Finovate Alumni News– September 27, 2013

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      Real estate tech firm Tribus is integrating Planwise’s PFM to help homebuyers evaluate the affordability of listings.

    • MyBankTracker lists Check, Manilla, and Personal Capital as 3 finance apps just as good as Mint.
    • MoneyDesktop marketing video wins 2013 Telly Award.
    • PC World features 11 FinovateFall demo companies. 
    • Singapore-based MyHero earns $10M from Kleiner Perkins and others to enhance TradeHero app.
    • What’s the Next Big Thing in financial services? Ideas from FinovateFall and beyond.
    • American Banker: The cutting edge of online banking, as practiced by a Polish bank (mBank).
    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.

    Asia-Based Finovate Alumni Score More Than $200 Million in Financing

    As we prepare to bring FinovateAsia to Singapore November 14, we researched the funding of six Asia-based companies who demoed at FinovateAsia last year. Combined, these companies raised more than $215 million from a variety of investors:

    BankBazaar, a credit processing platform that allows banks to offer consumers 7-minute credit eApproval on retail credit products.

    CustomerXPs creates technology that proactively senses cross-sell, attrition, customer engagement and fraud in real-time.
    DemystData enables real-time analysis of big data from consumers and SMBs, allowing for improved interactions as a result of richer, more relevant information. 
      • Venture Round: undisclosed amount from VentureLab
      • Series A: undisclosed amount from Accion and Arbor Ventures
      • FinovateAsia 2012 demo
    Heckyl provides real-time financial information, news analytics, trend matrix, and heat maps for coverage of markets, companies, and businesses. 
    TradeHero, a virtual trading community where the system models trades and ranks trader performance by proven returns on investment.
    Wipro, an information technology, consulting, and outsourcing company that delivers solutions to enable its clients to do business better.
      • Total of $205 million from cMango, Gallagher Financial Systems, Science Applications International Corp., and Promax Application Group
      • FinovateAsia 2012 demo

    The funding for these companies comes from a diverse set of investors, many of whom are based in Asia. Janus recently published a piece outlining venture funding options available to Singapore companies. For the most part, Singapore’s equity financing scene is quite similar to the U.S., but there are a few significant differences:

      • The VC scene in Singapore is small compared to the U.S. and Europe
      • Singapore’s government actively pursues VC firms to invest in Singapore startups and entices them with tax and other monetary benefits
      • There are more than 100 VC firms in the city today
      • Many VC firms in Singapore focus on late-stage expansion financing, but some offer financing for early-stage startups
      • Types of VC firms in Singapore range from independent limited partnership to corporate-backed firms
      • Singapore VCs are attracted to services, manufacturing and the high-tech industry

    At this year’s FinovateAsia, while not all demoing companies are looking for funding, each will show up to the MAX Atria @ Singapore Expo stage with their newest technology. Want to learn more? Check out FinovateAsia homepage or get your ticket here to be a part of the event.

    FinovateAlumni News– July 2, 2013

    • Finovate-F-Logo.jpgLending Club’s platform has originated $2 billion in total personal loans, $158 million of loans in June alone.
    • HSBC Bank Oman launches SecureKey for internet banking and upgrades mobile banking app.
    • Adidas to accept SafetyPay for online payments across Latin America.
    • Iowa government will soon accept Dwolla as payment for property and vehicle taxes.
    • The American Bankers Association endorses the card-linked offer technology powered by Linkable Networks.
    • The Next Web reports: Virtual stock market game startup TradeHero aims for $5m funding and 1m users by year-end.
    • Monitise and Telefonica enter mobile money partnership.
    • The Globe and Mail looks at On Deck Capital, Lending Club, and CommunityLend’s FinanceIt as alternative financing.
    • Money Insider column in The Independent features Azimo.
    • Pymnts.com interviews TSYS Director of Acquiring Solutions Product Management, Tedd Huff on payment processing.
    • OpenCoin launches Bitcoin Bridge, an e-commerce enabler for Ripple.
    • CEOCFO Magazine interviews Blaze Mobile CEO Michelle Fisher.
    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– April 9, 2013

    • Finovate-F-Logo.jpgAG Beat features Entrepreneurial Finance Lab.
    • BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.
    • Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.
    • South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.
    • Business Credit Radio features Sue Heilbronner, PaySimple’s Chief Growth Officer.
    • American Banker highlights Plastyc’s unique approach to serving prepaid card users. Watch Plastyc’s demo at FinovateSpring.
    • Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.
    • American Banker looks at Braintree’s multi-merchant approach. Come see Braintree demo at FinovateSpring.
    • Live Science considers how Narrative Science
      automates journalism and report generation. See Narrative Science’s live demo at FinovateSpring.
    • Quantopian announces algorithm development competition.  The company will demo at FinovaeSpring in May.
    • Bank Innovation reports: Intuit will continue to support FinanceWorks.
    • Reuters takes a look at TipRanks. See them demo at FinovateSpring.
    • eDeposit announces major new features in upgrade of mobile app.
    • TradeHero a winner at Echelon Singapore Satellite pitch competition.
    • INTJ Capital gives kudos to Quantopian’s decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.
    • American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.
    • Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo at FinovateSpring.

