Frankfurt is firmly establishing itself as the capital of Europe’s fintech industry.
The city is home to the new Fintech Europe programme, which is being delivered through the iconic Silicon Valley accelerator platform, Plug and Play, in collaboration with TechQuartier – a startup hub in Frankfurt. And five corporate partners have been confirmed today for Fintech Europe: Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group.
“Frankfurt is a major financial capital and on track to also become a global fintech hub. We are very proud to be launching our first fintech open innovation platform for Europe, and we invite our partners from across the continent to join us as we build a fintech platform that is relevant not just to Europe, but the world,” says Saeed Amidi, CEO and Founder of Plug and Play.
The first batch of early stage companies will arrive at TechQuartier in June. Those selected for the programme will work with the financial giants partnering with Fintech Europe; with the accelerator looking to attract a total of ’10 to 15 banks and financial service providers’.