YES Bank is launching the second cohort of its YES Fintech innovation program. It has invited fintech startups from across the country to participate in the program. The bank said it will assist fintech startups with product-market-fit guidance, wide access to global audience and accelerated joint go to-market within 15 weeks. YES Fintech works with several international partners, including Israeli crowd funding platform OurCrowd, US-based fintech accelerator QC Fintech, Malaysian global innovation and creativity center MaGIC, Singapore’s largest fintech hub Lattice 80, Innovation Center of Denmark, Abu Dhabi Global Markets and fintech accelerators in Finland and the Netherlands. The participants have $1 million worth of funding options from VC partners. The participants will get access to 100+ APIs of the bank, mentorship from international experts and international exchange immersion programs. The first cohort of 12 finalists, which gathered earlier this year, was whittled down from 750+ applicants from 18 countries. The bank said 9 of the finalists are now integrating their solutions with YES Bank and doing a joint ‘go-to-market’.
