Startupbootcamp FinTech New York has announced new partnerships with Deutsche Bank, Route 66 Ventures and WilmerHale.
The accelerator programme said that the move would provide additional expertise, APIs and access to a network of industry professionals that most early-stage FinTech startups would not otherwise be able to access.
Startupbootcamp launched the New York version of its FinTech programme in November 2015, following similar initiatives in London and Singapore. The new Grind West co-working space, powered by Verizon, will serve as its New York base. Applications for the programme are still open, and the 10 selected startups will receive mentorship, access to funding, and exposure to a network of industry partners, investors and venture capital firms. Each successful team will also receive a $20,000 grant and office space for at least three months in New York.
Jesse Podell, managing director at Startupbootcamp FinTech New York, said: “As we continue the expansion of our Startupbootcamp FinTech programme, the addition of partners in New York and the confirmation of our New York office space further cements the programme as an important initiative to harbour great innovations of the future. We are extremely excited to have partnerships with firms from across the financial industry, from leading financial institutions to investors to law firms, and with Deutsche Bank, Route 66 Ventures and WilmerHale also involved, the possibilities for innovation and success are exponential.”
Ben Britt, general partner at Route 66 Ventures, added: “Route 66 Ventures focuses on investing in people and ideas around the world that are improving financial services by changing the outdated paradigms existing within the greater financial services industry. Startupbootcamp FinTech New York and the commitment from their partners and mentors will help the ongoing step-change happening in this space to better deliver, as well as create, new products and services for customers globally.”