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.