Wells Fargo Accelerator Programme for FinTech Startups 

Wells Fargo through its Wells Fargo Accelerator Programme for FinTech Startups 2021 is granting investment opportunities of up to $500,000 to FinTech startups and a promising minority stake in the invested company.

This is in line with Wells Fargo’s commitment to promote and support entrepreneurial spirits and engagements. Individuals from all areas of life and nationality are advised to utilize this opportunity.

About the Award

The Wells Fargo Startup Accelerator program began in 2014 to advance emerging technologies in pursuit of breakthroughs for financial services. 

Startups are eligible to receive up to $1 million in funding, along with guidance from Wells Fargo business and technology leaders to help refine the launch of their ideas.

The Wells Fargo Startup Accelerator is a hands-on program focused on startups that create solutions for financial institutions and enterprise customers. The semiannual boot camp is for innovators who seek to shape the future of financial services.

The virtual, six-month, non-exclusive program has received nearly 2,400 applications from innovative companies in 91 countries since the program’s inception. 

Companies join Wells Fargo’s accelerator to refine their potential breakthrough technologies for financial services and other applications.

Is The Wells Fargo Accelerator Programme for FinTech Startups 2021 Offered annually?

The Wells Fargo Accelerator Programme for FinTech Startups is offered Semi-annually (Twice in a year). This connotes you can get access to the next opportunity if you miss this one.

Type:

In Wells Fargo Startup Accelerator, funds are made available to entrepreneurs which serve as startups to help them scale their business.

Host Nationality

The country in which the startup grant can be gotten is the United States of America.

Eligible Countries:

Entrepreneurs from all countries can participate as the grant isn’t restricted to any country or continent.

Eligibility

All interested candidates are eligible to get this offer when they duly follow the instructions.

Number of Awardees: 

The total number of investments will be 6 Investments in 5 Companies.

Duration of Programme:

The Wells Fargo Accelerator Programme for FinTech Startup spans for 6 months.

Value of Investment: 

Up to $500,000 in investment along with support in the following areas;

Accelerator

We aim to be a valued resource no matter where you are in your business cycle. Whether early in your company’s development or you are fully operational, we support our selected startups in a variety of ways.

Resources

More than money, our experienced team will lend you a hand. We’ll test your concept to help validate its technology and market direction. In addition, we will help make your product enterprise-ready.

Network

Your participation in Wells Fargo Startup Accelerator opens up a world of diverse perspectives from industry experts, mentors, venture capitalists, and senior executives within Wells Fargo.

Application Process:

Interested startups should click the button to begin their application process.

Review and Decision

The review process includes technical and executive reviews. First stage review results are typically emailed 5-10 days after an application period ends.

Programme Start

After a company is selected, one or more advisors will be assigned to collaborate on developing the partnering strategy with Wells Fargo and if applicable, assist in the execution of proof of concept projects.

Leverage Networking Opportunities: 

Let us connect you with industry-leading experts, mentors, executives, and venture capitalists.

Application Deadline

The deadline for the application of this startup grant is 23rd June, annually.

Award Provider

The provider of this award is Wells Fargo.

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