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Investing, Authentication, and a Few Bots Take the Stage at Finovate

Bank Innovation

SAN JOSE, Calif. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to impress a passionate crowd of 1,500+ fintech fanatics. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Here’s our take on the demos from Read More.

San Jose 150
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Investments, Financial Management, and Even Some Virtual Reality: Finovate Day 2

Bank Innovation

SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simply Read More.

San Jose 150
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itBit Raises $25 Million, Earns New York State Trust Charter Ahead of Finovate Debut

Fintech Labs Insights

Days away from its debut at FinovateSpring in San Jose, itBit has earned an investment of $25 million from new and existing investors. Jordan II, as well as James Pallotta, chairman of Raptor Capital Management. Join itBit in San Jose for FinovateSpring 2015 next week.

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Trizic Raises $2 Million to Help Advisors Compete with Algorithms

Fintech Labs Insights

Trizic has named only one investor in past rounds , Operative Capital, which also funds AlphaClone. The San Francisco-based company’s Accelerator is a cloud-based advisory platform that caters to both advisors and their clients. Trizic demoed Accelerator at FinovateSpring 2015 in San Jose.

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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . Seven weeks into the new year, fintech companies have raised $4.7 HQ: San Jose, California.

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Spreedly Raises $2.5 Million in New Funding

Fintech Labs Insights

“This new round brings our total raised capital to a little under $5 million,” Benson said in a blog post this afternoon. ” Spreedly helps marketplaces and platforms accept a wider range of payment types while reducing cost, complexity, and compliance burden. Spreedly is also a Finovate alum.

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Finovate Debuts: DarcMatter Shines a Light on Alternative Investing

Fintech Labs Insights

For Sang Lee, co-founder and CEO of DarcMatter , capital markets are one of the few areas that has avoided disruption. Every industry has been disintermediated except for capital markets,” he explained. Eagle’s View Capital Management. Exbury Capital Management. White Star Capital. Provides $1.5