NadiFin is a new breed of accelerator. Launched by Farvest and MiddleGame Ventures, it focuses exclusively on cutting edge Fintechs that are using AI/ML, Big Data Analytics, Blockchain and other ‘deeptech’ tools to create seamless solutions and businesses for the European financial services market.
(Featured Image: Kamel Amroune, CEO of Farvest Group and Co-founder of ICT Spring / Image Credit © Farvest)
Applications are now open for the NadiFin Fintech Acceleration program powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (the LHoFT), until April 10th, 2019. NadiFin will bring together post seed and pre-series B stage Fintech companies from around the world to learn and engage through a unique curriculum and a series of workshops led by experienced Fintech VCs including Pascal Bouvier.
“I am delighted to have co-created this new program. I have always been fascinated with what the next generation accelerator looks like. We believe that NadiFin is an evolution for accelerator programs,” explained Pascal Bouvier, Managing Partner of MiddleGame Ventures. “First, it is investor led and incumbent driven. Second, the peer to peer focus (learning, ranking) of the program is ideal for a startup team to fully digest the curriculum. I look forward to interacting with every startup selected as I will be one of the facilitators for each workshop.”
12 of the most promising Fintech companies from around the world will convene at NadiFin over three, four-day workshops in Luxembourg and Dublin.
“The Fintech ecosystem in Luxembourg has developed very fast, fostered by the needs of the institutions in Luxembourg, particularly in the areas of Regtech, Wealthtech and Insurtech.”
A specific curriculum was built in order to prepare entrepreneurs for scaling their businesses for profitable growth. The program uniquely is built from the ground up with experienced Venture Capital knowledge from MiddleGame Ventures and Village Capital, in tandem with financial services partners working on key Proof of Concept challenges through the program.
The curriculum integrates mentors, speakers, investors, and peers to help the companies selected grow to the next level across all of their key strategic vectors (i.e., value proposition, team, business model mapping, fund-raising, etc). The NadiFin Fintech Accelerator Program engages a broad network of investors and strategic partners to facilitate real-world progress outside the classroom. The cohort will compete in a trademarked peer-voting startup accelerator curriculum (powered by Village Capital) leading to a €100,000 investment from MiddleGame Ventures.
Nasir Zubairi, CEO of the LHoFT Foundation confirmed that “the Fintech ecosystem in Luxembourg has developed very fast, fostered by the needs of the institutions in Luxembourg, particularly in the areas of Regtech, Wealthtech and Insurtech, and also by the great international business environment of Luxembourg providing a great launchpad for Fintech firms wanting to access the broad EU market. We are excited to support NadiFin in that it looks to innovate the typical accelerator model to the needs of the firms participating to ensure maximum value.”
“NadiFin, with its unique curriculum, will once again allow new talent and services to develop and grow in today’s digital environment.”
Each workshop will take place over four days during which specific modules will be taught, including sessions where mentors, sponsors and ecosystem actors will interact with the cohort, supplemented by networking opportunities (dinner, cocktail hours) where the Fintechs and the broader ecosystem will be able to interact. The first workshop takes place during the week of May 20th, 2019, with the European tech summit, ICT Spring.
“A renowned spot for startups active in financial services, the country of Luxembourg was able to build a very strong and diverse ecosystem over the past years with the ambition of becoming the number one FinTech hub in Europe,” added Kamel Amroune, CEO of Farvest Group and Co-founder of ICT Spring. “This was only possible through the creation of innovative programs, backed by the many initiatives led by the government in order to favor entrepreneurship. NadiFin, with its unique curriculum, will once again allow new talent and services to develop and grow in today’s digital environment”.
How to apply? Fintechs that are post-seed stage and pre-Series B can now apply to the NadiFin Fintech Acceleration Program taking place this May – July 2019 by going to NadiFin website and completing the application process before April 10th , 2019. Applications will be reviewed by the selection committee composed of MiddleGame Ventures (MGV), Board members, sponsors and select mentors.
The press release published here reflects only the opinion of the author: The Luxembourg House of Financial Technology (The LHoFT)