2019 FinTech Innovation Lab Graduation Day

BRILLIANCE. ACCELERATED. WELCOME TO THE FINTECH INNOVATION LAB LONDON GRADUATION DAY 2019 28 MARCH 2019 @FinTechLabLDN #FinTechLab19 fintechinnovationlab.com/london ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 1 22/03/2019 08:46

WELCOME TO THE FINTECH INNOVATION LAB LONDON GRADUATION DAY 2019 THANK YOU FOR BEING HERE. 2 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 2 22/03/2019 08:46

First of all, I’d like to congratulate all the companies who have taken part in this year’s Lab and to give my particular thanks to all our partners who have collaborated with us to make the past three months a success. London continues to be a world-class environment for scaling FinTech and helping to redefine the financial services industry. With regulation and increasing customer expectations making the market ever more competitive, we’re seeing stronger demand for new digital innovations, hence the introduction of our Open Banking stream. Now in its seventh year, Accenture’s FinTech Innovation Lab has once again brought together innovative FinTechs with experienced industry professionals in order to evolve the financial industry for the better. THANK YOU ONCE AGAIN FOR COMING TODAY, AND CONGRATULATIONS TO ALL THOSE INVOLVED. JULIAN SKAN GLOBAL PROGRAMME SPONSOR, ACCENTURE FINTECH INNOVATION LAB 3 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 3 22/03/2019 08:46

HOST ANDY HONESS ORGANISATION JumpXL ROLE Founder and Owner Andy is a seed investor and advisor to the software industry. He has been an independent mentor on the FinTech TWITTER Innovation Lab for the past six years, adding two of its @andy_honess start-up companies to his investment portfolio and an JUMPXL.COM advisor to several others. In his 30 year career, he has held UK and international senior sales and MD positions in the enterprise software space, including a start-up to NASDAQ IPO journey with QLIK. He specialises in guiding tech start-ups to ‘right’ speed growth with sales optimisation at its core and he is a mentor and Entrepreneur-in-Residence for over ten incubation and accelerator programmes. 4 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 4 22/03/2019 08:46

KEYNOTE SPEAKERS NANCY FECHNAY ORGANISATION BedrockX ROLE Co-Founder Nancy started her first company in 2008 and later began her investment career in 2011. She has since earned two Masters and worked for top firms, TWITTER such as Kleiner Perkins Caufield & Byers and GE Ventures. In 2015, Nancy @NancyFechnay moved to London and launched the first AngelList syndicate in Europe as a BEDROCKX.COM Partner at Flight Ventures alongside Gil Penchina. Nancy helped Flight Ventures grow to be the largest online group of investors in the world. Nancy also served as a mentor, EIR and interim MD at Techstars’ London program. In 2018 Nancy co-founded BedrockX, a tokenize incentive system which can be used by any relationship driven business model to increase revenue, and improve decision making. BedrockX’s first product is a platform for VCs to use their networks to create a greater ROI on investments. JOEL PERLMAN ORGANISATION OakNorth ROLE Co-Founder After starting his career at McKinsey, Joel left to co-found Copal Partners, a financial research outsourcing company with his business partner, Rishi TWITTER Khosla. Over a period of 12 years, they grew the business to almost 3,000 @oaknorth people before selling it to Moody’s Corporation in 2014. OAKNORTH.COM Joel co-founded OakNorth in 2015 with the vision of solving the problem of mid-sized lending globally, helping thousands of growth entrepreneurs around the world access debt finance. FRANK JAN RISSEEUW ORGANISATION Yolt ROLE Founder and CEO Having worked across a diverse range of marketing and online management roles at ING in The Netherlands, Frank Jan developed a reputation for driving TWITTER digital change and innovation within the financial services industry. Frank Jan @FJRISSEEUW founded Yolt in partnership with ING in 2016, working with a diverse team of YOLT.COM engineers, data scientists, strategists and designers to enable customers to ‘Unthink’ their money. Yolt gives everyone the power to be smart with their money. Users can view their accounts, credit cards, pensions and investments in one clear app. 5 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 5 22/03/2019 08:46

