FinovateSpring 2011 Video Archives >> Currensee


Website: www.currensee.com
Blog:
blog.currensee.com
HQ Location:
Boston, MA
Company Founded: August 2008
Product Being Demoed: Currensee Portfolio Builder™
Product Launched: May 2011
Metrics: Over 8,000 member social network with members from 200 countries, members have made 2.8 million trades with over $76 billion in volume, investors in the Trade Leaders™ Investment Program have traded over $3 billion since the program's inception in October 2010




Presenter Profile How they describe themselves: Currensee is the alternative investment service that puts the power of world currency markets in the hands of every investor. With the Currensee Trade Leaders™ Investment Program, investors build their own automated trading portfolios of Trade Leaders, top foreign currency traders hand picked from the thousands of members of the Currensee social network. The program offers investors an alternative to traditional asset classes. Currensee delivers complete account control to investors, who can see every trade in real time, manage and modify investment allocations with one click and benefit from the safety and security of proprietary online investing technology.

How they describe their product/innovation: Currensee Portfolio Builder™ enables investors to build, preview and test sample portfolios derived from the Currensee Trade Leaders Investment Program. It delivers a new level of transparency to investors by giving them the tools to build diversified portfolios based on actual historical performance and risk. In addition, investors can track these portfolios before making an investment. The product innovation is essential for investors' success because it provides transparency through the ability to visualize the tradeoffs between performance and risk, along with control through the capability build a portfolio that is properly diversified and matches their risk appetite.

Key Executives: Dave Lemont (CEO), Asaf Yigal (Co-Founder & VP of Product)

Key Board Members: Jim Moran (North Bridge Venture Partners), Travis Connors (Egan-Managed Capital), Jim Ginsburg (Vernon & Park Capital)

Key Investors: North Bridge Venture Partners, Egan-Managed Capital, Vernon & Park Capital

Key Partnerships: FXDD, AvaFX, FXCM, Citbank

Customers: The Trade Leaders Investment Program includes self-directed investors, high net worth individuals and Forex traders from over 50 countries who have traded over $3 billion since the program's inception in October 2010

Contacts:
Bus. Dev., Sales: Brian Glantz, VP, Global Head of Sales & Business Development, brian.glantz@currensee.com, 201-266-6325
Press: Steve Vittorioso, steve@inkhouse.net, 781-791-4557

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