Mumbai: India’s first fintech consulting firm The Digital Fifth (TDF) has announced a flagship accelerator program for early-stage startups in the banking, financial services and insurance (BFSI) sector.
The first batch of startups to be groomed under the accelerator program will be revealed on February 7, 2024, at the Bharat Fintech Summit. TDF is currently accepting applications from startups till January 2.
Selected startups will receive insightful mentorship from experts at TDF and also get a chance to present to potential investors at the upcoming summit. They will be able to garner interest from investors and secure funding for their endeavours.
“With the accelerator program, our aim is to nurture upcoming startups with our knowledge of the BFSI sector and help them with their lift-off. The program is designed to ensure boundless networking opportunities in a transparent manner,” said Sameer Singh Jaini, founder and chief executive officer of The Digital Fifth.
Startups selected in the accelerator program will get exclusive access to TDF’s wide network of banks, financial services and other fintech companies as required for their next step to growth and scale up.
Jaini said that a cohort of about ten startups would be selected in the maiden batch based on a thorough review of their business model. The program will have a key focus on Enterprise Fintechs, providing potential solutions tailored to large institutions in the BFSI industry.
Those selected will benefit from personal mentorship from leading industry practitioners in the form of TDF’s consulting team and have a chance to present/give product demos to investors at the summit. They have the opportunity to raise Seed to Series A funding at the summit.
TDF’s accelerator program will be a shot in the arm for the country’s burgeoning number of startups in the BFSI segment. Established in 2017, TDF is a consulting firm for banks, non-banking financial companies, wealth management, mutual funds and insurance sectors.
About The Digital Fifth:
The Digital Fifth stands as India’s first and Asia’s Largest Fintech consulting firm, prioritizing a Digital First approach. With an expansive expertise spanning South Asia, the Middle East, and Africa, they specialize in BFSI Advisory, Product and Program Management, and Corporate Training. Their core focus lies in driving Digital Transformation, fostering Strategic Partnerships, and implementing cutting-edge solutions across the BFSI segment. The Digital Fifth offers a plethora of services ranging across:
- Advisory services – IT / Digital / Business Strategy, Digital Transformation, Industry Benchmarking, IT Security, Strategic Partnerships between start-ups and banks.
- Complete Product & Program Management along with Implementation.
- Fintech Training across verticals like Digital Banking, Open banking, Product Management, Analytics, AI, Machine Learning, and Blockchain.
