Partner will give access to new startup technologies
Plug and Play announced its collaboration with Franklin Templeton. The global investment management firm has joined Plug and Play’s Fintech platform and will gain access to the top startups and other corporate leaders in the asset and wealth management industry.
Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton. Through specialized teams, the Company has expertise across all asset classes, including equity, fixed income, alternatives and custom multi-asset solutions.
Plug and Play launched its Fintech platform in Silicon Valley in 2015 and now has offices in Abu Dhabi, Amsterdam, Frankfurt, New York, Tokyo, Paris, Shanghai, and Singapore. While continuing to work with over 50 financial institutions, Plug and Play Fintech sees the opportunity of providing an innovation platform for asset and wealth management firms. Through these relationships, Plug and Play plans to spearhead digital transformation for the industry and driving new growth opportunities for entrepreneurs.
Joe Boerio, Chief Technology Officer for Franklin Templeton stated, “Fintech companies serve as the building blocks in our effort to become the investment firm of the future, enhancing our innovation driven roadmap. Joining the Silicon Valley Plug and Play’s Fintech platform enables a front row seat to evaluate, potentially invest in, and nurture Fintech companies in their growth, while also providing access for commercial collaborations, to accelerate our efforts in improving business outcomes for investors.”
Max Koenig, Director of Plug and Play Fintech stated, “We look forward to serving a new segment within financial services that is destined to change. Franklin Templeton will be a key factor to our sourcing efforts and are aligned well internally to engage with startups from a business development and investment capacity.”