FinovateEurope 2021 / Econans
Presenter Profile:
How they describe themselves: Econans provides digital simulation and automated advice services for personal finances focused on life events, generating more confident consumers and higher conversion for banks and real-estate firms. Econans has a strong team with very experienced people from banking, fintech, UX, and engineering.
The solutions are white label and easy to integrate. Econans works as a co-innovation partner and adapts the solutions.
Econans has a strong market presence in Sweden with more than 500.000 end-users per month and is now expanding to new market.
How they describe their product/innovation: Econans will demo the solution Foreteller, an interactive financial simulation tool. The solution includes an automated robot adviser and the possibility to work with different life events. This gives the end-user the possibility to better understand the financial implications of events, such as buying a new home, working part-time, having kids, moving in together, or perhaps retiring.
For the banks it gives them the possibility to improve the customer journey, increase engagement, and significantly boost the conversion rates for leads.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts
Bus. Dev.: John Nyström, Global Business Manager, john@econans.se, +46 (0) 709845223
Press: David Klamer, CEO, david@econans.se