Fintech: Holt Accelerator presents its 2020 cohort
- By Phil Siarri , Nuadox -
The Holt Accelerator, a Montreal, Canada-based fintech startup accelerator which Nuadox has covered since its inception, has announced today its third annual cohort.
This year's edition features 8 companies from 7 countries:
1. Brazil's Agryo connects lenders to farmers by combining data and AI modelling to bring better financial services to millions of underserved farming families globally. Its risk intelligence tools provide analysis before, during and after any transaction related to crop contracts dating back 20 years. They provide risk intelligence as service (RasS) to banks, agricorps, insurers and Ag-coops.
2. Straight out of London, Naoris helps financial service companies future proof their systems and data the way governments and militaries approach cybersecurity and threat detection. In seconds, the platform is able to detect any security breach, which can take competitors as much as 4 months to accomplish.
3. From Calgary, Ownest has partnered with 125 Canadian lenders to make shopping for a mortgage, car financing or other loans as easy as ordering dinner. Clients need 70% less paperwork while partners gain transparency and cut out 90% of their internal processing time.
4. Relativity6 is a Boston fintech company helping insurers sift through the massive amounts of data they hold to identify and retain profitable customers, cross-sell and up-sell at the right time. Founded at MIT, this AI platform can predict future customer behavior and maximize lifetime value.
5. Sentro is led by a Canadian ex-pat in New Zealand, helping group insurers grow their business efficiently by connecting their customers, partners and systems. Part of the Microsoft for Startups program, they help their clients give group customers the customized product and service experience they expect, without the administrative complexity in the back office.
6. Israel-based SolidBlock addresses a serious lack of liquidity in real estate. Tokenization of such assets, smart contracts with built in regulation & legal structuring and a blockchain based, tradable asset infrastructure.
7. Nova Scotia's Talem Health Analytics offers a predictive AI injury causation tool which examines car crash data for severity, diagnosis confirmation, occupant motion, and recovery trajectory. This helps insurers streamline recovery and cut down on billions in fraud each year.
8. And finally, Swiss-based company Fidectus allows Energy Traders to manage the high pressures of managing costs, cash, limits and risks by automating and accelerating the settlement process in cross-company workflows.
The 2020 cohort began on July 27 in a virtual fashion due to the COVID-19 pandemic.
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Header image: Holt's 2020 Portfolio companies & program partners during the program's kick-off week. Credit: Holt Accelerator.
Source: Holt Accelerator
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