Global FinTech Hackcelerator 2018 | KPMG | SG
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Global FinTech Hackcelerator

Global FinTech Hackcelerator 2018

Global FinTech Hackcelerator 2018

The Global FinTech Hackcelerator 2018, powered by KPMG Digital Village, is looking for the most exciting and innovative start-ups from all over the world who can address problems faced by the financial industry.

 

What does the industry need?

The industry has spoken – 80 problem statements have been identified across three focus areas:

  1. Financial Inclusion: Solutions which empower consumers and businesses to gain access to financial services.

  2. InsurTech: Solutions to help the financial institutions transform and shape the future state of insurance.

  3. RegTech and SupTech: Solutions to ensure compliance of regulatory requirements, especially when financial institutions engage in corporate activities.

There is also a general category is for problem statements which do not fall into the 3 areas listed but do enable financial institutions to enhance customer experience or increase their efficiency.

View the problem statements

 

How does it work?

Step 1 (Application):
Submit your application before 30 June 2018. Shortlisted applicants may be contacted for further information, demos and pre-selection pitching sessions, after which up to 20 teams will be selected by a panel of private and public sector industry leaders. Apply here.

 

Step 2 (12 Week Program):
The 20 successful start-ups will undergo a 12-week program led by KPMG Digital Village, to contextualize and enhance their prototype/solution, with mentoring and guidance from industry champions and real FS business sponsors.

 

Step 3 (Demo Day):
At the end of the 12 weeks, start-ups will demo their solution on the main stage of the FinTech Conference at the Singapore FinTech Festival on 12 November 2018. The top 3 start-ups will receive an additional cash prize of S$50,000 each.


Step 4 (Post-Hackcelerator):
Teams will work with industry champions to plan for actual adoption and integration of their solutions into a real client context.

 

What do I get?

The top 20 start-ups shortlisted for the Global FinTech Hackcelerator will have the opportunity to:

  • Work with real client owners to contextualize their solution to client and industry needs
  • Receive a cash stipend of up to S$20,000, and additional cash prizes for the top three finalists
  • Receive guidance and support from industry experts, subject-matter experts and regulatory bodies
  • Join Corporate Adoption programs and collaborative ecosystems (e.g. KPMG Digital Village)
What do I get?

Last year, the program received an overwhelming 580 submissions, with representation from over 40 countries. The top 20 finalists from 2017 are already seeing tangible outcomes from their participation, with some proceeding to work with corporates to pilot their solution, and another successfully exiting via an acquisition.

 

Timeline
 

Timeline

Application deadline has been extended till 30 June 2018 (2359 SGT). Apply now.

For more information, visit the official website.

For any enquiries, email sg-fmhackcelerator@kpmg.com.sg