FinTech Innovation Lab
Global fintech and insurtech accelerator co-founded by Accenture and the Partnership Fund for New York City. Runs 12-week programs across New York, London, and Asia Pacific, connecting early- and growth-stage startups with senior financial institution executives for a 0.5% equity stake.
- Company typePrivate
- Founded2010
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FinTech Innovation Lab does
FinTech Innovation Lab is a premier global accelerator program co-founded in 2010 by Accenture and the Partnership Fund for New York City. It runs 12-week programs in three regions — New York, London, and Asia Pacific (Hong Kong) — to help early- and growth-stage fintech and insurtech startups scale by accessing senior decision-makers at leading financial institutions. The Lab accepts applications from startups globally (200+ applicants per New York cohort), and financial institution partners actively select the companies they want to work with, with senior executives from those institutions leading engagements throughout the program. A New York insurtech track was added in 2017, running in parallel with the fintech track.
The program's core product is the accelerator itself: selected startups receive mentorship from senior financial industry, technology, and venture capital executives, proof-of-concept development with bank and insurer partners, regulatory guidance via a regulator-in-residence, and exposure to 140+ global financial sector partners culminating in a Demo Day. The Lab has graduated 394 alumni companies, facilitated 950+ proofs of concept, and alumni have collectively raised more than $6.6 billion in capital with 24 New York alumni acquired. The business model is structured around a 0.5% equity grant from participating startups — described as substantially lower than competing incubators — rather than cash fees. The Lab is not independently capitalized; it is jointly operated by Accenture (NYSE: ACN) and the Partnership Fund for New York City as a strategic ecosystem program.
The Lab does not generate revenue as a standalone entity; it operates as a program that delivers strategic value to its two co-founders — consulting and pipeline upside for Accenture, investment-access and ecosystem optionality for the Partnership Fund. Distribution is primarily direct application via the website, supplemented by referrals and an active LinkedIn presence. Maria Gotsch (co-founder) and Andy Brown (CTO in Residence) lead the program.
FinTech Innovation Lab firmographics
Firmographics- Name
- FinTech Innovation Lab
- Legal name
- FinTech Innovation Lab
- Website
- https://fintechinnovationlab.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Global fintech and insurtech accelerator co-founded by Accenture and the Partnership Fund for New York City. Runs 12-week programs across New York, London, and Asia Pacific, connecting early- and growth-stage startups with senior financial institution executives for a 0.5% equity stake.
- Ownership category
- akta.pro rank
FinTech Innovation Lab industry classification
Industry- Product category
- Fintech Accelerator Program
- akta.pro primary industry
- Corporate Accelerators & Startup Programs (FSANAHAD)
- akta.pro secondary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where FinTech Innovation Lab is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
FinTech Innovation Lab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Equity Stake: The program requires a 0.5% equity grant from participating companies in exchange for mentoring, access to financial institution decision-makers, and Demo Day exposure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | 0.5% equity grant in exchange for program participation |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
FinTech Innovation Lab product offering
Product offeringCore offering
FinTech Innovation Lab runs a 12-week intensive accelerator program in three regions (New York, London, Asia Pacific) that selects early- to growth-stage fintech and insurtech startups and pairs them with senior executives from over 140 global financial institutions for mentorship, proof-of-concept development, and Demo Day exposure. The program requires a 0.5% equity grant from participating companies in exchange for access to this curated network of decision-makers and the program's alumni and partner ecosystem.
Product overview
FinTech Innovation Lab is a single, unified accelerator program co-founded by the Partnership Fund for New York City and Accenture. The program operates across three regions (New York, London, and Asia Pacific) and provides a 12-week intensive curriculum that connects growth-stage fintech startups with senior executives from leading global financial institutions for mentorship, product refinement, and proof-of-concept development. The program has graduated 394 companies, facilitated 950+ proof-of-concept projects, and alumni have raised over $6.6B in capital.
Differentiator
Problem solved
Functional benefit
Brands
- FinTech Innovation Lab New York: Regional accelerator program for New York, launched in 2010, operating both fintech and insurtech tracks.
- FinTech Innovation Lab London
- FinTech Innovation Lab Asia-Pacific
Products and services
- FinTech Innovation Lab New York A 12-week competitive accelerator program for early- to growth-stage fintech and insurtech startups based in New York, providing mentorship from senior financial services executives, proof-of-concept development with leading financial institutions, Demo Day exposure, and access to a network of 140+ global financial sector partners. Participants grant 0.5% equity in exchange for program participation.
- FinTech Innovation Lab London
Quantifiable outcome
- 394 alumni companies raised a combined $6.6B+ in capital
- +4 more outcomes
Companies that use FinTech Innovation Lab
Customer profileNamed customers18 records
Segments3 records
Ideal customer profiles3 records
FinTech Innovation Lab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
FinTech Innovation Lab partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Partnership Fund for New York CitycoreCo-founder and co-sponsor of the FinTech Innovation Lab. The Partnership Fund for New York City is the $180 million investment arm of the Partnership for New York City, New York's leading business organization. Its mission is to engage the City's business leaders to identify and support promising entrepreneurs.
