Citi Ventures, Plug and Play to start Fintech accelerators
Citi Ventures said it is partnering with the Plug and Play Tech Center to start Fintech accelerators in the United States, Germany, Singapore, Brazil and Spain. This program will build upon Citi Ventures' first Fintech accelerator launched in Tel Aviv in 2013 and focus on mobile payments and banking, as well as security and authentication. Over a 12-week period, the U.S. accelerator program will accept 20-30 startups in each of two classes in its 2015 inaugural program, according to a press release. Citi Ventures is the venture capital arm of Citigroup.
2 December 2014•3 mins read
