Startupbootcamp Fintech adds Scotiabank to its line-up of corporate partners as they enter into the third acceleration cycle

Startupbootcamp Fintech adds Scotiabank to its line-up of corporate partners as they enter into the third acceleration cycle

08-May-2019

As part of its innovation strategy and closer cooperation to the financial technological ecosystem, Scotiabank joins Startupbootcamp innovation programs in Latin America as their new corporate partner.

This collaboration broadens the scope of Startupbootcamp’s industry initiatives in the search for the best FinTech talent in the region and strengthens the upcoming round of the acceleration program of Startupbootcamp FinTech in Mexico City.  

 

Canada’s most international bank, Scotiabank, announces its participation and corporate support of Startupbootcamp programs in Latin America: Startupbootcamp FinTech and Startupbootcamp Scale FinTech.

The bank also invites the best FinTech talent to apply for the third generation of the acceleration program of Startupbootcamp FinTech in Mexico City by June the 23rd.

This initiative helps high impact financial technological companies consolidate their business through mentoring and cooperation with key industry players, especially its corporate partners: Visa, Scotiabank, HSBC Mexico, Banregio, IGNIA, Latinia, Fiinlab powered by Gentera, EY Mexico and White & Case.  

As part of its innovation strategy and of its approach to the financial technological ecosystem, Scotiabank seeks to collaborate and work hand-in-hand with startups and emerging projects from within the industry, and Startupbootcamp is a way to achieve this objective.  

According to Christine Chang, director of Industry Partnerships of Startupbootcamp in LatAm:

“A few weeks ago we opened the third call for applications for our acceleration program, Startupbootcamp FinTech Mexico City, and today we further expand our reach with Scotiabank’s support”.

Since Startupbootcamp’s arrival to the region in March 2017, the local team has met 300 startups potentially eligible to be part of its network, seen two generations graduate and accelerated 20 early-stage companies.  The initiative is a joint venture between Startupbootcamp and Finnovista – the leading champion of FinTech innovation in Latin America.

“Through this collaboration we reaffirm our commitment to connecting with the best FinTech talent in the region and to maintain our position as the only agent facilitating consolidation of the best FinTech businesses in Mexico and Latin America”, states Chang.

On Scotiabank’s side, Cristina Cacho, Vice President of FinTech Partnerships for Latin America, explains:

“At Scotiabank we have a solid innovation strategy focused on providing the best experience for our clients. Our partnership with Startupbootcamp demonstrates our commitment to startups in Latin America in different stages of development and maturity”.

The 10 best FinTech startups in the region, selected at the end of the process, will be granted $16,500 USD, office space at Finnovista Loft, a hub for FinTech located in the heart of Mexico City, specialized mentorship and access to a global network.

The list of selected startups will be announced in August, and the three-month program will start on September 9th. For more information, to apply to the program or to see the dates and venues of the FastTrack Tour, please visit: https://www.startupbootcamp.org/accelerator/fintech-mexico-city/.