Applications Invited for Equitech - Fintech Accelerator program

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About the Organization

Equitas Small Finance Bank is a small finance bank founded in 2016 as a microfinance lender. The bank has its headquarters in Chennai, and is a subsidiary of holding company Equitas Holdings Ltd.

About the Fellowship

Equitech – A collaborative platform for co-creating meaningful and innovative Financial Solutions by Equitas Small Finance Bank and Fintechs together

Equitas Bank program aims to:

• To create value for the consumers in India through innovations in Banking Products, Technology and Customer Experience
• To Ideate, Innovate and Incubate Startups in their Journey and Co- Create meaningful and innovative Financial Solutions
• Joint Go-To-Market for the co-created product, thereby enabling business growth for the Fintechs
• Opportunity for Fintechs to showcase their next big idea to investors, market experts with Equitas as the banking partner

Key Focus Tracks for the Cohort

• Financial Inclusion

• Edutech

Detailed Eligibility Criteria

• The Fintech Startup must be registered/incorporated within the last 6 years on the date of the Accelerator Program opening. Not mandatory for Start-up from Academic Institutions, LLPs and partnership firms.
• Start-ups yearly turnover should not exceed Rs 150 crore for each financial year since the incorporation.
• Should have at least two full-time employees, with a leadership team dedicated as full-time employees. Most important team members should be experts in their particular field.
• The solution should offer innovative products with significant advantages over current industry offerings and represent original ideas wholly-owned with the freedom to use or is licensed by the team.

For more information please check the Link

Tags Financial Inclusion Others