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Fintech

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Fintech

2023 MassChallenge and AARP AgeTech Collaborative Cohort

06/07/2023

Boston, MA (May 15, 2023) – MassChallenge, the global network for innovators, and the AARP Age Tech Collaborative, invites 9 startups to participate in its inaugural AgeTech cohort. The AgeTech Collaborative program provides startups with the opportunity to interface with industry leaders, learn to navigate complex HealthTech regulations and policies, and opportunities to calibrate and shape their business strategies over a period of six months.

Five intriguing new offerings for older adults

Innovation is booming in categories to help older adults.   Perhaps it’s not surprising that innovation focused on older adults is ramping up – mitigating issues of social isolation, wander risk and safety, engagement, caregiving, financial management and many other categories. Not only was last year a bad year for older adult life expectancy at 65, the older adult (65+) population is still growing and a sizable number, particularly women, will live an average of nearly 20 additional years.

Venture Capital Pioneer Alan Patricof and Wellness Executive Abby Miller Levy Launch Primetime Partners

07/29/2020

Abby Miller Levy, a wellness executive and founder, and Alan Patricof, one of America’s most iconic investors, co-founder of Greycroft with $2B in AUM and founder of Apax Partners with $50B in AUM, announce the launch of Primetime Partners. The venture capital firm will focus on seed and early-stage investments in products, services, technologies and experiences for the aging, including aging in place, financial security for retirees, care management, longevity health services, and enriching consumer experiences for this underserved population.

SELFSAFE PRODUCT LAUNCH

06/15/2020

The Market’s Premiere Way to Carry Your Protected Information. SelfSafe recently brought their product to market after extensive market testing and product research. It is one of the very first and most secure methods to carry one’s Protected Health Information (PHI) and comprehensive personal information.

 

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Five FinTech Offerings for Older Adults

FinTech – are these tools for seniors?  Some trendy terminology transformations in recent years, for example Voice First and IoT, refer to tech that is relatively new or recently revived.  FinTech, a concatenation of Financial Technology, may be similar.  The category has been generally described as software "designed to be a threat to, challenge, and eventually usurp entrenched traditional financial services providers with the purpose of being more nimble and serving an underserved segment, or providing faster, better service." The next quote sounds a bit ageist, if likely true: "As for consumers, as with most technology, the younger you are the more likely it will be that you are aware of and can accurately describe what FinTech is." Looking at a list of ‘top’ FinTech companies, one might laugh at a company called Robinhood. Don't laugh, though. Charmingly named, Robinhood, which offers free stock trades, is worth $5.6 billion and has more accounts today than eTrade.    

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