With the P3 program, F10 provides a mechanism for fostering meaningful collaboration between Startups and the prestigious F10 corporate members – namely, SIX (the Swiss Stock Exchange), the Baloise Group, Julius Bär, Generali Group Switzerland, PwC Switzerland, Raiffeisen, Zürcher Kantonalbank, eny Finance and ERI Bancaire. The day is intended for international Startups with market traction and revenue generation in FinTech, RegTech, or InsurTech.
James Sanders, Project Manager and Startup Coach at the F10, comments: «The first instalment last September was a success for the startups and corporate members resulting in a number of projects either launched or in the pipeline. This year, the amount and quality of applications exceeded our expectations. More than 130 startups from all over the world expressed interest in joining the P3 program with aspirations of benefiting from the strong F10 network in Switzerland. The capacity is limited, and we had to narrow the applications down to a qualifier shortlist of ten startups attending the one-day workshop on Thursday, 7th of March. We are looking forward to hosting the P3 program at the F10 and bringing the FinTech ecosystem together to enhance fruitful collaboration.»
The ten selected startups:
3rd-eyes AG (Zurich, Switzerland) – A solution that enables wealth managers to provide their clients with individual, expert wealth planning and investment advice. The comprehensive wealth planning and investment advisory solution evaluates how the financial goals of clients can be fulfilled and recommends a bespoke asset allocation to maximise their goal achievement probability. Values and beliefs of the clients are incorporated in the advisory process to fully customise their portfolios. To ensure the best possible outcome, the start-up uses a sophisticated Asset & Liability Management methodology which ensures superior simulation and optimisation results. The methodology has so far only been available to institutional investors.
ABAKA Holdings Limited (London, United Kingdom) – Providing financial institutions with AI-powered software so they can thrive in the digital savings age.
Azakaw (Dubai, UAE) - A one-stop shop that covers compliance requirements from onboarding to monitoring to regulatory reporting.
Wallee (Winterthur, Switzerland) – Ensuring that companies can sell their products digitally and entirely automatically. Wallee is a brand of customweb, a Swiss based Fintech Company founded in 2008 that focuses on payment integration and payment processing. wallee.com is a cloud based payment hub that standardizes the payment flow for all payment service providers and payment methods on the one hand and provides added value services (as e.g. reconciliation, accounting synchronization, subscriptions etc.) for merchants on the other hand.
Digital Claim (Vienna, Austria) – The automation of claim recovery for travel and health insurance.
NDGIT GmbH (Munich, Germany) – Offering PSD2 and Open Banking solutions like a Digital Credit process.
Multisense (Amsterdam, Netherlands) – Multibiometric platform to verify and authenticate users with a combination of voice and facial recognition, patented liveliness check, and fingerprint signature.
QwilMessenger (London, United Kingdom) – Instant messaging that responds to an urgent need for businesses to ensure the privacy and confidentiality of their clients’ data.
SensePass (Ness Ziona, Israel) – A solution that bridges the gap between the physical and the digital world.
ZEROONE AI (Toronto, Canada) – AI-powered investing.
About F10 FinTech Incubator & AcceleratorF10 is a proven expert that has been ranked multiple times amongst the ten best European Incubator and Accelerators. It is a non-profit organization that supports and guides Startups in transforming their ideas into successful companies.
Working together with SIX, the Swiss Stock Exchange, the Baloise Group, Julius Bär, Generali Group Switzerland, PwC Switzerland, Raiffeisen, Zürcher Kantonalbank, eny Finance and ERI Bancaire, F10 is at the forefront of the new financial paradigm. The association aims to bridge the gap between exciting new ideas and tomorrow’s leading products.
(Press release - SK)Picture: F10