We are excited to present promising, early-stage startups, developing fintech solutions selected for the AWS FinTech Accelerator, created by Amazon Web Services (AWS) in partnership with Vestbee.
Now, let’s take a closer look at their FinTech solutions!
Toqio
The very first on the list, Toqio is a fintech platform and marketplace for creating banking and in-house finance solutions. Using the platform, companies can quickly configure, build, and launch fully functional apps or sites with selected features while avoiding the significant up-front and maintenance costs associated with launching a home-grown solution.
Orbital
The up-and-coming startup, Orbital is a London based, fast growing, hybrid fintech and blockchain firm which solves corporate transactional banking through a combined fiat & digital asset neobank offering. Enterprise corporations who operate on a global scale can now easily transact in stablecoins and other major cryptocurrencies with a seamless bridge back into traditional fiat currencies. Orbital combines its services in a single corporate treasury platform which is fully licensed in both UK and Estonia.
Playter
The forthcoming company on the list, Playter is a BNPL provider for businesses. Playter helps fund UK businesses with up to £1m per year in clever credit. Using the Playter platform and it's funding, companies can instantly convert their business expenses over a 6-12 month period to enjoy healthier cashflow/liquidity dynamics and potentially negotiate lower supplier rates by simply paying upfront.
Plend
Plend is an open-banking fintech on a mission to make credit history, history. At its core, the company provides affordable credit from 3.99% APR to people locked out from traditional finance due to inaccurate credit data, but still have high income stability and propensity to pay.
Ozone API
The next company in the cohort, Ozone API is an open API technology platform for banks and financial institutions. The Ozone API removes the complexity of open finance, enabling banks and FI's to quickly deliver open APIs that comply with regulation and go way beyond compliance with value adding and premium APIs.
Kikapay
The forthcoming selection, Kikapay is an online payments platform for merchants aiming to replace existing card transactions with account to account payments. By using Kikapay, Businesses receive payments immediately, are no longer responsible for validating the customer payment data, nor are subject to chargebacks, and save up to 85% of the processing costs. Their customer's experience is also improved and secure.
PropertyCard
PropertyCard is a super app for UK homeowners and tenants to manage all property services and payments in one place. Users can pay utilities, rent, and list their home. Everything is done in one place with maximum savings of money and time, securely.
Smarter Contracts
The up-and-coming startup from the cohort, Smarter Contracts have developed a data privacy and consent management platform -Pulse. Pulse is a business-to-business solution that provides web2 organisations with the tooling they need to become web3 enabled. In doing so, Pulse allows organisations to build more trustful relationships with their customers, increase their standards of compliance across all data protection regulations, whilst streamlining inefficient back-office processes. For their client's customers, Pulse makes data sharing universally simple,engaging, transparent, and fair.
Trove
The next company on the list, Trove is an investing app to simplify and faciliate investments into and from Africa. With Trove, users can now access a quite promising investment ecosystem at a much lower entry cost.
WeCovr
WeCovr is a London-based insurtech startup specialising in embedded insurance. Having already issued over 100,000 policies of various types, we enable all digital companies to embed insurance into their product offerings, increasing their LTV and customer retention, while protecting their users against various risks.
Atlas Metrics
Atlas Metrics offers an ESG data accounting and reporting suite for companies and investors. Using Atlas Metrics, their customers can connect with their stakeholders (suppliers, investors, and more) and have an automated and unified source of truth for their ESG data. They can automatically report ESG performance across multiple standards, and save both time and money on the whole data management process.
Acounto
The next in the cohort, Acounto is a digital accounting service for Europe's growing SMB segment. Using Acounto, their customers can handle their accounting & payroll tasks at 10x the speed for half the cost of a traditional accountant.
Kani
Kani is a financial reporting and reconciliation software for fintech companies. Using Kani, the users can easily collect and analyze all of their customer data, saving precious time and money on staying compliant while acquiring high-quality business intelligence.
Lenkie
The forthcoming startup on the list, Lenkie provides the embedded lending infrastructure to enable online platforms to become a source of funding for their business users. Using our product, marketplaces and vertical software platforms are able to offer their business customers fast and frictionless access to funding, in a matter of days
Locket
Insurance companies like to portray themselves as "umbrellas", but in reality, insurance today is not an umbrella - it's a towel. Locket is rejecting the old insurance ways by building proactive home insurance for digital natives. It uses connected devices and behaviour-changing, gamified education to help homeowners to prevent bad things from happening in the first place, and it rewards them for doing so.
