FinTech Wales Foundry Autumn 2022 

To help incubate, accelerate, and scale start-up organisations within the Welsh ecosystem and beyond, The Foundry, FinTech Wales’ no equity accelerator programme, offers world-class mentorship and support. Have you created a viable, early-stage FinTech company that you’re eager to launch and begin funding? If that’s the case, then you should join this course.

FinTech Wales Foundry Autumn 2022

This is a FREE programme with no obligations, and it is supported by prominent businesses. Perfect for startups in their infancy that are still undergoing validation. FinTech Wales is excited to announce the beginning of the third season of its free accelerator programme that does not involve equity investment.

The previous cohort was polled and asked, “How likely are you to recommend this programme to other founders?” They gave the programme an average score of 9.12 out of 10, indicating that they were very likely to do so.

Program Details 

Location: Cardiff, UK.

Time: Sep 14-Nov 18 (9 weeks)

Application Deadline: 25 August

Eligibility: 

• Financial Analysis, Financial Planning, Financial Modelling, Finance Business Intelligence, Fintech Enablers, FinTech, Financial Services
• located in Europe
• incorporated or not
• idea, prototype or users stage
• Angel or Pre-seed
• have raised funding or not
• currently raising or not raising funds
• have revenue or not

Go through this link to apply https://www.f6s.com/fintech-wales-foundry/apply

Program Description 

The FinTech Wales Foundry, FinTech Wales’ flagship accelerator programme, has announced the eight FinTech startups accepted into its 2022 Accelerator.

The Foundry: Validate Raise & Scale, a 12-week no-equity programme, is the only one of its kind in Wales, with an explicit focus on assisting founders in successfully validating, fundraising, and scaling a new venture.

Following a rigorous interview process, the Foundry and its sponsors Principality Building Society, Admiral Financial Services (AFSL), and Cardiff Capital Region City Deal extended offers to eight startups from the UK and Europe, who will begin the programme on January 26th. The accelerators format will safely combine intensive digital and in-person mentoring sessions with experienced industry leaders at the programme’s Cardiff hub, before culminating in an event showcasing their progress at the accelerator’s end in mid-April, Covid restrictions permitting.

About the Organizers

By serving as the leading FinTech advocacy group in Wales, they will assist local financial technology companies and services in competing internationally and expanding to become a significant contributor to the UK economy.

FinTech Wales was founded in April 2019 with initial guidance from Richard Theo, FinTech Envoy for Wales at HM Treasury. Richard is a highly accomplished entrepreneur who has established not one, but two successful financial technology companies in his native Wales.

FinTech Wales’ mission is to serve as a unified, authoritative voice for the FinTech industry in Wales and beyond, enhancing the reputation of all companies operating in the field and maximising their potential.

Its purpose is to foster the growth of existing Welsh businesses while also fostering the launch and expansion of new FinTech enterprises. As a final objective, they seek to establish Wales as a global leader in the FinTech industry.

The FinTech Wales advisory panel is comprised of entrepreneurs, SMB and enterprise representatives, tech vendors, tertiary and secondary education institutions, and government officials.

Conclusion 

$13.4m raised by alumni from investors till date. One of the primary objectives of this venture is to assist FinTech businesses in launching, growing, and thriving in a supportive and collaborative environment. Working with education providers to develop the skills necessary for the sector, and promoting the advantages of working in Wales in order to increase employment and retain talent. They will assist the participating startups by promoting diversity in this industry and recruiting individuals who can take advantage of the flexibility a FinTech career offers.