Press Release: Discover Global Network joins FD Global Connections to help Australian and UK fintechs expand into the US

LONDON – 19 SEPTEMBER 2019 – One of the world’s biggest names in payments is helping Australian and UK fintechs scale into the heart of the US financial market.

FD Global Connections today announced that Discover Global Network will sponsor four international scaleups for the upcoming fintech-focused New York City Immersion Program.

FD Global Connection designed the New York City Immersion Program in 2017 to support international businesses in scaling successfully into the US. It combines a preparatory workshop with a week of curated meetings, presentations and customised workshops in New York City to help founders assess their scalability in the US, build relationships with local investors, partners and customers and refine their go-to-market strategy with the support of experts on the ground.

As part of this new partnership, Discover Global Network will cover the program costs, including airfare and one week’s accommodation in New York City for selected international startups, creating an incredible opportunity for scaleups eager to grow their business in the US.

“New York City represents an unmatched opportunity for fintechs but they need to be there, working on the ground to gain traction and build those relationships,” said Trena Blair, CEO and found of FD Global Connections.

“With the help of Discover Global Network, we will be able to help more businesses validate their US expansion plans and facilitate those first crucial introductions to investors and potential customers.”

According to the latest PwC CB Insights Money Tree Report, the New York City metro area ranks second in terms of investment and deal activity in the US, with nearly US$14 billion in investment last year and more than $8.6 billion in investment so far this year. Fintech startups in the US have raised more than startups in any other vertical.

“Discover Global Network is proud to host the NYC Immersion Program in partnership with FD Global Connections” explained Ryan Campbell, Head of Payments Innovation at Discover. “We believe that fostering startups via programs like this will facilitate innovation on a global scale. FD Global has a strong track record of propelling startups into scalable growth and we look forward to helping shape the future of these companies.”

The FD Global Connections NYC “FinTech” Immersion Program will take place in mid-November.

Businesses interested in applying can find further details at FD Global Connections website.