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Personal Capital Announces $50 Million Series D Round

By David Penn Posted on October 29, 2014
Categories: Personal Capital

Personal Capital has announced a new investment of $50 million.

The Series D round was led by Corsair Capital, BBVA Ventures, and USAA, with current investors Crosslink, IVP, and Venrock also participating. The investment takes Personal Capital’s total funding to $109 million.

Personal Capital CEO Bill Harris said, “This infusion will help accelerate our already-rapid growth – we’ve seen revenue increases of 10% or more each month for the past seven quarters.”

It’s one thing to have a banner year in funding for alternative investment services. Between Personal Capital and Wealthfront, the sector is having a banner week. In a statement, Corsair Capital’s Jeremy Schein positioned Personal Capital at the “intersection of consumer technology and financial services.” It will be interesting to see how the platform continues to distinguish itself on what is an increasingly crowded corner.

Personal Capital differentiates itself with an approach that blends the PFM and online investors advisory approaches in order to provide an “end-to-end” money management system. And unlike the “robo-advisors” it is often grouped with, Personal Capital uses a technology-assisted advisor strategy, in which real-live human financial advisors play a key role in helping clients plot their financial plans.

As Harris explained in a talked-about interview on CNBC from earlier this year:

“We take the best of traditional wealth management, which is typically only available to people with multiple millions of dollars. We take that sophisticated and customized financial management, and bring it down and make it available to regular people, affluent households in this country.”

On the technology side, Personal Capital’s online and mobile apps give clients the ability to discover their net worth, track and manage cash flow and budgets, and check up on investments, including 401(k)s. Clients can review finances on their desktop, tablet, or smartphone and, when ready, schedule a consultation with a Personal Capital financial advisor.

Founded in 2009 and headquartered in Redwood City, California, Personal Capital demoed its One Click Investment Proposals at FinovateSpring 2014. See a video of the company’s presentation.

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Segmint Raises $9 Million in New Funding

By David Penn Posted on October 29, 2014
Categories: Segmint

Fresh off a $9 million capital infusion from an unnamed “global FinTech leader”, Segmint is looking to leverage its success with financial institutions to move beyond banks into other verticals.

The new funding takes Segmint’s total capital to $23 million.

Segmint CEO, President, and Co-Founder, Rob Heiser said in a statement:

“We are consistently innovating our technology to not only help marketers increase their overall ROI, but also to remain the leading solution for brands seeking complete impression to influenced conversion metrics.”

The statement also notes that the Segmint will use the funding to help “accelerate enhancements” to current and new products, as well as growing the number of employees, and helping manage increased demand for Segmint’s services.

But there’s more. According to a conversation between Heiser and VentureBeat, the company will be looking to use the money to “pursue the insurance vertical.” Heiser plans to use the same formula that worked to bring banks to his platform to onboard insurance companies and, after them, retailers, as well.

Segmint’s technology helps banks better understand and evaluate customer data. The company’s platform collects financial data (checking account history, credit cards, loan payments, etc.) and then uses that information to establish a Key Lifestyle Indicator or KLI. These KLIs can then be used by banks to evaluate customer suitability for various financial products, such as a loan refinance. Segmint has strategic partnerships with a number of major fintech innovators such as FIS, Computershare, and Cognizant.

What helps separate Segmint from its rivals is the company’s end-to-end platform. This makes it easier for users of the platform to build, execute and measure marketing campaigns while at the same time ensuring that those marketing campaigns remain within compliance and regulatory guidelines.

Founded in 2007 and based in Akron, Ohio, Segmint demoed its One Button SegmintEngage Solution at FinovateFall 2012. See a video of the company’s presentation here.

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Alumni News– October 29, 2014

By David Penn Posted on October 29, 2014
Categories: Coinbase, CurrencyFair, Flint Mobile, Forte Payment Systems, Google Cloud Platform, Knox, MasterCard, Segmint, vaamo

Small Business Computing features Flint Mobile in its short list of small business financial apps.

MasterCard announces launch of MasterPass in Taiwan.

Segmint raises $9 million in new funding.

xconomy profiles CurrencyFair.

Vaamo raises $3.2 Million, Launches Out of Private Beta.

Coinbase adds multi-signature tech to its Vault for high net worth Bitcoin holders.

Vogogo partners with Knox Payments to enable its future US clients to accept payment from any US bank account.

