ACCESS Newswire
11 Sep 2019, 11:07 GMT+10
LONDON, UK / ACCESSWIRE / September 11,2019 / Global Accelerated Ventures (GAV) today announces the launch of ELITE GAV FinTech Lounge in a collaboration with ELITE, London Stock Exchange Group's (LSEG) international business support and capital raising initiative. Global Accelerated Ventures, with offices in London & New York, is a leading innovation aggregator with large multinationals.
The initiative will support high growth mid-market FinTech companies in London and New York through ELITE, providing access to the capital, skills and networks to support their long-term growth.
ELITE FinTech Lounge was launched today by Luca Peyrano, CEO, ELITE, and Thomas Trepanier, FinTech Managing Director of Global Accelerated Ventures, together with the support of sustaining partners in both geographies.
Designed to help businesses prepare and structure for their next stage of growth, ELITE provides training and mentoring to support management best practice and entrepreneurship; promotes relationships and opportunities with potential investors; and facilitates access to a full range of funding options. Today, more than 1,200 companies make up the growing international ELITE community. Companies come from across 45 countries, 35 sectors and are generating €100 billion in combined revenues. Together they account for over 500,000 jobs across Europe and beyond.
London & New York are the first markets to launch ELITE GAV FinTech Lounge, reflecting their importance to FinTech innovation globally. The programme will start to accept applications for their NYC Q1 inaugural immediately. www.gavfintech.com.
Together, ELITE and Global Accelerated Ventures will work with selected companies in New York & London on an 18 month programme, to provide their management teams with access to an extensive global network of support to help them scale-up. ELITE works in close coordination with regional business, academic and financial communities across the markets in which it operates to enhance its local programmes.
Luca Peyrano, CEO, ELITE:
"We are delighted to be launching the ELITE GAV FinTech Lounge, our first Lounge offerings in London and New York, to support the growth of innovative fintech businesses. This collaboration with Global Accelerated Ventures leverages their strong network and expertise, building on the substantial success of ELITE Lounges in Europe."
Thomas Trepanier, FinTech Managing Director Global Accelerated Ventures:
"Our collaboration with ELITE cultivates a trusted space between FinTech SME's and the institutional investment community. We look forward to extending the program into Silicon Valley and Austin, Texas in Q3 and Q4 of 2020. ELITE & GAV will create a robust community of entrepreneurs as well as public and private stakeholders. Our goal is to scale aggressive FinTech companies and to foster greater collaboration across borders."
Thomas Buchar & Christopher Malter, Co-Chairs, Global Accelerated Ventures:
"London Stock Exchange Group's 300 year tradition of supporting businesses through access to finance and its ability to assist entrepreneurs in reaching their full potential is truly remarkable. We are honored to be able to collaborate with ELITE and have growth oriented FinTech organizations benefit from their experience; the collaboration and creation of the ELITE GAV FinTech Lounge is a testament to the strength of the FinTech ecosystems in these two world class cities."
About Global Accelerated Ventures:
Global Accelerated Ventures (GAV) is a globally recognized innovation aggregator who partners with industry leading multinationals to identify emerging technologies, harvesting talent globally, embracing all stakeholders in the value chain, and executes strategic matching which is beyond reproach. GAV drives communities to develop sustainable models for innovation.
###
SOURCE: Global Accelerated Ventures
Get a daily dose of Los Angeles Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Los Angeles Herald.
More InformationMADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
SAN FRANCISCO, California: Grammarly is doubling down on AI-powered productivity tools with the acquisition of Superhuman, a sleek...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...