LikeFolio Begins Licensing Brand-Mapping Database

LikeFolio Begins Licensing Brand-Mapping Database

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Likefolio, a website that uses social media connections to introduce investing concepts, recently began licensing its Brand Mapping Database. The database, which maps every publicly-owned brand and product, is aimed to help investors and financial research firms discover new insights.

The Brand Mapping Database is more powerful than ticker symbol searches since it analyzes unstructured content, such as positive and negative sentiment on Twitter. The database can also pull data from sites such as Reddit, Facebook and LexisNexis. As Likefolio founder Andy Swan describes it, the Brand Mapping Database informs investors “what consumers are doing on Main Street before it hits Wall Street.”

The licensed version of the Brand Mapping Database will deliver insights into firms’ existing data feeds and will be available to institutional investors, hedge funds, and quant analysts. Additionally, the company is working on deals with a few undisclosed financial app companies.

Swan debuted the LikeFolio platform along with TD Ameritrade’s Managing Director of Active Trading, Nicole Sherrod, at FinovateSpring 2014. Since then, the company took home a win at the Benzinga Fintech Awards and analyzed stocks based on the social buzz around brands’ 2017 Super Bowl commercials.

Finovate Alumni News

On Finovate.com

  • LendUp Lands $100 Million Credit Facility.
  • LikeFolio Begins Licensing Brand-Mapping Database.
  • Euronext Invests $10 Million in Algomi; Expands Joint Venture Agreement.

Around the web

  • Yoyo hires former PayPal GM Simon Moran as first VP of Commercial.
  • Fiserv expands its Florida contact and servicing center by 22%.
  • Trustly partners with UATP to enable online bank payments for airfare.
  • NICE extends real-time authentication across all voice channels.
  • The Asian Review covers Ayondo’s upcoming listing on the Singapore Exchange.
  • Signifyd wins Finance Monthly’s 2017 Fintech Award for Fraud.

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.

Finovate Alumni News

On Finovate.com

  • GBG Group Agrees to Acquire IDScan Biometrics
  • Check out this week’s FinDEVr APIntelligence.
  • Kreditech Launches Online POS Financing Solution
  • Fenergo Adds Enhanced Rules, Remediation to its CRS Compliance Solution
  • From CEO to Deputy Mayor, Xendpay’s Rajesh Agrawal Heads to City Hall

Around the web

  • The Paypers interviews ACI Worldwide’s Craig Saks, group president of strategic products.
  • The Media Line’s column on CyberWeek 2016 at Tel Aviv University features ThetaRay.
  • PYMNTS.com chats with Jeff Hampton, TSYS director of product marketing.
  • Greg Smith, Blooom president; Aaron David Bauer, Envestnet Executive MD; and Andy Swan of LikeFolio earn spots on Investment News’ 40 Under 40 list.
  • Matt Fellowes resigns as chief innovation officer at Morningstar—which bought HelloWallet in 2014—to build retirement software.
  • ID Analytics secures patent for systematic detection of fraud rings.
  • Fenergo enhances CRS compliance solution with enhanced rules and remediation.

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.

Finovate Alumni News

On Finovate.com

  • Feedzai Announces More than $17 Million in New Funding
  • Friction is Good: Social Network for Credit Innovator, Vouch Raises $6 Million

Around the web

  • Financial Guard launches its enhanced, fee-transparency service.
  • defi SOLUTIONS acquires OpenRule Systems APM.
  • Benzinga interviews Andy Swan, LikeFolio co-founder.
  • Wizzio by Novabase featured at IBM World of Watson event.
  • CNBC talks about P2P currency transfer with TransferWise CEO Kristo Kaarmann.
  • Motif Investing earns spot on CNBC’s Disruptor list.
  • Xero ranked #1 Forbes Most Innovative Growth Company 2015.
  • Lending Club receives Entrepreneurial Company of the Year Award from Harvard Business School Association of Northern California.
  • Xero scoops Company of the Year at annual Hi-Tech Awards.
  • Payments Source looks at how Taulia speeds up payments for businesses.
  • Google drops cloud computing prices by up to 30%.

