SAN FRANCISCO, USA (May 8, 2018) – The Holt Fintech Accelerator Program is proud to announce its strategic venture capital partnership with Sway Ventures, a San Francisco-based venture capital firm who supports early to mid-stage technology companies. The Holt Fintech Accelerator Program is based in Montreal, and extends the entrepreneurship legacy of Sir Herbert Holt, Quebec’s energy pioneer, who created one of the largest privately owned utility in the world. This accord will allow Sway Ventures to better support the next generation of entrepreneur talents operating in the fintech industry.
“The importance the financial services has on all our lives cannot be understated. We’re entering a period of transformation, where the very fabric of our financial industry will be altered by new technology and AI. Holt Accelerator demonstrates the enduring passion for innovation“, says Bill Malloy, Founding General Partner of Sway Ventures.
At Sway Venture, their main focus is investing in growing technology companies. Their experts invest in high performing teams, while building revolutionary technology and creating the next enterprise or consumer category. With a focus on strategic capitalization, business development support, and engineered exits, the company provides their clients with the support they need to be a proper game changer.
“At Holdun, we are very honoured and humbled to announce this partnership with Sway Ventures. By merging our experts and our specialties together, more startups will be able to benefit from our services and our council in their development. This will help make our program the ideal infrastructure to integrate fintech and exponential technologies industries”, says Brendan Holt Dunn, Founder and Managing Partner for the Holt Fintech Accelerator Program.
The Holt Accelerator is currently engaged in a global search for the next 400 rising stars in fintech to take part in the program, and it encourages all interested candidates to submit their applications through the Holt Accelerator website by July 29th for a chance to participate. The company offers participants a unique opportunity to benefit from hands-on help through committed partners, trainings, world-class mentors, immersion in the fintech environment, board meetings and financial investments. The Holt Accelerator Program is also the only accelerator offering one of Canada’s largest applied AI solution providers, Stradigi AI, an undeniable resource for all fintechs wishing to get ahead. Everything is thought through to get the best out of the program and unleash the selected startups’ full potential.
The Holt-Dunn family is the direct legacy of Sir Herbert Holt, and one of Montreal’s finest. Their ancestor immigrated to Canada in 1873 and built the Montreal Light, Heat & Power Company, which would later be expropriated and is now known as Hydro-Québec. Business people at heart, members of the family founded or owned over 300 companies locally and internationally. At one time, the family possessed assets accounting for about three billion dollars (equivalent to forty billion dollars in today’s currency). That amount was 10 times larger than the Canadian government’s circulating currency. Sir Herbert Holt was inducted into the Canadian Business Hall of Fame in 1979 and is, to this date, the longest-serving chairman and president of RBC (from 1908 to 1934). His participation was crucial in turning RBC into the country’s largest bank and the third largest in North America.
About Sway Ventures
Sway Ventures is a San Francisco-based venture capital firm investing in early to mid stage technology companies. The firm invest in high performing teams, building revolutionary technology, creating the next enterprise or consumer category. With a focus on strategic capitalization, business development support, and engineered exits, Sway Ventures provides great teams with the support they need to change the future. swayvc.com
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