Barclays plans to ‘make it rain’ with Rainmaking fintech partnership

By Oliver Smith on Friday 4 February 2022

Digital Banking

A suite of new initiatives targeted at fintech founders around the world.

Barclays plans to ‘make it rain’ with Rainmaking fintech partnership
Image source: Jamie Brown on Unsplash.

Banking giant Barclays is expanding its fintech incubator Rise with a host of new programmes run by corporate innovation firm Rainmaking.

The tie-up will start with the immediate launch of Rise Start-Up Academy, a virtual digital skills-building accelerator aimed at idea and early-stage founders in the wealth equality, climate and future of money.

Start-Up Academy is a non-equity programme and is open for applications right now.

Later this year the Rise Growth Academy will launch to provide more detailed support around investment readiness, recruitment, sales and leadership.

Finally a Fintech Venture Studio will be opened later this year to focus on developing entirely new ventures working with both internal employees at Barclays, startups and other partners.

“We have been humbled and changed by the incredible FinTechs we have worked with,” said Mariquit Corcoran, group chief innovation officer at Barclays.

“We understand first-hand the power of collaboration to evolve and unlock opportunities for our customers, clients, colleagues and the communities in which we operate.”

For those who don’t know, Rainmaking is a corporate innovation firm that helps companies to design run these kinds of programmes and claims to work with 10 per cent of the Fortune 500.

“We are working with Barclays to drive positive change and play an active role in stimulating growth and opening up future revenue opportunities for founders of new businesses,” said Chris Locke, CEO of Europe at Rainmaking.

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.

AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Delivered Monday 9am EST/ 6am PST.

Companies in this Article:

Barclays

More like this:

The AltFi Awards 2022: Here are the winners!

Editor's Pick

2 December 2022
Oliver Smith

Curve and Credit Suisse ink $1bn deal to expand BNPL products

Editor's Pick

7 December 2022
Daniel Lanyon

Allica Bank raises £100m Series C

5 December 2022
Daniel Lanyon

Kroo launches 2% interest current account

5 December 2022
Amelia Isaacs