Finovate Alumni News

On Finovate.com

  • Darwinex Unveils Mobile App for Android
  • Two P2P Sharing Economy Players Team Up–Airbnb and Zopa

Around the web

  • Fidor Bank teams up with Abu Dhabi Islamic Bank to launch first community-based digital bank in the region.
  • Bank of Ireland to deploy UniversalSuite core banking solution from Temenos.
  • Jack Henry & Associates collaborates with Visa to accelerate P2P payments to debit cards.
  • Sberbank and MasterCard launch Apple Pay on Russian market.
  • Bluefin Announces Issuance of Patent on Decryption as a Service.
  • Eurogiro and TransferTo join forces to link mobile money with 500,000 bank and postal branches.
  • PayPal promotes Braintree’s William Ready to chief operating officer.
  • Commercial Bank of Texas hires Insuritas to launch insurance agency.
  • Cachet Partners with Viamericas to Provide Mobile International Money Transfers

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

  • Financeit Recruits CFO from Capital One Canada
  • Wave Mechanics: FT Partners Report Highlights Trends Driving Rise of Insurtech

Around the web

  • Fiserv inks deal with FCTI to provide transaction processing for 8,000 ATMs in 7-Eleven convenience stores in U.S. Video of Fiserv’s recent live demo from FinovateFall is now available.
  • NCR launches cloud-based developer portal.
  • ACI Worldwide and Vocalink partner to provide real-time payments solution.
  • Let’s Talk Payments interviews Tom Burgess, Linkable Networks founder and CEO.
  • Visions FCU signs with MX for money-management app.
  • Zopa releases its first-ever rating of a batch of securitized Zopa loans.
  • Sezzle Wins $10,000 from Securian in Minnesota Cup Startup Competition.
  • Aurionpro joins Temenos MarketPlace.
  • OnDeck launches marketing campaign featuring Shark Tank judge Barbara Corcoran.
  • RightCapital launches Leads, a tool to help financial advisers turn leads into clients.

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

  • New report from FinovateFall 2016 sponsor AARP explores the Longevity Economy.

Around the web

  • CR2 launches its next generation ATM software, BankWorld ATM Client 5 and BankWorld Studio.
  • RNC Genter Capital Management picks Asset Manager Connect from Fiserv.
  • CardFlight unveils new set of iOS and Android-compatible, Bluetooth-enabled mobile card-readers.
  • Xero teams up with Macquarie Bank to integrate with electronic billpay system, BPAY.
  • Entersekt forges reseller agreement with Blue Bay Technologies.
  • Zopa partners with Pariti to help millennials manage credit card debt.
  • Russell Investments selects Qumram for compliant, digital recording and retention. See Qumram at FinovateFall in New York.

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: How the Kore Bots Deliver More than Your Average Chatbot
  • DriveWealth Expands APIs for Wealth Managers
  • Braintree, Finicity, and Twilio Take Top Honors at API World Awards

Around the web

  • BankBazaar wins “Emerging Brand of the Year” and “CEO of the Year” at seventh CMO Asia Awards.
  • Fintech News Switzerland highlights Currency Cloud and Zopa in a look at London’s top rising fintech stars.
  • Boku brings direct carrier billing to Windows 10 phones in the United Kingdom and Italy.
  • Markit enhances WSO software suite to offer new levels of automation for syndicated loan market.

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

  • Dashlane and Google Partner to Improve Online Security via Open YOLO
  • Prosper Closes in on $5 Billion Commitment for New Loans

Around the web

  • FIS and Arkansas Governor Asa Hutchinson extend VC FinTech Accelerator program to 2018.
  • Revolut app tops 250,000 users.
  • Narrative Science launches Solution Provider program.
  • Oprah Winfrey Network names WorthFM founder and CEO Amanda Steinberg to the inaugural Opray Winfrey Network SuperSoul 100.
  • Banking technology interviews Rivi Varghese, CEO of CustomerXPs Software.
  • American Banker: Profits, Revenue Forecast Rise at Green Dot
  • Zopa gives a rundown of its four-year history.

