Finovate Alumni News– September 30, 2011

• Reuters advises opening a BankSimple to avoid bank fees.

• Fox Business News interviews Bill Harris, CEO of Personal Capital, on the startup’s services. 

• Digital Stock Market recommends using Yodlee or Mint to help control your spending.

• eToro makes its blog available as a WebTrader widget. 

• SmartMoney discusses Personal Capital’s advisor video chat feature.

• Q2ebanking adds its mobile app to the Android marketplace.

• Xero wins K2 Quality award for SaaS.

• SecondMarket puts itself up for sale using its own site, SecondMarket.

• Wall Street Survivor announces the winners of the August Stock Game Giveaway.

• Lifehacker advises using BrightScope to analyze your 401(k) during a “financial bootcamp day.” 

• eToro wins 3 World Finance Awards.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Wall Street Survivor Teaches Financial Concepts Through Hands-On Experience

Today, Wall Street Survivor demoed a platform that provides hands-on practice to aspiring investors:

“It couples a real-time stock market simulator with content to provide missions. Missions are a set of tasks that teach financial concepts such as creating a portfolio, researching stocks and mastering different trading strategies. Users learn through content and are given virtual cash to test their knowledge on the stock market simulator. Badges and rewards keep users engaged to keep pursuing missions. Wall Street Survivor also has leagues, where users can create their own virtual stock market competitions with their friends or join Wall Street Survivor’s leagues where the top traders win real cash.”

Product Launched: September 2011

HQ Location: Montreal, Canada

Company Founded: 2007

Metrics: 350,000 registered users, 3.5 million page views per month

Website: wallstreetsurvivor.com

Presenting Rory Olson (CEO) & Justin Evans (CPO)