Finovera, Inc.

Profile Information

Conference
DEMO Spring 2012
Market Segment
Cloud Technologies
Funding Amount
Product Description
Finovera provides an innovative internet service that helps households to automatically receive, organize and manage bills, financial statements and important family documents in one place safely and securely. Users can link their bank, credit cards, brokerages, utilities and other online accounts for automatic downloads of statements every month. An alert is sent when the bills are due and an action is required. The service allows the users to view bills and statements, connect to bank or biller site for payment and archive the document in a digital filing cabinet. Accounts that are not online can be manually entered and managed. Users can upload and store important family documents such as tax records, copies of birth certificates, driver licenses, major purchases and receipts.
Funding Round
Seed
Funding Details
The company has raised $500,000 from founders and angel investors in 2011
Competitors
doxo and Manilla
Market Opportunity
121 million U.S. households receive over 15 billion bills and statements every year from financial institutions, utilities, insurance and other providers. Less than 3% of this communication is delivered via online channels that costs over $40 billion to billers and pollutes our environment. Clearly, paper bills and statements is the next frontier that is ready to go digital. Currently there is no comprehensive solution that allows consumers to receive, view, pay, analyze and archive bills and statements from myriad of providers in one place. Consumers get the convenience and control of their financial records stored in one place. Billers and statement providers save money as more customers go paperless and need less support. FiPort is leveraging the advances in cloud and mobile technology and offering solutions to consumers, billers and financial institutions that are ready to take advantage of this megatrend.

Company Contact

URL
http://www.finovera.com
Facebook
Twitter
LinkedIn
Contact
purna@fiport.com
Company Address
860 Hillview Court, Suite 200 Milpitas, CA 95035
Primary Phone
510-861-3264
Officer One
Purna Pareek - Founder and CEO
Officer Two
-
Officer Three
-
Officer Four
-
Back to DEMO home