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FinovateSpring 2016 Live Blog – Day 1

William Mills

OurCrowd is bringing a fintech solution to the process of sourcing and managing deals. Interesting take on managing customer experience, a big topic nowadays. Houston Frost (SVP, Prepaid Products). Some of the top companies in fintech are gathered for the Spring Finovate conference in San Jose. Good job. ^WM.

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Bill.com Acquires Divvy For $2.5B To Enter The Spend Management Space

CB Insights

Bill.com , a cloud-based billing, accounting, and payments platform, has acquired Divvy , a spend management platform, in a stock and cash deal valued at $2.5B. Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Wealth management platform. HQ: San Rafael, California. HQ: Houston, Texas. HQ: San Jose, California. Risk management and compliance software. Home buying & mortgage process management. Tags: Enterprise, B2B, banks, wealth managers, investment firms, core technology. Source: Crunchbase.

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