Startupbootcamp FinTech holds first London Demo Day for top 10 FinTech startups

London - 12 November 2014

Startupbootcamp FinTech, the leading accelerator focused on financial innovation, today hosts the first London Demo Day for the 10 selected fintech startups. Over three months, the selected startups collaborated with more than 250 mentors, partners and investors, to build world class fintech products, with the ultimate goal of becoming industry leading companies. Startupbootcamp FinTech invites angel investors, venture capitalists and financial institutions looking for investments and partnerships, to watch the startups pitch and meet the teams.

436 startups applied from across 59 countries, for the opportunity to receive extensive mentoring and exposure to a network of entrepreneurs, investors and Startupbootcamp FinTech partners; three months free office space; €15k in cash and €450k in partner services.

London and the UK as a whole is an important part of the global fintech scene, meaning that the Startupbootcamp startups are well placed amongst the large and technologically sophisticated customer base, supportive regulatory approach and excellent financial services infrastructure. The UK Trade & Investment Fintech report estimates that the UK and Ireland is now the fastest-growing region for fintech investment, with the value having increased nearly eightfold since 2008, to US$265 million in 2013. [1]

The 10 teams are:

  •         Creditable, enables employers to lend money to their employees, easily, transparently and fairly
  •         Dutch, integrates with existing bank systems to enable real-time social payment networking
  •         Epiphyte, is deploying enterprise software that allows the pre-installed systems of financial institutions to "talk" to crypto-financial networks
  •         Friendlyscore, creates credit scorecards based on big data from Facebook
  •         Insly, is a cloud-based tool for insurance salespeople, enabling them to manage sales from start to finish
  •         investUP, enables people to find, track and grow all of their debt and equity crowdfunding investments
  •         Invoicesharing, is a financial services marketplace which enables 100% free electronic invoicing
  •         Liquity, is an online marketplace matching buyers and sellers of private company shares
  •         m-changa, enables anyone to quickly and inexpensively manage a remote fundraiser
  •         milliPay, is a Swiss micropayment startup, that makes online payments as simple as browsing

Nektarios Liolios, Managing Director, Startupbootcamp FinTech, said: “Startupbootcamp FinTech is the first true global accelerator specialised in fintech based in London. The City is the place to be for fintech, as found by recent research from UKTI [2],  making the London programme unique as it gives the startups access to the best mentors and investors, at the very heart of the financial centre of the world. Our partners from across the financial industry give the teams unprecedented motivation to achieve their goals. We’ve seen some very exciting startups in the programme and look forward to continuing to work with them as they grow!”

“If you are a fintech startup, anywhere in the world, use the great value of the Startupbootcamp programme to gain access to the industry you need, grow your business and get funded. Working closely with the group of 10 startups over the past three months, means we have seen them nurture their ideas, turning concepts into action,” said Harrie Vollaard, Innovation Manager at Rabobank and Startupbootcamp FinTech partner. 

[1] UK Trade & Investment report: Fintech: The UK’s unique environment for growth 

[2] UK Trade & Investment report: Fintech: The UK’s unique environment for growth 

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