Accenture picks eight FinTech startups for its FinTech Innovation Lab Asia-Pacific programme

FinTech Innovation Lab Asia-Pacific is IT company Accenture’s mentorship programme for new ventures innovating in the financial sector. It just announced that only eight candidates have been selected to take part in the latest batch.  

The selected companies come from a wide range of disciplines. Some are leveraging artificial intelligence while others look into blockchain. The new cohort’s participants also address financial education and planning, corporate banking and RegTech.

More than 170 startups applied to participate in the 12-week mentorship programme. In a statement, Accenture said: “The tremendous interest underscores expectations of growing demand for financial services firms for digital solutions to streamline their businesses, keep costs in check and launch innovative products to boost their bottom line.”

Companies selected for the programme get more benefits than just the mentorship. They also receive the opportunity to tap into more funding through the Cyberport incubation programme, to become one of Accenture’s FinTech Go-To-Market partners and also get a professional video about the company.

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