Chimney wins Best of Show at FinovateFall 2023 for its newest product, Chimney Home
Chimney recognized with Best of Show award at Finovate for second time, with a game changing announcement for homeowners
NEW YORK, NEWYORK (September 18, 2023) — Chimney™, a fintech transforming how financial institutions use property data to engage and cross-sell homeowners, was named a Best of Show winner at FinovateFall 2023 for its newest product, Chimney Home, which uses a combination of modern property data and award-winning technology to help financial institutions better serve homeowners and compete with real estate sites like Zillow.
At FinovateFall, Chimney’s co-founder and CRO, Chase Neinken demoed Chimney Home – the first solution that combines financial data with a homeowner’s property data to enable financial institutions to make personalized offers and product recommendations for homeowners. Chimney Home impressed Finovate’s audience with its suite of innovative tools that financial institutions can use to drive engagement, inform product offers and grow loan volume, including Chimney Estimate, which gives banks a customer-facing home value estimate that keeps homeowners engaged with their brand.
To determine Best of Show winners, Finovate attendees were asked to rate presenters on the basis of the demo and the potential impact of the innovation. After two days of live demos from more than 60 innovative fintechs, attendees submitted their rankings and Chimney was one of the six companies with the most votes at this year’s event. This marks the second time Chimney has won this accolade, as the company was first named a Best of Show winner at FinovateSpring 2021.
“For over a decade, Finovate has maintained a reputation for being one of the most curated, fast-paced fintech conferences in the world and innovative fintech companies like Chimney are essential to this,” said Greg Palmer, VP of Strategy at Finovate. “We were happy to welcome them back onstage to demo this year. Congratulations to the team for winning Best of Show for a second time, which is quite the accomplishment!”
Chimney’s homeownership platform is the latest addition to the company’s product suite, which includes its award-winning financial calculators. The value Chimney provides has been consistently recognized by other key organizations within the financial industry as well, such as the Independent Community Bankers of America® (ICBA), which selected Chimney for its 2022 ThinkTECH Accelerator program.
“We are proud to congratulate Chimney on being named Best of Show for FinovateFall 2023,” ICBA Executive Vice President and Chief Innovation Officer Charles Potts said. “As an ICBA ThinkTECH Accelerator program alum, Chimney demonstrated its commitment to serving the needs of community banks and their customers and their latest recognition from Finovate is a testament to their efforts to drive innovation forward and deliver an improved customer experience.”
“It was an honor to be welcomed back to the stage for FinovateFall 2023 and our team was especially proud to be recognized as a Best of Show winner once again,” said Neinken. “Chimney Home is a game-changer, as it unlocks growth for financial institutions while creating better experiences for homeowners. Winning Best of Show at FinovateFall is further proof that financial institutions recognize the need to better serve homeowners.”
Millions of homeowners use Chimney’s tools and APIs to track home value, understand borrowing power, and easily access home equity - all right within their banking app. With its embedded financial platform, Chimney gives homeowners the personalized guidance and insights they need, when they need it, to make smarter financial decisions. By leveraging open bank data, Chimney’s platform enables financial institutions to engage homeowners with proactive product recommendations and other embedded offers unique to each homeowner’s financial situation. Chimney’s homeownership platform is the latest addition to the company’s product suite, which includes its award-winning financial calculators. A two-time Best of Show winner at Finovate, Chimney’s solutions are built for the digital age – designed to engage and win more customers, capture better customer data and move leads faster. That’s why the company is trusted by over 80 of the top financial institutions nationwide, including banks, credit unions and lenders. For more information, visit www.chimney.io.