Do you have a Fintech startup and you seek funding for operational growth and expansion? Then you might want to apply for the Wells Fargo Accelerator.
The Wells Fargo Startup Accelerator is a hands-on program designed to advance startups that create solutions for enterprise customers — inside and outside the financial industry. It accepts applications twice each year. The review process includes technical and executive reviews. The accelerator typically emails applicants first-stage review results within one month after the application period ends.
The accelerator seeks startups with ideas that improve Wells Fargo’s business processes, its customer relationships, and infrastructure. This includes:
- Companies involved in analytics, big data, artificial intelligence, mobile, cybersecurity, payments, blockchain, robotics, digital marketing, Internet of Things (IoT), authentication, wearables, and operations, among others.
- Companies with demonstrable products, backed by experience and implementation that envision a large enterprise as the ultimate customer.
Once selected, the Wells Fargo Startup Accelerator collaborates on the working strategy between your company and Wells Fargo and, if applicable, assist in the execution of proof-of-concept projects.
Each selected startup also gets funded with investments up to $1,000,000. While Wells Fargo has a vested interest in your company’s success, it primarily encourages innovation, so it will maintain only a minority equity stake in your company.
The 6 month intensive program helps companies understand what it takes to become part of the corporate stack. After the program, companies may continue to work with Fargo Wells on proof of concepts across different business lines within Wells Fargo.
Entrepreneurs from around the globe who have innovative ideas can apply.
To apply click here.