11th FinTech Innovation Lab New York Selects 10 Companies

USA – The 2021 edition of the FinTech Innovation Lab New York selected ten emerging technology companies.

FinTech Innovation Lab New York is a 12-week program founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage enterprise tech companies accelerate product and business development through in-depth engagement with top financial services and venture capital executives.

This year’s participants are helping financial institutions address key societal challenges, including managing climate risk, operating more sustainably, and developing improved digital products for customers. Their solutions use technologies such as artificial intelligence (AI), machine learning and advanced data analytics. 

The participants are:Selected by senior technology executives from the Lab’s 44 participating financial institutions, the 10 fintech companies will spend the next 12 weeks receiving intensive product and business-development advice, as well as mentoring, from senior executives in the financial, technology and venture capital sectors. Due to the COVID-19 pandemic, the Lab will again be conducted virtually this year. The 10 companies will highlight the progress they have made with the financial institution partners in a virtual presentation on June 24 to executives across the banking, insurance, capital markets and venture capital sectors.

Executives from the following participating financial institutions provide mentorship and assistance to the Lab: AIG; AllianceBernstein; Ally Financial; American Express; Aon; AQR Capital Management; AXA XL; Bank of America; Barclays; BlackRock; BNP Paribas; BNY Mellon; Capital One; Chubb; CIT; Citi; Credit Suisse; Deutsche Bank; Fidelity Investments; Global Atlantic; Goldman Sachs; Guardian Life; JPMorgan Chase; KeyBank; Marsh McLennan; Mastercard; Morgan Stanley; New York Life; NFP; Prudential Financial; Rabobank; RBC Capital Markets; Société Générale; Sumitomo Mitsui Banking Corporation; Synchrony; The D. E. Shaw group; The Hartford; The Travelers Companies, Inc.; TIAA; U.S. Bank; UBS; USAA; Wells Fargo; and Zurich North America.

Supporting venture-capital firms include: Anthemis; Bain Capital Ventures; Canaan; Canapi Ventures; Contour Venture Partners; FinTech Collective; Nyca Partners; Oak HC/FT; Rho Ventures; RRE Ventures; and Warburg Pincus.11/04/2021