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Henry Kravis Fund and Accenture Create FinTech Lab

A civic group launched by private equity pioneer Henry Kravis is working with Accenture to help IT startups make inroads into the city’s financial institutions. Every year, 100 startups from around the world compete for half a dozen spots in a mentoring program that includes big banks and VCs. “I meet with these winners every year and I am blown away by the quality of the ideas,” Kravis said. “It’s a way to make sure the financial center stays here and I way to make sure financial institutions know about innovation. “

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