Fintech

Fusion, a fintech accelerator based in Switzerland, has opened applications for fintech startups.

The accelerator programme is open to participants from anywhere in the world specializing in areas such as asset and wealth management, insurance and commodity trading.

“Fusion is accepting applications from startups from all over the world, not just Switzerland,” said Guillaume Dubray, Managing Partner at Polytech Ventures, the company that launched the accelerator programme back in February.

Fintech Fusion is designed to bring together fintech start-ups and companies for a 12-month programme focused on the go-to-market phase. The accelerator programme will host between eight and ten startups in Switzerland for a 12 months programme and states “it takes no upfront equity stake in the startups it accelerates.”

Fusion told TechCabal that startups from other countries, that are selected, will be assisted to relocate to Switzerland to participate in the programme. Startups will bear relevant relocation expenses but will be assisted by Fusion to secure work permits, locate accommodation and provide other help in spots that foreign entrepreneurs might find tricky otherwise.

Interested applicants should check here for the criteria required to participate or get more information from the official event website. Applications will close by July 15 while the accelerator programme starts by October 1, 2015.

Fusion is Switzerland’s first fintech incubator, and was launched in February 2015. The incubator is a creation of Polytech Ventures, a venture capital firm based out of the Ecole Polytechnique de Lausanne (EPFL), Switzerland.

Olumuyiwa Coker Author

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