Plug and Play, a global innovation platform, launched its fintech startup accelerator program, which will take place in both Frisco and McKinney, Texas.
In partnership with the Frisco Economic Development Corporation and the McKinney Economic Development Corporation, through this new program, Plug and Play aims to create a collaborative ecosystem for fintech innovation in the North Texas region.
Plug and Play is dedicated to connecting startups, investors, governments, corporations, and universities to drive innovation and foster collaboration. This program will offer startups the opportunity to work closely with mentors, access corporate partners, and participate in industry-specific events and workshops. Additionally, its global network of over 50 locations will provide startups with international exposure and valuable connections.
Last month, Plug and Play announced their presence in these locations, launching a Sportstech program in Frisco and an Enterprise & AI program in McKinney. By introducing the fintech program spanning across both locations, Plug and Play aims to provide a platform for local entrepreneurs to connect with industry experts, receive guidance, and secure investment opportunities. Plug and Play currently has over 10 additional locations that are focused on fintech including Paris, Abu Dhabi, Singapore, Tokyo, and others.
Headquartered in Silicon Valley, Plug and Play is present in 50+ locations across five continents and offers corporate innovation programs and helps its corporate partners in every stage of their innovation journey, from education to execution. It also organizes startup acceleration programs and has built an in-house VC to drive innovation across multiple industries. Plug and Play has invested in companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi.
Commenting on the news, Saeed Amidi, Founder and CEO, said: “By launching our fintech program in both Frisco and McKinney, we are committed to fueling growth and adding value to the local economy of the North Texas region.”