The programme, which lasts for six months, was launched earlier this year in May and will be selecting five start-ups each year. There are currently three places left on the programme.
Businesses selected to take part will be provided with support and mentoring from Founders Factory’s experts, as well as having the opportunity to work closely with Aviva.
According to Founders Factory co-founder and head of business development George Northcott, places for the accelerator programme are “incredibly limited” and competition is “tough” as the company’s offer is “unrivalled.”
In addition to fintech, Founders Factory is also searching for start-ups from the media, beauty and edtech sectors.
Applications for fintech start-ups are open until 7 October 2016.