DirectID has been received into the prestigious Plug and Play accelerator programme, designed to help growth FinTech’s connect with established institutions and enter new markets.
DirectID was selected after a rigorous selection process involving an initial application and then a selection day, which took place on 10th February 2020 in Sunnyvale, California.
Plug and Play describe their accelerator programme as:
A 12-week accelerator program that runs twice a year connecting the best early-to-growth stage startups to the world's largest financial institutions. Our goal is to facilitate the launch of pilots, POCs, and robust business development opportunities.
Plug and Play work beside a number of corporate partners including BNP Paribas, Deloitte, Credit Suisse, Hitachi, Toyota, ING, Franklin Templeton Investments, Moodys and Fujisoft. They run in excess of thirty programmes, including FinTech, Insurtech, IoT, Health and Supply Chain.
Plug and Play state that they have worked with over 2,000 startups, with over $7 billion raised by those companies in funding.
James Varga, CEO of DirectID, said:
We have put an enormous amount of work into our application and presentation for the corporate panel at Plug and Play and are delighted with the feedback we have received. I’m well aware of the standing that Plug and Play has, and the great work that they have undertaken with FinTech’s at various stages of growth.
I look forward to working with the Plug and Play programme to further help us to develop as a company, meet some of the biggest corporates in the US and beyond, and to ultimately secure new business and funding.
More information on Plug and Play can be found on their website: https://www.plugandplaytechcenter.com/