Nashville, Tenn., March 5, 2015 — iQuantifi, a virtual financial advisor that enables banks and other financial institutions to provide automated, personalized and comprehensive financial advice, today announced it was voted Best in Show at the Bank Innovation 2015 DEMOvation Challenge and was also selected to participate in Plug and Play’s FinTech Accelerator program.
Bank Innovation 2015 showcased innovations in the financial services space from fintech companies that are changing the way institutions and customers manage and interact with their finances. iQuantifi’s goal-based approach to managing finances resonated with the audience of banking professionals, who voted iQuantifi Best in Show.
iQuantifi has also been selected from more than 850 start-up applicants to participate in Plug and Play’s three month FinTech Accelerator. Plug and Play’s partners include Citi Ventures, USAA, Capital One, Intuit, and JCB. The program is designed to enable high-tech startups to foster business development, fundraising and other strategic partnership opportunities.
“We are thrilled to be honored by both Bank Innovation and Plug and Play,” said Tom White, CEO and Founder of iQuantifi. “The recognition our platform received illustrates the vast opportunity for financial institutions to reach existing and new customers by offering goal-based financial planning services. We will use this opportunity to expand our strategic partnerships with banks, credit unions and other financial institutions that want to provide comprehensive advice to all of their customers.”
“After reviewing 850+ FinTech startups from around the world, we’re incredibly excited to have selected iQuantifi as one of the top 30 in our program,” said Scott Robinson, Plug and Play FinTech Founder and Director. “Education is a huge need in the industry and iQuantifi provides a financial advising solution that reaches millennials – the demographic that needs it the most.”
Based in Sunnyvale, CA, selected startups will be exposed to Plug and Play’s extensive network of corporate, technology and investment partners as well as mentors and advisors. Participants also attend the Plug and Play FinTech and Retail EXPO on May 21, which will feature Lending Club’s Founder & CEO, Renaud Laplanche as Keynote. Register or learn more via http://bit.ly/1EKltC6.
iQuantifi is a virtual financial advisor that enables banks and other financial institutions to provide automated, personalized and comprehensive financial advice to millennials and young families. The platform’s proprietary algorithmic engine provides each user with the comprehensive and personalized advice they need to identify, prioritize and achieve their financial goals. iQuantifi is dynamic and adapts to a user’s changing financial situation, in real-time. The firm was founded by Tom and Karen White and is headquartered in Nashville, Tennessee. To learn more, visit www.iquantifi.com.
About Plug and Play FinTech Accelerator
Plug and Play FinTech provides funding, mentorship and acceleration to startups and first-time entrepreneurs to help them bring to market the next disruptive solution for the growing worldwide economy. Our global network of mentors and advisors help startups further their product development and prepare them to present to Silicon Valley’s top investors. Learn more here: http://plugandplayaccelerator.com/fintech