Plug and Play's Fintech Europe Program Announces Startups Selected for the Fintech Cohort 2021

FRANKFURT, GERMANY, Feb. 01, 2021 - Fintech Europe, Plug and Play's fintech-focused innovation platform based out of Frankfurt, Germany, announced today to include three startups into their Fintech Cohort 2021.

After conducting a profound screening of applications and joint reviewing with the partners, 18 startups pitched their solutions during Selection Day. Among those, three startups were carefully selected by the Plug and Play team based on their engagement with their corporate partners: Aareal Bank, Abanca, Alfa Bank, BNP Paribas, Deutsche Bank, DZ Bank, Nets Group, Nexi, Raiffeisen Bank International, UBI Banca, and UniCredit.

The program has recently been updated to a new format involving three technology-focused Trend Forums Days where the partners will get to know the most future-looking fintechs to collaborate and integrate them into their business units. Throughout the duration of the cohort program, the startups will be mentored, receive exclusive access to workshops and will have the chance to execute pilot projects and investment opportunities with the Plug and Play partners. There is no cost for the startups to be in the program and they will remain part of the ecosystem even after graduation during their Fintech EXPO in 2022.

The three companies accepted into the Fintech Cohort 2021 are as follows:

etvas

etvas is the digital marketplace for value-add services that enhance products to increase customer loyalty and revenue. As the first platform, they connect all providers of extra-service with banks, insurers and e-commerce merchants under one digital roof and with just one click.

Modularbank

Modularbank offers sophisticated and flexible modular-based banking not just to existing banks and challenger banks, but to any business wishing to quickly roll out tailored financial services to their customers. In today’s competitive market, speed to market is crucial. Modularbank is passionate about delivering an efficient and flexible premium product in a matter of weeks.

TrustElevate

TrustElevate is a B2B2C identity RegTech service that enables the complaint handling of under 16s’ data. TrustElevate verifies under-16s' ages and, for under-13s, it verifies parental responsibility so a parent can give consent to their children’s access to, purchasing on and data processing by platforms and online services.

To find out more about Plug and Play Fintech Europe and how you can join the program head to their website at https://www.plugandplaytechcenter.com/frankfurt/.

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 30 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 30,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplaytechcenter.com/

Plug and Play Contact:

Hannah Remde

Corporate Innovation Manager

Phone: +49 (0) 15161936471

E-mail: h.remde@pnptc.com