New York, N.Y. – Collctiv, the group payments app, today announced its selection to participate in the prestigious Techstars programme in New York City. 

Collctiv, a Techstars portfolio company, is the only British startup chosen to take part in the 13-week accelerator programme starting today. The announcement comes just one week since its launch in the U.S. to a long wait list. 

With more than $22 million in processed transactions and 440K customers, the in-demand group payments app is going from strength to strength. The first of its kind, Collctiv is an invaluable tool for organisers within groups of friends, families, businesses, charities, and communities, to pool money in an easy and secure way. 

Cofounders Amy Whitell (CEO) and Pete Casson (CTO) will join Techstars Accelerator Programme, alongside 13 other startups, which contributes to a worldwide network helping entrepreneurs and their enterprises succeed. It operates accelerator programs in 40 cities in 15 countries, built and run by entrepreneurs themselves, helping founders to understand the complexities of putting ideas into action and scaling businesses.

Collctiv cofounder and CEO, Amy Whitell, said: “We are incredibly excited and feel very lucky to have been selected to take part in the prestigious Techstars accelerator program in New York. We will join 13 other startups in an intense 13 week course, learning the skills to build a successful, scaleable startup.

“We’ve only just launched in the U.S. and so being able to immerse ourselves in the startup community here, learning from the best entrepreneurs and being able to present our business to some of the biggest names in VC funding, is truly a once in a lifetime opportunity and further confirms our commitment to growing our business and being able to make an impact, helping to change the lives of all the organisers of the world.”