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SizeUp Presents at SWIFT Innotribe Startup Challenge in New York

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Ten innovative FinTech companies, including SizeUp, presented their software solutions to an exclusive audience of financial service and global banking decision-makers at the SWIFT Innotribe Startup Challenge in New York City. The ten companies were selected by over 500 judges from across the financial, technology, and investment communities, including a number of SWIFT representatives. The judges evaluated 370 worldwide startups under consideration for participation in the global program. Winning the New York City Startup Challenge results in the FinTech startup being selected to present on the main stage at Sibos in Singapore in October. 

You can watch the SizeUp presentation here:

 

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Critical Fintech Innovation Trends in Banking

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The Financial Brand article, 3 Critical Fintech Innovation Trends in Banking, highlights the three powerful technology trends impacting banks and financial services: smart wearables, small businesses, and crowdfunding. According to the article, “innovators in financial services see huge untapped potential in the small business segment. However, meeting these needs may require banks to think beyond what they provide today.” SizeUp is identified as a fintech company addressing the important trend of serving small businesses and empowering financial institutions to better serve their business customers. In his analysis of SizeUp’s role in the small business fintech trend, author Stephen Ramirez explains “that many banks haven’t thought about how they can provide data and insights to their small business customers as a no-cost value added service.”

Real the full article here.

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10 Emerging Financial Technologies with a Tax-Angle includes SizeUp

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The About Money article 10 Emerging Financial Technology Apps with a Tax-Angle discusses new tech with an interesting tax angle. SizeUp is #1 on the list and the author explains that SizeUp “is a great tool for accountants and tax professionals to bookmark. We can use SizeUp to help our small business clients answer questions, how do I compare to similar businesses in my area? Or, which neighborhoods are have less competition? Or, which neighbors spend the most money on this particular industry?”

It further states that “SizeUp enables businesses to see how they compare to other businesses in the same industry. SizeUp does this by synthesizing on data from hundreds of sources to calculate metrics such as average revenues.”

You can read the full article at About Money.

 

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Credit Union Times on the Value of SizeUp’s Big Data to Small Business Customers

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The Credit Union Times article “Sizing Up Small Business Lending” discusses how credit unions are in an ideal position to benefit from SizeUp FI because they need scalable solutions to serve their small business customers. According to the article, “Solutions such as these are timely since credit union members will soon have greater access to capital to start or expand a small business, due to a joint initiative between the U.S. Small Business Administration (SBA) and the NCUA.”

The article further explains that “SizeUp FI is a new service that enables financial institutions to provide members and customers with valuable business intelligence directly through its own website. Using analytics and information gathered from hundreds of public and private information sources, the system analyzes whether a business’ projections are reasonable. The data also helps the financial institution create stronger partnerships with business customers and helps the businesses succeed.”

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Nerd Wallet Discusses Where Small Businesses Have an Ally that SizeUp Ranked #1

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SizeUp recognized the City of Fremont, California as the top city for tech startups per capita and Nerd Wallet has covered that ranking and the way that the city is focusing its attention on small business success through an official governmental ally. In the article, Where Small-Business Owners Have an Official Ally, Benjamin Pimentel discusses the value of a single point-of-contact, tech companies, and the qualities that make Fremont attractive to live and run a business.

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