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.

HedgeCoVest Takes Top Honors at 2015 Benzinga Fintech Awards

HedgeCoVest Takes Top Honors at 2015 Benzinga Fintech Awards

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The votes are in! HedgeCoVest is the winner of the Overall category at the 2015 Benzinga Fintech Awards.

HedgeCoVest earned its first-place award at the Benzinga Fintech Awards Gala Event held earlier this month in New York City. The company picked up 5 million ad impressions and a one-year license to the Benzinga Pro Real-Time News & Data feed. Second- and third-place prizes were also awarded.

In attendance at the event were more than 50 CEOs, more than 100 fintech companies, about 20 venture capital firms, 10 major U.S. retail brokerages, and four fintech accelerators, as well as a host of press and media.

HedgeCoVest also performed well in individual categories, winning the Alternative Investment category, and earning runner-up recognition in the Most Disruptive category. Finovate alums taking home individual awards are listed below. See a full list of all winners, runners-up, and finalists.

Betterment: winner: Robo Advisor Tools, Founder of the Year (Jon Stein); runner-up: “A Penny Saved, A Penny Earned”

iBillionaire: finalist: Idea Generation Creating Proprietary Data

iQuantifi: finalist: Robo Advisor Tools, “A Penny Saved, A Penny Earned,” Idea Generation Strategy

LikeFolio: winner: Idea Generation Research Platforms & Tools

Market Prophit: runner-up: Idea Generation Creating Proprietary Data

Motif Investing: winner: Most Disruptive; finalist: Founder of the Year (Hardeep Walia), Alternative Investment

Personal Capital: runner-up: Idea Generation Strategy; finalist: “A Penny Saved, A Penny Earned”

Thinknum: finalist: Best Use of the Crowd, Most Promising Startup

TipRanks: winner: Idea Generation Trade Recommendations

Trunomi:. finalist: Best Enterprise Solution

Benzinga Unveils Fintech Award Finalists; 12 Finovate Alums Featured

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On April 8th, the Finovate blog might be the second best place to find Finovate alumni.

The best place could actually be in New York at the Benzinga Fintech Awards where a dozen Finovate alums have been named as finalists to compete for Benzinga’s first, second, and third prizes, as well as honors for best in category. More than 115 companies competed to reach the finals in pursuit of the title of “Most Innovative Fintech Company.”

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The first, second, and third place winners will earn ad impressions:
5 million for first, 1.5 milion for second, and 1 million for third.
The top three companies will also win licenses to the Benzinga Pro Real-Time News & Data Feed:
1-year for first place, 6-months for second, and 1-month for third.
The initial 115 companies were chosen by Benzinga readers. Making the final vote for top three will be event judges Steve Ehrlich, CEO of Honos Financial; Ron Insana, senior analyst, CNBC; Andrew Ackerman, managing director, Dreamit; Charlie Kroll, former CEO and founder of Andera; and Josh Brown, CEO of Ritholtz Wealth Management.
Below are the finalist categories, as well as the Finovate alums in each.
Idea Generation
Data
Trade Recommendation
Research
Strategy
Investment Vehicle
Alternative Investment
Special Categories
Best Enterprise Solutions
Best Use of the Crowd
Founder of the Year
  • Hardeep Walia, Motif Investing
  • Jon Stein, Betterment
Most Promising Startup
  • Thinknum
A Penny Saved, A Penny Earned
  • Motif Investing
  • Betterment
  • Personal Capital
  • iQuantifi
Most Disruptive
  • Motif Investing
  • HedgeCoVest

Alumni News—February 17, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTop Image Systems partners with Hanse Orga to offer capture-enabled accounts receivable payment processing for SAP & ERP.
  • QuantConnect LEAN Engine now 100% open source.
  • JetPay to support WePay’s launch in Canada.
  • LifePay acquires iboxPro, expands into Asian markets.
  • Fast Company names Motif, Likefolio, Fidor Bank, LendUp, Blooom, and LearnVest in the top innovative companies of 2015 in personal finance.
  • PluraVida selects Dwolla to process transactions between media suppliers and buyers.
  • CNBC interviews CEO Michael Carter, BizEquity, on its business-valuation service.
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.

