Fintech consulting firm The Digital Fifth (TDF) announced a flagship accelerator program for early-stage start-ups in the banking, financial services, and insurance sectors.    

The statement issued by the firm added that the first batch of start-ups to be groomed under the accelerator program will be revealed on February 7, 2024, at the Bharat Fintech Summit. TDF is currently accepting applications from start-ups till January 2.    

The selected start-ups will get helpful advice from TDF experts and a chance to pitch their ideas to potential investors at the upcoming summit. This gives them an opportunity to grab the attention of investors and get funding for their projects, it read.    

“With the accelerator program, our aim is to nurture upcoming start-ups with our knowledge of the BFSI sector and help them with their lift-off. The program is designed to ensure boundless networking opportunities in a transparent manner,” said Sameer Singh Jaini, founder and chief executive officer of The Digital Fifth.  

Start-ups selected in the accelerator program will get exclusive access to TDF’s wide network of banks, financial services, and other fintech companies as required for their next step to growth and scale-up. 

Jaini said that a cohort of about 10 start-ups will be selected in the maiden batch based on a thorough review of their business model. The program will have a key focus on enterprise fintechs providing potential solutions tailored to large institutions in the BFSI industry.   

Those selected will benefit from personal mentorship from leading industry practitioners in the form of TDF’s consulting team and have a chance to present/give product demos to investors at the summit. They have the opportunity to raise Seed to Series A funding at the summit.    

TDF’s accelerator program will be a shot in the arm for the country’s burgeoning number of startups in the BFSI segment. Established in 2017, TDF is a consulting firm for banks, non-banking financial companies, wealth management, mutual funds, and insurance sectors.   

The Digital Fifth is India's initial consulting and advisory firm for banks, NBFCs, fintechs, wealth management, mutual funds, and insurance. We aid financial institutions and fintech startups in discovering and executing the best partnerships, customers, and product plans.