Finovate Alumni News

On Finovate.com

  • Check out this week’s “FinDEVr APIntelligence”
  • “Loan Matchmaker Lendio Posts 2015 Growth Numbers”
  • “Open API! Shamir Karkal to Head BBVA’s New Developer Platform”

Around the web

  • eWise expands data aggregation network to include institutions in Singapore and Thailand.
  • Peel Hunt Technology’s sector report highlights Featurespace.
  • ThreatMetrix enters into agreement with FUJI SOFT to provide online fraud solutions to Japan.
  • Lending Club opens to retail investors in Maryland and North Dakota, bringing its total to 45 states and Washington D.C.
  • Striata makes its Secure Document Repository (SDR) available for general release.
  • Spend Matters interviews Cedric Bru, Taulia CEO.
  • Zooz taps former Worldpay executive Chester Ritchie as its new EVP of sales and development.
  • Temenos announces plans for $500 million refinancing of its banking facilities.
  • Payfone deploys at an additional tier-1 bank in the U.S., now protects 50+ million U.S. accounts.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • Check out this week’s FinDEVr APIntelligence.
  • Akamai’s New Bot Manager Offers Insight into Bot Activity.

Around the web

  • Morocco-based microfinancier, Albaraka implements core banking system and CRM from Infosys Finacle.
  • Aerospike unveils version 3.7 of its NoSQL database. Aerospike returns to FinDEVr on 29 & 30 March 2016 in New York City.
  • TransferTo forges partnership with Vodafone Group to bring real-time international money transfers to M-Pesa Mobile Money accounts.
  • LoanNow begins reporting loan repayment behavior data to TransUnion.
  • Taulia partners with supplier information management solutions company Lavante.

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:

  • Former HP Exec Rob Binns Appointed New CFO at Misys.
  • Ripple Partners with SBI Holdings to Meet Demand in ASEAN Countries.
  • Sparkroom Acquired by Digital Media Solutions.
  • Finovate Alums Raise More Than $3 Billion in 2015.

Around the web:

  • United Nations Federal Credit Union ($4.3 billion in assets) to deploy DNA core processing platform from Fiserv.
  • Which.co.uk compares money transfer innovators like CurrencyFair to banks to find the best way to send money overseas.
  • eToro launches its first, major UK advertising campaign: “Take the Bull by the Horns.”
  • Taulia Wins GABA’s 2016 Startup and Innovation Award.

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 Announces Record New Bookings; New CMO Holzapfel

Taulia Announces Record New Bookings; New CMO Holzapfel

Taulia_homepage_Jan2016b

A year-over-year gain of 219% in new bookings growth is the highlight of a record fourth quarter from financial supply-chain innovator Taulia, which added 50,000 suppliers across 71 countries in Q4. New customers include “two of the world’s top 10 retailers” as well as a “leading pharmaceutical manufacturer and one of the largest U.S. hospital networks.”

Taulia also announced hiring Barbara Holzapfel as its new chief marketing officer. Holzapfel was previously CMO at Addepar, and served on the leadership team at SAP.

Taulia_BarbaraHolzapfelTaulia CEO Cedric Bru called Holzapfel a “powerhouse” and praised her expertise in strategic marketing and operations. “From incubating SAP’s supplier-relationship management business to driving significant growth through innovation strategies, she has time and again proven her leadership and marketing savvy,” Bru said.

Taulia’s new CMO will join a relatively new C-level management. Earlier this month the company hired a new Chief Financial Officer, John Varughese, and Bru himself joined Taulia as CEO less than a year ago last April. Before working with SAP, Holzapfel did strategic marketing at The Coca-Cola Company in Atlanta, Georgia. She holds an MBA from the University of Michigan, and a business degree from Germany’s Universität des Saarlandes.

In addition to tripling new bookings from the previous year, Taulia highlighted a number of other quarterly and 2015 milestones:

  • Provided more than $50 billion in financing to suppliers in more than 100 countries
  • Maintained  a 100% customer renewal rate
  • Forged a strategic alliance with KPMG
  • Earned recognition as a 2015 National Best and Brightest Company to Work For
  • Raised $46 million in funding, bringing total capital to more than $130 million

Founded in June 2009 and headquartered in San Francisco, California, Taulia demonstrated its Enhanced Discounting at FinovateEurope 2015.

