The >>venture>> startup competition is a leading startup competition in Switzerland that aims to promote and support early-stage startups while fostering innovation and entrepreneurship. The competition comprises several industry verticals, and the Finance & Insurance industry vertical is one of the most recent ones, being added in 2019.
The finalists for the 2023 Finance & Insurance industry vertical of the >>venture>> startup competition have been announced. The following is a list of the most promising and innovative Swiss startups in finance and insurance (listed in alphabetical order):
Ascentys
Ascentys automates the ESG assessment and reporting of companies, turning what is typically a complex, frustrating exercise into an effortless experience. Ascentys’ SaaS based, automated ESG assessment and reporting allows for the smooth delivery of a clear, practical, actionable ESG assessment report outlining what customers do well and what they should improve. Simple, fast, accurate and cost-efficient.
Alquant
Alquant offers a software-as-a-service (Saas) solution for asset managers to create their own customized digital investment product showroom, transforming the way investment products are marketed.
Everon
Everon democratizes access to Swiss Private Banking by building an ecosystem to provide affluent individuals worldwide with professional financial services at scale. How? Through a mobile app with a fully digital onboarding, an awarded portfolio management engine and an API infrastructure for business partners.
Frigg
Frigg builds software to upgrade sustainable finance and streamline the financing workflow from origination, securitization, and financing to post-financing follow-up. Their target market consists of small to mid-sized renewable energy developers who struggle with manual, costly, and time-consuming financing processes. Frigg builds on awarded government-grants and strategic partnerships with renewable energy stakeholders to achieve its goals.
Grape health
Grape is the first Swiss fully digital employee insurance that invests in employees’ physical and mental health. Grape provides a faster service and more accurate pricing for customers based on new data points and machine-learning techniques. This allows Grape to invest into what matters most – the health of employees. Grape pays for prevention services for its clients and makes their teams healthier.
iAccess Partners
iAccess Partners gives qualified investors access to top-tier Private Equity funds on a fully digital basis starting with low minimal investment amounts. The investment opportunities, which are accessible through iAccess Partners and a specific CH-ISIN (bankable product), are multi-billion, top-tier, flagship Private Equity funds.
Mavuno
Mavuno is an Agri & FinTech startup empowering African smallholder farmers with satellite imagery and machine learning. Mavuno allows for sustainable farming practice, access to organic farm inputs and financing to drastically increase harvest yields. In 5 years, Mavuno aims to become an established pan-African platform with at least 1 million registered smallholder farmers as beneficiaries.
Sway Finance
Sway is a banking platform focusing on banking aggregation and invoice management. It enables clients to operate and monitor their liquidities, payments and invoices efficiently, thanks to artificial intelligence, giving real-time, money-saving and money-making recommendations.
The INGAGE Institute
The INGAGE INSTITUTE offers digital innovative solutions for insurance companies to effectively train their learners, employees and clients. Here, they focus on tools to increase customer value and to reduce customer acquisition costs. Their goal is to become the leading training company specialized in insurance within 5-7 years.
Yainvest
Yainvest helps banks and fintechs generate more investment returns for their clients with applied behavioural finance individual investor profiles. Here, the investment strategy selection is based on software as a service (SaaS).
The finalists will pitch their ideas to a panel of experts who will select the winner of the Finance & Insurance industry vertical. The winner will receive a prize of CHF 30,000 and the opportunity to compete in the final round of the >>venture>> startup competition.
The top 3 of each of the industry verticals are considered winners and will then compete in the final round of the competition, where they will be ranked and have the opportunity to win up to CHF 150,000 and pitch to the >>venture>> Advisory Board.
Overall, the >>venture>> startup competition is an excellent platform for early-stage startups to showcase their innovative ideas, gain exposure, and receive recognition and support from the Swiss startup ecosystem. The Finance & Insurance industry vertical finalists have some exciting solutions that could potentially revolutionize the industry, and we look forward to seeing who will emerge as the winner.
The winners will be revealed at the Award Ceremony on June 26, 2023 at the SwissTech Convention Center in Lausanne, Switzerland. The award show is free and open to all to attend. For more information, visit www.venture.ch.
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