Alumni News– November 25, 2014

Fenergo wins Outstanding Achievement in International Growth award from Irish Software Association. Global Debt Registry launches Debt Lookup, a free online service for consumers. Eastern University chooses ACI Worldwide to power its payment plan and tuition payments. Monitise, FreeAgent, True Potential, and Nostrum Group earn spots in Deloitte UK Technology Fast 50. Pymnts.com: PayStand takes eChecks Read more…

Kensho Announces Strategic Partnership with NBCUniversal

Global analytics and intelligence systems specialist Kensho has entered into a strategic partnership with NBCUniversal News Group. As part of the arrangement, Kensho has formed a “multi-faceted content and product agreement” with financial news network, CNBC. Financial terms of the partnership were not disclosed. Touting the agreement as a first-ever in the business, NBCUniversal News Read more…

Alumni News– November 19, 2014

eFLOW Crowdbridge from Top Image Systems voted one of the three best ECM Solutions for 2014. Technocular interviews WePay founder and CEO, Bill Clerico. Allied Payment Network launches its new small business payments solution, BizPay. Kapitall and Motif Investing both referenced in Investment News column on data visualization. Kahuna Payment Solutions chooses e-SignLive by Silanis, Read more…

OnDeck Seeks to Raise $150 Million in Initial Public Offering

Alternative small business lender OnDeck has announced plans to raise $150 million in an initial public offering. According to analysis from The Wall Street Journal, the IPO could value OnDeck at $1.5 billion. The Journal also suggested that the $150 million number for the IPO was likely a “placeholder amount” that will probably change.  While the Read more…

Fintech Fundings: 19 Companies Raise $240 million Week Ending Nov 7

The blistering $1 billion-per-month funding pace continued into early November, with more than $236 million raised globally across 19 fintech companies. Five Finovate alums recorded multi-million rounds including Trustly ($30 million), MX ($8.3 million), Kofax ($2.8 million), InvoiceASAP ($700,000) and Gremln ($500,000). The deals by size recorded on Nov. 1 through Nov. 8, 2014: Powa Read more…

Segmint Raises $9 Million in New Funding

Fresh off a $9 million capital infusion from an unnamed “global FinTech leader”, Segmint is looking to leverage its success with financial institutions to move beyond banks into other verticals. The new funding takes Segmint’s total capital to $23 million. Segmint CEO, President, and Co-Founder, Rob Heiser said in a statement: “We are consistently innovating Read more…

Xignite: Inspiring the Future of Finance with Easy and Speedy APIs

Are companies like Xignite the key drivers of financial innovation? Within minutes of his company’s keynote at FinDEVr this fall, Xignite founder and CEO, Stephane Dubois had already dropped the names of StockTwits, Personal Capital, and Robin Hood. All headline-grabbing fintech companies that have chosen Xignite to supply the crucial market data that makes their innovations Read more…

Alumni News– October 27, 2014

Feedzai and Encap Security team up to combine behavioral profiling with device credentialing to build better security for banks and merchants. CB Insights lists Nutmeg, TransferWise, The Currency Cloud, and Azimo among the 10 top fintech startups from the UK. The Guardian Money section looks at peer-to-peer lender including Zopa. TWiST (This Week in Startups) Read more…

Alumni News– October 23, 2014

Jingit’s Head of Product, Chris Ohlsen, weighs in on loyalty and rewards. Check out Finovate Debuts: Settle. Intuit launches developer experience and global app store for QuickBooks Online, including payments API. Anovia Payments partners with CardFlight to offer mobile point of sale solutions to merchants and developers. Richwood Bank hires Insuritas for its insurance agency Read more…

Alumni News– October 20, 2014

Nous raises $600k to help drive its SparkProfit stock market prediction platform. Lending Club selects the NYSE for its IPO. Currency Cloud releases Connect API 2.0. ID.me announces acquisition of Perkla. InComm partners with CardCash to integrate its online gift card exchange at InComm’s retail partners nationwide. Compass Plus completes its TranzAxis integration with Klarna. Read more…

Alumni News– October 15, 2014

PYMNTS: Karen Webster interviews Spreedly CEO Justin Benson. Finovate alums dominate alternative lending section of Bplans’ “35 Great Ways to Fund a Small Business.” Check out our latest CEO Interview: Mike Iacobucci of Interactions. Betterment launches Betterment Institutional to bring its technology to registered investment advisors. G2 Crowd Gridscape at Dreamforce ’14 shows eSignLive by Read more…