How they describe themselves: DriveWealth’s vision is to be the global aggregator of retail investor accounts, offering partners and customers low cost access to the desired US equity markets over our full stack platform. Our brokerage as a service offering enables partners (foreign brokers, developers, and content providers) worldwide to easily integrate and offer US stocks, ADR’s and ETF’s. Our partners have several hundred million customers in the aggregate. DriveWealth has customers in over 135 countries since our commercial launch in August 2014.
How they describe their product/innovation: DriveWealth’s innovation is to offer “Brokerage as a Service.” By way of our full-technology stack and regulatory licenses, financial companies that currently offer investing in their local markets (i.e. India, China, Latin America, US) can now offer their clients the ability to trade US stocks in a low-cost, friction-free environment. We present to these partners embeddable HTML5 “widgets” for account opening, funding, compliance document upload and trading. Partners can use these multilingual plug/play widgets as well as industry standard APIs (RESTful and FIX) to easily add US stocks to their offering. We take care of all the “hard stuff” including trade execution, regulatory compliance, safety of funds, and clearing of trades.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev.: Michael Fitzgerald, Corporate Strategy, 973-816-2419
Press: Nicole Dugan, Strategic Marketing, 973-559-6754
Sales: Mark Smedley, Bus. Dev. & Partnerships, 973-532-5003
How they describe themselves: Dream Payments enables merchants to sell everywhere using mobile devices. Dream’s cloud based payment platform combined with its mobile point of sale device allows merchants to accept credit and debit cards, access rich analytics and reports, and provide digital receipts to customers. Dream’s solutions are secure, EMV compliant, and accept Contactless and CHIP payment cards.
How they describe their product/innovation: Dream’s cloud based payment platform combined with its mobile point of sale device allows merchants to accept credit and debit cards, access rich analytics and reports, and provide digital receipts to customers. Dream’s solutions are secure, EMV compliant, and accept Contactless and CHIP payment cards. The solution includes a free mobile app, payment terminal and a comprehensive web-based merchant portal enabling merchants to view their account profile and all transactions and manage settlements and debits. The mobile point of sale solution easily integrates with third party applications extending the breadth and depth of the solution and leverage existing technology investments.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Christian Ali, VP Bus. Dev., [email protected], 416-454-0490
Press: [email protected], 416-816-5251
How they describe themselves: DRAFT is a mobile investment analysis tool. Our mission: give our customers a new, real world benchmark based on crowdsourced data. Our target is mass-affluent millennials: tech-savvy investors who own between $100,000 and $1M in investable assets and whom are ignored by most financial advisers. DRAFT was founded by Brad Lawler, a former financial adviser, and Jason St. Peter, a 13-year sale and marketing veteran of the tech industry. Their twin expertise combined with a team of talented developers ensures that DRAFT is the perfect tool for a new generation of self-empowered investors.
How they describe their product/innovation: Draft is a crowdsourced investment analysis tool that changes the way people view, think and act when it comes to their long-term investment strategy. DRAFT connects directly to a user’s various bank and investment accounts to show them how the performance, asset allocation, and annual fees of their portfolio compares to that of top performers in their category. Through a simple side-by-side comparison, the user can quickly find opportunities to fill allocation gaps and lower fees. DRAFT makes it easy for users to switch to a better long-term strategy through its strategic online investment partners.
Product distribution strategy: Direct to Consumer (B2C)
Contacts:
Bus. Dev.: Brad Lawler, President, [email protected] 773-727-5439
Press: Jennifer Gooding, Prime PR, [email protected]
Sales: Jason St. Peter, CEO, [email protected], 512-658-4758
How they describe themselves: DoubleNet Pay is named for, and founded on, the principle that bills should be paid and savings funded before discretionary spending. By making this good habit automatic, anyone can see what their disposable income for each pay period – their DoubleNet Pay – really is.
At DoubleNet Pay, we believe that everyone should have a clear understanding of how much they have to spend until the next payday. That’s why we designed and built our innovative service: to help people reduce or eliminate financial emergencies caused by unexpected bills and “too much month left at the end of the money.”
