Swipely

Finovate Alumni News– December 3, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Blackhawk Network, Cardlytics, Digital Insight, Geezeo, Jack Henry, MasterCard, Swipely, wipro, Xero
  • Finovate-F-Logo.jpgSwipely expands to new HQ building.
  • Wipro to buy mortgage consultancy firm Opus Capital Markets Consultants.
  • Apex Community FCU to offer Geezeo white label PFM.
  • Forbes highlights Cardlytics‘ growth and future of card-linked offers.
  • Xero adds 2 Australian banking partners: Greater Building Society and Investec.
  • TechCrunch reports: Blackhawk Network Picks Up Gift Card Startup, Retailo, To Bolster Its Reach In Europe.
  • C-SAM launches MasterPass-powered (MasterCard) digital wallet solution for FIs.
  • Jack Henry Banking wins outsourcing contract with Univest Corporation of Pennsylvania.
  • NCR to buy Digital Insight from Thoma Bravo for $1.65 billion.
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 28, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Kony Solutions, Locaid, Swipely, TipRanks, Tyfone, wipro
  • Finovate-F-Logo.jpgSwipely named one of America’s top job creators with 2013 ‘Hire Power’ Award from Inc. Magazine.
  • Wipro launches Mobility Center of Excellence with Kony in Hyderabad.
  • Tyfone trials smart card-based mobile banking security.
  • Locaid CEO Rip Gerber talks location verification services in new interview.
  • TipRanks launches Windows Phone 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– September 24, 2013

By David Penn Posted on
Categories: Braintree, Cachet Financial Solutions, Capital Access Network, Digital Insight, Doxo, Entrepreneurial Finance Lab, ERN, FIS, Google, PayPal, Swipely, Xero
Finovate-F-Logo.jpg

  • Capital Access Network listed among Information Week’s top U.S. technology innovators in 2013.
  • FIS announces analytics programs for customers.
  • Swipely now managing $1 bil in annual sales, 1 yr. after entering payments market & launched Swipely Partner Network.
  • Cachet Financial Solutions announces Select Mobile Lending, a new mobile app.
  • MasterCard and Entrepreneurial Finance Labs join forces to promote SMB growth in developing nations.
  • TechCrunch reports PayPal, Stripe, & Braintree partner with Facebook to autofill billing info in mobile commerce apps.
  • ERN partners with FICO to embed FICO’s marketing solutions within its real-time Big Data analytics platform Looop.
  • Mountaineer Gas joins doxo to simplify bill delivery, payment, and record keeping for its 220,000 customers.
  • Digital Insight announces new CEO, John O’Malley.
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 30, 2013

By David Penn Posted on
Categories: Akamai, Betterment, BillGuard, Cardlytics, Cartera Commerce, Credit Karma, Dynamics, edo Interactive, eToro, FIS, FutureAdvisor, Kasasa, LearnVest, Manilla, MasterCard, OpenCoin, Swipely
  • FinovateLOGO.jpgOpenCoin is among the virtual currency innovators looking to form a self-regulatory body for the industry.
  • MasterPass from MasterCard launches in the United Kingdom.
  • Bank Innovation takes a look at FIS Global’s recent remarks on the company’s technology deal with Sainsbury.
  • Yahoo Finance looks at rewards earned using Dynamics ePlate credit card.
  • StreetFight features reasons to opt in for card-linked loyalty programs from Cartera Commerce, Cardlytics, edo Interactive and Swipely.
  • Netbanker features BillGuard, Manilla, and Credit Karma as value-added apps driving mobile adoption.
  • eToro adds price alerts to eToro Trader app.
  • Bright Ideas features Noreen Hafez, senior product marketing manager at Akamai.
  • Kasasa holds sweepstakes, films big-bank breakup video, featuring CEO Gabe Krajicek.
  • Betterment joins fellow Finovate alumni FutureAdvisor and LearnVest in this NYT column on bringing “financial planning to the masses.”
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 8, 2013

