Xignite to Power WealthSimple’s New Stock Trading App

Financial market data provider Xignite serves 9+ million API calls per day and with today’s announcement of a new partnership, the company will add handsomely to that number. Xignite has partnered with Canada’s WealthSimple, which will leverage the California-based company’s APIs to power its new mobile stock trading app, WealthSimple Trade.

The app enables users to buy and sell more than 8,000 publicly-traded stocks and ETFs. Embedded within the app, Xignite’s APIs offer users real-time stock price data, information to power trades, and algorithms that automate users’ investment decisions.

“We are proud to be a key enabler of the fintech revolution in Canada,” said Stephane Dubois, Xignite CEO. “We help power and inspire the disruption of the financial services industry by providing entrepreneurs like Wealthsimple with financial data APIs to help them invent new businesses and revolutionary user experiences. The world’s leading robo-advisors use Xignite market data to power their platforms and apps.”

Xignite sources its cloud-based market data from 250+ providers, including data collectors, data originators, feed consolidators, OTC marketplaces, and index companies. In addition to leveraging data from Morningstar, FactSet, and EuroNext, Xignite also curates its own data. The comprehensive nature of Xignite’s data eliminates the need for clients to work with multiple vendors.

Xignite, which counts Interactive Data and Quandl as competitors, provides data to more than 800 organizations across the globe, including fellow Finovate alums Betterment, Personal Capital, Envestnet, and eToro. The company has raised almost $38 million since it was founded in 2000.

At the company’s FinovateAsia 2017 demo, Dubois showcased the Xignite Cloud Add-in, which integrates market data into spreadsheets.

Finovate Alumni News

On Finovate.com

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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.

Xignite Forges Strategic Partnership with XPansion

Financial markets data provider Xignite has inked a deal with data usage, tracking, and business monitoring software firm Xpansion that will give capital markets customers even better visibility into and management of their data use and expense.

“Market data is a complex environment where vendor fees and commercial licensing models continue to change, putting pressure on buy and sell side firms to control access and costs,” Xignite CEO and founder Stephane Dubois explained. He added that helping customers more efficiently use market data flow was a key element in the company’s goal of “simplifying, the acquisition, management, and dissemination of market data.”

The strategic partnership will enable Xignite to integrate Xpansion’s XMon analytics and reporting functionality into its Market Data Cloud Platform. This will give Xignite customers enhanced business intelligence, analytics, and reporting capabilities, as well as dashboards and reporting tools to help users analyze and control market data use, as well as manage costs across multiple data vendors.

“Clients consume increasing amounts of data and coupling powerful analytics with a robust data distribution platform is essential in today’s data landscape,” XPansion director and co-founder Amjad Zoghbi said. Zoghbi referred to bringing greater transparency and spending controls to the use of market data as the company’s “focus from the beginning.”

XPansion specializes in cloud-based solutions that help data operations and management teams control data usage better, improving both cost-effectiveness and data governance. The company’s flagship XMon Static Data solution delivers real-time tracking of data requested from external data vendors, data flowing between internal applications and systems, and data exiting the firm as in reports or customer exports. Based in London, U.K., XPansion was founded in 2013.

Headquartered in San Mateo, California, Xignite demonstrated its Cloud Add-in solution at FinovateAsia 2017. The add-in caters to the 1.2 billion Excel users worldwide, enabling them to easily and quickly introduce data – including real-time streaming data – into their Excel spreadsheets.

Earlier this month, Xignite announced that it was the first market data vendor to join the Snowflake Data Exchange. This spring, the company was named to the WealthTech 100, along with seven of its clients including fellow Finovate alums eToro and Tradeit. Also this spring, Xignite announced a partnership with StockCharts.com.

Xignite has raised $37.6 million in funding. QUICK Corporation and StarVest Partners are among the company’s investors.

Finovate Alumni News

On Finovate.com

  • Spain Approves Neo as a B2B Challenger Bank.
  • Bill.com Boosts Support for International Payments Offering.
  • Xignite Forges Strategic Partnership with XPansion.
  • Bitbond Celebrates Successful STO; Raises More than $2.3 Million in New Capital.
  • PayPal’s Hyperwallet to make sure Limebike’s gig workers get paid for charging scooters.

Around the web

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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

  • RISQ Teams Up with Aion Digital to Boost SME Lending in MENA.
  • More Than $1.8 Billion Raised by 29 Alums in Q2 2019.

Around the web

  • Blockchain startup up Saga to deploy treasury management tech from FIS.
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  • Xignite joins the Snowflake Data Exchange, the first market data vendor to do so.
  • Endor co-founder and CEO Dr. Yaniv Altshuler talks about his background in the crypto space with CryptoNewsZ.

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

  • BlueVine and GovQuote Team Up to Fund SMEs.
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Around the web

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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.

