CORRECTING and REPLACING Calgary Fintech Award Launches With a $250,000 Cash Prize for Fintech Startups

CALGARY, Alberta--(BUSINESS WIRE)--Headline of release dated May 16, 2022, should read: Calgary Fintech Award Launches With a $250,000 Cash Prize for Fintech Startups (instead of: Calgary Fintech Award Launches With a $250,0000 Cash Prize for Fintech Startups).

The updated release reads:

CALGARY FINTECH AWARD LAUNCHES WITH A $250,000 CASH PRIZE FOR FINTECH STARTUPS

Digital Commerce Bank (DCBank) and Platform Calgary have announced the launch of the Calgary Fintech Award - western Canada’s first major fintech award. It includes a programming component to help founders advance their business, as well as the chance to win up to $250,000 in non-dilutive cash. The Calgary Fintech Award will support fintech startups intending to grow their business in the Calgary region. Startups can apply for the inaugural award at calgaryfintechaward.com until June 26, 2022.

“Calgary is an emerging fintech hub. Our role at Platform is to connect startups to the resources they need to grow strong roots here in our city”, says Terry Rock, CEO at Platform Calgary. “The Calgary Fintech Award will do just that - we’ll connect fintech startups with a group of world-class advisors, mentors and judges, and accelerate the growth of their business amongst other global fintech startups. To sweeten the deal, they’ll be competing for a chance to win a cash prize of up to $250,000 they can use towards their business.”

A total of 25 startups will be selected to participate in the 6-week program. Startup founders will have exclusive access to interactive workshops, thought leadership panel discussions, coaching and advisory sessions with industry experts, as well as peer networking opportunities. The top 5 selected startups will have the opportunity to live-pitch to a panel of judges to take home the grand cash prize. Winners will be announced during an Awards Ceremony in fall 2022.

“We are very pleased to partner with Platform Calgary on this unique program driving value and opportunities for fintech businesses as well as demonstrating the value and opportunities these businesses have in Calgary”, says Jeffrey Smith, President & CEO at DC Bank.

More sponsorship opportunities are available for companies wanting to support the growth of the fintech industry in Calgary through the Calgary Fintech Award.

Platform Calgary

Platform Calgary brings together the resources of Calgary's tech ecosystem to help startups launch and grow at every step of their journey, from ideation through to scale. We focus on making all parts of Calgary’s startup ecosystem better resourced, connected, efficient and prominent.

Behind every great innovator is a great community. Opening in June 2022, the Platform Innovation Centre is the front door to this community — a single point of access for people as they navigate Calgary’s innovation ecosystem.

For more information about Platform Calgary, visit: platformcalgary.com.

Digital Commerce Bank

Digital Commerce Bank is a Schedule 1 Canadian Bank focused on technology and delivering robust and secure payment technologies. The Bank’s technology-driven platform provides innovative payment and banking solutions to its corporate clients, enabling businesses to offer their own financial and payment solutions. The Bank’s proprietary banking-as-a-service and payment solutions, as well as straightforward APIs, offer clients efficiency, flexibility, and convenience when it comes to integrating services directly to a business’ product. The Bank is a member of Payments Canada, and is a principle member of Interac, Visa and MasterCard. For more information about Digital Commerce Bank, please visit www.dcbank.ca.