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BNP Paribas and Plug and Play to host accelerator program in Paris

BNPP_7854-255x135BNP Paribas is teaming up with Station F, Paris’ startup campus, to host an accelerator program in conjunction with Plug and Play.

The campus will host and promote FinTech and InsurTech startups as part of BNP’s innovation strategy. Selected startups will be able to join the campus in the longer term.

“Strengthening our positioning in the start-up ecosystem is an illustration of our transformation process towards building the bank of the future,” says Jacques d’Estais, Deputy Chief Operating Officer at BNP Paribas.

“We are incredibly excited to build our European FinTech and InsurTech innovation platform with BNP Paribas in Station F,” adds Saeed Amidi, Founder and CEO, Plug and Play. “I believe it will become the hot spot of all startups and all corporate innovation, not only for Paris and France, but for Europe as a whole. It will be a great pleasure to connect Station F to Plug and Play’s HQ in Silicon Valley where we have been helping, accelerating and investing in start-ups for more than 10 years.”

‟We currently provide over 2,000 company clients with tailored support under this specialised start-up-oriented approach, which is unique in France,” comments Marie Claire Capobianco, Head of BNP Paribas French Retail Banking and BNP Paribas Group Executive Committee member. “BNP Paribas is also able to offer the Hello bank! service range to the digital workers at Station F, so all the companies at Station F, plus their employees, will have immediate access to a specialised banking partner.”

Startup sidekick

In BNP Paribas’ plans to collaborate and support startups, we can find a few projects that reflect the spirit of innovation in mind.

The second round of its FinTech accelerator program saw 11 companies being boosted by BNP Paribas’ support.

A new digital acceleration project was announced earlier this year, with the intention to transform the companies branches and digitalise many processes.

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