Xignite Teams Up with StockCharts.com

Financial market data cloud company Xignite has partnered with financial charting and technical analysis platform, StockCharts.com. The collaboration will enable the popular online destination for traders and investors to significantly increase its market reach around the world, as well as boost StockCharts.com’s ability to offer more data – including data on international markets.

“StockCharts’ innovative charting solutions are now powered by Xignite REST APIs,” Stephane Dubois, CEO and founder of Xignite said. “(These APISs) harmoniously integrate multiple types of stock price data into their app.” Dubois also highlighted the fact that the company will benefit from having its market data hosted in the Amazon Web Services (AWS) cloud. “Xignite has freed StockCharts from the constraints of hardware and software, allowing them to deliver spectacular financial charts to millions of users each month,” he said.

Founded in 1999 by Chip Anderson, an early Microsoft developer, StockCharts.com has since grown into one of the more widely used technical analysis platforms for retail traders and investors. With more than 1.5 million active monthly users globally, StockCharts.com celebrated its 20th anniversary earlier this month. The company is headquartered in Redmond, Washington.

Xignite has more than 1,000 clients in financial services and serves more than 250 billion client API calls each month. The company offers 45 web services and more than 1,000 APIs to innovative fintechs like Betterment, Motif Investing, Robinhood, and Yodlee, as well as FIs like Charles Schwab and TIAA.

Named “one of the ten coolest brands in banking,” Xignite has been featured twice in the Forbes FinTech 50. Last year, the company was highlighted by Inc. Magazine in its look at 6 Fintechs Disrupting the Industry, along with fellow Finovate alums, Dwolla, Plaid, and Fidor Bank.

Xignite demonstrated its CloudAdd-in at FinovateAsia 2017. The solution enables the world’s more than 1.2 billion Excel users to access Xignite’s wealth of financial market data – including streaming data – via API and incorporate it directly into their spreadsheets. The San Mateo, California-based company was founded in 2006.

Finovate Alumni News

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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

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Around the web

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    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

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    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.

    44 Alums Populate CB Insights’ Fintech 250 List

    This week, CB Insights unveiled its Fintech 250 list. The research outfit selected 250 emerging, private companies in 17 sub-sectors of fintech that are changing the face of financial services. The roster includes 44 Finovate and FinDEVr alums that were selected using CB Insights’ data-driven process that analyzes company momentum, market participation, funds raised, and investor quality.

    The list is in alphabetical order.









    Credit Karma





    Gusto (formerly ZenPayroll)










    Personal Capital





    Ripple Labs
















    Women on the Finovate Stage


    There are plenty of things about fintech worth celebrating, but today, in honor of International Women’s Day, we’re giving three cheers to the women in fintech!

    We’re taking a special look at our most recent show, FinovateEurope, where 23% of the presenting companies were represented by a woman on stage. That’s a 50% increase from 2015, where 15% of the companies had female speakers, and a huge leap from our first event in 2007 with zero (see note 1).

    So here’s to progress. And here’s to the women of FinovateEurope:




    Hali Khan, Director, Business Development

    FinovateEurope 2017 demo



    Paulina Powązka, Sr. Business Solutions Consultant

    FinovateEurope 2017 demo




    Eszter Vass, Sr. Product Strategy & Presales Consultant

    FinovateEurope 2017 demo




    Reanta Stein, Business Development Director

    FinovateEurope 2017 demo




    Diana Winstanley, Business Developer

    FinovateEurope 2017 demo




    Tinna Hung, Director, Marketing

    FinovateEurope 2017 demo




    Angelique Mohring, CEO & Founder

    FinovateEurope 2017 demo




    Janice Diner, CEO, Founding Partner

    FinovateEurope 2017 demo




    Mariona Campmany, CMO

    FinovateEurope 2017 demo




    Patricia Soares, Business Developer

    FinovateEurope 2017 demo




    Sarah Clark, General Manager, Identity

    FinovateEurope 2017 demo




    Trisha Price, EVP, Product Development & Engineering

    FinovateEurope 2017 demo




    Iveta Brūvele, CEO, and Elīna Rasmane, COO

    FinovateEurope 2017 demo




    Märta Viberg, Head of Product & Consumer Risk

    FinovateEurope 2017 demo




    Michelle Pearce, Co-Founder and Chief Investment Officer

    FinovateEurope 2017 demo




    Vanessa Gatihi, Global Head, Customer Success

    FinovateEurope 2017 demo




    Editor’s Note: While sadly it’s true that no women were on stage during the 20 demos of the first Finovate. One company, iPay Technologies, was founded by Dana Bowers, but she chose not to speak that day. And Finovate might not even exist if it wasn’t for Melanie Flanagan, then Marketing Manager at Yodlee (also co-founded by a woman), who was the first person to agree to demo. Finally, Susan Hawkins, then SVP at Metavante, was instrumental in getting both her company and Monitise on stage. So there you have it, woman called the shots for at least 20% of Finovate v1.0’s content, even if they ended up delegating the on-stage pitching to men. Thanks Melanie, Dana and Susan! — Jim Bruene, Founder