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Fiserv and Bank Innovation team up for fintech accelerator launch

JJ Hornblass, (top), and Matt Wilcox

JJ Hornblass, (top), and Matt Wilcox

Bank Innovation and Fiserv have launched Bank Innovation INV, a fintech accelerator for financial services start-ups around the world.

INV is now accepting applications for its first accelerator class, which will commence this quarter.

It is open to start-ups from anywhere in the world, but ‘with a particular focus on the world’s four major fintech hubs: Silicon Valley, Europe, Israel and New York’.

JJ Hornblass, principal, Bank Innovation INV, says the partnership with Fiserv means start-ups will get ‘exceptional technology mentoring and access to potential technology users’.

Matt Wilcox, SVP, marketing strategy and innovation, Fiserv, adds that INV will also ‘serve as a connection point between financial services start-ups and our thousands of bank and credit union clients’.

Also participating in INV are Cross River Bank and US Bank, who will provide ‘mentorship and select financial services to accelerator start-ups, in addition to opportunities for proof-of-concept initiatives’.

In addition, the following companies will make their application programming interfaces (APIs) ‘exclusively available’ to INV start-ups: Xignite, ChartIQ, Estimize, Open Bank Project, QuantConnect, and Streamdata.io.

For more information on INV, visit www.BankInnovationINV.com

By Antony Peyton.

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