NEW YORK, Feb. 21, 2017 /PRNewswire/ -- LendIt, the world's largest show in lending and fintech, today announced eight finalists for its fifth PitchIt @ LendIt competition. In partnership for the first time with 500 Startups, the world's leader in investing and mentoring, and sponsored by Marqeta, PitchIt is a leading global competition for fintech startups to earn mentorship, endorsement and exposure to institutions, investors and broad visibility.
This year's finalists were chosen from nearly 300 high caliber applicants covering all areas of fintech including insurtech, blockchain, payments, online lending, credit and artificial intelligence.
The eight 2017 PitchIt finalists are:
"LendIt and 500 Startups were overwhelmed with a record-breaking amount of PitchIt applications this year," said Jason Jones, Co-Founder of LendIt. "We are excited to watch the finalists present on our keynote stage in front of hundreds of C-level executives and esteemed judges from some of the most prestigious venture capital firms."
The finalists will pitch their concepts at LendIt USA 2017 on March 7 to a panel of judges from the venture capital community including: David Teten, ff Venture Capital; Kareem Zaki, Thrive Capital; Ben Malka, F-Prime; and Joel Monegro, Union Square Ventures.
The finalists selected for PitchIt @ LendIt are given the opportunity to work closely with mentors to prepare for the competition and provide ongoing support after. The mentors are made up of individuals from the companies and accelerators, Plug & Play Ventures, Startupbootcamp FinTech New York, Santander InnoVentures, Fluidfi, Opus Bank, TigerRisk Partners, Fika.vc, Nyca Partners, Fenway Summer Ventures, Marqeta, and previous PitchIt winner IndiaLends.
LendIt is the world's largest show in lending and fintech. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities.
LendIt hosts three conferences annually: our flagship conference LendIt USA as well as LendIt Europe in London and LangDi Fintech in China. LendIt USA 2017 will be held in New York from March 6 - 7. Learn more at www.lendit.com.
About 500 Startups
500 Startups is a global venture capital seed fund and startup accelerator based in Silicon Valley with over $270M in assets under management and more than 1500 investments globally. With over 150 fintech investments in more than 20 countries, including CreditKarma, RealtyShares, Simple (acquired by BBVA), and Stripe, CB Insights recognized 500 Startups as the world's most active early-stage fintech investor.
Announced in January 2016, 500 FinTech, our $50M fintech/insurtech seed fund, accelerator, and corporate partner program scales up 500 Startups' commitment to fostering the digital transformation of the Financial Services industry and the growth of "Financial Services for the Rest of Us."