A brand new partnership between the winner of the Better of Present Voleo and Convergence Ideas will enable the social funding platform based mostly in Vancouver, British Columbia, Canada, to enhance its know-how and enhance the person expertise on iOS, Android and and on-line purposes.
"This partnership will enable Voleo to give attention to its core enterprise – development and scalability in B2C and B2B partnerships," stated Thomas Beattie, CEO of Voleo. "We hear the feedback of our clients and ship. Later this 12 months, extra options and developments can be launched into the platform, a direct results of buyer interplay. "
One of many most important objectives of this partnership is to create a unified code base for all three platforms – iOS, Android and On-line. This can facilitate the introduction of recent options by Voleo, in addition to its potential to check new advertising paths and customers. Voleo expects this to assist the corporate broaden its present B2C buyer base and help extra "versatile and sturdy" integrations with monetary companies corporations, credit score unions and banks on the B2B facet.
"Convergence is happy to turn into Voleo's accomplice in engineering and product design. It’s a privilege to work with such an expert and skilled administration workforce, "stated Matthew Housser, CEO of Convergence. "We imagine that the Voleo platform has large potential in B2C and B2B fintech areas, and we’re excited to assist evolve and evolve Voleo's core platform and distinctive person experiences. "
Based in 2015, Voleo launched its social funding platform at FinovateFall 2017, profitable Better of Present for its utility that harnesses the collective knowledge of buyers to realize greater returns available in the market. Earlier this 12 months, the corporate efficiently accomplished the FIS 2019 FIS Accelerator Program in July, together with colleagues from Nikolai's Finecoate Neener Analytics Gremln Social and ].
In the course of the summer season, Voleo additionally participated in Google's digital technique program to extend the variety of customers. This spring, Voleo gained the 2019 prize for one of the best stock-trading app within the funding class of the FinTech Breakthrough Awards. In March, the corporate partnered with Nasdaq to launch its second scholar fairness buying and selling contest.
Traded on the TSX Enterprise Trade below the image TRAD, Voleo has a market capitalization of $ 9 million.