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Queen City Fintech

North America, North Carolina, United States, Charlotte

Description

Queen City Fintech (QCF) is a prominent fintech-exclusive accelerator program strategically located in Charlotte, North Carolina, a significant hub for financial services. Established to foster innovation in the financial technology sector, QCF focuses on nurturing early-stage startups through a structured, intensive 12-week program. The accelerator leverages its deep connections within the region's robust financial ecosystem, providing participating companies with unparalleled access to industry experts, potential corporate partners, and a network of seasoned mentors. This unique positioning allows QCF to bridge the gap between nascent fintech ventures and established financial institutions, facilitating collaboration and growth.

A core component of the Queen City Fintech program is its initial investment in selected startups. Each company accepted into the accelerator typically receives $100,000 in investment capital, provided through a Simple Agreement for Future Equity (SAFE). This standardized seed funding is designed to provide critical early-stage capital, enabling founders to focus on product development and market validation during the intensive program. Beyond the financial injection, QCF's value proposition lies in its comprehensive support system, which includes tailored mentorship, workshops on key business areas, and opportunities for direct engagement with potential clients and investors.

Since its inception, Queen City Fintech has played a significant role in the fintech landscape, having graduated over 70 companies through its various cohorts. This impressive track record underscores its commitment to cultivating successful fintech ventures and contributing to the economic development of the region. The program's success is often attributed to its hands-on approach, its ability to attract high-potential startups, and its strong collaborative relationships with major financial institutions and venture capital firms, which often lead to follow-on funding opportunities for its alumni. QCF remains a vital catalyst for fintech innovation, particularly in the Southeast.

Investor Profile

Queen City Fintech has backed more than 55 startups, with 0 new investments in the last 12 months alone. The firm has led 27 rounds, about 49% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Grant rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Typical check size: $100K.

Stage Focus

  • Seed (62%)
  • Pre Seed (33%)
  • Grant (2%)
  • Convertible Note (2%)
  • Non Equity Assistance (2%)

Country Focus

  • United States (84%)
  • United Kingdom (4%)
  • Canada (4%)
  • Ireland (2%)
  • Singapore (2%)
  • Nigeria (2%)
  • Poland (2%)
  • Denmark (2%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • Payments
  • Saas
  • Artificial Intelligence (Ai)
  • Mobile Apps
  • Finance
  • Banking
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Queen City Fintech frequently co-invest with?

E-Fund
North America, Alberta, Canada, Vancouver
Co-Investments: 1
Stacked Capital
North America, New York, United States, New York
Co-Investments: 26
Sprout Fund LP
North America, Alberta, Canada, Edmonton
Co-Investments: 1
Blockchain Founders Fund
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
MuckerLab
North America, California, United States, Santa Monica
Co-Investments: 1
Angel Forum
North America, British Columbia, Canada, Vancouver
Co-Investments: 1
HV
North America, British Columbia, Canada, Victoria
Co-Investments: 1
CFV Ventures
North America, North Carolina, United States, Charlotte
Co-Investments: 9
StartFast Ventures
North America, New York, United States, Syracuse
Co-Investments: 1
IBM
North America, New York, United States, Armonk
Co-Investments: 1

What are some of recent deals done by Queen City Fintech?

EPICA

Miami, Florida, United States

EPICA is an AI company that gives business unprecedented power for decision making by breaking patterns of behavior of audiences.

Artificial Intelligence (AI)Big DataMachine LearningSaaS
SeedApr 13, 2021
Amount Raised: $240,000
FINBOA

Houston, Texas, United States

FINBOA provides a SaaS automation platform that helps banks track disputes and improve customer experience.

BankingFinancial ServicesSaaSSoftware
SeedMay 18, 2020
Agingo

Charlotte, North Carolina, United States

Agingo is managing data like money using its advanced Not-Only-One-Blockchain platform.

BlockchainFinancial ServicesFinTechPrivacySoftware
SeedMay 18, 2020
Neontri

Warsaw, Mazowieckie, Poland

Neontri is a fintech providing innovative B2B solutions for banks and other financial institutions.

Big DataFinancial ServicesFinTechInformation TechnologyMobileMobile AppsMobile PaymentsPaymentsSoftware
SeedMay 18, 2020
TuningBill

London, England, United Kingdom

TuningBill is a digital banking and account management system for international traders.

BankingFinancial ServicesFinTech
SeedMay 18, 2020
Cirrus Secure

Evergreen, Colorado, United States

Cirrus Secure is a secure document management system for banks and lenders.

AppsComputerDocument ManagementLendingSoftware
SeedMay 18, 2020
Truss

San Francisco, California, United States

Truss is a financial technology company that moves money for construction businesses.

B2BConstructionFinancial ServicesFinTechMobile PaymentsPaymentsPropTechTransaction Processing
Pre SeedMay 15, 2020
Amount Raised: $354,346
Redactable

New York, New York, United States

Redactable is a web-based application that helps companies permanently redact their confidential documents.

B2BComplianceInformation TechnologyInternetMachine LearningSaaSSoftware
Pre SeedMar 1, 2020
Amount Raised: $40,000
Finclude

Dublin, Dublin, Ireland

Transforming consumer credit based on transactional behaviour

Consumer LendingCreditCredit BureauFinancial ServicesFinTechRisk Management
GrantNov 3, 2019
Amount Raised: $150,000
CHER®

Santa Monica, California, United States

CHER® is a marketplace that makes co-ownership for primary residences simple and flexible.

Financial ServicesFinTechLendingMarketplaceReal EstateReal Estate InvestmentSocial ImpactSocial NetworkSoftware
Pre SeedSep 1, 2019
Amount Raised: $640,000