    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– March 29, 2013

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    • Atlanta Business Chronicle takes a look inside the TSYS/NetSpend merger.
    • TradeHero reaches $5 billion in virtual currency traded over 350,000 trades in the first three months.
    • Washington Trust Bank to deploy Jack Henry & Associates‘ SilverLake System core processing platform.
    • The Options Insider interviews TradeKing CEO Don Montanaro.
    • Leading U.S. healthcare insurer invested more than $250k to implement a Kofax-based solution. See Kofax demo at FinovateSpring.
    • Bill.com announces it enables more than 175k businesses to pay and get paid.
    • Fargo bank adds Fiserv mobile banking, payment tools.
    • Dwolla site back up after DDoS attack.
    • BBC Easy launches C & I Loan Management Software for businesses looking to save time on cumbersome BBCs. Check out BBC’s demo at FinovateSpring.
    • Keynote DeviceAnywhere platform now integrated with Worksoft Certif.
    • AH Capital raises more than $100,000 using Realty Mogul’s real estate crowd funding platform. Join Realty Mogul in San Francisco this May at FinovateSpring.
    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– January 11, 2013

    • iOSnoops reviews TradeHero Mobile.
    • Netbanker considers how Prosper, Zopa, and Lending Club have disrupted lending.
    • American Banker reports on NICE Systems’ launch of voice authentication technology. Watch its live demo at FinovateEurope Feb. 12 and 13.
    • P2P Lending News: Zopa CEO talks to BBC Radio.
    • BostInno talks with ImpulseSave CEO on how it can help with all kinds of New Year’s resolutions.
    • Equifax partners with DocuSign for easy e-sign and submission of Transcript of Tax Return form.
    • Fiserv enhances TradeFlow, its post-trade processing solution. Come to FinovateEurope in London to see the live demo of its new technology.
    • ZDNet looks at how miiCard is solving identity verification headaches.
    • Digital Journal reports on EZBOB’s battle with Amazon in the small business financing space.  See them at FinovateEurope in February.
    • Leadfusion collaborates with McCulluy Design Lab to get a new look.
    • Happy birthday, TSYS!  Company celebrates 30th anniversary on Friday.
    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– December 19, 2012

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    • Bolstr featured on Fox Small Business News.
    • InComm and Dollar General launch Microsoft Xbox LIVE Prepaid PIN on receipt service.
    • BMO Bank of Montreal and Monitise partner on mobile money solutions for BMO Customers.
    • Cachet Financial Solutions and PSCU partner to provide remote deposit capture technologies to Nation’s Credit Unions.
    • Dating service Soul2Match selects miiCard to combat fraud and help members prove they are real people.
    • MoneyDesktop develops partnership with CUBUS Solutions for online banking PFM integration.
    • Church Community Builder to integrate with ProfitStars Remote Deposit Capture.
    • SGEntrepreneurs.com talks TradeHero on the iPhone.
    • Fuze Network surpasses 3.5 million mark in processing cash-to-card transactions.
    • Motley Fool features BrightScope and the best 401(k) plans of 2012.
    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– December 13, 2012

    • Manilla update means one app is all you need to manage expenses from bills to subscriptions.
    • Just in time for the holidays TradeHero is now available at the Apple app store.
    • Former Treasury Secretary Lawrence Summers to join Lending Club board of directors.
    • CorFire announces strategic integration with PayPal.
    • Speaking of PayPal, you can now fund your account with cash using PayPal’s new “PayPal My Cash Card.”
    • Credit Sesame launches free credit-monitoring service.
    • Wipro announces the launch of SmartOffers, in partnership with Intuition Intelligence.
    • On Deck Capital adds American Express veteran to head marketing efforts.
    • InComm launches the Paypal My Cash Card.

    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– November 26, 2012

    • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports MoneyDesktop aims to make PFM more appealing.
    • Bass Pro Shops and Zappos.com added to Virtual Piggy’s digital distribution channel.
    • The Globe and Mail features SecureKey.
    • The Austin Statesman reports: Workers Praise Q2ebanking’s “Family-Type Environment”.
    • TransCard to use DeviceFidelity’s NFC tech to offer a new white-label mobile wallet. 
    • Kashoo Accounting version 2.0 for iPad now available on iTunes. 
    • Tech in Asia calls TradeHero “probably one of the best startup ideas in Singapore.”  
    • Ian McKenna takes a detailed look at innovations demoed at FinovateAsia.
    • Shamir Karkal, Simple CFO, explains where Simple’s ideas came from and how the project got off the ground.
    • The Banker interviews Bailey Klinger, Co-founder and CEO of EFL.
    • BancBox to set up a development center in Chandigarh, India.
    • Greedful.com features WeSeed: “The Stock Market Game that Pays Off”. 
    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– November 12, 2012

    • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTechCrunch 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.