Scotiabank will partnership Fintech in Startupbootcamp

The decision of Scotiabank is part of a strategy of innovation and approach with the Fintech ecosystem.

Scotiabank announced that it joins as a corporate partner of Startupbootcamp programs in Latin America.

The decision of the Canadian bank responds to a strategy of innovation and approach with the financial-technological ecosystem.

The association will foresee the launch of the Startupbootcamp Fintech acceleration program in Mexico City, one of the programs that Startbootcamp has in the Latin American region.

The third generation of this acceleration program focused on FinTech will be chosen among the best talent in the region. Those who want to be part of it can register before June 23.

The initiative aims to consolidate high impact companies of Fintech. Entrepreneurs will receive mentoring and collaboration with key agents. Among the sponsors of the initiative are Visa, Scotiabank, HSBC Mexico, Banregio, IGNIA, Latinia, Fiinlab powered by Gentera, EY Mexico and White & Case.

Christine Chang, director of both programs in Latin America, comments: “A few weeks ago we opened the third call for our acceleration program: Startupbootcamp FinTech Mexico City, and today we strengthen our reach with the support of Scotiabank.”

Startbootcamp arrived in Latin America in March 2017. Since then, the team has met 300 eligible startups and accelerated to 20 early stage companies.

“Through this collaboration, we reaffirm our commitment to connect with the best FinTech talent in the region, and remain the only facilitating agents for the consolidation of the best FinTech businesses in Mexico and Latin America,” adds Chang.

Cristina Cacho, Vice President of FinTech Partnerships at Scotiabank for Latin America, comments: “At Scotiabank, we have a robust innovation strategy oriented to provide the best experience for our clients. The alliance with Startupbootcamp expresses our commitment to startups in Latin America that are in different stages of development and maturity. “

At the end of this process, the ten best FinTech startups in the region will be chosen, who will be the recipients of financial support of USD 16,500, a workspace in Finnovista Loft in the heart of Mexico City, specialized mentoring and access to a global support network.

The selected companies will be announced in August, although the program will start on September 9, and will last for three months.