Yes Fintech looks for start-ups

Applications for Yes Fintech now open!

Yes Bank, one of the largest banks in India, us calling for start-ups to apply for the second cohort of its Yes Fintech innovation programme.

It “will assist fintech start-ups with product-market-fit guidance, wide access to global audience and accelerated joint go to-market within 15 weeks,” Yes Bank says.

Yes Fintech works with a range of international partners, including Israeli crowd funding platform OurCrowd, US-based fintech accelerator QC Fintech, Malaysian global innovation and creativity centre MaGIC, Singapore’s largest fintech hub Lattice 80, Innovation Centre of Denmark, Abu Dhabi Global Markets (ADGM), and fintech accelerators in Finland and the Netherlands.

$1 million funding option is available to start-ups via VC partners of Yes Fintech.

The participants will get access to 100+ APIs of the bank, mentorship from international experts and international exchange immersion programmes.

The first cohort of 12 finalists, which gathered earlier this year, was whittled down from 750+ applicants from 18 countries. The bank says that nine of the finalists are now “integrating their solutions with YES Bank and doing a joint ‘go-to-market’– over $4 million raised by cohort fintechs post completion of the programme”.

The second cohort of Yes Fintech will primarily focus on:

  • lending, including alternative lending;
  • digital payments;
  • real-time data analytics;
  • cybersecurity;
  • big data and analytics;
  • process automation and smart decisioning;
  • digital banking;
  • wealthtech;
  • investech.

Key dates:

Application close date: 7 October 2017

Pitch day: 24-25 October 2017

Cohort launch: 13 November 2017

Interested? Click here for more information and to apply.

@banking
techno