Mmob
Mmob is an embedded finance platform that enables service providers to launch their services rapidly into new distribution channels. With mmob, providers can significantly decrease the costs of building onward journeys while distributors provide a better diversity of services and solutions to their customers.
Kymatio
Kymatio prepares organizations and individuals against cybersecurity threats. We measure the organization level of human cyber risk, assess employee alertness, and manage the cyber security awareness program through personalized awareness strategies, phishing simulations, and search for exposed credentials.
AssetVault
The forthcoming startup on the selection, AssetVault is a platform to digitize the succession planning documentation and procedures. At its core, the product allows users to answer a few questions, send a completed draft to an expert and approve the will affordably and at speed. Having established a presence in the UK & Europe, AssetVault is now launching its services in India with a mission to help Indian families protect their hard-earned wealth via ‘AasaanWill’.
Trilo
The next in the cohort, Trilo is a new payments network, who are building the simplest way for people to pay people. At it's core Trilo are giving students a simple way to split bills, pay each other, and shop at local merchants in town. Trilo is giving local businesses the tools to attract and retain a generation of new customers.
VALK
VALK is a FinTech startup providing DeFi portfolio monitoring for retail and professional users. To enable its core services, the product allows users to easily connect their DeFi wallet to the application, and provides an institutional-grade portfolio tracking analysis into the transactions-related data. This includes P&L, daily NAV reports, market insights and more. It is accessible via a front-end connection and has open APIs.
Yoello
Yoello is a mobile payment & ordering platform for businesses. At its core, Yoello allows users to easily pay and order things through QR codes while connecting to banks directly to provide P2P and A2A payments, reducing transaction fees dramatically.
Add To My Mortgage
The up-and-coming company on the list, Add To My Mortgage is a platform to enable the green home transition. To do so, the company mediates between the mortgage providers, green vendors, and customers to provide hassle-free financing for energy-efficiency improvements.
Bayfikr
Bayfikr is the only startup empowering migrants to send & pay for their loved one's services in their country of origin, along with traditional remittances. To enable this, the app integrates directly with utilities, businesses, banks & service providers in the country of origin while allowing a quick and easy way of settling the payments directly from the migrant’s international bank accounts. So, while every company focuses on the need to remit money, Bayfikr removes that need altogether.
Paysme
The forthcoming startup from the cohort, Paysme is building a B2B super app to serve an ever-growing yet underserved SME segment. With Paysme, the users can now have services like mobile payments, ecommerce, digital banking, accounting, lending & insurance all under one roof and specifically tailored to their needs.
PF Nexus
The next startup on the list, PF Nexus is creating global visibility for renewable energy investment. Thanks to PF Nexus, investment funds, banks and clean energy supermajors can discover solar farms, wind projects and other clean energy infrastructure projects which are seeking acquirors or capital. Their SaaS-enabled marketplace offers a centralized, digitized and standardized hub through which investment teams can collaborate to quickly identify, research and connect with opportunities, leveraging their business development capabilities with the use of proprietary data, AI, algorithms, and ML.
Hammock
Hammock is a property finance platform that helps landlords save time and money. They provide banking, bookkeeping, tax statements, and business intelligence services for the property sector.
Fintuity
The next company from the cohort, Fintuity is a platform democratizing access to holistic financial advice. To provide for it, the startup offers a combination of AI-driven and human advice which creates a perfect combination for offering affordable and high-quality service covering investments, pensions, protection, mortgages and IHT.
ESGgen
The forthcoming startup from the cohort, ESGgen is positioning itself to be the first SMEs accounting grade, plug-and-play saas for non-financials - think quickbooks for ESG. Their technology automates the work of Certified Public Accountants (CPAs) in assuring non-financial or sustainability data. Specifically, the IP automates the collection of source data, evidence checks, tests, judgements, calculations, reporting and sign-off requirements of International Auditing Standards (ISAE 3000).
Clowd9
The up-and-coming startup, Clowd9 is the world’s first cloud native, decentralized, issuer processing platform. Designed to be the most efficient and data rich processor enabling real time payments across any network, any system, and any payment type from Visa and Mastercard to QR codes, anywhere around the world. With an extensive team of experienced payments executives and cloud engineers, CLOWD9 has built unrivalled solutions for the industry; deconstructing complex payment ecosystems and continually rethinking and redesigning them in the cloud.
