Members of SizeUp attended and spoke at Silicon Valley Fintech Week. SizeUp’s Founder spoke on the panel “Are Banks Becoming Tech Companies or Tech Companies Becoming Banks?” SizeUp also presented on the first day of the conference’s Fintech demos.
SizeUp is #4 on the list of The Hottest Bay Area Fintech Startups to Keep Your Eye On. The article lists the top Fintech Investors including 1. Marc Andreessen (Andreessen and Horowitz) 2. Ben Horowitz (Andreessen and Horowitz) 3. Jeff Clavier (SoftTech VC), 4. Marissa Mayer (Yahoo), 5. Paul Graham (Y Combinator), 6. David Lee (SV Angel), 7. Jason Calacanis (Open Angel Forum), 8. Max Levchin (Affirm), 9. Paul Buchheit (Y Combinator), 10. Benjamin Ling (Khosla Ventures), 11. Kevin Rose (Google Ventures), 12. Dave McClure (500 Startups), 13. Dave Morin (Slow Ventures), 14. Matt Mullenweg (WordPress/Automattic), 15. Keith Rabois (Khosla Ventures), 16. Chris Sacca (Lowercase Capital), 17. Aydin Senkut (Felicis Ventures), 18. Aileen Lee (Broadway Angels), 19. Ron Conway (Angel Investors), and 20. Joshua Schachter (Tasty Labs).
The article describes the abundance of inventive organizations that can be found in San Francisco and that “In the midst of rumors about the looming fate and misery of the startup environment, there’s a lot of awesome new companies out there still ready to change the world.” The list of “the 20 sultriest new businesses in San Francisco” was assembled from discussions “with financial specialists, representatives, columnists, and active individuals from the city’s entrepreneurship scene to this rundown of new businesses to watch in 2016.”
The Hottest Bay Area Fintech Startups to Keep Your Eye On include 1. Sighted, 2. Plaid, 3. Gusto, 4. SizeUp, 5. Cashflower, 6. Trizic, Inc, 7. Even, 8. Comparably, 9. Truebill, 10. Funding Circle, 11. SoFi, 12. Trulioo, 13. Zenefits, 14. Due, 15. Acorns, 16. Zuora, 17. Wealthfront, 18. Navdy, 19. Final, and 20. Tipalti. According to the article, SizeUp “helps banks engage independent clients and make informed, lucrative choices through enormous data information. The company helps determine what percent of businesses you are outperforming in your industry, and see if your score places you in the top or bottom for revenue, size, salaries, and more. It also gives brilliant information about where your company’s clients are located, and where you should advertise.”
Deborah Bianucci, President and CEO of BAI presented four worldwide innovation trends in her talk “Small Business Banking Innovation from Around the Globe” at the American Banker Small Business Banking Conference. Model implementations of these trends were discussed and include:
1. Improving and Speeding Up Access to Financing (DenizBank.com, Nusenda.org)
2. Streamline Payments (ideaBank.pl)
3. Use Analytics with Advice (SizeUp.com)
4. Uniquely Serve a Niche (Wesbank.co.za and Uber.com, intesaSanpaolo.com, TEB.com.tr)
According to the American Banker Small Business Banking Conference, “…because innovation for the small business segment is so important to competitive differentiation, there is an increased emphasis on innovating for small business. Some of the most progressive innovation is happening outside the U.S. by banks that are taking different approaches to serving small businesses.”
BAI empowers financial services leaders to make smart business decisions that drive positive change and move the industry forward. For more research from BAI, please visit BAI.org.
SizeUp was invited by Money 20/20 to participate in the conference startup pavilion. SizeUp team members met with numerous conference attendees to discuss opportunities to bring SizeUp’s services to new customers and partners. Money 20/20 is one of the largest gatherings of financial services professionals focused on technology and innovation with over 9,000 attendees.
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.