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Stockpile Gift Cards Enable Consumers to Give the Gift of Stock Ownership

Stockpile Gift Cards Enable Consumers to Give the Gift of Stock Ownership
stockpile_hi_res_FS2014

This post is part of our live coverage of FinovateSpring 2014.

Stockpile is our next presenter. The Palo Alto-based company is demoing its Stockpile Gift Cards.

“For the first time ever, people are able to give a Gift Card of Stock for birthdays, graduations, Bar Mitzvahs, Christmas, and other occasions. Pick a company and dollar amount (say $50 of Apple) and pay with your credit card. The recipient gets their stock by entering a claim code and either logging into their Stockpile account or signing up for one.”
Presenting: Avi Lele (CEO) and Dan Schatt (Chief Commercial Officer)

Product Launch: June 2014
Metrics: $2.8 million; 11 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: Palo Alto, California
Founded: December 2010
Website: stockpile.com