The Bank Slate


ICBA names six fintechs for latest accelerator

The Independent Community Bankers of America has identified six fintechs to join its latest cohort.

The latest ThinkTECH Accelerator program will begin on April 24. It is the first of two accelerators planned this year as the ICBA shifts to year-round programming.

Three fintechs are focused on deposit-based products and services.

CNote helps banks invest capital into underserved communities, while Micronotes is a cloud-based company that uses data to let banks pursue loan, deposit and retention opportunities. Spiral is a platform that helps banks improve customer engagement and retention through social-conscious spending.

The other participants are tied to payments.

Finli is a digital back-office solution for invoicing, payment collection, CRM and communications tied to small business banking. Neural Payments moves money over traditional debit rails, peer-to-peer payments and real-time payment systems.

Pidgin is a platform that supports faster payments via an administration portal, user-centric front-end applications, and developer-friendly application programming interfaces.

“Innovation is about reimagining what is possible today to create a bigger and better future,” Charles Potts, the ICBA’s chief innovation officer, said in the release.

“We are proud to introduce this year’s candidates — vetted by our ThinkTECH selection committee — and are excited to get to ensure these market-tested solutions are optimized and primed for maximum impact,” Potts added.

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