Curinos, a global data intelligence business combining expertise, insights, and analytics to help leading financial institutions grow their businesses, announced a new partnership with CoMotion, the collaborative innovation hub at the University of Washington, to relaunch its FinTech Incubator.
The Curinos FinTech Incubator, based in CoMotion Labs at Startup Hall, will focus on various sub-verticals within the financial industry, including predictive decision-making, AI-driven process automation, data analytics, deposit and lending pricing, experience personalization, bank resource allocation, decision support, balance sheet management, and digital banking and lending.
With this partnership, Curinos will provide Incubator members with the following benefits:
— Mentorship with respected experts in the banking industry across all major domains
— Licensing opportunities for Curinos’ data assets
— Access to Curinos’ fintech expertise in business, product, data, Artificial Intelligence/Machine Learning and software development
Curinos was repeatedly the first to go to market with key industry solutions over the past two decades, establishing the only set of market-proven, simulation-based optimization tools in the industry and extensive industry data assets. And with its unparalleled data and proprietary resources, the company is actively fueling a new surge of fintech innovation. Downs himself is a pioneering entrepreneur in AI/ML and a long-standing fixture in the Seattle startup scene.
Curinos features extensive industry expertise in financial services, noting over 85% of the Top 100 US Banks and Credit Unions, and over 1,500 financial institutions worldwide among its customers. And the company has a unique suite of banking data encompassing $7 trillion in deposit balances, $3 trillion in mortgage originations and $9 billion in annual marketing spend, which powers its SaaS solutions in deposit and lending pricing, distribution, marketing analytics and optimization.
This incubator was initially launched in 2018 and operated until 2023 in partnership with BECU, selecting up to four cohort members each year and ultimately supporting a high-quality group of 18 companies that have collectively raised over $140 million in venture capital, including Noonum, Routable, Finclusive and Attunely.
KEY QUOTES:
“No other incubator matches CoMotion’s track record of launching groundbreaking fintech companies nationwide. We’re committed to partnering with the most driven entrepreneurs who will reshape the future of finance.”
– Olly Downs, Chief Technology & AI Officer
“Speed to market is everything—startups thrive when they can build, test, and scale rapidly. The relaunch of the FinTech Incubator provides expertise and strategic support, removing hurdles to execution and enabling bold ideas to quickly become reality.”
– Lisa Brown, Curinos Chief Product Officer
“We’re thrilled to partner with Curinos to relaunch the FinTech Incubator at UW CoMotion Labs. This collaboration is in perfect alignment with our mission to support innovators of all stripes by providing them with the resources, expertise, and connections they most need to succeed. With Curinos’ industry insights as a unique advantage, extraordinary strengths in AI, and a vibrant startup ecosystem that fosters creative collisions, the re-imagined FinTech Incubator has the potential for transforming the industry.”
– François Baneyx, director of CoMotion and UW Vice Provost for Innovation
