FinovateSpring 2019 / Agora Services
Presenter Profile:
How they describe themselves: Agora Services helps Community, Credit Unions and over 8,000 Regional Banks ramp up their digital experiences without replacing their core banking system.
Agora leverages its fintech platform built with innovative technologies on an entirely cloud based architecture. Agora co-creates and provides tech tools so Banks can implement start of the art fintech products and features while accelerating their digital journey.
How they describe their product/innovation: Built on our state of the art core banking system, the parent/ children use case is a mobile banking solution for teenagers, giving them autonomy while still supervised by the parents. Parents are able to fully manage their children’s accounts and cards settings in real time, and they can top up the account using an external payment card.
Children, on their hand, received their money in real time and are able to send money requests to their parents thanks to our peer-to-peer money transfer technology. It is the first step into financial independence for kids.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev. & Press: Arcady Lapiro, CEO & Co-Founder, arcady.lapiro@agoraservices.us
Website: agoraservices.us
LinkedIn: linkedin.com/company/agoraservices
Twitter: @agoraservicesNY
HQ: Little Rock, AR
Founded: 2017
Product Demoed: Parent/ children exchange money mobile application
Metrics: Self funded, in the process to close 1.5M. 5 employees. Accelerated by Mastercard startpath and ICBA Venture Centre. Pre revenues.
Presenters: Arcady Lapiro (CEO & Co-Founder)
- Key Executives
Key Stats
- Key Advisory & Board Members
David True, FinTech-Geek, Sam Levy, M&A Advisor
- Key Investors
Self funded – not public yet for our series A to be closed in the next three months for around 1.5M
- Key Partnerships
Mastercard Start Path, ICBA, Venture Centre Arkansas, Marqeta, AWS
- Key Customers
We launched very recently, and B2B cycles are very long. We are in talk with ICBA banks and other U.S. banks as well some overseas banks. We aim at presenting three references by the end of the year.