SizeUp is ranked in the article “10 Hot FinTech Companies Helping Small Business“. The global list of fintech companies from Canada, USA, UK, Peru, Kenya, India, and Singapore include 1. Payfirma, 2. SizeUp, 3. Bodetree, 4. BCSG, 5. LivePlan, 6. Entrepreneurial Finance Lab, 7. Kabbage, 8. Kopo Kopo, 9. Oxigen, and 10. Funding Societies. The article describes that, “The underserved potential of FinTech for small business is enormous. Governments, financial institutions, entrepreneurs, and investors alike can both support and benefit from this trend. Of the many FinTechs to respond to the challenges faced by SMEs, here are some of the best in the world.”
The Inter-American Investment Corporation includes SizeUp as a model for Fintech innovation to serve micro, small, and medium sized Latin American businesses in its latest report, “Harnessing the Fintech Revolution: How Digital Innovations are Revitalizing MSME Finance in Latin America and the Caribbean“. The report was developed in collaboration with Oliver Wyman, who conducted substantial research to guide and verify many of the report insights. SizeUp was interviewed for the report and is included as the example of enhanced market intelligence to small businesses. According to the report, “In addition to providing MSME data to lenders, fintechs are developing analytics platforms that can provide MSMEs with valuable market intelligence. These technologies process Big Data to glean business insights in real-time that would take enormous effort to develop independently. SizeUp, for instance, aggregates market and customer data from various sources to help businesses see how they compare to competitors in their industry and identify the best places to target publicity. Growing prevalence of solutions like these could improve MSME competitiveness and increase access to finance.”
Plug and Play Fintech sourced over 800 Fintech startups worldwide to select twenty-four startups, including SizeUp, for the Plug and Play Fintech accelerator. The program is designed for financial technology startups. The startups will gain access to Plug and Play’s extensive network of top banks and financial institutions that have been specifically curated to work with them. Partners of the program include Deloitte, Bank of the West, BanRegio, BNP Paribas, Capital One Growth Ventures, Credit Suisse, Deutsche Bank, Finstar Labs, Intuit, JCB, MUFG, Santander, Sumitomo Mitsui Banking Corporation, TD Bank, USAA, and U.S. Bank.
Plug and Play’s venture team, VC Partners, and corporate partners select the startups that are accepted into the program, resulting in less than a 3% acceptance rate. “We are thrilled to be working with some of the best fintech startups in the world, before the world knows them,” says George Damouny, Principal of Plug and Play Ventures.
The Fintech startups selected include CCOBOX, Dobot, Eximchain, Flowcast, Instrument Capital, Lenny, Netki, Neurensic, NUCO, Omniscience, Redrock Biometrics, ShoCard, ShopInbox, SizeUp, Stellar Development Foundation, The Sun Exchange, Tierion, Tradle, Trunomi, Vault, and xPressTap.
Read the Plug and Play Fintech news release and learn more about the PnP Fintech program.
SizeUp presented at MoneyConf in Madrid. According to MoneyConf, the event brought together the world’s leading startups to present at the conference to a distinguished judging panels including Earnest’s Louis Beryl and Kathryn Petralia, Co-Founder of Kabbage. Banks and other financial service companies from around the world attended to learn form innovative Fintech, banking, and financial services leaders. The presenting Fintech companies included SizeUp, SplitIt, Rehive, Spendesk, Viventor, Blackmoon, Lunar Way, BIID, Blue Code, Ixaris Technologies, Vaultoro, Indexa Capital AV, RINGPAY, Neema, E-Savings.CLUB, Signaturit, Grace Systems, Jando, Innovative Assessments, Particeep, muinmos ApS, and Wearable Technologies SL.
SizeUp is on the list of 15 Silicon Valley Fintech companies that every bank should meet. The article describes SizeUp saying “All banks are trying to better serve/grow their small business market and SizeUp provides custom service and value to each of a bank’s small business customers, online through automation, and algorithms.”
SizeUp presented at Collision Conference PITCH in New Orleans. Forbes named PITCH as one of the best startup pitching competitions worldwide. Over 400 companies were considered and the Collision judges shortlisted an impressive list of startups to present. PITCH was judged by a distinguished panel of judges, which includes Twilio’s Jeff Lawson, Khosla Ventures’ Benjamin Ling and SoftTech VC’s Andy McLoughlin. Collision is “America’s fastest growing tech conference” created by the team behind Web Summit. In two years, Collision has grown to over 7,500 attendees from more than 50 countries. There are other notable speakers for the conference.
The March 2016 Money magazine cover story, “Be Your Own Boss” recommends using SizeUp in “The Guide to Launching Your Own Business.” The article says that Step 1 is to figure out if your brilliant idea is a viable business and the first service recommended to figure that out is SizeUp, saying that, “…a nifty tool called SizeUp that lets you map out where potential customers, competitors, and suppliers are located – and pinpoint area where there is high demand and little competition.” It further explains that SizeUp can help show how many similar competitors are in an area, total household expenditures in an industry category, and how those compare to nearby regions.
BankNXT awarded SizeUp a perfect score in its review of the company. SizeUp was evaluated based on how well it addressed the following criteria:
- Is it original?
- Is it long-lasting?
- Is it operationally game-changing for the provider?
- Will it significantly improve the user experience?
- Is it market-changing?
According to BankNXT, “With SizeUp, financial institutions can provide their customers with business insight through their own websites. Moreover, by helping small businesses grow, banks can improve their cross-sales, lower costs, boost share of wallet, and drive higher customer satisfaction and loyalty.”
Read the full article, “FinovateEurope 2016 review – retail banking.” Other Fintech companies reviewed include Avoka, Asseco, IDscan Biometrics, Twino, Lendstar, North Side, Flow Credit, and eWise AEGIS.
SizeUp presented a live demo of its new European service at Finovate Europe to a standing-room-only-crowd of financial services professionals in London’s Old Billingsgate Market. The company announced that has implemented its service in Italy and Germany with the ability to enter into other European countries.
Fintech Finance provides key decision-makers globally within leading financial services organizations with reliable and accurate intelligence on emerging trends and breakthrough technologies, helping them to make informed decisions. During Finovate Europe 2016 Fintech Finance interviewed SizeUp about the work it is doing and its expansion into European markets to ensure its audience of bank executives are aware of the innovative services SizeUp can provide to European bank customers.