Microinvesting technology firm Vesdia Corp. has obtained a U.S. Patent entitled “Promoting Savings by Facilitating Incremental Commitments Made with Credit Card and Other Consumer Initiated Transactions.”
Vesdia says the patent encompasses methods central to the microinvesting model, including tools and techniques for directing funds on behalf of a consumer into a savings or investment vehicle.
The patent, which includes 26 claims on methods and systems for facilitating savings, is expected to benefit Vesdia by creating barriers to competitive entry, the company says.
“This patent enhances our intellectual property portfolio and greatly increases our intrinsic shareholder value,” stated Vesdia President and CEO Peter Davis. “There is no doubt it serves to further confirm Vesdia’s leadership position in the field that we have pioneered.”
Vesdia: www.vesdia.com
