SizeUp Arizona
SizeUp - Big Data for Arizona Businesses
SizeUp won the Bank Innovation 2017 Conference DEMOvation One fintech competition in San Jose. SizeUp won by receiving the highest amount of votes from all conference attendees after they watched a live demo of SizeUp and the other fintech companies. The other fintechs in the DEMOvation One competition were EyeVerify, BeSartee, Teller, and Alloy.
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)
[vc_video link=”https://vimeo.com/193081382″]
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.
The BAI Beacon conference for financial service executives presented a session on opportunities for small business Fintech including a panel of small business Fintech experts and pioneers including Kathryn Petralia, Co-Founder of Kabbage, Ruth Polachek, former Head of Citi Accelerator and FinCheck, Anatalio Ubalde, Founder of SizeUp, Zack Chestnut of RevolutionCredit, and moderator Matt Gamser, CEO of SME Finance Forum. The FintechStage session covered the significant opportunities that exist for serving small businesses and how Fintech companies have identified ways to serve this historically underserved market segment.
[vimeo https://vimeo.com/187035715]
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.”
