Los Angeles-based fintech company InvestCloud, Inc., is set to launch a financial technology incubator and accelerator at its European headquarters in Soho, London.
InvestCloud Innovation Center London will offer both new startups and established financial firms the ability to deliver digital wealth management solutions supported by the InvestCloud platform.
The center will follow the blueprint of the company’s first technology accelerator at its Los Angeles headquarters. The space enables teams from banks, wealth managers and early-stage fintech startups to undertake ‘residences’ to accelerate the development of new digital solutions. To demonstrate progress, participating businesses will ‘show and tell’ their work on a weekly basis, ensuring success in a defined timeframe.
Members have access to their own InvestCloud Sandbox, which includes access to the 200+ InvestCloud financial apps, over 2,000 APIs, integrated market data, news, financial and accounting data, a document repository, mentors offering guidance on funding, design, build, sales and marketing, distribution and production support.
Established by British entrepreneur John Wise in 2010 in Los Angeles, InvestCloud develops financial digital solutions, pre-integrated into the cloud.
Today, the InvestCloud platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks.
The company is now accepting applications for firms to enter the 9,302-square-foot Innovation Center for its Summer 2017 opening.