FinTech is alive and kicking at the Barclays Accelerator, powered by Techstars – New York City

There is no use in circling around the matter any longer – FinTech is hard! Healthcare and e-commerce entrepreneurs thought they had it tough? Try competing in a highly regulated industry with pockets deeper than the ocean led by some of Wall Street’s brightest minds.

FinTech is not for wallflowers. The days are over when an app with a beautiful interface, blockchain, or a lower commission rate could turn into a successful startup. Large players watched and learned, and now they’re making beautiful apps, cutting commissions and packaging new products. So what now?

A FinTech entrepreneur needs to see things more broadly, zoom in quicker, and build faster. Here is where the New York City Barclays Accelerator, powered by Techstars is of note. As the most active early stage FinTech investor in the world, we propel FinTech startups to success. Since 2014 we’ve invested in 170 FinTech startups, of which 84.7% are active and valued at $1.43B today. 

Check out a few of our portfolio companies that are blazing through the financial sector:

Compliance and RegTech: Chainalysis, Alloy, Sigma Ratings

Personal Finance: Aire, Harvest Platform, Trio

Capital Markets: Cashforce, Alpha Exchange (acquired by Visible Alpha)

InsurTech: Cuuva, Nimbla, Waffle

Real Estate: Morty, RealBlocks

Enterprise Tech: Cutover, Remesh

We dare to go both broad and deep in FinTech. Our startups cover just about every FinTech corner – personal and business banking with lending, mortgages, loyalty, risk management, capital markets, payments processing, wealth and asset management, trading/exchanges, insurance and big data, real estate, regtech, blockchain and cyber-security. 

What we do

Every year we invest in 10 FinTech companies and help them get to the next level. The founding team of each startup moves to the New York City area for the 13-week program (September – December) for an intensive hands-on, mentorship-driven experience. During the program we dive into an intense combination of presentations and mentorship with two goals in mind: 1) Refine/confirm your business concept based on rapid feedback from users and “what-if” insights from mentors. 2) Get ready to raise capital.

Our mentors are experienced entrepreneurs, venture capitalists and executives from financial services companies. We teach you how to pitch,  prepare for industry partnerships, create momentum with investors, and negotiate solid investment terms.

 

What we are looking for

We are looking for 10 relentless teams working on  FinTech or Enterprise Tech ideas in just about any corner of the financial sector, from anywhere in the world. If your team wants to join a community of other passionate founders and access the networks of Barclays and Techstars, come join us in New York this fall – apply here.

Meet us

Over the next 12 weeks, we will be visiting cities across the globe to meet the most promising FinTech founders for 1:1 conversations. If you would like to meet with us in your city, request a 1:1 meeting with Kelly Fryer & Olga Bartnicki.

You can also join us for one of our upcoming virtual AMA (ask me anything) sessions. You will have a chance to chat directly with founders who have been through the Barclays Accelerator, hear from Barclays on how they think about FinTech, and ask any questions on top of mind about the program.

March 4th @ 1 PM EST – Save your spot

April 9th @ 10 AM EST – Save your spot 

May 4th @ 12 PM EST – Save your spot

We are excited to see what you are building in FinTech!








Industry Leading FinTech Accelerator is Back

After an extensive selection process, we are pleased to announce that nine phenomenal companies are joining the 2019 Barclays Accelerator, powered by Techstars in New York.

Taking place in the heart of New York City, the program was created by Techstars and Barclays and allows us to pursue a shared goal of supporting entrepreneurs inventing the next generation of financial services. Together, we’ve built a model that reimagines corporate innovation and has resulted in tremendous value for Barclays and our 160+ FinTech portfolio companies. The bottom line is this: Since being established in 2014, the program has become one of the industry’s leading FinTech Accelerator programs, which is supported by the collective value of our alumni companies that has now reached over $1 billion to date.

Opportunities to invest in FinTech have never been greater, and I couldn’t imagine a more ideal partner than Barclays to run this program. Together with Mariquit Corcoran, Managing Director, Group Innovation at Barclays, we’re thrilled to welcome these nine companies to our program, and look forward to working with them to accelerate their businesses over the next 13 weeks. Mariquit notes, “This year’s New York class spans across a diverse and exciting set of sectors addressing challenges faced by the financial services industry including accounting, lending, travel, payments, data and analytics, personal finance and savings, and wealth management.”

Without further ado, here are the nine companies that will form the 2019 class:

Hubly

Hubly is building technology to power the future of financial advice

www.myhubly.com

 

Lance

Lance is empowering freelancers to navigate their financial future.

www.justlance.co

Lifesaver

Lifesaver empowers young consumers with financial literacy resources and matches them to financial institutions in their community. 

www.getlifesaver.com

Revelio Labs

Revelio Labs provides an in-depth view into the workforces of companies around the world.

www.reveliolabs.com

 

Swipedom

Swipedom maximizes cash flow for startups by splitting their invoices into installments.

www.swipedom.com

Taptrip

Taptrip is a self-serve business travel and expenses platform for small and medium sized businesses.

www.taptrip.co

 

TomoCredit

TomoCredit helps millennials get credit cards they deserve by analyzing their alternative data sets.

www.tomocredit.com

Trio

Trio is an all-in-one brokerage and checking account that lets you earn investment returns on your checking balance.

www.trioapp.com

Vestive

Vestive is a digital investment advisor creating solutions that are better for the environment, our society, and our user’s financial futures.

www.getvestive.com








140 FinTech Investments: The Barclays Accelerator powered by Techstars

Applications are now open for the fifth Barclays Accelerator powered by Techstars in New York.

Over the last 6 years, Techstars and Barclays have become two of the most active FinTech investors in the World.

So what’s behind the success? Because let’s be honest… FinTech is really (really) hard.

The program creates an unfair advantage by marrying the banking expertise and unparalleled distribution of Barclays with Techstars’ proven track record of accelerating technology companies.

Now, this program is not for the faint hearted. You have to be tenacious, resilient and – most importantly – you have to be pushing the known boundaries in capital markets, consumer banking, insurtech, risk management, payments/credit, lending, regtech, credit solutions, blockchain, and more.

Starting in March, we’ll be hosting a series of webinars, office hours, and AMA sessions. These will help you to get to know the community and provide information on Techstars’ approach to entrepreneurship.

Do you have questions about the program and what we look for?

Register for an upcoming interactive webinar & AMA session to learn more:

Request office hours if you want to meet us one-on-one to receive mentoring and advice on your startup, business model, and product.  If we’re not coming to a city near you, you can always select a virtual meeting when applying.

Open Office Hours:

  • Vancouver, Canada | March 12
  • Boston, USA | March 20
  • Toronto, Canada | March 25
  • Washington, DC, USA | March 28
  • New York, USA | April 2
  • Chicago, USA | April 17
  • Atlanta, USA | April 24
  • New York, USA | April 30
  • London, UK | May 1
  • Tel Aviv, IL | May 6
  • San Francisco | May 10
  • Virtual Meetings | Anytime!

We’ve also designated specific dates dedicated to office hours for founders from underrepresented groups (women, people of color, veterans, founders over age 50, LGBTQ, etc.). If you’re an underrepresented founder, we’d love to hear from you! You can request virtual or NYC-based office hours with us on March 22nd or April 16th.