IronFX says it is launching a virtual Fintech accelerator program to back Fintech ventures. IronFX is a trading platform that reports supporting 1,200,000 traders worldwide, serving retail and institutional customers in 180+ countries.
The virtual accelerator program will focus on companies providing training and knowledge solutions to forex traders. The accelerator will be open to pre-seed, seed, and round A startups worldwide, giving remote guidance and services to support ventures in development and go-to-market, according to a release. IronFX did not highlight any capital commitment to accepted Fintechs into the program.
The program will comprise of an incubator (for early-stage startups) and an accelerator (for more mature Fintech companies).
The launch of the Fintech accelerator is said to be a part of an ongoing effort on IronFX’s part to locate and obtain innovative tech with significant market potential, including a soon-to-be-opened R&D center in Mumbai.