RHB hosts 2nd KL FastTrack Day 2016 with Startupbootcamp FinTech
By Digital News Asia December 2, 2016
- Startupbootcamp FinTech is an accelerator focused on financial innovation
- Programme attracted 19 applications from Malaysia; 12 startups were shortlisted
THE RHB Banking Group on Dec 1 hosted their second KL FastTrack Day in Kuala Lumpur, in collaboration with Startupbootcamp FinTech as the multinational financial services group continues efforts to bring digital innovations in financial services to the Malaysian market.
The KL FastTrack Day assists aspiring Malaysian fintechs to directly access an international network of mentors led by RHB Banking Group’s senior leaders and from Startupbootcamp affiliates and partners.
“RHB remains committed to driving financial innovation in Malaysia and the Asean region, which is in line with our Digital Transformation Strategy. This includes collaborating with innovative fintech start-ups. The startup teams selected for the KL FastTrack Day will showcase the very best that financial services and technology has to offer. The partnership will offer RHB customers access to simple, fast and seamless digital solutions and experience,” said RHB Banking Group, group chief operations officer Rohan Krishnalingam.
“Malaysia has a unique fintech ecosystem and every year we find new exciting startups that have great solutions to local and regional challenges. Malaysia is always a key destination on our FastTrack tour of Southeast Asia, and with the support of RHB we are able to help foster the growth of the local fintech ecosystem, “said Startupbootcamp Asia managing director Steven Tong.
The Startupbootcamp programme attracted 19 relevant applications from within Malaysia focused on enterprise solutions, consumer finance and finance security. From the total only 12 startups were shortlisted to join the KL FastTrack Day.
Startupbootcamp FinTech is an accelerator focused on financial innovation. The accelerator offers fintech startups access to industry expertise during a three month programme providing fintech startups with mentorship and guidance from financial services industry partners. Startups will also gain access to a mentor and alumni network from across the globe.
Notable startups from this KL FastTrack Day may be put on the watch-list for Startupbootcamp’s Accelerator Programme 2017.
Under this partnership, RHB will also be involved in the evaluation process, programme funding, mentoring for the FinTech Accelerator programme, as well as organising of FastTrack Days and Hackathons in Kuala Lumpur.