Taking advantage of the Mobile World Congress (MWC) this week, Crowd Valley is introducing new tools for mobile developers of digital finance solutions. Part of the Grow VC Group of companies, Crowd Valley offers front and back end and API data solutions to help financial firms such as online lenders, asset managers and real estate developers create digital platforms for their offerings.
As providers of financial infrastructure, Crowd Valley is targeting fintech startups looking to launch digital solutions without having to develop all of their own technology. Similarly, existing financial firms have been partnering with companies like Crowd Valley to help them evolve their products for the mobile and internet world.
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By providing additional support for mobile, Crowd Valley is positioning their services to be best aligned with an important segment of growth within the finance sector. Among younger customers, mobile is often viewed as the preferred choice when interacting with a financial firm such as a broker or bank.
Commenting on this trend, Stephane Dubois, CEO of Xignite, whose company is included within Crowd Valley’s available aggregated data, stated: “For millennials, finance is already 95% mobile. And it won’t be long before they start planning their retirement and college savings by talking to their connected refrigerator while holding a kid in each arm. So yes, IoT will revolutionize finance too.”