Lakefront Finance Corp
Lakefront Finance is bringing yields to the next generation of fintechs, neobanks and yield generating products in a compliant and technically abstracted way.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
Related Content
Based in Redmond, WA, Lakefront Finance Corp. is a financial services company targeting the Gen Alpha, Gen Z, and Millennial demographics. The firm was launched in 2022 by Louis Brion and Christopher Heung, who both graduated from Stanford University in 2017. Their personal experiences navigating finances as young professionals in the technology sector highlighted a market gap for financial tools aimed at younger individuals with limited capital, which inspired the company's creation.
Lakefront Finance operates on a business model focused on democratizing financial accessibility. The company provides a soon-to-launch personal finance platform designed to enhance financial literacy and management for individuals between the ages of 13 and 30. Its core offering is a free, automated budgeting application that aims to simplify personal financial management. The service is designed to help a younger clientele envision and achieve financial goals, such as homeownership, by providing tools to understand their current financial standing.
The central product is a financial dashboard that analyzes a user's income and spending through connected financial accounts, including credit cards, debit cards, student loans, and investment accounts. This provides a comprehensive 360-degree view of an individual's financial situation. The platform utilizes data visualizations and predictive analytics to offer practical advice and personalized budgeting recommendations for achieving long-term milestones. Key features include automated transaction categorization, real-time budget syncing, and forecasting tools that help users set realistic goals like debt elimination or early retirement.
Keywords: personal finance, financial literacy, budgeting app, financial planning, Gen Z finance, Millennial money, investment tools, debt management, financial dashboard, automated budgeting, expense tracking, savings goals, financial analytics, youth finance, wealth building, retirement planning, student finance, income and expense analysis, financial visualization, economic empowerment