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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Accelerators»Applications open for AWS Global Fintech Accelerator

    Applications open for AWS Global Fintech Accelerator

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    By Tapiwa Matthew Mutisi on July 20, 2023 Accelerators, Artificial Intelligence, Entrepreneurship, Financial Services, Fintech, Startups

    Amazon Web Services (AWS) is launching its first Global Fintech Accelerator, giving fintech founders the support and mentorship they need to bring smarter financial services solutions to the market by leveraging the power of AI/ML and the cloud.

    The AWS Global Fintech Accelerator will select 150 fintech startups harnessing the power of artificial intelligence and machine learning technology from across North America (NAMER), Europe, the Middle East, Africa (EMEA), and Latin America (LATAM).

    Selected startups will join a six-week remote programme between September 18 and October 23, where they will receive one-on-one business and technical mentorship covering funding, scaling, and go-to-market strategies, as well as AWS technical fundamentals, cloud, and AI/ML adoption, and much more.

    Cohort members will also receive a package of tailored benefits, including up to US$25,000 in AWS Activate credits and a range of other benefits provided by accelerator partners across fintech, venture capital (VC), and financial services.

    At the end of the six weeks, the top 15 companies in the programme will be invited to participate in a demo day with a curated list of VCs, financial services institutions, potential customers, and other key market players. They will receive up to US$75,000 in additional AWS Activate credits.

    We are making big bets on the potential of generative AI to significantly change every customer experience out there, especially as it relates to financial services.

    In the long term, we expect generative AI to usher in the era of self-driving money, when every consumer with a smartphone can have access to an affordable, trusted financial advisor that will help them improve their financial health. These solutions will leverage what the cloud does best: it democratizes access for everyone.

    Howard Wright, Vice President (VP) and Global Head of Startups, AWS

    Applications for the AWS Global Fintech Accelerator are open here until August 14.

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    Africa Amazon Web Services AWS financial services fintech Fintech Startups Global Fintech Accelerator Startups
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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