F10 Announces Final Selection Process For P2 Program Batch III

F10 Announces Final Selection Process For P2 Program Batch III
Andreas Iten, co-founder and board member of F10. (Photo: F10)

Zurich – Today, Switzerland’s leading FinTech space, F10 Incubator and Accelerator, announces the final selection of fifteen startups for Batch III of its praised P2 Prototype to Product Program. Successful startups have undergone one of the most rigorous selection processes in the industry.

Andreas Iten, F10’s co-founder and board member, states “startups with innovative ideas from around the world – fifty countries in total – applied to be a part of Batch III of our P2 Program. The quality of entrants was incredibly high and deciding on who to pick was not an easy effort.”

“Our process saw F10 go on a world tour to scout talented startups in their native environment, before returning to our corporate members to present the cream of the crop. Selecting the top twenty-five was then done through a corporate member vote – and was whittled down to the final fifteen through a competitive ‘speed dating’ event’ where we distilled the selection to a smaller number of even higher quality participants.”

The startups include:

Anansi insurance platform for high-growth SMEs with an international supply chain of physical goods.

Baasis ID all-in-one identity verification (KYC) platform for FinTechs, crypto wallets and exchanges, and government agencies.

BDEO streamlined operational processes for insurance claims for companies in Europe and South America.

Borderless blockchain-powered international payment systems for businesses, governments, and banks.

C2SEC cyber risk analytics for insurance companies and enterprises.

Dynametrics modernized credit processes for banks and credit institutions.

eHyve centralized, consolidated financial overview for consumers.

Qard data collection and insights for small online e-commerce.

Luminant simplified reinsurance for the automotive insurance industry.

Monday platform which enables small businesses to manage administrative tasks simply and efficiently.

Safeside 3-click life insurance purchases for consumers.

SIX IoT programmable eCommerce platform, neutral for suppliers, personalised for consumers.

Susfinteq EU-China ESK risk assessment using AI for banks and financial institutions.

Target Insights advanced analytics for wealth managers.

Vestberry SaaS information management for the private equity industry.

Startups in the P2 program benefit from having their own office space in F10’s Zurich location, as well as the full support and assistance of expert F10 coaches and specialists from F10’s corporate members. Outside the acceleration process, events such as investors’ night and pitch days are held, giving the startups exposure to the financial press and interested companies. Startups will be assisted by some of the country’s leading banking and financial institutions, including SIX, ERI Bancaire, Julius Bär, PwC, the Baloise Group, eny Finance, Generali, and its latest members, Zürcher Kantonalbank, and Raiffeisen.

The successful startups will begin the P2 Program on March 5th, working through until the final Demo Day scheduled for August 23rd, where they will present their MVP (Minimum Viable Product) to the world. The intensive, six- month program offers six gruelling masterclass weeks.

F10 does not take any equity from the startups in its programs, while its corporate members gain exposure to the latest in FinTech, InsurTech, and RegTech. Together, startups and financial institutions can leverage the unique talents and resources of each other to create a brighter financial future.

For more information and the latest news about F10’s P2 program, startup events, and general philosophy, please visit www.f10.ch. (F10/mc/ps)

About F10 FinTech Incubator & Accelerator
F10 FinTech Incubator & Accelerator is a non-profit organization that supports and guides Startups, together with SIX, PwC Switzerland, Julius Bär, Baloise Group, Generali Group Switzerland, Zürcher Kantonalbank, Raiffeisen, ERI Bancaire and eny Finance to success in FinTech, RegTech and InsurTech. F10 also offers worldwide collaboration with international financial institutions and works in cooperation with Swiss companies in the finance, insurance and consulting sectors. For more information, please visit F10’s website.

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