Brampton, Ontario – Rogers Cybersecure Catalyst at Toronto Metropolitan University and RBC announced the launch of the RBC FinSec Incubator. This program aims to support the growth of emerging fintech and cybersecurity startups by fostering the development of secure financial technologies.
The incubator provides early-stage companies with the resources and expertise to:
- Enhance product security and resilience: The program helps startups integrate robust cybersecurity practices into their fintech solutions, meeting the high standards of the financial sector.
- Achieve product-market fit: By addressing security concerns, the incubator helps startups create products that are not only innovative but also commercially viable.
- Connect with industry leaders: Startups gain access to valuable mentorship from industry experts and potential investors within the financial services ecosystem.
- Understand procurement requirements: Through RBC’s guidance, startups learn the specific needs and processes involved in securing contracts within the financial sector.
“The RBC FinSec Incubator represents a significant step forward for innovation in cybersecurity and fintech,” said Angelo Casanas, Director of Innovation at Rogers Cybersecure Catalyst. “This program provides startups with the tools and insights they need to succeed in the complex financial landscape.”
“We are committed to driving security and innovation within the financial services sector,” said Adam Evans, Senior Vice President & CISO at RBC. “The RBC FinSec Incubator fosters collaboration with promising startups to enhance the overall security and resilience of financial services for Canadians.”
Eligibility:
The program is open to early-stage startups with:
- A compelling fintech product requiring robust cybersecurity practices.
- A tech-based solution addressing cybersecurity challenges in the financial services industry.
- A Minimum Viable Product (MVP) with ongoing validation or commercialization efforts.
- Existing or planned operations in Canada.
- Established within the last five years.
