With three weeks remaining before Finovate NYC, the final company in the demo lineup is stepping out of stealth mode and announcing its participation in our second annual new-products conference. See the full list here.
Thrive will be launching its entry in the online personal finance marketplace, JustThrive.com, at Finovate on Oct. 14. The company hopes to differentiate itself with more advanced financial planning tools while still remaining free. Founder and CEO is Avi Karnani; Marc Matsumoto is CMO.
Currently, the service is in closed beta testing, but Thrive recently updated its homepage with a timely message playing off last week’s financial debacle (screenshot below).
We had a chance to meet with the NYC-based founders earlier this year and were impressed how they’d studied the current players and were aiming to leapfrog the competition. However, there’s been significant innovation in the space this year, and they enter a crowded field (more on that tomorrow).
At this point, I can’t say anything more specific about Thrive’s plans, but after it becomes publicly available we’ll be back with a full analysis.