Applications are now open for this year’s edition of the Global FinTech Hackcelerator powered by KPMG Digital Village, which will provide startups with mentoring and funding.
KPMG is looking for the most exciting and innovative startups from across the world that can address problems faced by the financial industry, and has drawn up 100 problem statements across three focus areas – Customer-Facing, Financial Inclusion, and RegTech – and a General category.
The top 20 startups shortlisted for the Global FinTech Hackcelerator will have the opportunity to work with real client owners to contextualise their solution to client and industry needs, enter or expand into Singapore and the Asia-Pacific regional markets, and receive guidance and support from industry experts, subject-matter experts and regulatory bodies.
They will also receive a cash stipend of up to US$20,000, while the top three teams at the end of the programme will receive an additional cash prize of US$50,000. Post-hackcelerator, teams will continue working with industry champions to adopt and integrate their solutions into real-life business applications.