LONDON & MUMBAI, August 14, 2018 — LATTICE80, the world’s largest fintech hub headquartered in London, has partnered with YES SCALE Accelerator, a Mumbai-based multi-sector accelerator.
LATTICE80 is building an ecosystem known as KAYA Network that connects over 11,000 fintech and blockchain startups and over 200,000 professionals including investors, corporates, financial institutions, government organisations and other stakeholders within the fintech and blockchain ecosystems in over 200 cities.
YES SCALE is an initiative by YES BANK which is the fourth largest private sector bank in India. It is a platform accelerator comprising of five distinct accelerators in Smart City, Cleantech, Agritech, Life sciences and Edutech sectors.
Similar to the YES FINTECH programme, YES SCALE is a 15 week programme in which the accelerator will help scale up innovations through technology, mentorship, funding and commercial support for startups in key impact sectors of the economy. The accelerator has partnered with 10+ Indian Smart Cities, Bosch & Dell EMC for implementing these solutions and is supported by ecosystem partners such as LATTICE80 who are leaders in this space.
Applications for the program were launched on 03rd July and will close on 31st August, 2018. Shortlisted applicants will be announced on 20th September, who will then participate in a pitch day on 07th October followed by the cohort launch on 21st October.
Amit Shah, Chief Fintech Officer, YES BANK said:
“YES SCALE is a significant step towards creating ‘collaboration-as-a-service’ economy with Large & Mid Corporate Clients, Ecosystem Partners, and Technology Leaders. YES Bank’s cross industry collaboration through YES SCALE will bring out innovative solutions in high social impact sectors of the economy like Agriculture, Cleantech, Urban Living, Education and Health.
Our ecosystem partnership with LATTICE80 will help us create a borderless ecosystem, to bring in global solutions focusing on these domains for our customers in India. The ecosystem will also provide global market access for Indian tech startups in these domains.”
Joe Seunghyun Cho, Co-founder and Founding CEO of LATTICE80, shares more on the partnership:
“India is one of the most important markets for us and the perfect testbed to develop Smart City solutions. Following LATTICE80’s partnership with YES FINTECH last year, we are extremely pleased to work with YES SCALE as an ecosystem partner. With our base in London, a strong presence in Asia and Europe, we are going to support the accelerator to reach out to startups in KAYA Network.”
London headquartered LATTICE80 is World’s Largest Fintech Hub with a global network of fintech and blockchain startups. It is building an ecosystem for startups, corporates, financial institutions, governments, and the public to collaborate, learn, and co-create. LATTICE80 opened the World’s largest Fintech Hub in Singapore in November 2016.
LATTICE80 KAYA Network currently connects over 11,000 fintech and blockchain startups and over 200,000 professionals including investors, corporates, financial institutions, government organisations and other stakeholders within the fintech and blockchain ecosystems.
About YES BANK
YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
More Info: www.fintechasia.net