The first call of Fin+Tech, the three-year acceleration programme for fintech and insurtech startups launched by CDP Venture Capital, a joint initiative with Digital Magics, Startupbootcamp and Fintech District, closed with 16 startups selected.
Fin+Tech started with an initial endowment of € 1.65 million, fully subscribed by CDP Venture Capital, which in December 2021 approved a further € 2 million for subsequent post-acceleration follow-on. Co-investors and corporate partners in the project are SIA (Nexi group) and Credem, which contribute to the overall endowment of the accelerator, which today amounts to € 6.2 million. Other corporate partners are Anima SGR, Banca Mediolanum, BNL Gruppo BNP Paribas, BNP Paribas Cardif, Compass, Credito Fondiario, Excellence Consulting, Reale Group. Moreover, Consob is an institutional partner.
Fin+Tech provides the acceleration of 16 startups per year for a total of 48 startups in 3 years, which will benefit from an initial investment of € 48.500 as well as a 4-month acceleration programme. In addition, the most promising startups will receive a follow-on investment of up to € 300,000.
The following 16 startups were selected from over 300 applications, of which about 50% related to non-Italian companies:

Cents, a social impact platform that combines the donation experience with every purchase, connecting people, companies and financial institutions to the third sector.

Earnext sa, a comprehensive wealth management platform for financial advisors.

Exain, a blockchain-based platform for tokenisation and asset management.

Flowbe, the company that designed and engineered TENet (Trasted Exchange Network), the first interoperability platform that allows companies/operators/users to interact within specific processes in a natively digital and certified manner.

Icashly, a mobile digital banking app that simplifies and improves people’s financial affairs: pay, save, invest, and learn.

Ooki, a financial well-being app, enables users to optimise their credit risk level through open banking.

Politically, a platform that aims to make fundraising during election campaigns digital and transparent.

SplittyPay, a platform offering innovative payment solutions.

Aptus.ai, an innovative startup that makes banking regulations accessible in machine-readable format by applying proprietary artificial intelligence technologies to automate impact analysis in multi-language and cross-country contexts.

Coyzy, a mobile personal safety and violence prevention application based on crowd-sourcing, with the support of local communities.

Delega, a cloud-based fintech SAAS whose mission is to fully digitise the bank power of attorney process for medium and large-sized companies.

Fairsich, a startup that provides IoT solutions and software to assess a driver’s risk level in real-time, enabling dynamic pricing models in mobility.

Insurance4Music, the first broker entirely dedicated to the world of music, offers various insurance solutions through a digital platform, from insurance on musical instruments to event policies.

Lawing, a web platform that simplifies the process of selling financial products remotely, allowing banks and insurance companies to meet customers and prospects in video meetings, share documents and/or contracts with them and receive them digitally signed.

Open-Source Modelling, a startup that develops and delivers actuarial and/or risk models using open-source solutions.

TrueScreen, an app that allows you to certify photos, videos, screenshots, documents and audio recordings, guaranteeing with an extreme evidential value that any content generated by a smartphone or tablet is authentic and unchangeable.
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For more details on the Fin+Tech programme, visit: http://www.finplustech.eu