A New Fintech Accelerator emerges, backed by Ohio industry giants
84.51° and The Kroger Co. are among Ohio leaders backing Fintech71, a newly-formed accelerator, whose name is a nod to the cross-state highway I-71 connecting Ohio’s three major cities: Cincinnati, Columbus and Cleveland. JPMorgan Chase, which is among the state’s largest technology employers, will lend its thought leadership and industry expertise to the program. In addition, Silicon Valley Bank is supporting the effort, signifying national interest in the new endeavor.
The accelerator will focus on growing entrepreneurial activity, attracting more Fintech companies, and expanding the innovation pipeline for current private-sector stakeholders, including Ohio’s strong financial services base and Fortune 500 and Fortune 1000 companies headquartered in the state.