By David Penn Posted on
Categories: Intuit, Realty Mogul, Swipely, TSYS
  • FinovateLOGO.jpgTSYS announces multi-year agreement to bring debit card services to KBC Bank in Ireland.
  • Inman News’s Real Estate Connect column includes Realty Mogul in its list of companies likely to benefit from passage of the JOBS Act.
  • Swipely’s Amanda MacArthur talks strategies for serving millennials.
  • Bank Innovation’s Hornblass takes a close look at Intuit’s decision to sell its IFS unit to Thoma Bravo.
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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Second Quarter 2013 Funding for Finovate Alumni — More than $200 Million Raised

By David Penn Posted on
Categories: Affinity Solutions, Cardlytics, Credit Karma, Dwolla, Kony Solutions, On Deck Capital, OpenCoin, peerTransfer, Personal Capital, Receivables Exchange, SeedInvest, SumUp, Swipely, TransferWise, Zooz

FinovateLOGO.jpg

For the second quarter of 2013, fifteen Finovate alumni raised more than $200 million. The quarterly total exceeded both that of the previous quarter as well as the same quarter last year.*

  • Q2 2013: 15 companies raised more than $200 million
  • Q1 2013: 15 companies raised more than $155 million — blog post
  • Q2 2012: 14 companies raised more than $120 million — blog post
Here’s the Q2 summary for 2013:

April — $32 million raised by two companies
May — $91.5 million raised by seven companies
June — $81.7 million raised by six companies

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*While the funding over last year has increased, so has the number of Finovate alums. We’re tracking more than 100 additional companies this year compared to last year.

Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

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Finovate Alumni News– May 22, 2013

By David Penn Posted on
Categories: Capital Access Network, CashStar, Comarch, Locaid, Service2Media, SimpleTuition, Swipely, Temenos, Wipit
  • FinovateLOGO.jpgBangor Daily News blogger interviews CashStar CEO Steven Boal.
  • Service2Media announces implementation of mobile app development platform.
  • Locaid CEO Rip Gerber wins CTIA “Ingenious Innovator” award for product and service innovation.
  • Temenos unveils DataSource, their new enterprise data management system.
  • Take a peek at the new look of Comarch Smart Finance.
  • Swipely earns $12 million in Series B funding.
  • Big banks boost Capital Access Network’s lending capacity by more than 50%.
  • SimpleTuition announces $4 million Series D round.
  • Pandai brings on John Porter as Chairman.
  • PandoDaily reports: Google closes Checkout, pushing thousands of merchants into Braintree’s arms.
  • Arxan’s mobile app integrity protection platform now supports the Tizen OS, protecting Tizen apps from cyber threats.
  • eToro reaches 50 million trades landmark.
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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Swipely Earns $12 Million in Series B Funding

By David Penn Posted on
Categories: Swipely

Thumbnail image for SwipelyLogo9.11.jpg

Shasta Ventures led the financing round. Joining them were current investors First Round Capital, Greylock Partners, and Index Ventures.

Swipely plans to use the $12 million in new capital to help finance growth nationwide, as well as building the network of merchants who use their payment marketing technology. This latest round of funding brings the company’s total to more than $20 million.

Some additional metrics:
  • Manages more than $700 million in annual sales.
  • Maintains service to merchants in 130 cities and towns in the U.S.
  • Provides consumer behavior analytics on more than 2 million customers
Swipely targets merchants with more than $30,000 in monthly credit card sales.
Founded in 2009 and headquartered in Providence, Rhode Island, Swipely launched its Payment Marketing solution in 2012. The company earned a spot on Forbes’ list of “America’s Most Promising Companies” and was named one of the “Best Places to Work in Rhode Island” by Providence Business News.
Swipely was among the companies to debut its technology at FinovateSpring 2012. See its demo here.

