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New York's Prestigious Fintech Innovation Lab Selects Spiral

By Team Spiral|April 3, 2023
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Dear Spiral Community,

We are excited to announce that Spiral has been selected to participate in the premier program of Fintech Innovation Lab New York. This prestigious and highly competitive program brings together some of the most promising fintech startups from around the world. This is a significant milestone for Spiral, and we are honored to be chosen by such a prestigious organization.

Founded in 2010 by the Partnership Fund for New York City and Accenture, The Lab has helped establish New York as a fintech leader while growing technology jobs in the New York area. The program provides a unique opportunity for fintech startups to work with the world's leading financial institutions and receive mentorship from senior executives in the industry. The ultimate goal is to help startups accelerate their growth and bring innovative solutions to the financial sector.

Being selected for the Fintech Innovation Lab New York is a testament to the hard work and dedication of the Spiral team. We have always believed that our impact-driven approach to fintech can make a real difference in people's lives, and this recognition only validates that belief.

Over the next few months, we will work closely with our program mentors and partners to refine our product offerings and scale our impact. We are confident that this experience will be invaluable for Spiral, and we cannot wait to see what the future holds.

Here are some interesting statistics about the Fintech Innovation Lab and its success:

  • Since its inception in 2010, the Fintech Innovation Lab has helped over 80 startups grow and succeed in the financial sector.

  • The program has a 95% success rate, meaning that 95% of the participating startups have gone on to secure major clients, partnerships, or investments.

  • Participating startups have raised over $2.5 billion in funding collectively and created more than 2,000 jobs after participating in the program, and 24 of those companies have since been acquired. 

  • Over 50 financial institutions have participated in the program, including major players such as JPMorgan Chase, Goldman Sachs, and Citigroup.

  • The Fintech Innovation Lab is now a global program with locations in New York, London, and Hong Kong.

These statistics demonstrate the incredible impact that the Fintech Innovation Lab has had on the fintech industry and the startups that participate in the program. We are thrilled to be a part of this community and look forward to the opportunities and growth for Spiral.

We also hope that our participation in the Fintech Innovation Lab New York will inspire other impact-driven startups to pursue their dreams and never give up on their mission to create positive change in the world.

We want to express our gratitude to the Partnership Fund for New York City and Accenture for selecting us for this program, and we look forward to collaborating with our fellow fintech innovators in the coming months.

Thank you for your continued support of Spiral, and we can't wait to share more updates with you soon!

 

Sincerely,

The Spiral Team

 

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