Shout out to fintech startups! PayPal incubator challenge is here

Digital payments leader PayPal’s fifth edition of the Incubator Challenge is back and the company is inviting application for early-stage financial technology companies, including startups across the country specializing in loyalty, machine learning, big data and logistics, among others to compete for a spot in the PayPal Incubator.

The challenge was launched in 2013 in partnership with The Indus Entrepreneurs (TiE).

“Enabling and co-creating with our ecosystem has been core to PayPal’s presence in India. The PayPal Incubator, with its state-of-the-art facilities backed by our 17 years of global experience and expertise in the sector, will help budding start-ups compete in a very competitive business environment,” said Guru Bhat – GM Technology & Head of Engineering– PayPal.

Interested startups can apply for the PayPal Incubator at https://www.paypal-incubator.com/india/apply/. Applications will close on January 31, 2017. Successful applicants will be contacted to undergo two rounds of pitching before the final companies are selected by a jury panel. The panel will include senior leaders from PayPal as well as prominent venture capitalists and entrepreneurs in India.

To date, the PayPal incubator has hosted ten startups and provides access to global mentors, angel investors and venture capitalists.

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