With more banks and financial services firms becoming seriously involved in the fintech sector a new party has decided to join in the innovation rush.
Global news and information firm Thomson Reuters has partnered with Startupbootcamp FinTech to bring technology and market data access to startups undergoing the Singapore accelerator program.
Under the partnership, Thomson Reuters will be involved in the evaluation process and mentorship for the program as well as gaining access to innovative and promising startups at their early stages.
Singapore's Growing Fintech Scene
«The financial services firms of the future will be more connected, data driven, flexible, mobile and digital. Asia is a hot bed of FinTech talent – the new partnership with Startupbootcamp reinforces our commitment to creating an open environment and promoting cooperation within the FinTech ecosystem in the region,» said Sanjeev Chatrath, Managing Director, Financial & Risk, Asia Pacific, Thomson Reuters.
Startupbootcamp FinTech is the leading global accelerator program focused on financial innovation, providing FinTech startups with funding, mentorship and guidance from leading financial services industry partners. Startups will also gain access to a global network of investors and venture capitalists.
Milestone Growth
To date, Startupbootcamp FinTech Singapore has accelerated 11 teams that have achieved milestone growth since Demo Day last July 2015. Startups like Toast and Kashmi have closed pre-series A funding rounds.
