AWS launches ‘FinTech Loft’ in Stockholm

October 21, 2019 | Accelerator

Written by FinTech Alliance

AWS launches ‘FinTech Loft’ in Stockholm

Amazon Web Services has partnered with VC firm WellStreet to launch a FinTech loft in Sweden.

In Brief:

  • Wellstreet invests in early stage ventures of which some have a FinTech focus.

  • The loft involves a twoyear program for early stage startups within the FinTech, RegTech and InsurTech space.

  • Startups can expect between €50200,000 as well as access to mentorship and office space.

What does this mean?

The initiative also includes a banking partner which is soon to be announced. It will start with up to 10 investments in 2020. According to Wellstreet, the program aims to set itself apart from other incubators by being in “the driver’s seat”, helping FinTech build their minimum viable product and secure further investment.

Read more here.

 

More in Accelerator

Theta accepted into NatWest accelerator
Accelerator
March 11, 2020

Theta accepted into NatWest accelerator

FinTech Alliance company Theta has been accepted into the NatWest Entrepreneur FinTech Accelerator.....

DirectID Selected To Join Prestigious FinTech Programme

Posted By The Community

Accelerator
March 02, 2020

DirectID Selected To Join Prestigious FinTech Programme

DirectID has been received into the prestigious Plug and Play accelerator programme, designed to hel...

Written By: DirectID

Accenture FinTech scheme will support women in business
Accelerator
January 22, 2020

Accenture FinTech scheme will support women in business

This month, 20 companies were announced at the latest cohort for Accenture’s FinTech Innovatio...

Accelerator
June 04, 2019

The Launch of Accelerate and Mastercard's Fintech Journey

Mastercard speaks at Money20/20 Europe about the changing fintech landscape, the launch of Accelerat...

Code BEAM Lite Italy

Code BEAM Lite Italy

When: Apr 06th, 2020
Where: Centro Congressi, Bologna , Italy
Price: £919
ElixirConf EU

ElixirConf EU

When: Apr 29th, 2020
Where: Hilton Warsaw Hotel and Convention Centre, Warsaw , Poland
Price: £328
Code BEAM STO

Code BEAM STO

When: May 28th, 2020
Where: Munchenbryggeriet, Stockholm , Sweden
Price: £450