Dataconomy interviews Forte CEO, Jeff Thorness.

Google Cloud Platform announces Beta For Local SSD.

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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Finovate Debuts: Linqto

By Julie Muhn (@julieschicktanz) Posted on October 28, 2014
Categories: Linqto

The Finovate Debuts series introduces new Finovate alums. Today’s feature is Linqto, which demonstrated its virtual Personal Banker solution at FinovateFall 2014.

With Linqto’s Personal Banker, users can talk face-to-face with their bank teller in real time, from anywhere with an Internet or data connection.

The stats

Company founded in 2010
Product launched in 2014
Clients include Marriott, Intuit, NCR, and other major organizations

The product
Digital banking has transitioned from a “nice-to-have” to a “must-have,” but many customers find that an online-only channel lacks the personal connection that comes with the in-branch experience. Personal Banker captures the convenience of remote banking while maintaining the personal, face-to-face relationship aspect of in-branch banking.

With Linqto’s system, customers launch a live video chat with a real teller directly on their mobile device. Personal Banker is built to accommodate all devices; even customers without a camera can use SMS to text with a teller.

How it works: Consumer facing

>>Banking
Customers launch the video chat by clicking a button on the web or mobile platform. The one-touch access works like the Mayday button for the Kindle Fire HDX.

To make it as easy as possible, there is no software to upload, no plug-in to install, and no additional user name or password required.

During a video chat, customers can view and discuss their balance and take a picture of a check to deposit it during the session. They also have the option to type in questions and answers during the discussion, in the event they are in a public place.

>>Learning
The Personal Banker solution also has community rooms that act as virtual conference rooms where banks can host seminars on subjects such as retirement and home buying. Customers can interact with the conference host by speaking through their microphone or typing into the chat box.

How it works: Bank-facing

The teller’s screen shows a streaming video of the customer, their location information, their account information, and notes, such as their preferred nickname.

The teller also sees the availability and location of other tellers or specialists. Similar to a call-in experience, the teller can transfer the customer to someone such as a loan officer or wealth management specialist.

Since Personal Banker still requires the use of tellers, it enables banks to use idle teller resources, helping some branches remain cost effective. This serves digital customers while keeping tellers in geographical locations where they are needed.

Security

Personal Banker adds an extra layer of security. First, it is difficult to spoof a live video of a face, which enables the teller to verify the customer’s identity. Additionally, the video feed is delivered securely, and all proprietary information is sent behind a firewall.

Linqto markets Personal Banker to bank technology providers such as Intuit, who combine the functionality with other solutions and market it to banks. The Personal Banker solution is coded to fit seamlessly within a bank’s website, mobile app, and branch software.

Watch Linqto’s live demonstration of Personal Banker at FinovateFall 2014.

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Xignite: Inspiring the Future of Finance with Easy and Speedy APIs

By David Penn Posted on October 28, 2014
Categories: Xignite

Are companies like Xignite the key drivers of financial innovation?

Within minutes of his company’s keynote at FinDEVr this fall, Xignite founder and CEO, Stephane Dubois had already dropped the names of StockTwits, Personal Capital, and Robin Hood. All headline-grabbing fintech companies that have chosen Xignite to supply the crucial market data that makes their innovations work.

Sharing the stage with software engineer Anand Viswanathan, Dubois used a real stock purchase to take the us from financial social network to PFM/investment advisory to trading platform, connecting the dots of a real fintech ecosystem with Xignite at the center.

From Xignite’s perspective what makes them the resource of choice for so many innovative fintech startups is that Xignite understands two key things about innovation in a competitive technology marketplace. First, it doesn’t matter how good your product or service is if you can’t get it to market before your competitors. Second, don’t make developers spend any more time on the “financial market data piece” as Dubois calls it, than is absolutely necessary.

“Individual developers have an idea, a vision of building something unique,” Dubois explained.

“By creating something that developers can look at and say, ‘I can code this today’ it makes it easier for them to create and innovate,” Dubois said.

Ready, Set – Xignite!

It’s worth remembering that there was a time when getting access to market data itself was a challenge. “Historically sourcing and integrating market data has been very painful,” Dubois said from the stage at FinDEVr this fall. “It’s very complex area, its full of quirks and its littered with legacy technologies.” He recounted a story of Wealthfront founder Adam Rachleff, who became frustrated with legacy data providers, and decided instead to turn to Xignite for market data.

