Category Archives: DebtGoal

Alumni News – Week of April 12

Here are the news headlines we posted this week on Twitter (follow it here).

DebtGoal raises first round of VC funding – In its first round of institutional funding, DebtGoal raised $2 million. The round was led by Tugboat Ventures, with participation from seed investor New Cycle Capital. To date, DebtGoal has raised a total of $3.1 million. http://bit.ly/bZxzq4

Diversinet awarded two patents – Diversinet was awarded two patents for mobile technology. One patent was awarded for a system that detects and classifies mobile devices, allowing apps to be matched with handsets. The other is for security technology for mobile digital data delivery. http://bit.ly/cDkHOU

Finovate Alums Among Webby Award Honorees – Finovate alumni FiLife, Kapitall, Lending Club, and SimpliFi are among the 12 honorees in the Financial Services category of the 14th annual Webby Awards. Fifteen percent of Webby nominees received honoree status. The actual Webby awards, presented by The International Academy of Digital Arts and Sciences, will be announced June 14th. http://bit.ly/cqC9Fa

GreenSherpa holds contest for savings tips – GreenSherpa is hosting a contest for reader-submitted money-saving tips. On April 21, two winning tips will be randomly selected. Winners receive annual subscriptions to GreenSherpa. http://bit.ly/cDakPl

Lending Club raises $24.5 millionLending Club received $24.5 million in investment funds from Foundation Capital, Morgenthaler Ventures, Norwest Venture Partners, and Canaan Partners. The company says it will use the capital for new loan products, new investment tools, and website improvements. http://bit.ly/9zU4lO

Lending Club also recently announced its fourth Twitter contest, in which daily winners will be rewarded for tweeting about the company’s ongoing photography contest. Twitter winners will receive shirts, messenger bags, and other products. http://bit.ly/d19g5g

Mint adds new feature to track cash spending – Mint added a new feature that allows users to manually enter spending data. Previously, all transactions had to be automatically uploaded from financial accounts. http://bit.ly/a3EtRb

Monitise reports more than 2 million registered users – Monitise has passed the 2 million registered user mark. The company stated that the increase in users was driven by increased uptake of its smartphone apps. Monitise serves more than 240 banks and financial institutions in the U.S. and U.K. http://bit.ly/cjMh7R

SecondMarket launches asset-backed securities market – SecondMarket, which provides a marketplace for trading in illiquid assets, announced that it launched a market for asset-backed securities. The move adds a ninth asset class to SecondMarket’s platform. http://bit.ly/b2GHFc

The company also announced $70 million in private company stock transactions this March, the highest amount that SecondMarket has ever traded in one month. In contrast, the company traded $44 million in private stocks in February. The company reported that 41% of the transactions were Facebook stock trades. http://tcrn.ch/bpcXpQ

SeerGate announces new COO – Jim Fancher has joined SeerGate as its new chief operating officer. Fancher was previously general manager at FIS subsidiary Endpoint Exchange Network and has also served as senior vice president of marketing at VECTORsgi and CEO of Gilson & Associates. http://bit.ly/9FilPo

SmartyPig recognized at Prometheus Awards – SmartyPig was honored Breakout Company of the Year by the Technology Association of Iowa in its fifth annual Prometheus Awards presentation. http://bit.ly/bUi0Hf

ThreatMetrix provides fraud detection for OnlineLabels.com – ThreatMetrix is providing fraud detection for OnlineLabels.com, which produces laser and inkjet-printable labels. The company’s online ordering system is automated, making it an easier target for credit card fraud. ThreatMetrix helps the company analyze transactions to detect suspect orders. http://bit.ly/bGRFMl

Transparent Financial Services adds business verification system – Transparent Financial Services, also known as TransFS, added a business-verification system that speeds up the company’s submission process. The new system identifies businesses based on their name and ZIP code. http://bit.ly/amDwqf

Zopa honored for innovationZopa was recognized by the U.K.’s Nesta, the National Endowment for Science, Technology and the Arts, in its Open 100 competition, which honors firms for open innovation. Peer-to-peer lender Zopa was awarded in the open business category. http://bit.ly/bs82cL

Alumni News – Week of March 29

Here are the news headlines we posted this week on Twitter (follow it here).

Acculynk Provides Debit Service to Sun Country AirlinesSun Country Airlines has partnered with Acculynk to provide its customers PIN debit service. Acculynk’s service allows users to make online purchases using their current debit card and PIN numbers without requiring any additional enrollment with the merchant. http://bit.ly/97u9EE

AlphaClone Adds Funds, History-Viewing Features, and AlertsAlphaClone, which develops investment portfolios by duplicating the patterns of successful investors, has added 18 new funds to its investment options. The company also added a feature that allows members to view a manager’s holdings back to 1999. Finally, AlphaClone is now providing email alerts when fund managers file a Form 13G or 13D with the SEC, indicating that the manager has purchased more than 5% of a public company. http://bit.ly/aKCsIE; http://bit.ly/9Pj1As; http://bit.ly/9q9QB2

