ORLANDO, Fla.–NACUSO has named the companies that will be competing for cash prizes as part of its Next Big Idea Competition.
The Shark Tank-style competition, now 12 years old, gives each of the contestants five minutes to present on stage followed by questions from guest judges. At the end of the presentations, attendees will vote to instantly select the winner of the 2024 Next Big Idea Competition.
The competition will take place on Aril 17 at NACUSO’s upcoming Network meeting in Orlando.
The company with the most votes for their idea will be awarded $7,500, and second place will be awarded $2,500. The winner will also have the opportunity to share their idea at the NASCUS State Summit Conference in Colorado Springs in the Fall.
The Competitors
The companies to be part of the competition will be:
Algopear
AlgoPear is a SaaS wealth management company that provides embedded automated investment products for credit unions to provide early retirement solutions for young retail investors.
Casap
Casap is a member-first disputes and fraud automation platform that helps credit unions navigate disputes at a fraction of today’s cost.
Chimney
Chimney, which has introduced MyHomeTracker, uses modern property data to give homeowners the ability to track home value, see available equity, and get personalized offers, all within their trusted digital banking environment.
Debbie
Debbie revolutionizes the way credit unions engage with younger demographics by offering a rewards-based platform that incentivizes positive financial behaviors.
Payfinia
Payfinia revolutionizes financial wellness in communities through real-time payments, primarily FedNow, tailored for community banks and credit unions.
Reimagination Technologies
Reimagination Technologies provides low-cost and high-customer value remittance services with their own CU brands to their local members and immigrant communities nearby.
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