Applications for Startupbootcamp FinTech London are open
Startupbootcamp FinTech, the leading accelerator focused on financial innovation, has opened the applications for its 2015 London programme.
The 2014 programme was highly successful with 10 startups from eight different countries, including the US, UK, Switzerland, Estonia and the Netherlands. The startups created 21 projects with the partners of Startupbootcamp FinTech, including Rabobank, Lloyds Banking Group, MasterCard, arvato financial and Intesa Sanpaolo, and many have gone on to raise funding and grow their revenues significantly since the programme.
Startupbootcamp FinTech London ensures that a high quality of potential startups are chosen for the programme, who demonstrate a combination of a stellar team with a solution/technology that solves a real problem – and some traction to prove they are on the right track. Seven of the 10 startups from 2014’s cohort were already generating revenues before they entered the programme. This is a manifestation of the quality of startups the accelerator is able to attract.
This year, Startupbootcamp FinTech is visiting 20 locations around the world, including Tel Aviv, Paris and Zurich, as well as new locations, including Sydney, Toronto, San Francisco, Johannesburg and Dubai on its FastTrack tour. In each location 10 startups will be chosen to join a FastTrack session, which is an opportunity to gain access to invaluable feedback on their product and business model in 1:1 sessions with mentors and investors. It is also a chance for the Startupbootcamp FinTech team to meet the startups face-to-face and evaluate their potential for the programme.
The 20 best startups from around the world will be invited to join selection days in London in July and after four days of intensive workshops, mentoring and pitching, 10 startups will be chosen to join the 2015 accelerator programme. The programme will provide the startups with extensive mentoring and exposure to a network of entrepreneurs, investors and Startupbootcamp FinTech partners; three months free office space; €15k in cash and €450k in free services from global partners like Google, Amazon Web Services and many more.
Nektarios Liolios, Global Managing Director for Startupbootcamp FinTech, said: “Since Demo Day 2014, where participants present their ideas to a crowd of potential investors, our Startupbootcamp Alumni have gone on to exciting things with two teams being chosen as part of the 2015 FinTech50 and two going on to present at Finovate Europe. After a successful London programme in 2014 and an unprecedented amount of applicants for our Singapore programme, the logical next step is to open up the programme to an even wider community of startups by tapping into the untouched startup ecosystems around the world, where we are seeing fintech companies emerging. The support and backing of our partners will also help to further cement the credibility of the programme, allowing us to reach the communities where there is a need for an accelerator such as ours.”
Applications for the Startupbootcamp FinTech London accelerator programme are now open for early-stage startups to apply. The 10 startups chosen to enter the three-month programme will be announced in July, before the programme begins in August 2015.