BMO Launches WMNfintech Program to Empower Women Entrepreneurs in Fintech Industry

BMO Champions Female Entrepreneurs with WMNfintech Program

Bank of Montreal (BMO) collaborates with 1871 to launch the seventh annual WMNfintech program, dedicated to supporting fintech startups that address the unique needs of women and underserved markets. With applications open until April 9, 2026, the program seeks to curate a select group of five startups that will participate from June to October 2026. This initiative, which has grown to become North America’s largest network for fintech entrepreneurs since its inception in 2020, serves as a vital ecosystem fostering innovation, diversity, and inclusion in the financial technology sector.

The WMNfintech program is uniquely positioned to provide selected participants with tailored support that encompasses BMO's personalized mentoring, access to the comprehensive resources of 1871, and the opportunity to connect with established industry leaders. Participants benefit from program structures that not only enhance their market strategies but also facilitate critical networking opportunities necessary for establishing valuable industry connections. This integrated approach to mentorship and resource access ensures that emerging fintech startups can navigate the challenges of the financial services landscape more effectively.

Betsy Ziegler, CEO of 1871, emphasizes the significance of the WMNfintech program as a holistic platform rather than just a traditional accelerator. It offers critical connections not only to investment but also to regulatory insights, underscoring the importance of inclusive practices within fintech. The program has proven successful since its launch, with alumni collectively generating over 220 jobs and raising more than $51 million in funding. As BMO continues to prioritize innovation in its financial services, the WMNfintech initiative stands to influence and redefine the future of the industry, enhancing diversity and guiding the next wave of fintech entrepreneurs.

The program reflects a broader commitment within the financial industry to support diversity and innovation. By focusing on women-led startups and those addressing underserved markets, BMO contributes to a transformative shift that encourages greater participation across various demographics in fintech. As startups engage in this supportive ecosystem, they are poised to develop groundbreaking solutions that can better serve a diverse clientele.

Through initiatives like WMNfintech, BMO and its partners continue to illustrate their dedication to fostering an entrepreneurial environment that empowers innovative thinkers and solidifies their role as leaders in advancing financial technology solutions. By harnessing collective resources and expertise, the WMNfintech program is set to play a pivotal role in shaping the future of financial services and promoting inclusive growth within the industry.