San Mateo, CA (PRWEB) September 16, 2013
Motif Investing, the company that pioneered low-cost, ideas-based investing, announced today that it won “Best of Show” at FinovateFall, an exclusive event that showcases cutting-edge financial technology, for its build-your-own motif product and monetization.
This new product lets individuals build customized motifs--collections of up to 30 stocks based on a theme, such as rising interest rates, shale oil or couch commerce. Individuals can then publish their own unique motifs on the Motif website and get paid anytime another customer buys or rebalances their built motif. To date, over 15,000 new motifs have been built or customized since the "build your own motif" feature was rolled out.
“We are honored that the Finovate attendees chose to acknowledge our Motif demo from a field of 70 innovative companies,” said Hardeep Walia, CEO and founder of Motif Investing. "We generated incredible excitement about this cutting-edge product which is currently in beta until its public release on October 1.”
"We would like to congratulate Motif on winning a Best of Show Award at FinovateFall 2013. Clearly their innovative solution to investing struck a nerve with the audience,” said Eric Mattson, CEO of Finovate.
About Motif Investing
Motif Investing is an online broker that lets you invest in a world of big ideas. The company, based in Silicon Valley, is changing the face of online investing through an innovative, transparent social platform that allows individuals and investment advisors to invest in stock and bond portfolios built around everyday ideas and broad economic trends—and even create brand-new motifs from scratch. Motif is a registered broker-dealer and a member of SIPC. The company’s investors include Foundation Capital, Goldman Sachs, Ignition Partners and Norwest Venture Partners. Board members include former SEC Chairman Arthur Levitt and former Wall Street executive Sallie Krawcheck. Learn more at https://www.motifinvesting.com.
Investing in securities involves risk, including the possible loss of principal; individual investments or a collection of individual stocks such as motifs which are concentrated in an idea or theme may face increased risk of price fluctuation over more diversified holdings due to adverse developments within a particular industry or sector.
FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in NYC, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of demos, please visit finovatefall.com.