Rebirth Financial, the New Orleans-based person-to-business lending marketplace that recently secured nearly $400,000 for NOLA Brewing, announced today that it was selected to present at the finance industry’s premier innovation conference- FinovateFall – in New York, September 20-21. Rebirth Financial has a new financial technology breakthrough that it plans to demonstrate to 1,000 financial industry leaders. They will also be demoing their new JAS Rating System: a first-of-its-kind scoring system to determine the financial health of a small business.
“It is a true honor to be included in FinovateFall,” said Chonchol Gupta, CEO and cofounder of Rebirth Financial. “It is proof that startup companies around our country can make a difference and ultimately change the face of an industry forever.”
Senator Mary Landrieu, Chair of the Senate Small Business and Entrepreneurship Committee, said, “Rebirth Financial epitomizes Louisiana ingenuity. I constantly hear from small businesses across the nation about their struggles to gain access to capital. I am pleased to see an innovative business growing its roots in Louisiana. I hope investors take an interest in Rebirth’s business and start bringing capital to the entrepreneurial community. I congratulate Rebirth Financial on their success, and I look forward to seeing their progress as we work to rebuild the New Orleans area.”
Rebirth Financial is just the second company from Louisiana to ever present at Finovate. Ben Johnson, CEO of the New Orleans Chamber of Commerce said, “Not only is this the biggest announcement coming out of the New Orleans Financial arena in recent memory, but it shows the determination to rebuild small business’ of New Orleans and the rest of the United States.”
“Presenting at Finovate is a tremendous accomplishment for Rebirth Financial. This opportunity validates their revolutionary approach to making capital more accessible to small businesses. Rebirth Financial is at the forefront of small business lending tools that are sure to help more entrepreneurs expand their businesses, create jobs, and help revitalize communities, ” said Mark Quinn, the Conrad N. Hilton Endowed Chair in Entrepreneurship and director of the Xavier University Entrepreneurship Institute, and former Executive Director of the Greater Newark Enterprises Corporation, a certified Community Development Financial Institution of the US Department of the Treasury.
Rebirth Financial is a former Idea Village Portfolio Company and was started by two Tulane MBAs, Chonchal Gupta and Xavier Cabo.