Business Technology

Tuesday 21 November 2017

Fintech programme for financial services professionals announced

Dave Tighe and Gary Leyden
Dave Tighe and Gary Leyden
Ellie Donnelly

Ellie Donnelly

NDRC, which invests in early-stage digital start-ups, is launching an early-stage part-time fintech programme for professionals in the financial services sector.

The initiative, run in partnership with Bank of Ireland, will be run at NDRC and is designed for individuals at the business ideas stage and who are not yet ready to take the full step towards formally starting a business.

With the support of advisors from Bank of Ireland and NDRC, as well as a panel of volunteers with specialist skills, programme participants will have the opportunity to test their idea and assess its potential.

Despite having such a strong international financial services sector, NDRC said that we are not seeing enough fintech start-up disruption emerging.

"Ireland needs to do more in this space and this programme is a way to bring our tech industry and financial services industries closer together," Gary Leyden, Commercial Director at NDRC, said.

Participants whose ideas have the most potential will be considered for investment and acceleration support by NDRC after the programme is completed.

David Tighe, head of innovation at Bank of Ireland, said that the bank was "delighted" to have the opportunity to continue its partnership with NDRC.

"Supporting early stage fintech in Ireland is pivotal to supporting business growth and we look forward to working with this new cohort of fintech innovators," Mr Tighe said.

The fintech programme will take place over three weeks on Friday afternoons and Saturdays, starting in early November and applications can be made through NDRC.

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