Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: Slice Introduces Intelligent Shopping API”
  • “Arxan Technologies Drafts Joe Sander as CEO”

Around the web

  • Kasasa reaches milestone: 300+ community FIs now offer Kasasa to members, a total of 823,000 accounts.
  • NY Times lists Betterment, Coinbase, Wealthfront, ZenPayroll as companies that may be the next startup unicorns.
  • Crowdfund Insider: Zopa tops £1 million in loans, a U.K. first for peer-to-peer lending.
  • Global News interviews Karl Martin, Nymi CEO and founder.
  • Trustly bolsters team with appointments from H&M and Klarna.
  • FIS launches financial inclusion lab in India.
  • SME Insider interviews CurrencyTransfer.com‘s CEO Daniel Abrahams.
  • Silanis to deploy eSignLive technology with TransGuard and Occidental Fire & Casualty.
  • Puerto Rico-based Evertec to enable mobile e-commerce courtesy of Acculynk’s PaySecure.
  • Payoneer wins contract with Dailymotion.
  • NPR interviews Pindrop Security‘s CEO Vijay Balasubramaniyan.
  • Selling Power ranks OnDeck 17 out of 50 on its list of 2015 Best Companies to Sell For.
  • Nostrum Group receives FCA authorization for debt administration to cover its involvement in customer loan accounts and debt collection.

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

  • “Redesigning the Value Chain: Q&A with Michiel Schipper of Topicus”

Around the web

  • Trustly appoints CCO from Société Générale and director of sales from Klarna Group.
  • Swiss Re partners with Backbase to develop a new digital platform for selling and servicing life and health products online. Come see Backbase at FinDEVr on 6/7 October in San Francisco.
  • PayItSimple launches in the United Kingdom.
  • Greater Nevada, $550 million in assets, hires Insuritas to launch insurance agency.
  • Paybefore: “How the Ripple Protocol Could Change Payments”
  • PayPal’s Braintree supports Apple Pay in the U.K. with its v.zero SDK. Come see Braintree at FinDEVr this fall.
  • Billhighway adopts SnapApp platform to develop and publish interactive content that increases market engagement.
  • ReadyForZero lists Prosper and Lending Club as 2 of the top 3 debt-consolidation loan companies.
  • Betterment launches SmartDeposit feature.
  • Market Prophit licenses its platform to Nasdaq’s Market Intelligence Desk.
  • The Flying Merchant to use digital eKYC solution from iSignthis to meet AML requirements.
  • The Economic Times India features ArthaYantra, Betterment, FutureAdvisor, and Wealthfront in a review of robo-advisors.

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

  • Social Money Teams Up with Sallie Mae to Provide Goal-based Savings Accounts
  • Finovate Debuts: Shoeboxed’s Features Help Banks Dig Into Level 3 Data
  • Personal Capital Launches Retirement Planner to Give You a Reality Check

Around the web

  • Trustly creates double-digit increase in conversion rate after launching with Logitravel, now constitutes 40%+ of all transactions.
  • PYMNTS interviews Vishal Patel, senior marketing leader at Tradeshift on how the company makes the supply chain run smoothly.
  • Personal Capital launches retirement-planning tool.
  • Finance Magnates features Tradier in today’s Fintech Spotlight.
  • NICE Actimize, a division of NICE Systems, launches its Customer Due Diligence suite.
  • Mobile Syrup features FinanceIt, “the money lender for the smartphone age.”
  • InvestorIntel for Investors highlights Lending Club, Prosper, and FundAmerica in its look at startups in the crowdfunding industry.
  • Upstart Business Journal talks about how Malauzai Software is enabling “wearable banking.”
  • Let’s Talk Payments interviews Jingit CEO Kate Bolster.
  • BuzFeed lists TradeHero among its “13 apps that’ll teach you something new every day.”
  • Business Insider examines how LoopPay could help Samsung take the “early lead” in mobile payments.
  • PaymentsSource quotes Prairie Cloudware CRO Doug Parr in a column on Apple Pay adoption (sub req).
  • Payments Source features BehavioSec’s biometric security solution (paywall).
  • Emitac Enterprise Solutions partners with Kony to speed the delivery of enterprise mobile apps.
  • Cartera Commerce launches Splender, a new eCommerce and cash-back shopping website.

