InvestCloud establishes Innovation Center for financial startups and institutions

InvestCloud establishes Innovation Center for financial startups and institutions
02.03.2017 06:45 am

InvestCloud establishes Innovation Center for financial startups and institutions

FinTech StartUps , Infrastructure

InvestCloud Inc. is a global FinTech firm, has launched its first financial technology accelerator and incubator. Particularly, this is an InvestCloud Innovation Center, with Pacific Design Center headquarters in Los Angeles.  

The InvestCloud Innovation Center enables teams from banks, wealth managers and other financial services firms to undertake ‘residences’ to accelerate the development of new apps through access to InvestCloud’s full technology platform, in collaboration with a team of InvestCloud mentors. Residences are also available to FinTech startups looking to build their businesses using the InvestCloud platform.

The Innovation Center echoes InvestCloud’s beginnings in a Californian garage, when a team of six designed, built, and shipped its first product, PlayMyMillions, in just six months. Teams working at the Center will follow this approach, increasing the speed of delivery for digital projects and enabling large financial institutions to work with the flexibility of a startup, while affording massive technology leverage to startups and established firms alike.

John Wise, co-founder and CEO of InvestCloud, said, “The purpose of the Innovation Center is simple: to help both our clients and startups to deliver a new generation of digital solutions whilst eliminating the risk of development and decreasing the time to market.”

Participants will ‘show and tell’ their work on a weekly basis to demonstrate progress to InvestCloud and their own organization. Companies working at the Center can also create sub-teams from their own organization, or utilize InvestCloud’s staff and external partners.

The Innovation Center will also undertake research and investigation projects into the behaviors of high-net-worth individuals and other audience segments during their customer journey. This insight will be shared with participating organizations to better inform the creation of customer experiences.

InvestCloud offers the best environment, incorporating beautifully designed spaces with the highest level of security needed for the financial markets, to create a place where innovation and collaboration occur. In addition, new teams have access to all of our distribution partners and alliances, as well as the ability to connect with our clients, in order to promote and sell their financial apps – another unique approach.


Related News

Barclays Accelerator powered by Techstars

The... Read more »

Zortrex launches Zortrex Token Vault

Edinburgh-based Zortrex, a disruptive data security start-up, has launched Zortrex Token Vault. Designed to help organisations reduce the cost and complexity of protecting... Read more »

London Blockchain Firms Raise over $500 Million in Equity Funding since 2013

Analysis of global startup hubs by Outlier Ventures, as part of London Blockchain Week has revealed that London may be one of the most preferred hubs for blockchain start-... Read more »

Bitfinex & Tether CTO to reveal "The Story of Tether” during an industry-first keynote at the CryptoCompare Digital Asset Summi

Tether has fuelled the growth of digital assets since it was founded in 2014 and today accounts for over 75% of all Bitcoin trading volume. At London’s ... Read more »

B-Social announces new funding round of £7.8 million

London fintech B-Social has completed a Seed 2 funding round of £7.8 million as it continues its push to become a fully-licensed bank.

Nazim Valimahomed... Read more »

Rabo Frontier Ventures Commits to Speedinvest 3

Rabo Frontier Ventures (“RFV") has committed to Speedinvest’s new fund (Si3). With its latest fund Speedinvest aims to build a portfolio of 80 to 100 investments in European... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel