Finovate Alumni News– July 22, 2013

  • Finovate-F-Logo.jpgPrestadero raises 5 million pesos ($400,000 USD) in first round of funding.
  • Geezeo partners with OSG Billing to offer new ways to leverage PFM within the bank statement.
  • eToro OpenBook now a single-page application since Copy.Me is discontinued.
  • The Financial Brand takes a look at mobileBanker, a turnkey solution for mobile sales from Zenmonics. See Zenmonics at FinovateFall in September.
  • FTRANS raises more than $2 million.
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 5, 2013

  • FinovateLOGO.jpgInvestment News’ “In Tech” column features Jared Broad, co-founder and CEO of QuantConnect.
  • Crowdfundinsider reports on SeedInvest’s new feature: SeedInvest Groups.
  • Bamboo Innovator takes a look at “do-it-yourself” hedge fund site, Quantopian.
  • Monitise wins Cross-Border Deal of the Year award for acquisition of Clairmail.
  • CommunityLend launches FinanceIt iPad app for consumer financing in store or on the road.
  • Zopa CEO Giles Andrews urges banks to keep customers in mind in address at Wired Money.
  • Temenos unveils solution to make it easier for banks to integrate new technology.
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– June 19, 2013

  • Finovate-F-Logo.jpgBRE Bank, operator of mBank launches “new mBank”, which is based on Meniga´s PFM.
  • U.S.-based life insurance carrier expands use of Kofax solutions by investing an additional $550k to automate document processing.
  • Personal Capital introduces new dashboard features.
  • Bank Innovation visits Dwolla’s new office in NYC.
  • The Next Web reports: Simple launches its Goals feature on the iPhone.
  • Ping Identity named in IDG’s Computerworld 2013 Best Places to Work in IT.
  • Zopa cuts personal loan rate to 4.9%.
  • QuantConnect adds FX, US equity tick data; raises capital.
  • MicroStrategy to partner with Hortonworks to improve Apache Hadoop usability.
  • ixaris shows off its new look and rebranding.
  • Web AppStorm reviews Kashoo’s cloud-based accounting technology.
  • eDeposit teams up with DoubleBeam to integrate mobile account enrollment and eCheck deposits into eDeposits mobile payment network.
  • LICUOS named a finalist in the Next Bank Madrid – Innotribe Startup Disrupt.
  • Fox Business News features Arxan CEO Mike Dager on mobile banking security.
  • Better ATM Services CEO Todd Nuttall talks about the “real lessons” from the Cyprus financial crisis.
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– June 14, 2013

  • Nomis Solutions wins patent for price sensitivity models.
  • Billeo announces acquisition of ecommerce platform, Swag.io.
  • Encap earns seven-figure investment from ProVenture Seed.
  • Money Marketing considers Narrative Science, Quantopian, Moven, MoneyDesktop and Jemstep.
  • Zopa named Most Trusted Loans Provider at the Moneywise Customer Service Awards 2013.
  • CU Broadcast interviews MoneyDesktop’s Bret Skousen.
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– June 13, 2013

  • Finovate-F-Logo.jpgZopa Safeguard now has 15,000 users and has had £16m lent on platform. Zopa reaches £300m in money lent to borrowers in the UK.
  • Bank Innovation reports: Cardlytics Has 33 Million Active Users at 400 Banks.
  • Inc. Magazine creates infographic of how to select the right crowdfunding platform. Bolstr and SeedInvest among choices.
  • CommunityLend’s FinanceIt partners with Pivotal Payments, a credit card payment processing company, to enable merchants to process loans directly at the POS.
  • Capital Access Network opens new facility in Lindora, Costa Rica to support growth.
  • Finect president Jennifer Openshaw talks networking for financial professionals on MarketWatch Radio.
  • Street Fight Mag includes Placecast among its “5 Tools for Point of Interest Geo-Targeting”.
  • TransferWise launches GetPaid to make it easier to get compensated when working with international clients and partners.
  • Developer Tech features Keynote Systems’ CEO Umang Gupta.
  • Point of Sale highlights Finovate alumni Flint Mobile and PayPal.
  • Social Trading Guru reviews ayondo 3.0.
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– April 30, 2013

  • Finovate-F-Logo.jpgCortera now offering free Cortera Business Directory accounts.
  • Lendio announces record year-over-year revenue growth of 97% for the first quarter of 2013.
  • Zopa launches Safeguard offer that protects lenders from faulty borrowers through a fund held by a non-profit.
  • PayMyStudentLoans.com reviews ReadyForZero can help students save money in college.
  • PA Consulting Group will deliver identity verification solutions using miiCard.
  • MoneyDesktop launches new version of PFM & updates MoneyMobile app.
  • South Bangla Agriculture & Commerce Bank is the fifth Bangladeshi bank to deploy Temenos T24 banking software.
  • Leaf announces Leaf Membership Network. Join Leaf in San Francisco for FinovateSpring in May.
  • Financial Advisor introduces Finect. Come see Finect demo their technology at FinovateSpring.
  • appPicker reviews Kashoo Accounting for iPad.
  • Small Business Association of Michigan selects Billhighway Give as its mobile fundraising solution.
  • Intuit releases Android tablet banking app. Come to FinovateSpring to watch Intuit unveil its new technology.
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– April 24, 2013

