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CAFE Opens Applications for Fall 2024 Fintech Accelerator Program Presented by Best Egg

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NEWARK, Del., Aug. 5, 2024 /PRNewswire/ — CAFE (Center for Accelerating Financial Equity), a non-profit dedicated to advancing financial health and wellness for low-to-moderate-income (LMI) individuals through fintech innovation, today announced the opening of applications for its second cohort of the CAFE Fintech Accelerator Program. This program aims to support and scale revolutionary fintech businesses that prioritize financial inclusivity and innovation. The Fall 2024 program is sponsored by Best Egg, a leading fintech that drives financial confidence, located in Wilmington, DE.

Applications for the Fall 2024 program are open from August 5 – September 2 at https://ftcafe.org/accelerator/. This is a unique opportunity for mission-driven technology startups to receive support with coaching, customers, investors, and community as they accelerate their business and impact. The eight-week hybrid-virtual program will run from September 30 – November 22. It is designed to nurture startups and emerging companies that are creating disruptive technologies with a strong commitment to leveling the financial playing field. Selected applicants will be notified in mid-September and will receive comprehensive support, including mentorship from Best Egg executives, access to state-of-the-art facilities, and opportunities to connect with financial institutions, investors, and other key industry players, throughout the course of the program.

“We are thrilled to launch the second cohort of our accelerator program and invite fintech founders from Delaware and across the country to join us in our mission to transform the financial landscape to be more inclusive,” said Kristen Castell, Managing Director at CAFE. “Through this program, we support the growth of startups that are dedicated to advancing financial wellness for LMI and underserved communities through their innovative technology products. We’re thankful for Best Egg’s support and look forward to offering program participants the opportunity to engage directly with executives at this local, award-winning fintech that is dedicated to helping people with limited savings.”

“As Best Egg marks its 10th year of innovation, we’re proud to sponsor the CAFE Fintech Accelerator Program and support the next generation of fintech pioneers,” said Sabrina DeVito, Chief Strategy Officer at Best Egg. “Having started as a fintech startup ourselves, we understand the challenges and opportunities in reaching millions of underserved customers. Our decade of growth has been driven by a commitment to providing accessible financial solutions, particularly for those with limited savings. We look forward to sharing our insights and expertise to empower new entrants dedicated to transforming the financial landscape for those often overlooked by traditional banking.”

CAFE’s inaugural Fintech Accelerator Program commenced earlier this year. For more information about the program, please visit https://ftcafe.org/accelerator/.

About CAFE
CAFE (Center for Accelerating Financial Equity) is a non-profit dedicated to advancing the financial health and wellness for low- to moderate-income (LMI) populations through innovative fintech solutions and strategic partnerships. CAFE is based in the state-of-the-art Fintech Innovation Hub at the Delaware Technology Park on the University of Delaware’s STAR Campus. For more information, visit www.ftcafe.org.

About Best Egg
Best Egg is a leading fintech that drives financial confidence, providing flexible solutions to help people with limited savings adapt to their changing needs. Best Egg supports customers through a growing suite of personal loans, flexible rent, and financial health tools. Leveraging real-time customer insights and data engineering, Best Egg gives more people access to the resources they need to be money confident. For more information, visit www.bestegg.com.

MEDIA CONTACTS:
Lisa Albiston, Head of Corporate Affairs
Best Egg
lisa.albiston@bestegg.com  
press@bestegg.com 

Elspeth Huyett, Senior Account Executive
Vault Communications
ehuyett@vaultcommunications.com

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SOURCE Best Egg

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Strictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey

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LONDON, Dec. 27, 2024 /PRNewswire/ — Strictly Money Ltd, the London-based fintech, has launched a crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, Europe’s largest private market investment platform, has powered success stories like Revolut, Qonto, and Monzo. Regulated by the UK’s Financial Conduct Authority (FCA), Crowdcube provides a trusted and innovative platform for investors to participate in transformative ventures.

Strictly Money’s primary objective with this campaign is to accelerate its growth, fuel product development, and expand its shareholder base. The funding will enable Strictly Money to launch its payment card and banking app in early 2025 and to strengthen its market presence in Scandinavia, the UK, and Ireland. The company plans to introduce hedge fund returns products, broadening investment options for consumers by the end of 2025.

Discover how you can be part of Strictly Money’s growth journey by visiting our Crowdcube campaign at https://crowdcube.getstrictlymoney.com.

Will Povey, CEO and Co-Founder of Strictly Money, said: “At Strictly Money, our vision is to empower everyday investors with access to wealth-building tools and opportunities that were previously reserved for high-net-worth individuals. With this crowdfunding campaign, we aim to bring together a diverse community of investors who share our passion for financial innovation and inclusivity. This funding will not only help us launch our innovative debit card and app but also drive the development of new products that deliver real value to our users.”

