Updated 3/13: Tomorrow's FinTech day at Brandeis IBS is being postponed due to the forecast of severe weather. The community looks forward to presenting the 2017 Asper Award for Global Entrepreneurship to Jon Stein, founder and CEO of Betterment at a future date to be announced later.
The award event will take place on the Brandeis University campus on March 14, as part of a day on financial technology, or FinTech. The day’s activities will include a fireside chat with Stein and a panel discussion with executives from Boston-area companies that are actively applying new technologies to financial services.
Founded in 2008, Betterment is the largest independent online investment advisor. The company notes that it provides a smarter way to invest money and uses technology to help clients manage their investments. Betterment manages just under $8 billion of assets under management and has raised over $205 million in funding, valued at $700 million. Betterment is using new technologies to transform financial services.
The Asper Award for Global Entrepreneurship is given to an individual who exemplifies the Asper Center’s values of entrepreneurial spirit and independent thinking. Previous recipients have included entrepreneurs such as Daymond John of FUBU, John Harthorne of MassChallenge, Diane Hessan of C Space, Linda Rottenberg of Endeavor Global and Helen Greiner of iRobot and CyPhyWorks.
Ben Gomes-Casseres, a professor of strategy at Brandeis and the director of the Asper Center explained the urgency and appeal of FinTech at the business school. “Financial technology is already transforming the world of money and banking,” he said. “At Brandeis IBS, we prepare students for this new world of finance. Hosting these entrepreneurs on campus will be a catalyst for new ideas and even new ventures.”
In addition to the award presentation and fireside chat with Stein, students will have the opportunity to discuss the impact of financial technology with executives from companies including Fidelity Labs, BlueSnap, State Street and FinTech Sandbox.