Revolutionising the financial sector from Amsterdam

Techstars, the global platform for investment and innovation, will enter into a three-year partnership with ABN AMRO to offer a mentorship-driven accelerator programme. Ten startups striving to revolutionise the financial industry will be selected to participate.

The collaboration aims to connect the bank’s experience and resources with Techstars’ impressive global network of founders, mentors, experts and investors. The ABN AMRO & Techstars Accelerator will also build on earlier collaborations between the organisations that were facilitated by Startupbootcamp.

Interested startups can apply from 14 September 2020. Ten companies will be selected early in the new year, with the programme kicking off in March 2021. A demo day is set to take place in June 2021.

Improving business operations and creating a more sustainable world

Financial services and technologies underpin so much of what we do in business, life and socialising today,” observes Keith Camhi, senior vice president of accelerators at Techstars.

“Partnering with an innovative and engaged company like ABN AMRO will allow us to continue to tap the immense sector expertise we have in our global network and help entrepreneurs bring to market solutions that will enhance lives, improve how businesses operate and help secure a more sustainable world for people everywhere.”

Amsterdam houses MVA

Helping Amsterdam startups become leaders

The bank is excited to work with young businesses, and believes they have an important role to play in shaping how it moves forward. “Working with startups is crucial for ABN AMRO’s innovation journey,” says Edwin van Bommel, its chief innovation officer.

Continuing, he says that, “Our aim is to be at the forefront of new technology in relevant ecosystems related to financial services, helping startups to become leaders in their field while building out our own leading position in innovation as well.”

Read more startup news from around Amsterdam.