Finovate Alumni News

On Finovate.com

  • Taulia Announces Record New Bookings; New CMO Holzapfel”
  • MX Recruits Don MacDonald, Former Intel and Fiserv CMO”

Around the web

  • Cachet Financial Solutions deploys its Select Mobile Deposit solution for Kentucky-based Whitaker Bank Corporation.
  • UBS hires Markit to manage its Investment Bank’s investible indices.
  • The Hindu quotes Cloud Lending Solutions’ CEO and co-founder Snehal Fulzele on digital transformation.
  • Personal Capital launches Financial Fitness program for employers to help employees reach their wealth goals.
  • Zopa wins Personal Loan Provider of the Year at the Consumer Moneyfacts Awards 2016.
  • Bank Innovation features video of Ripple CEO Chris Larsen discussing the internet of value at Davos.
  • CB&S Bank selects Insuritas to power its insurance-agency solution for customers.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

 

Taulia Raises $46 Millon in Series E; Names New CFO

Taulia Raises $46 Millon in Series E; Names New CFO

Taulia_homepage_Jan2016

In a round led by Zouk Capital, financial supply-chain specialist Taulia has raised $46 million in new funding.

A number of unnamed, new strategic and institutional investors participated in the round, as well as all of Taulia’s existing institutional investors. The new infusion of capital takes the company’s total to more than $130 million.

Taulia CEO Cedric Bru said the investment would help “further accelerate (Taulia’s) rapid expansion,” and praised the “global experience” of his company’s investors. “We are in the best position to fuel the next stage of Taulia’s explosive growth,” he said.

Taulia_stage_FEU2015

Pictured (left to right): Taulia Director of European Marketing Matthew Stammers and Director of European Solutions Consulting Christophe Juvanon demonstrating Taulia Enhanced Discounting at FinovateEurope 2015.

Zouk Capital CEO Samer Salty praised Taulia’s ability to “streamline and strengthen” the financial supply chain. Salty called the company a “clear match” with his firm’s strategy of “backing high-growth companies that use technology to create efficiency.”

Taulia uses advanced e-invoicing, supplier management, and supplier financing to help connect companies like Coca-Cola Bottling, Hallmark, John Deere, and other Fortune 500 firms to their suppliers. Since inception, Taulia has processed more than $150 billion in transactions for 700,000 suppliers in more than 100 countries.

Recent headlines for the company include its partnership with KPMG, announced in December, and joining the OFS Portal community in November. In July, Taulia earned a spot in CIO Review’s 20 Most Promising Procurement Solution Providers for 2015.

Taulia also announced today that John Varughese had joined the company as its new Chief Financial Officer. Formerly of Perella Weinberg Partners, Varughese will be responsible for all finance, legal, and human resource operations at Taulia. Bru, who joined Taulia as CEO last April, praised Varughese’s “strategic leadership and significant entrepreneurial experience.”

“(Varughese) helped some of the biggest names in Silicon Valley succeed,” Bru added, “and we can’t wait to put his skills to work as an integral part of our leadership team.”

Founded in 2009 and headquartered in San Francisco, Taulia demonstrated Taulia Enhanced Discounting (TED) at FinovateEurope 2015. The company also has offices in London, Dusseldorf, and Sofia.

Finovate Alumni News

On Finovate.com

  • PayPal Taps into Bitcoin by Adding Wences Casares to Board”
  • Taulia Raises $46 Million in Series E; Names New CFO”
  • Check out “Finovate Debuts: Authy’s Password Alternative”

Around the web

  • DriveWealth teams up with StockRadar to provide investors in China with access to U.S. stocks.
  • DNB Luxembourg goes live with Temenos core banking system.
  • Three credit unions in British Columbia—Bulkley Valley Credit Union, North Peace Savings and Credit Union, and Spruce Credit Union— choose DNA account processing technology from Fiserv.
  • Wealthfront launches new, free portfolio review service.
  • Insuritas to power insurance agency solution for Greater New Orleans Federal Credit Union.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • Check out this week’s “FinDEVr APIntelligence”
  • “Finovate Debuts: ArcBit Introduces its Secure, Easy-to-Use Bitcoin Wallet”
  • “FIS Closes SunGuard Acquisition to the Tune of $5.1 Billion”

