Twenty innovative startups, chosen from among more than 300 fintech entrepreneurs around the globe, will take part in Accenture’s 12-week programme FinTech Innovation Lab London.
Fintechs offering artificial intelligence (AI), blockchain, and gamification technology for banks and insurers are among the selected startups in this year’s programme, which for the first time includes a dedicated stream for insurtech entrepreneurs, a press release unveils.
Eight of them will be eventually selected to present at the programme’s Graduation Day on the 30th of March 2017 to a group of venture capitalists and financial-industry executives.
Tom Graham, programme director of Accenture’s FinTech Innovation Lab London said:
The transformation requirements that the financial services industry must undertake to remain relevant arguably pose a bigger challenge than the immediate geo-political uncertainty casting a shadow over the industry. Innovation must continue.
The shortlisted ventures will be partnering with mentors from 28 financial institutions who will help them to fine-tune and develop their technologies and business models.
This year’s programme also received the greatest number of applicants, with increased interest from startups in the Middle East, Turkey, Russia, the Nordics, and North America.
The video below highlights on 2016 programme which saw 15 startups participating in the Lab.