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Recognizing the need to spur financial technology innovation in New York City, the Partnership Fund and Accenture launched the annual FinTech Innovation Lab in 2010 to support early and growth stage companies developing cutting edge technology products for the financial services industry. Participants, chosen through a rigorous application process, are paired with leading financial services firms who provide product refinement guidance, beta testing and deployment. They also receive mentorship from highly successful fintech entrepreneurs and have the opportunity to present their companies to potential investors. Graduates to date have raised nearly $75 million in follow on funding. FinTech Bank Participants: Ally Financial, American Express, Bank of America, Barclays Capital, Capital One, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Guardian Life Insurance, JPMorgan Chase & Co., Morgan Stanley, New York Life, State Street, UBS FinTech Supporting VC Firms: Bain Capital Ventures, Contour Venture Partners, Rho Ventures, RRE Ventures, Warburg Pincus
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