Around the web

  • CSI globalVCard launches partnership program for banks for its electronic payments program.
  • SavingAdvice.com highlights how Personal Capital can help you gain control of your finances.
  • Credit Sesame features millennial-friendly robo-adviser investment-platforms: Betterment, FutureAdvisor, SigFig, Blooom.
  • Quisk selected as a 2015 Red Herring 100 Global Winner.
  • TSYS signs payments agreement with Atlanticus to continue support of loan-origination platform, Fortiva.
  • Digital Insight unveils Business Banking, an SaaS solution to enable FIs to offer personalized banking experiences to business customers.
  • Q2 opens new offices in Lincoln, Nebraska, to accommodate growth, acquisition of Centrix Solutions.
  • Xignite Market Data APIs now available on SoundHound’s Houndify sound recognition and search-technology platform.
  • Let’s Talk Payments features Trustev, Trulioo, and Trunomi in its look at “RegTech” startups in Europe and the U.S.
  • Temenos wins “Best Provider of Front-to-Back Wealth Suite Solutions” at Asian Private Banker’s Technology Awards 2015.
  • Avalara partners with open-source billing and payments platform, Kill Bill.
  • Silicon Prairie News interviews Daniel Carnes, CSO at Prairie Cloudware, on the future of cybersecurity.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “FinovateSpring 2016: Last Chance for presale tickets!”
  • “Exit Stage Right: Trustev sells to TransUnion for $44 Million”
  • “CBANC Network Garners $4 Million in Series B Funding”

Around the web

  • Kony launches Mobile Field Service solution to make field workers mobile.
  • Glassdoor recognizes Credit Karma as one of the Best Places to Work in 2016 in Employee Choice Awards.
  • KPMG and Taulia partner to help organizations improve supplier relations.
  • Prosper launches new investor API platform, as well as developer documentation site.
  • SayPay Technologies and MaxMyInterest win Acceleration Awards in the UBS Future of Finance Challenge.
  • Crains New York Business highlights MaxMyInterest as a New York fintech startup.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: DriveWealth Brings U.S. Stocks to Overseas Investors”
  • “FinovateEurope 2016 Presenting Companies Announced
  • “Personal Capital Lowers Investment Minimum from $100,000 to $25,000″

Around the web

  • Intuit teams up with Kiva to provide small business financing via QuickBooks financing platform.
  • National Bank of Abu Dhabi, (Nbad) Egypt, to deploy BankWorld from CR2.
  • Xero announces new partnerships with Bigcommerce and KPMG.
  • Open Bank Project partners with Ulster Bank to organize Hack Make the Bank, Jan 29 thru 31, 2016.
  • CIBC and Thinking Capital partner to expand SMB lending in Canada.
  • Entrust Datacard releases Datacard MX Series Laser 350 that provides new personalization features.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.
  • Taulia joins the OFS portal community.
  • Fidelity Charitable partners with Coinbase to allow people to contribute bitcoin to their donor-advised funds.

This post will be updated throughout the day as news and developments emerge. You can also follow all alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

Around the web

  • Tech Vibes features Trulioo in its look at fintech in Vancouver.
  • Taulia receives SAP-certified integration with the SAP NetWeaver technology platform.
  • Internet Retailer examines Tradeshift’s growth.
  • Mobile Payments Today: InComm’s drive to bring open-loop prepaid to mobile wallets.

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

  • “Behalf Closes $119 Million Series D”
  • “Neon Release Adds Touch ID and Enhanced Notifications to Oink 2.0″
  • “ShopKeep Rings Up $60 Million Investment”

Around the web

  • Citibank India and MasterCard launch digital wallet, Citi MasterPass, in India.
  • This is Money features TransferWise in a look at the lack of transparency in exchange fees.
  • LoanNow earns #4 spot in Orange County Business Journal’s “Best Places to Work in Orange County 2015” roster.
  • PYMNTS looks at how PayPal’s Paydiant is powering Subway’s mobile-payments app.
  • Payments Views talks with Doug Yeager, HCE inventor and CEO of SimplyTapp, in its latest podcast.
  • Expensify launches New Investment Fund, Expensify Ventures, for fintech startups.
  • American Banker considers how banks are using startups such as Social Money and Qapital to bolster their offerings.
  • Dashlane launches One-Tap Password Changer for Apple Watch and iPhone.
  • John Hancock Retirement Plan Services now offers Morningstar’s HelloWallet financial wellness tool to plan-sponsors on its Total Retirement Solution platform.
  • Arroweye Solutions to provide EMV Credit and Debit Cards for Mountain America Credit Union.
  • TechCrunch: Betterment tops 100,000 customers and $2.5 billion AUM.
  • Taulia reports record revenue and ten customer wins for Q2 2015.
  • Mobile Payments Today looks at InComm’s drive to bring open-loop prepaid to mobile wallets.

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.