How they describe themselves: Investing should be fun and profitable. Voleo’s patent-pending platform enables people to create and manage investment clubs within a social network. From our iOS, Android and Web apps, users propose, discuss and vote on trades which are executed automatically on majority. Each user’s decisions are tracked and hypothetical positions managed to create a Definitive Return On Investment Decisions (DROID) score, feeding a community where top performing clubs and individuals can be followed in real time. We believe that lowering the cost and risk while providing a means to leverage the wisdom of crowds will lead to a better investment experience, and plan to licence our technology to financial institutions around the world.
How they describe their product/innovation: The Voleo social trading app enables people to invest together to save money and time while leveraging their collective knowledge to chase higher returns. Beyond these tangible benefits, Voleo lowers all of the barriers to entry for novice investors: money, knowledge, time and fear. To make it even more engaging, each person’s decisions are tracked so they can learn and prove how things would have gone if everyone had listened to them. Get insights from top performing investors in real time and validate them with your trusted peers.
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms, licensed
Thomas Beattie, CEO, firstname.lastname@example.org, 604-780-6136