Big banks back fintech and cybersecurity accelerator

Big banks back fintech and cybersecurity accelerator

Startupbootcamp is to run a combined fintech and cybersecurity accelerator programme in Amsterdam with the backing of Rabobank, ING, ABN Amro, SNS Bank, PwC, NN Group, Delta Lloyd and Athlon.

For the Amsterdam gig, Startupbootcamp is looking for companies focusing on areas such as blockchain, P2P payments, compliance/KYC as well as cyber security related areas including fraud detection, cloud security, and encryption.

To kick off, prospective applicants are invited to present their ideas at a series of ‘FastTrack’ days between August and November 2016 in cities around the world, including Amsterdam, London, Berlin, Paris, Tel Aviv, Moscow and Madrid.

The 10 successful applicants will get €15,000 per team, free office space, and access to a network of industry partners during the three-month accelerator programme, beginning 9 January 2017.

Nektarios Liolios, global MD Startupbootcamp FinTech, says: “It is rare occasion to see the largest names within the financial community of one country coming together to enable early stage innovation and to focus on real problems that affect the industry today. 2016 has seen some major security breaches in the financial sector and we are excited to bring the Cybersecurity focus to the Startupbootcamp FinTech family of programmes."

The project will be headed by Michael Dooijes, a member of the Rabobank Innovation Board and CEO of Rabobank's mobile commerce company MyOrder.

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