February 1, 2016
Voleo Inc. sole Canadian company accepted into Accenture's esteemed FinTech Innovation Lab London
VANCOUVER -- Vancouver-based fintech company Voleo Inc. has announced that it has been selected to participate in the world's leading fintech accelerator program - Accenture's FinTech Innovation Lab. Taking place at Level39 in London between January 6 and April 7, 2016, Voleo will work alongside 14 other startups from around the globe with the likes of HSBC, Barclays, Santander, RBS Group, Lloyds Banking Group, Deutsche Bank and JP Morgan. Each participant will be immersed in the intensive program intended to nurture and progress new technologies for the financial services sector.
As the only Canadian participant in this year's global cohort, Voleo will represent the best of Canadian fintech innovation to an international network of the industry's top visionaries, executives, corporations, mentors and supporters.
"Voleo's acceptance into the 2016 FinTech Innovation Lab is a tremendous honour, and testament not only to the potential of our intellectual property but to the advancements in the Canadian financial technology landscape," Voleo CEO Thomas Beattie explains. "Voleo's participation represents major progression in investment technology. Global banks are identifying our platform as one that bridges the gap of investing through mobile-based user activity which is a meaningful step on the road to international partnerships."
Voleo's proprietary technology is a mobile-based platform in which users form, fund and manage private investment clubs (funds) within their chosen network. Users propose and vote on trades in publicly traded entities with the majority effecting trades automatically. Ongoing fund performance, and individual performance (measured based on votes and proposals, whether effected or not) are objectively measured and displayed on the platform, enabling users to follow successful investors and/or funds in real time.
On behalf of Voleo, Beattie and Anthony Tsui (VP Technology) will join other selected fintech executives from the UK, America, Switzerland and Russia in attending the rigorous 12-week accelerator program. This opportunity allows the Vancouver-based startup to showcase its proprietary investing platform to a global audience, while shaping and developing the future of the fintech industry from a Canadian perspective on an international scale.
The FinTech Innovation Lab offers its handpicked participants exceptional support, mentorship, advice and connections in an effort to propel the industry forward and create tangible advancements in the international field of financial technology.