These 8 Startups Are in Ben Franklin’s First Fintech Accelerator Class

By ·

Ben Franklin Technology Partners HQ.

Ben Franklin Technology Partners HQ.

Ben Franklin Tech Partners just announced the eight startups participating in its inaugural fintech accelerator program and the list of companies gives us a strong sense how quickly Philly’s fintech space is growing. As we reported[1] in February, the new accelerator program is the region’s first support program for tech companies in the financial services space, and it’ll run in partnership with the D.C.-based investment firm Village Capital.

The 12-week program will kick off soon on April 24 and by the end, the eight companies will determine which two startups in the group should be rewarded $25,000 in investment capital. Participants will receive mentorship from industry experts including SEI, Wells Fargo, Vanguard, InstaMed and Safeguard Scientifics. And over the course of the program, they’ll focus on learning how to grow their businesses through Village Capital’s investment readiness curriculum.

The eight companies come from all parts of the financial services spectrum and nearly all of them are based in the Philadelphia region. A number of the companies also offer financial services solutions for big problems in education, real estate, philanthropy and health care. “With the blend of both impact-focused and transaction-based fintech concepts, it’s an impressive range of companies, and a great indicator of the depth of opportunity in our region,” said Ben Franklin president and CEO RoseAnn B. Rosenthal in a statement.

Here’s who landed a seat in the accelerator’s inaugural class:

Follow @fabiolacineas[10] on Twitter.

Endnotes:
  1. reported: https://www.phillymag.com/business/2017/02/10/fintech-philly-accelerator-ben-franklin-tech-partners/
  2. Asset-Map: https://www.asset-map.com
  3. Bright Idea Energy: http://www.brightidealed.com
  4. College Affordability: http://www.efcplus.com
  5. Factury: http://factury.co
  6. FinPay: https://www.finpay.net
  7. FixList: https://www.fixlist.co
  8. NeedsList: http://www.needslist.co
  9. PeopleJoy: http://peoplejoy.co
  10. @fabiolacineas: https://twitter.com/FabiolaCineas

Source URL: https://www.phillymag.com/business/2017/04/20/ben-franklin-fintech-accelerator-village-capital-philadelphia-startups/