FinTech91 Accelerator
Enabling FinTech & TechFin Startups across the Globe
DAY
00
HR
00
MIN
00
SEC
00
#fintech #api #sandbox #financialliteracy #financialinclusion #financialmobility #msme #digitalidentity #creditscoring
Organized By
In Partnership With
About Us
About FinTech91 Accelerator Program
FinTech91 Accelerator Program by Startup Réseau, under the IFSCA FinTech Incentive Scheme, 2022, is for enabling global and Indian FinTech and TechFin startups. The program aims to support startups to accelerate their business by getting access to Mentors, Industry experts, potential investors, and exposure to the ecosystem.
- 1-month accelerator program
- Access to IFSCA Sandbox [To the selected startups that meet the eligibility criteria set forth by IFSCA].
- 1-1 Mentorship
- Workshops and masterclass with Industry Leaders
- Access to Investors, Enterprise Network, & Strong Peer Network
- Technology Credits worth US $500K
Program Focus Areas
The FinTech91 Accelerator program aims to help Fintech & TechFin startups from around the world, gain access to the IFSCA Sandbox [To the selected startups that meet the eligibility criteria set forth by IFSCA], especially if they are working on any of the following focus areas:
Banking Sector
Your startups is solving for Banking Sector within the below sub sectors
Remittance and payments
Digital lending
Buy Now Pay Later
Crowd Lending
Digital Bank
Neo Banking / Challenger bank)
Open banking
Capital Markets and Funds Management
Your startup is addressing any of the Capital Markets and Funds Management challenges in the following verticals
Crowd funding
Personal finance
Wealth Tech
Robo Advisory
Sustainable Finance products
Alternate trading platforms
Insurance Sector
Your startup is operating within the insurance ecosystem in the following vertical:
InsurTech
Innovative technologies for insurance life cycle
Underwriting, claims management of life/health products, etc.
Digital innovation for global health insurance cover
Innovation in commercial insurance
Digital platform for settlement of balances between insurance companies
Open insurance
Embedded insurance
Cyber insurance
Tech-Finance
An illustrative list of allied areas/activities aiding and assisting activities in relation to financial product, financial services and financial institutions (TechFin) is given below:
(a) Agri Tech
(b) Accelerators
(c) Climate/Green/Sustainable Tech
(d) Defence Tech
(e) Regulatory Tech
(f) Space Tech
(g) Supervisory Tech
(h) Technology solution supporting Digital banking (example Core Banking etc.)
(i) Technology solution aiding Trade Finance
Solutions/services for BFSI domain leveraging:
(i) Artificial Intelligence/Machine Learning/
(ii) Big Data
(iii) Biometrics
(iv) Chatbots
(v) Cyber security
(vi) Digital Identity/KYC/AML/CFT
(vii) Distributed Ledger Technology
(viii) Fraud detection/prevention
(ix) Internet of Things (IoT)
(x) Longevity Finance
(xi) Metaverse including Augmented Reality and /or Virtual Reality
(xii) Quantum Tech
(xiii) Web 3.0
Program takeawys
Perks of participating in the accelerator program
As a participant in the accelerator, you will get access to the following;
4 weeks' Structured Accelerator Program
10-12 high-potential startups will be selected for a 4-weeks venture mentorship and leadership acceleration, that will be delivered by successful founders, industry leaders, domain experts
Access to IFSCA FinTech Sandbook
The Cohort gets first-hand access to the IFSCA sandbox [To the selected startups that meet the eligibility criteria set forth by IFSCA]
Demo day
The FinTech91 program will culminate with a demo day with stakeholders participating from corporations and investors.
Eligibility
In case Applicant is from India:
- An entity registered with DPIIT as start-up related to FinTech; or
- A company or LLP incorporated in India; or
- Branch of Company/ LLP in IFSC; or
- An entity working directly or indirectly in the ecosystem regulated by RBI / SEBI/ IRDAI/ PFRDA
In case Applicant is from Outside India:
An entity from jurisdictions except those jurisdictions which are identified in the public statement of FATF as “High-Risk Jurisdictions subject to a Call for Action” (i.e. black list)
FAQ
What is FinTech91 Accelerator about?
Fintech91 Accelerator by Startup Reseau, under the IFSCA FinTech Incentive Scheme, 2022, is for enabling Global and Indian TechFin startups. The program aims to support startups to accelerate their business by getting access to Mentors, Industry experts, potential investors, and exposure to the ecosystem.
What are the key dates for the FinTech91 Accelerator Program?
Program Announcement & Applications Live: 10th June 2024
Application Closes: 28th June 2024
Cohort Announcement- 1st July
Programming - 1st July 2024 - 30th July 2024
Demo Day - 30th July 2024
What are the focus areas of the FinTech91 Accelerator Program?
Startups operating in the following focus areas include the Banking Sector, Capital Markets & Fund Management, Insurance Sector, and TechFin. More details on these focus areas can be found in the program focus area section.
How can I participate in the FinTech91 accelerator program?
To participate, apply to the FinTech91 Accelerator program and submit your application.
What happens after the FinTech91 Accelerator Program?
After the program, participants will present their final solutions during the Demo Day with stakeholders participating from corporations and investors. Selected startups meeting the eligibility criteria set forth by IFSCA will get access to the IFSCA Sandbox.