Pippin Title receives top fintech prize as part of Polsky Center’s accelerator program
Riverwoods, IL, and Chicago, September 28, 2020 – Discover and the Polsky Center for Entrepreneurship and Innovation at the University of Chicago have announced that Discover will award $25,000 to Pippin Title, a startup team in the Polsky’s Center’s nationally-ranked Edward L. Kaplan, ’71, New Venture Challenge (NVC).
Pippin Title placed first at the Polsky Center’s NVC finals on June 4. The NVC is a top university accelerator program in the country that provides early-stage ventures access to funding, mentorship, networking and education.
“Pippin Title’s innovations in the title data industry are helping to improve the home-buying experience, and we look forward to watching their progress as they continue to evolve,” said Carlos Minetti, president of consumer banking at Discover. “This $25,000 prize is another way Discover continues to invest in the next generation of fintech leaders so that we continue to improve the banking and payments experience for consumers.”
Launched in 1996, the NVC is celebrating 25 years and has accelerated more than 330 startups that have raised more than $1.3 billion in capital and achieved more than $7.7 billion in mergers and investor returns. Startups range in scope and industry, including everything from CPG and retail to fintech and biotech.
“We have a vibrant fintech community at the University of Chicago and we are grateful to partner with financial leaders like Discover to support the growth of new startups emerging from the University,” said E.J. Reedy, senior director at the Polsky Center for Entrepreneurship and Innovation.
About Discover
Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance around the world. For more information, visit www.discover.com/company.
About The Polsky Center
The Polsky Center for Entrepreneurship and Innovation drives the creation of new businesses and partnerships at the University of Chicago and across the world. As the leading expert in venture creation and the dedicated resource for UChicago’s global community, the Polsky Center runs one of the top startup accelerator programs in the nation, the Edward L. Kaplan, ’71, New Venture Challenge, which is celebrating 25 years. Through education, resources, and programs, the Polsky Center commercializes discoveries, partners with companies, and attracts venture capital. By igniting a spirit of innovation and fostering connections that extend across the University, city, region and world, the Polsky Center enables more ideas to have a meaningful impact on society. Learn more at polsky.uchicago.edu.
Media Contact
Jennifer Delgado
224-405-1484
jenniferdelgado@discover.com
@Discover_News