US-based banking software provider Plaid has selected five startups for its FinRise accelerator.
FinRise is an equity-free and capital-free initiative which targets underrepresented founders in technology, and which was established in January this year.
The startups include Global Data Consortium, a developer of enterprise digital identity verification technology, and Guidefi, which has formed an online marketplace where communities of colour can access financial advisers.
OfColor, the creator of an enterprise wellness platform for employees of colour, fills out the cohort along with Walnut, the developer of a point-of-sale healthcare lending platform, and Zeta, the operator of an online platform where couples can link bank accounts and split purchases.