Fintech

Fintech Fusion: results of the first 12 months

by Amelie Janssens

Fintech Fusion – the Swiss Fintech Innovation Platform – completed its first 12 month Accelerator in October.

We are delighted to announce the results achieved:

  • 1 startup grew its turnover from 0 to several millions within 6 months
  • 1 startup was spotted by an internet giant and in discussion for a potential acquisition
  • 6 startups were able to push “Proof of concept” in the market and/or were able to bring on board their first clients thanks to the Fusion Network
  • 3 startups were able to raise funds and one more is on its way to closing a seed round
  • All of the startups greatly benefited from the visibility provided by Fusion, the value added and the network of mentors & partners.

The aim of Fusion is to create a thriving ecosystem of FinTech startups, which will boost and reinforce Switzerland’s reputation as a financial hub. Unlike most accelerators, Fusion takes no upfront equity stake in startups it accelerates. Fusion’s unique multi-sector and multi-partner approach, brings together a broad group of stakeholders: corporate members (Temenos, Notz Stucki, Swisscard and BNP Paribas); resource partners (Capco, id est avocats, Kudelski Security); and academic partners (IDIAP, Heig-VD and HEG Genève).

Needless to say we are very excited about the second program, which has just kicked off!

Return to listing
back to
the top
Your browser is not supported. Please use another browser.