Alumni News– January 19, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgWordline extends partnership with Kalixa.
  • Misys signs deal with fixed income data and cash flow model specialist, Intex.
  • defiSolutions unveils ESSENTIAL LOS automated application processing solution.
  • Benzinga looks at how LikeFolio helps investors spot trends in stocks.
  • Engineering and Technology Magazine features biometric authenticators EyeVerify, Bionym, and BioCatch.
  • Wipit Named Winner in Ninth Annual Paybefore Awards.
  • Banking Tech features how RBS subsidiary, Ulster Bank, is holding a hackathon with Open Bank Project.
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.

Alumni News– January 14, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgPayPal Here to provide Windows support, previews EMV card reader.
  • App Annie raises $55 million in Series D round.
  • Andy Swan of LikeFolio quoted in Yahoo! Finance’s look at Amazon and Walmart.
  • Crowdfund Insider profiles Patch of Land.
  • Insurance Brokers Association of Ontario (IBAO) partners with Silanis to offer e-SignLive to its members.
  • WePay CEO Bill Clerico writes about the relationship between Bitcoin, ApplePay, and mobile payments in 2015.
  • Check out FinovateEurope 2015 Sneak Peek: Part 1.
  • Xero opens Payroll solution to SMBs in California, Florida, and Texas. Plans to be in all 50 states by end of 2015.
  • ShopKeep Pocket app launches with real-time reporting features.
  • Kreditech Acquires Kontomierz for “Seven Digit Amount”.
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.

Finovate Alumni News– May 14, 2014

  • Finovate-F-Logo.jpgTIO Networks partners with New Jersey’s Public Service Electric and Gas Company to set up bill payment kiosks.
  • Pindrop Security and AGNITiO partner to protect call centers as they adapt to an increasingly mobile customer base.
  • Bolstr explains the basics of crowdfunding on NBC Chicago.
  • Loop Wallet app now available on Android.
  • Maps Credit Union chooses ACI Worldwide’s online banking platform.
  • Javelin Strategy takes a look at bill pay alternatives to Manilla, including Finovera.
  • BodeTree brings in $2 million in Series A round.
  • SavedPlus, LikeFolio, Wallaby, FutureAdvisor, Simple and Wealthfront earn spots on CNN Money’s list of the 15 best financial websites and apps.
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.

TD Ameritrade & LikeFolio Leverage Social Media to Generate – and Test – Investment Ideas

TD Ameritrade & LikeFolio Leverage Social Media to Generate – and Test – Investment Ideas
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This post is part of our live coverage of FinovateSpring 2014.

TD Ameritrade & LikeFolio are making their way to the stage next with a social media-oriented approach to investing for Gen Y.

“One of the most common principles of investing is ‘invest in what you know,’ whether it’s a security that you’ve researched extensively or a company or brand that you believe in. LikeFolio leverages the power of social media to help prospective investors understand not just what they know, but what their friends and connections in the social world know as well.
LikeFolio shows users the top five publicly traded companies their networks are talking about and what those companies do. It then translates that information into potential investment ideas by showing users how a portfolio of those five securities would have performed over a 12-month period after an initial investment of $10,000.
The design is clean, the functionality is easy to use and understand, the language is conversational and to the point, and the database is smart and robust with the ability to expose the ties of obscure product brands to publicly traded companies. The technology is patent pending and was designed by Gen Y with Gen Y – or other heavy users of social media – in mind, particularly those who are new to investing.
LikeFolio is not an investment advisor, and they do not transact trades. For users that wish to participate in the market, LifeFolio recommends TD Ameritrade as their brokerage of choice.”
Presenting: Andy Swan (Co-Founder, LikeFolio) and Nicole Sherrod (MD Active Trading, TD Ameritrade)

Product Launch: LikeFolio, August 2013
HQ: TD Ameritrade – Omaha, Nebraska; LikeFolio – Louisville, Kentucky
Founded: TD Ameritrade – 1975