LifeSite recognized as a wealth tech visionary and innovator for the second consecutive year
April 28, 2020 – (MOUNTAIN VIEW, CA, USA) – LifeSite announces that it has been selected as a 2020 “WealthTech 100″ company. LifeSite was also recognized in 2019, and is proud to be named in consecutive years among the world’s most innovative technology solution providers for asset managers, private banks and financial advisors by FinTech Global, a specialist research firm.
“Established investment firms, private banks and advisors need to be aware of the latest innovation in order to remain competitive in the current market, which is heavily focused on digital distribution and transformation initiatives,” said Richard Sachar, director of FinTech Global. “The WealthTech100 list helps them do just that and identify new business models which will have lasting impact on the industry.”
“We are honored to be recognized for technology innovation for the second straight year,” says Chris Wong, LifeSite CEO. “In this time of shelter-in-place restrictions separating us by geography, individuals and families are challenged to locate, organize, and share important information and documents necessary to plan and prepare for financial, medical and other vital needs. Digital engagement and secure collaboration with their advisors is an extension of that. Once again, we are pleased to have LifeSite listed among other innovators in WealthTech.”
About WealthTech 100
The WealthTech100 for 2020 recognizes the pioneering companies transforming the global investment and banking industries. The second annual list of the world’s most innovative technology solution providers for asset managers, private banks and financial advisors were announced today by FinTech Global, a specialist research firm.
The WealthTech industry has seen huge growth over the last four years as new digital services to oversee personal finances, manage institutional investments and provide financial advice became more prominent. Total funding to the sector grew at a CAGR of 40.7% from $2.8bn in 2016 to over $7.8bn at the end of last year.
As a result, the competition to be identified as one of the leading 100 WealthTech companies in the world was even fiercer this year. A panel of analysts and industry experts voted from a list of over 1,200 companies produced by FinTech Global. The finalists were recognized for their innovative use of technology to solve a significant industry problem, generate cost savings or efficiency improvements across the investment value chain. A full list of the WealthTech100 can be found at www.WealthTech100.com. More detailed information about the companies is available to download in a research pdf on the website.
About LifeSite
LifeSite was founded to inspire and empower people by connecting their head and their heart – providing personal peace of mind today, and for family and loved ones tomorrow. A previous “Consumers’ Choice” winner at AARP Innovation@50+, LifeSite provides secure, convenient, and smart web-based solutions to help individuals, families and trusted advisors store, organize and access the most important information in their life, anytime, anywhere. With security as its first priority, LifeSite combines secure file access and controlled, permission-based sharing with high-level document encryption and security to provide GDPR-compliant solutions. Visit www.lifesite.co for more information.
CONTACT: Sheri Wachenheim, MINT
973-670-5413 / sheri@mintadv.com