Menu visibility control

Video

Events

Startup Surgery

Most Recent

Tech City Voices

Spring Budget 2017: The key takeaways for tech entrepreneurs

News

Top tech stats: Job automation, driverless cars and much more

News

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more

Press Releases

Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

15 startups selected for Accenture’s 2016 FinTech Innovation Lab London

London cityscape
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

A total of 15 FinTech startups have been selected to take part in Accenture’s 2016 FinTech Innovation Lab London.

The lab, launched by Accenture in 2012, is a collaboration between Accenture and 16 leading financial institutions, including Barclays, Citi, Goldman Sachs, HSBC and JPMorgan.

Those selected to take part in this year’s program are: AimBrain, Albert, AlgoDynamix, Clausematch, Contego, Crowdaura, Cutover, PassFort, PayKey, Quotip, SBDA Group, Talent Rank, Undo, Voleo and ZeroDB.

Startup Weekly: Barclays hackathon, BMW FinTech cohort & more

Among the ideas to be developed in the lab are an application of blockchain technology, cognitive computing and real-time risk detection.

Mentoring programme

During the 12-week mentoring program, FinTech entrepreneurs will be able to accelerate product development while the participating banks will gain exposure to innovative technologies.

“The disruption of financial services by FinTech entrepreneurs continues at speed” said Richard Lumb, group chief executive of Financial Services at Accenture.

He went on to say that Accenture is “incredibly excited” about working with this year’s entrepreneurs, with the aim of making banking better, cheaper and faster.

“They offer some exciting innovations and have demonstrated exceptional creativity in what has been a record breaking year for applications from more than 30 countries, confirming that London is very much the centre of Europe’s thriving FinTech community,” he added.

Level39

The Innovation Lab will be hosted at Canary Wharf’s Level39, which is a prominent hub for FinTech innovation.

Contego CEO Adrian Black said he is looking forward to working in the collaborative environment at Level39 and “working with potential future customers to validate and refine the Contego proposition, gain valuable insights into the banking sector and develop strong relationships with senior industry executives”.

His company runs real-time and comprehensive checks on people, companies and ID documents for financial services businesses.

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Big Ben Spring Budget 2017

Spring Budget 2017: The key takeaways for tech entrepreneurs
posted 2 hours ago

jobs automation top tech stats

Top tech stats: Job automation, driverless cars and much more
posted on March 25, 2017

Startup Weekly

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more
posted on March 24, 2017

London skyline

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC
posted on March 24, 2017

The North of England

The top tech hubs in the North of England
posted on March 24, 2017

TWIT Emily 23.03.17

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech
posted on March 24, 2017