  • Finovate-F-Logo.jpgAdobe and SapientNitro form partnership. Come see Adobe’s new tech at FinovateSpring.
  • Forbes lists Zopa as 1 of 10 top P2P lending platforms in Europe. 
  • MicroStrategy unveils upgrade to company’s enterprise analytics platform. See them demo at FinovateSpring in May.
  • Bank Systems & Technology takes a look at ACI Worldwide’s new Universal Payments Platform.
  • CommunityLend’s FinanceIt named 1 of Branham300’s Top 25 Up-and-Coming companies.
  • Is TransferWise a “simplified PayPal for business banking”?
  • ACI Worldwide to offer Mobile Bill Pay Suite.
  • Bank Investment Consultant features social media resource Finect. Come meet Finect at FinovateSpring in San Francisco in May.
  • Newser takes a look at Green Dot’s new online bank: GoBank. See a demo of GoBank at FinovateSpring.
  • Motherhood Moment interviews TipRanks CEO and co-founder Uri Gruenbaun. See TipRanks in action at FinovateSpring.
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– April 15, 2013

Thumbnail image for Finovate-F-Logo.jpg

  • INTJ Capital compares and contrasts Quantopian and QuantConnect. Join Quantopian in San Francisco for FinovateSpring.
  • MicroStrategy launches mobile app Usher, e-wallet for digital I.Ds, keys. See them demo at FinovateSpring in May.
  • Paybefore takes a look at the TSYS‘s acquisition of NetSpend and ponders “prepaid’s end game.”
  • Monitise Group Strategy Director Richard Johnson talks about trends in mobile money.
  • BancVue chooses MicroStrategy platform for business analytics.
  • CPA Practice Advisor takes a look at the new, updated iPad app from Kashoo.
  • This is Money blog looks at Zopa’s growth.
  • Yodlee awarded 50th patent for financial gadgets.
  • SoMoLend travels nationwide to teach small businesses & investors about crowdfunding.
  • Austin Business Journal considers BancVue’s inverted sales pitch.
  • Newfination hosts SoMoLend CEO, Candace Klein, who explains how the platform’s  crowdfunding capability.
  • Intelligent HQ interviews The Currency Cloud’s CEO, Michael Laven.
  • Pando Daily profiles crowdfunding pioneers like SeedInvest and SoMoLend. Join SeedInvest in May for FinovateSpring.
  • The Next Web interviews TipRanks‘s CEO and co-founder Uri Gruenbaun.
  • Chevron teams up with WattzOn to launch The Capacity Project for sustainable growth.
  • Refundo launches free iPhone app. Check out Refundo’s live demo at FinovateSpring.
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– April 8, 2013

  • Finovate-F-Logo.jpgInvestors Business Daily interviews Barry Silbert, SecondMarket CEO, who says the stock market is broken.
  • Xero opening new LA office for Southern California team.
  • Bank Innovation reports: Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users.
  • Radio New Zealand reports: Xero to launch fully into U.S. market in July.
  • Candace Klein, SoMoLend CEO, discusses the hardship that the SEC’s delay of the JOBS Act has caused.
  • Dwolla updates Magneto extension.
  • Yodlee receives 2013 Honorable Mention in Industry Partner category for the Barlow Research Associates’ Monarch Innovation Awards.
  • Virtual Piggy integrates with Oracle ATG Web Commerce, expands reach of network to more than 390,000 brands.
  • Mitek’s Mobile Deposit solution receives top award for Overall Most Innovative from Barlow Research Associates.
  • Management Today interviews Zopa CEO, Giles Andrews.
  • TechCrunch looks at Realty Mogul and its recent win at the Founder Showcase pitch competition. See them in action at FinovateSpring in May.
  • GreenDot and UniRush launch reloadable prepaid Visa card. Join GreenDot for FinovateSpring in San Francisco.
  • Allied Payment Network bill payment technology integrates with CSPI’s Aurora online banking platform.
  • Zooz announces partnership with ChronoPay. Join Zooz in San Francisco for FinovateSpring in May.
  • Identity Theft 911 CEO to lead discussion on social media and insurer risk at upcoming NAMIC seminar.
  • Roadtrip Nation interviews Dan Reed of Bazaarvoice.
  • Money Street Smart reviews TradeKing.
  • Hard Assets Alliance features an interview with Gold Bullion International CEO Steven Feldman.
  • Newfination interviews Taavet Hinrikus of TransferWise.
  • Engine talks about rewarding risk-takers with GoodApril founder Benny Joseph.
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 26, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTransferWise featured in HuffPost Students United Kingdom.
  • EZBOB investor John Garfield profiled in The Telegraph.
  • Money.co.uk compares money transfers through Azimo.
  • Fiserv partners with Romania-based Eutron Invest to provide Cash and Logistics solution portfolio to the Romanian market.
  • Forbes looks at the “best of the best” debt crowdfunders including Lending Club, Prosper, Zopa, SoMoLend, Rebirth Financial.
  • SecureKey announced availability of its cloud-based briidge.net identity and authentication platform.
  • ID Analytics introduces fraud detection solutions for online retailers.
  • The Globe and Mail lists Expensify as 1 of 5 apps that take the bumps out of business travel.
  • Petter Made, co-founder and COO of SumUp, talks about the advantages of Dublin as a base for business.
  • Credit Union Times reports: Fiserv launches SpotPay.
  • Finextra reports G&D and PayPal team on pre-paid mobile top-ups in Brazil.
  • Practical eCommerce takes a look at Klarna Invoice for OSC programs.
  • CSI’s globalVCard wins top entrepreneurial prize at 2013 Innovation Project.
  • Newfination interviews CurrencyFair’s Brett Meyers.
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 11, 2013