“We helped Andy build Wealthfront,” Dubois told developers. “And we can help you build your business.”

Founded in 2003 and headquartered in San Mateo, California, Xignite’s story has been about more than just building a better market data delivery mousetrap. By 2008, the media had begun to pick up on how, in the words of TechCrunch’s Jeff Widman, Xignite was a “case study” in how a wide range of businesses – in this case Forbes.com – could take advantage of cloud-delivered data and free themselves from the costs and technology issues of legacy financial market data providers.

As Dubois explained in an interview earlier this year, the previous generation of APIs assumed two things: slower networks than we have today, and applications that stored data. “Now the networks are faster and apps ask for data repeatedly rather than storing it,” he said.

This is what has allowed for “massive cloud ecosystems” such as Amazon Web Services, which Xignite leverages in order to support its own ecosystem of fintech builders and innovators.

Today Xignite offers a wide array of fintech solutions. Its Market Data Cloud provides real-time, historical, and reference financial data on instruments in all asset classes. Its Market Data Distribution solution is used by exchanges and vendors such as NASDAQ to provide transaction data especially through Xignite’s on-demand APIs. Large FIs can take advantage of Xignite’s Enterprise Data Distribution solution, which helps organizations clean up data redundancies, as well as provide data through a private, branded API catalog.

Xignite currently processes more than 15 billion API calls a month from more than 45 countries. Its FI partners include BlackRock, Charles Schwab, BNY Mellon, Natixis, and TD Ameritrade, and exchanges like the Nasdaq OMX and the NYSE both use Xignite to sell their data.

The Technology

Xignite calls itself a design company rather than a “market data” company. It’s another way of saying that in addition to accurately delivering data quickly, Xignite has to provide that data in ways that are easy for developers to deal with. “Market data is especially complex,” Dubois explained. “We demystify it so they can build apps super quickly. We also have everything they need in one place – a one-stop shop – and what they’ll need for tomorrow.”

Some of what makes Xignite help developers get their projects finished easier and to market faster may seem like minutiae to non-builders. But according to Vishwanathan, its the minutiae that matters. He points to the layout of Xignite’s Product Catalog, which offers “tons” of API operators for individual services such as Get GlobalDelayed Quote. This gives developers the maximum ways to get the data they need. The API test forms in Xignite APIs can be customized so that developers can see only the outputs they are interested in, and in-line documentation helps make sure that builders are know both exactly what they are getting and exactly how to integrate it into their projects.

Xignite and the Fintech Gold Rush

Dubois thinks we are living in a “fintech gold rush”. And as such its Xignite’s job to provide prospectors with the shovels, pans, and dredges. Newly queued up is FactSet, which provides financial information and analytics to more than 50,000 customers via desktop analytics, mobile apps, and data feeds. Xignite announced earlier this month that its customers will have access to FactSet’s global fundamental market data via its APIs as early as Q4 of this year.

In making the announcement about FactSet, Dubois referred the challenge of “keep(ing) pace with innovation.” It’s a telling acknowledgement and heartening to hear for fans of the platform. After all, it was a change in the way that data moved and was used – from slow
er and locally stored to faster and distributed from the cloud – that helped give Xignite the advantage it has. It is impossible to know the next evolution in data, the form it takes or the way the apps of tomorrow will consume it. But in either event, it will be worth watching to see how Xignite grows and adapts to stay at the forefront of change.

What’s not likely to change any time soon, however, are the number of companies discovering providers like Xignite and deciding that cloud-based financial market data delivery is a better alternative.

“Whether you are a startup trying to topple the world order, or working for a large company and trying to hold on to what you’ve got, what you need is speed,” Dubois said. “We have the largest, fastest, most powerful set of RESTful APIs that will help developers get their products to market faster.”

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Vaamo Raises $3.2 Million, Launches Out of Private Beta

By Julie Muhn (@julieschicktanz) Posted on October 28, 2014
Categories: Funding, vaamo

A German platform where users save and invest money towards their long term goals has brought on some funding of its own this week.

Vaamo announced yesterday it closed a $3.2 million (€2.5 million) Seed round. The investment was led by Route 66 Ventures, the same firm that furnished U.S.-based D3 Banking with $7 million last week. The remaining funds have come from business angels.

This round comes a year after its angel round of $635,000 (€500,000), which brings vaamo’s total funding to $3.8 million (€3 million).

