Startupbootcamp makes tracks for Latin America
The global fintech accelerator network is launching its first LatAm programme in Mexico City.
Startupbootcamp, the global accelerator network that aims to encourage entrepreneurial innovation, has announced its expansion to the Latin American market through the launch of a dedicated fintech programme in Mexico. Startupbootcamp Fintech Mexico City is a joint venture between the network and Spanish start-up support organisation Finnovista and also has support from Visa, Mexico’s Fiinlab powered by Gentera, regional bank BanRegio, professional services firm EY and law firm White & Case.
The Mexico programme joins existing ones in London, Amsterdam, New York, Singapore and Mumbai. It aims to accelerate Latin American start-ups by providing them with funding and mechanisms to grow through mentoring, access to corporate partners and clients, and taking advantage of Mexico City as a launch pad.
Designed to support 10 fintech start-ups, the three-month accelerator programme will take the selected start-ups to the next level and provide US$15,000 in funding, direct access to key players in the regional financial services industry, specialized mentoring, free office space in Mexico City, and access to a global network of investors and venture capitalists (VCs), among other benefits.