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.

7 Alum Leaders Named U.K.’s Coolest People in Fintech

7 Alum Leaders Named U.K.’s Coolest People in Fintech

BritishFlagBusiness Insider rounded up the 40 most exciting people in fintech in the United Kingdom. As it turns out, Brexit isn’t enough to shake the fintech scene in the U.K. In fact, according to KPMG, British fintech startups raised $962 million in 2015. Of that amount, London companies raised $743 million.

The list includes these seven leaders from Finovate and FinDEVr alumni:

Taavet Hinrikus, CEO and cofounder of TransferWise

Marta Krupinska, General Manager and cofounder of Azimo

Nikolay Storonsky, CEO and cofounder of Revolut

Giles Andrews, Executive Chairman and cofounder of Zopa

Peter Smith, CEO and cofounder of Blockchain

Usman Khan, CTO and cofounder of Algomi

Nick Hungerford, CEO and founder of Nutmeg

Check out all 40 leaders who made the list. Wonder how Business Insider made its selections? Here’s how the publication described its process:

We looked at who’s done cool and interesting things in the past year, including companies that have raised money or grown rapidly. We’ve also tried to include some of the less obvious names—the people doing great things behind the scenes—as well the faces out front.

Zopa Taps Ronen Benchetrit for CTO

Zopa Taps Ronen Benchetrit for CTO

Zopa_homepage_July2016

With more than 20 years’ experience in software and management, most recently as CTO for online gaming firm PokerStars, Ronen Benchtrit becomes the new chief technology officer for Zopa. Benchetrit will direct Zopa’s overall, growth-oriented technology strategy.

“I believe that Zopa is leading by example, with great innovative products and an award-winning team,” Benchetrit said. “I hope to use my experience and skills to drive rapid growth for Zopa, making it accessible to an ever-growing number of customers and leading Zopa as a fintech pioneer.”

Zopa CEO Jaidev Janardana praised Benchetrit’s record in promoting business growth, as well as his IT and technical skills, and says the new hire is “yet another building block in our drive to continue and accelerate Zopa’s growth in changing the landscape of consumer financial products.”

Before his work at PokerStars, Benchetrit was senior R&D projects manager and architect for Avaya. He was also vice president of R&D and co-founder of Trinity Computing Systems, and spent six years as a software engineer and team leader for the Israel Defense Forces. Benchetrit holds degrees in computer science from Mamram—IDF Computer Science Academy and The Open University of Israel—and graduated from the Cranfield Leadership Programme at Cranfield University’s School of Management in 2013.

Founded in 2007, Zopa demonstrated its technology at FinovateSpring 2008. In May, the company began offering auto-loan refinancing through its Zopa CarReFi program and in February, Zopa launched three new lending products: Classic, Access, and Plus to replace a number of existing solutions. The company has raised more than $56 million in funding, and includes among its investors Augmentum Capital, Benchmark, Bessemer Venture Partners, and Wellington Partners.

Finovate Alumni News

On Finovate.com

  • Polly Portfolio Launches Investment Chatbot for Facebook Messenger
  • Check out this week’s FinDEVr APIntelligence.
  • Zopa Taps Ronen Benchetrit for CTO
  • Sezzle Adds Former PayPal Executives as Advisers
  • Actiance Now Supports Compliance for Instagram

Around the web

  • Boku expands carrier billing service with new partnerships in Germany.
  • NCR and Wells Fargo partner to develop next-generation ATM technology.
  • Mizuho Financial Group to pilot Ripple for cross-border payments.
  • NICE Actimize teams up with Tableau Software to combine business intelligence with financial crime-compliance technology.
  • True Potential opens multi-asset portfolios to adviser market.
  • Lendio partners with Townsquare to promote its alternative small business financing solutions.
  • Misys relocates Texas office from Richardson to Plano to expand operations.
  • CardFlight reports that more than 64% of its merchants are now EMV-enabled, more than 3x the national average.

