Partnering fintech companies with leading financial institutions.
WHY FINTECH INNOVATION LAB
You will have access to premier banking and insurance leaders who could become potential clients. During the 12-week mentoring program, you will work with them to validate value propositions and business models, and gain important insights into the banking and insurance industries.
Through workshops, mini-conferences, and office hours with domain experts, your company will gain the necessary advantages to scale your business faster. Companies who have participated in FinTech Innovation Labs have found enterprise customers and investors within our network.
By participating in FinTech Innovation Labs, you will be joining a global network – 250+ strong – of the world’s leading businesses and growth stage companies contributing to regional economic development through innovative technologies.
2021 Cohort Timeline
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 entering the financial services vertical.
Companies with a product / service that is ready to partner with large financial institutions.
There is no fee to apply. For those companies accepted into the program, the Lab takes a fee in the form of warrant coverage that is significantly below industry-standard.
Benefits for Participants
Access - Unparalleled access to senior executives at the world’s leading financial institutions.
In-House Advocate - CTO/CIOs at each organization serve as your executive sponsor.
Long-Term Support - Ongoing connection to our financial services partners.
Mentorship - Each company in the Lab is paired with four to six financial and insurance institutions.
Network - Powerful network of relationships with key decision makers in financial services.
The Lab is just the beginning; our supportive alumni community will provide you with the framework to facilitate your continued growth journey.
The Lab continues to help drive connections to our financial services partners through alumni calls and participation in future programs.
Our International Labs: London, Hong Kong.
2020 DEMO DAY PITCHES
HEAR FROM OUR ALUMNI
An amazing curated growth experience for your emerging technology company and its people. An incredible set of mentoring organizations and individuals to support you iteratively building on your value proposition, product and go to market approach. I very much recommend it!
— Ky Nichol, CEO and Founder, Cutover, 2018 Alum
The FinTech Innovation Lab was an over the top experience that is continuing to pay dividends well after the program. It is like a TSA Pre-Check lane for early stage Fintech companies; a fast track through the long cycle of engaging with large Financial Institutions.
— Andy Ambrose - CEO & Co-Founder Liveoak 2018 Alum
The Fintech Innovation Lab provided a catalyst for our insurance market penetration. The successes from the lab, both financial and operational, led to the strategic development of an internal insurtech team at StrongArm Tech. Bringing in various support from the insurtech community, through the Fintech Innovation Lab, allowed us to leverage new ways to recruit support and resources that help the lives of Industrial Athletes
— Sean Petterson, Founder & CEO, StrongArm Tech 2018 Alum
The Fintech Lab was a really valuable experience. We met with people at the top Financial Institutions and refined our product offering. What would have taken us years, we were able to achieve in a few short months. Highly recommended.
— Anthony Venus, CEO and Co-Founder, YayPay, 2018 Alum
The Fintech innovation Lab helped us learn and refine our product for the insurance market. The program gave us the "at bat" we needed to hit it out of the park.
— Carey Anne Nadeau, Founder & CEO, Open Data Nation 2018 Alum
A major obstacle for technology firms is getting in front of the right people at banks and even knowing who those people are. This was true for OpenFin despite our extensive experience and deep ties in the financial industry. The FinTech Innovation Lab allowed us to find people who are virtually unfindable and exposed us to opportunities that would otherwise be very difficult to come by. The three month program accelerated our customer development effort by at least 12-18 months.
— Mazy Dar, CEO, OpenFin, 2013 Alum
The Fintech Innovation Lab was transformative to our business and forged relationships with the largest of Financial Institutions to a level that would have taken years. We highly recommend anybody selling into or working with financial institutions to get into highly competitive program.
— Igor Telyatnikov, COO, AlphaPoint, 2016 Alum
Fintech was a true game-changer in our ability to work with financial service companies. It catalyzed both our client and product development process. The speed and facility with which we were able to get meeting with C-level executives was astounding. Fintech gave us great creditability and legitimacy as the banks knew we were chosen out of a much larger pool of startups by their peers. We were given a level of insight into the sales and product development process. We went from being treated defensively as just another startup with an untested idea to being treated as partners who could be given very candid yet constructive feedback. It was truly a game-changer.
— Frida E. Polli, CEO & co-founder, Pymetrics, 2014 Alum
Graduating from the Fintech Innovation Lab represents an inflection point for our business. We have new clients, new advisors, new strategies and even a second product line. The 12 week program has fast-forwarded our company 12 months; we are now part of an ecosystem of startups, financial institutions, mentors and investors that will keep accelerating us into the future. For fintech startups and the financial institutions that want to connect with them – I cannot recommend this program highly enough.
— Ed Donner, CEO and Co-founder, unTapt, 2016 Alum