SoMoLend to Present at FinovateSpring in San Francisco

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CINCINNATI— Candace Klein, CEO and Founder of SoMoLend (http://www.somolend.com/), will present at FinovateSpring in San Francisco May 8 and 9. Organized by the Finovate Group, Finovate is a showcase of the newest financial and banking technology innovations from leading established companies and young startups.

“Finovate features the latest developments and many of the thought leaders in the fintech industry. I am honored to be among this year’s presenters and am excited to see what the other participants bring to the table,” said Candace Klein, CEO and Founder of SoMoLend. “With the recent signing of the JOBS Act into law, we have an opportunity to highlight crowdfunding technology and how it will open so many doors for entrepreneurs seeking financing. This is a great time for our industry.”

“SoMoLend’s innovative crowdfunding platform and Candace’s expertise in entrepreneurship and alternative forms of finance for small businesses makes her an ideal Finovate presenter,” said Eric Mattson, CEO of The Finovate Group. “Crowdfunding is a cutting-edge area in fintech innovation and we're excited to have SoMoLend demo their new platform at FinovateSpring 2012.

For more information about Finovate, visit http://www.finovate.com/spring2012.

SoMoLend is an alternative borrowing platform that offers new solutions for small businesses to obtain the money they need to launch and sustain their operations. SoMo’s software is designed to use the Web to match borrowers with lenders, connecting business borrowers with investors looking to make a return on investment.

The SoMo website is currently live in its Beta phase. Small business borrowers nationwide are encouraged to sign up today. To learn more, visit https://www.somolend.com/, or http://www.facebook.com/SoMoLend.

About Somolend

SoMoLend is a Web-based lending platform that uses patent-pending technology to connect small business borrowers with individual and organizational investors (lenders), executed within a hyper-localized geographic scope. SoMoLend’s user-friendly technology allows small business borrowers to obtain loans from friends, family, customers, community supporters and interested organizations as well as from Facebook, Twitter and LinkedIn connections. For more information, visit http://somolend.com/ or http://somolend.wordpress.com/.

About FinovateSpring

 FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Francisco, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit http://www.finovate.com/spring2012.