QuantFi, a leader in creating quantum computer algorithms for the financial services industry, has joined the Village at CA, the start-up accelerator of the Crédit Agricole Group.
Company officials say the move opens up the possibility to make new connections and pursue interesting collaborations.
“With planning and careful consideration, a startup incubator or accelerator is a great opportunity to network and collaborate with companies and professionals in your field,” said Paul Hiriart, QuantFi CEO and co-founder. “The Village at CA is one that works well for us due to its concentration of financial service firms who are our main client base and also its participating VC’s who understand our business.”
The accelerator also offers QuantFi a global reach, he added.
“The Village at CA offers QuantFi the ability to more easily develop an international presence due to its client network and its campuses in many global cities,” said Hiriart. “Le Village also gives us an opportunity for greater exposure, a stamp of approval of our business strategies, and a flexible and nurturing environment for collaboration and future growth.”
The company is currently the only quantum-based deep-tech company in the program.
The accelerator focuses on startups run by entrepreneurs who want to create a positive impact on a sustainable and inclusive future. Start-ups were chosen from a panel from noted companies including: PSA, Naval Group, Crédit Agricole Assurances, SAP and Microsoft. Crédit Agricole is a leader in French banking and is the 15th largest bank in the world according to Forbes.