Aviva and Founders Factory searching for fintech start-ups

Founders Factory is searching for start-ups to participate in its accelerator programme, which was set up in partnership with insurance company Aviva.

The programme, which lasts for six months, was launched earlier this year in May and will be selecting five start-ups each year. There are currently three places left on the programme.

Support

The programme was created to locate the next big innovators in the fintech sector. Businesses selected to take part will be provided with support and mentoring from Founders Factory’s experts, as well as having the opportunity to work closely with Aviva.

Two businesses have already been selected to join the accelerator. These are Luther Systems, which is based in the UK and enables customers to draft custom contracts, and Fitwell, a nutrition and fitness app that is based in Turkey.

According to Founders Factory Co-Founder and Head of Business Development George Northcott, places for the accelerator programme are “incredibly limited” and competition is “tough” as the company’s offer is “unrivalled.”

Impact

Commenting on the programme, Aviva Global Digital Innovation Director Serge Taborin said: “We are very excited to work with these startups through our Founders Factory partnership. Both companies provide valuable skills and insights in areas that will have a significant impact on the insurance ecosystem – healthtech and blockchain.”

In addition to fintech, Founders Factory is also searching for start-ups from the media, beauty and edtech sectors. Applications for fintech start-ups are open until 7th October 2016.