Alkymi joins the Citi Accelerator
Alkymi is the first Danish founded startup to join the Citi Accelerator program. During the program, Alkymi will meet with mentors, Citi tech team, potential clients, banks, integrators and VC’s to explore business opportunities. A bi-weekly mentorship will also be included in the program.
The Citi Accelerator aims to identify and grow key technologies that could play a leading role in the changing dynamics of the global financial industry.
“We want to find and connect with Fintech companies – to support their growth, and provide access to our global network and global capital. The role of the Accelerator is to explore emerging trends in technology and financial services and accelerate the engagement process of innovative startups with Citi.” says Ornit Shinar, Head of Venture Investing Israel at Citi.
The Citi Accelerator's focus areas are Data Analytics and Machine Learning, Commerce & Payments, Security & Enterprise IT, Customer Experience & Marketing and of course Financial Services & Technologies.
During the latest year, Citi in Denmark and CPH Fintech have been engaged in screening and identifying candidates that match the criteria of the Citi Accelerator to pitch for Citi’s global jury. Alkymi, is the first Danish founded company, to be accepted to the program and has now been to Tel Aviv to meet with mentors, Citi tech team, potential clients, banks, integrators and VC’s to explore business opportunities. Alkymi is also accessing a bi-weekly mentorship, based on Citi Accelerator methodology.
The methodology focuses on expert mentoring from Citi in the startups' specific financial fields and product development for the global financial industry. Also, the Accelerator program connects startups to senior executives at Citi, boosting the companies to the next level.
Facts about About: Alkymi (www.alkymi.io)
Alkymi enables self-automation for knowledge workers to let them focus on what matters. Using machine learning, Alkymi extracts business data from documents to automate manual workflows and accelerate business processes, targeting massive amounts of unstructured data in financial services within alternatives, wealth management, and banking. The founding team includes a Danish founder from Bloomberg, as well as data scientists and engineers from x.ai and Two Sigma. Alkymi was recently selected for Citi Accelerator, the Plug and Play Fintech Accelerator and is a member of Copenhagen Fintech. Alkymi has established partnerships with Box, TATA Consultancy Services (TCS), and Wipro.
Facts about CPH Fintech (www.copenhagenfintech.dk)
Anchored in the Nordic region’s renowned design and digital traditions, Copenhagen FinTech strives to support human-centric financial solutions with potential to shape our global society. At Copenhagen FinTech, we are building the most inclusive and expansive FinTech ecosystem. With a focus on human-centric solutions for a greater purpose, we help startups get off the ground by connecting them with financial institutions, research organizations, governments, NGOs and individuals who want to make a difference. We create uncommon connections between these innovation-seeking groups, and we foster collaboration at every step of the development process – from start-up to scale-up and everything in between.
Facts about Citi, www.citi.com
Citigroup Inc. (Citi) has been in business for more than 200 years and is one of the world’s largest banks with 250,000 employees and operations in 160 countries. Citi provides a broad range of financial products and services. The bank has been present in the Nordic countries since 1970, with offices in Stockholm, Copenhagen, Oslo and Helsinki. The focus is on corporate and investment banking, securities brokerage, transaction services, and wealth management. www.citigroup.com