The first selection of Fin + Tech, the acceleration program dedicated to startups that develop solutions and services in the fintech and insurtech fields, part of the National Network of Cdp Accelerators, a network present throughout the territory to help the growth of new specialized realities, successfully concluded in the markets with the greatest potential.
Initiatives
Launch of the startup lab, the program to develop business ideas of the Roma Tre University
We recall that Fin + Tech was born from an initiative of Cdp Venture Capital with Digital Magics, Startupbootcamp, Fintech District, Nexi and Credem as promoters, to reach a total endowment of 6.2 million euros.
PA
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But let’s go back to the selection: it collected over 300 applications, of which about 50% came from abroad, testifying to the importance of the Italian market for the segments concerned. The Fin + Tech evaluation commission, made up of the promoters and corporate partners involved, has selected 16 startups, operating in the fintech and insurtech fields, which will have the opportunity to access the program benefiting from an initial investment of 48,500 euros, 4-month acceleration with the support of a network of mentors, sector corporations and the venture capital world and, for the companies that will be considered more promising, an investment follow-on of up to 300 thousand euros.
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at Alessio Nisi
The selection was made on the basis of the innovativeness of the solution, the composition of the team, the scalability of the project, and market potential. In the field of fintech, those initiatives related to payment systems, lending, certification and interoperability systems based on blockchain, credit and scoring systems for e-commerce, artificial intelligence and open banking, tokenization solutions for financial transactions and platforms were awarded. robo advisory. While with regard to insurtech, digitalization systems for online policies, platforms for automating insurance transactions, risk management in the insurance sector, IoT-based insurance products were privileged.