The leading Fintech & Insurtech innovation ecosystem with hubs in Switzerland, Singapore, and Spain announces the world’s first dedicated Climate Fintech incubation program across the Nordics & Baltics – expanding its reach within Europe.
F10, with its partners, announces world’s first Climate Fintech incubator in the Nordics & Baltics for cutting-edge Climate Fintech & Insurtech startups with solutions that increases the innovation pace in the global transition towards a net zero society. According to a recent report conducted by F10, analysing the data of over 400 climate fintech startups, enriched by collaborative data partners, Commerz Ventures and New Energy Nexus, there has been a substantial shift in Climate Fintech innovation. For the financial industry, and for all business operations, as well as the society as a whole, the evolving area of Climate Fintech enables, and accelerates, this transition.
The goal is to support these promising startups by providing training, coaching & mentoring on a variety of topics to strengthen the teams, and to secure successful business and investment opportunities ahead. The program will also provide exposure and introductions to leading organizations, banks, corporates, fintechs, advisors, and investors – all driven by the urge in finding, collaborating with, and investing in, new solutions for improving sustainability, and climate issues.
We are excited to have Doconomy as one of the first supporters of the program, bringing in their unique experience in building a leading climate fintech on a global scale. Doconomy, based in Stockholm Sweden, provides leading impact data services for individuals and corporations to help educate, engage and reduce environmental impact. As constantly developing their ecosystem to drive positive change, supporting the program will be a natural step for engagement with new aspiring climate fintechs.
The program runs over six months, built around 5 masterclasses, culminating in a demo day to celebrate the startup achievements and present them to leading organizations, banks, corporates, and investors. For deeper engagement, and for becoming part of the thriving sustainability and fintech ecosystems, the program will run in various locations.
Anders Norlin, Head of F10 Nordics and Baltics, commented:
“The region has developed a strong innovation culture with thriving tech startup ecosystems, utilizing the high digitalization rate and tech savvy population. One area that has developed particularly strong the last decade, is fintech with exponential growth. This, together with sustainability awareness, creates a “green model” of integrating sustainability, tech and finance, paving the way for Climate, and Green fintech. We are excited to drive this forward with our new program.”
For this unique program, call for applications are open for early-stage Climate Fintech & Insurtech startups, delivering impact, that have early customer traction, with a prototype solution, MVP, or as a pilot. The program will support startups in early stage, to become more business ready, and to be attractive for investors. Applications are open for startups from all around the world, that are aiming for international reach, and looking to develop their venture in a region with leading ecosystems.