Fintech Sandbox unveils a demo day lineup

For the first time, the event will be held over three days, from 11 to 13 April 2023. Eighteen start-ups – double the number of previous years – will showcase technologies and products built during their Data Access Residency.

This global group of fintech innovators hails from North America, Europe, Africa and Asia. They work in areas including artificial intelligence, financial automation, digital banking, small business lending, capital markets, personal finance and wealth/asset management. The event will also feature important spotlights on new fintech trends from senior industry leaders.

“Today’s emerging fintechs can improve industries on a global scale, and this year’s Demo Day will shine a light on new technologies built for the future of financial services,” said Kelly Fryer, CEO, Fintech Sandbox. “At a time when it is important for financial products to match the complexity of our real lives, data is the fuel for these innovations. They are the building blocks for objective artificial intelligence, generational wealth building, improved credit, more efficient industries and much more.”

Each demo day will feature six startups and address key topics. The agenda includes:

April 11: Artificial Intelligence and Institutional Investment
• As ChatGPT made the potential of generative AI mainstream and capital markets trends are covered on TikTok, hear from entrepreneurs who have applied artificial intelligence and machine learning techniques to the biggest challenges in fintech and capital markets.
12 April: Consumers and private finances
• Recent economic uncertainty and rising retail prices have made personal financial security a global necessity. New innovations in consumer credit, wealth building and financial education can create a way forward for millions.
13 April: Small and medium-sized enterprises and financial infrastructure
• SMEs make up the vast majority of businesses and employment around the world, but their financial needs are often overlooked. Additional niche fintech markets such as commerce, public and nonprofit finance, and supply chains are being innovated by redesigning financial infrastructure, automation, and financing options that allow these sectors to grow and thrive.

The 18 fintechs include:
• Act2 Financial (Boston, USA) – improving financial well-being for seniors
• Ampli-fi.io (Larchmont, USA) – digitalization of the guarantee for equipment loans for small businesses
• Astor (Cambridge, USA) – redefines portfolio management software for retail investors
• CAKE Capital (Toronto, Canada) – reengineering and automating the process of originating, underwriting and servicing loans to SMEs
• Calculus Inc. (Miami, USA) – leverages advanced analytics and AI to help companies improve their financial supply chains
• CloudStrat (New York, USA) – a code-free platform for building, backtesting and implementing systematic trading strategies
• CrossKudi (Wauwatosa, USA) – building the most trusted financial platform for the 47+ million immigrants in the US
• Finurja (Mumbai, India) – a virtual “fitbit” and personal robo-advisory platform that helps the “simple needs affluent” in non-metro India achieve their life goals
• Fishtail.ai (Boston, USA) – a trade finance automation platform that enables freight forwarders and merchants to finance the movement and purchase of goods for SMEs
• Fluid Finance (Accra, Ghana) – helps small farmers in Africa secure their income
• Impactica Labs (New York, USA) – provides nonprofits and public institutions with the fintech infrastructure needed to drive innovation and strengthen access to the social safety net
• MarketReader (New York, USA) – provides clear, objective explanations of asset price movements in a way that is accessible to all types of investors
• Popstox (Boston, USA) – provides practical financial insight into social media for business
• ProsperOn (Boston, USA) – eliminates financial stress and anxiety for young adults, leveraging simulation, gamification and personal story lines to teach financial literacy
• Remynt (San Francisco, USA) – empowers consumers to rebuild their credit while resolving delinquent debt
• Scribe (London, England) – a data platform that provides deep insight into private companies, powered by AI
• Theia Insights (Wilmington, USA) – generative AI for finance and thematic investment for institutional investors
• TRaiCE Inc. (Schaumburg, USA) – AI-enhanced early warning system that can detect risks to your loan portfolio