Learn how Desjardins' Startup in Residence program has contributed to the development and success of these participants.
WALO
Year of foundation : 2018
Headquarters : Quebec, QC
Who are we?
WALO is a mobile application linked to a prepaid card to teach younger people the value of money, all while providing parents an easy, secure and supervised tool that transforms allowances in practical life lessons.
How we benefit from the program
The Startup in Residence program gives us a privileged access to resources and experts within Desjardins. It allows us to accelerate our development through targeted assistance and the exploration of potential partners.
LIFEPlan
Year of foundation: 2016
Headquarters: Laval, QC
Who are we?
LIFEPlan is a complete system of financial analysis in wealth management.
This platform, which stands out for its human and financial approach, proposes a plan of achievements centered on the person and what is dear to him/her to achieve. A system greatly appreciated by the Financial Advisors not only because it is simple to use, complete and efficient but also for its quality to assist their clients over the years.
How we benefit from the program
Desjardins’ Startup in Residence program has allowed us to make our company and our business model evolve rapidly by giving us access to senior experts internal or external to Desjardins. We are quickly learning how to navigate in the environment of large financial institutions and adapt our offer. The acquired knowledge and the developed business relationships are simply incredible. The notoriety provided by our participation to the program opens doors that we initially believed were out of reach.
YUPP
Year of foundation: 2017
Headquarters: Toronto, ON
Who are we?
Spending is much easier than saving – and we could all do a bit better at both. YUPP is the simple mobile app that connects you to your active accounts and helps you be more mindful about where your money is going. Learn to spend and save smarter by taking a second to think: “Yupp, I bought that!”
How we benefit from the program
The Startup in Residence program gives us direct access to the leading minds in FinTech and banking. The collection of experts is incredibly experienced and knowledgeable but most of all sincerely want to help us improve personal financial wellness for Desjardins members, and all other co-op/banking members and customers.
iagree AI
Year of foundation: 2019
Headquarters: Montreal, QC
Who are we?
iagree AI helps consumers identify the key points of the terms and conditions they must agree to in order to use various online services. Using artificial intelligence, we have created an algorithm that analyzes the endless pages of legal terminology, extracts and presents the information that is the most relevant.
How do we benefit from the program
The Startup in Residence program has introduced us to the startup ecosystem, more specifically to that of Fintechs, which was, until recently, unknown territory for us. The program has also helped us to elaborate and fine-tune our strategy (marketing, technology, legal-wise ...) at a pace that is much faster than if we were working alone.
Lyra Insight
Year of foundation: 2019
Headquarters: Montreal, QC
Who are we?
Lyra Insight’s mission is to build risk management tools that will empower portfolio managers to assess company management and directors across their portfolio and focus on what they do best: invest. We have developed a platform that allows them to follow company managers and board members that held similar roles at fraudulent companies, for example, and to understand quickly how individuals and companies can have an influence on each other and how it can create conflicts of interest between managers and shareholders.
How we benefit from the program
During its early days, a startup needs to maximize its learning curve. A team of founders lacking key learnings can make significant mistakes that are hard to correct thereafter. Over the course of the residency, we have the privilege of meeting and conversing with a wide range of experts that not only become familiar with our company and its challenges, but also provide tailored and personalized advice. This type of mentoring accelerates our learning process, allowing us to gain knowledge and skills much faster than we would have on our own.
Ophelia helps individuals coping with high indebtedness transform their debt into savings.
Flare Systems offers smart intelligence tools for financial institutions’ security teams.
Aifred Health uses artificial intelligence to help physicians make the best mental health treatment decisions.
Synapse Tutorat is an education solution designed for today’s families, with no intermediaries and no administrative hassles. It helps quickly identify the best resource to support your child and monitor outcomes.
Bloc.Solutions is a platform for improving the day-to-day operational profitability and efficiency of owners and managers of rental properties. The company has developed a system for incorporating the principle of mandatory insurance into the rental property insurance market.
Hardbacon is a financial technology company behind an application that groups all of users’ investments in one location, analyzes their portfolios and helps them achieve their financial goals. The Startup partners with financial institutions, helping them sign up current clients and increase their portfolio assets, as well as acquire new clients. Users can also subscribe to the service directly.
