Numo

This model gives Numo the perspective and resources to identify and resolve unique problems across the financial industry. Their real estate portfolio management app was facilitated thanks to data purchasing and insights made possible by the PNC partnership, for example. And it’s enabled them to innovate in high-stakes areas where banks have historically proven hesitant to engage with, like gig economy financial services - which they addressed with their inaugural app, indi.

The fintech industry is firmly expanding, with disruptive technologies like AI and the blockchain partnering with a customer base whose expectations regarding seamlessness and digital transformation are on the rise. Nearly 90% of incumbent financial institutions expect fintechs to poach a portion of their business over the coming years - so PNC’s Numo incubator is a savvy way of using this to their advantage.