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Franklin Templeton and EvoNexus have partnered to create a new Fintech accelerator program in Silicon Valley. The program will focus on startups creating solutions across all areas of Fintech, including artificial intelligence, blockchain, cybersecurity, data science, financial inclusion, Insurtech, payments, personal financial management, Regtech and wealth management.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced the launch of a new Fintech accelerator program in partnership with EvoNexus, further building on its commitment to innovation. The new program will focus on startups creating solutions across all areas of Fintech, including artificial intelligence, blockchain, cybersecurity, data science, financial inclusion, Insurtech, payments, personal financial management, Regtech and wealth management. The program will be based in Silicon Valley and will leverage Franklin Templeton's global footprint and deep expertise in asset management to help selected companies scale their businesses. "We are excited to partner with EvoNexus to launch this program and support the next generation of Fintech innovators," said Harshendu Bindal, Head of Digital Strategy and Innovation at Franklin Templeton. "We believe that this program will provide a unique opportunity for startups to gain access to our resources and expertise, and we look forward to working with them to shape the future of finance." EvoNexus is a non-profit technology incubator and one of Southern California's most successful startup accelerators. EvoNexus, which has a strong track record of helping startups grow and scale, will manage the program. "We are thrilled to partner with Franklin Templeton to launch this new Fintech accelerator program," said Rory Moore, CEO and Co-Founder of EvoNexus. "Franklin Templeton is a global leader in asset management, and we believe that their expertise and resources will be invaluable to the startups selected for the program." The program is open to early-stage startups from around the world. Selected companies will receive mentorship from Franklin Templeton executives, access to Franklin Templeton's global network of partners and customers, and the opportunity to pilot their solutions with Franklin Templeton. Applications for the program are now open and will close on November 15, 2019. The program is scheduled to begin in January 2020. About Franklin Templeton Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in over 30 countries and approximately 1,300 investment professionals, the California-based company has 70 years of investment experience and approximately $1.4 trillion in assets under management as of September 30, 2019. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook. About EvoNexus EvoNexus is a non-profit technology incubator with locations in San Diego and Irvine. EvoNexus is supported by corporate sponsors, including some of the largest multinational corporations in the world. Its extensive mentor network provides entrepreneurs with industry-specific guidance, access to strategic partnerships, and the ability to connect with potential investors. EvoNexus has launched over 280 startups and created over $3 billion in economic impact since its founding in 2010. For more information, please visit evonexus.org. Contacts Franklin Templeton Prosek Partners pro-franklintempleton@prosek.com