Vancouver-based Finn.ai, which develops a personal banking chatbot for financial institutions, has won the Serge Kampf Entrepreneurship and Innovation Award at Capgemini’s InnovatorsRace50, a global competition that invites early-stage startups to showcase their tech-based businesses.
As the winner in the FinTech and mobility category, Finn.ai is receiving $50,000 in equity-free funding. The company will also partner with Capgemini, which provides consulting and technology services, for ongoing growth.
Finn.ai was selected as a top 10 finalist from a pool of 1,000 entrants from across 37 countries. Over the past two months, the 10 finalists connected with over 200 tech and industry experts from Capgemini, and attended Capgemini’s Applied Innovation Exchanges in San Francisco, Paris, Munic, Mumbai, and London to redefine various aspects of their businesses. Following these networking opportunities, the finalists gathered at Capgemini’s VivaTech conference in Paris to pitch their ventures to a panel of judges, which included Hootsuite’s Ryan Holmes.
“AI will have a transformative impact in how and where people bank.”
– Jake Tyler, co-founder and CEO of Finn.ai.
“This has been a great experience for us the whole way through and being in Paris with these other amazing companies that were part of the Innovators Race is quite a way to cap it off,” said Jake Tyler, co-founder and CEO of Finn.ai. “AI will have a transformative impact in how and where people bank and we look forward to working with the amazing team at Capgemini to help banks around the world deliver this next generation experience.”
In December 2016, Finn.ai was named a top disruptor on Business News Network’s The Disruptors. In February, Finn.ai partnered with ATB Financial to develop a Facebook Messenger chatbot that allows customers to check account balances, make transactions, or ask customers service questions.
Finn.ai is also currently taking part in C100’s 48Hrs in the Valley program, being held from June 20 to June 21.