Companies

5 fintech start-ups picked for HSBC-T-Hub accelerator

K V Kurmanath Hyderabad | Updated on May 29, 2018 Published on May 29, 2018

T-Hub, a tech start-up incubator, and HSBC have selected five start-ups for its maiden Accelerator 2030. Launched in March, the accelerator is aimed at partnering with fintech start-ups that are working on products and solutions to enhance banking operations.

Out of the 95 fintech start-ups that applied for the programme, Abda Digital, Tookitaki Technologies, Capital Quant Solutions, vPhrase Analytics Solutions and Morph.ai have been selected for the eight-week programme.

A cohort of five selected start-ups will get access to training, mentorship and workshops to be conducted by senior HSBC leaders during the programme. “They potentially have the opportunity to see their solutions be applied to HSBC’s global operations,” a T-Hub statement said.

“Abda Digital’s Hola Enterprise is a SaaS (software-as-a-service) platform for creating interactive micro-ads. It provides an innovative way for user engagement and lead generation,” it said. Tookitaki’s artificial intelligence solution improves operational efficiency, making the process actionable, auditable and scalable. Similarly, vPhrase too uses AI solutin to help the clients summarise the data into bullet points, highlighting the key insights required for decision-making.

The jury that selected the five start-ups comprised experts from T-Hub, HSBC and the industry on the basis of their technology, products and solutions, go-to market readiness and scalability.

Published on May 29, 2018
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