Finovate Alumni News

On Finovate.com

  • Grayscale Selects Coinbase to Store Crypto Assets

Around the web

  • Bobsguide awards Taulia partnership award for its alliance with NHS Business Services.
  • Tuition.io powers student loan repayment for Montefiore St. Luke’s Cornwall.
  • CREALOGIX records over $101 million (CHF 100 million) in sales for the first time.

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

On Finovate.com

  • Fintonic’s $21.4 Million Funding Boosts Valuation to $180 Million.
  • Sezzle Raises $5.6 Million in New Funding.
  • Fintech’s Innovation Opportunity: From AI to UX.

Around the web

  • Dwolla wins Best B2B Payments Product in the FinTech Breakthrough Awards.
  • G2 Crowd names Signifyd the leader in customer satisfaction in the fraud protection market.
  • FreeAgent launches new option that lets you create estimates that exclude the VAT amount from totals.
  • RightCapital selected to join LPL Financial’s Vendor Affinity Program.
  • American Banker: Envestnet to add lending option to its wealth services.
  • Taulia taps Google Cloud to launch AI-powered invoicing solution.
  • LendIt recognizes CuneXus as Top Emerging Tech Company, marking the company’s 3rd major industry recognition of 2019.

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.

Taulia Upgrades with AI

Alternative supply chain financing company Taulia announced this week it is tapping into AI to boost its platform’s Working Capital, Invoicing, and Intelligent Platform programs.

The new AI engine leverages data on supplier behavior and combines it with external factors to help clients make more precise predictions, and ultimately better decisions, on early payment programs and working capital strategies. Vincent Beerman, Senior Director of Product at Taulia, said that the AI improvements will translate to “less risk and more reward.”

“This is an exciting and massive achievement for Taulia,” said Cedric Bru, CEO. “This step in our product journey is all about bringing knowledge and decision-making to our clients to make early payment programs stronger, more efficient and more cost effective for all parties in the supply chain.”

Founded in 2009, Taulia helps businesses build healthy supply chains by providing supply chain financing options that offer flexible payment terms. The tools help businesses accelerate payments and free up working capital. Suppliers that use Taulia receive financing offers based on their historical payment behavior, the APR they are willing to accept, and their financial standing.

At FinovateEurope 2015, Taulia debuted Enhanced Discounting to the European market. Headquartered in San Francisco, Taulia’s network connects 1.6 million businesses across 168 countries and has accelerated more than $91 billion in early payments.

Finovate Alumni News

On Finovate.com

  • eToro Buys Blockchain Company Firmo.

Around the web

  • ING Belgium and ING Netherlands invite Minna Technologies to participate in the ING FinTech Village accelerator.
  • Tink delivers split transactions feature.
  • Pitchbook ranks OurCrowd as most active Israeli VC firm in terms of the number of deals.

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

On Finovate.com

  • Entrust Datacard Sees Fruit from NASA’s Jet Propulsion Laboratory.

Around the web

  • Taulia releases a record-breaking $6 billion in early payments for suppliers in the second quarter – up from $4.5 billion in the previous quarter.
  • BBVA enhances security by enabling customers to manage security levels on their smartphones from a single point in the app.
  • InComm launches Google Play gift cards in Thailand as it celebrates its 10th anniversary in the Asia-Pacific region.

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

On Finovate.com

  • Gusto Launching its Own Yelp for Accountants.
  • Fintonic Bolsters Platform’s Loan Options with BBVA Partnership.

Around the web

  • Multiple-time Best of Show winner Ondot Systems launches its digital card services platform.
  • Thomson Reuters and ICAP announce five-year extension of their partnership.
  • TransferWise lands its first big European bank customer with new agreement with France’s BPCE Group.
  • NY Times features Unison’s approach to shared equity home ownership investment
  • Taulia has record $4.5bn First Quarter.
  • Cardlytics refinances credit facilities with Square 1 Bank.
  • Ripple to give $50 million to universities including Princeton, MIT, and UCL for blockchain research.
  • Foothills Credit Union selects Digital Onboarding for new member onboarding technology.

