SwitchPitch
Financial Services Innovation

The fintech scouting platform built for banks and financial services innovation teams

SwitchPitch gives bank innovation labs, insurers, and financial services firms a structured system to source fintech startups, run proof-of-concept programs, and track external partnership outcomes — without the spreadsheet chaos.

Talk to a fintech innovation specialist

See how leading banks and insurers use SwitchPitch to find and evaluate their next fintech partnership.

Trusted by innovation teams across leading enterprises and public sector organizations

BNY
Pfizer
Starbucks
Travelers
Verizon
Continental
U.S. Department of Defense
Meta
What is fintech startup scouting?

How do banks and financial institutions systematically find and evaluate fintech startups?

Financial services firms face unprecedented pressure to innovate — from neobanks, embedded finance players, and AI-native competitors. Innovation teams at banks, insurers, and asset managers need a systematic way to identify which fintech startups are building solutions relevant to their specific challenges: payments modernization, fraud detection, regulatory compliance, customer experience, or wealth management.

Startup scouting software replaces ad hoc outreach and conference networking with a repeatable process: define the problem area, search a curated fintech database, run structured evaluations, and manage relationships through pilot and scale. It creates a defensible external innovation pipeline rather than a list of one-off experiments.

SwitchPitch is used by innovation teams at leading financial institutions to run open challenges, scout fintech startups across payments, lending, insurtech, regtech, and wealthtech — and manage the full partnership lifecycle from first meeting to production deployment.

600K+
Startups including fintech, insurtech, regtech, wealthtech
48h
Average time to launch a fintech challenge
F500
Financial institutions running programs
Faster evaluation vs. manual sourcing
How it works

From innovation brief to fintech pilot in one platform

SwitchPitch handles every stage of a fintech scouting program — so your team focuses on decisions, not logistics.

1

Define your innovation brief

Describe the business problem: a payments modernization challenge, a fraud detection gap, or a customer onboarding experience you want to improve. Set eligibility criteria and target by technology type.

2

Source and evaluate fintech startups

Search 600K+ companies or post an open challenge. Collect structured applications, score startups against your criteria, and align stakeholders with shared evaluation scorecards.

3

Run and track POCs

Manage proof-of-concept programs, track milestones, and document business outcomes in a CRM built for corporate-startup relationships. Report up to leadership with one click.

Use cases

Every fintech scouting use case in one platform

Whether you're modernizing payments or evaluating insurtech startups, SwitchPitch adapts to your program model.

Payments & Embedded Finance

Scout startups building next-generation payment rails, embedded banking infrastructure, and B2B payment automation solutions.

Payments

Regtech & Compliance Innovation

Find and evaluate startups solving AML, KYC, fraud detection, and regulatory reporting challenges — with rigorous vendor evaluation workflows.

Regtech

AI & Data Innovation

Source AI-native startups in credit underwriting, financial forecasting, customer personalization, and document intelligence.

AI & Data

Insurtech & Claims Innovation

Run open challenges targeting parametric insurance, claims automation, usage-based pricing, and distribution technology.

Insurtech
Platform features

Built for the demands of financial services innovation

SwitchPitch replaces the combination of spreadsheets, email threads, and generic CRMs that most bank innovation teams are working around today.

Curated Fintech Database

600K+ startups with financial services filters: technology category, regulatory status, geography, funding stage.

Open Challenge Studio

Launch branded innovation challenges that surface the best fintech startups for your specific problem.

Structured Due Diligence

Collect security questionnaires, compliance documentation, and business cases through a standardized intake workflow.

Multi-team Scoring

Align innovation, technology, risk, and business unit stakeholders on a shared evaluation rubric.

POC Pipeline Management

Track every proof-of-concept from kickoff to outcome measurement in one place.

Enterprise Security

Designed to meet the procurement and security requirements of regulated financial institutions.

Common questions

What financial services teams ask before choosing a scouting platform

How does SwitchPitch handle vendor security requirements for banks?
SwitchPitch is designed for enterprise procurement processes. The Explorer free tier lets your team evaluate the platform without a full vendor assessment, and our enterprise tier includes SSO, audit logs, and compliance documentation.
Can we run confidential challenges that don't reveal our institution's name?
Yes. You can run blind or semi-blind challenges where startups respond to a problem brief without knowing which institution is sponsoring it — useful for sensitive competitive intelligence.
How does SwitchPitch fit with our existing vendor management process?
SwitchPitch is a sourcing and evaluation tool, not a vendor management system. It plugs into your existing procurement workflow by helping you build a qualified shortlist before formal vendor engagement begins.
What types of fintech startups are in the database?
Payments, lending, insurtech, regtech, wealthtech, banking infrastructure, embedded finance, crypto/digital assets, financial AI, and more. The database is continuously updated.
Do you work with community banks and credit unions or only large institutions?
Both. Larger institutions typically use SwitchPitch for enterprise innovation programs; smaller institutions often use Explorer (our free tier) to monitor the fintech landscape and identify partnership candidates.

From our partner ecosystem

NEA
High Alpha
Index Ventures
MassChallenge
MIT
Silicon Foundry
University of Alberta
VIPC
S2G Ventures
+100s
more
Ecosystem intelligence

Startup recommendations powered by VCs, accelerators, and university partners

SwitchPitch connects your innovation program to a live network of 100+ VCs, accelerators, and university partners — so you get warm introductions and trusted recommendations, not just search results.

When a partner backs a startup solving your exact challenge, you hear about it first. That's the difference between scouting from a database and scouting from a network.

VC & Accelerator Signals

See which startups are being backed and recommended by your partner network — with context on why they're relevant to your challenge.

University & Lab Pipeline

Access deep-tech and research-stage startups from MIT, leading universities, and national labs before they hit the mainstream.

Warm Introductions

Request introductions through shared partners — dramatically improving response rates vs. cold outreach to startups.

Innovation Readiness Level

SwitchPitch's proprietary IRL score measures enterprise-readiness based on deployments, client traction, and ecosystem validation.

Get started

Ready to build your fintech partnership pipeline?

Join innovation teams at leading banks, insurers, and financial institutions using SwitchPitch to find and evaluate the fintech startups reshaping financial services.