11:FS to launch venture firm and accelerator with hire new Head of VC

11:FS, the challenger consultancy, is seeking to build an industry-leading, global startup incubator on its mission to change the fabric of financial services.

11:FS, the challenger consultancy defining and building truly digital financial services, today announced its plans to launch a new venture firm and accelerator programme, 11:FS VC, spearheaded by Jamie Campbell, former senior leader at Bud and Founder of Fronted.

The new accelerator, which 11:FS wants to be “the best financial services startup incubator in the world”, will leverage the in-house expertise and products of the British Bank Award-winning consultancy to offer more than just money to ambitious startups looking to break new ground.

11:FS has a wealth of experience building startups from Starling, Monzo, Tandem, and Nutmeg. Its team has also worked with financial institutions to deliver digital propositions like Mettle with Natwest, Mox and Trust Bank with Standard Chartered, and many more.

11:FS wants to create a truly unique community of entrepreneurs and startups that can leverage its own teams, technology, reach, and credibility to help bring their ideas to life.

David M. Brear, Group CEO & Co-Founder of 11:FS, said: “While most accelerators are just show and pony parades to let big organisations “feel” innovative, we are here to connect the dots with people who have already shaped the industry globally, not just produced powerpoints about it.

I’m keen to find that sweet spot of what the likes of A16Z and Y-Combinator have achieved whilst bringing our own brand of no-nonsense FS perspectives to address the gambit of challenges for building a business.

With a string of massive banks looking at co-investment with us and our fund to further accelerate our overall growth, we see this as a pivotal point in the charting of our group’s and the industry’s overall success.

Key to the success of this is getting the right person and Jamie is someone that myself and Deputy CEO, Jason Bates, have long wanted to work with. It’s going to be a lot of fun.”

New Head of VC, Jamie Campbell, commented: “11:FS is the perfect place to launch a world-leading fintech accelerator. All fintech founders face challenges: go-to-market planning, customer acquisition, scaling with partners, technology sourcing and building, accessing good market intelligence, navigating regulation, and accessing funding. 11:FS VC is where the solution to all those pinch points converge. Graduates of our program will leave with some seriously unfair advantages.”