new yorkbased smartasset 110m ttv capital

The tool works by requesting the user to enter necessary financial details such as savings, total debt, and income. The SmartAsset tool carries out a detailed analysis and discloses the maximum budget that the consumer can afford to spend while purchasing a new home. Through SmartAsset, he was able to help many other people to analyze their financial positions in a manner similar to the one which he had initially adopted. The CEO, while speaking to the media, stated that he chose to develop a financial model that had the capability to analyze the impacts that the purchase of a new house could have on his financial wellbeing. According to the firm’s CEO, Michael Carvin, the organization was launched due to the inadequacy of online tools. The company’s primary aim was to help consumers in making significant financial choices. The company launched its first online resource in 2012. For instance, in Pennsylvania, which has been divided into two thousand townships, SmartAsset tools calculate the cost of every minute expense in every jurisdiction. Not only are all taxes and related fees included in the analysis, but the precise amount of funding required is based on the property’s geo-location. SmartAsset tools do not have such problems.

He consequently saw a problem that he hopes to solve through SmartAsset technologies. When he got to the closing stages, he realized that he had been blindsided by a mortgage tax that he had not factored in his analysis all this while. He thus developed a model to analyze what his budget should entail. Michael Carvin started the company after he decided to purchase a home in New York. At the core of the firm is its financial modeling technology that enables users to key in information about their unique circumstances and find out what finance options will affect their position in a holistic and personalized way. Additionally, the resources and tools are also hosted on the SmartAsset official website. These resources, which are currently reaching over 45 million people every month, are embedded in the largest digital publishers. SmartAsset has developed a good number of world-class tools and resources that are focused at different fields of personal finance management like – taxes, purchasing real estate property, banking, retirement, and credit cards. The need for accurate, actionable, and vetted information is quite large, especially for people who wish to navigate the sea of information that will help them in working towards achieving their financial obligations. Additional information can be found at are very many resources used to manage personal finances, and the internet has enabled anyone to put information out there however, most of these resources and content are veiled attempts at selling products. Bringing more than 20 years of venture investing experience, the firm identifies innovators in financial services and uses a collaborative, entrepreneur-first approach to building our portfolio companies. TTV Capital is one of the longest active venture capital firms investing in fintech. “Our experience and deep industry relationships position us to partner with entrepreneurs to optimize growth opportunities in the coming years.” “Fintech is evolving at an ever-increasing rate,” said Sean Banks, Partner. The firm’s track record includes Green Dot, Cardlytics,, Greenlight, MX, Smartasset, Shopkeep, Paycycle, Scratchpay, and Featurespace. TTV is one of the preeminent investors in fintech. “We will invest $1 - $5 million in support of early-stage fintech companies led by dedicated founders with a strong, clear mission.” 'We founded TTV in 2000 because we believe that there is a compelling need for innovation and technology advancement throughout the financial industry,' said Gardiner Garrard, co-founder and managing partner, TTV. The Fund will continue to back founders that are creating innovative applications that build upon enabling technologies like cloud computing, big data, mobile, machine learning, AI, and blockchain, to disrupt and modernize the banking and payments sector. To date, TTV Fund V has invested in a number of companies including: Koho, Neuro-ID, Plink, Samcart and Taxbit.

TTV Fund V includes both existing and new limited partners, including endowments, foundations, family offices and strategic partners. ATLANTA-( BUSINESS WIRE)-TTV Capital announced today that the firm has closed its oversubscribed fifth fund, raising $127 million.

New yorkbased smartasset 110m ttv capital