Home Call for Applications Plaid Fintech Accelerator Program in the US

Plaid Fintech Accelerator Program in the US

by opportunitydiary

Application Deadline:  05/31/2022
About Opportunity

Plaid Accelerate is a fintech accelerator program supporting early-stage fintech founders who are Black, Indigenous, or People of Color.

Eligibility Requirements

  • Plaid Accelerate is intended for BIPOC-founded startups building products or services in the finance and technology space. Applicants must be 18+, applying on behalf of a U.S.-based, BIPOC majority-owned business incorporated in the United States.

They are now taking applications for their third program! Their program runs from July – December 2022 and is best suited for:

  • Startups with seed funding or sufficient capital to operate their startups full-time
  • Full-time founder teams, who have at least 1 full-time employee
  • Startups that have product(s) released to general availability (GA) with meaningful customer traction
  • All applicants must be technology startups headquartered in the US. At least one founder must be available to join all program elements; additional teammates will have the opportunity to participate. In order to ensure that Plaid can provide meaningful advice and mentorship, participating companies should leverage financial data in their products, service or operations.

Benefits

  • Access to Plaid expertise and technology
    • Work alongside Plaid’s team of industry-leading experts who will provide mentorship and training, including a 4-day virtual Bootcamp covering sales, marketing, product, and more. You will have ongoing access to feedback and guidance from the Plaid team via dedicated office hours and an internal demo day. You will also enjoy 5 months of free access to Plaid’s technology.
  • Guidance in your fundraising journey
    • Their fundraising workshop series brings in investors from leading fintech venture capital firms who will offer a peek behind the VC diligence process; discuss term sheets and valuations; help you identify critical business milestones and more. The workshop series culminates with a practice pitch day where you can get direct feedback from the investors in their network.
    • An illustration of the bank with a check and pen
  • Support from their fintech partner network
    • Building a fintech startup is no small feat. Plaid Accelerate has assembled a network of fintech service providers to help you identify the best partners to build and grow your businesses with.
  • Person of color at the center of different resources
    • Programming tailored to your needs
    • In addition to dedicated mentorship from Plaid leaders, you will have access to ongoing support to navigate the policy and regulatory environment and apply technology and engineering best practices, all with the support of Access to Plaid expertise and technology work alongside Plaid’s team of industry-leading experts who will provide mentorship and training, including a 4-day virtual Bootcamp covering sales, marketing, product and more. You will have ongoing access to feedback and guidance from the Plaid team via dedicated office hours and an internal demo day. You will also enjoy 5 months of free access to Plaid’s technology.
  • Guidance in your fundraising journey their fundraising workshop series brings in investors from leading fintech venture capital firms who will offer a peek behind the VC diligence process; discuss term sheets and valuations; help you identify critical business milestones and more. The workshop series culminates with a practice pitch day where you can get direct feedback from the investors in their network.
  • An illustration of the bank with a check and pen
  • Support from their fintech partner network building a fintech startup is no small feat. Plaid Accelerate has assembled a network of fintech service providers to help you identify the best partners to build and grow your businesses with.
  • Person of color at the center of different resources programming, tailored to your needs
  • In addition to dedicated mentorship from Plaid leaders, you will have access to ongoing support to navigate the policy and regulatory environment and apply technology and engineering best practices, all with the support of their partner network, which includes a leading fintech law firm, and policy, compliance and technology experts. their partner network, which includes a leading fintech law firm, and policy, compliance, and technology experts.

Application Procedure

They believe it is vital that those building the future of financial services reflect the rich diversity of the consumers who can benefit from that innovation. Plaid Accelerate aims to directly support a diverse and inclusive fintech community.

Plaid Accelerate brings you together with other founders at similar stages for a concentrated 5-month long program. They tailor each program to your needs and offer hands-on assistance and a supportive community to accelerate your startup’s momentum.

Official Website: Plaid Fintech Accelerator Program in the US

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