According to vaamo co-founders Thomas Bloch, and Oliver Vins, the funding will be used to hire more talent, specifically for marketing, customer service, and engineering. It will also be used to bolster marketing efforts to improve customer acquisition.

Vaamo is opening to the public today after spending about four months in private beta. It currently has 250 customers saving real money on its goals-based platform. It is limited to German residents only, but vaamo has not excluded the possibility of expanding its usage across borders.

To learn more about vaamo, check out its live demo at FinovateEurope 2014.

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New Investment from Spark Capital Marks a $100 Million Year for Wealthfront

By David Penn Posted on October 28, 2014
Categories: Wealthfront

Nothing says “the future’s so bright you gotta wear shades” like earning $100 million in investment capital in less than a year.

Following up on a $35 million dollar round in April, the investment of $64 million just announced by Wealthfront this week puts its total capital at $130 million. With this investment, the company is now worth $700 million, making it one of the more richly valued innovators in the so-called “robo-advisor” space.

New investor Spark Capital Growth led the funding round.

Writing at the Wealthfront blog, Nash is keeping his eye on prize: the $7 trillion in liquid assets Millennials are expected to control within the next half decade. He is also keeping his eye on Charles Schwab, hoping to do for the Millennial generation what Schwab did for baby boomers – only a whole lot faster. “It took Schwab six years to reach its first $1 billion in client assets,” Nash writes, “It took Wealthfront less than 2.5 years.”

Schwab is likely on Wealthfront’s radar for another reason. TechCruch noted that Schwab has announced plans for its own robo-advisor service called “Intelligent Portfolios.” With competition in the space already intense, initiatives like this from legacy advisors will make the online investment management space that much more challenging for innovators.

Based in Palo Alto, California, and one of the oldest Finovate alums, Wealthfront demoed as “kaChing” at FinovateStartup 2009.

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Alumni News– October 28, 2014

By David Penn Posted on October 28, 2014
Categories: BillGuard, Check Point, CRIF, InComm, Malauzai Software, Moven, Narrative Science, Silanis Technology, Social Money

Silanis Technology launches eSignLive for Sharepoint.

CRIF announces acquisition of Dun & Bradstreet UAE in Dubai.

National Health Service website, NHS Choices, chooses Quill from Narrative Science.

Check Point Software announces availability of Check Point Capsule, a mobile solution that offers protection for business data and devices.

InComm partners with Groupo BB e Mapfre to enable consumers to purchase insurance from local vending machines and retailers in Brazil.

BillGuard now uses geolocation to detect credit card fraud.

H&R Block turns to Social Money to promote goal-based savings for Emerald Card customers.

Check out a spooky clip from Moven about paranormal spending activity.

Southern Bank Selects Malauzai Software for Mobile Banking to Ensure Bill Pay Integration, Provide Customers with PicturePay.

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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Alumni News– October 27, 2014

By David Penn Posted on October 27, 2014
Categories: Azimo, Encap, Expensify, Feedzai, FutureAdvisor, Nutmeg, PayNearMe, Prosper, SocietyOne, The Currency Cloud, Thinknum, TransferWise, Xignite, Zopa

Feedzai and Encap Security team up to combine behavioral profiling with device credentialing to build better security for banks and merchants.

CB Insights lists Nutmeg, TransferWise, The Currency Cloud, and Azimo among the 10 top fintech startups from the UK.

The Guardian Money section looks at peer-to-peer lender including Zopa.

TWiST (This Week in Startups) interviews FutureAdvisor Co-Founder and CEO Bo Lu.

Prosper reaches $2 billion, reaching the second billion dollars in just 6 months.

Payment processing solutions provider, Bill2Pay, partners with PayNearMe to digitize cash collections.

Expensify open sources Segmented Control widget.

The Australian Business Review features Matt Symons, SocietyOne co-founder.

Check out Finovate Debuts: Thinknum.

Wired features Bionym’s Nymiband.

EVO* Snap launches mPOS Solution Supporting Apple Pay and EMV Globally.

MedicalMine and Bluefin Partner for Integrated Patient Payments.

Check out our feature on Xignite: Inspiring the Future of Finance with Easy and Speedy APIs

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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D3 Banking Brings in $7 Million, with $3 Million More on the Way

By Julie Muhn (@julieschicktanz) Posted on October 24, 2014
Categories: D3 Banking, Funding

Here’s the math: D3 = Data Driven Digital Banking. The funding amount = $7 million.

