Wise Guys Fintech accelerator hosted by Swedbank

Why Fintech Accelerator?

Startup Wise Guys regular B2B program’s success & survival rate is above 77%. We’ve had one major exit by company VitalFields. And total investment attracted by our portfolio startups is above 13 million eur.

With Fintech being among the top 3 verticals of VC investment in Europe, and open data regulation in EU creating new opportunities for collaboration between financial institutions and startups, it’s perfect timing to boost the Fintech startup scene in the Baltics, Nordics and all CEE region with a dedicated accelerator program for Fintech, PropTech, blockchain and InsurTech startups.

And with our track-record and Swedbank as a host – well, we have what it takes to help early stage Fintech startups GO BIG!

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Investment

20.000 € investment for 8% equity

Data

Premium access to Swedbank APIs

Knowledge

Intensive 3 month mentoring program

Office

Free modern co-working space

Accelerator Timeline

Wise Guys Fintech accelerator consists of a 3+3 month program: that means 3-months intensive mentoring followed by a 3-month after-care program with optional stay in the co-working space. With mentors specialised in financial service industries, the program curriculum focuses on idea shaping and validation, business development, sales and fundraising. But don’t worry – our Geek Squad will keep your developers challenged and busy too!

Applications Open

December - January

Startups can apply online and catch the Wise Guys Fintech team for a chat, office hours and free mentoring on our roadshow. Follow our Facebook page for updates on upcoming events.

Top 25 - February

Our selection committee, consisting of investors, Fintech mentors, Swedbank executives and Wise Guys Fintech team, will select the top 25 startups who will be invited for the Selection Finals event in Riga, Latvia in February.
Program Starts

March - April

Ten teams relocate to Riga in early March and start working at the co-working space at Swedbank headquarters. The accelerator program exposes teams to intensive speed mentoring, workshops, distinguished guest speakers and more.

Investor exposure: May - June

Teams get broad exposure to Business Angels and VCs, with several opportunities to pitch at high profile regional startup events including Latitude59 (May 25) and Arctic15 (June 1).

June

Mentoring intensity trails off in the last month of the program to allow teams to finally “do the real work”. The program officially finishes in June.
Post-Program Support

After-care: July - September

In the 3-months following the end of the program teams have an optional stay at the Swedbank co-working space. Continued on-demand help will be provided from mentors and Wise Guys Fintech team, as well as any needed support for ongoing pilots with Swedbank

Collaboration with Swedbank

Swedbank has been involved in Startup Wise Guys B2B program for more than a year now and we are excited about the partnership! Being the largest bank in Baltics and Sweden, and one of the most innovative in the region, Swedbank offers access to internal resources – employees and top executives – as mentors.
Selected startups get premium access to Swedbank’s APIs, as well as potential access to 7 million clients across 4 markets through their Open Banking initiative. In this accelerator program Swedbank seeks potential piloting opportunities to build and scale applications together with the startup founders.
Swedbank will be hosting accelerator in a specially furnished co-working space in their Riga headquarters. This gives startups not only cool office and easy access to Swedbank employees, but probably also the best view in town from their 25-floor skyscraper facing Riga’s Old Town.

Awesome Mentors

We have a deep network of 100+ mentors who are experts in their fields or founders of startups themselves. Here are some of our top mentors you will get the chance to meet and learn from at Wise Guys Fintech accelerator program.

Johan Lorenzen

Former CEO of Holvi (exited to BBVA)

Loretta Joseph

Worldwide blockchain and Fintech leader. Director of Business Development at the Sydney Stock Exchange

Farid Singh

Former Telefonica VP Product Manager

Ģirts Bērziņš

Head of Digital Strategy, Digital Banking at Swedbank

Team

Running an accelerator is a bit like running a kindergarten! This is the kick-ass team that will keep you on track with KPIs, give constructive feedback and make your stay in Riga a life-changing experience!

Juan Alonso Villalobos

Program Director

Serial entrepreneur and former CMO and CFO of National Nederlanden and ING Direct

Dag Ainsoo

CFO & Investment Manager at Startup Wise Guys

Serial entrepreneur, founder of SmartAD (exited to MTG), has invested in 30+ startups at System Capital

Andis Silakaktiņš

Accelerator Program Manager at Swedbank

Startup evangelist, co-founder and former CMO of an e-commerce startup

Cristobal Alonso

El Patron, Global CEO at Startup Wise Guys

Co-founded 3 companies, raised > 3 million eur, CxO roles at large Telco companies

Apply Now

We have experience accelerating Fintech startups: Investly, EstateGuru & Welltrado, and have geared up a great team of experienced Fintech mentors for the new program. So if you want to sky-rocket your early stage Fintech startup and get access to Swedbank’s premium APIs and 7 million clients in the Baltics and Sweden – join us!