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Global FinTech Hackcelerator 2019

Global FinTech Hackcelerator 2019

Global FinTech Hackcelerator 2019

The Global FinTech Hackcelerator 2019 is here once again. Powered by KPMG Digital Village, this exciting annual program calls on innovative start-ups from around the world to step forward to address the most complex challenges faced by the financial industry today.

Many issues to untangle. Many new solutions needed. 

The industry has spoken. This year, we have identified 70 problem statements across three focus areas: Financial Inclusion, Banking and Finance, and Insurance. 

70 problem statements

View the Problem Statements now

 

What’s in it for me when I apply?

The Global FinTech Hackcelerator is one of the most exciting programs in the region. The 20 shortlisted start-ups will have the opportunity to:

  • Receive funding of up to S$200,000 to develop a contextualized proof of concept.
  • Receive a cash stipend of up to S$50,000 for the top three finalists.
  • Work with real client owners to contextualize their solutions to client and industry needs. 
  • 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’s in it for me

A track record of success

The 20 finalists from the 2017 Global FinTech Hackcelerator are already seeing tangible outcomes from their participation – some have gone on to work with corporates to pilot their solution, and another has successfully exited via an acquisition.

The 2018 Global FinTech Hackcelerator program received an overwhelming 580 submissions, with representation from over 40 countries. 

This year’s Hackcelerator promises to be just as or even more exciting, with new focus areas and updated problem statements. So, do you have what it takes to fix the most complex industry challenges?  

Deadline extended to 3 July 2019. APPLY NOW!

Global FinTech Hackcelerator 2019 – Here’s how it happens: 

Step 1: Application 
Submit your application before 26 June 2019. Shortlisted applicants may be contacted for further information, demos and pre-selection pitching sessions. Up to 20 teams will then be selected as finalists by a panel of private and public sector industry leaders. 

 

Step 2: The 12-Week Program
The 20 shortlisted teams will undergo a 12-week program led by KPMG Digital Village to contextualize and enhance their prototype/solution. Mentoring and guidance from industry champions and real financial services business sponsors will be included as part of these 12 weeks.

 

Step 3: Demo Day
At the end of the 12 weeks, start-ups will have the chance to demonstrate their solution at the Singapore FinTech Festival on 11 November 2019. 

The top 3 start-ups will receive an additional cash prize of S$50,000 each. All 20 finalists will also receive a S$200K POC (proof of concept) grant, to be used either to develop a contextualized POC or enhance their solution with a corporate. 

 

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.

Global FinTech Hackcelerator 2019 Timeline

Global FinTech Hackcelerator 2019 Timeline

Application deadline has been extended till 3 July 2019 (2359 SGT) 

APPLY NOW!

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