With IPO, Startupbootcamp becomes the world’s first publicly traded accelerator

Startupbootcamp tech.eu

Startupbootcamp Amsterdam will list its next fintech accelerator on the Rabo&Crowd funding platform, which is powered by Nxchange, a next generation stock exchange. The broader public can now invest in the first publicly-traded startup accelerator, SBC Fintech Amsterdam 1921.

Would-be investors are eligible for tickets of €37.500, for which they receive 1000 depository receipts which can be traded from November 26.

In the next three years, the Dutch arm of the global accelerator plans to support thirty startups from the fintech and cybersecurity sectors in exchange for six to eight percent equity. Each batch consists of ten companies, who receive 15,000 to cover the cost of the three-month program.

Rabobank, Banca Sella, Hakrinbank and Capgemini are partners in the next accelerator batch. To answer questions about the IPO, Rabobank and Startupbootcamp are each hosting information sessions in Amsterdam.

Correction: this article previously misquoted the ticket details.

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