Plug and Play is launching a new accelerator based in Paris. This time, the corporate is partnering with French financial institution BNP Paribas and focusing on fintech startups. the primary batch of startups has just been picked.
Plug and Play has launched a couple of accelerators with a distinct industry version than most accelerators. instead of taking some fairness in alternate of what you get from the acceleration software, Plug and Play matches big companies with startups specializing in a particular vertical.
on this case, BNP Paribas is the primary associate. Startups are going to fulfill and work with various BNP Paribas business units as a way to see if those startups can remedy a problem and work with the big bank at the end of this system. I’m sure BNP Paribas is already enthusiastic about drawing near some of them for a possible acquisition or funding. They’ll have 12 weeks to work on those tasks.
right here’s a snappy description of these 10 startups:
Birdycent (France): Birdycent is a savings answer that allows its users to save money intelligently and painlessly. It’s a bit of like Acorns, however Acorns most effective works in the U.S. 7,000 people signed as much as Birdycent and are robotically saving a number of cents right here and there.
DreamQuark (France): DreamQuark is working on various options to control huge units of structured and unstructured data. the company is using artificial intelligence to help firms figure out what’s actually going down at the back of all this data. it’s working with large corporations in a handful of industries — finance, insurance coverage and healthcare. And, yes, BNP Paribas fits the bill.
Dunforce (Spain): Dunforce helps companies handle their bill workflow via providing a sensible and digital assistant. Dunforce has an API to combine with quite a lot of forms of ERP solutions so to have interaction with you clients without altering your workflow. Dunforce then ensures that you pay your invoices on time and could also will let you get paid sooner.
Miracl (U.ok.): Miracl is a safety startup for delicate industries. for those who’re a bank like BNP Paribas, you need to guarantee that your data continues to be secure as you’re dealing with a ton of delicate knowledge about your clients, your investments and extra. It’s supposed to be safer than using passwords, certificates, and so forth.
Savedo (Germany): Savedo is a ecu online marketplace for retail investment products. The provider finds the most effective rates of interest throughout the eu Union whereas with the intention that your funding remains protected. If a bank at the different end of the continent recordsdata for chapter, your cash must be safe.
SBDA group (eire): The SBDA platform is making banking consumer enhance higher. I don’t learn about you, but my worst customer fortify experiences have always been with monetary institutions. As always, it’s all about leveraging artifical intelligence to extend response rate, move-promote and extra.
SizeUp (united statesA.): SizeUp helps banks better serve their small industry shoppers. SizeUp gives industry intelligence and market analysis to small firms so they are able to make smarter choices via data. Some banks already license SizeUp for his or her trade shoppers.
OneUp (France): OneUp needs to automate accounting duties. Many entrepreneurs waste too much time filling out varieties or paying accountants. OneUp syncs with your bank account then learns out of your transactions to automate accounting as a lot as imaginable.
Sonect (Switzerland): Sonect turns retail retailers into ATMs. Let’s say you’re launching a bank in a new us of a. as an alternative of creating out a full-fledged community of ATMs to let your shoppers withdraw and deposit money, that you may accomplice with Sonect to take advantage of existing retail retailers. you can go to the cashier, express a QR code and get money while you’re buying some groceries.
Vizru (u.s.A.): Vizru allows you to create good apps with very little engineering data. this fashion, which you could automate some tactics and make your organization more environment friendly.
Startups – TechCrunch