How they describe themselves: Voleo makes investing engaging and fun. The patent-pending platform enables people to build and manage investment clubs with those they know and trust, democratically managing these private portfolios in publicly traded securities. Voleo encourages millennial participation in the stock market which serves to increase market liquidity, create a better-educated generation of investors, and support greater overall financial literacy. We believe that lowering the cost and risk while providing a means to leverage the wisdom of crowds will lead to a better investment experience, and plan to white-label our technology for financial institutions around the world.
How they describe their product/innovation: The Voleo social trading app enables people to invest together to save money and time while leveraging their collective knowledge to chase higher returns. Beyond these tangible benefits, Voleo lowers all of the barriers to entry for novice investors: money, knowledge, time and fear. From our iOS, Android and Web apps, users propose, discuss and vote on trades which are executed automatically on majority. To make it even more engaging, each user’s decisions and hypothetical positions are tracked to create a Definitive Return On Investment Decisions (DROID) score, feeding a community where top performing clubs and individuals can be followed in real time. With the DROID score, users get insights from top performing investors in real time and validate them with their trusted peers.
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms, licensed
Bus. Dev.: Thomas Beattie, CEO, firstname.lastname@example.org, 604-780-6136