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Plaid has announced the inaugural cohort of startups in its new accelerator program, FinRise.The equity-free and capital-free program has chosen five early-stage fintech startups out of 100 applications to join its cohort. The accelerator is explicitly focused on backing underrepresented founders in tech.
While participants don’t get funding, FinRise has collated a number of “capital access partners,” which basically means investors who are committed to meeting with these companies and potentially writing a check. This network includes Accion, Acrew, Amex Ventures, Flourish, Harlem Capital, Kapor, Matrix, Village Capital, Visible Hands and First Round.
https://techcrunch.com/2021/03/24/plaid-accelerator-announces-inaugural-cohort-of-fintech-startups/
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