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  • Micronotes providing series of marketing campaigns for USAlliance FCU to help cross-selling efforts.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCortera rated higher than competitors in perceived value according to industry survey.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Billcom adds open APIs to banking platform.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banking Journal reflects on FinovateFall.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker looks at how Simple (@Simplify) is using open source technology.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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Online investment management site, SigFig, released mobile versions of its platform for iPhone, iPad, and Android devices today. 

The free, native app enables users to:

    • See all of their investment accounts in one place
    • Track their stocks, mutual funds, and ETFs in real-time
    • Use charts to check performance, allocation, and risk
    • Use SigFig's investment advice engine to quickly optimize their portfolio
    • Sync with over 60 brokerages
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To learn more about SigFig, watch its FinovateFall 2011 demo.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCartera Commerce recognized with a Golden Link award for its OfferLink network.
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  • InComm to continue the sale of gift card products in all new jersey stores.
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  • Lighter Capital invests in 3 new companies.
  • SigFig Launches Native Apps for iOS, Android.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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  • Geezeo signs Missouri Credit Union.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgO'Reilly Radar takes an in-depth look at FutureAdvisor, interviews CEO Bo Lu.
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  • Strands Finance, selected as tech partner of PostFinance, a Swiss FI & payment transactions provider.
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  • The Examiner looks at how Virtual Piggy is protecting kids online & interviews Founder & CEO, Dr. Jo Webber.
  • Check out the latest founder interview: Laura Mather of Silver Tail Systems.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBank Technology News reports WattzOn Helps Banks Help Customers Save on Energy Bills.
  • Fast Company reports Personal Capital's beautiful app convinces the wealthy to trust their money to strangers.
  • TechCrunch reports that Mint.com updated its app to allow users to split transactions.
  • Crain'sNewYorkBusiness.com describes how BillGuard fits into the Big Data scene.
  • How DCisions, Personal Capital, SigFig, FutureAdvisor, and Jemstep Are Shaking Up Wealth Management.
  • Klarna adds Nigel Morris, co-founder of Capital One, and Anton Levy, MD of General Atlantic, to its board of directors.
  • Westmoreland Community FCU chooses Geezeo for PFM.
  • StockTwits debuts new social signals features.
  • Kony Solutions announces $15 million series C financing.
  • Mitek enables $10 billion worth of mobile deposits.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

The wealth management industry has seen increased press coverage lately. Take, for example, The Economist's recent piece discussing how increased competition from startups has tempted clients into moving assets to lower-cost alternatives.

The article mentions DCisions, a startup tackling the big data around client portfolios. It also highlights Personal Capital, which launched at FinovateFall. The Economist states that the startup's online platform:

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"... tries to straddle the world between cheap online wealth management and the old world of private banking"

Aside from the cost, one of the largest benefits of moving your 
millions into a startup like Personal Capital is that the investment advice is unbiased. This is a topic that Business Insider covered last week, voicing concerns that clients' brokers are "royally screwing them over."

The article states:

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"With no other fees to compare your own to, you could wind up paying for far more than you should - especially if your broker's working on commission."

To ease this concern, the article recommends using
DIY tools such as SigFig, FutureAdvisor, or Jemstep. These tools help you see how your funds are performing and how much you're paying in fees.

To learn more about these companies, watch DCisions' FinovateEurope 2012 demo, Personal Capital's FinovateFall 2011 demo, SigFig's FinovateFall 2011 demo, FutureAdvisor's FinovateSpring 2012 demo (coming soon), or Jemstep's FinovateSpring 2010 demo

