The FinTech Station, a Finance Montréal initiative, and Highline Beta are teaming up to launch the Station FinTech Montréal Accelerator, a pan-Canadian startup acceleration program based in Montréal.
Designed to meet the specific challenges facing companies in the financial industry, the program is focused on solving the needs of financial institutions through partnerships with startups. By capitalizing on the recognized strengths of the booming Quebec FinTech ecosystem, the Station FinTech Montréal Accelerator will create opportunities for collaboration between FinTech startups and large companies in the financial industry to stimulate FinTech innovation in Quebec and across Canada.
“Through this initiative, Finance Montréal aims to foster synergy between its members and startups and continues to work to promote and accelerate innovative projects,” explains Jacques Deforges, Chief Executive Officer of Finance Montréal. “Finance Montréal is proud to launch this unique initiative to stimulate development alongside Highline Beta.”
“We are very happy to join forces with Finance Montréal and to deploy our corporate accelerator & investment model to boost the ecosystem by promoting the development of FinTech startups as well as relationships and collaborations with companies in connection with their needs,” says Marcus Daniels, Founding Partner and CEO of Highline Beta.
The Station FinTech Montréal Accelerator is the first of its kind to adopt a thematic cohort approach, with an initial focus on payments innovation. The program and benefits provided to startups will be tailored to their specific needs to allow them to meet their business development goals.
The first cohort will kick off in June 2021, and wrap up in October 2021 at Finance Montréal’s Canada FinTech Forum. Applications for the first cohort are open until May 23, 2021.