KlickEx Launches Crypto-Currency 2.0: A New Global Asset-Backed Currency

This post is part of our live coverage of FinovateAsia 2013. In the final demo before lunch, KlickEx debuted its crypto-currency for central banks: “After extensive testing in the Pacific, KlickEx is pleased to announce the development of a new asset-backed and algorithmic crypto-currency for institutional and retail use. A stable, international, risk-free asset is Read more…

Payoneer’s Commercial Account Gives Businesses and Individuals Global Access to Their Funds

This post is part of our live coverage of FinovateAsia 2013. Then, Payoneer debuted its commercial account: “The Payoneer commercial account offers businesses and individuals worldwide the ability to receive funds from a global network of corporate companies. Account holders have a variety of tools to access their funds, including low cost withdrawals to bank Read more…

Matchi Debuts its Global Innovation Community

This post is part of our live coverage of FinovateAsia 2013. Second up, Matchi launched its global innovation community platform: “A global community innovation platform for the financial services industry that offers market ready banking innovations from across the globe and collaboration opportunities that have the potential to save the banks millions of dollars in Read more…

FinovateAsia 2013 Sneak Peek: Part 4

FinovateAsia 2013 is coming to Singapore in just over one week. And, just in time, here are the final seven companies who will bring their live demos to the stage. If you missed the previous three installments of our Sneak Peek preview series, check out the links below. FinovateAsia 2013 Sneak Peek: Part 3 FinovateAsia Read more…

ERN Global Raises Additional $1 Million in Seed Funding, Sets Sights on Asia Market

After the flood of funding announcements last week,* ERN Global, creator of Looop targeted offers solution, just reported that it raised an additional $1 million in seed funding. This latest installment, which comes from unnamed private investors, brings the company’s total funding to $5.6 million. The London-based company plans to use the funding to bolster its Read more…

Categories: ERN

Third Quarter 2013 Funding for Finovate Alumni — More than $171 Million Raised

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…

Finovate Alumni News– October 3, 2013

ValidSoft releases latest addition to the VALid suite of telecommunication based security products, Zero Latency Correlation. Kabbage partners with Xero to provide SMBs capital based on their online accounting data. Faces of Innovation features Wade Arnold, Banno CEO. FIS Global signs agreement to market ARM Insight’s Prepaid Management Platform. MasterCard announces partnership with Parkeon to Read more…

Finovate Alumni News– September 20, 2013

Washington-based Connection CU now providing MoneyDesktop PFM services to members. TA Associates completes majority investment in Arxan Technologies. Terms not disclosed  DoughMain’s new logo wins an American graphic design award. NPR’s Marketplace takes a look at Manilla and the rise of automatic bill pay. Wall Street Journal column on innovation in banking features Finovate alumni mBank Read more…

What to Expect at FinovateAsia this November

You may have seen the list of FinovateAsia demoing companies we released a few weeks ago. Here are more details on the 32 companies demoing November 14 at the MAX Atria @ Singapore Expo. Get your ticket here to be part of the crowd. Stay tuned for our Sneak Peek series next month featuring a behind-the-scenes look at each Read more…

Finovate Alumni News– September 19, 2013

Comdirect bank launches PFM Service powered by Meniga. SafetyPay adds the U.S. and Caribbean as regions where global merchants can accept cash payments for online purchases. Locaid launches Locaid Campaigns platform to provide location-driven marketing tools to SMEs. This post will be updated throughout the day as news and developments emerge. You can also follow Read more…