NatWest has selected five startups to participate in its inaugural ‘Fintech Growth’ program.
The UK bank launched the program in December to support pre-Series A startups by providing access to the resources, expertise, and networks of an established high-street bank, helping them scale up and drive innovation.
After a thorough process of pitches, presentations, and interviews, the chosen startups are TunicPay, Ask Silver, mmob, Aperidata, and Sprive. This select group will engage in a ten-week series of workshops, offering opportunities to connect, learn, and build networks with fellow fintechs, coaches, and NatWest’s Innovation function.
Lee McNabb, head of payments strategy & partnerships at NatWest, stated, “Payments is a network business, and the days where big banks do everything themselves are over. To meet customer needs and ensure secure payment experiences, we must embrace collaboration and learning from others. This is why I’m a strong advocate for the Fintech Growth program. Teaming up with talented entrepreneurs will yield positive outcomes for the market and our customers.”
About the Five Selected Fintechs
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TunicPay: Developing a trust infrastructure to combat scams, it provides Payment Intelligence to banks through typology-specific data fields and adaptive insights.
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mmob: Offers tools for businesses to import or export API services across any channel using its embedded finance toolkit.
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Aperidata: A challenger Credit Bureau leveraging Open Banking to enhance financial inclusion by transforming credit scoring and lending processes.
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Sprive: Assists homeowners in reducing debt by identifying spare cash to lower their mortgage.
- Ask Silver: Offers a Scam Checker that allows users to send a screenshot of uncertain communications (like emails or texts) and receive a swift analysis.