Plug And Play is a global innovation platform. Headquartered in Silicon Valley, it has engaged in accelerator programs, corporate innovation services and an in-house VC to boost technological advancement. With over 10,000 startups and 400 official corporate partners, they have created the ultimate startup ecosystem in many industries. If that wasn’t all, they even provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Abu Dhabi Global Market (ADGM) is an award-winning financial centre. In partnership with Plug and Play, it announced a list of 8 startups chosen for their fourth Fintech accelerator programme. Of these 8 startups, Finllect was one of them!
The focus of this program was to demonstrate the capabilities and impact that the carefully selected Fintech startups provide to address the challenges faced by financial institutions amid COVID-19 pandemic.
Finllect, along with 7 other startups, were selected to participate in the six-month long virtual accelerator. This opened up a wonderful opportunity for Finllect to work alongside Plug and Play ADGM’s corporate partners for a possibility to execute pilot or proof-of-concept projects.