Change Labs

wealthtech (retail)personal finance management

FOUNDING YEAR: 2015
LOCATION: Israel
Last Update: 18/10/2019

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About

Change has developed an AI-powered virtual assistant tool that helps American millennials to improve their financial health by automating and optimizing their financials. It is a platform that allows users to links their bank accounts and credit cards to analyze transactions and identify financial patterns, make predictions and execute automated banking services. Recently, the company was selected by BBVA Open Talent AI program 2017.

Focus

PRODUCTS & SERVICES

AI based personal finance tool for individuals.

REVENUE MODEL

The company generates revenue by charging the one time fee for same day money transfer service provided by Auto-Savings services & Predictive Overdraft Protection.

MAIN CLIENTS

Retail consumers

EXISTING PARTNERSHIPS

Partnered with First Republic Bank to manage customer savings accounts.

COMMENT

Change offers Predictive Overdraft Protection service that can predict the risk of an upcoming overdraft and provide up to $200 of interest-free cash advance to minimize the risk of paying overdraft fees.

Traction

TRACTION COMMENT:

Change supports over 9,000 financial institutions in USA and Canada. It is used by over 15,000 clients who linked their bank accounts & credit cards to the service.

People

FOUNDERS

Assaf Priel

Yaniv Levi

Dmitri Chebotarev

BOARD MEMBERS AND ADVISORS

Eyal Winter

Jeff Fromm

Bruce Haymes

Esther Barak-Landes

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Nielsen Innovate

KEY EMPLOYEES:

Yaniv Levi (CEO); Dmitri Chebotarev (CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$800 K

DATE OF LAST FUNDING

Nov 2015

SEED & PRIOR FUNDING

$800 K

SEED CLOSED ON

Nov 2015

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

Israel

Views:

30 VISITORS | 47 VIEWS
LATEST FUNDING ROUND

$800 K

TOTAL EMPLOYEES
1-10

About

Change has developed an AI-powered virtual assistant tool that helps American millennials to improve their financial health by automating and optimizing their financials. It is a platform that allows users to links their bank accounts and credit cards to analyze transactions and identify financial patterns, make predictions and execute automated banking services. Recently, the company was selected by BBVA Open Talent AI program 2017.

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Focus+
Momentum+
Traction+
People+
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