Angel Rich of Credit Stacker

There’s a post on The Undefeated about Angel Rich, founder of the financial literacy app, Credit Stacker.

She wrote the book The History of the Black Dollar, published in April, in which she explains this phenomenon.

One way Credit Stacker helps youths is by opening their minds to understanding credit reports and the scoring system using gaming and simulation. It has been enhanced to help teachers in classrooms customize students’ experiences.

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Fimovate Day 2

Today I spoke with the founders of Credit Sesame, Impulse Save, Bolstr, Manilla, Tuition.io, Banno, Mortgage Harmony and eToro.

There are less personal financial management products than in previous years. I wish there were more small business/entrepreneur products that manage cash flow, do invoicing, and or profit/loss optimization. Bolstr looks like a killer app for small business crowdfunding.

Finovera

Finovera is a dashboard for personal finance. In particular, Finovera aggregates bills and facilitate on time bill payment. It sounds like an upgraded Manila, or a Tripit for bills. It also provides a way for users to store photos of important documents like passports and birth certificates which is something you can do with Evernote. I like the goal of Finovera but it seems that having too many capabilities can be overwhelming to users especially in the personal finance management space. The opposite is true when it comes to small business accounting/financial. The more functions that are available to a busy entrepreneurs in one solution, the better.

PreCash Presents Flip Money

Today at Finovate PreCash presented Flip Money. Flip Money is a mobile check deposit app where people can cash checks immediately and do free bill payments. Bill payments are expedited without fees. You don’t need a bank account. This is a great mobile app for the underbanked. The Flip Money app will first launch on Android.

Finovate

Finovate is happening today and tomorrow in New York. I have a press pass, and will be reporting on the financial tech startups and companies who will be presenting new apps and/or updating features of their websites.

Finovate is like TechCrunch Disrupt but it is focused on financial innovation. It’s a bit more buttoned-up than other tech demo events, but it’s important because these companies make money. Follow the hashtag #finovate to know what people are buzzing about. I have yet to finish my first cup of coffee so bear with me!