CORPORATE & INVESTMENT BANKING Lenders want to lend to SMEs, but it is difficult and expensive to access SMEs and underwrite loans, and even more challenging to price the risk. SMEs want to borrow money for growth, but it is difficult and expensive to secure debt. CreditEnable provides tools that allow lenders and borrowers to easily and efficiently find their right match. We connect SME lenders to millions of underserved SMEs at the click of a button. Our solutions allow lenders to efficiently and profitably grow their share of the $8.1 trillion annual market for SME credit and support profitable growth in the SMEs sector, the most important creators of jobs, income and GDP growth, creating positive impact for millions of entrepreneurs and their employees. www.creditenable.com FREĠNAN is a disruptive FinTech company that uses AI and web harvesting to produce data driven, unbiased, high quality equity research for fund managers. Investment managers are in pain. Either their performance is questioned, or their cost base is under attack. They need good quality investment research at an affordable price. A single investment analyst covers 20 companies and costs £200,000. FREĠNAN’s engine can cover the entire market - globally. Our technology will revolutionise how investment research is done. No one is doing what we are doing. Our technology is first to market. www.fregnan.com 6 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 6 22/03/2019 08:46

We are solving the cross-border distribution, product and tax suitability issues for over 100 financial institutions with automated suitability assessments. Our proprietary entanglement logic of client context, regulatory rules and product data leads to automated unambiguous suitability answers - even down to the individual instrument level. Banks, wealth managers and asset managers transform error-prone manual work flows into fully compliant automated process with our suitability service; speeding up the advisory process and significantly reducing regulatory risks. www.investmentnavigator.com Asset managers and global banks investing in emerging and frontier markets typically do not have direct access to local financial institutions due to counterparty concerns (KYC/AML/balanace sheet) or due to simple resource limitations. This results in only a limited reach of local liquidity often through one or two intermediaries. This is very costly - both from explicit costs (commissions) as well as from implicit (time, lost opportunities, and opportunity costs). www.zeroflows.com 7 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 7 22/03/2019 08:46

REGTECH & CFO TECH eXate provides solutions to data privacy challenges. Utilising the eXate solution simplifies data privacy by using technology to enforce regulatory and internal policies at an attribute, country, or data asset level. This ensures that data access is compliant and limited to authorised individuals only. www.exatetech.com Hub 85 provides a real-time macro view into how spreadsheets and data support workflow across an organisation so that organisations can de-risk, simplify and optimise the spreadsheet environment. So many companies have become overdependent on spreadsheets, Hub 85 helps these firms understand the people and process behind them so that they can understand WHY the business relies on spreadsheets. Our analytics provides strategic insights to help accelerate transformation and efficiency initiatives, as well as providing automated governance to ensure organisations can preserve spreadsheet integrity and protect against both known and unknown risks. www.hub85.com 8 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 8 22/03/2019 08:46

Signal is an AI-powered media monitoring platform that helps to drive insight from global news media and regulatory content. Two pieces of proprietary technology, entity extraction and topic classification, help users to surface the most relevant content, based on their preferences in real time. www.signal-ai.com Xelix helps enterprises prevent major financial losses, acting as the CFOs 'eyes and ears'. We do this by applying our machine learning model to a company’s invoice data - constantly monitoring for errors and threats such as incorrect payments and fraud. For a company with a $1bn of spend annually, Xelix will prevent on average $2m of losses. www.xelix.com 9 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 9 22/03/2019 08:47

INSURTECH We have built the world’s first fully automated life insurance advice platform. It gives everyone easy access to personalised and regulated advice. www.anorak.life Obesity is a $2 trillion global problem, as one in 11 adults worldwide has diabetes. We use proven scientific methods to make exercising more fun and compelling and in turn encourage our users to exercise more. We particularly target the overweight and obese who have failed to respond to motivation to be more active. We incentivise users to engage with wellness platforms, encouraging user participation by offering incentives, both in-game and real life rewards to lower pain point for these individuals to exercise more and break sedentary habits. www.lvlfi.com 10 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 10 22/03/2019 08:47

