On Wednesday, Queen City Fintech Accelerator announced the six members of its accelerator program’s ninth class. According to Queen City Fintech, more than 100 companies applied from 35 U.S. states and 20 countries. The accelerator runs from September 4th to November 14th and will conclude at the Southeast Fintech Venture Conference. As previously reported, the accelerator’s description reads:
“Queen City Fintech is a yearlong accelerator program. The first twelve weeks take place on-site in Charlotte and are designed to mature post-revenue startups through intense mentorship from leading banking executives, business development professionals, venture capitalists, and attorneys, among others in the city’s robust business community. Accepted companies also receive $20,000 for operational funding from the program with the potential for follow-on funding for the top performers in the program.”
The ninth class consists of the following:
- AskMyUncleSam (New York, NY): A digital tax assistant to make life easier for the 243 million U.S. tax filers.
- Collateral Velocity (Charlotte, NC): A software and service company that enables banks to extract more value from the management of their derivative collateral portfolio in the face of liquidity and regulatory capital constraints.
- DivDot (Victoria BC, Canada): Provides tools to local gig economies.
- ImpactCents (Charleston, SC): Helps members of younger generations invest spare change from transactions into impact investments through simple financial platform.
- iTrust (Atlanta, GA): A platform that prevents cyber supply-chain attacks.
- Mimble (Portland, OR): A platform that rewards saving, while yielding higher reward rates than existing credit cards without the crazy fees, helping folks pay for experiences over time while avoiding debt.
Speaking about the new class, Dan Roselli, Managing Director of Queen City Fintech, added:
“The quality of the applicant pool for class 9 of Queen City Fintech is the highest we’ve seen to date.”