How they describe their product/innovation: DoubleNet Pay’s easy to use software automatically tracks employees’ bill amounts and due dates and seamlessly schedules payments around their paycheck cycles, leaving employees with an exact amount for discretionary spending – without the headaches or guesswork. It also automatically sets aside money for savings, helping employees prepare for unexpected expenses and budget for recurring needs. Plus, it takes the stress out of managing day-to-day finances and gives employees peace of mind that their bills are paid on time. The remaining pay will go where it has always gone before (bank account, pay card, or paper check) on time, directly from the employer.
Contacts:
Press: Robin Schoen, [email protected]
How they describe themselves: Dealstruck is a technology-driven direct lender offering lines of credit and term loans to small businesses (generally the mid-prime market). Its mission is to deliver appropriate financing solutions that meet the true needs of small businesses across their financing lifecycle, putting them on a path to bankability. Dealstruck also offers a revenue-secured loan option, asset-based line of credit and inventory line of credit.
How they describe their product/innovation: Dealstruck is debuted its new Line of Credit Borrower Portal, which allows its borrowers to seamlessly manage their revolving with Dealstruck. Borrowers can see their current balance and amount available for draw, update their borrowing base by linking their QuickBooks-based invoices, reconcile check payments that have been received to pay down the outstanding balance, and make other adjustments to their accounts.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: Candace Klein, Chief Strategy Officer, [email protected], (o) 858-430-8301, (m) 859-803-9499
Press: Sierra Dowling, H3O Communications, [email protected], 415-882-8822
Sales: Ryan Campbell, VP Sales, [email protected], 619-456-0007
How they describe themselves: DarcMatter is an online investment platform providing transparent, institutional-level access to alternative investments in venture capital, private equity, hedge funds, and commercial debt products. Traditionally, alternative investment opportunities have been difficult to source without committing large amounts of capital or having direct connections to the issuer. DarcMatter addresses the challenges of investing in today’s marketplace by empowering investors to source from a broad universe of pre-screened opportunities with reduced minimums. Private issuers are able to tap into a new source of liquidity represented by family offices, wealth managers, and individual investors.
How they describe their product/innovation: DarcMatter is an investment platform that answers an increasing appetite for alternatives by providing visibility into an otherwise opaque marketplace. DarcMatter provides private issuers comprehensive transactional technology and distribution channels to enhance exposure to a greater number of investors. The platform also features a seamless and compliant engine to receive investments, securely store and disseminate information, and manage the flow of funds. The platform’s unique model enhances investor buying power by lowering the buying minimums of select opportunities while considerably streamlining capital raising logistics for private issuers.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Contacts:
Bus. Dev.: James Suh, Bus. Dev., [email protected]
Press: Grace Kim, Brand Director, [email protected]
How they describe themselves: Powering Global Payments. We make moving money around the world easy with our Payment Engine. Develop your product with our APIs to reach new customers, benefit from real time wholesale rates and a fast, secure payment network.
We work with banks and payment companies to automate the payment lifecycle, from receipt of funds through to conversion and payment. Our Payment Engine is straightforward to integrate and offers the flexibility to deliver a tailored customer experience. Currency Cloud is headquartered in the UK with offices in New York and is regulated by the Financial Conduct Authority as an eMoney Institution.
How they describe their product/innovation: Currency Cloud Payment Engine is built by developers, with developers in mind. By building a sophisticated Payment Engine we have taken the complexity out of international payments both for our Clients – who are developing game-changing services on top of the Payment Engine – and for our clients’ customers.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Meridith Skodnik, Director Bus. Dev., [email protected] &
Dov Marmor, Director Bus. Dev., [email protected]
Press: Cara Morgan, HotwirePR, (o) 6460790-4749, (m) 713-829-1794
How they describe themselves: Our solutions bring the “one-click” convenience and mobility consumers have come to expect to the banking world, helping lenders maximize the value and profitability of existing customer relationships. Our cplXpress product suite is integrated with leading online and mobile banking platforms, and additional strategic partnerships allow us to offer turn-key access to a powerful, omnichannel consumer lending strategy that we call Comprehensive Prescreened Lending (CPL). CPL’s “click to accept” technology has proven to cut costs, increase sales volume, and enhance customer experience and satisfaction. These pioneering technologies are at the forefront of the transition to a new era of data-driven, on-demand lending and borrowing.
