“The best financial services startup incubator in the world.”
In brief:
- Jamie Campbell, the founder of Fronted and former senior leader at Bud, has been recruited as the first head of 11:FS VC which is on a mission to build “the best financial services startup incubator in the world”.
- The venture arm will be able to tap into the teams, tech and reach of 11:FS and use these to support the startups it invests in or who join its accelerator programme.
- While details of the accelerator programme and the kinds of investments that 11:FS VC will look to make are still unknown, Brear said 11:FS has “a string of massive banks looking at co-investment with us”.
What does this mean?
Jamie Campbell, newly appointed Head of 11:FS VC said on the launch of 11:FS VC: “All fintech founders face challenges: go-to-market planning, customer acquisition, scaling with partners, technology sourcing and building, accessing good market intelligence, navigating regulation, and accessing funding. 11:FS VC is where the solution to all those pinch points converge.”
“Graduates of our program will leave with some seriously unfair advantages.”