![Meet Boston Quantum — A Demo Day[s] 10 Presenting Startup](https://www.fintechsandbox.org/wp-content/uploads/2024/03/Boston_Quantum_Blog_Founder_Header-1.png)
This year, FinTech Sandbox Demo Day[s] will take place across two days, April 9 & April 11. The presentations will be virtual and the event, as always, is free. Demo Days are exciting because we get to showcase startups that are on the very cutting edge of innovation and you get to see what they’re up to before they’re discovered.
Over the next few weeks, we’ll highlight a few of this year’s presenting entrepreneurs. Today, we’re talking to Shantanu Jha, CEO and co-founder of Cambridge-based Boston Quantum, which is building enterprise solutions leveraging the speed and scalability of quantum and quantum-inspired algorithms. Boston Quantum is presenting on Thursday, April 11.
Q. Shantanu, tell us a bit about Boston Quantum. What problems are you solving?
A. At Boston Quantum, we reimagine what computing can do. We build end-to-end enterprise solutions leveraging the speed and scalability of quantum and quantum-inspired algorithms for the financial industry, with an initial focus in reserve management including multi-currency arbitrage growth and currency exchange. Book a meeting with us at bostonquantum.io/workwithus to learn more.
Q. What is your company’s origin story?
A. BQ was founded by a group of 3 MIT PhD and 2 MIT MBA students who met in the StartMIT class in January of 2022. The team we have today is the team we had from day 1. Moreover, finding synergies across our diverse backgrounds in software engineering, quantum computing, finance, chemistry, entrepreneurship and more is our key strength.
Q. Can you describe what it’s been like to be part of the Fintech Sandbox community?
A. The Fintech Sandbox community bridges the gap between leading data providers and fintech startups, lowering an essential barrier to entry for novel ventures like ours. We’ve just joined this community and look forward to learning from, growing alongside and contributing to an ecosystem of disruptive innovation.
Q. Why is data access important to your startup?
A. Data access gives us a telescope to chart out new terrains before heavily investing in infrastructure to capture these opportunities. For a fast moving and early stage startup, this signal on what to prioritize is essential.
Q. What milestones has Boston Quantum achieved so far?
A. Six institutional clients. $500K+ deployed on our platform and growing rapidly. 24/7 production capabilities. Products for reserve growth and currency exchange. Participation in MIT delta v, Creative Destruction Lab Quantum Stream, RBPC, Nvidia Inception, and more.
Q. What trends in fintech are you most excited about?
A. Complex market inefficiencies. Increasing availability of data-driven market insights. Opportunities for massive computational power to create value from that data.
Q. How does Boston Quantum think about leveraging AI in a differentiated way?
A. We don’t leverage AI in our current solutions. We do, however, have experience in quantum machine learning and have researched various applications of this technology in the financial industry.
Q. What’s next for Boston Quantum?
A. Ramping up with the clients we have today. Onboarding more clients with liquidity across many currencies (hedge funds, banks, payment companies, multi-national corporations). Raising our first round. Leveraging the underlying physics of our universe to solve highly complex and meaningful problems.
To hear more about Boston Quantum and 11 other exciting fintech startups, be sure to register for FinTech Sandbox Demo Day[s] 10!