
Queen City Fintech
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
Frequently Asked Questions
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