Apply: New York

Applications for the FinTech Innovation Lab New York are open. Learn more about what to expect from our program below.

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Who Should Apply

  • Early- and growth-stage technology companies with innovative solutions for financial institutions and insurance companies.
  • Non-fintech, growth-stage companies interested in serving financial services and insurance clients
  • Companies interested in collaborating with the Lab’s financial institution partners. Historically, companies in the Lab have ranged in stage from Seed to Series B.

There is no fee to apply.

Requirements

  • Companies with a solution that can be tested and deployed.
  • Proven track record of successfully integrating with customers.
  • If selected, core members of the company must participate virtually during New York working hours for the 3 months of the program (late March-late June).

Areas of Interest

In surveying the CTOs/CIOs of Lab’s partner organizations, the business priorities centered on a few major themes for financial institutions and insurance companies.

Specific areas of interest for fintechs and insurtechs are (but not limited to):

  • Data: Alternative and synthetic data, predictive analytics, artificial intelligence (AI) based insights, unstructured data, new data sources, fraud management in insurance, and data privacy
  • Digital Client Engagement: Client acquisition and retention; product customization; and experience personalization
  • Future of Work: Talent sourcing, onboarding, engagement and retention; virtual and hybrid experiences
  • Inclusion & Diversity: Financial wellness and inclusion (un-banked – and under-banked), and diversity
  • Metaverse/Web 3.0: Distributed ledger technology, blockchain, digital assets, cryptocurrency solutions, decentralized finance and insurance; smart contracts, customer experience, digital twins, and e-commerce enablement
  • Payments: Global commerce, foreign exchange transactions, and infrastructure modernization
  • Risk and Compliance: Automation, risk assessment, regulatory compliance, digital identity and security solutions, and records management
  • Sustainability: Environmental, social, and corporate governance (ESG); carbon solutions; risk identification, reporting and mitigation; sustainable investment; and education solutions

Solutions in these areas can incorporate Artificial Intelligence, Machine Learning, Natural Language Processing, Enterprise Architecture, and Cloud Utilization (and more) across banking, insurance, investment management, capital markets, payments, CFO/treasury and other corporate functions

While the above list are our partners stated priorities, if you are developing a new solution that is not on this list but relevant for financial services—and cutting edge—we welcome you to apply as well.

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Frequently Asked Questions

Yes, you can still apply. However, you must have eligibility to work in the United States and/or obtain visas on your own. The FinTech Innovation Lab will not sponsor visas.

Yes, but you must disclose your affiliation on your application form.

Yes, you can apply to the program even if you have received funding. If you have, please be sure to include details regarding past rounds of financing.

Please note this concern in the “additional information” section at the end of the application along with the name of the firm with which there is a potential conflict. That firm(s) will not have access to your application during the initial review process. However, they will have access to the elevator pitch and basic corporate info (i.e. company name, address, contact).

The FinTech Innovation Lab New York focuses on early and growth-stage companies with at least a beta technology/product, especially those which will benefit from the senior access and relationships at the Lab’s fourteen participating financial institutions. We are also interested in growth stage companies that have a product being deployed outside financial services that are interested in entering the financial services vertical.

Your company’s core team must stay in New York City for the duration of the 12-week program.

There is no fee to apply.