New York FinTech Week Recap

New York FinTech Week (16 - 20 April) hosted by Empire Startups was a week long series of events that brought the FinTech community together to shine a light on the intersection of finance, technology and innovation in New York. With over 15 events held across the week by our community partners and sponsors, it created a real buzz in the city around FinTech! In case you missed it, we’ve pulled out some highlights from the week below.


The week launched with a bang! On the Monday evening, leaders from the FinTech ecosystem came together for drinks and canapés at the FinTech Week Opening Reception held at Rise NY.

 FinTech Week Opening Reception - getting the party started

FinTech Week Opening Reception - getting the party started


Forty bankers and FinTech startups took a seat at our Banking and FinTech Innovation Roundtable to discuss best practice partnering. The conversation looked at the challenges and opportunities around regulation, the future of banking, consumer experience and technology integration, and was an opportunity to forge relationships and consider new ways of partnering.

 Bank and FinTech Innovation Roundtable - a meeting of minds

Bank and FinTech Innovation Roundtable - a meeting of minds


Empire Startups hosted the premier event of New York FinTech Week - the 6th Empire FinTech Conference. Over 400 people attended the event at New World Stages - the home of Avenue Q! It was an amazing line and you can check out all the videos here.  There were keynotes from two superwomen - Carey Kolaja, Global Chief Product Officer from Citi FinTech and Megan Caywood, Co-Founder and Chief Platform Officer from Starling Bank. We had panel discussions with leaders from the FinTech ecosystem that covered  a range of topics ranging from blockchain in The New ICOnomy, to the challenges of the FinTech MVP in The Myth of the FinTech MVP - Keys to Disruption, to innovation in the enterprise in B2B Innovators, to strategic investment in How to Raise Money in FinTech, and getting in front on lending in A Blessing of Unicorns - Lending Gallops Ahead. We also had demos from 6 of the hottest startups around - N26, Bink, Shieldpay, Sigma Ratings, NextGenVest and Petal. Thrown on top of that, there was plenty of time for networking and Dinosaur BBQ!

 Empire FinTech Conference - networking at its best

Empire FinTech Conference - networking at its best

 Empire FinTech Conference - How to Raise Money in FinTech Panel

Empire FinTech Conference - How to Raise Money in FinTech Panel


Thursday was a big day! S&P Global Market Intelligence kicked off the morning with a Blockchain Breakfast event. With 60 people in the room, the Market Intelligence team presented key research takeaways and provided insight into the financial institutions investing in blockchain, and latest trends surrounding blockchain technology.

 S&P Blockchain Breakfast - the latest in blockchain technology

S&P Blockchain Breakfast - the latest in blockchain technology

Over the course of the day, Empire Startups ran a FinTech Partnerships Forum holding curated meetings at Rise NY between corporate innovation teams and startups. The aim of the day was to support innovation by promoting collaboration and strategic partnerships and we had over 20 startups participate, meeting with banks like UBS, AMEX, Blackrock, Fidelity and Barclays.

On Thursday afternoon, FinTech SandBox brought their Demo Day 5.0 (for the first time ever!) to New York. The downtown Moody’s Analytics offices were packed with over 200 people watching demo presentations of 9 FinTech startups that have taken part in their program:, DiligenceVault,, Orenda, Rialto, Synswap, WalletFi, Skopos Labs and 7Chord. The event highlighted how these startups are bringing solutions to back office innovation, meeting the needs of the underserved and bringing transparency to asset management.

 FinTech Sandbox Demo Day 5.0 - that's a packed house right there

FinTech Sandbox Demo Day 5.0 - that's a packed house right there

Davis Wright Tremaine also hosted their latest Project W event, a FemTech panel discussion that provided unique insights on how women can get and use funding, as well as fund projects themselves. The audience got the scoop on the experiences of female founders looking for funding, as well as female VCs giving funding. It was a phenomenal event with tangible takeaways and inspiration!

 FemTech Leaders Meetup - building a community of female entrepreneurs

FemTech Leaders Meetup - building a community of female entrepreneurs

To end the week, we had over 100 people converge at Rise NY for the official Closing Party. Over beer and pizza, the FinTech community shared what they’d learnt at the events attended over the week, with the discussion turning to what is come for FinTech in New York!

We couldn’t have done it without the support of our sponsors: S&P Global Market Intelligence, Davis Wright Tremaine, Nutanix, Latham & Watkins, FinTech Sandbox, Ontario International and Rise NY. A huge thank you goes out to them for their support of the FinTech community!

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If you want to learn more or get involved with New York FinTech Week in 2019 you can get in touch via

Washington D.C. – A New FinTech Hub?

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The FinTech ecosystem is always debating the merits of NY versus SF. Today, we have a new contender to add to the mix: DC.

As many of you know I started my career in government, and I’m passionate about public service. When people ask me why I left my role in government to work in FinTech, my answer is that I’m hugely passionate about financial health. Money is power, and the fact that 27% of the American population is unbanked or underbanked astounds me.

