Tenity’s batch 13 kicks off accelerator program

Thirteen early-stage startups have been selected for the Tenity Flagship Fintech Accelerator in Zurich. With six of the startups hailing from Switzerland, the startups will each receive an initial CHF 50k investment from the Tenity Incubation Fund II and a potential follow-on investment of up to CHF 250k.

Tenity Zurich Fintech Accelerator is a pre-seed accelerator designed for founders ready to refine their fintech solutions and accelerate their growth by accessing Tenity’s global network of partners, mentors, and investors. The 13 participants in the program have been selected from over 130 applications from candidates worldwide and present a wide range of solutions from Payments, PropTech, Entreprise Tech, Big Data solutions, ESG, Trading, and even an Energy Infrastructure solution. They will enhance them during the program until December this year. As part of the program, the Tenity will invest an initial CHF 50k investment in each startup from the Tenity Incubation Fund II and a potential follow-on investment of up to CHF 250k.

Batch 13 includes six startups from Switzerland. These are: 

Settlr– aims to solve post-trade issues, not just make the process more efficient. The company achieves this through a unique combination of deep domain knowledge and cutting-edge technology, including AI.

Depoformance AG – This investment system for rental deposits allows tenants to profitably invest their deposits. This results in an increase in the deposit amount, to the landlord's advantage through capitalization.

Verdant Dataturns ESG metrics into actionable insights with process mining, AI, and real-time nudges, enabling organizations to achieve net-zero goals with precision, driving significant environmental impact.

UpGrid offers a hassle-free green energy subscription for corporates and individuals, making energy sharing and trading accessible to new market segments by decoupling financial and physical flows.

Efides.iois developing a business application to help commodity trading companies finance food trades by automating due diligence. 

ChecksumThe checksum payment solution consists only of high-quality products that have been tried and tested over many years. This allows you to benefit from various advantages.

Participants from other countries are: TradrLab (UK), Automated Data Inc. (ADI) (United States), BondAuction (Netherlands), Axon (Germany), ComplyTaxonomy.EU (Netherlands), Quanted (UK) and BILLD (Italy).

(Press release/RAN)