The Factory | Startup Day - Fintech + Open Banking
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The Factory | Startup Day - Fintech + Open Banking The banking industry is up for disruption, or in the process of being disrupted as some might say. On May 22nd fintech-startups and incumbents met at Kulturhuset to discuss open banking and show examples of how new services will shake up the game.
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The Factory | Startup Day - Fintech + Open Banking
- 1. Accelerating fintech startups Hans Christian Bjørne, Program Director, TheFactory
- 3. We want to help startups succeed Founders top stated reasons for their failures: • No market need (42 %) • Ran out of cash (29%) • Not the right team (23%) • Got outcompeted (19%) Source: CB Insight Post Mortem Startup Study 2014
- 4. Mentors Angel & VC Investors Industry partners Tech & competence partners Product-Market Fit First Customers Seed Investment 12 weeks
- 6. Insurance partners Main partners Bank partners Tech & Competence partners Alliance partners TheFactory Partners
- 7. Opening night Welcome to Demo Day 8th June!
- 8. Join our fall program, starting 14th September Looking for startups in: • Fintech • Insurtech • Regtech/Legal • Tech (AI / Blockchain etc.) May - August interviews 3rd August Deadline Selection Apply now at www.thefactory.no
- 9. Investor ? Startup? Partner? Contact us: hello@thefactory.no ! Mentor? Confidential, © 2016, Qapital AS
- 10. Thank you! Hans Christian Bjørne, Program Director, TheFactory
Notas del editor
- Hans Christian Bjørne Program Director at TheFactory, Norway´s first fintech accelerator & incubator: FOR ENTREPRENEURS BY ENTREPRENEURS
- We sure live in exciting times with rapid change! PSD2 will drastically change the landscape of finance. PSD2 will level the playing field of finance and allow: - New entrants to take part in the value chain of financial services. Innovation will be made not only through disruption, but more likely in the intersections of The established and the new. As a fintech accelerator and incubator, we work everyday to build a stronger ecosystem for fintech in Norway. This is why we, together with Oslo Business Region, invited you all to this StartupDay on Fintech + Open Banking Which we hope will spurt interesting debates and trigger new connections.
- WE GIVE OUR STARTUPS: Better awareness about their business and market Access to first capital and angel investors Faster market access to first customers and partners Network & guidance by mentors, industry experts and partners
- After starting operations last year, we have helped 17 startups and invested in 8. Here are the spring finalists: LucaLabs ... Using AI to reduce the burdon of accounting Bizbot... Making it easier than ever to set up and manage a company DigiPig... The digital pigibank that teaches your kids to save Bolink... It´s never been easier to sell your appartment Tillit.... Introducing what insurance lacks – trust between user and provider
- Through TheFactory you get instant access to a great rig of potential customers, industry and competence partners.
- We hope that you will enjoy this session on Open Banking, will make new and fruitful connections.
- We have a large network of experienced mentors with lots of passion for entrepreneurship. Including Vertical Experts in f.ex. Banking, Payments, Investments and Insurance. We have Horisontal Experts in Sales, Marketing, UX Design, Tech Development, and more. And seasoned entrepreneurs The mentor network is growing and we are always looking for great mentors