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TransferWise is starting off the year with a funding bang: the company has raised $58 million in a Series C round led by Andreessen Horowitz. The investment takes TransferWise’s total capital to more than $90 million. Existing investors Richard Branson, IA Ventures, Index Ventures, Valar Ventures, and Seedcamp also participated in the round. Taavet Hinrikus, Read more…
ACI Worldwide partners with ATM provider LD Systems. Nutmeg hires former Google financial search ad specialist, Scott Eblen, as Chief Product Officer. Azimo customers can now send money to another eight West African countries. The American Bankers Association endorses PFM and BFM platforms from Geezeo. New app from no-fee, no-branch BankMobile is powered by Malauzai Read more…
As expected, capital flow heated up as the new year truly got underway this week. Globally, 15 fintech companies attracted $157 million in new capital (see note below). More than half the total ($84 million) went to Finovate alums App Annie ($55 million), PeerTransfer ($22 million) and Global Debt Registry ($7 million). There was also Read more…
Forbes series on thought leaders in business and technology features Ayasdi CEO and co-founder, Gurjeet Singh. defi SOLUTIONS announces its Loan Origination System is now integrated with Dealertrack’s eDocs. PrivatBank upgrades its Privat24 business account management mobile app. Service Credit Union hires Insuritas to open and manage turnkey insurance solution. Sonavation unveils IDKey M-Series fingerprint Read more…
If you attended FinovateFall a few months ago, you likely saw Backbase’s demo where it launched Backbase Engage. This new offering delivers omni-channel digital banking to regional banks and credit unions. The Backbase Open Marketplace bridges the gap that small financial institutions often face between their dated core banking system and newer fintech solutions. Company facts Read more…
Accounts Receivable Management takes a look at Global Debt Registry. Moven launches budgeting app on Motorola Moto 360 and Samsung Gear smartwatches. TSYS names Thomas Boyer president of TSS Merchant Solutions. Paymentandbanking.com recognizes Kreditech as FinTech Startup of 2014. St. Louis Biz Talk quotes Malauzai Software’s Robby Ganer in a column on what to expect Read more…
Credit Karma to offer Equifax credit scores and reports. American Banker profiles Global Debt Registry. Silicon Valley Tech News interviews Ayasdi CEO Gurjeet Singh. Sonavation announces acquisition of Arkami. Central Florida Future features Toshl Finance in its look at smartphone apps. Burning Man using Coinbase to accept Bitcoin donations. In case you missed it while Read more…
There’s no doubt 2014 has been a big year for fintech. The amount of venture capital funding, along with a handful of successful IPOs, have brought a spotlight to a once-dark space. It has been a banner year at Finovate, as well. Over the course of our four conferences in 2014, we’ve seen: 251 demos Read more…
Deutsche Bank launches FinanzPlaner powered by Strands PFM. Check out Strands’ newest tech at FinovateEurope. Cryptocoins News features Tuition.io. Arroweye Solutions increases its payment card security. SF Gate considers how Personal Capital brings a human touch to robo-advising. Bluefin Payment Systems partners with 3Delta Systems to provide Bluefin’s Decryptx Point-to-Point Encryption Solution to 3Delta clients. Read more…
“There’s a great future in plastics. Think about it. Will you think about it?” –Walter Brooke, The Graduate Dynamics announced today that it had completed a Series C investment round, raising $70 million from new and existing investors. Along with MasterCard is new investor, Canadian Imperial Bank of Commerce, both of which teamed up with existing investors, Read more…
Spend Matters features P2Binvestor and its crowdfunding approach to providing credit to small businesses. POTs and PANs looks at biometric authentication innovators, EyeVerify, BehavioSec, and BioCatch. Best Advice explores EZBOB’s strategy to attract SMEs to online lending. Bank of Internet USA to deploy IntelliResponse virtual agent technology. First Annapolis’ The Navigator Newsletter interviews Sebastian Siemiakowski, CEO Read more…
In the world of promising young startups, there are far worse things than having Goldman Sachs as your largest investor. Just last week we announced that NBCUniversal News Group had forged a strategic partnership with Kensho, the global analytics and intelligence systems specialist. This week we learn that Goldman Sachs has taken the lead in Read more…