Accelerators and incubators provide crucial support for startups in the banking sector. Techstars is one of the most prolific, with a portfolio of over 6,300 investments.

The field includes a range of other accelerators as well. The DCU FinTech Innovation Center has made 90 investments, and Nordea has seen over 30 exits from its portfolio.

Below is our list of the best 27 Banking accelerators and incubators.

Failory's Top 10 Picks

Techstars Logo

Operating a worldwide network of accelerator programs, Techstars provides early-stage startups with crucial pre-seed investment and hands-on mentorship. Their primary value lies in connecting founders to a vast community of mentors and investors, helping launch notable companies such as DigitalOcean and SendGrid.

HeadquartersBoulder, Colorado, United States
Year Founded2006
FoundersJakub Kulisa, Nikita Gupta, Jared Polis, Brad Feld, Asetila Koestinger Von Sonnenland, David Brown, Mike Romano, David Cohen
Investment Amount$220,000 ($200K uncapped MFN SAFE + $20K for 5% equity)
Equity Taken5% + SAFE conversion
Nº of Investments6394
Nº of Exits570
Program TypeOn-Site
Duration (Weeks)13
Nordea Logo

2. Nordea

Backed by the largest financial services group in the Nordic region, Nordea provides fintech startups with direct access to banking expertise and market opportunities. Their programs focus on fostering collaboration with innovators to build and scale the future of financial technology.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded1820
FoundersFrank Isaksen
Nº of Investments57
Nº of Exits31
Program TypeOn-Site
Duration (Weeks)12

As a nonprofit, zero-equity accelerator, the DCU FinTech Innovation Center helps financial technology startups grow through its year-long program. Participants receive dedicated mentorship, resources, and free office space to build and scale their companies without giving up a stake.

HeadquartersBoston, Massachusetts, United States
Year Founded2014
FoundersVasilios Roussos
Investment Amount$0 investment - sponsor model; 1 year free office space
Equity Taken0%
Nº of Investments90
Nº of Exits11
Duration (Weeks)52

The Baobab Network backs early-stage tech ventures across Africa, providing seed funding and hands-on support to help them scale. They focus on connecting founders with a global network of experts and investors to build impactful solutions for the continent.

HeadquartersNairobi, Nairobi Area, Kenya
Year Founded2015
FoundersTom Fairburn, Toby Hanington
Nº of Investments78
Nº of Exits4
Program TypeOnline
Duration (Weeks)12
DFS Lab Logo

5. DFS Lab

DFS Lab invests in and accelerates early-stage startups building the future of digital commerce across Africa. Through mentorship and strategic advice, they empower founders to create impactful fintech, ecommerce, and logistics solutions for their communities.

HeadquartersSeattle, Washington, United States
Year Founded2016
FoundersJake Kendall
Nº of Investments44
Nº of Exits3
Duration (Weeks)24

As a leading accelerator for financial innovation, Startupbootcamp FinTech Singapore helps launch early-stage companies through targeted funding and mentorship. Their program is designed for startups working in banking, FinTech, and social entrepreneurship.

HeadquartersSingapore, Central Region, Singapore
Year Founded2010
FoundersNektarios Liolios, Markus Gnirck
Nº of Investments25
Nº of Exits3
Nestholma Logo

Nestholma powers collaboration between startups and large corporations to build new corporate ventures. They focus on industries like FinTech and AI, providing a unique bridge between corporate scale and startup innovation.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2013
FoundersAntti Kosunen, Topi Jarvinen
Nº of Investments26
Nº of Exits3
SeedSumo Logo

SeedSumo champions young entrepreneurs through a mentorship-driven accelerator program. They focus on helping early-stage startups build a solid foundation and transform their initial concepts into successful businesses.

HeadquartersBryan, Texas, United States
Year Founded2013
FoundersDoss Cunningham, Bryan Bulte, Manish Patel, DJ Monteilh
Nº of Investments19
Nº of Exits2
Curql Logo

9. Curql

Curql operates as a venture capital fund dedicated to bringing innovative financial technology to the credit union industry. They provide fintech startups with strategic investment and direct access to a vast network of credit union partners.

HeadquartersDes Moines, Iowa, United States
Year Founded2020
Founders—
Nº of Investments46
Nº of Exits1
Program TypeOn-Site
Duration (Weeks)12

Focused on IT and digital innovation, the Italian venture builder Supernova Hub creates new companies from scratch. They build these ventures internally to address challenges and opportunities in sectors like banking, e-commerce, and logistics.

HeadquartersMilan, Lombardia, Italy
Year Founded2014
FoundersFederico Pozzi Chiesa
Nº of Investments2
Nº of Exits1

17 Additional Banking Accelerators and Incubators Worth Applying To

The opportunities for banking startups don't stop with our top picks. The following programs have funded more than 200 companies, with locations in North America, Europe, and Asia.

Here’s a look at the other accelerators and incubators helping founders build banking startups.

Accelerator/IncubatorCountryYear FoundedNº InvestmentsNº Exits
Forbes & Manhattan logo Forbes & ManhattanCanada—11
INV Fintech logo INV FintechUnited States201441
SAP.iO Foundry Berlin logo SAP.iO Foundry BerlinGermany201621
UniCredit Start Lab FinTech Accelerator logo UniCredit Start Lab FinTech AcceleratorItaly201421
NEXCAP Partners logo NEXCAP PartnersCanada201911
Shotput Ventures logo Shotput VenturesUnited States200961
Barclays Eagle Labs logo Barclays Eagle LabsUnited Kingdom20154—
Greyhorse Venture Fund logo Greyhorse Venture FundUnited States20222—
BBVA Spark logo BBVA SparkSpain—27—
Society for Innovation and Entrepreneurship logo Society for Innovation and EntrepreneurshipIndia200489—
FoundersBoost Pre-Accelerator logo FoundersBoost Pre-AcceleratorUnited States20171—
Brandcrowder logo BrandcrowderUnited States2015——
Startupbootcamp FinTech Dubai logo Startupbootcamp FinTech DubaiUnited Kingdom201814—
International Accelerator logo International AcceleratorUnited States20134—
Regent Partners logo Regent PartnersSouth Korea20184—
Bank of America Breakthrough Lab logo Bank of America Breakthrough LabUnited States198618—
BANA Angels logo BANA AngelsUnited States201723—