AlgoPear
AlgoPear is a wealth-tech platform designed for credit unions and banks, focused on enhancing financial wellness and wealth-building for Gen Z and Millennial members. Their AI-powered solution, SeleneAI, integrates seamlessly into existing digital banking platforms to offer personalized financial journeys, gamification, and educational tools. The platform aims to attract and retain next-generation members by providing features like a high-yield account, fractional investing starting from $1, and personalized portfolio generation. AlgoPear also offers back-office AI intelligence for institutions, enabling smarter segmentation, faster marketing, and real-time insights. Their business model appears to be SaaS, with pricing tiered for institutions based on account holders or AUM, and they emphasize a white-glove integration and security compliance (SOC 2 Type II, FINRA and SEC approved).
AlgoPear
AlgoPear is a wealth-tech platform designed for credit unions and banks, focused on enhancing financial wellness and wealth-building for Gen Z and Millennial members. Their AI-powered solution, SeleneAI, integrates seamlessly into existing digital banking platforms to offer personalized financial journeys, gamification, and educational tools. The platform aims to attract and retain next-generation members by providing features like a high-yield account, fractional investing starting from $1, and personalized portfolio generation. AlgoPear also offers back-office AI intelligence for institutions, enabling smarter segmentation, faster marketing, and real-time insights. Their business model appears to be SaaS, with pricing tiered for institutions based on account holders or AUM, and they emphasize a white-glove integration and security compliance (SOC 2 Type II, FINRA and SEC approved).
TL;DR
Sector: Wealth-tech / Embedded investing for credit unions & banks
Flagship product: Selene (AI-powered embedded investing & financial-wellness platform)
Headquarters: Dallas, Texas, United States
Founders: Ronnie M. Green (Co‑Founder & CEO); Ben Malena (Co‑Founder & CMO)
Employee count (reported): 5
Pre-seed round on 2024-02-01
Company Overview
Problem Domain
Improving member engagement, deposit retention, and wealth-building services for credit unions and community banks through embedded fintech capabilities.
Industry
Fintech / Wealth-tech
Funding Track Record
Pre-seed round announced on June 22, 2022 (amount not specified in provided evidence).
Most recent disclosed pre-seed round on February 1, 2024; specific amount per round not provided in evidence, but total funding reported as 1,220,000 USD.
Investor Signal
“NOEMIS Ventures and angel investor Delvin Cohns are among disclosed investors”