Startupbootcamp has just announced the first cohort of ten startups that will participate in the 2014 program of its London-based fintech accelerator. The startups that have made the cut for the inaugural three-month mentoring program include teams from Europe, Africa and the US (see below for the full list of selected teams).
Together the ten teams have already raised a combined €6 million in investment, according to Startupbootcamp, with 70% of the selected startups already generating revenue.
Startupbootcamp’s fintech accelerator was announced back in February, supported by multiple big brand backing — including financial services groups Lloyds and Rabobank, payment giant MasterCard and SBT Venture Capital.
Given its historical focus on financial services, it’s no surprise that London has become a hub for fintech startups. Which means Startupbootcamp’s incubator is by no means the only fintech startup hot-house in town. For instance there’s also a Techstars-Barclays tie-up, and London’s FinTech Innovation Lab, to name two others.
Startupbootcamp argues that…
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