Tradeshift Inks Deal & Investment from Intuit

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What’s better than a deal that turns your current customer base of 150,000 small and medium-sized businesses into a potential field of five million?

The same deal, with an undisclosed but “multi-million” dollar investment thrown in for good measure.

That’s how the year is beginning for Tradeshift. The company announced that it has formed a partnership with Intuit, integrating its e-invoicing and business transactions platform with QuickBooks. The new free app, which connects to customer’s Tradeshift or Quickbooks accounts, will be available first to QuickBooks users in the United Kingdom.

The company also announced a significant investment from Intuit, which will join Tradeshift’s board of directors. Although the amount was undisclosed, it has been characterized as “multi-million”.

Newly available to QuickBooks users, the app will also be an opportunity to further test Tradeshift’s social networking approach to business. CEO and founder Christian Lang has said that “invoicing is one of the few business processes that’s really viral.” Thanks to Intuit, he’ll now have five million opportunities (and undisclosed millions in new capital) to help prove his point.

See Tradeshift in action in this video from their demo at FinovateEurope 2012.

Finovate Alumni News– January 25, 2013

  • Silicon Valley Business Journal interviews BillFloat CEO and co-founder Ryan Gilbert.
  • Commercial Bank of Qatar to deploy latest version of TSYS card and merchant management platform.
  • TransferWise wins “Best Middleweight Startup” at The Europas.  See them demo at FinovateEurope in February!
  • Concur rolls out new datacenters in France and the Netherlands.
  • Santander receives 2012 Banking Technology Award for Best Security Initiative for its SIM swapping solution, developed with ValidSoft.
  • Portland’s KATU.com features Simple.
  • UK’s KashFlow integrates with Tradeshift to enable SMBs who use its cloud-based accounting software.
  • The Paypers reports: Geezeo enters 2 new partnerships.
  • VatorNews considers what’s next for Lending Club.
  • Cachet Financial Solutions partners with Volunteer Corporate to provide mobile RDC to their 325 member CUs.
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 23, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTemenos wins praise as “top advisor solution” from Aite Group.  Come see their demo at FinovateEurope in February!
  • Spredfast announces Bazaarvoice integration.
  • Pageonce reaches $1 million mark in daily mobile bill payments processed.
  • A look at TradeKing after the merger.
  • ACI Worldwide‘s Money Transfer System helps FIs with Dodd-Frank compliance.
  • EZBOB forms partnership with ChannelGrabber.  Watch EZBOB in action at FinovateEurope!
  • Monitise and CGI Logica form mobile FS alliance to target European retail banks.
  • Tradeshift partners with Intuit to bring its social invoicing platform to more than 5m QuickBooks users.
  • American Banker reports: Fiserv extends relationship with BofA. Come to FinovateEurope in London to see its live demo.
  • CNBC talks with Alexa Von Tobel, LearnVest CEO.
  • Bill.com and Expensify announce product integration.
  • GrowthBusiness profiles Holvi. Comes see Holvi’s new tech at FinovateEurope next month.
  • Fast Company reports you can now pay taxes in Iowa using Dwolla.
  • SimpleTuition reports 2012 success metrics for SmarterBucks program.
  • DemystData a finalist in AWS Global Startup Challenge. 
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 28, 2012

