Based in 2010, the FinTech Innovation Lab New York, a 12-week programme based and run by Accenture, the digital service supplier, and the Partnership Fund for New York Metropolis, helps early- and growth-stage fintechs speed up product and enterprise improvement. Marking its fifteenth yr, the newest 11 corporations chosen to participate within the programme have been introduced.
The FinTech Innovation Lab New York has assisted entrepreneurs from 119 expertise firms. Since 2010, these programme graduates have created greater than 3,000 jobs and raised greater than $2.98billion in enterprise financing. Thirty-one of them have additionally been acquired.
Trying to assist corporations by way of in-depth engagement from high monetary companies and enterprise capital executives, this yr, lots of the chosen contributors have centered on agentic AI purposes. A whole lot of the category contributors are engaged on structure that employs AI brokers to orchestrate and automate complicated enterprise workflows to boost productiveness, decision-making, and total operational effectivity.
Others within the class provide AI- and machine learning-enhanced expertise modernisation methods, together with danger, compliance, and safety options.
Steve Murphy, Accenture’s Monetary Providers business options lead and govt sponsor of the FinTech Innovation Lab New York, stated: “AI stays a high funding precedence in monetary companies, with agentic AI rising as a robust device for establishments to simplify complicated workflows and streamline operations. The 2025 class is bringing artistic approaches to essential enterprise capabilities, making use of agentic AI and different instruments to danger and compliance, cybersecurity, and expertise modernization.
“Chosen by high buyers and business leaders, their options are designed to deal with perennial enterprise priorities in new methods — from enhancing buyer acquisition and retention to optimising portfolio administration and bettering underwriting.”
The 2025 FinTech Innovation Lab New York contributors are:
- ANCHAIN.AI (San Jose, CA) – an agentic AI platform that helps monetary establishments examine monetary crime, improve compliance and forestall fraud in digital asset transactions and past.
- Bloop (London) – an organization offering AI-powered legacy techniques modernisation, with an preliminary deal with mainframe and midrange techniques to cloud migration.
- Cardo AI (New York) – a portfolio modeling and information platform that helps asset managers and different monetary establishments to handle unstructured information, mannequin cash-flows of belongings and liabilities, and improve risk-adjusted returns for asset-backed and personal credit score investments.
- DeepSee.ai (Salt Lake Metropolis) – an organization that builds AI brokers that assist monetary companies corporations get rid of regulatory danger, streamline operations and improve consumer interactions.
- Feathery (San Francisco) – an organization that builds AI-powered information and doc consumption workflows for monetary establishments to streamline business underwriting and consumer onboarding.
- IronVest (New York) – a cross-channel fraud prevention platform that fuses consumer identification with intent to get rid of account takeovers, scams, first-party fraud, and onboarding threats.
- Lyzr (Jersey Metropolis, NJ) – an agent infrastructure platform enabling enterprises to securely construct, deploy, and handle production-grade AI brokers with built-in accountable AI guardrails.
- Multimodal (New York) – an AI-powered automation platform that configures, deploys and manages digital brokers for center and back-office roles in finance and insurance coverage.
- Palqee (San Francisco) – a real-time AI monitoring firm that helps organisations in regulated industries detect dangers, uncover biases, and guarantee regulatory compliance in AI-driven decision-making.
- Runhouse (New York) – a developer platform that simplifies machine studying experimentation and deployment, permitting engineers to scale fashions seamlessly on cloud infrastructure.
- Wellthi (Arlington, VA) – a monetary expertise firm that embeds social and AI-driven banking options into cellular apps to assist establishments entice and retain youthful clients.
The lab will conclude with the 11 firms delivering in-person shows on their progress to executives throughout the banking, insurance coverage, capital markets and enterprise capital sectors in late June for Demo Day at BNY’s Manhattan workplace.
Unlocking effectivity with AI
Maria Gotsch, president and CEO of the Partnership Fund for New York Metropolis and co-founder of the FinTech Innovation Lab New York, stated: “15 years in, the FinTech Innovation Lab continues to be a proving floor for cutting-edge firms to use their expertise in the actual world.
“By working immediately with management at New York Metropolis’s monetary establishments to check and refine their worth proposition, this yr’s cohort has the chance to point out how AI-driven instruments can unlock effectivity, improve resolution making, and reinforce New York Metropolis’s standing as a world fintech chief.”
Cathinka Wahlstrom, chief business officer at BNY and co-founder of the FinTech Innovation Lab New York, stated, “The varied firms on this cohort are bringing really revolutionary pondering to the following technology of technology-driven options for the monetary companies business, from a Salt Lake Metropolis-based fintech centered on constructing AI brokers to assist corporations strengthen their method to regulatory danger and consumer interactions to an organization in Virginia that’s utilizing AI inside cellular apps to assist corporations entice youthful purchasers.
“At BNY, we count on AI will grow to be a part of nearly each services or products we ship, and I stay up for seeing these inspiring entrepreneurs deliver their merchandise to life at Demo Day at BNY.”