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The Fintech Sandbox an accelerator of sorts for startups has attracted ten data providers and eight fintech startups in two months. But it's still missing what it needs most: bank members.
May 6 -
Among big-bank accelerator programs, the British bank's effort is unique for its scope, size and depth.
August 4 -
Investment in London fintech firms is soaring and young companies are being drawn to the area, especially the Canary Wharf district, thanks to the efforts of incubator Level39, a vibrant social scene, and close proximity to large banks.
June 5
There's another fintech accelerator coming to New York.
Startupbootcamp FinTech, co-hosted by MasterCard, Banco Santander, Rabobank and Thomson Reuters, will open in March and applications will be accepted through February. The program is part of the Startupbootcamp worldwide network of 12 startup accelerators that launched in 2010. Earlier programs were held in London and Singapore.
The partnering companies will help mentor participating fintech startups as they gear up to pitch their business ideas to investors at the end of the three-month intensive program. Ten graduates of the accelerator will receive a $20,000 grant, office space for three months and access to a network of investors and venture capitalists.
The Startupbootcamp launch is a "logical" step to diversify and improve the network of startup companies already discovered through the program, said Jesse Podell, managing director.