Matterway helps operational employees be more productive by reducing the friction that they experience in the usage of their IT systems - which are often clunky, outdated and all over the place. As a result, employees spend less time on system administration and more time on high-value activities, such as talking to customers. This is done with our Matterway Digital Ergonomics Platform that essentially puts a smart UI layer on top of existing systems in the form of standalone apps or in-app sidebars. The platform consists of two parts. First, with our super easy UI editor, you drag and drop elements to create exactly the interfaces that you need to get your work done. Second, you use our automation engine to create macro-like automations that automate your underlying IT systems. The great thing about this technology is that no changes to the existing IT are required and that it integrates with all web-based technologies. This means, that digital ergonomics can be implemented within a matter of weeks or months instead of years. www.matterway.io Penfold is the app that gets millennials to save more for retirement. It uses cutting edge technology and communication techniques to educate young people about pensions, engage them in one of the first and largest assets of their lives, and get them saving more for later. It recognises the modern world of work by offering both via employers, as a second generation workplace pension scheme, or direct to self- employed individuals, as a simple, understandable and value-add personal pension platform. www.getpenfold.com 11 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 11 22/03/2019 08:47

OPEN BANKING The biggest health risk facing the UK today is money. Money impacts our physical and mental health. The cause and the cure is directly linked to our understanding of what we can afford. Our mission is to help everyone know what they can afford to invest, save, borrow and repay. Using open banking we make it easy for people to securely share their financial data with companies they trust using our Financial Fitness Passport. And we help companies use real time affordability information to deliver the right product at the right time for their customers. The centre of the open banking ecosystem is not the API aggregators or the money management apps, it is the universal financial passport accepted by all product providers. www.openwrks.com Trust Elevate solves the twin challenges, reliably verifying that a particular adult has parental responsibility for a specific child and verifying the age of that child (below 16 years). We provide businesses with a manageable and auditable solution to the requirements detailed in the PSD2 and GDPR. Non-compliance with, for example, GDPR can result in fines of 20 million or 4% of global revenue. Trust Elevate conducts identity verification, enables secure customer authentication for every transaction, and we run intelligent monitoring systems to detect and respond to anomalous activities. www.trustelevate.com 12 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 12 22/03/2019 08:47

untied does your tax return in three minutes. Taxes are a pain for 11.7 million people in the UK. Most lack the knowledge or confidence to complete their return properly. Three million leave it to the last minute. 750k get penalties for missing the deadline. That’s one in three taxpayers. Some will be self-employed or gig economy workers, some will own property, others will have salaries on PAYE which takes them above the threshold. All will have a bank account. untied is a disruptive app and service that makes personal taxes easy for all of these people. It’s quick to get going, and once up and running untied’s automation will sort income and expenses across all income types, maximise deductions and improve compliance. At the end of the year the return is ready to be filed in three minutes. www.untied.io We solve the 'going digital' problem by providing financial businesses with all the core infrastructure, regulatory permissions and services through a suite of RESTful APIs. Partners can mix and match our offering to create their own proposition. Our API platform enables a business to create and launch a digital finance app in a matter of weeks as opposed to years. The platform provides access to various infrastructure modules and suppliers, which can be accessed seamlessly with minimal effort, ensuring optimal pricing and quality through competition. www.wealthkernel.com 13 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 13 22/03/2019 08:47

TECH4TECH ContactEngine automates conversations between corporates and their customers; the missing link between CRM and customer. ContactEngine replaces manual operations, such as contact centre agents, with pro-active, intelligent and automated omni-channel outbound conversations across the customer journey. Already working with Sky, Virgin Media, Whirlpool and British Gas, a POC at a Dutch bank and an Accenture partner; ContactEngine is well placed to support retail financial services hold individualised and timely conversations with their customers throughout their lifetime. www.contactengine.com FutureFlow enables financial institutions and regulators to cooperate and share information with each other in a joint fight against Electronic Financial Crime (AML/CTF/etc.). In a world where criminals are increasingly operating as networks, financial institutions are forced to operate in silos, due to a plethora of data protection and confidentiality rules. We offer a novel way for financial institutions to share information on criminal financial activity, while respecting customer confidentiality. It takes a network to defeat a network, and we help to build it. www.futureflow.org 14 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 14 22/03/2019 08:47

