Six UK start-ups chosen for Startupbootcamp’s 2016 fintech cohort
Mobile bank and 'robo-adviser' among businesses to receive €15,000, mentorship and partnerships with MasterCard and Lloyds
The UK would appear to be leading the ranks in financial technology (fintech) with six UK fintech start-ups chosen among nine international start-ups to take part in Startupbootcamp's 2016 fintech accelerator, beating competition from nearly 400 applicants across 61 countries.
Starting in London this September, the accelerator scheme will offer the start-ups mentoring and partnerships with leading financial institutions such as MasterCard and Lloyds Banking Group, as well as €15,000 and free office space at the Rainmaking Loft.
The programme will culminate in a demo day where the businesses will have a chance to pitch to investors and industry experts.
The six UK start-ups chosen for the programme are:
- EuropeOne – a mobile bank designed for Europeans working in other European countries
- Kyolab – monitors and archives instant messaging apps to help regulated businesses avoid fines
- moBILLity – an app that helps users manage their bills by integrating everything from water to electricity on one platform
- Monuva – a low currency rate and instant global payments platform for individuals and businesses
- Zenith One – a ‘robo-adviser’ that interview customers, proposes a strategy and automatically ‘onboards’ them
- Zeroflows – an information platform that allows users to search for liquidity in emerging and ‘frontier’ markets
The other finalists chosen to take part were Enterprise Bot from India, Penta Bank from Germany and Trakti from Italy.