Press Release

Flagstar Bank and Detroit FinTech Bay Launch Flagstar Mortgage Tech Accelerator Program

DETROIT, Mich., June 27, 2019—Flagstar Bank and Detroit Fintech Bay today announced the launch of the Flagstar Mortgage Tech Accelerator Program, which focuses on early stage startups active in developing innovative technology solutions for the mortgage industry. This is the first and only accelerator program in the United States exclusively focused on mortgage technology. The accelerator program is looking for applicants working on breakthroughs in all facets of the mortgage business, including mortgage origination, processing, marketing, servicing, compliance, sales, underwriting, credit, and quality assessment. Individuals involved in mortgage-related startups across the United States are

Bahrain FinTech Bay Launches Insurance Digitalization Report 2019

Manama, 12 June 2019: Bahrain FinTech Bay is excited to announce the launch of the Insurance Digitalization Report 2019. The report provides an overview of the local insurance market in Bahrain and identifies emerging digitialization trends shaping the industry. Alongside an overview of the existing local insurance market, the report provides a summary of survey results focused on organizational stategy and mindset, customer journey, access to information, and overall digitalization efforts at different stages of operations. Recommendations were also built from the analysis of the data to create a crucial framework for varied stakeholders in the ecosystem to digest as a means of promoting th

Kyyba Innovations, FinTech Consortium and Detroit FinTech Bay host Detroit Fintech Challenge

FARMINGTON HILLS, Mich., June 5, 2019 /PRNewswire/ -- The "Detroit Fintech Challenge" (DFC) is returning to Detroit for a second year after a successful inaugural event in 2018. DFC is an opportunity for participants to tap into the fintech ecosystem comprised of professionals, stakeholders, market leaders, and influencers in the finance, banking, and insurance services markets. Early-stage startups and entrepreneurs compete to earn a variety of prizes while they network and work collaboratively to solve corporations', governments', and consumers' most pressing financial technology-related problems and interests, and then present them in a competitive style pitch competition. Kyyba Innovatio

Mastercard partners with Bahrain FinTech Bay to foster fintech innovation in the Kingdom

Manama, Bahrain – 2 June, 2019 – Highlighting its commitment to promoting joint efforts in support ofBahrain’s fintech sector, Mastercard, a leading technology company in the global payments industry, today partnered with Bahrain FinTech Bay to support the development of Bahrain’s fintech industry, and the growth of Bahraini startups and SMEs, aligned to Kingdom’s Vision 2030. Through the partnership, Mastercard and Bahrain FinTech Bay will work together to offer Bahraini startups and SMEs with educative and commercial opportunities that advance their technological capabilities and business prospects. Mastercard has committed to hosting knowledge-sharing workshops for startups, mentoring the

Silicon FinTech Bay Launches a Venture Acceleration Program for Startups; Now open to Applications

REDWOOD CITY, CALIFORNIA, Tuesday 31 May, 2019- Silicon FinTech Bay (“SFB”) today announced the launch of its Venture Acceleration Program (“VAP”) for Fintech startups. Opening on June 3rd, the VAP will accelerate startups through their next phase of growth and support their expansion into new markets through the FinTech Consortium’s network within the United States and internationally. FinTech startups, seeking growth domestically within the United States, or those interested in testing their products and solutions in new markets internationally, are encouraged to apply for the VAP, which provides them with direct access to FinTech Consortium’s global network of partners comprising of fina

Silicon FinTech Bay Inaugural e-Newsletter

Welcome to our inaugural Silicon FinTech Bay e-newsletter. It follows upon the opening of our Bay in downtown Redwood City, CA. SFB is dedicated exclusively to corporate acceleration and startup incubation for FinTech. The co-working Bay overlooks iconic sites like the Fox Theatre, Pedestrian Promenade and San Mateo History Museum. It’s a short walk from/to the Redwood City Caltrain Station. We seek to bring together financial institutions, entrepreneurs, investors, and technology companies into our collaborative ecosystem. The Bay delivers value-building services, such as: Corporate Incubation for companies’ key innovation initiatives FinTech Advisory Services for consultative projects

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