Finovate 2008 Video Archives

Finovate 2008 showcased the latest and greatest technological innovations in finance and banking to an audience of hundreds of the financial executives, industry leaders and press in a fast-paced demo format. Our presenting companies were a mixture of the best startups and established industry players.

You can view the demo video for BillShrink below.

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BillShrink | www.billshrink.com
HQ Location: Menlo Park, California
Company Founded: July, 2007
Product Being Demoed: BillShrink.com
Product Launched: April 2008
Metrics: Series A raised undisclosed amount led by Bessemer Venture Partners; Series B raised $8 million, led by Bessemer and Trinity Ventures; Average savings per user: $300/year for wireless; $2,000/year for credit cards, Under 10 employees

Video

Video Format: Quicktime | Windows Media   

Presenter Profile
How they describe themselves: BillShrink is a new, free online service that helps consumers save money by making continuously updated, personalized, usage-based recommendations on everyday services such as cell phones and credit cards. BillShrink automatically monitors the market’s millions of continuously changing product combinations, as well as each user’s individual usage behavior, and makes unbiased recommendations on plans and cards, as ranked by the technology. BillShrink seeks to provide transparency between consumers and service providers, and is the only service of its kind to translate layers of technical babble designed to confuse consumers into actionable, money-saving recommendations. BillShrink will soon expand into other complex services.

What they think makes them better: In September 2008, BillShrink added credit cards to its product offering, revealing the true costs and value of rewards for cardholders. For the first time, consumers can access a quantified, dollar-for-dollar comparison of credit cards tailored to their personal usage and spending behavior. No other online credit card resource goes to the same level of detail and personalization as BillShrink, which makes unbiased recommendations based on data from more than 200 of the most popular credit cards from major banks. By simply entering a few details about their credit card usage and preferences, consumers can quickly access personalized recommendations.

Executives: Peter Pham (CEO), Schwark Satyavolu (Co-Founder), Samir Kothari (Co- Founder)

Investors: David Cowan (Bessemer Venture Partners), Gus Tai (Trinity Ventures)

Partnerships: BillShrink works with the four major cell phone carriers and more than 200 credit cards from popular banks to provide unbiased, personalized recommendations to consumers based on their spending and usage patterns.

Contacts:
Biz Dev: Peter Pham, CEO BillShrink, peter@billshrink.com
Press: Amy Jackson, Atomic PR, 415-402-0230, amy@atomicpr.com

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Organizers
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