TLDR: 11:FS, a challenger consultancy in the financial services industry, has announced plans to launch a new venture firm and accelerator programme called 11:FS VC. The programme will be led by Jamie Campbell, founder of Fronted, and aims to be the best financial services startup incubator in the world. 11:FS will leverage its in-house expertise and products to offer support and resources to ambitious startups. The company hopes to create a unique community of entrepreneurs and startups that can benefit from its teams, technology, reach, and credibility.
11:FS, a challenger consultancy, is launching a new venture firm and accelerator called 11:FS VC. The firm wants to create the best financial services startup incubator in the world.
The accelerator will leverage the experience and expertise of 11:FS to offer more than just money to ambitious startups looking to build innovative financial services products.
11:FS has partnerships with major banks and has helped to build startups like Starling, Monzo, and Nutmeg. It wants to create a unique entrepreneurial community that can benefit from its teams, technology, reach, and credibility.
“While most accelerators are just show and pony parades to let big organisations ‘feel’ innovative, we are here to connect the dots with people who have already shaped the industry globally,” said David M. Brear, Group CEO & Co-Founder of 11:FS. “We see this as a pivotal point in the charting of our group’s and the industry’s overall success.”
11:FS VC will be led by Jamie Campbell, former senior leader at Bud and founder of Fronted. The programme aims to provide solutions to the challenges faced by fintech founders, including go-to-market planning, customer acquisition, scaling with partners, technology sourcing, navigating regulation, and accessing funding.
