Queen City Fintech named the six members of the ninth cohort of the Charlotte-based accelerator program Wednesday. The accelerator runs from September 4 to November 14, concluding 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,” said Dan Roselli, managing director of Queen City Fintech in a statement.
More than 100 companies applied from 35 U.S. states and 20 countries.
“As the Queen City Fintech accelerator matures, we are thrilled to see some of our alumni returning to North Carolina,” said the organization in a statement. For example, Invoira, a B2B network streamlining invoice management from the previous accelerator, recently announced their intentions to relocate their operations to Charlotte from New York City.
Other Fintech companies are succeeding in Charlotte as well. The Charlotte Chamber of Commerce announced Sunlight Financial, a national platform for residential solar and energy storage lending, as the entrepreneurial champion of the year earlier this week. And one of Charlotte’s technology unicorns, AvidXchange, remains involved in the Queen City FinTech accelerator program.
“Being rooted in the heart of Charlotte, the team at AvidXchange is passionate about fostering a community that provides opportunities to emerging, innovative leaders,” said Red Maxwell, senior vice president of growth innovation & strategy at AvidXchange.
“We hope that AvidXchange’s own Fintech journey can be a touchstone,” said Maxwell, “to inspire a new wave of regional and international entrepreneurs.”
The 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)—Provides tools to local gig economies.
- ImpactCents (Charleston, SC)—Helps members of younger generations invest spare change from transactions into impact investments through simple financial platform.
- iTrust (Atlanta, GA)—A platform that prevents cyber supply-chain attacks.
- Mimble (Portland, OR)—A platform that rewards saving, while yielding higher reward rates than existing credit cards without the crazy fees, helping folks pay for experiences over time while avoiding debt.