Press Release

Latest News Hot off the Press

December 29, 2019

Bankex Introduces TEX - Telegram Token Exchange Technology to Disrupt Loyalty Payments

REDWOOD CITY, California, Dec. 30, 2019 /PRNewswire/ -- The BANKEX team has launched TEX - Telegram Token Exchange technology platform. It's a token exchange engine that's natively built into Telegram messenger. The Exchange displays and matches all trading orders for trades made with MainWallet ecosystem.


December 06, 2019

Silicon FinTech Bay Hosts its First Pitch Series Event

For the first time, Silicon FinTech Bay welcomed key stakeholders to its inaugural Pitch Series event, located at the Silicon FinTech Bay incubation space in downtown Redwood City, California. The event offered immense opportunities for entrepreneurs and investors to develop dialogue and grow the FinTech/blockchain community across Redwood City.


Blockchain based startups including: Aikon, ZPage, Tradeflo, and World Energy Consortium, had presented and have done a magnificent job in showcasing the latest and greatest FinTech initiatives.

Silicon FinTech Bay intends on hosting every pitch series once a month, and would encourage anyone interested in pitching to reach out to

December 03, 2019

SFB's FinTech Accelerator Program Cohort One Startups Announced

We are proud to announce our very first cohort at Silicon FinTech Bay. Each startup involved in our twelve-week accelerator program is at the forefront of innovation, and well equipped to shape the future of FinTech.

Our startups derive a from a variety of verticals within FinTech ranging from WealthTechBlockchainLending, and more!

November 25, 2019

NEC Payments becomes first international resident at Silicon FinTech Bay

NEC Payments B.S.C (c) (NECP), a Bahrain-based fintech, today announced its participation in the venture acceleration program in Silicon FinTech Bay (SFB) operated by FinTech Consortium (FTC).

September 18, 2019

FinTech Consortium Announces the Launch of Silicon FinTech Bay Accelerator Program

Redwood City, Calif., Sept. 18, 2019 - FinTech Consortium USA (FTC) today announced the launch of the first Silicon FinTech Bay (SFB) Accelerator Program, focused on early stage startups developing innovative solutions for the fintech sector. The program is open to startup applicants from across the United States and will take place at Silicon FinTech Bay for three months.

September 05, 2019

Detroit FinTech Bay Announces Detroit Blockchain Center to join location at TechTown; Detroit FinTech Bay Board of Advisors Appointed

Detroit, September 5, 2019 - Detroit FinTech Bay announced today that it will welcome Detroit Blockchain Center as a resident within its space in TechTown Detroit. Additionally, Detroit FinTech Bay's first board of advisors is announced. Entrepreneurs and leaders from financial institutions, corporation, community groups and academia make up the group's membership.

August 27, 2019

Flagstar and Detroit FinTech Bay Announce Startups for Mortgage Tech Accelerator Program

Flagstar Bank and Detroit FinTech Bay have announced the first startups to participate in the Flagstar Mortgage Tech Accelerator Program. The three companies are Brace, which focuses on servicing non-performing loans;, which develops A1-based chatbots for the banking sector; and Home Captain, a real estate SAAS technology company that acts as a conversion optimization system.

Maissan Almaskati, chief executive officer of the FinTech Consortium in the United States, said: “We’re thrilled to be working alongside Flagstar and these three exciting, high-quality fintech startups. We’ve curated an acceleration roadmap for each of them, and look forward to facilitating and supporting their growth during this important phase. Their participation in the Flagstar Mortgage Tech Accelerator is an opportunity to uniquely contribute to the inevitable end-to-end digitization of the mortgage process.”

August 13, 2019

Detroit FinTech Bay to open in TechTown Detroit and launch Flagstar Mortgage Tech Accelerator first cohort

DETROIT, Mich., Aug. 14, 2019 – Detroit FinTech Bay announced today that it will open its doors in TechTown Detroit. The partnership comes a year after global firm FinTech Consortium first announced the presence of a Bay in Detroit. Additionally, Detroit FinTech Bay announced today that the first cohort of its Flagstar Mortgage Tech Accelerator will launch in the space in September 2019. 

“We are pleased to be setting down physical roots in Detroit,” said Maissan Almaskati, chief executive officer of the FinTech Consortium in the United States. “Detroit FinTech Bay and TechTown share a passion for ecosystem building and nurturing. Together, we will bring connectivity to global fintech, as well as incubation and acceleration services for financial institutions, corporations, and fintech startups, with a particular focus on Detroit’s strengths in automotive, mortgage and blockchain verticals of fintech.”

July 31, 2019

Silicon FinTech Bay July 2019 e-Newsletter

Welcome to the 2nd edition of Silicon FinTech Bay's Monthly e-Newsletter.

Two months have gone by in a flash, and it's heartening to be a part of the Bay's momentum, along with that of the overall FinTech ecosystem. The SFB team has planned for some exciting forthcoming initiatives.

Our Open House event on July 26th was certainly an enjoyable event. Thank you to all, who came to Redwood City on a Thursday evening, to join us! We hope you had a good time networking, and getting acquainted with the FinTech community here in the heart of Silicon Valley.

Click here to read more. 

July 31, 2019

Silicon FinTech Bay's Company Video

We are pleased to release our company video.

Located in the heart of downtown Redwood City, our Bay hosts startups, corporate innovation employees and is also a great space for events. 

Reach out to us at for partnership opportunities!

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