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  • Payelp Global partners with SafetyPay to expand online payment options for merchants and customers worldwide.
  • Enloop releases the next generation of its business planning app to help entrepreneurs plan businesses.
  • Social Money announces launch of new product, CorePro, with a new partner, The Bancorp.
  • Tradeshift announces partnership with Verbella CMG, an SAP Content mgmt. solutions provider.
  • Anton Commissaris, a founding exec of Mint.com, joins Credit Sesame as COO.
  • Betterment enhances advice for life goals.
  • Capital Access Network names advisory board to guide launch and growth of latest offering to small businesses, CapTap.
  • CNBC reports CashStar, WEX partner to provide eGift card services.
  • New partnership with Klarna helps 3dcart reach European customers.
  • Compass Plus earns high ranking in annual PayX report.
  • AdExchanger interviews Bazaarvoice Media GM Barkow.
  • Team Bronson Moneymakers reviews Jingit.
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 16, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgInternational Adviser features The Currency Cloud.
  • Time Magazine looks at P2P lending strategies with Prosper and Lending Club.
  • ThreatMetrix Wins Bronze for the Enterprise Product of the Year in Best in Biz Awards 2012.
  • Blackhawk Network reaches multiyear agreement with Facebook gifting app, Wrapp.
  • Vestas Wind Systems signs with Tradeshift.
  • Bazaarvoice appoints CFO Steven Collins to CEO.
  • Acculynk announces First Data Corp Executive VP Mark Herrington to join Board of Directors.
  • TechCrunch: Flint Mobile exits beta to take on Square with its camera-based mobile payment app. 
  • Portfolio Football re-brands, officially launches Sports Lever.
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 15, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHelloWallet launches new design for web app.
  • TIO Networks signs 5 yr agreement with City Utilities of Springfield to provide financial services.
  • TechCrunch reports Tradeshift Lands Huge Global Client For Its New CloudScan Product.
  • FutureAdvisor wins Bronze in Best in Biz Awards 2012.
  • Finextra reports Artisans’ Bank chooses Andera oFlows for online deposits.
  • American Banker reports CFPB to Collaborate with Startups BillGuard, Plastyc and Simple.
  • Ping Identity ranked Number 166 Fastest Growing Company in North America on Deloitte’s 2012 Technology Fast 500.
  • Braintree expands to Australia, Providing Sophisticated Payment Tools for Australian Merchants.
  • Kony Solutions opens Brazilian office, announces Itau Unibanco as a client.
  • Allfiled today announced the addition of miiCard verified identities to its personal data service platform.
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– October 15, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTradeshift announces strategic partnership with PrimeRevenue SCF.
  • Thomson Reuters launches mobile web app for investor relations.
  • CashStar and Comet launch UK’s first comprehensive eGift card program.
  • PaySimple appoints former PayPal employee Andrew Lanthier as CTO.
  • Upstart Business Journal looks at the approach Kabbage and Lighter Capital take on small business financing.
  • Q2ebanking introduces Q2clarity, customizable analytics across mobile, online and security platform.
  • Barron’s recommends using findabetterbank.com to cut bank fees.
  • City AM reports Monitise user numbers quadrupled in the last year to 17m.
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– October 3, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZoo names baby monkey after Kasasa.
  • Tradeshift announces interoperability agreement with OFS Portal.
  • VentureBeat profiles BellaDati. Come see BellaDati demo at FinovateAsia.
  • Deposit Accounts looks at Kasasa’s checking rewards.
  • Monitise teams up with eMerit Solutions to develop mobile payment opportunities for businesses.
  • ProfitStars introduces Gladiator Advanced Malware Protection.
  • miiCard opens API to First Global Trusted ID as a service platform.
  • Lending Club to use Oracle ERP cloud service.
  • VentureBeat reports Xero brings its accounting software to Android.
  • PYMNTS News reports: Compass Plus helps Quipu achieve 100% service availability.
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– September 26, 2012

  • Upstart Business Journal mentions Virtual Piggy, Waspit, & Kiboo as catering to young customers.
  • On Deck reaches 1 million daily debit payments.
  • Communication FCU enlists Tyfone to provide customers with mobile banking solution.
  • TRADESHIFT increases language support to 190 countries.
  • TIO hits $100M mark for mobile bill payments.
  • Boston Business Journal reports Linkable Networks raises $3.2M.
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– September 5, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgJP Nicols, CEO of Clientific advisory firm, mentions Personal Capital, MoneyDesktop, and Actiance as 3 companies to watch at FinovateFall.
  • Former E*TRADE General Counsel joins Lending Club as General Counsel and Chief Compliance Officer.
  • SecureKey teams up with Dell for private cloud expansion.
  • Safeway announces preparations for Blackhawk IPO. Come check out Blackhawk at FinovateFall.
  • Acculynk announces acquisition of PayLeap Gateway & Merchant Services.
  • Mootwin partners with Progress to build mobile apps.
  • Sacramento’s Fox40 interviews Priya Haji, SaveUp CEO.
  • South Metro FCU offers members mobile deposits through Cachet Financial Services. Come see Cachet at FinovateFall.
  • InComm announces minority investment by Warburg Pincus.
  • Tradeshift selected by UK-based strategic outsourcing & energy corp to implement e-invoicing solution.
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– August 24, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMaybank Singapore launches mobile banking services on Tagit’s mobile platform.
  • Simple (formerly BankSimple) launches goals feature.
  • Global Enterprise selects Tradeshift to roll out e-invoicing to 36k suppliers.
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– July 9, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTechCrunch reports HelloWallet brings its PFM to Android.
  • Tradeshift announces Supplier Choice Movement.
  • TASCET uses Financial ICONN technology to mitigate tax return fraud.
  • Timesfreepress.com features Rebirth Financial.
  • ProfitStars recognized as 2012 Microsoft ISV-Windows Azure Partner of the 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.