ContactEngine automates conversations between corporates and their Lifetise solves the problem of the under 40’s not engaging with financial customers; the missing link between CRM and customer. ContactEngine products and services. We give them personalised advice on how to replaces manual operations, such as contact centre agents, with pro-active, afford their life goals which primes them for product sales. intelligent and automated omni-channel outbound conversations across the www.lifetise.com customer journey. Already working with Sky, Virgin Media, Whirlpool and British Gas, a POC at a Dutch bank and an Accenture partner; ContactEngine is well placed to support retail financial services hold individualised and timely conversations with their customers throughout their lifetime. www.contactengine.com Neotas is setting new standards in due diligence. We go beyond the traditional database checks. We provide deep insights on people risk by interrogating social media, the deep and the dark web. We help our clients reduce fraud, avoid bad hires, safeguard their investments and comply with the latest regulatory guidelines. www.neotas.com 15 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 15 22/03/2019 08:47

SPECIAL THANKS TO: Our programme Our partners: A BIG THANK mentors: AIB, AXA XL, AXIS Jason Boud Capital, Bank of YOU TO CEO, Beyond Enterprise America Merrill Lynch, EVERYONE Martin Brown BlackRock, CIBC, Citi, Entrepreneur, NED, Credit Suisse, Direct WHO Board Advisor Line, Goldman Sachs, Susanne Chishti Hiscox, HSBC, ING, CONTRIBUTES CEO & Founder, Intesa Sanpaolo, Irish FINTECH Circle Life, J.P. Morgan, Lloyds TO OUR EVER- & FINTECH Circle Banking Group, LV=, Institute Manulife, Marsh, Morgan GROWING Cris Conde Stanley, Nationwide, Executive in Residence Nordea, OP, Rabobank, FINTECH Former CEO & Chair, RBS, Royal London, SunGard RSA, Santander, COMMUNITY, Scottish Widows, Ian Ellis Société Générale, State INCLUDING Founder, London Street, TP ICAP, UBI ALL OUR Enterprise Tech Meetup Banca, UBS, Wellington Andy Honess Financial, Wells Fargo, LEGAL AND Founder & Owner, Willis Towers Watson JumpXL and Zurich. ALUMNI Julian Levy CEO, Ayarma Ltd. MENTORS Operating Partner, Redline Capital Nick Martin Manager, Polar Capital Alan Morgan Chairman, Adfisco Julia Streets Founder, Streets Consulting Damian Sutcliffe Junior Bosila Banya, our dancer at Graduation Day Former EMEA CIO A Red Bull dancer, and winner of season 2 Incroyable Goldman Sachs Talent (France’s Got Talent TV series), Junior’s innovative Chris Swan style and originality is both inspiring and redefining the VP, CTO Global Delivery boundaries of breakdance. at DXC Technology Instagram: bboyjuniorofficiel 16 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 16 22/03/2019 08:47

OUR PROGRAMME LEADS: A BIG THANK YOU TO EVERYONE WHO CONTRIBUTES TO OUR EVER- TOM GRAHAM GROWING PROGRAMME DIRECTOR, FINTECH ACCENTURE FINTECH INNOVATION LAB LONDON COMMUNITY, @tgraham INCLUDING ALL OUR LEGAL AND ALUMNI MENTORS JENNIFER MORRIS PROGRAMME LEAD, ACCENTURE FINTECH INNOVATION LAB LONDON @Jenniferdmm We are always excited to hear about innovative FinTechs wanting to scale. If you would like to put forward any start-ups for next year’s programme, please get in touch: [email protected] 17 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 17 22/03/2019 08:47

About the FinTech Innovation Lab London The FinTech Innovation Lab London is a mentorship programme for entrepreneurs in the financial services sector – particularly in the areas of big data; analytics and cognitive computing; security and identity management; risk management and compliance; digital marketing and social media; cloud; payments; blockchain technology; talent management; and internet of things applications. The FinTech Innovation Lab began in New York in 2010, founded by the Partnership Fund for New York City and Accenture. In 2012, Accenture launched the programme in London, and then Hong Kong in 2014. More than 100 financial institutions participate in the programme globally. 20 ACC0718992528-5_FinTech Graduation Day 2019_A5 brochure_V9 SL.indd 20 22/03/2019 08:47