Curinos brings banking industry expertise and unparalleled industry data to support fintech innovation
New York, NY – March 18, 2024 – (“Curinos” or the “Company”), a global data intelligence business that combines industry-exclusive expertise, insights and analytics to help leading financial institutions grow their businesses, announced today a new partnership with CoMotion, the collaborative innovation hub at the University of Washington, to relaunch its FinTech Incubator.
The Curinos FinTech Incubator, located 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.
Through this partnership, Curinos will provide Incubator members with the following benefits:
- Mentorship by connecting 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
“No other incubator matches CoMotion’s track record of launching groundbreaking fintech companies nationwide,” said Olly Downs, Chief Technology & AI Officer. “We’re committed to partnering with the most driven entrepreneurs who will reshape the future of finance.”
Curinos has repeatedly been 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. 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.
“Speed to market is everything—startups thrive when they can build, test, and scale rapidly,” commented Lisa Brown, Curinos Chief Product Officer. “The relaunch of the FinTech Incubator provides expertise and strategic support, removing hurdles to execution and enabling bold ideas to quickly become reality.”
“We’re thrilled to partner with Curinos to relaunch the FinTech Incubator at UW CoMotion Labs,” said François Baneyx, director of CoMotion and UW Vice Provost for Innovation. “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 potential for transforming the industry.”
Curinos brings extensive industry expertise in financial services, noting over 85% of the Top 100 US Banks and Credit Unions, and a total of more than 1,500 financial institutions worldwide among its customers. The company has an unparalleled 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, as well as marketing analytics and optimization.
The 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.
About Curinos
Leaders at financial institutions call on Curinos to help them navigate a changing industry and chart new paths to growth, as only Curinos brings together the industry-exclusive expertise, insights and analytical firepower that fuel a strategic competitive advantage. Curinos solutions combine vast, proprietary data with predictive analytics, enabling clients to identify emerging opportunities and make informed decisions that drive sustained performance improvements. A trusted partner to the industry and leading financial institutions around the world, Curinos helps uncover key opportunities that drive business growth.
About the University of Washington and CoMotion
Ranked by Reuters as the #1 most innovative public university in the U.S., UW is a leading recipient of federal research funding, producing innovations that have the potential to change the world—from biofuel alternatives to more effective treatments for Alzheimer’s disease and brain cancer, to purification technologies for drinking water in developing countries.
CoMotion at the University of Washington partners with the UW community on their innovation journey, providing tools, connections, and acumen to transform ideas into economic and societal impact. CoMotion Labs, part of CoMotion, serves as a multi-industry incubator for early-stage startups in the greater Seattle area, as well as the UW community. By providing essential infrastructure and opportunities for learning, mentoring, and networking, CoMotion Labs nurtures and enables success. Its Labs operate in four incubators: three located on the UW Seattle campus, each concentrating on a specific industry sector (life sciences, hardware, and technology), and one in downtown Seattle that focuses on climate tech.
