March 24, 2023
About the Program
2021 marked a breakout year in venture capital deals in Latin America with a total of $16.3B invested in startups, more than the previous five years combined. FinTech and financial services comprise ~39% of that total investment. This is program is for startups that are reimagining innovation in FinTech and financial services and leading the way for exponential incremental investment in the region.
During this program, selected startups will build and develop long term-partnerships with SAP by defining joint use-cases, product integration and various business development opportunities. SAP customers will also be involved in the program by supporting cohort selection and evaluating opportunities for proof of concepts.
This founder friendly program will focus on supporting B2B technology startups across the world with solutions in the following areas:
Solutions for direct customer payments to eliminate payment intermediaries.
Supply Chain Financing
Solutions that allow businesses to lengthen their payment terms to their suppliers while providing the option for their suppliers to get paid early.
Solutions that provide third-party financial service providers open access to consumer banking, transaction and other financial data from banks and non-bank financial institutions through APIs.
Banking as a Service
Solutions that allow banks to open up their APIs for third parties to develop services.
Buy Now Pay Later (BNPL)
Solutions that enable companies to offer flexible payment options for the modern shopper.
What We Look For
In addition to aligning to this program’s focus areas, your startup should:
1. Have a clear product-market fit for an enterprise software solution
2. Have secured VC funding
3. Have existing enterprise customers
4. Have resources in place to fully participate during the acceleration phase
5. Have sales and marketing resources to support your partnership with SAP