KPMG, (a professional firm with deep expertise in the provision of Audit, Tax and Advisory services to clients in various industries and sectors of the economy including the public sector) in collaboration with the Monetary Authority of Singapore (MAS) has announced their sponsorship of Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from 13th to 17th November, 2017. The festival is expected to bring over 30,000 people from the global financial community together for a week-long expose of FinTech.
The Global FinTech Hackcelerator 2017, powered by KPMG Digital Village, is looking for the most exciting and innovative start-ups from all over the world who can address challenges spanning customer engagement, lending, insurance, asset management, financial inclusion and regtech
This program aims to get 1,000 applications from FinTech start-ups across the globe. The top 20 teams will be selected for a 12-week accelerator program in Singapore. Each team will receive a stipend of S$20,000 and they will be matched with industry champions to customize their prototypes into market-ready solutions for adoption. The top 3 teams will receive an additional cash prize of S$50,000 each.
FinTechs across Nigeria have been asked to apply for the ‘Hackcelerator’ program, and demonstrate how they can innovate to address the highlighted problem statements. According to Boye Ademola, Partner and Head, FinTech at KPMG in Nigeria, “We have come to realize that there are several FinTechs with brilliant solutions in Nigeria. We have people that create FinTech solutions that solve deep industry issues with global applicability. We are therefore inviting Nigerian FinTechs to take advantage of the Global FinTech Hackcelerator to showcase their solutions and bring Nigeria to the forefront as a leading FinTech hub”. Interested individuals or teams are required to submit their applications before the deadline of 15 July, 2017.
If you are interested to apply for this hackcelerator, Click here!