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SocGen launches payment and transaction banking accelerator programme

Societe Generale has launched an accelerator programme for startups working in trade finance cash management, factoring and correspondent banking.

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SocGen launches payment and transaction banking accelerator programme

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The French bank is inviting startups working on data, client communication interfaces, CSR, and fraud, amongst other topics.

Firms have until the end of May to apply for the six-month incubation period, during which they will get access to SocGen's expertise and the chance to try out their offerings in real-life business environments.

Claire Calmejane, chief innovation officer, SocGen, says: "With the ‘Payments & Transaction Banking Accelerator’, we are taking a strong role in supporting the startup ecosystem and in transforming transaction banking activities."

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