Wealthsimple
Wealthsimple provides long-term investment management opportunities online with traditional investment managers. Their services include automatic rebalancing, dividend reinvesting, and tax loss harvesting.
Financial Planning
Financial health, like physical health, is necessary to lead a happy and productive life. Financial health means that an individual’s daily financial system functions well, increases the likelihood of financial resilience in the face of ups and downs, and provides the capacity to seize opportunities that may lead to enhanced long-term financial security and upward mobility. A US Federal Reserve report published in May 2016 highlighted that nearly half the Americans adults are living in a continuous state of financial insecurity or financial distress. They are ill-prepared for a financial disruption and would struggle to cover emergency expenses should it arise. Many of these people are not low income or poor but middle class. These individuals may be financially included and but are not financially healthy.
MoneyLion
MoneyLion is a mobile finance platform that offers consumers products for borrowing, saving, and investing. Using analytics and machine learning-based technology, MoneyLion gives personalized advice and underwriting.
Ellevest
Ellevest is an investing and planning platform that redefines investing and personal finance for women with a practical, goals-based approach. Ellevest gives women the tools they need to take financial control through an investment plan that reflects real life.
GuiaBolso Brazil
It is a personal finance platform that connects consumers to financial products via an in-app marketplace. It uses bank account aggregation technology and offers free credit bureau reports to consumers. The company’s mission is to improve people’s well-being by providing them with complete information needed to make financial decisions.
Raisin Germany – Deposits Marketplace
Raisin is an online marketplace in Europe for deposits and enables customers to get a better deposit rates than an average bank. It works with banking partners from the EU/EEA. The specific problem that Raisin has set out to solve is that saving deposit rates differ from one local bank to another in a country and differ even more strikingly across Europe as a whole. The company’s marketplace, which is now open to customers in 30 countries, lets you shop around and compare different rates Europe-wide.
Credit Karma
Credit Karma is a personal finance company that helps consumers in the US monitor their credit and provides recommendations on loans and savings products.
CompareAsiaGroup
CompareAsiaGroup is personal finance management platform that provides consumers in Asia online comparative information about financial products including insurance, credit cards and personal loans.
BankBazaar India
BankBazaar is an online marketplace that gives consumers comparison on loans, credit cards or personal finance products such as insurance policies, bank loans and credit card offers
Basix, India
BASIX is a livelihood promotion institution that works with rural poor and urban slum dwellers in India to promote sustainable livelihoods by providing financial services and technical assistance in an integrated manner.
ActiveHours
Activehours is an app that lets users draw small amounts of their pay check before next payday. It doesn’t charge the users any fees or interest but they can “tip” the app an amount they deem fair.