Techstars Extends FinTech Accelerator To Capetown, Tel Aviv

Boulder-based startup accelerator operator Techstars has further expanded its global reach, and is now running two new accelerator programs: one in Capetown, South Africa, and another in Tel Aviv, Israel. According to Techstars, the two new accelerator programs are an extension of its existing accelerator program focused on financial technology (fintech) startups, for Barclays, the Barclays Accelerator. Techstars, which already runs programs in London and New York for Barclays, said the new programs will provide 20 companies focused on FinTech and cyber security innovation to participate in its three month long, intensive accelerator.