The DCU FinTech Innovation Center (”the Center”), based in Boston, MA, is the leading nonprofit, zero-fee/zero-equity sponsor of fintech startups in New England and bridges the gap between cutting-edge financial technology startups and financial institutions.
With a focus on helping startups gain initial customer traction, the Center provides proof-of-concept fintech startups with one year of free mentorship, community, workspace, and access to an extensive fintech-centric network.
The Center primarily focuses on supporting companies in Banking, Financial Wellness, Embedded Fintech, Lending, Payments, InsurTech, and Advanced Technologies in FinTech – AI, ML, and Digital Currencies.
Ideal candidates for membership are fintech startups in the proof-of-concept (POC) to early production stage with a team of 2-5 people.
Qualifying startups must have less than ~$1.5M in funding at the time of acceptance and be developing a financial technology product or selling into the financial services market. Startups must be developing a digital product rather than providing services (RIAs, consulting services, development services, etc.). Startups must also have a US market focus and be located in the US or Canada.
The Center accepts 2 classes per year. Classes start in January and July and applications are due in the fall and spring.