This post is part of our live coverage of FinovateFall 2013.
Next up in our second session of the day is TipRanks. TipRanks was recognized among the “Best of Show” at FinovateSpring 2013 in San Francisco.
“TipRanks is an independent, cloud-based service that collects, sorts, and presents unbiased, comparative metrics about stock recommendations published online from financial experts. TipRanks categorizes this advice by a combination of two key factors: the ability of a recommendation to generate excess profit above the S&P 500, and the percentage of times recommendations outperform the S&P 500.“These metrics help communicate in real-time the accuracy and credibility of individuals providing such advice. It allows the individual investor to decide who to trust.”
Product Launch: April 2013
Metrics: $700,000 raised & 10 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, & licensed
HQ: Tel Aviv, Israel
Founded: June 2012
Website: tipranks.com
Twitter: @TipRanks
Presenting Gilad Gat (Co-Founder & CTO) and Tomer Turgeman (VP, Business Development)
The full demo video will be available at Finovate.com in mid-September