Fresh from its launch at FinovateEurope 2016, British-based Capitalise.com announced that it will be joining the fifth cohort of Microsoft’s 16-week accelerator program in London.
Capitalise.com Founder Paul Surtees, M.D., said, “Working closely with Microsoft will enable Capitalise to more quickly develop our machine-learning capability and realize our ambition to make access to finance a reality for all small businesses.”
Pictured (left to right): Capitalise.com co-founders Ollie Maitland, product director, and Paul Surtees, M.D., founder, demonstrated their technology at FinovateEurope 2016 in London.
One of 13 companies to participate in “Batch V,” Capitalise.com helps small businesses—and those who advise them—find financing. The company’s platform uses behavioral data to compare more than 2,500 data points to connect business borrowers with the best lender for them. Focusing on getting borrowers the financing offer with the highest likelihood of approval, Capitalise says that borrowers on its platform are twice as likely to get funded.
Microsoft Accelerator London provides startups with mentorship, technical guidance and support in order to help them scale their businesses. The accelerator does not take an equity stake in the startups that participate in the program, and companies do not have to be U.K.-based to participate in the London Accelerator, as long as the team is able to stay in London for the duration of the program.
Joining Capitalise.com in the spring accelerator are:
- Dendrite
- FitWell
- Apprecie Solutions
- Altitude Angel
- Crowdaura
- Glisser
- Instanda
- Opsh
- Pinipa
- Furo
Founded in 2014 and headquartered in London, Capitalise.com demonstrated its platform at FinovateEurope 2016.