September 19, 2017
Elafris innovation garners approval from the industry’s development organizations, earning a rare spot in Fintech71’s inaugural accelerator program.
Elafris is participating in Fintech71’s selective 10-week accelerator in 2017. The program, running from mid-September through November, is designed to enable innovators to scale their businesses and to connect them to top financial services firms.
As one of the ten cutting-edge startups tapped to join, Elafris receives Fintech71 capital investment plus access to senior executives from the accelerator’s partners, including Accenture, Visa, J.P. Morgan Chase, and Progressive and Nationwide Insurance. The Elafris team also secures office space at the accelerator’s home for the duration of the program.
The Fintech71 accelerator is establishing itself as the premier platform to drive technology development in the financial and insurance sectors. For this first 10-week program, their team performed an exhaustive, global search to select technology companies, identifying the most innovative Fintech firms. These ten leading startups all have established teams in place and products with an installed base of users.
“We are thrilled about the quality and diversity of this inaugural cohort … [they] represent specialties ranging from blockchain to personal finance. We believe our 10-week program will provide an ideal springboard for these companies to graduate from emerging startups to scalable businesses…” said Matt Armstead, Fintech71’s executive director.
Elafris is the leader in the field, bringing Artificial Intelligence and omnichannel communication capabilities to serve insurance and financial industry customers. Selection for the prestigious program should hasten adoption of AI enhanced service to customers on the wildly popular chat apps such as Facebook Messenger and voice-enabled devices like Alexa.
In heavily regulated and risk-averse domains like Finance and Insurance, innovation is challenging. Fintech71 is the ideal catalyst, bringing innovators and established enterprises together over ten weeks to develop and scale the next, ground-breaking financial technologies such as the Elafris AI communication products.
Fintech71 is a non-profit startup accelerator and innovation outpost for Fintechs and top financial services companies in the United States. Located in Columbus, Ohio, the accelerator focuses on growing entrepreneurial activity, attracting more Fintech companies to Ohio, and expanding the innovation pipeline for current private-sector stakeholders, including Ohio’s strong financial services base and Fortune 500 and Fortune 1000 companies headquartered in the state. More information at fintech71.com.
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