Today, D3 Banking announced it raised $7 million in venture funding from Route 66 Ventures, a private investment firm focused on emerging financial services companies.

The Nebraska-based company reports that in the next 60 days, existing investors and a subordinate VC will contribute another $3 million, finalizing the round at $10 million.

The $10 million projected in this round, along with previous Angel investments of $6 million, will bring D3’s total funding to $16 million.

Since its launch in 2007, D3 Banking (formerly Lodo Software) has built a customer base of 225 institutions that use its digital financial management tools.

D3 expanded beyond financial management tools last year when it launched a comprehensive digital banking solution at FinovateSpring 2013. The first customer to roll out the new solution plans to go live with it in the next 30 days. Additionally, D3 is in talks with a number of other institutions who are interested in deploying the new solution. According to CEO Mark Vipond, now is the perfect time for the company to bring in its first round of Venture funding.

D3 will use the new capital to expand its sales and marketing team, invest in other product innovations, and deploy a SaaS-based solution for FIs that prefer on-premise deployment.

Check out D3 Banking’s video from FinovateSpring 2014 where it demonstrated the money movement tools added to the comprehensive solution it introduced last year.

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Fintech Fundings Top $310 Million the Week Ending October 23

By Jim Bruene Posted on October 24, 2014
Categories: Funding

We’ve only been tracking fundings on a weekly basis for 11 weeks. But I don’t think there have been many weeks in history, if any, that the money flowing to the fintech sector was bigger. A total of $314 million in equity investments went to 18 companies (in addition, 4 companies received undisclosed new investments). Even without Mozida’s massive $185 million, it was still a huge week.

There were 10 fundings greater than $7 million including two Finovate alums, Flint Mobile ($9.4 million) and D3 Banking, formerly Lodo Software ($7 million).

In order of magnitude, the deals from Oct 14 to Oct 20, 2014:

Mozida

White-labeled mobile payments & ecommerce solutions

Latest round: $185 million

Total raised: $308 million

Tags: Payments, mobile, ecommerce, marketing, shopping, enterprise, New York City

Source: Crunchbase

BitNet Technologies

Digital commerce platform

Latest round: $14.5 million

Total raised: $14.5 million

Tags: Bitcoin, cryptocurrencies, ecommerce, San Francisco, California

Source: Crunchbase

Tipalti

Cloud-based mass payment service
Latest round: $13 million

Total raised: $13 million

Tags: Payments, SMB, Agoura Hills, California

Source: Crunchbase

Credit Suppliers

Alt-financing for the construction industry

Latest round: $12.5 million

Total raised: $12.5 million

Tags: SMB, lending, credit, alt-finance, Scottsdale, Arizona

Source: Crunchbase

Orchard Platform

Platform to power P2P/direct lenders

Latest round: $12 million

Total raised: $17.4 million

Tags: P2P lending, crowdfunding, platform, direct lending, investing, New York City

Source: Crunchbase

Recurly

Subscription billing management services

Latest round: $12 million

Total raised: $19.6 million

Tags: Billpay, invoicing, payments, San Francisco, California

Source: Crunchbase

Payoff

Consumer debt management

Latest round: $12 million

Total raised: $24.8 million

Tags: Debt, lending, PFM, Cost Mesa, California

Source: FT Partners

Flint Mobile

Mobile and online payments

Latest round: $9.4 million

Total raised: $20.4 million

Tags: mPay, digital payments, Redwood City, California, Finovate alum

Source: Finovate

iCapital Network

Bringing private equity investing to smaller investors

Latest round: $9.3 million

Total raised: $9.3 million

Tags: Alt-finance, SMB, lending, credit, PE, investing, New York City

Source: Crunchbase

D3 Banking (formerly Lodo Software)

