Barclays and Techstars are today launching a program that will give ten innovative businesses the chance to shape the future of financial services. The Barclays Accelerator, powered by Techstars, is a three month intensive program which will provide ten FinTech companies with funding and deep mentorship, supporting them on their journey to delivering breakthrough innovations.
Commenting on the partnership, Derek White, Barclays Chief Design Officer, said “We’ve identified technology as a key driver of innovation and it will be paramount to Barclays achieving our ambition of becoming the ‘Go-To’ bank. We’ve already had great successes using an entrepreneurial approach to future design, including the launch of our innovative Barclays Pingit app, and we’re keen to ensure we build upon these by supporting entrepreneurs and putting them in an ecosystem where they can grow and develop.”
Applications are open now at http://BarclaysAccelerator.com and will close March 21, 2014.