Barclays Partners with Corporate Venture Builder Rainmaking

by Bilal Jafar
  • The Bank has selected Rainmaking as an innovation partner.
  • Barclays will launch a new suite of initiatives targeted at fintech founders.
Barclays ogo on the side of a building in London
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A financial services giant, Barclays recently selected Rainmaking, a prominent corporate venture builder, as an innovation partner. Through the partnership, Barclays is planning to facilitate financial technology founders around the world with a wide range of initiatives.

Barclays mentioned that the Rise Start-Up academy, a virtual digital skills-building accelerator targeted to the idea- and early-stage FinTech founders, has been launched and applications are now open. In the near future, Barclays is planning to launch Rise Growth Academy to provide support in investment readiness, recruitment, accelerating sales and leadership development.

According to the details shared by the financial services provider, the collaboration with Rainmaking will support its transformation ambitions. The innovating team of Barclays Group will help startups through different resources.

“Innovation is critical in driving growth in today’s challenging business environment and in solving some of the most pressing problems society faces today,” said Mariquit Corcoran, the Group Chief Innovation Officer at Barclays.

“We have been humbled and changed by the incredible FinTechs we have worked with, and we understand first-hand the power of collaboration to evolve and unlock opportunities for our customers, clients, colleagues and the communities in which we operate. We are very excited to work with Rainmaking to further push the boundaries of corporate innovation and ensure collaboration is at the heart of our FinTech strategy,” Corcoran added.

Fintech

The global demand for innovative financial technology solutions has increased in the last few years. As a result, leading banks have enhanced their efforts to adopt digital tools. According to Chris Locke, the CEO of Europe at Rainmaking, the partnership will open up different growth and revenue opportunities for founders of new fintech businesses.

“By providing the tools to enhance digital skills, founders can build and scale their businesses for future revenue growth. The new suite of meaningful and cutting-edge FinTech programs will combine the power of entrepreneurship, whilst unlocking the scale strengths and the deep domain expertise of Barclays,” Locke said.

A financial services giant, Barclays recently selected Rainmaking, a prominent corporate venture builder, as an innovation partner. Through the partnership, Barclays is planning to facilitate financial technology founders around the world with a wide range of initiatives.

Barclays mentioned that the Rise Start-Up academy, a virtual digital skills-building accelerator targeted to the idea- and early-stage FinTech founders, has been launched and applications are now open. In the near future, Barclays is planning to launch Rise Growth Academy to provide support in investment readiness, recruitment, accelerating sales and leadership development.

According to the details shared by the financial services provider, the collaboration with Rainmaking will support its transformation ambitions. The innovating team of Barclays Group will help startups through different resources.

“Innovation is critical in driving growth in today’s challenging business environment and in solving some of the most pressing problems society faces today,” said Mariquit Corcoran, the Group Chief Innovation Officer at Barclays.

“We have been humbled and changed by the incredible FinTechs we have worked with, and we understand first-hand the power of collaboration to evolve and unlock opportunities for our customers, clients, colleagues and the communities in which we operate. We are very excited to work with Rainmaking to further push the boundaries of corporate innovation and ensure collaboration is at the heart of our FinTech strategy,” Corcoran added.

Fintech

The global demand for innovative financial technology solutions has increased in the last few years. As a result, leading banks have enhanced their efforts to adopt digital tools. According to Chris Locke, the CEO of Europe at Rainmaking, the partnership will open up different growth and revenue opportunities for founders of new fintech businesses.

“By providing the tools to enhance digital skills, founders can build and scale their businesses for future revenue growth. The new suite of meaningful and cutting-edge FinTech programs will combine the power of entrepreneurship, whilst unlocking the scale strengths and the deep domain expertise of Barclays,” Locke said.

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