Israeli Fintech Firms Join Techstars’ Barclays Accelerator In Tel Aviv

June 17, 2018 | The Tel Aviv-based Barclays Accelerator, powered by the Techstars program, announced last week the next 11 fintech companies that will join the three-month accelerator, a unique international program for startups in the fields of cybersecurity and financial technology. The candidates, who went through a competition that included more than 200 applicants representing 39 countries, include predictive analytics company MADA Analytics, personalized investment portfolio tool Cred, LiST, a marketplace for trading life settlement tokens after transforming policies into these blockchain technology-based coins, military grade security provider Safehouse, AI-powered software classifier Kriptos, crop insurance tech company OKO Weather, automated compliance company InFront Compliance, Cubbit, the first distributed data center built on peer-to-peer networks, More Money, an AI platform for financial AI advisors, mortgage industry blockchain solution Homelend, and Integer, a company that provides liquidity to illiquid markets through tokenization of securities and assets. The companies were unveiled during a launch event at the Rise Tel Aviv co-working space. The program will run for the next 13 weeks and Demo Day is set to take place the first week of September, where investors will get a chance to hear company pitches.  The Barclays Accelerator, launched in 2014 and currently managed by Israeli entrepreneur Hila Ovil-Brenner , is a unique partnership between the British multinational bank and Techstars, which offers eleven selected startups and entrepreneurs access to a wealth of resources, including experts, mentors, and investors in the fields of cybersecurity, insurance tech, fintech, and enterprise software as part of the 13-week program. The startups also have free access to the Rise Tel Aviv space, and can draw up to $120,000 of investment from Techstars. This is the 3rd cohort in Tel Aviv, and the 11th globally, Barclays reports.