Digital Fineprint gets accepted to the Accenture Fintech Innovation Lab. Digital Fineprint, an InsurTech startup that harnesses the power of social media to facilitate insurers’ online propositions, has been selected to take part in Accenture’s Fintech Innovation Lab in London, picked out from more than 300 applicants.
The FinTech Innovation Lab is a 12-week accelerator program that takes place annually in London, New York, and Asia-Pacific, and whose goal it is to bring together early-stage financial technology companies and the world’s leading insurers and banks.
Digital Fineprint is an InsurTech startup that uses social media help users find the right insurance policy. It undertakes services like Social Autofill, a unique product for automatically filling out insurance application forms, automated underwriting, and building custom-made social data analytics solutions for clients.
Entrepreneurs who have their target set on innovating financial services participate in the program to help them fine-tune and develop their technologies and business models, fostering an environment designed for collaboration and for the acceleration of product development.
Alumni from previous years include Logical Glue, Digital Shadows, uTrade and Squirro. The announcement comes at a heady, significant time for Digital Fineprint, since it recently closed a $400k funding round, doubled its team size and was awarded Appointed Representative status for insurance by Financial Conduct Authority.
Founder and CEO Erik Abrahamsson believes that participation in the Fintech Innovation Lab will act as the boost needed to bring Digital Fineprint to the forefront of the InsurTech ecosystem. He commented:
We couldn’t be happier with our progress in the last three months. We are post-revenue, have a solid pipeline, an obscenely talented team and now we have the privilege of being mentored by the top names in insurance and tech. Working with Accenture and its partners will be a great opportunity for our company’s development, and we can’t wait to help more clients.
The Fintech Innovation Lab takes place from January to March and will be held in the newly opened, purpose-built Canary Wharf offices designed by innovation ecosystem specialists The Trampery.