Accelerator

The Digital Fifth Launches Accelerator Program to Mentor Early-Stage Fintech Startups

• ByStartupStory     |    December 19, 2023

India’s pioneering fintech consulting firm, The Digital Fifth (TDF), has unveiled its flagship accelerator program. Aimed at nurturing early-stage startups, the program is set to be a game-changer for the burgeoning fintech landscape.

The maiden batch of startups selected for this accelerator program is scheduled to be announced on February 7, 2024, during the prestigious Bharat Fintech Summit. Entrepreneurs with innovative ideas and solutions have until January 2 to submit their applications for consideration.

Selected startups will have the unique opportunity to benefit from personalized mentorship provided by industry experts at TDF. Furthermore, they will showcase their ventures to potential investors at the upcoming summit, creating a platform to attract funding and propel their endeavors to new heights.

Sameer Singh Jaini, the Founder and CEO of The Digital Fifth, expressed the firm’s vision for the accelerator program, stating, “With the accelerator program, our aim is to nurture upcoming startups with our knowledge of the BFSI sector and help them with their lift-off. The program is designed to ensure boundless networking opportunities in a transparent manner.”

The accelerator program is not just about mentorship; it opens doors for startups to tap into TDF’s extensive network within the BFSI sector. This strategic access to banks, financial services, and other fintech companies is envisioned to be a crucial stepping stone for startups aiming to scale up.

The selection process for the inaugural batch will be meticulous, focusing on Enterprise Fintechs with potential solutions tailored for large institutions in the BFSI industry. Approximately 10 startups will be chosen based on a thorough review of their business models.

Startups selected for the program will enjoy personal mentorship from TDF’s consulting team, consisting of leading industry practitioners. Moreover, they will seize the opportunity to present their products and give demos to investors at the Bharat Fintech Summit, with the prospect of securing Seed to Series A funding.

TDF’s accelerator program is poised to inject vitality into India’s growing community of BFSI startups. Since its establishment in 2017, The Digital Fifth has been a steadfast consulting partner for banks, non-banking financial companies, wealth management, mutual funds, and insurance sectors.

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