Three months ago we received the news: we’d been one of the handful of startups carefully selected for a prestigious accelerator program – New York’s sixth annual FinTech Innovation Lab. Co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City, the 12-week program helps early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top bank and venture capital executives. It’s one of the most well regarded entrepreneurial programs in FinTech, recommended by Fred Wilson and written up in TechCrunch.
Now we know why it’s so revered!
For the last three months we’ve been immersed in the Lab. We were partnered up with nine financial institutions and eight mentors. We’ve created a second product offering for internal mobility — encouraging developers to advance their careers within an organization. It’s an exciting new opportunity for untapt and for our customers, who will benefit as well.
The program has been incredibly valuable. Doors have been opened, credibility gained, ideas developed and new clients won. Matt Harris of Bain Capital Ventures guided us on compelling ways to frame our business. David Mordecai PhD, the scientist in residence, is co-authoring a Machine Learning paper with us.
We wanted to take a moment to thank everyone involved. We’re inspired by the leadership from program heads Maria Gotsch, CEO of the Partnership Fund for New York, and Bob Gach, Accenture program head. Maria, Bob and their teams worked tirelessly to create this unique, remarkable program. We are so fortunate to have been a part of it this year, and look forward to continuing the relationships formed within the program as we continue to build a world-class fintech business. If you’d like to read more about the program and the other interesting startups in our accelerator class, the full details are here.
As Maria often mentions, the support from the Fintech Innovation Lab ecosystem continues well beyond Demo Day. The success from previous cohorts can be seen on the Lab site. We admire the results from companies such as CBInsights and Digital Asset Holdings. We plan to follow in their footsteps, so stay tuned!
Co-Founder and CEO