Finance Fintech News

Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America

Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America

The second annual program invites global tech startups with AI-driven solutions to apply to the latest edition of the Intuit Prosperity Accelerator: AI, powered by Highline Beta

Intuit Inc., a leading global financial platform company known for products such as TurboTax, QuickBooks, Credit Karma and Mint, and Highline Beta, a venture studio and venture capital firm, today announced the launch of the Intuit Prosperity Accelerator: AI. The new five-month program aims to leverage the power of artificial intelligence (AI) to advance the financial prosperity of consumers and businesses in North America.

Intuit launches second-annual #IntuitProsperityAccelerator, powered by @Highline Beta. This program aims to leverage the power of #AI to help communities overcome financial challenges in North America. Learn more: https://www.intuit.com/ca/prosperity-accelerator

The application of AI is revolutionizing how consumers and small businesses are benefiting from the company’s products and services by delivering innovative, personalized offerings and experiences at scale. Intuit has been investing in AI on its platform for more than 15 years. The accelerator program is designed to leverage Intuit expertise to help startup participants unlock new strategies with AI to benefit their end users.

Read More: i2c Becomes First Company to be a Visa Fintech Fast Track Member in Four Regions

The program builds on the strength of the inaugural 2020 Intuit Prosperity Accelerator, which supported startups positioned to address the financial challenges Canadian consumers and small businesses face in the wake of COVID-19. The first cohort included eight startups and culminated with a Demo Day event in partnership with TechTO.

Read More: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

“As we begin to emerge from an undoubtedly difficult year, the newly enterprising North American innovators will be the key to our economic recovery,” said David Marquis, Vice President and Canada Country Manager at Intuit. “Given the success of the Intuit Prosperity Accelerator throughout the pandemic, we’re excited about the opportunity to connect with a new network of AI technology innovators and equip them with additional solutions to build a brighter future.”

“We are very excited about presenting this unique opportunity to startups across the globe, eyeing the North American market,” said Hussam Ayyad, Chief Accelerator Officer at Highline Beta. “Partnering with Intuit provides early-stage startups with the ability to tap into the network of a world-leading tech company with approximately 100 million customers globally. This offers collaborators unmatched market intelligence as well as the remarkable expertise of Intuit’s committed team.”

Read More: Bakkt Expands Reach of the Digital Wallet Experience to Send Digital Assets to Anyone

Related posts

Sulpayments Switzerland and Gamecash Mexico United Under International Holding Structure to Expand Local Payment Offerings in Latin America

PR Newswire

Weave Surpasses $1 Billion in Payments Processed

Fintech News Desk

VP BankVP Bank Selects AxiomSL to Meet Multi-Jurisdictional Risk and Regulatory Reporting Requirements

Fintech News Desk
1