MassChallenge Fintech to Help 30 Excessive-Potential Monetary Know-how Startups for its 2021 Accelerator Program

MassChallenge, an 11-year-old non-profit, no-equity accelerator program, has added 30 new Fintech and 30 Healthtech startups to its 2021 program. Each teams might be launched at a digital MassChallenge Verticals Opening Nights occasion on January 13, 2021.

5 of this 12 months’s MassChallenge Fintechs are primarily based in Massachusetts. 5 of this system’s Healthtech firms are additionally working out of Massachusetts. Launched in Boston, the MassChallenge now provides applications in Mexico, Israel, and varied different cities throughout the USA.

The managing administrators of each the Fintech and Healthtech applications said that the candidates this 12 months have been very aggressive and numerous. For the Healthtech group, the 30 initiatives have been chosen from over 380 candidates throughout greater than 35 completely different international locations — which suggests there was lower than an 8% acceptance charge. (Be aware: for the checklist of Healthtech corporations accepted, test right here.)

MassChallenger MD Fintech, Devon Sherman, said:

”We’re excited by the vary of options and views this 12 months’s cohort brings. In our expertise, this variety of backgrounds and concepts is what drives true innovation.”

Jason Guenther, Head of Funding & Operations Applied sciences at Putnam Investments, remarked:

“This 12 months‘s MassChallenge program was instrumental in serving to us discover firms with whom to companion in fixing necessary enterprise points. Our partnership with MassChallenge has accelerated our digital journey and enabled us to assume in another way about leverage know-how to enhance enterprise outcomes.”

Listed here are the Fintechs which might be a part of the MassChallenge accelerator:

MassChallenge Fintech 2021 cohort:

Accern (New York) – Accern accelerates AI workflows for enterprises with a no-code improvement platform.

And Monetary (New Hampshire) – And Monetary helps people rework scholar debt into retirement belongings.

Beekin (New York) – Beekin is an asset administration platform for business actual property buyers, powered by huge knowledge and machine studying.

Bellwethr (Kansas) – Bellwethr helps companies maximize every of their buyer’s lifetime values with predictive and prescriptive analytics.

Bodeswell (Massachusetts) – BodesWell companions with the biggest monetary providers firms to maneuver folks towards their monetary targets.

Compliance.ai (California) – Compliance.ai is a modernized regulatory change administration resolution.

eCredable (Georgia) – eCredable helps customers and small enterprise homeowners construct stronger credit score profiles to entry higher monetary services and products.

EmpowerYu (California) – EmPowerYu is tackling the eldercare disaster by giving medically weak folks and their caregivers steady danger evaluation from dwelling.

Farther Finance (California) -A household workplace was for billionaires. Farther Funds replaces legacy tech and archaic processes to tug that have ahead.

Finaeo (Ontario) – Finaeo is streamlining insurance coverage distribution by connecting insurance coverage carriers, advisors, and shoppers by means of an built-in expertise.

Flourish Financial savings (California) – Flourish gives monetary establishments with a tailor-made engagement platform to drive deposits and deeper relationships.

Gig Wage (Texas) – Monetary infrastructure for the way forward for work. Gig Wage helps firms and platforms pay unbiased employees, aka gig employees & freelancers.

Goalsetter (New York) – Goalsetter is the neatest cash app for the entire household – from cradle to commencement, together with mother and father, too.

gravityAI (New York) – gravityAI is a platform for Enterprise enterprise groups to discover, check, and intergrade AI algorithms with no need to know code.

Habu (Massachusetts) – Habu is the main Knowledge Clear Room software, enabling secure knowledge sharing between firms with privateness and safety at its core.

HomeZada (California) – HomeZada is a private finance/fintech platform for customers to handle their largest monetary asset and largest expense, their dwelling.

Knoema Company (New York) – Knoema is a knowledge know-how platform that helps make world, different, subscription and inside knowledge discoverable and helpful.

Manetu (New Jersey) – Manetu’s Shopper Privateness Administration platform provides seamless, dynamic and clever finish to finish administration of shopper consent and knowledge entry.

Monit (Massachusetts) – Monit is a predictive cashflow and monetary optimization platform designed for enterprise homeowners as an clever, always-on advisor.

myGini (California) – Magic in your playing cards. Rewards and purchasing provides to make spending and saving cash simpler. White labeled on your model.

Optalitix (London) – Optalitix provides an progressive AI and know-how software program platform providing merchandise to quickly allow monetary providers firms to make use of AI.

Owlin (Amsterdam) – Owlin is a information analytics device that helps finance professionals monitor their portfolio proactively, repeatedly, and in real-time.

Qoins Applied sciences (Georgia) – Qoins is a monetary wellness app that helps customers repay their debt quicker by combining monetary training and automation.

Retail MarketPoint (Rhode Island) – Each retail actual property transaction within the U.S. – each property sale, lease, mortgage, or funding – could be measured by a Retail MarketPoint BrandScore™.

Retirable (New York)– Retirable helps pre-retirees plan for a greater future with free entry to skilled retirement steerage and planning providers.

Rialto Markets (New York) – Rialto democratizes and expands non-public markets for each issuers and buyers.

TCARE (Missouri) – TCARE reduces the danger of Medicaid & LTC insurance coverage claims by way of an evidence-based household caregiver assist program.

WEVO (Massachusetts) – WEVO is the one device that pinpoints why guests aren’t changing and generates suggestions to enhance conversion, earlier than going stay.

Workscope (London)  – Workscope makes use of knowledge analytics & enterprise intelligence to grasp, govern and handle danger for spreadsheet pushed operations.

Worthright (Massachusetts) – Worthright is a FinTech firm that takes the anomaly out of planning and paying for long-term care.