Three-Month Fintech Accelerator on the Hunt for LatAm-Focused Startups in Bogotá, Mexico, Regional Capitals

A fintech startup accelerator in Mexico is looking to attract early-stage companies focused on Latin America to participate in a program that will provide funding to those that make the cut.

While the promised sum, $15,000 USD, for the 10 top-rated startups is small, the Startupbootcamp FinTech program will bring together the chosen companies for three months in a working space in Mexico City. There they will receive mentoring and access to the group’s global network of investors and other successful fintechs.

Startuboocamp has already begun scouting for the best of the best fintech startups in Mexico and Bogotá, with the Colombian capital being the first place it has gone after Mexico City, Guadalajara, and Monterrey.

“As part of the global tour to source the next generation of early stage startups, Startupbootcamp FinTech will visit 10 Spanish-speaking cities and Miami, to meet the best startups of each innovation hub hosting 12 events named ‘FastTracks’ and ‘Office Hours,’” said the organization in a statement.

The other trips will take Startupbootcamp’s search to Miami and Madrid as well as the South American capitals of Buenos Aires, Santiago, Lima, Quito, and Montevideo.

The period to submit an application, which can be done through the Startupbootcamp website, is now open and will run through June 3. The participants will be announced in July before the three-month program, which will start on August 20.

In hosting the event, Startupbootcamp has partnered with companies including Visa, HSBC Mexico, EY Mexico, Finnovista, Gentera, Banregio, IGNIA, and White & Case.

(Image credit: CafeCredit.com via Flickr)