By Kartik Varma, Managing Director of ABN AMRO & Techstars Future of Finance Accelerator
We are excited to announce the ten startups selected to join the ABN AMRO & Techstars Future of Finance Accelerator, virtually in these pandemic times, in Amsterdam. Amsterdam is the birthplace of many financial innovations over centuries past that continue to influence the world of finance today. The first IPO, first mutual fund, and the first fully-fledged stock market were all born here. The Dutch history of financial innovation serves as our inspiration as we combine the two powerful networks of Techstars and ABN AMRO Bank.
The financial sector has an important role to play in the transition to a more sustainable world and to accelerate the digitization of assets and transactions. This year’s selection has focused on startups at the intersection of fintech with sustainability and digital assets that will redesign the financial sector and create a better future for consumers and businesses. We are privileged to bring this current class of fintech companies to Amsterdam to build upon the enduring Dutch history in fintech and to make a positive impact in the world that we hope will be equally long lasting.
When we opened applications for our program back in Q3 2020, deep in the middle of the pandemic, we had no idea what the world would look like in Q1 2021. We wrote “if you’re wondering if the ABN AMRO & Techstars Future of Finance Accelerator is right for your fintech startup, the resounding answer is: “Ja natuurlijk!”. We were overwhelmed with how much this partnership resonated with fintech entrepreneurs despite the pandemic. Hosting over 21 recruiting events across the world in 28 days, we were humbled by the enormous interest in our inaugural accelerator program with applications from over 50 countries. We are excited to welcome a diverse group of companies and founders from 20 countries and five continents, including 5 female founders and 2 female CEOs.
This year’s programme starts on March 29th with a demo day scheduled for early July. If you, like us, believe that the fields of sustainability and digital assets are the future, then come meet the class. The startups and I look forward to engaging with you during the program.
Over the three month program the class will be meeting 100s of mentors, EIRs, global partners, sponsors and alumni. On behalf of the accelerator I thank you for your ongoing support and the encouragement and guidance you will offer the incoming class. You are what truly makes Techstars the worldwide network that helps entrepreneurs succeed.
With that, I’m thrilled to welcome the following companies to the Techstars network. They are listed by sector.
SaaS platform that automates ESG and impact data gathering and reporting.
1-hour home valuations for a fully digital and speedy mortgage approval to generate higher conversions for lenders.
Climatetech marketplace for local impact investing connecting capital with community need.
Circular economy marketplace that unlocks the financial and environmental benefits of used electronic products.
Blockchain platform to issue, manage and monitor green and sustainable finance instruments.
Objective and transparent monitoring and certification of energy, sustainability and air quality performance of commercial real estate.
API providing developers with bank-grade custody infrastructure to safely manage cryptoassets.
Biometric payments and access via facial recognition in a private, secure and compliant way.
Intelligent cashback as an API, fuelled by Open Banking, helping apps engage and delight their users.