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moneystrands.com

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Founded Year

2003

Stage

Acquired | Acquired

Total Raised

$51.3M

About Strands

moneyStrands is an online personal finance tool that automatically gathers data from your financial accounts, including savings, checking, and credit.On March 31th, 2020, Strands was acquired by CRIF, terms of the agreement were not disclosed.

Strands Headquarter Location

760 SW Madison Suite 106

San Francisco, California, 97333,

United States

541-753-4426

Latest Strands News

Strands and Credolab Bring Smart Money Management to Banks

Jul 2, 2021

Finovate Barcelona, Spain-based Strands and Singapore’s credolab announced a partnership this week that will give banks a new solution to help their customers make better decisions with their finances. The collaboration will embed credolab’s credit scoring technology into Strands personal finance management platform, giving banks the real-time ability to obtain relevant customer insights with embedded risk assessments. “Strands’ expertise in developing customizable digital money management solutions for banks will add great value to our clients globally,” credolab founder and CEO Peter Barcak said. “We are confident that our embedded technology will help Strands develop solutions to promote a more delightful way of banking that empowers customers with meaningful interactions, and makes them happier, more loyal, and more profitable.” In their joint statement, Strands and credolab noted that retail banks often face challenges when it comes to improving customer engagement and providing long-term value to their customers. They blame a lack of relevant data, as well as the inability to generate significant insights into customer behavior and preferences. The integrated solution will serve as a “one-stop shop” for banks to realize new potential revenue sources by helping their customers be smarter with their money. “By partnering with credolab, Strands is in a stronger position to deliver state of the art financial management solutions to banks worldwide,” Strands CEO Erik Brieva said. “This collaboration will allow us to embed next generation scoring technology into our AI-driven product suite, meeting financial institutions’ increasing demand for smart, highly customizable, and scalable FinTech white-label solutions.” Credolab demonstrated its CredoScore technology at FinovateAsia 2018. This spring, the company has announced a collaboration with regional credit risk and decision analytics company Qarar to help the UAE-based company enhance its credit risk scoring processes. Strands made its most recent Finovate appearance last month at FinovateAsia Digital . Teaming up with Tearsheet to publish its guide to “Banking as a Service,” in May, Strands began the year with news that CEO Brieva had been named to Analytics Insight’s Top 10 Most Inspiring CEOs. Here is our look at fintech innovation around the world. Asia-Pacific Voyager Innovations, the company behind Filipino-based payments app PayMaya, secured $167 million in funding to support the launch of a digital bank. Vietnamese investment app Infina raised $2 million in seed funding from investors headquartered in Japan, Indonesia, Singapore, the U.S., and South Korea. Sub-Saharan Africa

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Research containing Strands

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Strands in 7 CB Insights research briefs, most recently on Aug 31, 2021.

Expert Collections containing Strands

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Strands is included in 2 Expert Collections, including Fintech.

F

Fintech

26,163 items

US-based companies

W

Wealth Tech

1,109 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

Strands Patents

Strands has filed 14 patents.

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Application Date

Grant Date

Title

Related Topics

Status

12/22/2009

5/14/2013

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Image processing, Digital photography, Photographic techniques, Hepatotoxins, Nutrition

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Strands Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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