Vetr.com won the award for ‘Trading Idea Platform & Apps’ at the Benzinga FinTech Awards on May 24, 2016. Vetr is a platform that allows individuals to “vet” investments by aggregating price targets to create simple crowdsourced star ratings. The ‘Trading Idea Platform & Apps’ category showcased companies that encourage the public to share investment ideas with each other, which Vetr is doing with their crowdsourced star ratings. Other companies nominated in this category included Trade Ideas, All Star Charts, and Tradespoon. Vetr was among 57 total finalists that attended the event.
The fintech industry covers “innovation within financial services”. Fintech companies with all kinds of different purposes were showcased at the award show from robo advisors to crowd sourced data.
Benzinga president, Kyle Bazzy, said that the awards show was filled with the movers and shakers of the financial world. He also said that every company in attendance is allowing the public to gain wealth in an accessible, affordable, and transparent way. This was the second year that the Benzinga Fintech Awards has taken place.
Powered by data science and built for investors, Vetr is a crowdsourced prediction and online investment platform for the stock market. As an investment-oriented social networking service, Vetr helps individual investors discover real-time investment opportunities by crowdsourcing price target predictions, star ratings on stocks, and portfolio data for free. Members “vet” stocks together to make better investment decisions versus searching through endless amounts of news and data found on traditional investing sites.
Benzinga is a financial media outlet that empowers investors with content that is coveted by Wall Street traders.
You read that right! The Vetr University Challenge is officially over, the ratings have been audited, and the results are in!
But before we announce the winners, we want to give a big thank you to all who participated. Without you, this competition would not have been possible, and we hope that you continue to use Vetr and make awesome ratings. Now without further adieu, here are the winners of the Spring 2016 Vetr University Challenge.
Let’s start with the extra prizes:
The student who wrote the most stock analyses, winning a $50 Amazon gift card, is Joe Haegele from Cornell University.
The student who referred the most people to Vetr, winning a $50 Amazon gift card, is Ryan Lundeen from the University of Nebraska, Omaha.
The student who earned the most achievements, winning a $100 Amazon gift card, is Jacob Engel from the University of Nebraska, Kearny.
Now for the moment we’ve all be waiting for, here are the winners of the Spring 2016 Vetr University Challenge:
In third place, winning a $150 Amazon gift card, we have Sergei Banashko from Fordham University who earned 123 points and a 39.66% return.
In second place, winning a $200 Amazon gift card, we have Joe Haegele from Cornell University who earned 124 points and a 44.6% return.
And last and certainly not least, the winner of the Spring 2016 Vetr University Challenge, winning a $250 Amazon gift card and an interview for an internship with Vetr, is Ryan Lundeen from the University of Nebraska, Omaha who earned 125 points and a 48.74% return!
Congratulations to our winners, you can see the full leaderboard here.
We hope you had as much fun as we did following this competition, because we had a blast checking out these impressive stock picks. Its encouraging to see young people getting hands on experience picking stocks as it will give them an opportunity for better financial independence in the future. We hope that the students who participated learned valuable skills through the University Challenge.
Be sure to check out our next University Challenge, because we have something huge in the works!
Thank you and best of luck with finals!
The Vetr Team – Rahul, JD, Zoheb, Santhosh, Patrick, and Mike