by Jami Maree on February 17, 2014

FinanceNews Fintech One to Watch: Biletu

Biletu is your new way to organise events and share the expenses between friends and pay for it using your smartphone.

All-in-one, state-of-the-art app to join events, chat, gamification, mobile payments and social networks together in a simple way. Biletu is a new, simple way to allow users to connect and for companies to engage innovatively with targeted users.


Twitter: @biletu
Phone +56977904706
Founded 11/2011

Av. Providencia 229, Providencia, CHL

Felipe Millan CEO
Jeremias de Isquilla CTO
Carlos Croquevielle CFO

Biletu received $40k in Seed funding. (12/16/11)
Posted 2/1/12 at 5:26am via

Biletu added Jeremias de Isquilla as CTO. (11/1/11)
Posted 2/1/12 at 5:27am

Biletu added Felipe Millan as CEO. (11/1/11)
Posted 1/31/12 at 6:47am

Biletu added Carlos Croquevielle as CFO.(11/1/11)
Posted 2/1/12 at 5:27am



by Jami Maree on February 17, 2014

FinanceNews Fintech One to Watch: Backbase

Backbase is a software company, founded in the Netherlands in 2003, which has offices in Amsterdam, the Netherlands, New York, United States, Moscow, Russia and Singapore. The core products of Backbase are Backbase Portal and Backbase Forms.

Backbase was founded in 2003 in Amsterdam, The Netherlands by Jouk Pleiter and Gerbert Kaandorp to develop an AJAX framework using HTML, Javascript and CSS. Backbase used the term Rich Internet Applications to classify its software. In February 2005, Jesse James Garret coined the term AJAX, after which classification “Ajax-based Rich Internet Applications” was adopted. In May 2005, the Backbase Community Edition (CE) was launched, supported by the Backbase Developer Network.[1] The Backbase CE was a framework for developers and companies to build Rich and Web 2.0 Internet applications.

In 2008, Backbase decided to develop its own Portal Software. Backbase had made a 180-degree turn in its focus based on a shift it saw in the market with company Marketing Departments beginning to take over responsibility from IT Departments for the customer-facing part of their web sites. Quality Open Source frameworks were also beginning to emerge and in 2009 Backbase released Backbase Portal 4. In May 2011, Backbase released Backbase Portal 5, with a total focus on widgets.

At the beginning of 2011 Backbase opened an office in North America, in New York City, to better focus on its US customer-base.

Press Coverage

Backbase Wins ‘Best Of Show’ at Finovate Europe 2014 For Its New Omni-Channel Digital Sales and Enrollment Module

Out of the 67 companies that presented, the audience voted for Backbase as Best of Show. With its newly launched digital sales module, Backbase helps banks and insurers increase their online revenue by improving the customer onboarding experience across devices and channels.

Backbase, the makers of the Backbase Customer Experience Platform (CXP), launched their new Digital Sales and Enrollment Module at Finovate Europe 2014, the leading fintech conference in London, United Kingdom. The demo, which showed a streamlined, omni-channel loan application process, was voted ‘Best of Show’ by the audience of banking professionals.

The key features in the newly launched module include advanced targeting and segmentation rules within the Backbase digital marketing engine, which will help digital marketers at financial institutions optimize their digital sales campaigns. Also included are new out-of-the-box enrollment and origination capabilities that cover the entire digital application process, utilizing device specific features, like employing the camera on mobile devices to take pictures and using character recognition (OCR) to automatically pre-fill forms. The enrollment process is completely omni-channel ready; its possible to start an application on one device and continue on any other device, or in any other channel with a seamless handover and orchestration between channels.

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by Jami Maree on February 17, 2014

FinanceNews Fintech One to Watch: Azimo

Azimo is a UK-based financial services company whose website and mobile applications enable users to send money to 125 countries across Europe, Asia, Africa and the Americas.

Founded in 2011, by Michael Kent, Ricky Knox and Marek Mawro, Azimo announced a £300,000 angel investment round in January 2013.[3] The company raised an additional $1 million in September of 2013.[4] Azimo is headquartered in London and was included in the Wonga Future 50 UK Businesses for 2012

Azimo allows users to send money directly to a bank account, top up a mobile phone or send cash for collection at one of 150,000 global cash pay-out locations. Consumers pay for Azimo money transfers using funds from their UK bank account, a debit card or by depositing cash with one of the company’s banking partners. The money transfers are paid out in either U.S. dollars (USD), Euros (EUR), Sterling (GBP) or in local currency.

Azimo now provides money transfer services to 195 countries including Poland, Argentina, Philippines, Sri Lanka, Nigeria, Lithuania, Brazil and most recently New Zealand and South Africa.