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  • Business Insider examines how SigFig, JemStep, and FutureAdvisor can help manage your investments.
  • Work Goes Strong recommends using Planwise to help get out of debt.
  • Huffington Post interviews Bill Harris, Personal Capital CEO.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTechCrunch hosts Jon Stein, Betterment CEO, to talk about the future of investing.
  • Backbase signs Higher One, a leading financial services provider for colleges & universities.
  • Bank Technology News reports Yodlee opens a workshop to boost startups.
  • TechCrunch reports SigFig launches.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCashStar brings eGifting platform to the UK.
  • Service2Media signs AppCenter Partner agreement with HintTech.
  • Clairmail appoints former Apple executive, Mitch Stein as new Director of Innovation and Design.
  • Lazy Man and Money blog covers SigFig, calling it the best way to track your investments.
  • Wonga launches Easter Egg hunt on Facebook.
  • eToro's OpenBook wins 2011 Superior Trading and Resource (STAR) Award.
  • WSJ's MarketWatch suggests using HelloWallet to help employees build wealth.
  • Relevantly Speaking highlights Offermatic in a podcast.
  • NY Times Bucks blog describes the experience of using Citi's rewards card powered by Dynamics.
  • Finextra looks at Mint, HelloWallet, and Lodo to consider benefits of implementing a PFM.
This post will be updated throughout the day as news and developments emerge. You
can also follow all the alumni news headlines on the Finovate Twitter account.
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Earlier this week, SigFig announced that it was one of eight startups to win the Windows 8 First Apps Contest.

The contest gave developers three weeks to create an app for the Windows 8 platform that would be available for demo on the Windows 8 consumer preview.

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The Windows 8 contest judges were impressed with SigFig:

"SigFig Portfolio allows you to track your financial portfolio from various brokerage accounts, get related news, see how investments perform against major indexes, explore various analytics, track movement in your portfolio, and get investor recommendations. The SigFig team took the opportunity to deliver exciting new features to the SigFig Portfolio app for Windows 8 that they haven't yet released on the SigFig website."

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To learn more about SigFig, watch its FinovateFall 2011 demo.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker reports: Prosper markets to small businesses.
  • InComm patents "Value Insert" solution for more effective RFID card products and services.
  • Business Insider rumors that Ashton Kutcher, an Iowa native, participated in Dwolla's recent round of funding.
  • BOKU announces another partnership: teams with Vindicia for mobile carrier billing.
  • TechCrunch lists Holvi as 1 of 5 startups to watch from Seedcamp's demo day.
  • Confident Technologies joins McAfee security innovation alliance.
  • miiCard shares its incentive for predictions from the FinovateEurope audience of the top 2012 trends.
  • SigFig wins windows 8 First Apps contest.
This post will be updated throughout the day as news and developments emerge. You
can also follow all the alumni news headlines on the Finovate Twitter account.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgStockTwits now powered by Revere Data.
  • PC World includes HelloWallet in its list of software that does it all.
  • Investment News looks at SigFig's free service.
  • American Banker examines Dwolla's role in digital disintermediation in the banking industry.
  • Technorati explains how Kabbage can help small businesses. Come to FinovateEurope to see its live demo.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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Next this afternoon is SigFig, which demonstrated how it provides consumers with concrete, free, and actionable advice on how to improve thier investment portfolio:

"Because of the wealth of data we import from users' brokerage accounts when they sign up for our portfolio service, we are in a unique position to offer specific and actionable advice. 

  • The entire product is powered by sync - you don't have to enter data, we automatically analyze your historical behavior. 
  • If you own a bad mutual fund or ETF, and there's a better one in the same category, we'll recommend a switch. 
  • We analyze the fees your brokerages charge you -- across dozens of categories -- and simulate your behavior at other brokerages in our system to see how much money you could save money. 
  • We'll automatically provide tax loss harvesting advice to help you optimize on taxes.
  • If you have a financial advisor, we'll automatically detect that and compare his or her performance to all others in our system and recommend a switch if warranted.
  • We'll analyze your behavior & style and recommend changes where warranted (such as too-frequent trading)."
Product Launched: October 2011 

HQ Location: San Francisco, CA 
Company Founded: July 2007 
Metrics: 25 employees, 1M unique visitors
Website: sigfig.com

Presenting Parker Conrad (Co-Founder)

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