FinTech Wales has launched the FinTech Wales Foundry, a zero-equity accelerator programme for FinTechs.
In Brief:
The programme aims to pair global FinTechs with leading financial institutions in Wales.
It will support solutions that “solve societal challenges” and help to “build back better” after Covid-19.
The 12 week programme will enable businesses to access mentors, venture capitalists and key FinTech stakeholders.
What does this mean?
The Foundry is encouraging applications from businesses looking to establish a larger presence in the UK across all FinTech verticals, including payments, InsurTech, WealthTech and more.
Hoping to boost jobs and investment in the sector, the Foundry is already being supported by the Welsh Government, Cardiff University, Google Gloud, Stripe, Salesforce and more.
