Here are the 12 promising fintech & cybersecurity startups at Startupbootcamp’s Demo Day

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Startupbootcamp, an industry-focused startup accelerator program, held its second Demo Day for its โ€˜2018ย FinTech & CyberSecurity programโ€™.ย Led by MDย Michael Dooijesย and powered by partners such asย Amazon, Cisco, Rabobank, ING, ABN-AMRO,ย andย de Volksbank, the program requires participants to pass through a rigorous process.ย 

Theย programย includes going through several phases such as pre-program, during the program and post-program where each startup continues to work with Startupbootcampโ€™s portfolio companies after it has completed the program. Participants of the current program include 12 startups (11 international startups and 1 scale-up).

During each program, startups go-through the following phases:

Pre-program: Typical program opens applications for 3 months. Startups are invited to pitch via FastTrack events, industry conferences, andย through referral. Top 20 founders invited for 3-dayย Selection Days. 8-12 startups get shortlisted

During the program: Startups get 3 months access to 400+ mentors, partners, and investors, office-space, โ‚ฌ15K in cash per team. Culminates with Demo Day, a 1-day event

Post-program: Graduated startups continue to work with the acceleratorโ€™s portfolio companies after they have completed the program. Some transition to the โ€˜growth programโ€™.

Startupbootcamp
Team Stampwallet from Curacao, NL- Source Startupbootcamp

Fewer verticals mean better support & fundraising

โ€˜FinTech & Cybersecurity programโ€™ is one of the few accelerator programs that are solely focused on fewer verticals (FinTech and Cybersecurity in this case), thus bringing better support and mentoring to these early-stage startups.

The quality of this program is evident from the fact that the 12 finalists were selected out of more than 500 applicants from 73 countries. Another key aspect of the accelerator is its geographical footprint of the โ€˜FastTrackโ€™ events, 1-day events every Startupbootcamp holds during their recruitment period.

These are conducted in Cape Town, Istanbul, Ireland, Johannesburg, Amsterdam, and Helsinki. Starting off on 30th of October 2017, the selected startups went on to an intense 3-months growth program in Amsterdam.

Startupbootcamp’s alumni at CES 2017

CES (Consumer Electronics Show)ย isย the world’s gathering place for startups and companies to showcase latest consumer technologies. Four of the SBC’s alumni, from its IoT division, participated in the prestigious event. These includeย Monument,ย Thread in Motion,ย Domotz, andย LiateR.

The accelerator also announced last month that it has. launched its second ‘Scale program’ in San Francisco, one month after the inauguration ofย  SBC ScaleFinTech in Mexico City. The expansion to the US was aimed at supporting growth-stage startups.

12 selected startups:

Dolphin Blockchain Intelligence (Russia) ICO database and analysis platform to support investors in making quick and informed decisions.

FinCom (Israel) A developed proprietary technology that ensures compliance for KYC, AML & GDPR privacy by using phonetics and AI

Gyomo (USA) Gyomo utilizes just-in-time training, that combines machine learning, gamification, and crowdsourcing to deliver training

Hatch (Great Britain) A Smart Financial Platform for the Self-employed with credit scoring at its core

KlippaCast (Netherlands) Solving the paper receipt chaos. Unlocking data potential and making administration seamless.

OpSeeker (Spain) An online financial coach that empowers young people to have money for a lifetime.

Penstable (Denmark) Offers Europeโ€™s first pension alternatives exclusively based on sustainable investments.

Stampwallet (Curacao, NL) A loyalty transaction platform for B2B and B2C

Treasury Delta (Ireland) A lead generating platform for commercial banks to grow their domestic market share and penetrate new markets

Vision Tech Lab (Portugal) Distributed deception platform that identifies internal attackers and inhibits their methods using powerful AI technology

Westgate (Great Britain) Virtual networks, allowing organizations to collaborate efficiently and securely with minimal hassle

FinBase, MijnGeldzaken.nl (Scale-Up, Netherlands) Helping employees and consumers understand their personal finances so they can make well-informed decisions in private life and career

Sharjeel Sohaib

Sharjeel Sohaib is an enterprise technology writer. He writes about technology, cyber-security, and the Internet of Things.

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