New York has its own Techstars fintech accelerator program. After the success of the London program Barclays is opening a second program in New York.
The Barclays Accelerator, powered by Techstars, will open in New York in July 2015. The program will provide the opportunity for ten companies to participate in thirteen weeks of intensive networking, mentoring and development, aimed at supporting breakthrough financial technology innovations. The first Barclays Accelerator program ran in London last year. A range of innovative fintech ideas were developed, including a new credit scoring system, a new money management tool to help people regain control of their finances, and an analytics platform designed to help companies manage risk and reputation. “At Barclays we recognize that innovation will not solely be driven from within our organization so we are actively embracing the opportunities and expertise of the startup ecosystem...