About Strictly Money:

Strictly Money is a UK-based financial technology company set to launch a debit card and a cutting-edge banking app in early 2025. The company aims to democratize access to high-performing hedge fund returns, providing innovative investment strategies and financial solutions tailored to investors, savers, and entrepreneurs. Strictly Money’s mission is to open up premium investment opportunities traditionally limited to high-net-worth individuals (HNWIs). For more information, visit https://strictly-money.com.

For media inquiries contact:
Mary Prendergast
Email: ir@getstrictlymoney.com 

Important Notice: 

Investing in startups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Please read the full Risk Warning on Crowdcube’s website before deciding to invest.

Logo – https://mma.prnewswire.com/media/2588210/Strictly_Money_Logo.jpg

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HackIndia 2025 Expands to Reach 25,000 Students Across 150 Universities, Breaking Barriers to Web3 and AI Opportunities

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NEW DELHI, Dec. 26, 2024 /PRNewswire/ — HackIndia, the nation’s largest Web3 and AI hackathon series, is set to make a groundbreaking return in 2025. Building on the extraordinary success of HackIndia 2024, which engaged 9,000 students across 50 universities, HackIndia 2025 will grow its reach to 25,000 students across 150 universities, further solidifying its position as a transformative platform for India’s budding tech talent.

Organized by CSharpCorner, HackIndia’s mission is clear: to connect Indian students and universities with emerging Web3 and AI technologies by providing education, resources, and opportunities while eliminating barriers to entry. The initiative is not just a hackathon—it is a movement to empower India’s youth by fostering innovation, skill development, and career growth.

Empowering Students Through Innovation
HackIndia 2025 introduces an exciting new feature that will fuel real-world innovation. For the first time, teams will gain access to accelerated grants and industry mentors to develop their Web3 and AI projects beyond the hackathon stage. This initiative will enable young developers to transform their ideas into tangible solutions, pushing the boundaries of Web3 innovation in India.

Furthermore, HackIndia 2025 is addressing a crucial need for students by providing career pathways. The ten events will feature opportunities for participants to network with leading employers, explore career options, and even interview for roles within the Web3 and AI sectors. This addition reflects HackIndia’s broader commitment to not only educating students but also helping them secure meaningful employment.

A Legacy of Impact
HackIndia was created as part of CSharpCorner’s dedication to helping Indian students learn, earn, and grow. As a global community of 3 million developers and tech enthusiasts, CSharpCorner has consistently championed opportunities for Indian students, helping them access cutting-edge technology and mentorship. By expanding HackIndia year after year, the initiative has become a launchpad for India’s next generation of innovators, empowering them to succeed in the global tech economy.

“HackIndia is not just a series of events. It’s a movement,” said Stephen Simon, Director CSharp HackIndia. “By scaling HackIndia to new heights in 2025, we’re investing in India’s greatest asset—its youth—and paving the way for a brighter, more innovative future powered by Web3 and AI.”

HackIndia 2025 promises to be more than just a hackathon—it will be a stepping-stone for students to unleash their potential, build meaningful solutions, and shape the global future of technology.

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SOURCE CSharp Inc

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PEAK6 to Relocate Global Headquarters to Austin, Texas

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CHICAGO, Dec. 27, 2024 /PRNewswire/ — PEAK6 Investments LLC (“PEAK6”) today announced that, effective January 1, 2025, it will move its global headquarters from its current location in Chicago, Illinois to the company’s existing office in Austin, Texas, which it established in 2021. PEAK6 affiliates PEAK6 Group LLC, PEAK6 Strategic Capital LLC, PEAK6 APX Holdings LLC and PEAK6 LLC will also relocate their global headquarters to Austin. PEAK6 will maintain its office in Chicago.

Texas has been a cornerstone of PEAK6’s growth for over a decade,” said PEAK6 Co-Founder and Co-CEO, Matt Hulsizer, who continued, “With the majority of our talented workforce now based in Texas and Austin emerging as our largest office, moving our headquarters was an important decision to be closer to our team. We’re excited for the next chapter of PEAK6 that will be written from our new headquarters.”

Austin’s unique blend of creativity, technology and culture provides the ideal environment for PEAK6. The city’s highly educated workforce, business climate, and strong entrepreneurial spirit have enabled us to attract top talent and drive innovation.

About PEAK6

PEAK6 uses technology to find a better way of doing things. The company’s first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses.

PEAK6’s core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, We Insure, FOCUS, Zogo, Evil Geniuses and Poker Power.

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SOURCE PEAK6 Investments

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