Global FinTech Hackcelerator 2018

Published by Ivona

Deadline: 15 June 2018
Open to: innovative start-ups from across the globe
Benefits: cash stipend –  around USD 15.082 mentorship and more

Description

The Global FinTech Hackcelerator 2018 is looking for the most innovative start-ups from across the globe who can address problem statements contributed by the Global FinTech community and the financial services industry.

They are inviting start-ups to apply to the programme and demonstrate how their solution can address industry pain points highlighted by their chosen problem statements. Selected 20 teams for the 12-week hackcelerator programme, assigning a corporate champion to provide mentorship to help them customize their market-ready solutions into contextualized prototypes for industry adoption.

What does the industry need?

This year, there will be 3 focus areas and a general category.

There is a general category is for problem statements which do not fall into the 3 areas listed but do enable financial institutions to enhance customer experience or increase their efficiency.

  • Financial Inclusion

Solutions which empower consumers and businesses to gain access to financial services.

  • RegTech and SupTech

Solutions to ensure compliance with regulatory requirements, especially when financial institutions engage in corporate activities.

  • InsurTech

Solutions to help the financial institutions transform and shape the future state of insurance.

  • General

Solutions which enable financial institutions to enhance customer experience or increase their efficiency.

Eligibility

If you are a start-up who…

  • Has an innovative concept – an Innovative solution that can address the problem statement;
  • Has a unique proposition – Distinct from existing solutions and utilizes unique technology;
  • Shows business potential – Business model, customer experience and collaborative applicability to the industry;
  • Can demonstrate your ability to execute – Strong company track record, and technical ability and industry knowledge;

Benefits

  • Contextualized for Impact – Real client owners looking for solutions contextualized for their specific needs;
  • Cash Stipend – around USD 15.082 cash stipend for all 20 selected teams and additional cash prizes for the top 3;
  • Mentorship – Business guidance and support from leaders in the industry;
  • Development Infrastructure – Technology support for your solution;
  • Network – Connect with the FinTech ecosystem;
  • Adoption and Collaboration – Opportunity to join Corporate Adoption programmes and collaborative ecosystems (e.g. KPMG Digital Village);

How to Apply?

In order to apply fill the application form.

For more information please visit the official website.