FinDEVr APIntelligence

This post has been superseded at finovate.com.

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusive for fintech developers, FinDEVr 2015, Oct 6-7 (fewer than 2 weeks away!) in San Francisco.

Developer news:

  • Fusion, Switzerland’s first fintech accelerator, selects 10 start-ups for its 12-month acceleration program that starts on October 5.

The latest from upcoming FinDEVr 2015 presenters:

  • PayPal explains its recently launched API Transactions Dashboard.
  • BehavioSec joins PwC’s Accelerator Programme.
  • Personal Capital appoints Mark Goines as CMO.
  • Business Insider ranks Currency Cloud among top fintech companies in Britain.
  • Let’s Talk Payments lists 25 top alternative lending startups including OnDeck.
  • Kanto X Hits Over $2 Billion in Currency Exchange Transactions.
  • 7-Eleven and PayNearMe launch PayNearMe Bill Pay app, a full-service bill payment center.
  • OnDeck and Intuit join forces to launch $100 million lending fund for small businesses.

Alumni updates:

  • Dynamic Trend integrates with Tradier Brokerage API.
  • Xero previews two new features – Billable Expenses and Invoice Reminders – for small business users of its platform.

Stay up to date on daily developments by following FinDEVr on Twitter.

Kantox Surpasses $1 Billion in Foreign Exchange Transfers

This post has been superseded at finovate.com.

KantoxLogo2.jpg

Foreign exchange management solution, Kantox, announced last week that it has exceeded $1 billion in currency transfers since its 2011 launch.

The UK- and Barcelona-based company reports that $200 million was traded in November and December alone. At this rate, it expects to reach another $1 billion by the end of 2015.

Kantox counts more than 1,000 businesses as clients, which is double the number of businesses that were using the platform a year ago.

KantoxHomepage.jpg

Kantox drives down FX costs by disintermediating banks and brokers with its platform where companies can trade directly with one another.

It demonstrated Peer FX at FinovateEurope 2013. Check out the video here.