Scotiabank taps Mexican talent for fintech accelerator
The Bank of Nova Scotia, operating as Scotiabank, has partnered with the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), for their Factory A corporate accelerator in Mexico City.
Making fintech records in Factory A
Ignacio (Nacho) Deschamps, group head, international banking and digital transformation at Scotiabank, says: “Partnering with academic institutions gives Scotiabank access to innovative research conducted by some of the brightest minds in the country.”
Isaac Lucatero, regional director of the Entrepreneurship Institute Eugenio Garza Lagüera, Tecnológico de Monterrey, adds: “Developing models and networks of entrepreneurship is the key to meeting our goal of educating leaders, fostering an entrepreneurial spirit and establishing internationally competitiveness. We are confident that this alliance with Scotiabank will promote the fintech industry within the country.”
Factory A will select ten fintech ventures made up of young entrepreneurs from Latin America to join the programme’s “entrepreneur coworking ecosystem”.
They will participate in prototype labs and receive legal counsel, public relations support and mentorship from people across the bank and Tec de Monterrey’s networks.
The programme will tackle tech challenges such as data analytics, alternative scoring, electronic payments, internet of things (IoT), know your customer (KYC) and cybersecurity.
You can apply at the Factory A website here.
