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Money on Toast to outsource its administration to Equiniti Wealth Solutions. Mitek announces Restrictive Endorsement feature to reduce risk of duplicate check deposits. Azimo opens up money transfer service to Kenya’s M-Pesa. Better ATM Services signs agreement with ATM manufacturer, Genmega. Ixaris teams up with United bank for Africa (UBA) to bring its virtual card Read more…
It’s beginning to sound like a broken record — another monster week for fintech investments. Finovate alums alone pulled more than $200 million: Cardlytics ($70 mil), Wealthfront ($64 mil), Personal Capital ($50 mil), Segmint ($9 mil), Linkable Networks ($8 mil), and Socure ($2.5 mil). In total, 17 companies raised more than $349 million this week. Read more…
The last week of August was somewhat slower, but still included 10 new rounds, 3 of which went to Finovate alums. The total raised was $39.5 million. August concludes with a whopping $410 million raised, $215 million in equity and $200 million in debt (see previous posts for details). ————— Equity raised in order of Read more…
Today, New York. Tomorrow, Boston and the world. LendingRobot and Wallaby Financial were among the five companies to win the 2014 Innotribe Startup Challenge in New York last week. The two companies will join fellow winners, Epiphyte, Juntos Finanzas, and Standard Treasury – as well as winners from competitions held in Singapore and London – Read more…
Cheers to a new year! After ringing in 2014, we wanted take a look back at the capital raised by Finovate alumni in 2013. It was quite a year, with alums pulling in $825 million, $365 million more than in 2012 for an increase of about 80%. 2013 funding summary: 62 companies raised $825 million Q4 had the most Read more…
The third quarter of 2013 revealed that even during the sleepy days of summer, the business of putting capital into the coffers of fintech innovators remained as busy as ever. Finovate alumni were the beneficiaries of more than $171 million during July, August, and September. This brings the total year-to-date funding for Finovate alumni to at least $526 million Read more…
ACI Worldwide acquires Official Payments. MasterCard teams up with Basware to help companies migrate from paper-based payments. Tuition.io mentioned in Forbes. KlickEx takes home Top Startup prize at Swift’s Innotribe Challenge. Crains NY Business looks at Float Money, Socure, and Capital Access Network. Western Independent Bankers selects Q2 as preferred vendor for virtual banking solutions. This Read more…
On September 10 and 11, Finovate will return to New York for FinovateFall 2013. 70 companies will take the stage to present their latest technologies, including many that will be making their Finovate debut. In the weeks leading up to our September event, we’ll help you get to know the innovators and entrepreneurs who will Read more…
FinovateFall 2013 is right around the corner. That means it’s time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September. Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now. ________________________________________ Akimbo Financial offers a social bank account Read more…
With exactly two months to go until our seventh annual FinovateFall, it’s finally time to reveal the presenter lineup for the event. On September 10 & 11, these companies will take the stage to demo their newest innovations to a packed crowd of over 1,000 financial executives, venture capitalists, press, industry analysts and entrepreneurs. This Read more…
With exactly two months to go until our seventh annual FinovateFall, it’s finally time to reveal the presenter lineup for the event. On September 10 & 11, these companies will take the stage to demo their newest innovations to a packed crowd of more than 1,000 financial executives, venture capitalists, press, industry analysts and entrepreneurs. Read more…
Clairmail receives Frost & Sullivan Customer Value Enhancement Award. T8 Webware adds Des Moines Office. Ixaris names Kenneth Bonnici CFO. ValidSoft partners with SOCURE to bring security and ID theft protection to social networks. Intuit launches Mobile Banking Purchase Rewards for iPhone and Android. ID Analytics names Larry McIntosh as CEO. TSYS Acquiring Solutions launches Read more…