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Queen City Fintech Announces Class 9!

RECRUITING AND RETAINING TOP-TIER TALENT IN THE SOUTHEAST

For Immediate Release

August 23, 2018 - Charlotte, NC – Queen City Fintech is excited to introduce Class 9 to the Charlotte community! This year’s fall cohort will be participating in the Charlotte-based fintech accelerator from September 4th and will conclude on November 14th with the Southeast Fintech Venture Conference.

"The quality of the applicant pool for class 9 of Queen City Fintech is the highest we've seen to date!” says Dan Roselli, Managing Director of Queen City Fintech. “We reached out to over 500 Fintech startups from across the world and the Class 9 companies reflect that increased breadth and competitive selection process.” This year, Queen City Fintech received over 100 applications representing 35 states and 20 countries.

As the Queen City Fintech accelerator matures, we are thrilled to see some of our alumni returning to North Carolina. Invoira, a B2B network streamlining invoice management from Class 8, will be relocating their operations to Charlotte from New York City this month.

Queen City Fintech's expansive sponsor network represents the long-term commitment to promoting innovation here in the Southeast. “Being rooted in the heart of Charlotte, the team at AvidXchange is passionate about fostering a community that provides opportunities to emerging, innovative leaders,” says Red Maxwell, Senior Vice President of Growth Innovation & Strategy at AvidXchange. “For this reason, AvidXchange is thrilled to be part of the Queen City Fintech program, which is designed to inspire a new wave of regional and international entrepreneurs. We hope that AvidXchange’s own Fintech journey can be a touchstone that will inspire this 9th class of creative and bold thinkers.”

Queen City Fintech Class 9

AskMyUncleSam (New York, NY)- A digital tax assistant to make life easier for the 243 million U.S. tax filers.

Collateral Velocity (Charlotte, NC)- A software and service company that enables banks to extract more value from the management of their derivative collateral portfolio in the face of liquidity and regulatory capital constraints.

DivDot (Victoria BC, Canada)- A platform which provides tools to local gig economies.

ImpactCents (Charleston, SC) - A financial platform designed to make it simple for younger generations to invest spare change into Impact Investments.

iTrust (Atlanta, GA)- A platform that prevents cyber supply-chain attacks.

Mimble (Portland, OR) - A platform that rewards your saving, giving you higher rewards than credit cards while paying over time and avoiding debt.

About Queen City Fintech

Queen City Fintech is a yearlong accelerator program with two cohorts, one in the fall and one in the spring. The accelerator takes place on-site in Charlotte and is designed to mature post-revenue startups through intense mentorship from leading banking executives, business development professionals, venture capitalists and attorneys, among others in the city’s robust business community.

The program is driven by the largest sponsors network of any fintech accelerator in the world, including Bank of America, BB&T, Synchrony Financial, Ally, Womble Bond Dickinson, North Highland, Wells Fargo, Oracle, EY, LPL Financial, AIG, Barings, Grant Thornton, Cherry Bekaert, AvidXchange, Zenmonics, Aflac, American Airlines, and Extended Stay America.

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For more information about Queen City Fintech at Packard Place, visit qcfintech.co or contact Betsy Yang.

Press Contact

Betsy Yang

919-964-0856

byang@qcfintech.co

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