FinovateFall 2010 Video Archives

On October 4 and 5, 2010, FinovateFall 2010 returned to Manhattan with a two-day showcase of dozens of the biggest and most innovative new ideas in financial and banking technology from established leaders and hot young companies.

Handpicked from hundreds, the companies got a mere 7 minutes on stage to demo (no powerpoint allowed) their latest and greatest.

You can view the demo video for Thwakk, Inc. below.

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Thwakk, Inc. | www.modohisland.com

HQ Location: Amsterdam, NY
Company Founded: October 2009
Product Being Demoed: Mo'doh Island
Product Launched: May 2010
Metrics: Thwakk has self-funded over a million dollars in development to build its customer acquisition platform and is seeking first round investment to broaden distribution throughout the domestic and international marketplace. 


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Presenter Profile
How they describe themselves: Thwakk is a technology company specializing in youth customer acquisition platforms. Our customized, private-labeled, web platform integrates a strong financial education curriculum with the excitement of 3D simulation-based game play and rewards to affect positive behavioral change. Financial organizations can mitigate risk through financial education and identify knowledgeable, financially confident customers.  We have created a new, exciting business channel to interact with the next generation consumer in a familiar format that they enjoy.

What they think makes them better: : Mo'doh Island is a cutting edge customer acquisition platform with real business applications. Not just financial education, but interactive tools that differentiate you from the competition.

  • While competitors struggle to get 5 seconds of a young adult person's attention, youth interact repeatedly and with prolonged exposure with your brand through our exciting, 3D platform
  • Incentive-based learning keeps it exciting and creates interaction points with customers
  • Customized solutions to build trust in your brand
  • Real business applications – capabilities include account opening, loan applications, etc.
  • Risk mitigation and the ability to develop knowledgeable, financially confident customers
  • With over 100 million active virtual world users and tremendous growth, this is a critical business channel.

Key Executives: Charlie White (COO/Co-founder), Scott Moriarty (CEO/Co-founder)       

Investors: Thwakk is self-funded and seeking first-round investment.

Key Partnerships: Finalizing a key sales agreement with a major provider that has a strong distribution capability covering over 2,000 financial institutions in the Northeast and Midwest.  Continued support from the Filene Research Institute to help raise awareness within the credit union market.

Customers: Altra Federal Credit Union (LaCrosse, WI; $765 million in assets), Visions FCU (Binghamton, NY; $2.5 billion in assets)

Contacts:
Bus. Dev., Sales & Press: Scott Moriarty, CEO, (t): 804-366-7665, (e): scott.moriarty@thwakk.com

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Organizers
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