The FinTech Innovation Lab is in its 7th edition, an impressively long run.
Can you tell us a little bit of the lab’s evolution over the years?
We began in New York City in 2011 as a collaboration between Accenture and the Partnership Fund for NYC. We wanted to help FinTechs scale. Over the years, we have seen growth thanks to the support of many active executives from major banks and insurers around the world who recognised the role of the ecosystem in creating new business models.
We quickly branched out to London in 2012, and Hong Kong in 2014. As a firm, it’s great to see the growth of our global FinTech community, and learn how different flavours of culture, local regulation and talent, work to shape the respective startup propositions.