Benedetta Arese Lucini
Co-Founder & CEO
Platform for young adults
for saving and investing
Co-Founder & Chief Strategy Officer
Debt collection platform
to retain delinquent customers
Event & Prize Partners
1st Place Winner: $35,000
2nd Place Winner: $25,000
3rd Place Winner: $15,000
Complimentary delegate pass for first place winner to SALT Conference with 2,000+ leaders
Innovation Women membership
Startup Consulting & Mentoring from PayPal experts
Four hours of individual communications coaching from The TAI Group
Introductions to industry leaders
Access to legal mentoring and coaching under Shearman & Sterling LLP’s FinTech Advisory Program
Q&A with Alicia Syrett on investing and pitching best practices
Discounted Innovation Women membership
Webinar on high impact communication skills, delivered by The TAI Group
Social Media Announcement
Hear from our past winners & sponsors
Winner, 2018 InsurTech
“I got the chance to meet so many awesome women and work with outstanding mentors. I learned so much and made a lot of great connections.”
Sponsor, 2018 InsurTech
“The rise of InsurTech… is critical to our industry… we couldn’t miss an opportunity to be a leader in sourcing and supporting the next generation of solutions.”
E-mail us at firstname.lastname@example.org if you have any questions.
Why is Quesnay running this program?
Quesnay has 6 years of experience running innovation competitions, creating customized acceleration programs, and developing digital partnership strategies in order to source external ideas / startups and connect them into the clients’ organizations.
Over the 6 years, we recognized the distinct lack of representation and startup funding among women, and launched the Female Founders in Tech program to help solve this problem. In 2016, venture capitalists invested $58.2 billion in companies with all-male founders. Meanwhile, women received just $1.46 billion in venture capital money. This problem is more stark in FinTech. According to a 2017 KPMG report, only 12 out of 500 deals (2%) went to companies founded by women in Fintech
Launched in 2017, the Female Founders in Tech program marries support for diversity and innovation into one. The competition recognizes and supports women-led startups and awards them with money, mentorship, education, and introductions to potential business partners.
Quesnay launched the Female Founders in Tech Competition in 2017 with great success and expanded the program this year with dedicated tracks for InsurTech and FinTech. 2018 kicked off with the InsurTech track which was global in scope and saw a strong pool of finalists pitch to an audience of over 100 industry leaders. Over 200 women-led startups have applied to the program to date. The FinTech Track is now launching on November 12th.
Who should apply?
You are eligible if your business meets the following criteria:
Female founder, co-founder, CEO, or C-Suite leader
Have a product offering that is relevant to the financial services industry (non-insurance) and that addresses technology opportunities **may have broader applicability than financial services**
Have a Minimum Viable Product (MVP) that has a planned launch or has already been launched in-market ** no cap on previous funding, required experience level, or time in market **
Less than 50% owned by corporation / investor (e.g., Venture Capital firm)
Why should I apply?
You will have access to a number of benefits and opportunities:
All Participants will be invited to the Final Pitch Event at the PayPal Office, 117 Barrow St, New York, NY 10014 on approximately March 7, 2019. All applicants will also have the opportunity to participate in an Ellevest workshop on how to take control of their financial life.
Top 5 Finalists will also have access to receive the following:
Introductions to potential business partners
Legal mentoring and coaching under Shearman & Sterling LLP’s FinTech Advisory Program, which is dedicated to supporting FinTech startups shaping the future of financial services
Discounted rate to become part of the Innovation Women network
Social media announcement through Quesnay’s channels
Quesnay will endeavor to coordinate the introductions and announcements with each Round 2 Finalist during and after the Final Live Pitch Event.
Female Founders in Tech Prize Winners:
One (1) First Place Prize: $35,000
One (1) Second Place Prize: $25,000
One (1) Third Place Prize: $15,000
Winner will receive complimentary membership to Innovation Women
Quesnay will also work with the winners of the First Place Prize, Second Place Prize, and Third Place Prize post event to facilitate introductions to potential business partners.
Quesnay will feature the First Place Prize, Second Place Prize, and Third Place Prize winners on Sponsor’s website and via Sponsor’s network to raise awareness of each winner’s work.
First place prize to receive a complimentary delegate pass, accommodations, and invitations to select VIP events at the SALT Conference | Las Vegas, - a global thought leadership forum of 2,000+ leading investors, policy experts, politicians and business leaders.
What types of products and solutions qualify?
Product and solutions must be market-ready and relevant to the financial services industry (non-insurance) **may have broader applicability than financial services**. Example companies include:
Companies involved in analytics, big data, artificial intelligence, mobile, cybersecurity, payments, blockchain, robotics, digital marketing, Internet of Things (IoT), authentication, wearables, and operations, among others.
Companies with demonstrable products, backed by experience and implementation that envision a large enterprise as the ultimate customer.
Where and how do I apply?
The Application Link will allow you to register, acknowledge the Official Rules, and then answer a few questions in writing on your product. You may also upload an optional video demo of your product. More detailed requirements are provided in the Official Rules.
What happens after the Online Application Round?
Once the Round 1: Online is complete, applicants will be evaluated by a group of judges, who are leaders from business, academia, and the VC / incubator community (judging criteria are available in the Official Rules).
Following the Online Judging Round, five Round 2 Finalists will be selected to present at the Final Live Pitch event on March 7, 2019 at PayPal Office (117 Barrow St, New York, NY 10014) in front of a panel of judges (judging criteria are available in the Official Rules).
Round 2 Finalists will also have the opportunity to be coached by mentors (virtually, no travel required) who are insurance leaders and experts to refine their presentation, business plan, and obtain feedback.
What will be expected of the Finalists for the Final Live Pitch Event?
Each Finalist will be expected to deliver a 3-5 minute presentation followed by 5 minutes of Q&A with a panel of judges. The pitch may include a product demo and further company and product details. Building on the details provided in the Online Application Round, the finalists will be asked to elaborate on their growth strategy and the areas where they’ll benefit from partnerships. More details on the pitch materials and judging criteria are available in the Official Rules.
The female founder, co-founder, CEO, or C-Suite leader will be required to present at the event.
Where and when is the Final Live Pitch Event being held?
The final live pitch event will take place on March 7, 2019 at the PayPal Office, 117 Barrow St, New York, NY 10014.
Will travel costs be covered for the Final Live Pitch Event?
Quesnay will cover the cost of travel and two nights of hotel stay for one participant - the female founder, co-founder, CEO, or C-Suite leader from each of the Round 2 Finalists. Reimbursement of up to $1,800 total in documented reasonable travel and lodging expenses is available to the participant if they reside in a physical location that is more than 250 miles from New York City. You may have other staff members attend the event at their own expense.