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Swipely Adds Two Features: Campaign Insights and Reputation Management

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

SwipelyLogo9.11.jpg

Customer loyalty management platform, Swipely announced today that it is adding two new features in May, merchants in more than 100 cities nationwide will be able to access these features for free:

1) Campaign Insights
This will help companies measure the impact that online and offline marketing campaigns have on sales. This includes:

    • Event-based campaigns
    • Twitter and Facebook marketing (see 1 below)
    • Customer reviews from Yelp and Google (see 2 below)
Campaign Insights conducts follow-up monitoring after the marketing campaigns conclude, in order to determine how many customers return over time (see 3 below).
SwipelyInsight2.jpg

2) Reputation Management
Swipely provides one platform from which small businesses can manage their reputation, including the capability to:

    • Monitor and manage their online reputation on Google, Yelp and OpenTable (see 1 below)
    • Engage with specific customers and address their online reviews directly from Swipely
    • Compare reputation with other businesses (see 2 below)
SwipelyReputation.jpg

Swipely is currently managing more than $500 million in annual sales and provides merchants with insight into the behavior of nearly 1.5 million customers. This represents 100% growth in just the last quarter.

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

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Finovate Alums Make America’s Most Promising Companies List

By David Penn Posted on
Categories: Boku, Lending Club, On Deck Capital, Swipely

Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAccording to Forbes, four of the 100 most promising companies in the United States right now aren’t just fintech companies. They are Finovate alumni, as well.

Of the four, Lending Club is the highest rated, earning the number 12 spot in Forbes‘s “America’s Most Promising Companies” roster. Also making the top 50 was Boku, with alumni On Deck Capital and Swipely helping round out the list.
Interestingly, Swipely CEO Angus Davis recently made a “most promising” list of his own.  Davis was featured along with more than 20 of his peers in a profile of “America’s Most Promising CEOs Under 35” also compiled by Forbes.
Here’s a closer look at the alumni featured.
  • Rank: 12
  • Revenue: $16 million
  • Employees: 125
  • Demo video
  • Rank: 38
  • Revenue: $195 million
  • Employees: 115
  • Demo video
  • Rank: 94
  • Revenue: $37 million
  • Employees: 152
  • Demo video
  • Rank: 95
  • Revenue: $1 million
  • Employees: 36
  • Demo video

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Swipely Expands Payment Acceptance Platform for Local Merchants

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

Thumbnail image for SwipelyLogo9.11.jpg

Payment acceptance and rewards platform, Swipely, announced its Winter 2013 release this week.

The release brings three main upgrades:

1) Swipely’s CRM tool automatically updates a customer’s information each time they pay using a credit card. The tool creates a profile for credit-paying customers that details total money spent, number of transactions, average spend, and the customer’s lifetime value.

SwipelyCRM.jpg

2) Tablet-optimized merchant dashboard that now includes:

      • Simpler to use platform
      • Analytics on a store-by-store basis or in aggregate for retailers with multiple locations
      • Heat Map that indicates sales performance by hour
      • Daily Journal that shows merchants how weather, Facebook posts, and other factors impact buying patterns
SwipelyAnalytics.jpg

3) Expanded support of POS middleware solutions, including:

    • Breadcrumb
    • Comcash
    • Dinerware
    • First Data
    • Focus
    • Isis POS
    • PC Charge 
    • Authorize.net
    • Many others

The Rhode Island-based company has already upgraded existing merchants to the new release, and interested merchants will be upgraded with no extra cost.

In addition, Swipely informed me that it recently crossed the threshold of a quarter billion dollars in processing.

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

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Swipely Launches Payment Marketing Platform

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateSpring 2012, Swipely

SwipelyLogo9.11.jpg

Afterwards, Swipely debuted its payment marketing platform:
Swipely’s payment marketing platform will combine payment processing with loyalty, offers, and analytics. This enables businesses to leverage expenses they already incurred through payment processing.
Product Launched: FinovateSpring 2012
HQ Location: Providence, RI
Company Founded: August 2009
Metrics: 35 employees, $8.5 million raised
Website: swipely.com
Introducing Angus Davis (Founder & CEO)

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