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Ten new startups join the 2022 Future of Finance Accelerator

Source: Techstars

Techstars, the global investment business that provides access to capital, one-on-one mentorship, and programming for early-stage entrepreneurs, and ABN AMRO welcome ten new startups for the second edition of the Future of Finance Accelerator.

In the coming 90 days founders of fintech startups from the UK to Estonia will gather in Amsterdam to take their companies to the next stage with the help of both ABN AMRO and Techstars mentors.

After launching a successful first virtual program during the pandemic, the second edition of Future of Finance Accelerator runs in-person in Amsterdam. The 2022 class is diverse in background and ambitious in shaping the future of finance in the areas of sustainability, digital assets and fintech.

The ten companies have been chosen from over 300 applications from all over Europe. They will go through Techstars’ three-month accelerator program during which they are surrounded by a community of mentors, investors, alumni, and partners. Techstars provides funding and fundraising opportunities, workshops and curated resources, culminating in a Demo Day taking place on December 8th.

“With the venture funding environment cooled down significantly, helping founders accelerate is now more essential than before,” says Allard Luchsinger, Managing Director of the ABN AMRO + Techstars Future of Finance Accelerator. “There is a great deal of talent out there, founders building companies at the intersections of fintech, sustainability and digital assets. At Techstars we are committed to help them on their journey from idea to successful company."

“ABN AMRO is a partner of the Future of Finance Accelerator because we want to support innovative start-ups, strengthening the Netherlands' position as a breeding ground for fintechs,” says Edwin van Bommel, Chief Strategy and Innovation Officer at ABN AMRO. “We support the founders with our knowledge of strategic topics like sustainability and digital assets. At the same time, the founders teach us about new trends, which we as a bank can benefit from.”

Techstars, which has been operating since 2006, has helped build thousands of successful companies, all over the world. Parisian decentralised custody security firm DFNS, one of the companies in the 2021 Future of Finance Accelerator in Amsterdam, earlier this year raised €12.5 million in a seed funding round only nine months after finishing the Accelerator program. The funding round was led by White Star Capital, with ABN AMRO as one of the participants.

The ten companies are part of this year’s Future of Finance class are:

31Third Protocol (Austria / The Netherlands)
Decentralized asset management infrastructure on a mission to reinvent the trading and portfolio management experience in DeFi

BeyondEquity (UK)
Helping companies IPO their revenues through the world’s first revenue exchange

CloudPal (Ireland)
Cloud cost and cloud carbon reduction solution for fintechs and financial services

Corgee (Spain)
Admin automation platform for the gig economy

EthicsGrade (UK)
ESG company that specializes in the ESG risks of technology companies, and the tech risks of everyone else

Flowpay (Czech Republic / The Netherlands)
Fast & Sustainable Embedded Lending for SMEs integrated within POS and E-commerce platforms

Lendorse (Germany)
Enables talented students from developing countries to study abroad by sponsoring their studies in return for a share of their future salary

Porthos & Co (UK)
Personalized lending platform for the unconventional borrower

THX Network (The Netherlands)
Embed blockchain tokens in any app, increasing engagement and revenue

ValueCoMetrics (France)
Brings comparability and engagement between companies and investors on sustainability metrics

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