Azimo gives customers the option to donate a portion of the money they transfer to charities working in developing countries and has active partnerships with charities, including Operation Smile.[9] It has pledged to donate 10% of annual profits to charities that it supports.[6] Staff members are offered a free day every quarter to allow them to get involved with work in the community and Azimo also provides non-profit organisations that have operations in the developing world with cost price access to its money transfer services.

Press Coverage

UK-based start-up adds fourth European market to online money transfer operation

Azimo has stepped up its aggressive European expansion with the launch of its online international money transfer business in Austria.

Austria will be the company’s fourth market since Azimo launched in 2012 and it follows successful fast-growing operations in the UK, Ireland and Germany.

The service gives Austrian residents a simple and cost-effective solution to sending money to 190+ countries across the world and is available in 12 different languages.

To mark the new launch, Azimo Austria will be waiving all fees for the first 90 days, saving customers up to €15. The site will continue to offer market-beating exchange rates on all transactions.

The expansion means the low-cost international money transfer service is now available to over 160 million people across Europe. It also opens up a market worth €4 billion annually, meaning Azimo has potential access to over €30 billion of money transfers every year.

Read More:



February 17, 2014

Akamai is a leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere. At the core of the company’s solutions is the Akamai Intelligent Platform providing extensive reach, coupled with unmatched reliability, security, visibility and expertise.

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February 13, 2014

Additiv is a Swiss software company providing bank 2.0 solutions based on its superior platform. was awarded the Banking IT-Innovation Award 2012. It allows customers and banks to handle and manage banking business faster, easier and cheaper.

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February 10, 2014

TraitWareID authenticates who a person is with a few questions and then associates that user with a specific mobile device and its digital characteristics. That provides enhanced security as well as a seamless customer experience….

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Global Study Shows British Workers Have Worst Retirement Futures

November 9, 2013

A new global study by HSBC shows that Britain is the country in which those who are soon to retire have the worst financial prospects.

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France: Challenges For New President Francois Hollande

May 8, 2012

France has voted for change in their national elections, removing Nicolas Sarkozy from his top spot and replacing him with the Francois Hollande. He takes the role at a time when the eurozone is facing a host of problems, with the obstacle requiring the most urgent attention being the economy.

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Call of Duty: Black Ops 2 Trailer Released

May 7, 2012

Activision have unveiled the trailer for Call of Duty: Black Ops 2, going on to declare that the game will be the ‘most groundbreaking and visceral Call of Duty experience ever. With the gaming industry making big gains in regards to technology with still plenty of room to improvem games that are being released are run with such strong engines that the experience is as fluid and immersing as ever.

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Diamond Jubilee: Cake Portrait For Queen’s 60-Year Rein

May 6, 2012

To celebrate Queen Elizabeth’s 60th year on the throne, her majesty will be celebrated by 3,120 little cakes being placed together to form a cake portrait. This will be the larger version of the cake, with a smaller version of the portrait being made with only 500 cakes.

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Roy Hodgson: Surprise Choice For England Manager

May 5, 2012

England were approaching the summer and the European Championships without a manager for the senior international team, and there was lots of speculation as to who would be stepping into the hot seat. A position that many have taken, and many have left frustrated and disappointed.

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The Scream: Painting By Edvard Munch Sells For Record Price

May 4, 2012

One of the most recognised and artistic masterpieces in history has sold for a record breaking price of $119.9 million at auction. It has now become the most expensive piece of artwork to be sold at auction, and was bought by a telephone bidder who will remain anonymous.

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Madeleine McCann: Parents Hopeful Daughter Is Alive

May 3, 2012

It has been five years since Madeleine McCann disappeared in Portugal, but even though there has not been any strong leads Scotland Yard have stated that the hunt for her is not close to being over. A photo has been released giving an impression of what Madeleine would look like now, a picture that looks like one which would be framed by parents and put on display.

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Dark Shadows: Tim Burton And Johnny Depp Team Up Again

May 2, 2012

Tim Burton and Johnny Depp have joined forces once again to bring another strange story to the masses, this time with the gothic world of ‘Dark Shadows’. Burton is back to his best with this movie, where his imagination has had room to run free, with Depp providing another very unique character for audiences to sink their teeth into.

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Titanic II: Aussie Billionaire Planning On Building Replica

May 1, 2012

It hasn’t been very long since the memory of the original Titanic was celebrated, this year being the 100th anniversary of its sinking. The ship was the first of its kind, the biggest and most luxurious. But it had a doomed life after being called unsinkable.

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