Wednesday, April 24, 2019

EvoNexus Launches Fintech Startup Effort

San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. Acording to EvoNexus, it is seeking early stage companies with emerging financial technology to the new fintech incubator program. EvoNexus says it is particularly interested in companies working in the areas of artificial intelligence/machine learning, bank/wealth/payment technology, capital markets technology, cybersecurity, blockchain, mobile payments, P2P lending, digital cash, InsurTech, RegTech, data science, predictive behavior analytics and telecommunication enablers such as 5G, IoT and edge computing that will have an impact on digitization of financial transactions and banking. The companies who join the startup incubator gain "collaboration opportunities" with RBC and Franklin Templeton, which EvoNexus says early business unit exposure, technology steering, and potential beta customer trials and early stage funding.

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