Florida-based venture capital firm Rokk3r Fuel ExO has formed a partnership with the Holt Fintech Accelerator Program.
The Montreal-based Holt Fintech Accelerator Program is searching globally for 400 FinTech startups for its program, with an application deadline of July 29th. The firm will offer participants with hands-on help through committed partners, trainings, mentors, immersion in the FinTech environment, board meetings and financial investments.
Through the partnership, Rokk3r will gain exclusive access to deal flow, with the accelerator acting as a pipeline for FinTech startups.
Rokk3r is a venture firm investing in FinTech, PropTech, AI, machine learning and IoT. Some of the firm’s portfolio companies include P2P tax and accounting platform Taxfyle, big data and IoT technology developer AdMobilize and social media engagement company Hyp3r.
Holt Fintech Accelerator Program founder Brendan Holt Dunn said, “By merging our experts and our specialties together, more startups will be able to benefit from our services and our council in their development. This will help make our program the ideal infrastructure to integrate fintech and exponential technologies industries.”
Earlier in the month, Switzerland-based accelerator and venture capital firm Blockchain Valley Ventures launched. The platform will look to support blockchain technology startups around the world and will support them through equity investments and ICOs.
The size of deals into Canada’s FinTech sector has been growing steadily since 2014, according to data by FinTech Global. Deals valued under $1m have dropped by 12.5 per cent between 2014 and 2016, while deals valued between $10m and $25m has risen by 13.7 per cent.
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