Intuit, Highline unveil 2023 cohort of joint FinTech accelerator
Summary
The startups will also have access to additional experts from Intuit and the broader industry who will mentor in areas such as product design and development, partnerships, marketing, sales, engineering, and venture capital.The startups chosen for the accelerator are: Carbonhound, NetNow, Requity Homes, Spruce, Chexy, goPeer, LenderBidding and Parachute.Carbonhound is a carbon management software platform for small and mid-sized enterprises to measure, reduce, verify, and market their carbon emissions. It raised $1.2 million CAD in April 2022 to bring its rent-to-own model to Western Canada.Spruce is an AI-powered loan origination and decisioning software that can collect, analyze, underwrite, and monitor small business data. Users can connect the financial software they already use to Spruce with over 100 apps in its catalogue.Chexy is a payments platform that allows tenants to earn rewards and build credit on rent, leading to potential homeownership. It raised $302,000 CAD in pre-seed funding in April 2022, according to CrunchBase.goPeer is a peer-to-peer lending platform that provides low-interest loans to borrowers, while generating interest for investors from excess capital. The startup can give users a loan of up to $25,000 based on approved credit.Intuit and Highline Beta launched the Prosperity Accelerator in 2020 in response to the financial hardships businesses were facing during the COVID-19 pandemic.