July 20th, 2016 marked the date of Startupbootcamp FinTech New York’s inaugural “wrecking ball”- themed Demo Day. Not only was the event notable for Startupbootcamp FinTech New York, but it was also significant for Startupbootcamp as a whole, marking the global accelerator network’s first ever Demo Day event in the United States!
— Startupbootcamp (@Sbootcamp) July 20, 2016
Over 500 attendees, including Angel investors, VCs, corporate partners, industry experts, friends, and family all travelled to Metropolitan West in Manhattan, New York to celebrate the culmination of a three-month accelerator program geared towards ten of the top FinTech startups in the world.
“Our Demo Day is the culmination of all of the hard work our startups and partners have put into making the most out of this opportunity. We are so proud to see all of our teams improve and were thrilled to share this with the New York FinTech community” said Jesse Podell, Managing Director of Startupbootcamp FinTech New York
Startupbootcamp Managing Directors from programs around the world also attended to show their support for the New York FinTech program.
The exclusive, invite-only event featured Keynote speaker Adrienne Harris, Special Assistant to the President for Economic Policy at the White House, who discussed the importance of innovation and change in the finance today.
— Breaking Bank$ Radio (@Breakingbanks1) July 21, 2016
The event also attracted press including Breaking Banks Radio who profiled Startupbootcamp FinTech New York’s Demo Day the day after the event, with a dedicated show, showcasing interviews with a number of startups from the cohort and a pre-recorded report from the event.
As well as TV Tokyo, one of Japan’s largest TV networks focused on global business news, who filmed the Demo Day event and interviewed a few of the startups throughout the program for a FinTech segment they will be releasing before the end of the summer.
The 10 teams in the Startupbootcamp FinTech New York 2016 cohort presented multiple times throughout the event, engaging with Angels, investors and VCs, through intimate pitch booths which used the Startupbootcamp FinTech Silent Demo Day format.
The New York 2016 FinTech startups are already starting to see the results from the Startupbootcamp accelerator securing partnerships, expanding networks and gaining investments.
We are extremely proud of our first Startupbootcamp FinTech New York cohort. Below are the startups showcased at Startupbootcamp FinTech New York Demo Day:
- AlphaPack: Technology that empowers banks and credit unions to innovate faster
- CFX: Centralized trading platform for alternative assets
- Factury: A blockchain-based loan verification and trading platform facilitating transparency and liquidity
- Fluent (Entrepreneurs in Residence): An enterprise blockchain platform for trade and the financial supply chain
- Lawnmower: Bitcoin & blockchain asset investment platform
- RepreZen: Eliminating friction by connecting old and new systems with fast and flexible API design tools
- Seal: Easy smart contracts for individuals
- token: Making payment fraud a thing of the past
- Vendormach: Real-time supplier trust scoring
- Visualize Wealth: The next generation of mobile investment reporting
Why “Wrecking Ball” ?
The financial services industry is notorious for its inefficiency and resistance towards implementing innovative technologies. For years, the outdated dogma of finance has stood firm and tall, overshadowing all those who seek to implement change. However, the amalgamation of the frustrations of financial services professionals and 21st-century technology have brought about a force to be reckoned with, FinTech.
About Startupbootcamp FinTech
Launched in 2014, Startupbootcamp FinTech is the leading FinTech accelerator and the only program of its kind to attract such wide industry support. Based in London, New York and Singapore, its partners include MasterCard, Thomson Reuters, Accreditation@IDA, Intesa Sanpaolo, DBS Bank, RHB Bank, CIMB Bank, PwC, ThinkZone, Infocomm Investments, Jungle Ventures and Pix Vine Capital, as well as an extensive mentor and alumni network from more than 50 countries across the globe. The accelerator offers FinTech startups access to world-class industry expertise during an intensive three-month program. At the end of the program, startups pitch at Demo Day to more than 500 investors and individuals from financial services.
Founded in 2010, Startupbootcamp is a global startup accelerator with 15 programs in Amsterdam, Barcelona, Berlin, Rome, Istanbul, London, Miami, New York,and Singapore. More than 325 startups have been accelerated by Startupbootcamp of which 79% are still active. For more information visit:
- Facebook: https://www.facebook.com/startupbootcamp
- Twitter: https://twitter.com/sbcFinTech