Bank Innovation, a fintech strategy news services provider, has collaborated with Fiserv to launch a new fintech accelerator, named Bank Innovation INV.
Being the first non-geographically specific fintech accelerator, INV will cater to all financial services startups across the globe. However, its main focus area will be the fintech hubs of Silicon Valley, Europe, Israel and New York.
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Among the participants in INV include U.S. Bank and Cross River Bank, who will be offer mentorship and select financial services to accelerator startups as well as opportunities for proof-of-concept initiatives.
Bank Innovation INV principal JJ Hornblass said: "Bank Innovation INV will uniquely embrace fintech startups no matter where they are on the planet. Our partnership with Fiserv means startups in the accelerator program will get exceptional technology mentoring and access to potential technology users, which will lead to better results."
Fiserv SVP, marketing strategy and innovation, Matt Wilcox added: "As part of our role in the Bank Innovation INV accelerator, Fiserv has an opportunity to not only further innovation, but to serve as a connection point between financial services startups and our thousands of bank and credit union clients."
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