

VentureBeat considers SecondMarket’s partnership with Angellist.

M.O. interviews Constancio Larguia, CEO & founder of Weemba.

SiliconBeat looks at Personal Capital’s 401(k) product.

Kabbage Becomes Exclusive Funding Provider for Bonanza Sellers.

Entrepreneur features SigFig.

American Banker reports: Bill.com Ties Cash-Flow Tools to Banks’ Small Business Software.

Finextra reports UBank gathers transaction data for spending comparison site.

Xero to dual list on ASX and NZX.

ShopKeep POS announces entry into the quick serve market with full kitchen printing capabilities.

Mashable lists SimpleTuition, ReadyForZero, and Tuition.io as tools to help minimize student loan debt.

Capital Access Network moves Headquarters to NYC.

Crowdfund Insider reports SoMoLend Announces New York Expansion.

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 18, 2012

By Julie Muhn (@julieschicktanz) Posted on October 18, 2012
Categories: Bolstr, BrightScope, Fiserv, Kabbage, PlayMoolah, SecondMarket, The Currency Cloud, ThreatMetrix

BrightScope adds Dr. Stephen Coggeshall, CTO of ID Analytics, to Advisory Board.

Channel News Asia features PlayMoolah.

ChannelAdvisor partners with Kabbage to enable retailers to secure funding for e-commerce growth.

Fiserv adds features to wealth management platform.

The Paypers interivews Andreas Baumhof of ThreatMetrix.

The New York Post features SecondMarket.

Compliance Week explains how Bolstr enables small business capital ahead of JOBS Act.

Digital Money Blog features podcast of Michael Laven of The Currency Cloud.

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 16, 2012

By Julie Muhn (@julieschicktanz) Posted on October 16, 2012
Categories: BankersLab, Fiserv, Holvi, InComm, MyCyberTwin, SecondMarket, Waspit

Arctic Startup reports: Holvi’s Banking Service Used To Provide Open Budgets For Political Campaigners.

VentureBeat features BankersLab’s new CollectionLab simulation game.

Team Capital Bank partners with SecondMarket.

Iowa State Daily profiles Waspit.

InComm acquires On-Line Strategies, a software & services company.

AT&T signs a multi-year, sole provider agreement for Fiserv’s CheckFreePay walk-in bill payment service.

Australian IT reports MyCyberTwin plans to expand into mass uptake market after setting out to prove itself in the enterprise sector.

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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SecondMarket Releases Snapshot of Users

By Julie Muhn (@julieschicktanz) Posted on August 7, 2012
Categories: SecondMarket

Yesterday alternative investment marketplace, SecondMarket released a snapshot of the private companies that use its platform.

The survey, which is meant to paint a picture of the typical private company using SecondMarket, is based on a six-month assessment over the course of the first half of 2012.

Here are some highlights:

Companies use the SecondMarket platform for three main reasons:

Replace early shareholders with new, strategic investors who are supportive of the company’s long-term vision
Attract and retain key employees
Satisfy liquidity demands of their shareholders

$329 million average market cap
$108 million average funding received
Average company age is 7 years
Preferred stock accounts for almost 60% of shares sold
Almost 50% of companies using SecondMarket are in the gaming industry, while 10% represent the financial industry
Hedge Funds represent almost half of all buyers, while Family Offices account for a little over 20%

SecondMarket demoed at FinovateStartup 2009.

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Finovate Alumni News– August 7, 2012

By Julie Muhn (@julieschicktanz) Posted on August 7, 2012
Categories: Aptys Solutions, Cortal Consors, CurrencyFair, Mortgagebot, SecondMarket, Zopa

Mortgage Technology examines how Gerrard Schmid plans to combine Mortgagebot’s POS & Avista’s LOS tech.

Zopa reports biggest month yet with nearly £8 mil leant between members in July.

Cortal Consors wins Mobile Banking award from German-based “Leseraward Börse Online und n-tv”.

Aptys Solutions announces Midwest Independent Bank as new bank customer.

Australia’s Financial Review profiles CurrencyFair.

SecondMarket releases snapshot of users.

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– July 27, 2012

By Julie Muhn (@julieschicktanz) Posted on July 27, 2012
Categories: Continuity Control, Credit Sesame, Lending Club, Prosper, SecondMarket, SecureKey, Tuition.io

Social Lending Network considers the futures of Lending Club & Prosper.

Continuity Control receives remaining $1 million of its $2 million series B funding round.

Credit Sesame announces the launch of its new Android App. Come see the live demo of their newest at FinovateFall.

SecureKey appoints Charles Walton as new CEO.

Business Insider names Tuition.io as a creative idea to help manage student loans. Come see their live demo at FinovateFall.

SecondMarket names former U.S. Congressman Scott Murphy to Board of Directors.

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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