Nothing is better than witnessing a lowly start-up becoming a successful venture. They inspire us and drive us to think outside the box. For techies and innovators who don’t necessarily have funding or experience, success can seem impossible. Incubators come in to ensure your road to success has no obstacles. They offer funds, office space and teach you who and what you need to know.
Here’s a list of top 10 fintech startups Incubators in the USA that will take your start-up to the next level:
- FinTech Innovation Lab
FinTech Innovation Lab was co-founded by Partnership Fund for New York City and Accenture. They hold FinTech Innovation Lab annually, helping to build a partnership between fintech entrepreneurs, senior-level bank executives and experienced technology business people. They participate in user-group sessions, panel discussions, workshops, one-on-one meetings and networking opportunities.
Supporting institutions include Wells Fargo, Morgan Stanley, Bank of America, Credit Suisse, Citi, Goldman Sachs, Deutsche Bank, Barclays, and JPMorgan Chase.
- Y Combinator
Although Y Combinator is not solely focused on fintech, it has offered seed funding for many fintech startups. It offers workshops, funds, and mentorship, as well as connecting startups with potential investors.
- Barclays Accelerator
Initially launched in the UK, Barclays expanded its incubation programme to the USA last year. The objective of this fintech incubator is to help innovative entrepreneurs develop new fintech technology, especially in the investment banking, credit card and wealth management industries.
This year, the company plan to make at least 10 fintech companies access Barclays APIs and data. The company also provides a working environment, meeting rooms and event spaces for fintech firms.
SixThirty invest approximately $100k in the early-stage fintech firms that it chooses annually. It provides a good business-development, with scheduled networking opportunities with potential investors, financial services executives and mentors.
- FinTech Sandbox
FinTech Sandbox is a nonprofit organization that is backed by F-Prime Capital, Fidelity Investments, Thomson Reuters, Amazon Web Services, EY, Silicon Valley Bank and Intel. It enables fintech startups to access free financial resources and data, along with potential clients, investors, and mentors.
- Entrepreneurs Roundtable Accelerator (ERA)
Entrepreneurs Roundtable Accelerator (ERA offers a four-month program in NY. It also provides $40k of seed capital. It runs intensive workshops, connecting fintech startups to angel investors and mentors.
- Value Stream Labs
Value Stream Labs helps fintech startups to convert finance industry to new IT and digital technologies. The company puts together an expanding network of capital markets and wealth management specialists.
- The Hatchery’s B2B Ventures
The Hatchery has an innovation lab that incubates early-stage firms in partnership with big companies that have resources such as tech, IP, and funds. It helps fintech startups to build a product, find customers and get fund. The company looks for companies and entrepreneurs that have found a problem to solve in the banking industry.
- Ynext Incubators
Run by Yodlee, Ynext Incubator helps fintech startup to get access to mentorship, strategic guidance, networking events, funding, marketing support, Yodlee Interactive APIs and technical consultations.
- Tech Stars
Tech Stars has a network of more than 3,000 successful entrepreneurs, investors and mentors that assist fintech startups to grow.
Contact any of these fintech startups incubators if you need assistance and good luck with your fintech startup.