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

On Finovate.com

  • Dynamics Leverages Sprint’s Wireless Network for New IoT Connected Card.
  • Kyckr Lands Global Payment Provider Client.

Around the web

  • Taulia announces milestone, accelerating $1 billion in invoices in a single day.
  • Klarna extends partnership with ACI Worldwide, now reaching 10 major markets including the U.S. and U.K.
  • Marquette Bank ($1.6 billion in assets) builds on existing relationship with Baker Hill by adding risk management, loan origination and other solutions.
  • Datanami highlights Narrative Science’s natural language processing tech.
  • Disruptor Daily names eToro, Motif, Kapitall among 9 companies to watch in 2018.

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

On Finovate.com

  • National Bank of Canada Joins SecureKey’s Digital Identity Network.
  • P2Binvestor Launches Bank Partnership Program.
  • doxo Surpasses 30,000 Payable Billers on its Platform
  • Contextual Commerce Platform Omnyway Raises $12.75 Million in Series A.

Around the web

  • ConnectOne Bank ($4.7 billion in assets) to deploy nCino’s Bank Operating System.
  • ACI Worldwide partners with European clearing and settlement firm, STET, to bring real-time payment solution to PSPs.
  • FICO reports increased accuracy of its Enterprise Security Score when it comes to predicting data breaches.
  • Finastra moves its payments solution to the cloud via Microsoft Azure.
  • Trusted Knight partners with eTECH Channel.
  • CloudTrade and Taulia partner to enable businesses to transition to paperless invoicing.
  • iSignThis’ ISXPay initiates further Australian card acquiring/processing contracts.
  • BancPass announces license agreement with mobile tolling provider PayTollo.
  • EFL a finalist in the 2017 MIT Inclusive Innovation Challenge.
  • Datanami article on bot technology features insights from Narrative Science CEO Stuart Frankel.
  • MoneyMarketing highlights SpyCloud in a look at the safety of life and pensions company data.

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

On Finovate.com

  • Aire Pulls in $5 Million, Lands Partnerships with Zopa and Toyota Financial Services.
  • New Investment Boosts Betterment Valuation to $800 Million.
  • Klarna Announces Strategic Investment from Permira.

Around the web

  • PayPal extends partnership with JP Morgan Chase, providing greater payment options for consumers.
  • Taulia joins European E-invoicing Service Providers Association.
  • Persistent Systems agrees to acquires Swiss firm Parx Werk in deal valued at $16 million.
  • ID Analytics partners with Acxiom to strengthen risk assessment and combat fraud.
  • Dwolla adds Multi-User Feature to the Access API Dashboard.
  • Neener Analytics joins Plug&Play fintech accelerator.
  • Tavant selected by Fairway Independent Mortgage To Transform Its Digital Lending Experience.

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

On Finovate.com

  • Microsoft Marketing Vet Jeremy Korst Joins Avalara as New CMO.

Around the web

  • New York-based BizFi reaches $2 billion in originations.
  • LTP: Trulioo CEO Stephen Ufford writes about the problem of gift card fraud.
  • Boku extends partnership with Microsoft to support carrier billing to France.
  • Exostar teams up with Taulia to bring supply chain finance to the aerospace and defense industry.
  • Avoka, SocietyOne, and SuiteBox named finalists for Fintech Business Awards.
  • HBR: Narrative Science CEO Stuart Frankel writes about talking chatbots.
  • Quantopian recognized by Boston Globe as a “Company to Watch in 2017.”
  • Let’s Talk Payments features Kontomatik’s successful 2016.
  • Dashlane to support Intel Software Guard Extensions to help protect your passwords with hardware-enhanced security.
  • OurCrowd marks 4 years, $320m raised, 100 startups, 9 exits.

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.