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

  • MaxMyInterest Unveils Laser App Integration to Speed Onboarding
  • Finovate Debuts: Civic’s Identity Verification App Launches Public Beta
  • BlueVine Increases Maximum Credit Line, Appoints New Chief Revenue Officer
  • Capriza Raises $23 Million in Series C

Around the web

  • Mashable features P2Binvestor CEO Krista Morgan for something outrageous she said at FinovateSpring 2013.
  • Institutional Investor features entrepreneurs from 4 Finovate alums in the 2016 Tech-50 list of fintech technologists.
  • More Than 25 Financial Institutions Select Malauzai’s SmartwebApps for Desktop
  • Cortera appoints Bob Maguire as chief revenue officer.
  • Zopa names Ronen Benchetrit as CTO.

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

  • “Interactions Names New CFO”
  • “Fidor Bank Opens its Doors in Dubai; Ge Drossaert Tapped as Managing Director”

On FinDEVr

  • “BlockCypher to Developers: Your Ethereum Toolkit is Ready

Around the web

  • CU Times’ white paper features IDology.
  • Crowdfund Insider interviews Zopa CEO Jaidev Janardana.
  • Bank of Newington and Cleveland State Bank deploy Core Director platform from Jack Henry.
  • Narrative Science partners with client reporting and communications software company, Vermilion Software.
  • Pirean opens local support centre for the Australia and New Zealand markets.
  • Insuritas to power insurance agency for Community Resource Credit Union.
  • VoicePIN opens U.S. office.

This post will be updated throughout the day as news and developments emerge. You an also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • Tradeshift Closes $75 Million Series D Round, Boosts Valuation to $500 Million.
  • Finovate Debuts: EquityZen Lets Wealth Managers Invest in Pre-IPO Companies.
  • Backbase Announces New CFO Leonore Van Waiij.
  • MyOrder, Wirecard Helps Power Shared Spending Functionality for GRPPY App.
  • Dyme Unveils Prototype of Facebook Saving Chatbot.

On FinDEVr

  • FICO Launches Falcon Assurance Navigator to Help Universities Monitor Federal Grant Spending.

Around the web

  • Chartis names CustomerXPs an Enterprise Solution player in the 2016 RiskTech Quadrant for Enterprise Fraud Tech.
  • Patch of Land Adds Institutional Investors to Real Estate Platform.
  • Prosper hires investment banks to explore raising more funds.
  • NuData Security Selected Best AntiFraud Solution at CardNotPresent Expo.
  • TechCrunch: Lending Robot makes Lending Club investing easy as setting screen brightness.
  • Tokbox launches its video broadcast solution for producers.
  • Banking Technology: Goldman Sachs to use technology from Infosys to power its new digital bank, GS Bank.
  • Business Insider features Finovate alums Azimo, eToro, Currency Cloud, and Zopa in list of potential future U.K. fintech unicorns.
  • True Potential wins Best Use of Technology at Money Marketing Awards 2016.
  • CreditHQ announces special freelancer rate.

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: Payment Ninja Provides Free Payment Processing, Programmatic Remarketing for SMEs.
  • Alpha Payments Cloud Selected for Wells Fargo Spring Startup Accelerator.
  • Check out this week’s FinDEVr APIntelligence.
  • DriveWealth Brings Robo-Advisory to China in New Partnership with CreditEase.
  • Buzz Points Lands $1.8 Million in Funding.

Around the Web

  • Cater Allen Private Bank to implement new core banking system from Temenos.
  • Top five Israeli banks to build mobile check-deposit solution based on mobiFLOW SDK from Top Image Systems.
  • Zopa named Moneyfacts Personal Loan Provider of the Year 2016.
  • Trulioo enhances address validation in Global Gateway.
  • MX to power Homeownership Preservation Foundation’s digital money management app.
  • Tradestreaming profiles Payoneer and its role in online payments.
  • Banking technology from Infosys Finacle to help support payments and deposit products for Paytm.

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.