Join venture of BNP Paribas – Plug and Play has partnered with largest startup campus Station F in a move to host the second batch of fintech startup accelerator program.
The fintech startups accepted into the accelerator will be joining numerous different startups that are expected to be accommodated on the campus in a long term. The partnership agreement will offer first rete venue for BNP Paribas – Plug and Play, which was launched earlier this year that is focused on disrupting the fintech and insurtech industries.
“It is with great excitement to build our Fintech and Insurtech Innovation Platform with BNP Paribas in Station F,” Saeed Amidi, Founder and CEO of Plug and Play added. “I believe it will become the hotbed of startups and corporate innovation, not only for Paris and France, but for Europe as a whole. It will be a great pleasure to connect Station F to Plug and Play's headquarters in Silicon Valley, where we have been helping and investing in startups for more than 10 years.”
Inaugural class of BNP Paribas – Plug and Play was launched on April 18. Being a truly global fintech and insuretech program, only 3 of the selected 10 startups are local to France. The rest of the companies hail from Europe and the US and have temporarily relocated their operations to Paris. The startups include DreamQuark, Dunforce, Miracl, Savedo, SBDA Group, SizeUp, among others.
The move of fintech accelerator to Station F indicates a strong will to engage and foster French ecosystem as well as nurture both local and global talent in a dynamic environment.
“While we received numerous propositions from various fintech programs that wanted to come to Station F, the program offered by Plug and Play and BNP Paribas is by far one of most ambitious. Offering top level expertise and solid international reach, this program brings true value to our campus and startup community,” Roxanne Varza, Director of Station F stated.
