Finary
Finary, a now-inactive fintech company based in New York, was known for integrating social elements into investment management, allowing users to connect and collaborate on financial portfolios.
Company Overview
Finary, formerly known as Finary.io, is a fintech company based in New York, NY, USA. It operates within the asset management sub-industry. The company launched in 2021 and was part of Y Combinator's W21 batch. Despite its initial promise, Finary is currently inactive.
Team Size and Structure
Finary's team consists of 6 members. This small team was responsible for delivering the company's innovative solutions in the fintech and asset management space. The compact team size enabled agility and close-knit collaboration.
Social Investing Platform
Finary sought to revolutionize the investing experience by making it social. The platform allowed users to bring together their portfolios and connect with friends. It facilitated chatting, hanging out, and collaborating on investments, drawing comparisons to Discord but specifically tailored for investing.
Geographic Service Regions
Finary served users primarily in the United States and Canada. The company aimed to make investing more social and collaborative for these regions, leveraging its platform to enhance investor engagement and community building.
Industry and Sub-Industry Classification
Finary operated within the fintech industry, specifically focusing on asset management. The company aimed to bridge traditional investment management with modern social networking capabilities to create a unique user experience.