FinTech Innovation Lab

Looking for more information on the New York FinTech Lab? Join us on Monday, November 4th at 5 PM EST at Accenture’s 1 Manhattan West office to meet this year’s team, hear from recent alumni on their experiences with the program, and network with our community. Brianna Ferguson, BNY Ana Mahony, Addition Wealth Ben Colman, Reality Defender Neil Zane, Bank of America Sign up here: https://lu.ma/3og6107r

Congratulations to Reality Defender on their expanded Series A to $33 million with investment from Partnership for New York City and Accenture.   Risk management and crime surveillance remain top priorities for our partner financial institutions, with 52% actively seeking innovative security solutions. As an alumni of the 2024 FIL NYC cohort, Reality Defender plays a crucial role in helping organizations detect deepfake audio, video, images, and text.   Ben Colman, Mason Allen, Milos Fulton Peluffo https://lnkd.in/en6DFZEZ

$2.7 billion raised. 30 acquisitions. 14 years. The FinTech Innovation Lab in New York is one of the world's most important programs shaping the future of finance. And it's back for 2025. Applications are now open for early and growth-stage fintech and insurtech companies developing transformative solutions across banking, payments, insurance, and capital markets. Want proof of success? Graduates of the Lab have raised over $2.7 billion, and 30 companies have been acquired in just 14 years. Specific case studies include: 🔹 Reality Defender: Graduated from the Lab, now detecting AI-generated fraud for banks, insurers, and governments (and with a new investment from Accenture) 🔹 Hyperplane (acquired by nubank): using large language models to help financial institutions create personalized experiences and predictive models. And many, many others... the list of partners and VC's involved is remarkable. More on the program - and an opportunity to meets its graduates on November 4 is below in the comments. Congrats to Maria Gotsch and Luke Giancarlo for the massive success of this program. And to Steve Murphy and David Parker and the team at Accenture for driving it. Follow me for daily posts on the future of financial infrastructure. 

Excited to learn more about the FinTech Innovation Lab 2025 program? Join us on Monday, Nov. 4th for an in-person panel discussion at our Accenture offices to hear from alumni companies and ask questions about the program.    Sign Up Here: https://lu.ma/3og6107r

At New York Life Ventures, we are proud partners of the New York FinTech Innovation Lab, an annual program that connects emerging enterprise technology companies with senior executives from over 40+ of the largest financial and insurance institutions. Our team is excited to work with and mentor the next cohort of FinTech entrepreneurs in this program. If you are interested in participating in this 3-month program (April - June 2025), the Lab is accepting applications. Check out the post below and apply! Dina Samra Sean Madgett

🚨Applications for our 2025 FinTech Innovation Lab cohort are officially OPEN!   The FinTech Innovation Lab is the best way for founders to collaborate with leading New York financial institutions to refine their product and gain unmatched entrepreneur mentorship.   Founded in 2010 by Partnership for New York City and Accenture, the NYC Lab has empowered 119 startups raising $2.7B in global capital.   Find out more and apply here: https://lnkd.in/eHEB2Xg4 Maria Gotsch, Luke Giancarlo, Steve Murphy, Catie S., James Golby

Congratulations to 55/Redefined, an alumni from our 2023 cohort, on reaching this significant milestone. We’re excited to see their continued success and growth! 👏

"The hardest thing that I have learned is saying no to a customer. As a founder, I am trained to always say yes because every conversation is a potential customer sale. But this is a fallacy. I believe that if you say yes to everything, you will excel at nothing." Great insights from Ben Colman, Co-Founder and CEO at Reality Defender, a Partnership Fund portfolio company and 2024 FinTech Innovation Lab grad. Check out his Q&A with Goldman Sachs to learn more about Ben and his path to tech entrepreneurship: https://lnkd.in/eZC9bNZ6

Excited to see Unite Summit bringing together many leaders shaping embedded finance! Request a seat to participate this September in NYC.

In case you missed it or want to relive Demo Day 2024, follow the link to learn more about the cohort companies, connect with their teams, and watch their pitches! https://lnkd.in/e5cxSUJe 2024 Cohort: Addition Wealth, Alt/Finance - Alternative Data Solutions, Boss Insights, Dynamo AI, LastMile AI, Muse Tax (Techstars '22), Qumis, Reality Defender, Stacklet