After successful expansion to Asia earlier this year, F10’s next global target is Spain.F10 will open in Madrid, Barcelona, Bilbao und Valencia. With the Swiss Stock Exchange (SIX) and its recent acquisition, Spanish Stock Exchange Bolsas y Mercados Españoles (BME), F10 has a strong backbone of corporate partners. The global innovation hub is currently looking for more local corporations and investors to benefit from its ecosystem in Spain. The first Incubation Program will be launched in March 2021.
F10 co-founder Andreas Iten said, “We see great potential in the Spanish financial sector due to the recent growth in tech startup investment, an abundance of game-changing startups, and the innovation-oriented mindset of its established businesses. The progression of the Agenda España Digital and the increasing importance of digital business models in Spain offer ideal conditions for tech innovation.”
Furthermore, F10 is unveiling a new look that reflects the increasing global ecosystem. With the rebranding and the new website, F10 aims to enter additional markets. The innovation hub in Spain sets the next milestone.
F10 guides and supports startups in FinTech, RegTech, InsurTech and DeepTech on their journey to successful companies while stimulating collaboration with international organizations. F10 has ranked multiple times among the best European Incubators and Accelerators and was recently named "FinTech Influencer of the Year" by the jury of the Swiss FinTech awards due to the long-lasting and extensive contribution to FinTech innovation and the expansion to Singapore. “More than 100 Startups already went through the F10 Incubation Program with a survival rate of more than 85 per cent", F10 co-founder Andreas Iten states.
(Press release / SK)