A new partnership between Best of Show winner Voleo and Convergence Concepts will enable the Vancouver, British Columbia, Canada-based social investing platform to enhance its technology and improve the user experience on its iOS, Android, and online applications.
“This partnership will allow Voleo to focus on its core – growth and scalability in both the B2C and B2B partnerships,” said Voleo CEO Thomas Beattie. “We are hearing the feedback from our customers and we are delivering. Later this year there will be more features and developments introduced into the platform, a direct result of customer interaction.”
A major goal of the partnership is to achieve a unified codebase across all three platforms – iOS, Android, and online. This will make it easier for Voleo to introduce new features, as well as improve its ability to test new marketing and user journeys. Voleo anticipates this will help the company scale its current B2C customer base and provide support for more “nimble, robust integrations” with financial services companies, credit unions, and banks on the B2B side.
“Convergence is thrilled to become Voleo’s partner for product engineering and design, and it is a privilege to work with such a professional and experienced management team,” Convergence CEO Matthew Housser said. “We believe that the Voleo platform has huge potential in both the B2C and B2B fintech spaces, and we’re excited to help evolve and scale Voleo’s core platform and unique user experiences.”
Founded in 2015, Voleo demonstrated its social investing platform at FinovateFall 2017, winning Best of Show for its app that leverages the collective wisdom of investors to pursue higher returns in the market. Earlier this year, the company successfully completed the 2019 FIS Fintech Accelerator program in July, along with fellow Finovate alums Neener Analytics, Gremln Social, and Digital Onboarding.
Voleo also participated in Google’s Digital Strategy program over the summer in a bid to increase user acquisition. This spring, Voleo won the 2019 Best Stock Trading App award in the investment category of the FinTech Breakthrough Awards. In March, the company teamed up with Nasdaq to launch their second Student Equity Trading Competition.
Publicly traded on the TSX Venture Exchange under the ticker TRAD, Voleo has a market capitalization of $9 million.