LONDON—Barclays Bank has formed a strategic partnership with corporate venture builder Rainmaking, through which it will launch a new suite of initiatives aimed at global fintechs.
Rise Start-Up Academy is the first of the initiatives to launch through the partnership. A virtual digital skills-building accelerator, it will be targeted at what Barclays called “idea” and early-stage fintech founders, with applications already open to founders addressing “emerging” fintech trends, such as wealth equality, climate, and the future of money, according The Paypers.
Rise Growth Academy will launch later, with the aim to provide “capability development” around key areas, including investment readiness, recruitment, accelerating sales, and leadership development, The Paypers added.
Later in 2022, the partnership will go live with a FinTech Venture Studio, with the focus on co-developing new fintech ventures by working with internal talent, startups, and other companies.
Barclays said that it expects to introduce additional programs for fintechs at all stages over the next few months of 2022.