Out of the eight fintech startups slated to demonstrate their technologies at Yodlee’s Ynext Incubator Demo Day next week, three are Finovate alums.
DRAFT, Fidor US, and Roostify will join five other fintech colleagues at the Ynext Demo Day event on 27 May 2015 at the JCC in Palo Alto, California. As part of their participation in the program, each company gained free access to Yodlee Interactive’s API interfaces for a year, as well as six months’ worth of mentoring, support, and guidance in areas like capital-raising and product development.
DRAFT made its Finovate debut earlier this month at FinovateSpring 2015 in San Jose. The company’s mobile investment-analysis technology is targeted toward mass affluent millennials, and leverages crowdsourced data to help them make better financial and investment decisions.
Roostify demonstrated its technology at FinovateSpring 2014. The company’s solution helps lenders process loans faster while reducing risk and “demystifying” the home mortgage process for buyers.
Fidor US is a branch of the innovative, tech-savvy German bank, Fidor Bank, and represents the company’s strategy to bring its “branchless banking platform” to the United States. Fidor Bank demoed at FinovateEurope 2011 in London.
Yodlee is a long-time Finovate and FinDEVr alum, and multiple Best of Show award-winner. The company’s last appearance on stage was at FinovateSpring 2015.