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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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The Next FinTech Unicorn? Rumored $150 Million Heading to Kabbage

Fintech Labs Insights

” Pictured: Jason Dell, Kabbage Head of Product, demonstrating the Kabbage Card at FinovateSpring 2015 in San Jose. Earlier this month, Kabbage announced a partnership with Experian that would bring its lending platform to Experian’s institutional clients that had small business and consumer customers.

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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 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. million Seed.

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FinovateSpring 2016 Live Blog – Day 1

William Mills

One use case is to use a bot, via text messaging, to help customers when they have potential credit card fraud. Card-linked offers generated a lot of excitement a few years ago. They have a platform to source the merchant offers, and match them with card issuers. Link your card to website or app, select the offer.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. Gift cards backed with public company equity. Gift cards backed with public company equity. HQ: San Jose, California. Fingerprint-authenticated payment card. Card rewards management. Source: Finovate.

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Where Are They Now: FinovateSpring Alums Raise More than $326 Million in a Year

Fintech Labs Insights

Of the 72 companies that demoed at FinovateSpring 2015 in San Jose last year, 21 of them raised capital within a year. M&A] Ciright One Purchases Stratos Card – video. Kabbage’s Fresh $135 Million to Help Grow Karrot Consumer Lending Platform – video. [M&A] All $326 million of it. October 2015.