Back to main menu
Search
Search
Overlay
London Accelerator Hub annual fintech event

Supporting AI in the NatWest Accelerator

London Accelerator Hub’s fintech event

On Thursday 27th June, our London Accelerator Hub held its annual fintech event at 250 Bishopsgate, showcasing some of the amazing technology businesses we currently have at the Hub and explored how NatWest supports the startup innovation ecosystem.
 

Here we would like to showcase five of the AI-focused startups that pitched on the day:

CleverChain

Is a RegTech company that provides the first regulator-approved perpetual ‘know your customer’ (KYC) approach. It helps businesses reduce costs, improve efficiency, enhance risk management, and increase compliance with KYC regulations.

CleverChain is an Anti-Money Laundering compliance solution for Financial Services, using explainable AI and Machine Learning algorithms to accurately automate customer risk assessments both at on-boarding and through the customer lifecycle.

Information Message

Visit CleverChain Open in new window

Wyzr

Is a B2B SaaS business building an AI-driven, conversational CFO for small business owners.

Wyzr is building an AI-driven chat-based CFO on the mobile app for time-poor and under-resourced small business owners to help them make better cash flow management and financial decisions, without the complexity of the underlying data management.

Information Message

Visit Wyzr Open in new window

Serene

Is a mission-driven fintech company that uses AI and Behavioural Science to empower financial institutions to proactively identify, understand, and support vulnerable customers.

Serene combines cutting-edge AI technology and Behavioral Science insights to empower banks and lenders to proactively detect early signs of vulnerability; anticipate changing requirements; and deliver personalised, timely interventions.

Information Message

Visit Serene Open in new window

Finlayer

Is a no-code, AI-powered application builder for lenders. They empower lenders to build custom applications quickly and affordably, eliminating the need for domain experts, scarce developers, or costly agencies.

Finlayer enables fintechs to build their apps without coding using AI, first by talking to an AI Agent about business requirements, which drives a drag & drop interface to build, optimise, test, and deploy the app with built-in flow and regulation-compliant widgets.

Information Message

Visit Finlayer Open in new window

Deriskly

Founded by a team of AI, fintech and regtech specialists from the University of Oxford – is at the forefront of developing new solutions to support financial services firms with the Consumer Duty.

Deriskly provides AI-enabled software for firms to test and adapt their financial promotions and communications to deliver good customer understanding outcomes, thereby optimising compliance with the Consumer Duty. The data-driven, machine learning-based software evaluates and improves the clarity of financial communications and promotions based on real customer feedback.

Information Message

Visit Deriskly Open in new window

"As an increasingly AI-powered bank, NatWest is proud to empower the next generation of start-ups solving real-world problems with Artificial Intelligent and machine Learning to develop and scale as business through our accelerator programme."

Paul Dongha
Head of Responsible AI and AI strategy

The panel discussion

There was also a two-way panel discussion that focused on the various ways NatWest supports and partners with startups to put them in an ideal environment to succeed – which featured Darren Pirie (Head of NatWest Accelerator), Glyn Baker (Head of Engagement and Partnerships), Veronica Humble (CIO of Cushon) and Will Turner (Co-founder of GoJoe).

Darren Pirie, Head of NatWest Accelerator, noted: “Our programme has now been running for almost ten years, helping entrepreneurs to accelerate their businesses to the next level. It’s evolved over time, and we’ve adapted to every challenge faced along the way – such as the Covid-19 Pandemic in 2020, and setting up our Digital Hub. We have seen the power of AI tools and capability increasing across all sectors, with a growing trend towards AI start-ups emerging in recent years, and hope to see even more in our next cohort!

NatWest Group has the number one spot for market share of start-ups, truly cementing our place as the biggest bank for business banking. The Accelerator is a proof point we’re incredibly proud of, demonstrating our commitment to UK business growth. This complements a special new milestone, where we’re tripling the number of entries onto the Accelerator Programme – with 2,500 places available for our next cohort.”

Entrepreneur Accelerator

If you are an entrepreneur or start-up in need of business expertise and banking support to scale (whether you’re harnessing the potential of Artificial Intelligence or pioneering sodas free from artificial sweeteners like one of our alumni) applications are currently open.

Apply now Open in new window

How NatWest uses AI

If you’re interested to learn more about what NatWest is doing with AI, check out our AI and Data hub.

Visit our AI and Data Hub Open in new window