UTEST company Nvest is bringing accountability to investment recommendations
Nvest, a University of Toronto company, is gaining traction as a financial technology (or fintech) start-up to watch. Nvest is part of the third UTEST cohort, which is an early-stage technology incubator program co-directed by MaRS Innovation and U of T (read more about the UTEST program in our portfolio section).
In the last month, Nvest has been profiled in both TechVibes and Investment Executive as a company to watch both as a social network for stock picking and as a tool to bringing accountability to investment recommendations.
Jacob Serebrin writes for TechVibes:
Fredrick Zhou says there’s something wrong with the way people recommend stocks online.
“People don’t take responsibility for their actions, their words and their recommendations,” Zhou says.
He’s the co-founder and CEO of Nvest, a new social network for stock pickers that he says will bring accountability and transparency to a broken system.