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…

Finovate Alumni News– September 13, 2013

TradeKing wins FINRA approval for acquisition of GAIN Securities. Numbrs AG earns $3.8M in funding from parent Centralway. Interactions, LearnVest, mBank & Accenture, Mitek, Money Desktop, Motif Investing, TipRanks, and Yodlee pick up Best of Show awards at FinovateFall 2013. InComm, in partnership with CVS/pharmacy wins Best Third-Party Card Retailer Award. Standard Distributing and Other Read more…

FinovateFall 2013 Sneak Peek: Part 6

This is our final Sneak Peek of the companies who will debut their new technology on stage in New York on September 10 & 11 at FinovateFall. You can learn more about our upcoming event here.  In case you missed them, here are the previous posts in our Sneak Peek series: FinovateFall 2013 Sneak Peek Read more…

Finovate Alumni News– August 28, 2013

American Banker takes a look at NEXT, Yodlee’s incubation, acceleration, and cultivation program for fintech startups. PreCash launches Evolve Money for paying bills online or on the go. Invapay to deploy Kalixa’s Accept acquiring and payment gateway services. Swipely launches new feature that allows users to review sales for any time period. Financeit iOS app now Read more…

FinovateFall 2013 Sneak Peek: Part 5

We hope you’re enjoying our Sneak Peek at the presenters of FinovateFall 2013. You can learn more about our upcoming event here. And if you’ve missed an installment of our series, here’s a handy index to this year’s innovators. FinovateFall 2013 Sneak Peek #4 FinovateFall 2013 Sneak Peek #3 FinovateFall 2013 Sneak Peek #2 FinovateFall Read more…

Major Global European Bank Spends $2 Million on Kofax Solutions

An increased investment of $2.3 million by an unnamed “major global European bank” in smart capture specialist Kofax represents a deepened commitment to the technology company’s signature trio of products: Capture, Transformation Modules, and Mobile Capture. Kofax focuses on “First Mile” customer interactions, developing software that makes it easier for financial institutions to process the Read more…