Forbes names InvoiceSharing in The World’s Next 10 Big Fintech Stars

Forbes names InvoiceSharing in The World’s Next 10 Big Fintech Stars
Rate this post

Looking for the next generation of financial technology stars? So is Startupbootcamp, the London-based fintech accelerator. It has been running a competition aimed at identifying 10 up-and-coming fintech companies with the potential to make it big – the winners get €15,000 of funding, three months of free office space and a range of mentorship services from entrepreneurs, investors and other corporate partners.

The winning companies, which have just been announced by the accelerator, are mostly not out-and-out startups: seven out of 10 of them are already earning revenues and between them, the firms have raised €6m of finance. Nevertheless, these are all young businesses with no profile to speak of.

Nektarios Liolios, managing director of Startupbootcamp, says the accelerator has left no stone unturned in its search for the 10 finalists. It’s interviewed more than 400 fintech companies on four continents. “We’re confident that the 10 teams selected represent the very best that the financial services and technology industries have to offer,” Liolios insists.

One theme emerging in the list is that several of the start-ups are focusing on extending financial services to low-income or otherwise disadvantaged customers. However, the 10 are a diverse bunch, offering both business-to-business and business-to-consumer services.

“I consider these startups as the pilot boats for the financial industry,” says Harrie Vollard, innovation director at Rabobank, one of the competition’s sponsors. “They’re solving real problems or creating new opportunities for customers.”

See full article in Forbes: http://www.forbes.com/sites/davidprosser/2014/07/25/the-worlds-next-10-big-fintech-stars/


No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*