DebtGoal Gains Board Member and New COO – Ed Ojdana, the founder of FreeCreditReport.com, has joined DebtGoal’s board of directors. Igor Vaks, former CIO of Experian Consumer Direct, has joined as the company’s chief operating officer. http://bit.ly/93UWux

Fiserv Launches Bill Payment WidgetFiserv launched a new bill payment widget that enables consumers to pay bills from within their online banking homepage. The widget is available to financial institutions using Fiserv’s online banking solutions. http://bit.ly/aYNFb2

mFoundry Provides Platform to Nassau Educators Federal Credit UnionNassau Educators Federal Credit Union will offer its 140,000 members mobile banking services supported by mFoundry’s mobile platform. Services will include bill payments, fund transfers, and balance checking. http://bit.ly/9k4Q9N

moneyStrands Celebrates First Anniversary of PFM launchmoneyStrands is celebrating the first anniversary of launching its PFM. Highlights of the year include acquiring Expensr and partnering with Savings.com and SouthPointe Digital Technologies. The company also passed 100,000 users in its first seven months. http://bit.ly/aVDXCp

Outright.com Opens Blog for Developers – Online bookkeeping service Outright.com has added a new blog for developers. Outright already hosts a support blog for its users. http://community.outright.com/

Prosper Raising Fourth Round of Funding Prosper is finalizing its fourth round of funding, seeking to raise $13.3 million to $15.8 million. The company signed a letter of intent with new and existing investors to raise the round, which is expected to close by April 15. http://bit.ly/cqiRr6

ThreatMetrix Provides Fraud Protection to iReel.comThreatMetrix is providing fraud detection and prevention services to online movie rental company iReel.com. iReel offers digital movies through an automated process. ThreatMetrix adds a layer of credit card authentication to the system. http://bit.ly/9uFTDI

TradeKing Deploys Recognia’s Strategy Builder – TradeKing is making Recognia’s Strategy Builder stock-research tools available free to its clients. Strategy Builder allows users to compare the performance of various investment strategies. http://bit.ly/bVzF1z

Last Chance for FinovateSpring Early-Bird Tickets — Only 2 Days Left to Save!

FinovateSpring 2010 LogoJust a quick reminder that the early-bird ticket prices for FinovateSpring 2010 (May 11, San Francisco) will expire at the end of March (less than 2 days from now). If you register by March 31, you’ll save $100 on your ticket and lock in your spot to see debuts and demos of dozens of new financial and banking technological innovations. 

We’ve handpicked an amazing list of companies to demo their latest including:

Tickets are selling well with hundreds of registered attendees from great organizations like: 

  • AARP
  • BNP Paribas
  • CBS
  • Experian
  • Google
  • Intuit
  • Kaiser Permanente
  • Mechanics Bank
  • Tower Group
  • USAA
  • Visa
  • Aite
  • Capital One
  • Celent
  • Filene
  • H&R Block
  • Jack Henry
  • Motley Fool
  • Target
  • PayPal
  • US Bank
  • Wells Fargo
  • Alliant Credit Union
  • Canaan Partners
  • Discover
  • Forrester Research
  • ING DIRECT
  • Highland Capital
  • Javelin Research
  • NY Times
  • TransUnion
  • Venrock
  • Wired Magazine

FinovateSpring is one of our twice-yearly showcases of the best new ideas in banking and financial technology. The show is built around a unique blend of fast-paced demos of actual technology (no slides!) and high-quality networking with an audience of senior FI executives, fintech entrepreneurs, VCs, press, industry analysts and bloggers. It’s an awesome environment to find your next competitive edge.

Don’t miss out on the early-bird price on your ticket to this great show. Register now!

P.S. Online Banking Report subscribers are entitled to an extra discount to our Finovate conferences. Email me to get it.


ericphoto.jpgEric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.

FinovateSpring 2010 Demo Companies Revealed

FinovateSpring-date-web.png

We’re very pleased to announce the lineup for the upcoming FinovateSpring 2010 conference. Taking place on Tuesday May 11 in San Francisco, the conference will showcase dozens of handpicked companies debuting and demoing their latest and greatest fintech innovations. The quality of the new ideas that will be demoed on stage is very high this year and we’re incredibly excited to showcase them to you.

The demoing companies selected (that we can reveal so far) are:

These companies will be showcased to an audience of senior financial/banking/credit union executives, influential press, industry analysts, venture capitalists, bloggers, tech companies and entrepreneurs.

A sampling of the great organizations already registered to attend includes: AARP, Aite, Alliant Credit Union, BNP Paribas, Capital One, Celent, Discover, Experian, Fidelity, Filene, Forrester Research, Google, Highland Capital, Intuit, Javelin Strategy, Jack Henry, Mechanics Bank, Motley Fool, NY Times, PayPal, Tower Group, USAA, US Bank, Venrock, Wells Fargo, and Wired Magazine.

We’d love to have you join us at the spring event and watch the future of finance/banking unfold onstage. If you register today you’ll save $100 via the early-bird ticket discount. Please note that the early-bird prices expire at the end of this month and space is limited so lock in your spot now!


ericphoto.jpgEric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.