Charlotte's own Queen City Fintech, an accelerator that works exclusively with fintech startups, has announced the nine startups from across the global that will participate in its eleventh cohort.
The 12-week program, which kicks off Sept. 3, runs twice a year. Boasting the sponsorship of a host of major banks like Fifth Third and Wells Fargo, it accepts post-revenue startups and exposes them to "intense mentorship" from a wide spectrum of industry thought leaders. It also invests about $40,000 per company, with opportunities for follow-on funding for top performers (thanks in part to work with Queen City Fintech’s accelerator partner, CFV Ventures).
The members of the fall cohort will present their concepts at the conclusion of the program, during a Demo Day at the Venture135 conference on Nov. 21.
“The selection committee universally agreed that Class 11 is the most advanced group of startups we have ever seen in the program and we can’t wait to see their progress and future success," said Queen City Fintech Founder and Managing Director Dan Roselli.
The participants of class 11 are highlighted below, with descriptions provided by Queen City Fintech.
- Location: Santiago, Chile
- About: "A complete business ecosystem for the fitness entrepreneur."
- Location: New York, N.Y.
- About: "Next generation investment tool. A mobile application and hedge fund platform that provides accredited investors access to A.I. driven investment strategies."
- Location: Toronto, Canada
- About: "An artificially intelligent platform that invests in startups and shares in their future revenue."
- Location: Boston, Massachusetts
- About: "A B2B solution enabling financial institutions to partner with customers on their financial health journey."
- Location: Washington, D.C.
- About: "Records and transcribes earnings calls and uses neural nets to analyze the words and voice individual to each executive, allowing us to spot patterns and changes in how their earnings or products are discussed."
- Location: Tampa, FL
- About: "A digital savings platform that provides the highest available deposit rates and reduces tax burden."
- Location: London, England
- About: "The world's best user experience for extracting insights from written information."
- Location: New York, N.Y.
- About: "A fully automated small business lending marketplace."
- Location: Boston, Massachusetts
- About: "Tunnel has created the first and only cross-currency, real time payments system based on advanced distributed ledger technology merging the world's Faster Payments Networks into one truly global, scalable, instant payments system with built-in digital identity."
