– 10 startups chosen following 400 applications
– Program backed by Deutsche Bank, Route 66 Ventures, WilmerHale, Rabobank, MasterCard, Thomson Reuters, and Santander
New York, 15 March 2016 – Startupbootcamp FinTech, the leading accelerator focused on financial innovation, has announced the 10 international startups selected to join its New York program. The finalists, which include teams from across the world, have been chosen by a panel of industry experts, including representatives from Startupbootcamp FinTech’s partners.
The selected cohort reflect important innovations and trends that are occurring within FinTech, including Blockchain, Security and Wealth Management, which are becoming increasingly important and industry changing initiatives that consumers and businesses are becoming more focused on in the Americas. They will join the ever-expanding list of successful startups that have been through the Startupbootcamp programs globally.
Details about each of the 10 selected teams can be found at the end of this press release.
From 18 April, the successful startups will benefit from extensive mentorship from 400+ entrepreneurs, investors and corporate partners, helping to guide each company through the ‘Shape’, ‘Build’ and ‘Sell’ stages of development and scaling across the United States. A series of masterclasses are offered on topics ranging from lean to legal, and focused partner days on media, investment and sales.
As well as access to mentorship, each team will receive $20,000 and four months free office space at New York’s startup hub Grind, powered by Verizon, at 140 West Street. Through working with the partner firms, Startupbootcamp FinTech finalists will also have access to pilot customers, industry data, APIs and capital.
Jesse Podell, Managing Director at Startupbootcamp FinTech commented: “Following the launch of the New York program, we have received an overwhelming response. We received over 400 applications from startups through online applications and 13 FastTracks around the world. 20 impressive startups were selected from over 10 countries to participate in our Selection Days. We are extremely excited by the caliber of talent who made it through the process of our first program in New York and we look forward to witnessing their growth through the Startupbootcamp Fintech accelerator.”
After three months of acceleration, the 10 teams will be invited to present their companies to 500+ investors, mentors and partners during Demo Day. Following Demo Day, startups will also have access to the Alumni Growth Program, a global network of 2,000+ mentors, 2,000+ investors, 125+ startups, and exposure to startup hubs in London, Singapore, and New York.
The 10 teams selected to join the 2016 Startupbootcamp FinTech New York program are:
AlphaPack – AlphaPack provides a web platform that helps people achieve their financial goals using bank or credit union services. The product is designed to be white-labelled and distributed by individual financial institutions to deepen their relationship with existing customers and provides personalized banking recommendations to users while helping staff discover cross-sell opportunities. The platform includes an open API that reduces integration cost, enables construction of custom analytics, and helps share insights across an institution’s digital and branch resources.
CFX – CFX Markets is the secondary market for crowdfunding assets. CFX provides an open and secure network to facilitate secondary market transfers of private securities in alternative asset classes. The CFX platform provides the option of liquidity to the 8.7 Million accredited investors who invest nationwide in the crowdfunding industry. The secure online market connects various leading crowdfunding portals across the industry.
Factury – By leveraging blockchain technology to improve enterprise-wide operational efficiencies, Factury provides a smart invoice payment system with APIs for authorized third parties – banks, insurance companies and debt collection agencies.
Kyper Data – Kyper Data Marketplace allows users to view and buy professional-grade data, instantly. Kyper delivers the data you want via the API that you need. Whether you’re a financial analyst, researcher or developer, you can access purchased data in Excel, Python, R or Curl.
Lawnmower – Lawnmower is an iOS & Android app that automatically purchases bitcoin through a user’s linked Coinbase account based on the spare change generated from traditional purchases. Users can sign up for a Coinbase account through the Lawnmower app and link a financial account for Lawnmower to watch for spare change over time. Users can customize the amount and frequency of their purchases via a custom spare change multiplier and purchase threshold features, check their investment statistics over time, and cash out at any point.
RepreZen – RepreZen API Studio is the first enterprise-class API design platform, built from the ground up to meet the demands of large-scale integration programs. While other tools only address individual APIs, RepreZen optimizes at the organizational scale, aligning interfaces and streamlining integration from application-level micro services to federated enterprise service architectures.
Seal – Seal is a revolutionary, mobile-first service to allow people to rapidly formalize and secure agreements which are currently made verbally, or informally, without a legally binding framework.
System Financial – System Financial automates paying off your debt, building savings, and investing on your behalf. The app separates spending money from everything else so you always know how much you can safely spend without doing math. The company earmarks money for all upcoming bills and credit card transactions so you never are late with payments.
token – token adds an identity protection layer between the cardholder and the payment ecosystem (the credit card companies, banks, etc.) that you control. This way, Instead of using your own payment card details and your own identify, token creates an alter-ego like identity for your card and.
Viziphi – Viziphi provides tools for financial advisors to construct better portfolios & analyze the market. Viziphi allows financial advisors to analyze different areas of the market, construct portfolio backtests, understand risk sources & how it’s changed, and share hi-resolution visualizations.
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About Startupbootcamp FinTech
Launched in 2014, Startupbootcamp FinTech is the leading FinTech accelerator, and the only programme of its kind to attract such wide industry support. Based in London, New York and Singapore, its partners include Lloyds Banking Group, MasterCard, Rabobank, Thomson Reuters, Bank of Scotland, arvato Financial Services, Halifax, My Order, DLL Financial Solutions, MJ Hudson, Route66 Ventures, Deutsche Bank, WilmerHale, Grind, Intesa Sanpaolo, DBS Bank, RHB Bank, CIMB Bank, PwC, IDA, Infocomm Investments, Jungle Ventures and PixVine Capital, as well as an extensive mentor and alumni network from more than 50 countries across the globe. The award-winning accelerator offers FinTech startups access to world class industry expertise during an intensive three month programme. At the end of the programme, startups pitch at Demo Day to more than 500 investors and individuals from the financial services industry.
Founded in 2010, Startupbootcamp is a global startup accelerator with 12 programs in Amsterdam, Barcelona, Berlin, Istanbul, London, Miami, New York and Singapore, and a mentor and alumni network in more than 30 countries. More than 300 startups have been accelerated by Startupbootcamp of which 79% are still active. For more information visit: www.startupbootcamp.org