Finsophy PBC

wealthtech-retailother investments platform

FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 09/07/2020

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About

We are a financial technology and services startup developing a platform for Quadruple Bottom Line (QBL) focused personal finance – capital growth, social impact, environmental sustainability, and development of the future. Our "Finance with a Mission" business model uses the principles of QBL along with our FinTech enabled platform to connect customers to a cause they care about while satisfying all of their banking needs. Our novel web and mobile Banking-As-A-Mission Platform architecture provides the means for aggregating retail banking customers with the creation and dissemination of QBL banking products and services while catalyzing impact in for-benefit-missions, including and not limited to: - Global Education - Renewable Energy & Resources - Green Tech & Sustainability - Economic Development of Space

MEDICI Analysis

Finsophy provides a web- and mobile-based financial services platform focused on personal finance such as capital growth, social impact, environmental sustainability, and development of the future.The platform helps to connects retail customers to a mission they care about while satisfying all of their financial needs.

Focus

PRODUCTS & SERVICES

Web- and mobile-based platform for retail investors

REVENUE MODEL

0.5% to 1% net interest from deposits we fascilitate into our partner banks

PRIMARY PROBLEM SOLVED

1. Aggregation of new banking customers (especially Millennials) and retention / loyalty of existing customers 2. Alternative financial products and services, especially for Millennials 3. Connecting retail financial services customers to Quadruple Bottom Line causes that would benefit from additional financial resources

INTELLECTUAL PROPERTY

Patent(s) FILED

People

BOARD MEMBERS AND ADVISORS

Jeff Matthews

Kaye Gagnon

Michael Griffin

Mathieu Goudot

Ron Epperson

Brian Brian Monbouquette

Holly Melear

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Christopher Reichelt

Stacked Capital

KEY EMPLOYEES:

CIO; Al Pizzica

COO; Anja Nakarada Pecujlic

Legal

Compliance; Jordan Stabile

Marketing M

COMMENT:

We have the right mixture of vision, passion, commitment,experience in technology, startups, finance,banking.

Momentum

FUNDED

YES

TOTAL FUNDING

$120 K

DATE OF LAST FUNDING

Jan 2017

SEED & PRIOR FUNDING

$120 K

LISTED

NO

For Investors

FUNDING NEEDED:

$600 K

USES OF FUNDS RAISED:

1. Product finalization

2. Bank integration

3. Legal

4. Marketing

EXIT STRATEGY

>10x M&A or IPO within 8 years

MONTHS LEFT WITH CURRENT CASH BURN RATE:

12 months from 10 Nov, 2016

COMPETITORS:

OpenInvest

Mighty Deposits

Aspiration

Innovation Programs

BASICS

FOUNDING YEAR:

2016

LOCATION:

United States

Views:

138 VISITORS | 238 VIEWS
LATEST FUNDING ROUND

$120 K

TOTAL EMPLOYEES
1-10

About

We are a financial technology and services startup developing a platform for Quadruple Bottom Line (QBL) focused personal finance – capital growth, social impact, environmental sustainability, and development of the future. Our "Finance with a Mission" business model uses the principles of QBL along with our FinTech enabled platform to connect customers to a cause they care about while satisfying all of their banking needs. Our novel web and mobile Banking-As-A-Mission Platform architecture provides the means for aggregating retail banking customers with the creation and dissemination of QBL banking products and services while catalyzing impact in for-benefit-missions, including and not limited to: - Global Education - Renewable Energy & Resources - Green Tech & Sustainability - Economic Development of Space

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Finsophy provides a web- and mobile-based financial services platform focused on personal finance such as capital growth, social impact, environmental sustainability, and development of the future.The platform helps to connects retail customers to a mission they care about while satisfying all of their financial needs.

Focus+
Momentum+
People+
For Investors+
Other+

Innovation Programs

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Finsophy PBC

About

We are a financial technology and services startup developing a platform for Quadruple Bottom Line (QBL) focused personal finance – capital growth, social impact, environmental sustainability, and development of the future. Our "Finance with a Mission" business model uses the principles of QBL along with our FinTech enabled platform to connect customers to a cause they care about while satisfying all of their banking needs. Our novel web and mobile Banking-As-A-Mission Platform architecture provides the means for aggregating retail banking customers with the creation and dissemination of QBL banking products and services while catalyzing impact in for-benefit-missions, including and not limited to: - Global Education - Renewable Energy & Resources - Green Tech & Sustainability - Economic Development of Space

Focus

PRODUCTS & SERVICES

Digital platform for personal-impact-banking products and services

REVENUE MODEL

0.5% to 1% net interest from deposits we fascilitate into our partner banks

TOP PROBLEM SOLVED

1. Aggregation of new banking customers (especially Millennials) and retention / loyalty of existing customers 2. Alternative financial products and services, especially for Millennials 3. Connecting retail financial services customers to Quadruple Bottom Line causes that would benefit from additional financial resources

PRODUCT DEVELOPMENT STAGE

PROTOTYPE

PRODUCT DEVELOPMENT COMMENT

We are currently developing an alpha platform and launching our beta in July 2017

KEY DIFFERENTIATORS

- Platform approach to mission/value driven banking products - Integrated FinTech and marketing driven platform - Banking with values

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small And Medium Business - Other

Consumer

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CMO: Mathieu Goudot

COO: Al Pizzica

employee: CIO; Al Pizzica

employee: COO; Anja Nakarada Pecujlic

employee: Legal and Compliance; Jordan Stabile

employee: Marketing M

TEAM COMMENT:

We have the right mixture of vision, passion, commitment,experience in technology, startups, finance,banking.

BOARD MEMBERS AND ADVISORS:

Jeff Matthews, Kaye Gagnon, Michael Griffin, Mathieu Goudot, Ron Epperson, Brian Brian Monbouquette, Holly Melear

INVESTORS:

Christopher Reichelt

Stacked Capital

Stacked Capital

Stacked Capital

Momentum

FUNDED

YES

LISTED

NO

FUNDING SERIES