Accenture has revealed the eighth cohort of its FinTech Innovation Lab London - Business Insider

The startups all fall under the categories of capital markets, enterprise tech, insurtech, open data, or regtech. Participants include BITA, Globacap, Hazy, USEncryption, Bewica, ThePensionLab, Cerebreon, Ducit AI, Apiax, and Norbloc. Of note, this year's cohort marked a 50% increase in the number of female founders compared with last year's.

The consultancy has various accelerators across the world, and startups get access to a variety of mentors who can help them make their solutions more successful. Apart from London, Accenture has fintech accelerators in New York and Hong Kong. Across all accelerators, alumni startups have raised a total of over $2 billion in VC funding, with the London Lab accounting for $500 million across 94 startups.

Participants in the three-month program get to partner with senior executives from over 40 financial institutions as mentors to further develop and enhance their business models and technologies. With mentors from across Accenture's broad client base, each startup has the opportunity to find a suitable partner to fine tune their solutions. Additionally, being introduced to many financial institutions can help participants find first clients for their solutions.

The London accelerator has some prominent fintechs as alumni, but participation does not guarantee success. For example, open banking fintech Bud was part of Accenture's accelerator in

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Store closures reached a new high in 2019 - Business Insider - Business InsiderWhile 2019 saw a record number of store closures, some retailers are giving stores new value by using them to facilitate e-commerce orders: Retailers can follow Walmart & Target that embraced buy online including pickup in-store offerings for consumers to pick up their orders.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

CEO of WeWork-advisor Perella Weinberg says office-sharing business 'really, really good''Having gotten so involved in this, the core of the business is a really, really good business,' WeWork advisor Peter Weinberg says. really, really good = sell f-ing amazing!!! = hold and buy Lol
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Receipt Bank scoops up $73 million to help businesses with digital bookkeeping - Business InsiderReceipt Bank will likely continue to attract more clients with its digital bookkeeping platform after scooping $73 million in funding.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Joining a 'mastermind group' could help your business thrive in 2020 — here's how - Business InsiderBeing a solo entrepreneur is a daunting task — but joining a mastermind group can offer some vital support.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Recession fears are the top concern for health CEOs globally as we enter 2020 - Business InsiderBusiness Insider Intelligence breaks down international situations that add to health market instability causing CEOs' anxiety for 2020 and beyond. More scare mongering?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »