Western Union Accelerator Program to support Startups in developing Innovative Payment Solutions

The Western Union Accelerator Powered by Techstars will support entrepreneurs in developing innovative solutions to some of the industry’s biggest challenges including machine learning, artificial intelligence, crypto and blockchain technologies, analytics and omni-channel platforms, while leveraging the creative and agile thinking of fintech’s brightest minds.
Application Deadline in 8 days
Eligible Countries | Regions | Cities  Worldwide
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Kicking off its second year, the 2020 Western Union Accelerator Powered by Techstars is now actively seeking applications from startup companies from around the globe with big, bold, innovative ideas for payment technology and cross-border money movement solutions.
 
The Western Union Accelerator Powered by Techstars will support entrepreneurs in developing innovative solutions to some of the industry’s biggest challenges including machine learning, artificial intelligence, crypto and blockchain technologies, analytics and omni-channel platforms, while leveraging the creative and agile thinking of fintech’s brightest minds.
 
Each year, Western Union and Techstars evaluate hundreds of companies and invite a select group of ten to join a three-month mentorship-driven accelerator class. The selected companies receive a capital investment, hands-on mentorship, access to Western Union executives and the Techstars worldwide network of founders, investors, mentors, and industry leaders. For 13 weeks the startups work on location in Denver to gain traction, accelerate their businesses, and grow their networks to help them do more faster. They emerge from the program stronger, bolder and better prepared to drive innovation in the global economy.

The 2020 WU Accelerator program is focused on three goals:

  • Leverage 2019 key learnings to accelerate interactions between Western Union and startups
  • Expand the reach of the program deeper into the Western Union organization
  • Embrace an enterprise mindset by looking for unique startups across the money transfer, payments and FI platforms markets

On average, accelerator companies raise > $1M in the first round of investment post-program, and >$3M in subsequent rounds. For more detail about the funds raised by our Techstars alumni companies, check out our Companies page. Participating in an accelerator provides valuable access to funding, industry mentors, potential venture capital investors, and +400 perks worth more than $1M. Plus, you’ll join a powerful lifetime network of +10,000 founders, mentors, and investors - all committed to helping each other by “giving first”.

Application deadline: April 5, 2020
 
Source: Western Union
 

Mobile payment (credits: Pierre Metivier / Flickr Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0))

Illustration Photo: Mobile payment (credits: Pierre Metivier / Flickr Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0))

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If your organization published a call for proposals, call for projects or call for applications for Startups, Entrepreneurs or Researchers, we will be happy to publish your call free of charge on our website. We will also share your call on the social media (Facebook, Twitter, LinkedIn, PInterest, Tumblr, Instagram). Please drop your pdf files and/or your url link on our WhatsApp +85577778919 or email to us at info@adalidda.com

Thank You
Adalidda's Team

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