Story excerpt provided by The Columbus Dispatch.
Written by Mark Williams.
Companies from India, Ireland and Portugal are among the winners in the first round of funding from a group that wants to create the next generation of financial-technology companies in Ohio.
Fintech 71 announced Tuesday that it was awarding $100,000 apiece to 10 companies, five of them from outside the U.S. In return, the companies will set up shop in Columbus and give Fintech 71 a small ownership stake.
Fintech 71 officially got started in April. It operates as a so-called accelerator, offering young companies guidance and financial support so that they can grow more quickly than they otherwise might.
Originally published September 12, 2017.