PwC Startup Collider Fosters European Fintech Ecosystem
PwC begins its first fintech Startup Collider cohort for European companies. In the wake of emerging FinTech startups based out of London, Europe is now marking a solid footmark in the global finance industry. Now, PricewaterhouseCoopers (PwC), a renowned professional services firm, is going to further boost the sector with its Startup Collider accelerator program. PwC’s Startup Collider accelerator program is focused towards startups working on fintech and fintech-related blockchain solutions in Central and Eastern Europe. The three-month long program officially kicked off on Monday for....
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PricewaterhouseCoopers (PwC), one of the Big Four auditors and a multi-bln dollar professional services firm, launched a program called “Startup Collider” in early September of last year. The program, which begins today, will support young entrepreneurs and startups working within the Blockchain and fintech industries. What is Startup Collider by PwC? Startup Collider, presented by PwC CEE, differs from the vast majority of startup accelerators or venture capital initiatives. Startups selected and welcomed by the PwC Startup Collider administrative team will cooperate directly with PwC,....
Bringing the concept of borderless banking to mainstream consumers sounds like a proper use case for blockchain technology. But at the same time, a German FinTech startup is looking to provide exactly that service without using the blockchain. Number26 has quite the ambitious plan, although their service recently expanded to six additional European countries. As one would come to expect from a FinTech startup tackling the banking ecosystem, Number26 is focusing all of their attention on the mobile experience. As a result, customers can open a bank account – linked to a MasterCard – from....
Several companies in the FinTech sector are looking to bring financial services to mobile users, and some of them even take a page out of Bitcoin’s book to achieve that goal. Pocopay is a mobile financial services provider targeting the European market, although the company is not like how your typical bank would be. By using QR codes and debit cards, Pocopay is not that different from the Bitcoin ecosystem on paper. However, the startup still relies on the legacy system, which could be its downfall in the long run. The financial world as we know it today will be undergoing several....
Sweden has emerged as a favorable alternative to fintech companies planning to set up base in EU following Brexit. With Brexit around the corner, Sweden could present itself as one of the alternative destinations for the European financial industry. The upcoming Brexit has turned into a speculator’s game. Britain’s exit from the European Union is expected to have a divisive effect on the country’s thriving finance and financial technology sector. All the efforts put in by the City of London to foster a healthy fintech ecosystem may go to waste as companies risk losing free access to the EU....
Scotland may soon emerge as the next fintech hub in Europe as the government diverts its focus towards promoting country's financial ecosystem. Fintech, fueled by cryptocurrencies and blockchain technology is one of the promising segments at the moment. The scenario in the European financial technology sector has become competitive in the recent days as the EU countries are trying to fill the soon to be created void following London’s departure from EU. The country of Scotland is currently in a unique position as it decides whether to stick with the United Kingdom or severe ties to remain....