Digital banking & personal finance platform

Latest round: $7 million

Total raised: $12.1 million

Tags: PFM, online, mobile banking, Omaha, Nebraska, Finovate alum

Source: Finovate

Argyle Data

Fraud detection in financial services and ecommerce

Latest round: $4.5 million

Total raised: $4.5 million

Tags: Fraud, security, San Mateo, California

Source: FT Partners

Fortress Risk Management

Fraud detection technology for banks and credit unions

Latest round: $3.5 million

Total raised: $3.5 millon
Tags: Fraud, security, Wethersfield, Connecticut

Source: FT Partners

iDonate

Fundraising and payments platform

Latest round: $3.5 million

Total raised: $3.5 million

Tags: Payments, non-profits, fundraising, Dallas, Texas

Source: Crunchbase

Ffrees Family Finance

UK-based near-bank

Latest round: $3.2 million

Total raised: $6.4 million

Tags: Alt-banking, PFM, personal finance, UK

Source: Crunchbase

BlueOSS

Cloud billing provider

Latest round: $1 million

Total raised: $1 million

Tags: Billpay, payments, SMB, invoicing, Annapolis, Maryland

Source: Crunchbase

Capshare

Equity management platform

Latest round: $1 million

Total raised: $1 million

Tags: SMB, cap table, stock options, Sandy, Utah

Source: FT Partners

Nous

SparkProfit trading simulator

Latest round: $600,000

Total raised: $600,000

Tags: Investing, asset management, trading, data analytics, London, UK, Finovate alum

Source: Finovate

Misoca

Japanese cloud invoice management

Latest round: $650,000

T
otal raised: $1 million

Tags: SMB, accounting, billpay, payments, Japan

Source: Crunchbase

GoCoin

Bitcoin payment gateway

Latest round: Undisclosed

Total raised: $2.1 million

Tags: Cryptocurrenices, ecommerce, Singapore

Source: FT Partners

CityRaven

Real-estate marketplace

Latest round: Undisclosed

Total raised: Unkown

Tags: Homebuying, mortgage, New York City

Source: Crunchbase

Ripula

Ripple platform in London

Latest round: Undisclosed

Total raised: Unknown

Tags: Cryptocurrencies, London, UK

Source: Crunchbase

Yinker

Chinese personal finance site

Latest round: Undisclosed

Total raised: Unknown
Tags: PFM, personal finance, investing, Bejing, China

Source: Crunchbase

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Finovate Debuts: Thinknum

By Julie Muhn (@julieschicktanz) Posted on October 24, 2014
Categories: Thinknum

The Finovate Debuts series introduces new Finovate alums. Today’s feature is Thinknum, which demonstrated its collaboration and comparison tools for financial analysis.

Thinknum’s web-based software is targeted to financial analysts. The collaboration and cloud-computing tools help build better financial models. It seeks to revolutionize asset valuation and empowers analysts to turn complicated spreadsheets into in-depth analyses.

Stats

4,000 analysts on platform
$1 million raised
Product launched December 2013

The problem

To more accurately value stocks, sophisticated investors create financial models based on metrics such as company sales, website page views, and global events such as spikes in food prices. Often, analysts use simple spreadsheets which can be inefficient in managing complicated data.

Most financial models are shared by email, with different versions saved on various hard drives leading to lost content, mis-used models, and other confusion. Additionally, finding specific data points by sorting through spreadsheets is cumbersome.

Enter Thinknum.

The solution

Thinknum provides analysts with a platform to host their spreadsheet-based models. Users can either upload existing models from Excel or build them directly on the platform. Powerful search capabilities enable users to apply a single model to multiple companies, automatically aggregating company-specific information, such as earnings and revenue.

Additionally, Thinknum serves as a collaboration platform where 4,000 analysts from major banks and hedge funds across the globe can share and tweak each others’ models using different assumptions.

What sets Thinknum apart?

1) Computing power

With an overwhelming amount of data and hundreds of APIs created every day, it is impossible to capture all of the information needed for an accurate model. Even if it were possible, analysts would still lack the computing power needed to crunch the numbers in the model. Thinknum’s 50 computing nodes deliver results in seconds, pulling data from thousands of sources.

2) Crowdsourced insights

Similar to Github, Thinknum gives users visibility into the work of other analysts on the platform. This provides insight into how others value certain companies, and can lead to better financial models.

The example below shows how other analysts, listed along the bottom, value Google. The bubbles represent each person’s valuation based on their personal financial model.

From here, analysts can open the model, view its performance, or use the QuickBuilder feature.

With QuickBuilder (below), investors can test their models by simulating the effect of changes in inputs, such as company revenue and cost of goods sold, have on the overall stock price.

Thinknum’s capabilities extend beyond the QuickBuilder feature. It also provides graphs detailing data from over 2,000 sources such as home prices, construction spending, and the unemployment rate.

Check out Thinknum’s demo video at FinovateFall 2014.

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