We not too long ago took a have a look at Finovate alums which have put monetary literacy on the high of their agendas. We additionally famous that our baker’s dozen of alums had greater than its share of Better of Present winners. Greater than half of these alums featured received high honors from our Finovate audiences at the least as soon as.
In the present day, as we close to the top of our Monetary Literacy Month commemoration, we’re highlighting these Better of Present profitable fintech innovators and the work they do in making monetary training obtainable to a broadening vary of communities.
Provo, Utah-based Banzai made its one-and-only Finovate look at FinovateFall 2018 in New York. On the occasion, the corporate received Better of Present for its providing that helps banks and credit score unions enhance buyer engagement and ROI whereas offering monetary training for his or her clients and members.
FamZoo demoed its know-how on the Finovate stage twice – in 2011 and once more in 2013 – profitable Better of Present on each events. Headquartered in Palo Alto, California and based in 2006, the two-time Better of Present winner presents a pay as you go card and monetary training for youths in a single household finance app.
Relating to monetary literacy, corporations like Horizn assist the monetary companies group assist itself. Making its Finovate debut in 2017, Horizn earned a pair of Better of Present awards in its two most up-to-date appearances in 2020 and 2021. The corporate presents a platform that helps monetary establishments speed up digital banking information, fluency, and adoption for each clients and workers. Headquartered in Toronto, Ontario, Canada, Horizn was based in 2011.
Not many corporations can boast of profitable a Finovate Better of Present award in two completely different many years, however Kasasa (previously generally known as BancVue) has performed that after which some. The monetary and advertising know-how supplier, based mostly in Austin, Texas, and based in 2004, received Better of Present in its Finovate debut in 2009. Practically ten years later, the corporate picked up its third Better of Present award at FinovateSpring in 2018 (Kasasa additionally received Better of Present in 2011 in San Francisco). Along with providing quite a lot of revolutionary fintech merchandise – similar to its “take-back mortgage” – Kasasa additionally launched an internet sport referred to as MoneyIsland that helps instruct children on the significance of sound cash administration.
Certainly one of two Better of Present profitable Canadian corporations with a dedication to monetary literacy, Ottawa, Ontario-based Launchfire received Better of Present at FinovateSpring 2019 in its second Finovate look. The corporate focuses on game-based worker and buyer engagement for monetary establishments. Most notably, Launchfire presents an worker engagement answer, Lemonade, that blends gamification with micro-learning, AI, and “surgical analytics” to teach monetary companies workers.
Lengthy Recreation is one among Finovate’s latest alums and one among our more moderen Better of Present winners, as nicely. The corporate, based in 2015 and based mostly in San Francisco, California, received Better of Present in its Finovate debut at FinovateFall 2021 final September. Lengthy Recreation presents a bank-branded cellular app that mixes the very best practices of prize-linked financial savings and cellular gaming to assist banks and credit score unions purchase new clients, improve buyer engagement, and enhance monetary literacy.
Incomes a Better of Present award in its Finovate debut at FinovateFall 2019, Zogo Finance leverages behavioral financial analysis developed at Duke College to assist enhance monetary literacy for younger individuals. The corporate’s app transforms difficult monetary ideas into smaller, easier-to-understand classes, and presents rewards and incentives to customers who full them. The corporate introduced 31 new monetary establishment partnerships in Q1 of 2022 alone, bringing its complete partnership tally to greater than 180 banks and credit score unions.
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