By Kartik Varma and Chris Adelsbach
We are thrilled to announce and to welcome 10 exciting companies to the 2019 Barclays Accelerator powered by Techstars in London.
Starting in the summer last year, we were on a mission to recruit the 10 best teams to join our programme. While many of our companies are based in Europe, our teams are incredibly global and diverse, coming from Africa, Asia, the Americas, and of course Europe. Companies in this class span financial services for the gig economy, cyber security, creation of new asset classes, risk management, credit card loyalty, insurance, asset leasing, and enterprise software.
It is a privilege to work with some of the best entrepreneurial talent around the world: they are redesigning the financial sector. Currently in its sixth year, the Barclays Accelerator powered by Techstars has solidified its reputation as the preeminent and most selective fintech programme in the world. Our growing list of successful alumni companies that are transforming financial services, like Everledger, Flux and Cuvva, is a testament to what our two powerful networks bring to the programme.
Barclays is shaping the banking landscape around the world at a time of rapid technological change and is the first partner of choice for some of the most promising fintech startups. Techstars is the worldwide network that helps entrepreneurs succeed: the 1,600 portfolio companies of our 41 accelerators have raised over $6.5 billion in capital. Together, Barclays and Techstars are able to offer young companies the acceleration they need to set them on the path to success.
We’d like to thank our mentors, global partners, sponsors, and alumni for their time and generous support. We look forward to another great cohort—and to presenting these companies to you on Demo Day at Rise London on May 2, 2019!
Trezeo offers the self-employed, particularly gig economy workers, financial services that turn unpredictable income into a regular pay cheque through an income smoothing solution.
Spark is a financial instrument that makes investing in carbon as easy as investing in the stock market, allowing individuals to erase their carbon footprint.
Urban Fox provides fraud detection and prevention software to enterprise scale merchants and payment processors targeting fraudsters who create fake online identities.
Smarter Human’s technology lets digital banks and fintech firms manage operational risk as a part of the agile product delivery lifecycle so that managing risk and compliance is no longer a bottleneck to innovation.
Paid’s platform allows micro businesses and freelancers to get paid on time through its invoice financing at scale for low value invoices.
Photocert’s software solution establishes and certifies the validity of visual evidence helping businesses like general insurance, on-demand asset rentals, and document certification to operate with efficiency and security reducing incidents of fraud and misinformation.
Krowd’s offer bidding marketplace provides personalized card linked offers to retailers and credit card issuers, allowing retailers to increase customer acquisition and retention and card issuers to increase usage.
Inbotiqa’s enterprise business email solution aimed towards high volume and group mailboxes in financial institutions improves productivity and customer service levels through workflow management in middle and back offices.
Capexmove’s software lets companies issue programmable debt to create tradable units, and thereafter track and settle them at a fraction of the cost of the current debt capital markets.
Block Aviation’s aircraft asset management software is creating a shared information platform to be used across the aviation ecosystem, reducing the cost of redelivery and facilitating efficient novations of aircraft leases.