Startupbootcamp, the primarily European network of business accelerators, is opening their second U.S. accelerator.
The New York-based program is the accelerator network’s third program to focus on financial technology, following similar programs that were established in London and Singapore.
The launch of New York’s financial technology accelerator follows the opening of a healthcare technology focused accelerator in Miami by the same organization earlier in the year.
New York’s program will be headed by Jesse Podell, the newly named managing director of Startupbootcamp FinTech New York (that’s a mouthful), and will include partners like Rabobank, MasterCard, Thomson Reuters and Santander.
The co-founder of TechDay and former co-organizer of NY FinTech Startups, Podell previously worked as a trader at Jefferies, KCG and Susquehanna.
As part of the launch, the accelerator program is now taking applications and will look to work with up to 10 companies over a three-month program.
Selected companies will receive a $20,000 grant to live in New York and office space for the duration of the program. The process is open until February 2016.