The Fusion Swiss Fintech Application Process has Started

Fintech Fusion is a 12-months acceleration program offered to about 10 FinTech startups annually in order to enable them to move from a beta product to revenues. The program includes workshops and trainings supported by a network of mentors, experts and partner companies that provide startups with the resources they need to accelerate their development. Therefore, Fusion seeks to develop a thriving ecosystem of FinTech startups, which will boost and reinforce Switzerland’s reputation as a financial hub.

In the 2016 intake, Fusion will host about 10 startups for its 12 months program and is particularly interested in B2B companies in the field of asset and wealth management, blockchain, risk management, cybersecurity and data privacy, as well as insurance and commodity trading. To qualify for Fusion, startups are required to have a working prototype and have a big market potential.

Selected startups will have the opportunity to benefit from the various services offered by Fusion including, organising working permits for foreign startups, mentoring, access to the local market and above all Fusion does not take equity in any company.

The first batch of startups to be taken in are currently in the middle of the program and can testify that they have already generated revenue. Matthias Vanoni, CEO of Biowatch, who is taking part in the first class, said: “Fusion is a decisive turning point in the development and growth of our company! Marcelo Garcia Casil, from DXMarkets, based in Singapore, added: “Fusion is an outstanding program, helping us to refine our go-to-market strategy and to accelerate our revenue growth”

About Fusion
FUSION is Switzerland’s fintech accelerator, based in Geneva. FUSION capitalises on Switzerland’s position as a global hub for financial services as well as its world-beating reputation for innovation to drive the fintech agenda. The aim is to fuse the best of Switzerland with the most promising fintech talent to lead innovation in financial services. FUSION's approach is rooted in collaboration. The corporate members and mentors of the accelerator are drawn from all areas of financial services, such as banking, insurance and commodity trading. In addition, there are academic sponsors from some of world’s top engineering research institutes and partners from the venture capital industry, which will syndicate funding.

(Press release)