RHB in fintech tie-up with Startupbootcamp FinTech
By Digital News Asia September 30, 2015
- RHB to be involved in evaluation, funding, mentoring for FinTech Accelerator
- Also involved in ‘Fast Track Days’ and hackathons in Kuala Lumpur
THE RHB Banking Group said it has entered into a partnership with Startupbootcamp FinTech that will bring digital innovations in financial services to the Malaysian market.
RHB is Startupbootcamp FinTech’s exclusive partner in Malaysia, for the FinTech startup programme in Singapore, RHB said in a statement.
Through this partnership, “our customers can expect to see the integration of seamless and innovative digital solutions from some of the best global and regional fintech (financial services technology) companies,” said RHB Banking group managing director Khairussaleh Ramli.
“This is in line with our ‘Digital Strategy’ which includes collaborating with innovative fintech startups to nurture and grow their businesses,” he added.
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Under this partnership, RHB will be involved in the evaluation process, funding, mentoring for the FinTech Accelerator programme, as well as the organising of ‘Fast Track Days’ and hackathons in Kuala Lumpur.
Startupbootcamp FinTech is Europe’s leading accelerator, and the first of its kind focused on financial innovation.
It provides fintech startups with funding, mentorship and guidance from leading financial services industry partners.
Its Asia accelerator programme, launched in December 2014 in Singapore, received over 300 applications from 38 different countries.
For the upcoming 2016 Startupbootcamp FinTech Programme, 10 startups from across the region will be selected to attend a three-month accelerator programme in Singapore, where they will collaborate with over 200 mentors, partners, and investors.
RHB will offer fintech startups in Malaysia the opportunity to connect with regional and global companies and investors.
“We are very excited to have RHB joining us as a partner in Malaysia,” said Startupbootcamp FinTech global chief operating officer and cofounder Markus Gnirck.
“We are looking forward to supporting the growth of the regional fintech ecosystem and foster change in the industry,” he added.
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