How they describe their product/innovation: Our cplXpress platform allows lending institutions to empower their customers with perpetual loan approval across multiple product lines. This unique and timely solution grants consumers ongoing insight into their personal buying power,and immediate access to preapproved loan offers at every touchpoint. No loan application necessary. Our advanced risk assessment and pricing engine generates a highly personalized and targeted menu of offers based on each individual’s unique financial profile, then communicates these offers within the institution’s online banking, mobile banking, branch, call center, direct mail, and email channels. We demoed a selection of new online and mobile interfaces, and unveiled our latest mobile document delivery, e-signature, and point-of-sale lending capabilities.
Product distribution strategy: Direct to Business (B2B), licensed, white-label
Contacts:
Bus. Dev. & Sales: Dave Buerger, President & CEO, [email protected], 877-509-2089 x101
Press: Roxanne Alaniz, Alaniz Marketing, [email protected], 415-892-5252
How they describe themselves: Corezoid is a cloud operating system for building and changing business processes.
How they describe their product/innovation: Two classes of problems exist in software development:
1) Customer problems: it’s too long, it’s too expensive, lack of flexibility, high cost of updates, dependence on the developer, succession/inheritance
2) Developer problems: modern programming paradigm means programming with implicit selection of statuses resulting in a lot of inherent technical problems, it’s too long, succession/inheritance
Corezoid solves these problems by switching from writing the code to building the algorithm.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev.: Maria Gurina, Bus. Dev. Manager, [email protected]
Press: Egor Avetisov, Creative Director, [email protected]
How they describe themselves: Context Relevant is using distributed compute and automated exploration technologies to deliver a powerful, scalable Advanced Analytics Platform to Wall Street and F-500 companies. From fraud detection, risk exposure and trading algorithms, to automated hedge calculation, Context Relevant’s automated predictive analytics technology is solving previously unsolvable problems and bringing transparency and stability to global financial markets.
How they describe their product/innovation: Context Relevant’s automated predictive analytics technology is the only system with sufficient scale, compute and automation to analyze petabytes of structured and unstructured data in real-time – incorporating findings back into its modeling process automatically. These adaptive learning-systems’ ability to make sense of seemingly unrelated data, at scale and real-time, is redefining industries from finance to aeronautics.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev & Sales: Jeff Feinstein, VP Strategic Development, [email protected], 206-369-2380
Press: Bethanie Maples Krogstad, Head of Marketing, [email protected], 707-766-4192
How they describe themselves: Cloud Lending Solutions is the only end-to-end lending solution built natively on Salesforce.com. The company’s SaaS applications include origination, underwriting, servicing, collections and reporting. The company recently introduced CL Marketplace, an application for marketplace lenders. Cloud Lending is on a mission to help financial institutions that provide access to alternate financing for millions of unbanked and under banked people across the globe, to leverage the power of cloud, social, mobile, and analytics.
How they describe their product/innovation: Imagine Lending Club, Prosper, and other leading online lenders exchanging consumer or business loan applications within a global exchange. This CL Exchange is where business and consumer loan applications are exchanged among participating online marketplaces and lenders so that they can source the best possible loans for each company’s portfolio.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev. & Sales: James Donatell, Chief Sales Officer, [email protected], 415-205-7438
Press: Anna Vaverka, Acct. Supervisor, MSLGROUP, [email protected], 415-817-2510
How they describe themselves: CBW Bank is a community bank that despite its size and rural location is driving innovation in payments. CBW Bank’s objectives include maintaining a retail presence in Weir to meet the banking needs of the community with deposit and loan products. The bank is focused on growing its fee-based wholesale payment services business line and launching next generation banking products to better serve its existing, and future customers.
How they describe their product/innovation: CBW Bank launched a new payment tool, ONE Card, to provide its customers access to a safe and convenient alternative to traditional bank accounts. Developed by Yantra Financial Technologies, the solution gives banks, program managers, and corporate clients access to a powerful and flexible platform, designed to support a wide range of product categories including, direct deposit, money transfers, and payroll.
ONE Card account holders have access to all of the features and functionality of a traditional bank account. However, one key differentiator is that ONE Card does not require a credit check for approval, and users are able to send money to anyone in the United States, and soon internationally.
Contacts:
Bus. Dev.: Randy San Nicolas, Head of Prepaid Solutions, Yantra Technologies, [email protected]
Press: Anna Stanley, Account Supervisor, William Mills Agency, [email protected], 678-781-3072