- AccenturecoreCo-founder and co-sponsor of the FinTech Innovation Lab. A global professional services company with leading capabilities in digital, cloud, and security, providing Strategy and Consulting, Technology and Operations services, and Accenture Song.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
FinTech Innovation Lab competitors and assessment
Company assessmentRegional players
- Level39: Level39 is a London-based fintech accelerator and technology hub that supports early-stage fintech companies with workspace, programming, and corporate introductions. It is a regional peer competing in the same London fintech ecosystem as the FinTech Innovation Lab London.
- NYU Tandon Future Labs / Cornell Tech Runway Startup Postdoc: NYU Tandon Future Labs is a NYC-based startup incubator/accelerator that supports early-stage tech and fintech startups with workspace, mentorship, and corporate introductions. It is a regional peer competing for NYC-based fintech founders and applicants to the FinTech Innovation Lab New York program.
Direct peers
- Techstars: Techstars operates a global network of accelerator programs including the Barclays/Techstars fintech accelerator. It runs 3-month cohort-based programs that culminate in demo days, takes equity in participating startups, and provides mentor networks. Directly comparable to the FinTech Innovation Lab in program structure, equity-for-service model, and fintech focus.
- Barclays Rise: Barclays Rise is a bank-operated fintech innovation program and accelerator that provides startups access to Barclays executives and infrastructure. It is comparable to the FinTech Innovation Lab's bank-sponsored model, particularly the London program where both compete for fintech startups and partnership opportunities.
- Plug and Play: Plug and Play runs industry-specific accelerator programs in fintech, insurtech, and other verticals, connecting startups with corporate partners. Its fintech and insurtech programs are direct competitors to FinTech Innovation Lab for both startup applicants and corporate sponsor partnerships, with a similar cohort-based, equity-light model.
- Startupbootcamp (now part of Rainmaking): Startupbootcamp operates multiple vertical-specific accelerators including fintech programs in London, NYC, and other financial centers. Its cohort-based structure, corporate partner network model, and equity-for-service offering make it a direct peer to the FinTech Innovation Lab in the global fintech accelerator market.
Broad incumbents
- Y Combinator: Y Combinator is the largest global accelerator with a broad (not fintech-focused) mandate. While it accepts many fintech startups, it is not industry-specialized. It competes for top-tier fintech founders and provides comparable demo-day exposure, making it the most relevant broad incumbent competitor.
- MassChallenge: MassChallenge is a global non-equity accelerator with programs including Fintech and Insurtech verticals. While broader in scope and equity-free, it competes for the same early-stage fintech startup pool and provides comparable mentor and corporate partner access.
Emerging players
- Anthemis: Anthemis is a fintech-focused venture capital firm and ecosystem platform that invests in and supports early-stage financial services startups. While not a traditional cohort-based accelerator, it offers comparable startup support, financial institution introductions, and ecosystem-building activities that overlap with the FinTech Innovation Lab's value proposition.
Others
- EFMA (European Financial Management Association) / Accenture Banking Consumer Study ecosystem programs: EFMA is a global financial services industry association that runs innovation programs, fintech showcases, and corporate-startup matching services. It is an adjacent ecosystem player that competes for mindshare among financial institutions seeking startup engagement, with overlapping value proposition but a different operating model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
FinTech Innovation Lab social profiles
Digital presenceFinTech Innovation Lab compliance and trust
Trust signalCompliance1 record
FinTech Innovation Lab financial estimates
Financial estimateRevenue estimate
Valuation estimate
FinTech Innovation Lab leadership team
Management profileNumber of profiles
Profiles2 records
FinTech Innovation Lab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FinTech Innovation Lab M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FinTech Innovation Lab
What does FinTech Innovation Lab do?
FinTech Innovation Lab runs a 12-week intensive accelerator program in three regions (New York, London, Asia Pacific) that selects early- to growth-stage fintech and insurtech startups and pairs them with senior executives from over 140 global financial institutions for mentorship, proof-of-concept development, and Demo Day exposure. The program requires a 0.5% equity grant from participating companies in exchange for access to this curated network of decision-makers and the program's alumni and partner ecosystem.
Is FinTech Innovation Lab a public or private company?
FinTech Innovation Lab is a private company. It is classified as corporate owned and is currently operating.
When was FinTech Innovation Lab founded?
FinTech Innovation Lab was founded in 2010. It employs 11 to 50 people.
Where is FinTech Innovation Lab based?
FinTech Innovation Lab is headquartered in New York, United States, in the North America region.
How does FinTech Innovation Lab make money?
One revenue line is on record: equity Stake.
Who are FinTech Innovation Lab's main competitors?
Regional players on record are Level39 and NYU Tandon Future Labs / Cornell Tech Runway Startup Postdoc. Direct peers are Techstars, Barclays Rise, Plug and Play and Startupbootcamp (now part of Rainmaking). Broad incumbents are Y Combinator and MassChallenge. Anthemis is listed as an emerging player. EFMA (European Financial Management Association) / Accenture Banking Consumer Study ecosystem programs is listed as an others.
Does FinTech Innovation Lab have an API?
No public API is recorded for FinTech Innovation Lab.
What industry is FinTech Innovation Lab in?
FinTech Innovation Lab's product category is Fintech Accelerator Program. Its primary akta.pro industry code is FSANAHAD, Corporate Accelerators & Startup Programs, with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated).