Finovate Alumni News


  • BlueVine and GovQuote Team Up to Fund SMEs.
  • Bpm’online Focuses on Customization, Clean Data in Latest Update.

Around the web

  • Sberbank Croatia chooses Token for PSD2 compliance.
  • Silicon Canals highlights Meniga in its list of 10 Cool Icelandic Tech Startups to Work for in 2019.
  • MX wins a 2019 Utah Genius award.
  • U.Today features Stash and Crealogix in its roundup of Top 12 FinTech Companies to Watch in 2019.
  • Xignite earns spot on the WealthTech 100.
  • Lendio franchise opens in Erie to expand access to capital for local businesses
  • InComm’s Alder API wins award from the Innovative Payments Association.
  • BioCatch’s behavioral biometrics-based digital identity solution now available on the ForgeRock 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.

Xignite Teams Up with

Financial market data cloud company Xignite has partnered with financial charting and technical analysis platform, 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’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, 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, 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


  • On Earth Day (and Every Day) Paperless is the Way to Be.
  • OutSystems Brings Benefits of Low Code Dev to U.K.s Biggest Manufacturers.

Around the Web

  • PayPal’s Venmo considering credit cards for monetization.
  • Micronotes awarded U.S. patent for AI-driven interactive marketing system.
  • CurrencyFair adds Indian Rupee to currency list.
  • Citi introduces biometric authentication for institutional customers in the APAC region.
  • With its IndiVideo solution, BlueRush and Chilean partner, Kunder, win Best Financial Services Online Video at the 2019 Internet Advertising Competition awards.

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


  • The ID Co. Unveils its Income Verification Solution.
  • Finicity Partners with Pulte Mortgage to Accelerate Asset Verification.

Around the web

  • CBANC hires Mike Snavely as Chief Commercial Officer.
  • Congrats to 3rd Eyes, ArthaYantra, aixigo, BaseVenture, Capitalise, Entersekt, eToro, Finantix, Fincite, Finhorizon, ForwardLane, Hydrogen, Scalable Capital, Sentifi, Tradeit, Trizic, WealthWizards, WealthForge, and Xignite on being recognized in the Wealthtech 100.
    • Xero’s new invoicing experience available for all Xero customers and partners over the next two weeks
    • Nordigen opens new office in Spain to expand operations.
    • Yseop’s AI solution for Société Générale wins award for most innovative initiative of the year at this year’s Digital Finance Awards. Come see Yseop at FinovateSpring next month.
    • Contovista and NDGIT expand partnership, enabling Contovista to be implemented via the German NDGIT API 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.

    Finovate Alumni News


    • EquityZen Secures $3 Million in Round Led by Draper Associates.
    • Karmic Labs Lands $17.2 Million to Grow Enterprise Payment Solutions.
    • Innovation Acceleration: Incubators and Incubation Labs Drive Development in Fintech.

    Around the web

    • MoneYou integrates Mitek’s identity solutions for real-time digital onboarding.
    • Xignite launches the Xignite Channel Partner Program to offer partners integrated cloud-based market data solutions.
    • Betterment launches new Socially Responsible Investing (SRI) Portfolio.
    • Forbes profiles Unison in look at the challenges facing homebuying millennials.
    • CrowdFlower adds former Amazon AI product specialist Robert Munro as VP of Machine Learning.
    • NuCypher introduces its decentralized key management system, NuCypher KMS.
    • AltFi talks about the role of “platformification” in supporting innovation in fintech with Avoka CEO Phil Copeland.
    • IDG Connect interviews Xpenditure CEO Boris Bogaert on current trends in banking including blockchain R&D.
    • IBM opens new data centers in London, U.K.; Sydney, Australia; and San Jose, California.

    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

    FinDEVr APIntelligence

    FDNY17_EventLogo_v1(wdate)Tickets for upcoming FinDEVr London and FinDEVr New York are at their lowest prices now. Register for FinDEVr New York now and save!


    • SimplyTapp Launches New Payments and E-Commerce App, Gane.

    Alumni updates

    • Let’s Talk Payments interviews Marcin Truszel, Founder & CEO of Kontomatik.
    • StockTwits Partners with TradeIt to Expand Beyond Robinhood’s Brokerage.
    • Xignite adds senior sales, business development talent; unveils new offices in New York financial district.
    • Arxan Technologies partners with Cisco as to protect connected medical devices.
    • CurrencyCloud Taps Former Misys Executive Ed Addario as New CTO.
    • Quicken to Leverage PayNearMe’s Prism API.
    • The Banker interviews Avoka European GM, Richard Austen.
    • Persia International Bank chooses core banking technology from Temenos.
    • WISeKey and Stratumn partner to provide enterprise-grade process security software based on blockchain technologies.
    • EVO Payments acquires Sterling Payment Technologies.
    • Rabobank to deploy UP Immediate Payments from ACI Worldwide.

    Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

    Finovate Alumni News


    • StockTwits Partners with TradeIt to Expand Beyond Robinhood’s Brokerage.


    • SimplyTapp Launches New Payments and E-Commerce App, Gane.

    Around the web

    • TransferTo partners with Wirecard to enable mobile money operators to offer mobile-to-mobile remittance services.
    • Ayondo announces deadline for 2017 social trading championship.
    • Hellenic Bank of Cyprus to deploy new digital banking platform from Backbase. Join Backbase at FinovateEurope in London next month.
    • StockTwits teams up with TradeIt to give community members ability to execute trades with major brokerages via new iOS app.
    • Xignite adds senior sales, business development talent; unveils new offices in New York financial district.
    • Bambu wins Best Early Startup award at Next Money in Hong Kong.
    • Wealthfront revamps Selling Plan to help users sell and diversify their company stock.
    • Arxan Technologies partners with Cisco as to protect connected medical devices.
    • South by Southwest (SXSW) selects Hip Pocket to showcase Hip Money at SXSW Accelerator Pitch Event in March

    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.

    Top Business-to-Business Wealth Tech Players


    If you’ve been following our series on wealth tech, you’ve seen our analysis of the industry as a whole, a review of the top trends, and an examination of B2C wealth tech players.

    Our wealth tech coverage continues this week with a review of business-to-business (B2B) players in the wealth tech space. These are companies that cater directly to banks, advisors, or brokerages, instead of offering products or services directly to consumers. B2B wealth tech is a large category, so I’ve sub-divided it into four digestible groups and listed my top picks for each category. Since category sizes vary, the number of selections also varies.

    Alternative investment services
    These are platforms that help advisors connect clients with unconventional investment types, such as private equity, hedge funds, futures, real estate, etc.

    Screen Shot 2017-01-19 at 11.44.57 AMEquityZen’s EZ Institutional lets advisors give clients access to a diverse asset class

    Technology for advisors and brokerages
    These are tools available via API, SDK, or web interface to help advisors compete with robo advisors by allowing them to invest with less bias, increase client communication, scale operations, find new clients, and more.

    Screen Shot 2017-01-19 at 11.40.41 AMTrizic offers advisors their own digital tools to compete with robo advisors

    Non-U.S. B2B investment and advisor technology
    Similar to the above category, these companies offer tools for advisors outside of the U.S.

    Screen Shot 2017-01-19 at 11.30.52 AMmeetInvest helps advisors invest like world-renowned market experts

    News and Information Companies
    These are online platforms, APIs, or SaaS offerings that provide advisors market information, show them trending news, or connect businesses with market data to power their own products.

    Screen-Shot-2016-10-31-at-3.22.22-PMForwardLane’s dashboard acts like a private research analyst for advisors advisors, helping them stay current on new trends and funds