CreditEnable
The next on the list, CreditEnable is a multi-award winning technology platform that enables efficient SME lending and borrowing. At its core, the company is a cloud-based platform focused on digitally enabling SME borrowers to get efficient and affordable credit and providing SME lenders with decision optimising solutions to help them grow more efficiently through its proprietary AI and data analysis.
Rackle
Rackle is a startup offering a banking-as-a-service platform that lets financial companies quickly embed and integrate new features through an API. To enable this, the platform takes care of offering compliant, easily embeddable features to scale their clients' businesses quicker and with fewer upfront costs.
Vent Finance
Vent Finance is a community crowdfunding ecosystem that makes it easy to join compliant token sales of blockchain projects. With the help of Vent Finance, the blockchain projects will not only expose themselves to additional funding opportunities but acquire active support in establishing token metrics design, go-to-market strategy, cap table creation and help with other crucial aspects of the project.
Smabbler
Smabbler is a startup developing a scalable NLP engine for instant knowledge generation. Using Smabbler, users can systematically unify and analyze customer feedback data, providing actionable insights and improving offer management while cutting the costs of customer service and extended data science and/or AI projects.
Radish
Radish is an embedded lending-as-a-service platform which democratizes access to consumer finance. Radish partners with community organisations to provide a comprehensive and personalised lending solution that meets a community's specific, unmet borrowing needs - reflecting a more accurate risk assessment and serving many more customers as a result!
Yokahu
Yokahu offers insurance contracts for extreme weather & natural disasters that are event based and operate on smart contracts. Pre-Agreed sums are sent to customers as soon as data confirms the event has happened. This fast paying and simple natural disaster protection provides access to catastrophe insurance to previously neglected markets and helps alleviate the immediate and long-term economic impacts of the disaster. Yokahu works with organisations to protect the vulnerable communities they rely on.
Peerkat
Peerkat is an NFT data platform that reduces complexity for NFT owners by allowing them to analyse new projects and track & manage their NFTs all in one place. With Peerkat users get unrivalled access to data insights, portfolio tracking and financial services for NFTs.
WCKD RZR
WCKD RZR is a data enablement suite that connects to all the databases in an organization and turns those databases into a singular database environment. The suite manages access and compliance across global jurisdictions. To enable the functionality of the offering, the company organizes and distributes an organization’s data in a safe and secure way by creating a central acces point for business users.
Mistho
Mistho is building the first open payroll API for Europe. Using Mistho, organizations can access reliable, first-party employment and income data to provide for smoother and more efficient processes in lending, referencing and background checking. To do this Mistho builds integrations that enable consumers to share their data straight from their employers HR/payroll platform via user-permissioned access.
FinDynamic
FinDynamic is a supply chain finance startup offering an all-in-one financial suite for the industry. Via its digital platform the company provides services like Dynamic Discounting, which enables early payment for the supplier, and other services that allow to optimize the management of active and passive invoices and to strengthen both sides of the supplier-customer relationship.
Automated Regulatory Monitoring
Automated Regulatory Monitoring is a startup that helps lenders and utilities collections teams to identify vulnerable customers to provide the right financial alternative, minimize any risks and prevent fraud. ARM uses transactional, audio, and medical data to provide a customer report with the most accurate and complete information in a way that anyone can understand. ARM's AI model has evaluated 2,5 million individuals and was selected by the FCA and the City of London Corporation for their Digital Sandbox Pilot.
Science Card
Science Card is a neobank tailored to serve the research and science community. To enable this, the startup provides a seamless banking experience while also providing various ways of finding and funding science projects, creating a better financial ecosystem for all parties involved.
Asset Reality
Asset Reality's platform allows the public and private sector(s) to manage the digital asset recovery process from seizure, to custody and realisation. Clients can outsource the entire process from conducting sophisticated crypto investigations to manage/recover the portfolio of stolen/seized assets.
hubb
hubb is a commercial insurance broker aiming to provide cheaper and higher-quality services. To make it a reality, hubb relies on AI-led decision-making, data augmentation and unique automation of processes all of which help provide a better experience for both the insurers and customers.
Related Posts:
AWS Web3 Challenge For Innovative Web3 Startups (by Katarzyna Groszkowska, Editor, Vestbee)
TOP 100 Innovative Companies From CEE Startup Challenge (by Agata Szewczykowska, Vestbee)
TOP 100 Innovative Companies From European Startup Challenge (by Aleksandra Wirth, Vestbee)
