“Meet Wall Street’s favorite Silicon Valley incubator” – Business Insider

Published on Monday 14 September, 2015 on BusinessInsider.com

Written by Jonathan Marino for Business Insider.

Plug and Play is a West Coast technology accelerator and investor which counts DropBox, Zoosk and SoundHound as portfolio companies.

It is also now home to a financial technology program, running two classes in 2015 for the first time.

The accelerator sought applications from startups focused on mobile payments, banking, security and authentication,

Anchor partners for the program include the venture arm of Citigroup, credit card company Capital One, universal bank Deutsche Bank and insurer USAA.

Plug and Play chief executive Saeed Amidi got his start 15 years ago when he was trying to rent some real estate.

Amidi and his brother, Seena, were considering startups to lease space in their Palo Alto, California, office and met a couple of young, promising entrepreneurs behind a then-unprofitable product.


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