ABOUT THE EVONEXUS FINTECH INCUBATOR
What is EvoNexus’ FinTech Incubator?
EvoNexus, Southern California’s leading startup technology incubator, announced it is opening the region’s first financial technology (FinTech) incubator with strategic founding sponsors, Royal Bank of Canada (RBC) and Franklin Templeton. The new incubator will serve as the premier SoCal center for FinTech innovation with startups, focusing on technology areas that will impact financial services companies of all sizes and the customers they serve.
What technology areas will the EvoNexus FinTech Incubator focus on?
The areas of technology that they will focus on include: artificial intelligence/machine learning, bank/wealth/payment technology, capital markets technology, cybersecurity, blockchain, mobile payments, P2P lending, digital cash, InsurTech, RegTech, data science, predictive behavior analytics and key telecommunication enablers such as 5G, IoT and edge computing.
When will the FinTech Incubator open?
The incubator is set to open its doors next month to a new 6,000 square foot Class A office space in San Diego provided by California’s leading commercial real estate developer the Irvine Company.
How does the FinTech Incubator operate?
EvoNexus will take advantage of the unique systems and results driven incubation model it developed over the last eight years to attract, select and launch high quality startups in its emerging FinTech company portfolio. In addition to creating opportunities for entrepreneurs to develop their companies in the SoCal region, the Incubator portfolio companies are able to take advantage of the region’s nationally ranked business schools and world class technology school talent and resources, bringing high value jobs to the area. The incubator will leverage EvoNexus’ world class domain expertise and operational experience, a network of global technology leaders that serve on its board and committees, and its strategic partners to prepare portfolio companies to go to market.
As founding sponsors, RBC and Franklin Templeton are committed to a long-term partnership with EvoNexus.