Actually this is not a real news, as the announcement is some days old, but we would like to share the press release that the Fin+Tech acceleration program has prepared to spread the names of the 16 selected startups: here it is.
Aptus.AI is among the first 16 startups selected by Fin+Tech, the acceleration program dedicated to startups developing solutions and services in the Fintech and Insurtech industries, part of CDP National Accelerator Network, a network operating throughout the country to help the growth of new companies specialized in the markets with the greatest potential. More than 300 applications were received from Italy and abroad.
Fin+Tech is the result of an initiative of CDP Venture Capital together with the substantial contribution of experience and expertise of Digital Magics, Startupbootcamp, Fintech District, Nexi and Credem as promoters, which also contribute to the overall endowment of 6,2 million euros, together with corporate partners. The program aims to lay the foundations to accompany the most promising Fintech and Insurtech businesses in their growth path by offering the possibility to count on new financial resources to those that best face and capitalize on the acceleration phase.
Aptus.AI accesses the program benefiting from an initial investment of 48.500euros and an acceleration path of 4 months - with the support of a network of mentors, corporate and the world of venture capital - for the most promising companies, a follow-on investment of up to 300.000 euros is foreseen.
The startup has been recognized for the innovativeness of its solution, valuable team, scalability of the project and excellent market potential.
Institutional partner of the initiative is Consob, through the working group Consob Tech and there are many important corporate partners: Anima Sgr, Banca CF+, Banca Mediolanum, BNL Gruppo BNP Paribas, BNP Paribas Cardif, Compass, Credem, Excellence Consulting, Net Insurance, Nexi, Reale Group. In addition, CRIF and Base Digitale have joined the initiative, strengthening its potential impact on the market. The contribution of technical partners is also valuable: Studio Legale Ferrari Pedeferri Boni (FPB), ItaliaFintech, Italian Insurtech Association and Swiss Insurtech Hub.
For those who follow us, even the inclusion of Aptus.AI in the Fintech Milano Hub of the Bank of Italy is nothing new, as the names of the 10 projects selected by BankIT was announced several weeks ago. For those who missed that... we recommend the article below!