'Fintech FUSION' is a year-long acceleration program designed to help startups boost their growth. In recent years, the financial services industry has undergone massive digital transformation. This acceleration program helps early-stage startups boost their growth and bridge the gap between a prototype and their first sales.
Fintech FUSION operates as Switzerland’s first financial tech accelerator. The year-long acceleration program hosts 10 startups from around the world and helps them work on digitizing industry value chains. The goal of the program is to help these new companies bridge the gap between a minimum viable product and the early stages of growth. Some of the industries that the program focuses on include wealth management, risk management, and commodities trading. While Fintech FUSION does not take equity from the startups, it is paid back based on the performance of the startup.
The program provides a unique way for entrepreneurs to grow their startup without sacrificing equity.
This Acceleration Program is Designed to Boost Startup Growth
Katherine Pendrill — October 5, 2015 — Business
References: fintechfusion.ch & geektime