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Innovation & partnerships

NatWest Group Innovation team launches new Fintech Growth Programme

NatWest Group is launching its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably. 

NatWest Group is set to launch its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably.

The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline.

NatWest plans to select five fintechs who provide solutions to specific problems in the payments space, an ever-growing issue in our increasingly digital led world. The participating fintechs should be pre-Series A UK based startups looking to develop their business ideas. Then, through ten weeks of workshops, mentoring and coaching, NatWest aims to work with these fintechs to co-create solutions to lead the future of banking.

 

David Grunwald, Director of NatWest Innovation: “This programme lays a pathway to create better outcomes for our customers.  Working this closely with fintechs and UK entrepreneurs strengthens our ability to be future focused, while supporting the growth of the innovation economy."

 

Mark Brant, Chief Payments Officer at NatWest: “Innovation and collaboration are fundamental to growth, especially in a challenging commercial environment. This programme champions NatWest’s innovation by working with fintechs to co-create solutions to lead the future of banking.”

 

To deliver the Fintech Growth Programme, NatWest is working with Aspire – a third-party consultancy that specialises in curating curriculums and delivering support that champions startup growth.

The Fintech Growth Programme allows fintechs to work collaboratively with NatWest’s Innovation team and senior decision makers across the bank while benefiting from a curated scale-up curriculum and opportunity to build a meaningful network. The small cohort boasts opportunities to connect, learn and build networks with other fellow fintechs, coaches and NatWest’s dedication Innovation function.

Fintechs interested in applying should visit the NatWest website for more information.

About NatWest Group

NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.

 

Innovation at Natwest Group

The Innovation team at NatWest group have a vision to lead the future of banking by aligning the external technology ecosystem with the bank’s strategy, to inspire new products and services for our customers, colleagues and communities.

 

Notes to editor

Eligibility criteria

Operating Geography: The programme seeks UK-based fintech companies, with a minimum requirement of serving UK customers.

Product Status: The company must have a product that is already in the market, with demonstrated usage by customers.

Customer Base: The product should have an active user base with clear evidence of user engagement or traction.

Revenue Generation: The company should have early-stage revenue, showing initial monetisation of the product.

Enterprise Client Track Record: A track record of working with enterprise clients is considered a key success indicator. However, companies without enterprise clients are still welcome to apply, especially if they demonstrate strong potential in other areas.

Funding Raised: The company should have successfully raised initial funding, such as seed or pre-seed rounds, from credible investors or institutions.

Funding Intentions: Applicants must be preparing to raise Series A funding within the next 12 months, indicating that they are ready for significant expansion and investment.

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