“Initiatives that cultivate innovation and collaboration will only increase in importance as more players enter the FinTech space, creating a vibrant community where new ideas can flourish,” commented Philip Brittan, chief technology officer and global head of platform, Financial & Risk, Thomson Reuters. “Through our partnership with Startupbootcamp FinTech, participating companies will have access to Thomson Reuters information and services, reinforcing our commitment to creating an open environment and promoting cooperation within the FinTech ecosystem. Thomson Reuters fully supports the ongoing transformation of financial services to better meet the needs and goals of our customers and all market participants.”
Establishing itself in the Big Apple, Startupbootcamp, the global family of industry-focused startup accelerators, announced the launch of a new Startupbootcamp FinTech program in New York. Following the success of programs in London and Singapore, the evolution of the FinTech program to the US ensures coverage of the three main FinTech hubs around the world. Startups can apply now to be part of this new accelerator program.
“Our expansion in the US builds on the momentum of Startupbootcamp FinTech London and Singapore, which have received over 700 applications over the last two years, from 70 different countries,” shared Nektarios Liolios, Co-Founder and Global Managing Director, Startupbootcamp FinTech. “We are excited to launch this program and look forward to seeing the talent that emerges from this region.”
The New York program will be headed by Jesse Podell, Managing Director of Startupbootcamp FinTech New York and backed by leading names in the global financial technology community such as Rabobank, MasterCard, Thomson Reuters and Santander. Startupbootcamp FinTech invites global startups from across financial technology to apply to take part in the three-month accelerator program.
“Over the last 12 months we’ve been impressed by the quality of the startups that we have encountered from all over the world, and launching a FinTech program in New York is the next logical step in the evolution of Startupbootcamp FinTech,” stated Powell. “The anchoring of Startupbootcamp FinTech in New York bridges three continents – Europe, Asia and North America – and ensures that we reach all corners of the globe in our search for the next cohort of FinTech startups set to have an impact on the industry.”
Powell, co-founder of TechDay and former co-organizer of NY FinTech Startups Meetup, began his career in financial services and has worked at firms including Jefferies, KCG and Susquehanna.
Partners MasterCard also shared enthusiasm about the partnership:
“MasterCard is looking at the future of commerce with a fresh perspective by both testing new initiatives as well as partnering with the best and brightest startups,” remarked Stephane Wyper, Global Lead, Startup Engagement at MasterCard. “Our partnership with Startupbootcamp in London, Singapore, and now New York City enables us to work with FinTech entrepreneurs across the world who are using technology and data to connect businesses and consumers in new ways.”
The New York Accelerator Program will provide startups with the opportunity to work together with Startupbootcamp partners and influential players in the FinTech industry, such as Rabobank, MasterCard, Thomson Reuters and Santander, as well as leading financial services industry experts from the Startupbootcamp global network. Startupbootcamp FinTech New York will also provide mentorship, office space and access to funding and a network of industry partners, investors and venture capital firms for up to 10 selected global FinTech startups. Based in New York, each successful team will also receive a $20,000 grant and office space for at least three months.
“In the continual pursuit of new ways to better serve our clients, Rabobank recognizes that innovation will drive our success,” observed Rajiv Singh, CEO Rabobank North America Wholesale. Building on the strong relationship Rabobank has built with Startupbootcamp’s Fintech Accelerator in London, we look forward to working together to launch Fintech New York and support emerging technologies at the forefront of banking innovation in this great financial center.”
Global startups are invited to present their ideas to the Startupbootcamp FinTech team at a series of Fast Track days between November and February 2016, held globally in locations including Mexico City, Toronto, San Francisco, Buenos Aires, Sao Paolo, Boston, Chicago, London and Singapore. The 10 successful applicants will then enter a three-month accelerator program beginning in March 2016. Interested startups may apply until February 2016 for the Startupbootcamp FinTech New York Accelerator Program.
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