Seven FinTech Startups Selected for Innovation Lab in London

February 5, 2013
By

shutterstock_118290400Seven financial startups have been selected to take part in a startup accelerator project led by the technology and consulting firm Accenture.

For the next 12 weeks, the startups will be housed at a Canary Wharf “accelerator” facility known as Level 39 (more on the amenities at Level 39 below) as part of the FinTech Innovation Lab London.

The seven startups are:

  • BehavioSec, a Swedish biometric security firm
  • Calltrunk, a call recording software company headquartered in London
  • Digital Shadows, a London-based cybersecurity company
  • Growth Intelligence, a market intelligence company also based in London
  • Kiboo, creators of personal financial management software for young people based in New York
  • Open Bank Project, a German company that has released an open-source API for core banking processes
  • Waratek, makers of cloud development tools based in Dublin.

An array of financial services companies are supporting the Innovation Lab, including Bank of America Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Lloyds Banking Group, Morgan Stanley, RBS, and UBS.

ComputerWorld UK writes that the sponsors will provide mentoring for the startups:

The project will provide senior-level mentoring from financial services, venture capital and angel investment firms, through a series of panel discussions, workshops, coaching and networking. At the end of the project, the chosen startups will get the chance to present to the potential investors at an Investor Day.

Accenture has held a similar Innovation Lab in New York in partnership with the New York City Investment Fund. In London, the Innovation Lab is getting “support” from the Mayor of London, the City of London Corporation and the Technology Strategy Board.

Meanwhile, Level 39 appears to be a conducive location for high-tech hard work. Coffee comes out of a tap controlled by an iPad.

Share It:

Tags: , , , , , , , , , , ,

2 Responses to Seven FinTech Startups Selected for Innovation Lab in London

  1. consumer credit counseling rochester ny on June 7, 2013 at 1:29 am

    What a stuff of un-ambiguity and preserveness of valuable knowledge on the topic of unpredicted
    emotions.

  2. Tobie on March 26, 2014 at 12:20 pm

    Kiboo looks like a great product to use.

    But this is the deal breaker with all co-operative issued banking cards and bins; No Interest Offered On Positive Balances…

    The term “Saving” and/or “Saving Activity” refers to a non-spendable component of your Kiboo MasterCard® Prepaid Card that is segregated from the funds on your Kiboo Card. It is not a savings bank account and the funds do not earn interest.

Leave a Reply

Your email address will not be published. Required fields are marked *




Archives