ST. PETERSBURG – The third installment of the FinTech|X Accelerator program concluded this month with a presentation evening showcasing the 10 high-growth startups in the cohort and their innovative fintech solutions.
Fintech refers to the integration of technology into financial services. The event, held at the Palladium in St. Petersburg on November 14, gave each startup the opportunity to present their solution to a particular fintech problem. Ideas ranged from automating billing and financial processes to creating a platform to improve a customer’s engagement in digital banking.
Many have used AI and machine learning to reduce inefficiencies and help businesses make data-driven decisions.
The Fintech│X Accelerator program is the result of an innovative partnership between the University of South Florida and Tampa Bay Wave. It aims to nurture and propel fintech startups to new heights of success in Tampa Bay and beyond.
“The partnership between USF and Tampa Bay Wave continues to drive innovation and excellence in financial technology,” said USF Vice President Prasant Mohapatra. “The combination of business engagement, education and research provides a competitive advantage for our students and communities. Together, we will continue to lead the way in this dynamic technology sector.
Organizers celebrated the third year of the accelerator program and announced that the program will continue into 2025.
“This particular accelerator allows us to showcase world-class fintech entrepreneurship and the remarkable value that emerges from our rigorously timed, structured and unique engagement process with the Tampa Bay business ecosystem,” said Michael Wiemerdirector of the FinTech Center at the Kate Tiedemann School of Business and Finance.
“The Pitch Night event represents USF’s commitment to educational excellence and creating innovative development opportunities for our students, faculty and all of the communities we serve in the Tampa Bay region” , he declared.
To learn more about the FinTech|X Accelerator 2024 program, visit: https://www.tampabaywave.org/fintech/