You will have access to premier banking and insurance leaders who could become potential clients. During the 12-week mentoring program, you will work with them to validate value propositions and business models, and gain important insights into the banking and insurance industries.
Through workshops, mini-conferences, and office hours with domain experts, your company will gain the necessary advantages to scale your business faster. Companies who have participated in Fintech Innovation Labs have found enterprise customers and investors within our network.
By participating in Fintech Innovation Labs, you will be joining a global network – 250+ strong – of the world’s leading businesses and growth stage companies contributing to regional economic development through innovative technologies.
The FinTech Innovation Lab helped to guide FinGenius through the phenomenal complexity of the financial services industry and to get our Artificial Intelligence proposition in front of the decision makers in major banks. We met more than 600 people from 12 banks during the three-month programme, and began working with eight of these banks after the programme ended. It would have probably taken us two years to build a similar pipeline without FinTech’s assistance. Along with incredibly useful product and commercial advice from high-profile mentors, the programme gave us a fantastic competitive advantage and has exponentially accelerated the growth of our company.
— Dmitry Aksenov, CEO, FinGenius
To be honest - we were skeptical about the value of the Fintech Lab program to Erudine going in - but it proved to be the best possible help to us at the best possible time; by rightly forcing us to explain what we are selling over and over during an exhausting schedule of meetings with the spectrum of senior people in 12 global banks and mentors. It also allowed us to road-test propositions and get immediate and honest feedback. We have come away with hunting licences across many of the organisations and it has been a priceless launch-pad for us to grow Erudine.
We have seen huge growth since taking part in the Lab. It gave us access to the decision makers we were struggling to reach in the banks, and we evaluated our software with the very people we wanted to target. In doing so, we could deeply understand the problems we were trying to solve. Our collaboration partners became our eventual clients. Our sights are set on more. We will triple our revenues this year and aim to hire more staff by the end of the year. We are ready for rapid growth with more to come in 2017..