January 18, 2017
Let’s Talk Payments is pleased to announce it is now the Knowledge Partner for YES FINTECH, a FinTech-focused Business Accelerator program powered by T-Hub (India's fastest-growing startup engine) and Anthill. LTP is pleased to bring this to FinTechs who may benefit from the unique bank-led accelerator.
YES FINTECH is a platform for the bank and FinTech startups to co-create innovative solutions and partner in taking the solution to the bank’s retail and corporate customers. This is a unique program – with no upfront equity commitment sought from startups, clear focus on building solutions relevant to use-cases identified by YES BANK and providing FinTech startups access to YES BANK’s 2 million+ customer base.
YES FINTECH’s intensive 15-week dual-destination program (based in Mumbai and Hyderabad) will provide startups mentorship, business model guidance, customized scale-up plan and access to a global network of investors and VCs besides a plethora of benefits from the partner organizations.
Source: YES FINTECH
Technology-focused startups (India or globally based) with an MVP along with a growing customer base currently innovating in payments, lending (Consumer + SME), Trade Finance & Forex solutions, Wealth Management, Governance, Risk and Compliance, Customer Value Added Services and other areas of the financial services industry.
You can apply to the program directly on LTP here.
The 15-week program is structured in four phases. Throughout the program, the startup can continue working on its core business; multiple onsite and offsite interventions – from mentor sessions to speaker series are planned throughout the duration of the program
Dual Mode Multi-Location Program
Online and offline interventions in Hyderabad, Mumbai and your home location.
Market Access to 2 Million + Real Customers
Access to YES BANK’s 2 million + database.
Compliance & Regulatory Guidance
Guidance on filing patents and other finance sector regulations.
3-week onsite & 11-week off-site interactions with YES BANK Leadership & global industry experts.
Access to Partner Ecosystem
T-Hub the platform powering YES FINTECH intersects with the startup community, government, academic and research sectors. Another YES FINTECH partner, Anthill will also offer access to funds and family offices, in addition to their proprietary speed scale module for startups to gauge their level of readiness and accordingly plan their go-to-market (GTM) strategy. LTP, as the knowledge partner, shall provide outreach to its subscriber universe along with insights as part of the startup’s GTM – to create, share, exchange ideas and fine-tune your solution with global FINTECH community. MEDICI, powered by LTP, will offer access to global FIs, angel investors, FinTech VCs and sector-focused advice on your product and business.
At LTP, we take pride in the immense responsibility of being at the center of the FinTech ecosystem and partner with startups, FIs and investors alike. We’ve been privileged to grow along with the FinTech sector and see collaboration come together from various quarters to solve problems for their own consumer bases. FIs and FinTechs have shared numerous relationship forms – from competition and coopetition to true collaboration. Our experience of YES FINTECH's spirit of partnership with startups has been unparalleled.
The YES FINTECH team is conducting roadshows in various startup hubs in India for founders to come and meet the core team personally. This team recently completed their Hyderabad roadshow on January 17, whereas Mumbai, Delhi/NCR and Bangalore are planned on January 24, 30 and 31 respectively. Completion of your startup's profile on MEDICI will allow you to access the details for the roadshow venue and more.