American Banker’s Penny Crossman volunteered as a mentor for Barclays New York Accelerator and found that succeeding as a fintech startup is quite a challenge; she was tasked with helping entrepreneurs deal with the media, she found that most were looking to be featured in the WSJ or FT; she also sat down with Jon Zanoff, managing director, recruiter and top coach of the program to discuss the program; interesting tidbits from the interview include 4 of 9 company founders are female, the program is a lot more in depth than other bank accelerators and the challenge the program presents on a daily basis. Source.
Small banks are unable to put endless resources into projects to test new technologies and must be more strategic in...
In-person meetups, investor pitches and mentoring have been replaced with virtual sessions that now have the organizations running these programs...
Ping An Technology and SparkLabs Group will team up to form Ping An Fintech Accelerator; the program will encourage companies to apply from around the world and the first batch will target 10 companies; CEO of Ping An Technology, Ericson Chan, said to Crowdfund Insider, “We are excited to partner with SparkLabs to collaborate with FinTech companies from around the globe. Ping An Technology is the incubator of new technologies for Ping An Group. This accelerator forms a critical part of our incubation ecosystem.” Source.
JPMorgan is in talks to invest an undisclosed amount in 10x Future Technologies, the company founded by former Barclays CEO...
Mobile bank Current launches a points rewards program for debit card users U.S. Financial Service Buckle Secured $31 Million Through...