  • iOSnoops reviews TradeHero Mobile.
  • Netbanker considers how Prosper, Zopa, and Lending Club have disrupted lending.
  • American Banker reports on NICE Systems’ launch of voice authentication technology. Watch its live demo at FinovateEurope Feb. 12 and 13.
  • P2P Lending News: Zopa CEO talks to BBC Radio.
  • BostInno talks with ImpulseSave CEO on how it can help with all kinds of New Year’s resolutions.
  • Equifax partners with DocuSign for easy e-sign and submission of Transcript of Tax Return form.
  • Fiserv enhances TradeFlow, its post-trade processing solution. Come to FinovateEurope in London to see the live demo of its new technology.
  • ZDNet looks at how miiCard is solving identity verification headaches.
  • Digital Journal reports on EZBOB’s battle with Amazon in the small business financing space.  See them at FinovateEurope in February.
  • Leadfusion collaborates with McCulluy Design Lab to get a new look.
  • Happy birthday, TSYS!  Company celebrates 30th anniversary on Friday.
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.

2012 Funding for Finovate Alumni– More than $450 Million Raised

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHere is a list of all the funding Finovate alumni received over the course of 2012.  

After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.
A few stand-out metrics for the year:
  • A total of 44 companies received funding, some more than once in 2012
  • Combined, more than $450 million was raised
  • The best quarter for raising capital was the first quarter when more than $150 was raised
  • The biggest funding month this year was March, with more than $68 million raised by three companies
Here is a month-by-month breakdown of funding received.
January — $25 million raised by 3 companies
Currensee: $2 million — blog post
Finsphere: $11.3 million — blog post
HelloWallet: $12 million — blog post
February — $57 million raised by 5 companies
Capital Access Network: $30 million — blog post
Dwolla: $5 million — blog post
Jemstep: $6 million — blog post
Kabbage: undisclosed — blog post
Xero: $16.6 million — blog post
March — $68 million raised by 3 companies
Boku: $35 million — blog post
eToro: $15 million — blog post
ThreatMetrix: $18 million — blog post
April — $2.5 million raised by 1 company
miiCard: $2.5 million — blog post
May — $55.5 million raised by 5 companies
Kony: $15 million – blog post
Pindrop Security: $1 million — blog post
SecureKey: $30 million — blog post
SoMoLend: $1.17 million — blog post
Yodlee: $8.3 million — blog post
June — More than $62 million raised by 8 companies
Affinity Solutions: $14.5 million — blog post
Arroweye Solutions: $3 million — blog post
Cartera Commerce: $12.2 million — blog post
Credit Sesame: $12 million — blog post
Doughmain: undisclosed — blog post
Lending Club: $15 million — blog post
Nutmeg: $5.3 million — blog post
Planwise: $200,000 — blog post
July — $6 million raised by 2 companies
Continuity Control: $1 million — press release
SaveUp: $5 million — blog post
August — More than $49 million raised by 6 companies*
DemystData: undisclosed — blog post
FutureAdvisor: $5 million — blog post
FreeMonee: $34 million — blog post
The Currency Cloud: $3.1 million — blog post
CashStar: $5 million — blog post
Continuity Control: $2.25 million — blog post
September — More than $59 million raised by 5 companies
Banno: $2 million — press release
Betterment: $10 million — press release
Edo Interactive: $15 million — press release
Fuze Network: $2.5 million — press release
Kabbage: $30 million — blog post
October — $37 million raised by 2 companies
The Currency Cloud: $1.9 million — blog post
Braintree: $35 million — blog post
November — More than $23 raised by 4 com
panies
ActivePath: $10 million — blog post
Jingit: $7 million — blog post
Bazaarvoice: $6.7 million — blog post
Xero: $49 million — blog post
December — More than $16 million raised by 4 companies
Waspit: $3 million — blog post
Controlabill: $570,000 (A$600,000) — blog post
Zopa: undisclosed — blog post
ShopKeep POS: $10 million – blog post
Clover Networks: $3.3 million – blog post
*In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.
Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.