The first cohort of applicants for the AG Elevate programme have been chosen. The seven Fintechs will benefit from a tailored programme of legal advice alongside a range of training, insight and mentoring from AG lawyers.
"The industry needs pioneers to disrupt, challenge and push the boundaries through clever thinking and technological advances. That’s why programmes like AG Elevate are so important and our job over the next year is to draw on our collective experience and insight to guide them through the next important stages of their growth."
Fiona Ghosh | Head of FinTech
The seven successful businesses are:
Comply Advantage: A London-based provider of AML data and compliance technology solutions. They help compliance professionals access real time, high quality and relevant AML risk data to make the right risk decisions quickly. Click here to visit their website.
Delio: A complete white label platform solution for private assets, helping financial institutions and their advisors enhance their offering through connecting private deal flow with (ultra) high net worth capital. Click here to visit their website.
Mespo: The intelligent money manager for people like you & me. Mespo identifies savings opportunities in your finances and offers you better alternatives directly through their chat-based platform. Once you give Mespo the go-ahead, they then do the legwork of realizing these savings for you too. In today's world, both time & money are rare, that's why Mespo wants to save you both. Click here to visit their website.
Money Fellows: Allow customers to leverage their social network to make loans cost nothing and savings a lot more rewardable. Click here to visit their website.
Pace Invoice: Pay and get paid internationally through the all in one cash management platform for SME’s. The platform allows you to see and manage multiple currency accounts in a single dashboard and also gives you the tools to invoice and collect funds in multiple countries and currencies. Click here to visit their website. Click here to visit their website.
Penta: A bank for small businesses. It redefines SME banking by empowering businesses to do more through powerful third party services and a great user experience. Click here to visit their website.
Valoot: Gives consumers the opportunity to select the currency of purchase prior to handing over their card when shopping abroad. Valoot sources the rates for the conversion straight from the FX market - no more hidden mark-ups and commissions and charges a very small fee for providing the service - they pass the vast majority of savings to the consumer and the merchant. Click here to visit their website.
"Working together with Addleshaw Goddard during our time in the AG Elevate program 2017 has been an outstanding experience. We had the chance to work together on our FCA authorisation application with legal experts across all of AG's divisions, from associates up to partners. Not only has this given us the opportunity to be prepared for new regulatory requirements but due to AG's insights and experience we were able to look at the new regulatory requirements as a business opportunity rather than a necessary burden. This has allowed us to refine various elements of our strategy and business model which have started to pay off already today."
Lukas Zörner, Founder, Mespo