Ready for a Sneak Peek? How to Best Prepare for FinovateFall

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To give you a sense of the many new ideas at the upcoming FinovateFall conference in New York, we’ve launched our Sneak Peek series. Eight companies are featured each week leading up to the 8/9 September event (tickets now available).

In the meantime, here is a quick summary of the 66 announced companies (six more are in stealth mode). It’s a lot to take in; pace yourself!

  • Agreement Express offers an an end-to-end platform that helps traditional financial institutions automate labor-intensive parts of the customer onboarding process to remain compliant while quickly opening customer accounts.
  • Aleo’s marketplace uses e-procurement, e-commerce and supplier financing bundled in a single open platform to offer small and medium enterprises an online procure-to-pay solution.
  • AutoGravity’s mobile-first digital marketplace helps digitally minded customers, looking to buy and finance a vehicle, circumvent the inefficiencies of the auto-financing process by leveraging the full potential of their smartphone.
  • Avoka’s customer-acquisition platform integrates multiple fintech services to help banks, wealth managers and insurers use mobile and digital channels to onboard customers.
  • Backbase offers 60-second onboarding for financial services companies to accelerate customer acquisition with a simple, fast, and seamless omnichannel onboarding journey.
  • Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.
  • Bitbond’s automated, international credit-scoring mechanism compares small business-loan applicants from different countries by using machine learning and data from the applicant’s business accounts.
  • Bluescape offers large financial services companies a highly interactive, visually collaborative platform that uses real-time, cloud-based architecture that’s ultra-scalable, all-capturing, and accessible anytime from any device.
  • BondIT offers financial advisers and portfolio managers a data-driven solution that uses machine learning advanced algorithms to manage fixed-income portfolios and solve optimization challenges.
  • brandCrowder has developed an alternative investment platform focusing on branded franchises. It leverages 45+ years of franchise-operations experience to help retail investors finance franchises, helping to bring them to market quicker.
  • Clinc’s mobile, voice-activated personal financial adviser uses artificial intelligence to help consumers get answers to financial questions and tasks.
  • Consdata offers banks and financial institutions a comprehensive platform for e-form management and customer-communication complexities.
  • Currencycloud’s dedicated API services use intelligent APIs to help businesses with the cost, limitations, and boundaries of existing payment infrastructure.
  • Daon bridges convenience and security by offering financial services companies a mobile biometric authentication platform that turns a smartphone into a mobile capture device.
  • Divy’s app and social investing community uses an approachable interface and engaging content to help first-time and emerging investors access direct marketing and financial literacy material.
  • Dynamics offers issuers and their cardholders interactive payment cards and an authorization-based, real-time loyalty processing system.
  • ebankIT’s platform offers financial institution clients an omnichannel experience.
  • Econiq’s Conversation Hub uses color-coded conversations to help bank and insurer frontline staff, and operational management and executives avoid disconnected customer conversations in branches and contact centers.
  • Envestnet | Yodlee offers millennials a solution for measuring financial health and promoting a healthy financial lifestyle.
  • Experian CrossCore is a single platform that helps manage customer identities, fraud-prevention tools, workflows and decision strategies in an easy-to-use and scalable format.
  • EyeVerify’s Eyeprint ID offers banks and other financial services companies eye biometrics via smartphone cameras for convenient, secure and private authentication.
  • Featurespace’s ARIC Engine helps financial services clients spot and prevent fraud attacks in real time using adaptive behavioral analytics.
  • Finicity offers an API for companies to build financial apps.
  • Fiserv helps financial institutions enable social finance by providing customers access to a safe, collaborative bank-secured social funding product.
  • Full Profile uses the blockchain and smart contracts for real-time settlement and reporting of physical agri-commodities to help farmers, buyers, banks and government counter party and credit-risk exposures.
  • FutureVault’s cloud-based filing cabinet helps financial service providers and their clients organize asset documents and accounts using a secure, structured and collaborative B2B2C cloud environment.
  • GainX’s SaaS platform uses decades of market research and leading-edge technology to help large financial institutions overcome innovation and adaption failures.
  • GoodData helps large banks, credit-card processing and insurance companies commercialize and monetize their data using a scalable, manageable and secure platform that is exclusively designed for data products and embedded analytics.
  • iBank Marketing offers millennials a multifunction digital wallet to help them achieve personal goals around life events by using its local eco-system that bridges consumers and small- to medium-sized enterprises.
  • identitii uses tokens and blockchain to help financial institutions with KYC, CTF and AML compliance using an information layer over legacy systems.
  • InSpirAVE’s social e-commerce platform curates advice and financial support from the user’s friends and family, financial institutions, and merchants. It helps multiply savings, for big-ticket purchases for customers who otherwise may not be able to afford them, by placing important goals for life’s special moments within reach, without the crushing burden of debt.
