WiseBanyan Unveils New Tax Protection Toos

This post has been superseded at finovate.com.


Free financial advisory platform WiseBanyan released its first premium package this week, Tax Protection. The new services – WiseHarvesting, Selective Trading, and IRA Conversions – enable investors and savers to manage the way their investments impact their taxes. The WiseHarvesting feature helps balance out investment gains with harvested investment losses. Selective Trading keeps investors from owning the same ETFs in multiple accounts. And IRA Conversions enable investors to switch from traditional to Roth IRAs.

The Tax Protection also comes at a low cost. Investors can take advantage of any one of the services for 0.02% of their average account value, with a maximum charge of $20 a month. WiseHarvesting, the company’s first premium service, is already available to WiseBanyan clients. Those currently using WiseHarvesting will be use to add the new services without additional cost.


Pictured (left to right): Wise Banyan Co-CEO and Co-Founder Herbert Moore and Chief Science Officer Jennifer Chin during their presentation, “Data as an Advantage: Building a Data Warehouse with Open Source Tools” at FinDEVr Silicon Valley 2016.

In a blog post announcing the new service, WiseBanyan Manager of Content Strategy Aliza Kellerman added that the company has “a ton of other packages in the works, all designed to provide additional value to your WiseBanyan experience,” and credited feedback from its “fantastic, passionate, vocal clients” for inspiring new features like Tax Protection.

Pledging to help investors make their first $100,000, WiseBanyan is a free platform that provides automated, goal-based investing and financial planning. With a $1 minimum, investors can provide their investment time horizon, risk aversion, and amount saved, and WiseBanyan builds a portfolio designed to maximize real investment returns on an after-tax basis.  Customer funds are invested in liquid, equity and bond exchange-traded funds (ETFs), and WiseBanyan monitors the portfolios continuously, reinvesting dividends and tracking progress toward the pre-set goal.

Founded in 2013, WiseBanyan discussed its technology at FinDEVr Silicon Valley 2016 last fall, winning “Best Debut Company.” The company’s presentation, “Data as an Advantage: Building a Data Warehouse with Open Source Tools,” was led by co-CEO and co-founder Herbert Moore and Chief Science Officer Jennifer Chin. In March, WiseBanyan won the Startup Pitch competition at SXSW and was also named “judge’s favorite” – earning a $1,000 prize from LaunchKC. The company was featured in Business Insider’s 2017 roster of the 15 Best Roboadvisors and also earned a spot on Nerdwallet’s Best Robo-Advisors: 2017 Top Picks list.

FinDEVr APIntelligence

This post has been superseded at finovate.com.

FDLD17_EventLogoV3_wdate(large)With the presentation videos from FinDEVr 2017 New York now available, be sure to check out all of the great presentations and discussions from the event in our FinDEVr video archives.

And if you’ll be in the U.K. this June (0r want to be), stop by our FinDEVr 2017 London page to learn more about the companies that will be joining us as we take our developer’s conference across the pond for the first time.

Tickets are available now so register today to save your spot.

On FinDEVr.com

  • WiseBanyan Unveils New Tax Protection Tools.
  • Wells Fargo and Finicity Sign Data Aggregation Partnership

Alumni Updates

  • FICO announces partnership with economic empowerment non-profit, Operation HOPE.
  • Forrester names Kofax a leader in ECM transactional content services.
  • OutSystems launches global partner program, connecting integrators, resellers, and consultants to its low-code development platform.
  • Payment solutions provider Buckaroo chooses AML solution from Fiserv.
  • Visa Checkout achieves 20 million enrolled accounts milestone.
  • Kofax launches cloud-based document capture and invoicing solution, ReadSoft Online R9.
  • OutSystems picks up SOC 2 Type 1 attestation report affirming quality of company’s internal controls and processes.
  • FICO unveils FICO Origination Manager Essentials to accelerate loan decisioning.
  • Datanami interviews MapD CEO and co-founder Todd Mostar.
  • Finland-based OP Financial Group partners with Token to develop new fintech solutions.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

FinDEVr Flashbacks: Full Presentation Videos Now Live

This post has been superseded at finovate.com.


It’s FinDEVr Silicon Valley like you’ve never seen it before– on video! If you missed out on last month’s conference and want to catch the latest in fintech developer trends– or if you just want to re-live the moments from the show– you’re in luck.

All of the presentation videos from the conference are available for free on FinDEVr.com. Not sure where to start? Take a peek at these award winning companies:

Tuesday crowd favorite: MX

Wednesday crowd favorite: OCR Labs

Media favorite: 1787fp

Favorite alum: Lleida.net

Favorite debut: WiseBanyan

Favorite established company: IBM

Favorite startup: Alloy

We’ll see you next year or at FinDEVr New York on March 21 & 22, 2017!

FinDEVr Silicon Valley: Celebrating the Best of the Builders

This post has been superseded at finovate.com.


After watching two days of live presentations from fintech innovators from around the world, the attendees at FinDEVr Silicon Valley 2016 have made their preferences plain. So many presenters received enthusiastic praise for the way they are solving problems and developing tools/APIs to make payments more efficient, security more effective and financial data more accessible. And there were a few companies that stood out from an impressive pack.

So without further ado, let’s take a look at the favorites (all chosen by audience vote, except the Press/Analyst favorite):

Crowd Favorite – Day One

  • MX for its heartfelt message on how it gets the necessary work done, both in fintech and in life

Crowd Favorite – Day Two

  • OCR Labs for its innovations in optical character recognition (OCR) and facial recognition (FR) technology and their application on web and mobile platforms.

Press/Analyst Favorite

  • 1787fp for its mobile app that helps consumers track and manage their finances and investments.

Favorite FinDEVr Alum

  • Lleida.net for its registered email and registered electronic contract technology.

Favorite FinDEVr Debut

  • WiseBanyan for its free, independent, goal-based roboadvisor designed to help investors reach their first $100,000.

Favorite Established Company

  • IBM for its implementation of the Hyperledger Project and blockchain-as-a-service strategy.

Favorite Startup Company

  • Alloy for its software solutions that help financial services companies conduct KYC/AML, risk management, and maintain continuous compliance.

We want to thank everyone who made FinDEVr Silicon Valley 2016 possible. From our presenters to our attendees to all the staff and others who participated in this year’s event, we truly could not do this without you. So give yourselves a pat on the back, raise a toast of something tasty, and mark your calendars as we take our developers conference to the Big Apple next spring for FinDEVr New York 2017, and then across the Atlantic for FinDEVr London 2017 in June.