Finovate Spring 2016 – Best New Innovations in Finance and Technology
Welcome to live blogging from Finovate Spring 2016. Learn about the latest innovations for consumers and investors to make your life richer and easier. In an exciting 7 minute format, each of the presenting companies pitch their products. We’ll sample some of the newer fintech offerings targeted towards the consumer and investor.
Following is an introduction to several of the investment and money related Finovate Spring 216 presenters:
Automated Investing Showcase
“An all-digital investing and money management platform for the emerging-to-mass affluent female investor.”
Born out of the wildly popular Daily Worth site, WorthFM is a new entrant into the robo-advisor sphere. WorthFM answers the well-compensated woman’s money questions and provides a solution targeted towards her money style. She’ll grow her net worth while building her saving, investment, and retirement funds.
“Build a global startup investment portfolio and spark the next wave of innovation.”
Shalom to this Israeli based entry which is open to accredited investors interested in getting in on the start-up action. This app allows those making $200,000 or more or with assets of $1 million join the VCs investing in start-ups. Interested in becoming a part of the next Facebook? … Here’s where you may begin.
“Access. Insight. Simplicity. Changing the way the world invests.”
Marriage of robo and DIY investing. Want to invest like Peter Lynch, Templeton, or Buffett in individual stocks? Marketed through advisors, this platform can be ‘white-labeled’, for clients. MeetInvest screens 69,000 stocks worldwide, and implements investment portfolios like the greats! No muss, no fuss-the algorithm does the work.
“Unparralleled access to proven tech companies — before they IPO.”
Another “robo type” investment platform for accredited investors to buy into the tech boom. You’re accredited if you make over $200 K per year or have investable assets of over $1 million. Get analysis and in depth reporting on the platform. Companies have been screened through 12 filters and only the top IPOs make the cut. There’s an easy advantage investment research wizard, too. If you meet the criteria, have $20,000 to invest you might check it out. They also offer a private equity ETF.
Money Management Showcase
“A whole new way to manage your money. Apply. Load. Spend. Track. Control”
Moven keeps movin’. Newly launching TD MySpend app at Finovate Spring 2016.
Integrates an account, a card, and app for a complete money management system. Wildly adopted, Moven is helping consumers make the most of their money. This app is designed for the consumer to succeed and reach their money hopes and dreams. For businesses, Moven caters to financial institutions looking to give their customers added money management tools.
FINTECH + ADTECH = O2O COMMERCE
“Empyr has solved the online to offline equation with a card-linked platform that generates new revenue for websites and apps while rewarding their users with cash back at local merchants.”
For consumers, looking to save money, this is very cool. You get discounts on restaurants in your area after very easy sign up! Better than coupons because no one knows you’re participating. Website publishers profit by participating as well.
“Student Loan Genius helps employees get to the next stage of life, through an employer benefit with real value.”
Student loans are a problem for thousands. And how do workers’ pay off their loans while investing for retirement? Student Loan Genius offers a student loan benefits solution. Employers can help fund employees 401(k) as student’s refinance and payoff their student loans.
Finovate Spring 2016 highlights many more impressive Fintech solutions. Make sure to visit Day 2 of Finovate’s live blogging – The Latest Fintech News.