23 startups chosen for the third batch of Plug and Play FinTech
SUNNYVALE, Calif., March 1, 2016 /PRNewswire/ — After sourcing over 820 startups, Plug and Play’s Financial Technology Platform of Innovation has accepted 23 startups into its third batch of the program. The current corporate partners of the program include Assurant, Banco Original, Bank of the West, BNP Paribas, Capital One, Credit Suisse, Deloitte, Deutsche Bank, Finstar Labs, Intuit, JCB, MUFG, Santander, Sumitomo, TD Bank, USAA, and U.S. Bank. These corporate partners will work side by side with the startups for three months through mentor sessions, structured deal review, pilots, investments and even acquisitions.
“With our latest additions of globally leading financial institutional partners, our ecosystem continues to scale with opportunities for growth on behalf of our startups both in Silicon Valley and in markets across the world,” says Scott Robinson, Founder & Director of Plug and Play FinTech. “This unprecedented level of support will result in new levels of innovation from our startups.”
This batch includes a range of innovative startups including:
Plug and Play FinTech is an ecosystem connecting forward-thinking corporations and venture capitalists with startups that are developing technology that is defining the world of financial technology. This Innovation Platform runs twice a year for 20-30 FinTech-focused startups that are chosen by Plug and Play’s venture team, VC partners, and corporate partners.
The startups will pitch their polished ideas to corporate partners and investors at Plug and Play’s FinTech, Retail, and Materials EXPO. To see these startups in person, attend Plug and Play’s EXPO on May 25th. Register here: http://bit.ly/21EAejP
About Plug and Play Tech Center
Plug and Play Tech Center is the world’s largest global technology accelerator and venture fund. Since inception in 2006, our program has expanded worldwide to include entrepreneurs from 24 countries, providing necessary resources to succeed in Silicon Valley. With over 350 startups and 300 corporate partners, we have created the ultimate startup ecosystem. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 365 networking events per year. Companies in our community have raised over $3.5 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit: http://www.plugandplaytechcenter.com