ScratchWorks, a fintech accelerator that connects tech startups with wealth management leaders to advance the digital transformation of the financial services industry, announced on Thursday the finalists for its fintech competition. The three finalists will pitch their respective companies to the ScratchWorks founders during a live event at Barron’s Top Independent Advisors Summit. The accelerator revealed:
“Last October, ScratchWorks began accepting applications for FinTech companies seeking seed funding or early stage investments – the first FinTech accelerator of its kind in the wealth management industry. Three of those companies were invited to take the stage during today’s event at the Barron’s Summit and showcase their innovative technologies in front of a live audience. These finalists have the opportunity to receive funding offers on the spot, in addition to receiving exposure to top individuals and organizations in the financial services industry.”
The finalists participating in the ScratchWorks event are:
- Snappy Kraken: A platform that combines and automates marketing, workflows, and operations.
- Investment POD: A multi-strategy robo advisor offering automation that delivers both asset and strategy diversification.
- CircleBlack, Inc.: A mobile personal wealth management technology that can act as a “central hub” for advisors.
ScratchWorks claims to be founded by five leaders of top wealth management and investment firms across the country. It is sponsored by Fidelity Clearing & Custody Solutions, eMoney Advisor, the University of Colorado (CU) Leeds School of Business, and Barron’s.