This post is part of our live coverage of FinovateSpring 2015.
The co-founders of Onovative are demonstrating Core iQ to help FIs make the most out of customer data:
Banks and credit unions have an abundance of customer data already present in their current software systems. The problem is, that data isn’t easily actionable or extractable when they want to use it to communicate with customers. Core iQ connects to those systems in a secure manner, behind the firewall, to enable automatic communication and cross-selling through email, SMS text, direct mail, and many other channels.
Core iQ presenters: Co-founders Michael Browning and Clay Turner
Product Launch: September 2014
Metrics: We have 6 employees and raised $400,000 in August of last year. Our financing round was completely filled within 20 days. Our founders have had successful exits in the past with other technology companies.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed.
HQ: Jeffersonville, Indiana
Founded: June 2013
Website: onovativebanking.com
Twitter: @onovative