LOS ANGELES--(BUSINESS WIRE)--Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, was awarded Finovate’s Best of Show recognition at their London event this past week.
“Being awarded Best of Show at an event filled with industry leaders shows the value Virtual Piggy brings to the market, and we’re looking forward to continued growth through the rest of 2013.”
Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering youth under 21 to make purchasing, saving, and other money management decisions for themselves, within the boundaries setup by parents.
“FinovateEurope was filled with very exciting presentations from many companies,” said Eric Mattson, CEO at Finovate. “When it came to Best of Show, Virtual Piggy was an easy choice. Their solution for monetizing the youth market is a game changer, and they continue to improve their service with their new and improved mobile application and integrations such as PayPal Access.”
“We are extremely proud to receive this recognition from Finovate,” said Virtual Piggy Founder and CEO Dr. Jo Webber. “Being awarded Best of Show at an event filled with industry leaders shows the value Virtual Piggy brings to the market, and we’re looking forward to continued growth through the rest of 2013.”
For information about Virtual Piggy visit www.VirtualPiggy.com
About Virtual Piggy, Inc.
Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. The technology company delivers online security platforms designed for the Under 21 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. Virtual Piggy enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com
FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateEurope is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit www.finovateeurope.com.
Safe Harbor Statement
All statements herein other than statements of historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our dependence on third party developers, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments, enforcement of our intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Forms 10-K filed with the SEC, and other filings with the SEC.