  • KORE’s platform transforms enterprise applications, online banking and mobile apps into personalized, conversational engagements to help financial institutions meet customer-experience expectations using the power of bots and simplicity of messaging.
  • LendingFront’s lending platform leverages a cloud-based system that furnishes small businesses with capital using their cashflow data.
  • Lidya offers African small- to medium-sized enterprises access to finance using online receivables-based lending and proprietary credit scoring.
  • Liferay’s Digital Experience offers banks a richer understanding of customers by orchestrating personalized customer experiences.
  • M1 Finance places assets held in low-yielding cash accounts into an asset-linked bank account and intuitive investment platform.
  • MapD’s Immerse helps quantitative hedge fund and asset managers query datasets with billions of rows in real-time by applying the parallel processing power of GPUs to the challenges of databases, visualization and analytics.
  • MarketX’s cross-border investment platform helps international investors with the lack of liquidity for U.S. startup shares and limited access to U.S. pre-IPO investment opportunities.
  • ModoPayments offers financial companies a digital payments hub to connect disparate sources of value to diverse destinations using Modo’s COIN technology.
  • Moonraft Innovation Labs helps banks innovate and evolve by rapidly adapting to changing market needs using Catamera, its unique customer experience delivery framework.
  • Moven’s growing platform reaches the millennial, mobile first, digital native audience by bringing banking (specifically savings) into the moment.
  • MX helps financial institutions become true advocates for their account holders by using analytics to power a revolutionary category of data-driven money management.
  • nanoPay offers a payments and loyalty solution for merchants.
  • Overbond’s digital platform offers transparency, efficiency, and liquidity in the fixed income market for corporate issuers, investors, and dealers.
  • Personetics offers financial services providers a digital personalization platform that uses real-time, ultra-scalable predictive analytics to keep customers engaged in the digital age.
  • ProActive FinTech uses a phone app and debit card featuring unlimited mini bank accounts and pre-purchase categorization to help millennial moms with cash-flow management.
  • QE Data offers commercial banking systems a real-time predictive model for net cash-flows that uses machine learning, rich visualization, speedy deployment and real-world banking experience.
  • Qumram uses 100% real-time, video-like recording of every mouse movement, keystroke and button click to help financial services organizations with compliance and transparency issues relating to digital business.
  • RightCapital’s financial and tax-planning platform helps advisers deliver unbundled, quality financial planning and tax-planning services. It works to efficiently and digitally help consumers with the lack of viable business and technology solutions.
  • SaleMove offers financial institutions a live engagement platform to help sell and service complex financial services products online. The platform uses instant video chat and guided browsing with no downloads or installations.
  • Sindeo’s self-directed consumer rate quote and prequalification tool simplifies home financing and refinancing using an integrated platform that offers consumer, real estate partner, and adviser tools that conform to CFPB regulation and ensure a simple and easy consumer experience.
  • SpeechPro’s customer onboarding solution offers multichannel access to help CTOs, developers and other technologists focus on KYC, identity and verification.
  • Swych’s mobile gifting platform offers gift-card recipients a better way to buy, gift, and manage gift cards.
  • Tango Card’s RaaS API 2.0 uses simple-yet-complete delivery technology and domain expertise to help enterprises deliver incentives efficiently and effectively.
  • TokBox’s Financial Services Accelerator Pack offers banks and financial organizations secure and easy-to-embed, real-time communications technology.
  • TransUnion’s interactive data-visualization solution uses big data and analytics to connect and interpret consumer financial data for lenders.
  • Trulioo’s GlobalGateway uses traditional and cyber ID data sources to offer banks, financial services providers, and online marketplaces secure access to reliable, global data sources for instant ID-verification.
  • Trusona’s anti-replay and TruToken technology offers an insured identity platform for sensitive assets.
  • Unbill’s API enables companies to offer bill pay in their app or technology platform without complicated integration or high costs.
  • Uniken’s REL-ID, a card-not-present approval solution, uses mobile API tool kits and DMZ software appliances to help enterprises secure mobile communications.
  • Urban FT’s enhanced, white-label digital banking platform gives financial services organizations, wireless carriers, and other consumer-facing organizations a long-term, competitive advantage that makes their brand integral to customers’ daily financial and online social activities, financial tools, and social features.
  • Xentral Station’s supply-chain funding app helps vendors of all sizes receive cash for trade financing within 24 hours.
  • Zenmonics uses a single, common platform to help banks and their customers minimize friction in customer engagement with channelUNITED.
  • Zooz offers an agnostic, cross-border payments platform to help merchants act on payment processes and save money to maintain their client base.

