Zone Startups India’s Xcelerator: X-Border Fintech Solutions program is a thematic fast paced accelerator program to nurture global regtech, suptech and cyber/data security ventures in the BFSI space under the aegis of the esteemed International Financial Services Centres Authority (IFSCA), a unified regulator established by the Government of India. Zone Startups India has obtained the prestigious Limited Use Authorization under IFSCA’s Fintech Incentive Scheme 2022
The program will welcome fintechs and techfins from India and other FATF compliant jurisdictions
The regulatory reporting, compliance, risk management and cyber security are core areas for the BFSI sector. There is an increasing need for digitalization of various processes as well as use of data analytics so as to bring speed, cost efficiencies and accuracy at scale. Tech based solutions in this domain generally have universal applications across jurisdictions and the Xcelerator will aim to nurture the cohort for scaling globally.
Growth/Revenue stage fintechs or techfins or technology startups or software businesses having customer/market validated solutions
Solutions to be in the BFSI RegTech including Cyber/Data Security and Risk Management domains
A private limited company in India and similar entity type in FATF compliant overseas jurisdictions
Commitment to apply for Limited Use Authorisation under Fintech Entity Framework
*Exceptional MVP stage businesses may be considered.
Artificial Intelligence, Machine Learning, Data Science, Big Data Mining, Data Analytics and Governance, Blockchain and Distributed Ledger Technologies, Cloud Computing, Robotics Process Automation, Internet Of Things, Robotics, Augmented/Virtual Reality, Virtualisation and Low/No Code Solutions
Note: While the above technology areas are the focus, solutions built on other technologies would be welcome
The program will be executed in two phases
Application Sourcing and SelectionJuly 27th - Aug 5th 2023
Acceleration Sessions and NetworkingAug 19th - Sept 15th 2023