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December 13.2025

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NJ FAST Inspires Next Wave of Fintech Startups: Third Cohort Graduates

NJ FAST graduates 3rd fintech, AI startup cohort in Hoboken (updated)

Celebrating Innovation: NJ FAST's Thriving Third Cohort

On December 3, 2025, the NJ FAST program celebrated the graduation of its third cohort at Stevens Institute of Technology in Hoboken, marking a significant milestone in New Jersey's burgeoning fintech and AI landscape. A total of 13 startups presented their innovations during the NJ FAST Powered by Plug and Play Batch 3 Expo, showcasing solutions that have collectively raised $80 million in funding.

Pioneering Startups Making Waves in Fintech and AI

This year's cohort included trailblazers in various domains, from insurance automation to advanced AI workflows. Notable companies such as Counter and Thread AI are redefining industry standards. Counter offers a community-driven fintech platform, enabling early payouts for disability benefits, while Thread AI focuses on automating corporate AI workflows, demonstrating the inventive spirit of New Jersey’s startups.

The Role of Supportive Partnerships

Key partnerships, including Prudential Financial and the New Jersey Economic Development Authority (NJEDA), have been instrumental in nurturing this cohort. Their support accelerates innovation, positioning New Jersey as a national leader in fintech and insurtech. NJEDA CEO Tim Sullivan emphasizes the significance of these investments in enhancing the state's innovation economy, ultimately creating jobs and new technologies.

Fostering Talent for Tomorrow

Stevens Institute, as a founding academic partner of NJ FAST, not only supports the startups but also cultivates the talent pipeline for these industries. Students like Nikhila Ainala and Julie Pronier have gained invaluable experience through internships with the companies in the cohort, applying their classroom knowledge to real-world challenges and contributing to the success of the startups.

A Bright Future Ahead

As NJ FAST gears up for its fourth cohort, with applications closing at the end of this year, the anticipation surrounding the next wave of innovations is palpable. The success of Batch 3 sets a strong precedent and opens doors for future entrepreneurs eager to disrupt the fintech landscape.

The NJ FAST program exemplifies New Jersey's commitment to fostering a vibrant startup ecosystem. With each graduating class, the initiative not only supports the present but also sows the seeds for the future of innovation in the Garden State.

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NJ FAST Inspires Next Wave of Fintech Startups: Third Cohort Graduates

Celebrating Innovation: NJ FAST's Thriving Third Cohort

Pioneering Startups Making Waves in Fintech and AI

The Role of Supportive Partnerships

Fostering Talent for Tomorrow

A Bright Future Ahead

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