FinTech Innovation Lab New York - Brochure

BUILDING THE FUTURE OF FINTECH fintechinnovationlabnyc.com

Where entrepreneurs and the world’s leading financial institutions collaborate to bring innovations to market. Founded by the Partnership Fund for New York City and Accenture with the goal of building great fintech and insurtech companies to solidify New York City as the financial capital of the world. fintechinnovationlabnyc.com @FinTechLab [email protected]

OUR IMPACT $1.2B 1200 , Raised by Alumni Jobs Created 280 79 Proofs of Concept Companies 12 43 Companies Acquired Partners

BENEFITS WHO SHOULD APPLY? Access • Early- and growth-stage technology Provides early- and growth-stage companies with innovative solutions enterprise technology companies for financial institutions and with unparalleled access to senior insurance companies. executives at the world’s leading financial institutions. • Non-fintech, growth-stage companies interested in entering In-House Advocate the financial services vertical. CTO/CIOs at each organization serve as the executive sponsor to provide • Companies with a product/service that fintechs with deep engagement is ready to partner with large financial and build connections with relevant institutions. product/business/technology groups. • Core management team must have Long-Term Support ability to relocate to New York City Ongoing connection to our financial for the duration of the program services partners through alumni calls (April-June). and participation in future programs. • There is no fee to apply. For those Mentorship companies accepted into the program, Each company in the Lab is the Lab takes a fee in the form of paired with four to six financial warrant coverage that is significantly and insurance institutions. below industry-standard. Network Powerful network of relationships with key decision makers in financial services, including access to our entrepreneur network, VCs, alumni, the Executive-in- Residence team and the Partnership’s 300+ large corporate members. TIMELINE October 2019 December 2, 2019 March 31, 2020 June 25, 2020 Applications Open Applications Due Program Starts Demo Day

Zor Gorelov Ky Nichol CEO, Kasisto CEO, Cutover The FinTech Innovation Lab gave For enterprise tech companies us an opportunity to partner with looking to break into the U.S. some of the leading banks in market, there is no better way to New York. The Lab facilitates an get the attention of the leading unparalleled level of collaboration decision makers in financial that allowed us to address services than being a part of challenges central to financial the FinTech Innovation Lab. services today while refining our The Lab helped us fast track products and scaling our business. our engagement and sign two financial institutions within six months of the Lab. ALUMNI Alkymi ClauseMatch EverSafe Alloy CloudFrame Extend AlphaVertex Cutover FairFrame AlphaPoint Cyberwrite ForwardLane AppBus Dashlane Genus AI Arthur AI DataFleets Goalsetter Aqumin DemystData Habit BehavioSec Digital Asset Holdings Hyperscience Broker Buddha Digital Reasoning Inpher Cambridge Blockchain DMetrics Kasisto CB Insights EidoSearch Knoema Centripetal Networks Enigma Lenddo

Hicham Oudghiri Frida Polli Co-founder and CEO, Enigma Co-founder and CEO, Pymetrics The FinTech Innovation Lab Applying to the FinTech Innovation breaks down barriers that can Lab is a no-brainer. This is where impede collaboration between fintechs and insurtechs come in fintech companies and financial New York when they are ready for institutions. The candid feedback guidance from senior bank and we received from global banking insurance executives to unlock their executives who have made the market potential. Lab part of their R&D strategy has helped us scale our solutions in the world’s most competitive market. Liveoak Technologies ScrollMotion Acquired LMRKTS Sigma Ratings BillGuard MaxMyInterest SkyHive Centrifuge Modelshop StrongArm Tech Detectica Narrative Science Summer Diffeo NetAbstraction T-REX Hanweck Nova Credit Theta Lake Inktank Open Data Nation True Flood Risk npm OpenFin Virtualitics PierceMatrix Pay Your Tuition YayPay Standard Treasury Pymetrics Zipmark True Office Quarule untapt RevolutionCredit Uplevel Security

PARTICIPATING FINANCIAL INSTITUTIONS AIG Citigroup NFP AllianceBernstein Credit Suisse Rabobank Ally Financial The D. E. Shaw group RBC Capital Markets American Express Deutsche Bank SG Americas Aon Fidelity Investments Synchrony Financial AQR Capital Management Global Atlantic TIAA AXA XL Goldman Sachs The Hartford Bank of America Guardian Life Insurance The Travelers Companies Barclays JPMorgan Chase & Co. UBS BlackRock KeyBank U.S. Bank BNP Paribas Marsh & McLennan USAA BNY Mellon Mastercard Wells Fargo Capital One Mizuho Zurich Insurance Chubb Morgan Stanley CIT Group New York Life Insurance SPONSORING VC FIRMS Anthemis Nyca Partners Aquiline Technology Growth Oak HC/FT Bain Capital Ventures Partnership Fund for New York City Canaan Partners Rho Ventures Canapi Ventures RRE Ventures Contour Venture Partners Warburg Pincus Fintech Collective The Partnership Fund for New York City is the Accenture is a leading global professional $170 million investment arm of the Partnership services company, providing a broad range of for New York City, New York’s leading business services and solutions in strategy, consulting, organization. The Fund’s mission is to engage digital, technology and operations. Combining the city’s business leaders to identify and unmatched experience and specialized skills support promising entrepreneurs—in both the across more than 40 industries and all business for-profit and nonprofit sectors—to create jobs, functions—underpinned by the world’s largest spur new business and expand opportunities delivery network—Accenture works at the for New Yorkers to participate in the city’s intersection of business and technology to help economy. As an “evergreen” fund, realized gains clients improve their performance and create are continuously reinvested. The Fund’s Board sustainable value for their stakeholders. With is led by Co-Chairs, Charles R. Kaye and Tarek 469,000 people serving clients in more than Sherif. Maria Gotsch, President and CEO, leads 120 countries, Accenture drives innovation to the team. Visit us at fund.pfnyc.org. improve the way the world works and lives. Visit us at accenture.com.