FinovateFall 2023 / Bits of Stock
Presenter Profile:
How they describe themselves: Bits of Stock enables community financial institutions and credit unions to reward in fractional shares of stock. Our purpose is to empower you to engage and build loyalty with younger generations through stock ownership. Learn more about how our first-in-class and award winning Stock Rewards program differentiates and keeps you relevant to the next generation of investors.
How they describe their product/innovation: The Stock Rewards Checking Account rewards cardholders in the fractional stock of their choice on every swipe. Cardholders pick their favorite stocks to be rewarded in every time the spend with the brands they love, without leaving their digital banking experience. Get 1% back in SBUX on your next cup of coffee, UBER on your next ride, or any stock on your next purchase.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev. & Press: Courtney May (Product Marketer), courtney@bitsofstock.com, 512-638-3777
Website: bitsofstock.com
LinkedIn: linkedin.com/company/bitsofstock
Twitter: @bitsofstock
HQ: New York, NY, USA
Founded: 2018
Product Demoed: Growth Rewards Program
Raising Funding: Series A
Presenters: Arash Asady, CEO | Steve Bishop, COO, OMB Bank
- Key Executives
Arash Asady (CEO), Ryan Gary (CTO)
Key Stats
- Key Partners
Community Financial Institutions, Credit Unions, Fintechs, Loyalty
- Key Customers
Community Financial Institutions, Credit Unions, Fintechs, Loyalty