22 July 2017
visit www.finastra.com

Accenture beats Brexit blues with largest-ever London startup programme

16 January 2017  |  16516 views  |  0 Canary wharf buildings

Accenture is banishing the Brexit blues by running its largest ever fintech accelerator programme in London after fielding more than 300 applicants from around the globe.

Despite the uncertainty surrounding Britain's status in the European market, the country's capital and vibrant financial services centre remains a magnet for fintech startups.

Tom Graham, programme director of Accenture’s Fintech Innovation Lab London, says: “The transformation requirements that the financial services industry must undertake to remain relevant arguably pose a bigger challenge than the immediate geo-political uncertainty casting a shadow over the industry."

Accenture has chosen 20 startups to participate in the 12-week programme, representing the largest class in the London Lab’s five-year history. Eight of the 20 shortlisted startups will be selected to present at the programme’s Graduation Day on March 30 to a group of venture capitalists and financial-industry executives.

Artificial intelligence (AI), blockchain and gamification technology all feature heavily in this year’s programme, which for the first time includes a dedicated stream for insurtech entrepreneurs.

Startups passing through the accelerator will receive mentorship from representative of 28 financial institutions.

Sigga Sigurdardottir head of customer and innovation, Santander says: "It’s positive to see London take a leading role in shaping and defining the global fintech innovation agenda. We are committed to supporting innovation in the UK, it is the foundation upon which the country will build a successful technology industry."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Dubai aims to generate startup buzz with FinTech Hive

Dubai aims to generate startup buzz with FinTech Hive

11 January 2017  |  8044 views  |  0 comments | 12 tweets | 11 linkedin
Europe and Asia drive strong Q1 fintech investment growth - Accenture

Europe and Asia drive strong Q1 fintech investment growth - Accenture

12 April 2016  |  11571 views  |  0 comments | 16 tweets | 13 linkedin
Accenture shortlists 15 for London Innovation Lab

Accenture shortlists 15 for London Innovation Lab

06 January 2016  |  13449 views  |  0 comments | 26 tweets | 13 linkedin
Global fintech investment triples - Accenture

Global fintech investment triples - Accenture

25 June 2015  |  19162 views  |  0 comments | 50 tweets | 28 linkedin
Europe sets the pace as fintech investment triples in 2014

Europe sets the pace as fintech investment triples in 2014

26 March 2015  |  14134 views  |  0 comments | 33 tweets | 21 linkedin
Seven startups make the cut for third FinTech Innovation Lab

Seven startups make the cut for third FinTech Innovation Lab

07 January 2015  |  10358 views  |  0 comments | 18 tweets | 11 linkedin
Accenture brings Fintech Innovation Lab to Dublin

Accenture brings Fintech Innovation Lab to Dublin

09 October 2014  |  11767 views  |  0 comments | 15 tweets | 12 linkedin
Fintech Innovation Lab lands in Hong Kong

Fintech Innovation Lab lands in Hong Kong

12 June 2014  |  10082 views  |  0 comments | 14 tweets | 2 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.finastra.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
13298 views comments | 19 tweets | 15 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
9442 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
8511 views comments | 16 tweets | 12 linkedin
hands typing furiouslyThe Digital Trade Chain: the blockchain tr...
8151 views 0 | 8 tweets | 16 linkedin
Mastercard and Scotiabank join Enterprise Ethereum AllianceMastercard and Scotiabank join Enterprise...
7006 views comments | 25 tweets | 15 linkedin