Washington, D.C. (May 30, 2019)—The Independent Community Bankers of America® (ICBA) and The Venture Center celebrate this year’s Finovate Best of Show winner, Invest Sou Sou. Finovate is a demo-focused conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies, attracting large, high-impact audiences of senior financial and banking executives, fintech leaders and investors. Invest Sou Sou was a member of the inaugural ICBA ThinkTECH Accelerator cohort and won the program’s MVP award.
Finovate attracts tens of thousands of attendees who have watched more than 2,000 demos and presentations from hundreds of companies. Audience members voted to select Invest Sou Sou as one of eight Best of Show winners, accompanying three other Venture Center Fintech Accelerator alumni; Neener Analytics, AlphaRank and Bond.AI.
Invest Sou Sou utilizes lending circles to help banks modernize the way that people save and build stronger credit. By providing a social banking platform, Invest Sou Sou technology helps banks find, recruit, cultivate, and retain low-cost deposits and credit-ready borrowers in a secure and cost-efficient way.
“The recognition we have received this year from Finovate, The Venture Center and ICBA, as well as our own growth, confirms the increasing demand among community banks for an innovative partner in social banking fintech solutions,” said Invest Sou Sou CEO and Founder Fonta Gilliam.
“We are incredibly proud of Invest Sou Sou and commend their efforts to create a community bank-focused solution that will benefit America’s consumers and the community banks that serve them,” said ICBA Services Network Chief Operating Officer Kevin Tweddle. “It has been an honor to work with Invest Sou Sou and be part of their growth throughout the ICBA ThinkTECH Accelerator experience. We are thrilled that they received such a prestigious award and recognition on the highly competitive Finovate stage.”
“The Venture Center is thrilled for Invest Sou Sou,” said Venture Center’s Executive Director Wayne Miller. “We’re delighted to see alumni recognized for creating remarkable solutions that have been created specifically for community banks. It’s a win-win for America’s communities.”
For more information about the ICBA ThinkTECH Accelerator, visit www.venturecenter.co/icba-thinktech-accelerator
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
About The Venture Center
The Venture Center in Little Rock, Ark. is an entrepreneur support organization that helps startups become viable, high-growth businesses. With the expertise of a world-class team of mentors, intensive programming and introductions to the investor community, The Venture Center serves as an engine for economic growth in Central Arkansas and beyond. For more information, visit http://www.venturecenter.co.