Written by Lazy Man
This is a continuation of my Finovate Sprint 2011 Part 1, Finovate Sprint 2011 Part 2, and Finovate Spring 2011 Live Blog (Part 3)
Lendio - Matches lenders and people looking for business loans. The Digerati Life points out that this Lending Tree for business loans rather than mortgages.
oFlows - Aim is to eliminate paper in loan documents. oFlows Mobilize makes anywhere a point of sale.
ID Analytics - Identity theft software for companies and government organizations.
Fiserv - They weren't ready to present their innovation today. Fail.
Balance Financial - Interesting concept that allows people to automate their financial life. How does it work? It pairs people with a Personal Bookkeeper. This person is trained to use Balance's financial tools, which helps the company scale.
Lend Street Financial - Looks like a Lending Club or Prosper clone. It seems to allow people to buy existing debt from distressed debtors. Their goal seems to help these people out. However, I don't know why a lender would want to take on these debts with a high risk of default.
Backbase - Provides the back-end for financial institutions... encourages greater customer activity.
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