Finovate Alumni News– February 13, 2012

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  • Personal Capital launches “Savings Concierge” service for high rates & strong safety.
  • ProfitStars introduces eCommercial Security Awareness Training.
  • Nutmeg shares its Finovate experience.
  • Xero wins 2012 Top New Accounting Product from Accounting Today.
  • Fox Business News highlights Capital Access Network, Kabbage, and On Deck Capital as non-bank loan resources.
  • Kapitall Generation enables next-day funds transfer.
  • Wall Street Journal blog reports TrustedID buys reputation manager, Reppler.
  • Capital Access Network brings in $30 million from Accel Partners.
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– February 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSilicon Prairie News reports Dwolla rolls out Instant feature.
  • After raising $15 million, Xero acquires Max Solutions for almost $5 million.
  • Mint.com releases app for Android tablets.
  • Personal Capital named to Online Banking Report Hall of Fame, for personalized asset management service.
  • Credit Sesame launches credit card marketplace.
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.

2011 Funding for Finovate Alumni– Over $423 Million Raised

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTo wrap up 2011, we’ve compiled a list of all of the funding Finovate alumni received over the course of the year. 

The results were impressive:
  • A total of 34 companies received funding, some more than once
  • The companies collectively raised over $423 million dollars
  • The months with the highest number of companies receiving funding were June August, both with 8 companies
  • The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January — $40.8 million raised by 3 companies
February — $10.3+ million raised by 3 companies
March — $20.4 million raised by 4 companies
June — $124.4 million raised by 8 companies
July — $1.1 million raised by 1 company
August — $103.4 million raised by 8 companies
September — $33 million raised by 1 company
October– $22 million raised by 2 companies
November — $16.3+ million raised by 3 companies
December — $52.2 million raised by 5 companies
Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

Finovate Alumni News– December 21, 2011

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  • Fox News discusses how Prosper & Lending Club help small businesses.
  • BizReport examines card-linked offers from Linkable Networks (formerly CLOVR Media).
  • ReadWriteWeb’s Richard MacManus lists Xero as #8 in his 2011 list of top 10 web products.
  • Inc Magazine lists Expensify as 1 of 8 startups to watch in 2012.
  • Ping Identity makes the top 10 list of most exciting IT security vendors. Come see Ping Identity’s live demo at FinovateEurope.
  • HelloWallet gives away 20,000 free subscriptions in 2011 to families in need.
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 20, 2011

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  • Steven Kietz, former Mobile Money Ventures CEO, joins EDO Interactive as GM & EVP of Strategic Partnerships.
  • CNNMoney discusses how Simple can provide a no hassle bank account.
  • Melrose Mutual Insurance Company, Grinnell Mutual, & ID Theft 911 partner to remind shoppers to safeguard identities.
  • Forbes names Dwolla’s Ben Milne to ’30 Under 30′ list for finance.
  • BizReport interviews Xero to discover how the cloud is helping small businesses.
  • Fox Business News recommends visiting Credit Sesame and Credit Karma to check your credit score.
  • INOVA FCU depicts its success from using Mortgagebot’s PowerSite.
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 12, 2011

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  • The Wall Street Journal recommends Braintree & PayPal as online payment platforms.
  • Dwolla reports there are more merchants using Dwolla in San Francisco and New York City than there were in Des Moines 1 year ago.
  • Accounting web recommends using Xero to automate business accounting.
  • Mootwin receives 4 million euro in series B funding round.
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, 2011

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  • Payments Journal looks at Dwolla’s P2P payment platform.
  • Prosper announces iPod Nano giveaway for borrowers.
  • Simply Stacie describes BillFloat’s daily $50 giveaway.
  • OnPoint CU debuts Tyfone mobile gift card service.
  • Active Filings describes how consumers can benefit from BillGuard’s fraud-monitoring service.
  • Freewaregenius describes the Kapitall user experience.
  • Xero makes BestVendor’s list of 25 most beloved web services and work apps with a belovedness score of 38%.
  • SafetyPay available as payment option for Facebook Credit purchases.
  • Pageonce sees $1 million in user bill payment, launches iPad app.
  • Credit Sesame launches free iPhone app.
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 22, 2011

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  • Richard Branson follows in the footsteps of Simple by avoiding the word ‘bank’ when naming his newly acquired FI.
  • Alkami wins VC backing for online banking technology.
  • Check Point Software Technologies acquires risk management company.
  • HelloWallet’s iPhone app helps make budgeting advice more relevant.
  • Equifax partners with data quality and management company Ixsight.
  • Xero makes receiving overpayments and prepayments easier.
  • Credit Union Times reports Geezeo adds four credit union clients for its PFM.
  • Venture Studio interviews Alexa Von Tobel, LearnVest CEO, about how she started her business.
  • The Social Lending Network looks at Prosper’s top P2P lenders.
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 21, 2011

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  • BrightScope plans to tweak its blog & redesign its homepage.
  • SimpliFi wins four Achievement in Marketing awards from Columbus chapter of American Marketing Association.
  • New York Shop Exchange interviews Brock Blake, Lendio CEO, about small business loans.
  • MyBankTracker looks at Yodlee’s FinApps and the evolution of Mobile Banking.
  • Fifth Third Bank launches mobile banking apps powered by Clairmail.
  • TechCrunch reports Braintree receives investment from Capital One co-founder, Nigel Morris.
  • Currensee launches Trade Leaders Program for institutional clients.
  • TechCrunch explores the differences between Mint.com and HelloWallet’s mobile apps.
  • Family blogger Darcy shares five of DoughMain’s features.
  • Xero doubles its customer numbers, gains traction overseas.
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 9, 2011

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  • Read Write Web argues the mobile payments capital of the US is Des Moines, IA thanks to Dwolla.
  • Fox Business News reports GoalMine seeks to level the investing field.
  • PayPal updates its Android app with support for NFC payments.
  • eWise hires Alexandre Gonthier, former Boku CTO, as new CEO.
  • Lendio makes its business loan matching service free.
  • Finextra reports Intuit partners with AT&T to take on Square in the emerging mobile card processing market.
  • Xero updates its app: increases speed and improves UI.
  • Business Insider lists Dwolla and Simple as 2 of 20 most innovative startups in tech.
  • Billeo launches ShopSmart to bring consumers relevant discounts.
  • Zecco hosts $500 sweepstakes.
  • miiCard gives first 10,000 users free accounts for life.
  • Netbanker: Top 10 Reasons Why BankSimple Dropped the Bank.
  • Expensify creates four pricing plans.
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 4, 2011

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  • Plastyc launches UPside Visa Savings Purse.
  • Diversinet receives U.S. Patent for securely storing information on a mobile device.
  • American Banker reports Ohio Valley CU is working with Truaxis to offer discounts.
  • Xero calls on UK Gov to deliver better reporting, not simpler reporting for micro businesses.
  • Lendio adds 40 Banks, offers local business loans to 70% of the U.S.
  • Lending Club reaches $400 million in
    loan originations.

  • Huntington Bank works with Kony to
    create an iPad app.
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 3, 2011

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  • Reuters highlights how ReadyForZero benefits those in debt.
  • Braintree continues rapid growth — now processing $10 million daily.
  • doxo adds AT&T as a biller and launches new feature.

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.