H2 Ventures this week announced the accelerator would invest in its fourth cohort of start-ups for the country’s sole accelerator program.

Seven technology start-ups are preparing to spend six months in the Sydney-based H2 Ventures accelerator program, developing new products to help innovate the financial services sector.

H2 Ventures founding partner, Toby Heap, said the latest group of start-ups would work on the development of their products and core business model before the launch of their solutions into the marketplace.

“We are once again delighted with the quality of applicants received for this round of the accelerator and have chosen seven fantastic teams,” he said.

Personalised homemade food marketplace service, DishMe, had been selected for the program, along with split bill service, Divi, and social sports trading game, FanTrade.

Sustainable investments solution, Goodments, and money advice platform, Nod, would also join the accelerator, along with personalisation for sales, services and support platform, Reji.

The final start-up selected was InsideSherpa – a platform to connect students with young professionals.

The 2016 H2 cohort would graduate in June, while the fifth round of the program, which would commence in August, had been opened for applications.