Stay tuned on the blog for more detailed descriptions. And don’t forget to register now to reserve your spot.

Finovate Debuts: brandCrowder Offers Crowdfunding for Franchises

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With Brexit and other turmoil driving recent market uncertainty, alternative investments are getting an even closer look. The most recent startup to join the alt-investment movement is brandCrowder, a company that facilitates investment in franchises.

In his FinovateSpring 2016 demo Ijeoma Onuosa, the company’s president and co-founder, said, “brandCrowder, in essence, seeks to lower the barrier of entry into the market and offer to the market our curated deals.” Onuosa went on to detail how franchise-related equities have outperformed the U.S. stock market by 33%.

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Accredited investors can invest in single company funds, syndicated funds, and portfolio funds while nonaccredited investors can participate in national deals that fall under Regulation D of the JOBS Act. brandCrowder’s goal is to let everyone compete on a level playing field that Onuosa describes as a “yield-rich environment.”

Company facts:

  • Founded in 2015
  • Headquartered in Birmingham, Michigan
  • Offers franchise deals for 3,800 brands in 170 industry sectors
26593177943_e4eeeb0c89_kCFO Francois Nabwangu and President Ijeoma Onuosa, co-founder, demoed brandCrowder at FinovateSpring 2016

ArmiakBefore brandCrowder stepped onto the FinovateSpring 2016 stage, I chatted with Robert Armiak, the company’s CEO. Prior to joining brandCrowder, Armiak spent 18 years at Alliance Data where he served as SVP of finance and treasurer.

Finovate: What problem does brandCrowder solve?

Armiak: Two Pain Points—One Solution

  • Issue #1
    Traditional bank underwriting for portfolio holders of operating franchise units is broken (i.e., this $10 trillion market is illiquid, how does “McDonald’s guy” gain liquidity).
  • Issue #2
    Consumer access to higher-yielding alternative asset choices (i.e., if you’re a non-operator investor, how do you passively participate in profits much like the stock market).

Solution
Equity participation in franchise-generated free cash flow via commonly accepted and widely adopted structured financial products and recently adopted Title II and III regulations and guidelines.

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Finovate: Who are your primary customers?

Armiak: 

  • Franchisor
  • Franchisees
  • Institutional Investors
  • Accredited Investors
  • Non-accredited Investors

Finovate: How does brandCrowder solve the problem better?

Armiak: Our executive team is leveraging decades of industry-specific knowledge into an efficiency-focused, alternative-investing platform that will ultimately increase the velocity of capital in the United States.

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Finovate: What in your background gave you the confidence to tackle this challenge?

Armiak: Former board member, SVP finance and treasurer Alliance Data Systems (NYSE; ADS). Helped form ADS and took the “Big Data” company public in 2001 at a $500mm market cap which has since grown to more than $13 billion. Issued nearly $11 billion of asset-backed securities and another $7 billion of debt and equity to fund ADS growth.

Finovate: What are some upcoming initiatives from brandCrowder that we can look forward to over the next few months?

Armiak: Beta launch (August 2016)

Finovate: Where do you see brandCrowder a year or two from now?

Armiak: Actively assisting hundreds of brands, thousands of franchisees and millions of investors reach their near- and medium-term franchising goals more efficiently.

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Finovate What kind of metrics or facts about brandCrowder can we share with readers?

Armiak: We have over $300 million in offerings from some of America’s favorite brands in our current pipeline ready to come to market.

FinovateSpring Sneak Peek: brandCrowder

brandCrowderHomepage

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

brandCrowder’s equity crowdfunding platform offers syndication services and portfolio functionality. Crowdfunding-curated franchise deals match franchisees and investors with the right franchise opportunity.

Features:

  • Equity crowdfunding-compliance and -offering platform
  • Functionality to build your own portfolio
  • Syndication services

Why it’s great
brandCrowder has coded the ability to shift compliance and regulatory work onto CFA and RIA primary agents that advise on all accounts.

brandCrowderPresenter1Presenters

Robert Armiak, CEO, brandCrowder
Armiak, former treasurer of Alliance Data [NYSE:ADS], was named in 2010’s 100 Most Influential People in Finance.
LinkedIn

BrandCrowderPresenter2Francois Nabwangu, Co-founder, brandCrowder
Nabwangu is an experienced business development and franchise compliance executive, and formerly CBDO with the Viridian Group.
LinkedIn


Check out all of today’s sneak peeks: