On Finovate.com

• Xero & TransferWise Team Up to Save SMBs on Foreign Currency Exchange Fees

Around the Web

• Bloomberg interviews LendingTree founder and CEO Doug Lebda.

• Nashville Business Journal features iQuantifi and its recent study on millennials and their money.

• Safeco grants Insuritas “Premier Partner” status.

• Fenergo appoints former Adobe Systems executive Colm Heffernan to chief operating officer.

• Mitek launches DoubleNet Pay financial app to help workers pay bills and fund savings. See the technology live at FinovateSpring in San Jose.

• PYMNTS.com looks at the status of Prosper as tech’s latest “unicorn.”

• Realty Mogul launches commercial offering.

• BBVA acquires leading user experience firm Spring Studio.

• Toshl Finance launches new features with WalletGear 2.0.

• New York Tech Journal profiles Qapital.

• InComm Partners with KUBRA to Simplify Cash Payments for Customers.

• Tuition.io launches flex395.com, an employee-benefits product that enables employers to contribute directly to their employees’ student loans.

• Air France-KLM to use Tradeshift for global e-invoicing.

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.