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Geezeo Aggregates Investment Accounts: Users Can Now Manage all of Their Finances on Geezeo

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Release Highlights

NEW YORK (Business Wire EON) October 2, 2007 -- Release Highlights

  • Geezeo aggregates users investment accounts into a single platform, for a clearer picture of ones portfolio.
  • Geezeo is the first social finance site to aggregate checking and savings accounts, credit cards, student loans, mortgages, car loans and investment data on their platform.

Both Geezeo and the CAPS investors believe there is strength in numbers. With this partnership, our users will have access to the best community-driven stock rating information available. Our users find support in community, and by including CAPS' real-time investor sentiment and ratings, we've created the perfect combination of social financial services
Geezeo, an online provider of free social finance tools and networks, today introduced automated aggregation of investment accounts from over 2,000 brokerage, mutual fund and insurance companies at Finovate 2007, the annual conference featuring 20 companies at the cutting edge of financial technology.

With the new capability, Geezeo becomes the first social finance site to offer free online account aggregation for all financial accounts, including checking and savings, investments, credit cards, student loans, mortgages and car loans. In all, Geezeo users can now automatically connect to account data from over 10,000 financial institutions.

Geezeos brokerage feature joins the ranks of other already introduced capabilities, such as mobile access, which allows users to check all of their balance information via text messaging, and transaction tagging, which gives users the ability to tag and track all of their monthly expenditures however they see fit.

Automated access to aggregated brokerage accounts has been our most requested feature request from day one, said Geezeo co-founder Shawn Ward. Geezeo users demand a holistic view of their finances when managing their money, and we are pleased to provide just that.

In addition to investment account aggregation, Geezeos goal is to provide its users access to valuable stock rating information in a community atmosphere. In the spirit of this community approach, Geezeo is partnering with The Motley Fool to integrate that groups innovative CAPS stock rating service, in which investors predict whether stocks will outperform or underperform the S&P 500 and over what time frame this will happen. CAPS ratings currently cover over 5,000 stocks and are generated from more than 1 million individual predictions.

"Both Geezeo and the CAPS investors believe there is strength in numbers. With this partnership, our users will have access to the best community-driven stock rating information available. Our users find support in community, and by including CAPS' real-time investor sentiment and ratings, we've created the perfect combination of social financial services," said Geezeo Co-founder Peter Glyman.

About Data Security

Geezeo takes every possible precaution to make sure that users financial information is secure. In addition, Geezeo provides a place where consumers can monitor every single one of their financial transactions, making it easier to notice any possible fraudulent transactions. For more information about Geezeos commitment to security, please visit https://www.geezeo.com/security.

About Geezeo

Geezeo (http://www.geezeo.com) is a social finance company that combines free, easy-to-use online personal finance tools with the power of social networking to provide the resources, information and motivation consumers need to achieve their financial goals. Founded in 2006, Geezeo is privately funded and based in Framingham, Mass.

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Dave Carlson
Geezeo
312-346-2006
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