19 August 2017
visit www.avoka.com

Bank of Montreal invites startups to join fintech incubator

30 May 2017  |  5614 views  |  0 light bulbs

Bank of Montreal is bidding to strengthen its fintech partnership ties with the launch of a second four-month accelerator programme with the DMZ incubator at Ryerson University.

The bank says the goal of the partnership is to foster innovation and growth for financial services technology startups and identify the ideas BMO can integrate and take to scale quickly.

The bank is inviting startups to apply for one of six openings at the incubator to undergo mentorship and training ahead of a competitive pitch to a panel of BMO and industry-expert judges for a chance to execute a pilot with the bank and additional cash prizes.

The 2016 cohort identified FormHero and its smart forms platform as a standout opportunity to simplify customer onboarding, and has since undergone a proof of concept with the bank.

Andrew Irvine, head, Canadian Business Banking & BMO Partners, BMO Bank of Montreal, says: "The talented entrepreneurs that we get the chance to work with through this program have so much to offer to our industry. We look forward to collaborating with them and helping to provide opportunities that will enhance the Canadian fintech landscape and ultimately provide a better customer experience."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Strengthening Toronto fintech ecosystem should be top priority - report

Strengthening Toronto fintech ecosystem should be top priority - report

16 May 2017  |  6700 views  |  0 comments | 6 tweets | 9 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7941 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7381 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6190 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6095 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5939 views comments | 11 tweets | 9 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job