FinTech Innovation Lab is a three-month program dedicated to helping financial services products. Companies have the opportunity to beta test their products throughout the program. Also included are a leadership program, panel discussions and mentoring sessions. At the end of the program, companies present the products to investors, financial services firms’ senior executives and the press at a Demo Day.
- Amount invested in each company: $25,000 in the form of a convertible note which is optional and independent of the common stock warrants
- Number of companies per class: 6
- Equity: <1 percent in the form of common stock warrants