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EvoNexus fintech incubator now accepting startup applications.

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TELECOMWORLDWIRE-April 30, 2019-EvoNexus fintech incubator now accepting startup applications

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EvoNexus, Southern California's (SoCal) startup incubator with locations in San Diego and Irvine, has announced it has opened an application round in search of early stage companies with emerging financial technologies to admit to its new purpose built FinTech incubator, the company said.

EvoNexus, with principal founding corporate sponsors Franklin Templeton (a global investment firm based in Silicon Valley with more than USD 712 billion USD in assets) and Royal Bank of Canada (RBC) (Canada's largest bank based on market capitalization and one of the largest financial institutions in North America with USD 1.3 trillion USD assets under management), launched SoCal's first FinTech incubator earlier this month.

FinTech refers to a group of financial technologies that could both empower or disrupt a number of industries. Technologies that impact these sectors include financial transaction services software, cloud, IoT, edge computing and 5G. More than USD 39 billion USD was invested globally in FinTech in 2018 according to a report from CB Insights.

EvoNexus, Franklin Templeton and RBC are focused on finding and admitting FinTech...

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