NatWest Group is set to launch its first FinTech Growth Programme, an exciting opportunity for FinTech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably.
The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline.
NatWest plans to select five FinTechs who provide solutions to specific problems in the payments space, an ever-growing issue in our increasingly digital led world. The participating FinTechs should be pre-Series A UK-based startups looking to develop their business ideas. Then, through ten weeks of workshops, mentoring and coaching, NatWest aims to work with these FinTechs to co-create solutions to lead the future of banking.
David Grunwald, Director of NatWest Innovation, said: “This programme lays a pathway to create better outcomes for our customers. Working this closely with FinTechs and UK entrepreneurs strengthens our ability to be future focused, while supporting the growth of the innovation economy.”
Mark Brant, Chief Payments Officer at NatWest, added: “Innovation and collaboration are fundamental to growth, especially in a challenging commercial environment. This programme champions NatWest’s innovation by working with FinTechs to co-create solutions to lead the future of banking.”