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

  • “Finovate Debuts: LoanNow Helps Borrowers ‘Outperform their FICO Score'”

Around the web

  • HedgeCoVest launches its real-time, hedge fund replication platform.
  • First Republic Bank to deploy virtual banking solutions from Q2 Holdings.
  • The Independent takes a look at Klarna and the power of micropayment.
  • oneID featured in MacWorld as a two-factor authentication app for the Apple Watch.
  • Allied Wallet now a supported online payment provider of Spreedly.
  • emX Select from eMoney Advisor now integrated with Dropbox.
  • Süddeutsche Zeitung features Trustly and Klarna (in German).
  • Bank Innovation profile on alternative fintech capitals looks at Iceland and highlights Meniga.
  • Ripple Labs adds former Depository Trust & Clearing Corporation (DTCC) CEO Donald Donahue as advisor.
  • A review of local fintech startups in the Boston Globe features Kensho and Quantopian.
  • Temenos wins “Best Core Banking System” honors from Banker Africa East Africa Awards 2015.
  • American Banker considers how Namu covers the emotional side of banking.
  • Entrepreneur lists Patch of Land as 1 of 100 brilliant companies to watch in 2015.
  • Pendo Systems wins awards from international financial technology publications, the New Jersey Technology Council, and SWIFT.
  • Asian Wealth Times: “Singapore’s MoneySmart to Launch PFM tools with Ewise”
  • Finaeos teams up with TATA Consulting Services to help SMBs take advantage of Regulation A+ of the JOBS Act.

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 Alums Populate the FinTech50

Looking for the most innovative startups in fintech? The FinTech50 is a great place to start.

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It also turns out to be a great place to find Finovate alums. Of the 50 companies recognized by FinTechCity’s panels of judges as being “game-changers transforming the future of finance,” nearly half are alumni of Finovate conferences – including our upcoming event in London.
Here is the list of alums in alphabetical order:
According to Chris Skinner, who was one of the panelists, more than 700 companies competed for spots in the FinTech50. The selection panel included veterans of finance and technology from companies ranging from American Express and Google to Silicon Valley Bank and UBS. The FinTech50 winners were announced at an invitation-only event in London.
Speaking of London, Five Degrees, InvoiceSharing, Ixaris, mBank, and Trunomi will be in town next month, demonstrating their latest solutions at FinovateEurope 2015, February 10 and 11. More information on the event available here.

Trustly Announces $30 Million Investment from Bridgepoint Development Capital

Trustly Announces $30 Million Investment from Bridgepoint Development Capital

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Trustly, the Swedish payments company that began 2014 with a deal to make Groupon easier to use for customers at seven Swedish banks, is closing out the year with a €23 million ($30 million USD) investment courtesy of Bridgepoint Development Capital.

Carl Wilsson, Trustly CEO, said that the investment from Bridgepoint will help fuel the company’s European expansion. Trustly is live in eight European countries, and covers 57 banks representing 67 million consumers. The company currently processes more than seven million payments a year.

TrustlyHomepage
“We are delighted to partner with Bridgepoint, who will provide support and financial resources as we continue to grow and innovate,” Wilsson said. A partner at Bridgepoint, Johan Dahlfors, pointed to both the growth of the European online payments market and the B2B, B2C, and P2P-based payment tools developed by Trustly as support for his firm’s investment.
“The business is therefore well positioned in a growing market for online payment solutions,” Dahlfors said. “We look forward to working with the ambitious team to build out its European presence further.”
Trustly develops online and mobile banking payment solutions. The company specializes in enabling direct bank e-Payments, integrating its technology with FI’s existing online banking infrastructure to make paying online as easy as paying in person with cash.
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The technology allows the merchant website to be visible throughout the payment process – a boon for both consumers and banks, as far as Trustly is concerned. The platform supports a wide range of authentication methods used by banks, as well, from MobileBankID to SMS codes.
Named one of the fastest growing technology companies in Sweden, Trustly’s recent headlines include the release of its open source, alternative messaging technology, BankAPI in September. In June, Trustly announced a partnership with PayPal to facilitate direct payments for online banking customers in Sweden and Denmark.
Trustly is headquartered in Stockholm, Sweden, and was founded in 2008. See the company’s 2013 FinovateEurope demo of Trustly’s direct, person-to-person bank payment solution here.

