NatWest Selects Five Startups for Fintech Growth Programme
NatWest Selects Five Startups for Fintech Growth Programme

NatWest Selects Five Startups for Fintech Growth Programme

News summary

NatWest has selected five pre-Series A fintech startups—AperiData, mmob, Sprive, Tunic Pay, and Ask Silver—to participate in its inaugural Fintech Growth Programme, aimed at helping these companies scale up by leveraging the bank's resources and expertise. Over the course of ten weeks, the startups will engage in workshops and mentorship, fostering collaboration and innovation in the payments space. Each startup offers unique solutions: Tunic Pay focuses on fraud prevention, mmob provides an embedded finance toolkit, Aperidata aims to revolutionize credit scoring, Sprive helps homeowners reduce debt, and Ask Silver offers a scam-checking service. NatWest's initiative reflects a shift away from traditional banking models towards partnerships with innovative fintechs. The program is designed not only to support the startups but also to enhance NatWest's innovation pipeline and customer outcomes. Officials from NatWest emphasized the importance of collaboration in meeting evolving customer needs in the financial sector.

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