Run by Accenture

Why Accenture FinTech Innovation Lab?

Run by Accenture, London’s FinTech Accelerator Lab helps start-ups to build connections with relevant decision makers, gain valuable insights to take businesses to the next level, and catapult visibility with the people who matter. A community framework with a global reach.

CONNECT

“12 months of BD in 12 weeks” – coaching from, and access to market leaders & industry executives.

COLLABORATE

Mentoring from elite pool of entrepreneurs, business leaders, investors and legal experts.
Exposure to our 40 partner FS Institutions. Access to the full breadth
of Accenture’s offerings, including; Strategy, Technology, Interactive, Security and more to accelerate growth.

CREATE

Scale your organisation faster as part of a community dedicated to helping you succeed. Proposition coaching from industry product, innovation & digital experts. Centralised Accenture-driven marketing to promote all participants, including a market facing Graduation Event with industry leaders and media representatives.

LONDON LAB IMPACT

Raised Post Fintech Lab

London Alumni

FS Partners

Proof of concepts executed

2020 Cohort Timeline

AUG – DEC 2020

Key dates for your diary: Pitch and Demo sessions with financial service executives to discuss your business from November 23 – December 4.

JAN – MAR 2021

A schedule of weekly workshops, mentoring sessions & partner events culminating in a demo day showcasing your technology to financial service executives, investors and journalists.

Key dates for your diary: To fully benefit from the experience your core management team will need to be available from January 11 to March 25.

MAR 2021 – ONWARDS

The Lab is just the beginning; our supportive alumni community will provide you with the framework to facilitate your continued growth journey.

Our International Labs: Hong Kong & New York.

ALUMNI PERSPECTIVES

“The FinTech Innovation Lab is an incredible program that provides tangible value to growing FinTechs. Through informative workshops, insightful mentors, and strong corporate partners, FIL propelled us to the next level”

Chang Hun Yoo, CEO, swIDch
“The FIL program was incredibly valuable - delivering endless tools, resources and guidance to help companies understand what is needed to operate, scale and grow in order to achieve success.”

Myles Milston, CEO, Globacap
“The Fintech Innovation Lab is without a doubt the BEST way to grow a fintech in London. We found commercial opportunities in the Lab that would have been unimaginable anywhere else.”

Matt Allan, CTO, FinTech Sandpit
The Lab provides unparalleled access to key decision makers within some of the largest financial institutions. A priceless opportunity to validate product market fit, test out new ideas and build relationships with the people that matter.

HUB85
The Fintech Innovation Lab has been hugely beneficial. We have been able to carry out 12 months worth of market validation and proposition refinement within 12 weeks. If that's not acceleration I don't know what is.

OpenWrks
The Lab opened up opportunities we simply had not considered. As a result of the Lab, we have evolved both our product and go to market strategy. I'd recommend the Fintech Innovation Lab to any ambitious Fintech looking for unrivalled access to financial services firms.

Xelix
The FinTech Innovation Lab provided the single biggest turning point in our business. It was fantastic in deciphering what is right and what is wrong about our business model. The Lab provided exposure to some of the most senior execs in the largest global financial institutions in a very short period of time.

FinSuite
The FinTech Innovation Lab helped to guide FinGenius through the phenomenal complexity of the financial services industry and to get our Artificial Intelligence proposition in front of the decision makers in major banks. We met more than 600 people from 12 banks during the three-month programme, and began working with eight of these banks after the programme ended. It would have probably taken us two years to build a similar pipeline without FinTech’s assistance. Along with incredibly useful product and commercial advice from high-profile mentors, the programme gave us a fantastic competitive advantage and has exponentially accelerated the growth of our company.

FinGenius
To be honest - we were skeptical about the value of the Fintech Lab program to Erudine going in - but it proved to be the best possible help to us at the best possible time; by rightly forcing us to explain what we are selling over and over during an exhausting schedule of meetings with the spectrum of senior people in 12 global banks and mentors. It also allowed us to road-test propositions and get immediate and honest feedback. We have come away with hunting licences across many of the organisations and it has been a priceless launch-pad for us to grow Erudine.

Erudine
We have seen huge growth since taking part in the Lab. It gave us access to the decision makers we were struggling to reach in the banks, and we evaluated our software with the very people we wanted to target. In doing so, we could deeply understand the problems we were trying to solve. Our collaboration partners became our eventual clients. Our sights are set on more. We will triple our revenues this year and aim to hire more staff by the end of the year. We are ready for rapid growth with more to come in 2017.

Digital Shadows
The FinTech Innovation Lab offered us a space to connect with leading banks, experts and other like-minded start-ups. We shared common goals and common ideas in a non-aggressive environment. It led to a contract with a Tier-1 bank. Not just that, but we built partnerships with other startups, so it was about sowing the seeds for long-term development. One of the reasons I invested in AimBrain was because of its inclusion in the Innovation Lab. It’s a route to a successful and high-quality network that can accelerate progress. I urge other fintechs to apply, because it grants access to a wealth of knowledge and contacts so vital for growth.

Aimbrain