As I dive into my journey in financial inclusion, I stopped by to talk to Jotaka Eaddy, the Vice President of Policy, Strategic Engagement, and Impact for LendUp.

Here are some of the insights she shared:

Monica: Having previously worked on criminal justice reform, how did you end up in FinTech and what are you working on in your role at LendUp?


I started my advocacy work at age 16, and eventually served as the senior advisor to the President of the NAACP. Economic empowerment is a tenet of seeking true civil liberties for all people, and FinTech can lead us there.

For my current role, I spend about ⅓ of my time in DC, and the rest in SF, leading engagement and development around policy positions for LendUp. On the day to day, this means I’m working to engage with advocates, elected officials, and regulators. I’m spreading the word about who we are and the impact we are driving. What is special about LendUp is our commitment to social impact. We’re a mission-driven financial technology company, striving to create a pathway for anyone in this country who wants better financial health. We offer the first socially-responsible credit cards -- the L Card and the Arrow Card, as well as loans that give borrowers the opportunity to decrease their fees over time.

We’re driving a national conversation about financial inclusion, and our team is focused on social impact, measuring and improving the financial health of our customers.

Monica: What is LendUp looking to achieve with its presence in DC?

Jotaka: We’re figuring out, how do we learn and drive impact? How do we formulate policy that helps drive impact for our customers? We want to communicate those messages with policy makers and influencers. It’s important to note, those policy makers and influencers are not just in Washington, they are around the country. Elected officials are at state capitals across the nation, and they have a growing interest in how financial technology can be a driver of financial inclusion for their constituents.

Monica: How has the FinTech landscape in DC grown/changed in the last 5 years?

Jotaka: There is lots of interest in FinTech. I have been engaged in FinTech for 4 years, and over that time, I’ve seen a real increase in interest. There is now a deeper understanding of FinTech, and I’m seeing a deeper desire to understand financial technology, and how regulations can change to help bridge gaps that FinTechs can solve for. In last 3-4 years, we’ve seen the CFPB’s Project Catalyst Initiative, and the OCC opened an Office of Innovation. The FCC has always  delved into tech, but they are now more focused on in FinTech specifically. On the congressional level there is lots of interest. Some members are very vocal around financial tech, and they have hope that FinTech can fill gaps that have been created by the banking system. At the federal level, Congressman Emanuel Cleaver, Congressman Gregory Meeks, Congressman Patrick McHenry, are a few individuals engaging with FinTech. There is also a similar level of interest at the state level. Arizona and the debut of their Regulatory Sandbox is a perfect example of state level legislators taking initiative.

Monica: Who are some key players/departments in the government thinking about innovation and what are they working on?

Jotaka: LendUp, of course, is on the ground. The White House still does focus on innovation. During the Obama administration, there was a keen interest in tech overall. As a result, there was also a focus on FinTech, and there are still some conversations happening with this administration. The Department of Treasury comments and pursues conversations around financial technology. Trade associations like the ETA, CFSI, and FinNow, among others, are very active, and even companies like PayPal, which is a LendUp investor. There are more and more FinTechs advocating on the hill.

Monica: There has been a lot of discussion about governments around the world adopting tech and working with startups to provide better services to their people. The EU working with lending startups to provide SMEs with business loans is a great example. Have you seen the US government thinking about embracing innovation in its daily work?

Jotaka: We’re still in early stages, but we’re a lot closer than 4 years ago. Like I said before, we’re starting to see a deeper understanding of FinTech in the government. Recently, we’ve seen a network of state regulators discussing how we can have more coordination amongst state regulators. We’ve seen the OCC Fintech Charter. There are a lot more conversations happening about FinTech for social good. Over the next 2-3 years, we’ll see more movement. The policy level is not as fast moving as Silicon Valley, or the tech landscape. There is a lot at stake, and there is a healthy balance between moving swiftly and slowing the conversation down for due process.

Monica: How can startups get involved in the push for government adoption of innovative technology and policies?

Jotaka: To start, find like-minded startups with the same objectives, with a similar business model. Working in coalitions is important, and it's effective. There is so much info, and so many conversations. So much state legislation is coming out about financial technology. It can be overwhelming, but start by finding a coalition or a trade group. That’s good best practice for a starting point. Think about: which piece of the larger strategy should you start with? Start really small, and focus on building relationships with people who want to learn or engage more. You can even start with a goal to visit DC twice a year, and engage 2-5 members of Congress. Better yet, visit states where your business has a large footprint and talk to their elected officials.

Monica: Any last thoughts?

Jotaka: There is an incredible amount of opportunity in FinTech for financial inclusion. It’s not monolithic. Various FinTechs are focused on various verticals of the industry, but there are just not as many focused on the 56% of Americans who have been shut out of traditional banking. There is a great opportunity to service a community that has been pushed to the margins. We see more companies focusing on financial inclusion and financial health, and it’s a trend that I hope to see grow, since there is a great amount of opportunity. I got into this line of work when it became clear to me that technology and innovation can be a true driver for change. We can bring dignity back to financial services. That's what we're doing at LendUp.