SIX Fintech Ventures, the company enterprise capital arm of SIX Group, is searching for high-potential world fintech startups trying to turn out to be leaders of their fields and conquer the Swiss monetary sector.
The CHF 50 million funding arm, which at the moment counts six fintech firms in its portfolio, is trying to spend money on 20 to 30 early-stage fintech startups with a participation that usually ranges between CHF 300,000 to CHF 2 million within the first spherical, Maximilian Spelmeyer, senior funding supervisor, advised Fintech Information Switzerland.
Particularly, SIX Fintech Ventures is occupied with extremely scalable, early-stage (Seed to Sequence A) startups related for the Swiss monetary heart in a mid- to long-term perspective that make use of cutting-edge applied sciences, with new enterprise fashions and options and which provide a “superb customer experience.”
SIX Fintech Ventures considers startups throughout all verticals of the monetary trade although it does concentrate on retail banking, company and funding banking, asset administration and personal banking. The workforce invests alongside three thematic layers. First, options in every day commerce and transactions, which permit seamless invisible transactions embedded into on a regular basis digital life ecosystem journeys.
Second, alongside the layer of insights and relationships, enabling good personalised digital recommendation and distinctive insights from knowledge. Lastly, low-touch B2B infrastructure options, that are closely automated and environment friendly with low prices. Tech-wise, the fund is especially occupied with functions that leverage synthetic intelligence (AI), large knowledge, the Web-of-Issues (IoT), in addition to augmented actuality (AR) and digital actuality (VR).
The fund primarily focuses on two areas, Switzerland and Western Europe, although it might take into account different geographics if alternatives come up.
SIX Fintech Ventures distinguishes itself from different VCs in that the fund offers the value-added of a world agency along with monetary help. Portfolio firms obtain lively help and in addition get to leverage the group’s intensive community comprising SIX’s varied enterprise items and 122 shareholders, in addition to direct linkage to the Swiss monetary heart and entry to specialists from the F10 Fintech Incubator and Accelerator, a challenge initially began in 2014 by SIX and which the agency has remained actively concerned in since then.
Funding into 30 early-stage fintech startups planed
SIX Fintech Ventures’ present portfolio firms embody six Fintech Startups, meaning we’ll hear from SIX Enterprise extra information quickly as they purpose to speculate into as much as 30 Fintechs.
Vestr operates within the structured funding market, offering unbiased white-labeled business-to-business (B2B) software program that facilitates the creation and lifecycle administration of actively managed certificates (AMCs). Vestr graduated from the F10 Fintech Accelerator in 2017, and signed up Julius Baer as shopper in 2019, serving to the bank develop a platform for the administration of AMCs.
Expense Robotic makes use of AI to automate all bills and firm bank card processes, stop fraud, enhance worker satisfaction and permit for useful knowledge insights. Based in 2019, Expense Robotic went stay with a primary wave of consumers in September of the identical yr. Since then, the startup has landed famend world clients together with Swissquote, Kägi, Ameropa and SkyCell.
Zurich-based Tradeplus24 is a finech specialist lender offering versatile, simple funding to small and medium-sized enterprises (SMEs) trying to enhance their liquidity place by leveraging their home and worldwide receivables. Based in 2016, Tradeplus24 boasts Credit score Suisse as a serious investor, together with names equivalent to SIX Fintech Ventures, Berliner Volksbank Ventures (BVBV), and Credit score Suisse Entrepreneur Capital. The startup expanded to Australia in 2019.
PXL Imaginative and prescient
PXL Imaginative and prescient, a spin-off of the Swiss Federal Institute of Know-how (ETH), develop software program options for digital id authentication and buyer onboarding powered by newest pc imaginative and prescient, AI and VR/AR algorithms. PXL Imaginative and prescient is headquartered in Zurich, Switzerland, with R&D facilities in Novi Unhappy, Serbia, and Yerevan, Armenia.
Based in 2017, Archilyse is a proptech startup that gives holistic numeric structure evaluation as a simple to make use of software-as-a-service (SaaS) answer. Archilyse measures data-based architectural traits of actual property properties and offers these to challenge builders, architects, and asset homeowners, permitting them to optimize quite a lot of processes in the actual property value chain.
Value3 is a B2B fintech firm providing a capital market AI-platform for unbiased, predictive and totally automated credit score scores, analysis, ESG and analytics. The platform is utilized by buy-side funding and danger managers in capital markets, and combines monetary knowledge with unstructured on-line digital footprints, information, occasions, traits and patterns of the businesses from various sources to rework knowledge overload into actionable insights.