Alumni News– September 10, 2014

  • Finovate-F-Logo.jpgAmerican Banker: TSYS and Visa have announced their tokenization technology will support Apple Pay http://bit.ly/WIBIwx
  • Credit Sesame and Prosper partner.
  • Cachet Financial receives order from top tier credit union in the U.S. for mobile money management platform, Select Mobile Money.
  • AcceptEmail selects Worldpay to power its international e-billing solutions.
  • Trustly releases open source alternative messaging technology for FIs, BankAPI.
  • Loop co-founder and CTO George Wallner weighs in on Apple Pay in Time.com Money column.
  • Visa teams up with the National Football League to promote Visa Checkout. See Visa at FinDEVr this fall.
  • Braintree to support Apple Pay. Come see Braintree at FinDEVr this September 30 through October 1 in San Francisco.
  • Business Insider profiles Christian Lanng, Co-Founder and CEO of TradeShift.
  • Dwolla CEO and Founder Ben Milne talks about the role of Apple as a new entrant in the mobile payments industry.
    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.

    Alumni News– June 27, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMatchi announces signing sponsorship agreement with Standard Bank Group.
    • Intuit’s PayByCoin integrates Quickbooks Online with Coinbase to allow merchants to accept bitcoin.
    • RevolutionCredit is among six startups presenting at the 2014 FinTech Innovation Lab in New York.
    • Trustly partners with PayPal to facilitate direct payments for online bank customers in Sweden and Denmark.
    • Acculynk joins with Navicure to offer payment platform for healthcare providers.
    • 500 Startups teams up with SeedInvest to raise money for $100 million Fund III.
    • A review of digital ID technology by the Economist includes a nod toward miiCard.
    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 31, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThreatMetrix CTO Andreas Baumhof discusses the need for new authentication strategies for retailers.
    • NBC Chicago interviews Larry Baker, co-founder of Bolstr, on the basics of crowdfunding.
    • Trustly named to 2014 Red Herring Top 100 Europe award.
    • The Real Money Story reviews Jemstep.
    • Top Image Systems and Konica Minolta Spain partner to market eFLOW Invoice and Digital Mailroom business automation projects.
    • Upstart Business Journal looks at how developments from payment startup PayNearMe match up against big players.
    • A look at Xero’s new integration with Square.
    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.

    Trustly Providing Direct Account Payment Solution for Groupon Users

    TrustlyHiLogo.jpg

    Paying for your daily deal in Sweden is about to become easier. Payment-services company Trustly announced this week that it has partnered with Groupon to provide direct bank payment options to its end customers that have an account at a Swedish bank.

    U.S.-based Groupon works with companies in 48 different countries to help businesses offer deals and incentives to potential customers.

    The daily-deal giant is Trustly’s largestTrustlyHomepage.jpg customer to date in the ecommerce sector. It will directly provide convenient and secure payment methods online for customers of seven banks:

      • Swedbank
      • Nordea
      • Handelsbanken
      • SEB
      • Danske Bank
      • Skandiabanken
      • Länsförsäkringar Bank

    Groupon anticipates the direct payment method to be popular with consumers both online and on mobile devices.

    To learn more about Trustly, check out its demo video from FinovateEurope 2013.

    Finovate Alumni News — January 10, 2014

    • Thumbnail image for Finovate-F-Logo.jpgKBC Bank Ireland embraces Temenos T24 core banking.
    • Accounting Technology takes a look at Bill.com and its integration with Tax1099.com.
    • Google Play Editor’s Choice features the Manilla Android app.
    • BellaDati adds four new features.
    • Trustly providing direct account payment solution for Groupon users.
    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 29, 2013

    • Finovate-F-Logo.jpgPayfone Brings in $10 Million from Early Warning Systems.
    • Promsvyazbank in Russia Launches PFM-Service, Powered by Meniga.
    • Payments Source: Fiserv Makes a Payments Play for Small Businesses.
    • FinovateAsia 2013 Sneak Peek: Part 3 is up.
    • Trejdify publishes an introduction to Quantopian.
    • GMC Software Technology opens office in Australia. Join them in Singapore next month for FinovateAsia 2013.
    • For the third consecutive year Deloitte nominates Trustly as 1 of Sweden’s Tech Fast 50 companies.
    • Pennsylvania’s Customers Bank embraces mobile bill pay via Mitek-powered PicturePay.
    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.