European FinTech Hackcelerator 2021-2023 [closed]

The European FinTech Hackcelerator is an international, tailor-made program for FinTech startups ready to conquer the ASEAN market.

For three consecutive years – in 2021, 2022, and 2023 – it was implemented closely with the Global FinTech Hackcelerator, organized as part of the Singapore FinTech Festival.

The program aimed to identify leading European green finance startups and support them in establishing business relationships and expanding to Singapore. Accelpoint, an international partner of the Global FinTech Hackcelerator, organized it.

your gateway to the asean market

Program closed

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What the programme gives you for free

Pitch at the Singapore FinTech Festival – showcase your business in front of global investors and industry leaders.

Win up to S$20,000 – receive funding to accelerate your growth.

Access the Singapore ecosystem – get support from institutions like Enterprise Singapore, Economic Development Board Singapore, and Block71.

Expand your business – benefit from a tailored acceleration program and soft-landing support via SG Investment Clinic.

Go for the grand prize – top European startups will compete for up to S$50,000 at the Global FinTech Hackcelerator Final.

[Acceleration Process]

The program, organized by Accelpoint in collaboration with the Polish Investment and Trade Agency (PAIH), connected innovative European startups with opportunities in Singapore, starting with the Singapore FinTech Festival – one of the world’s most significant FinTech events.

Selected startups had the chance to pitch their solutions at the Global FinTech Hackcelerator Demo Day, competing for a cash stipend of S$20,000 each and gaining access to world-class mentors, investors, and corporate partners.

[for whom]

#medTech

#cleanTech

#govTech

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FinTech startups with a market-ready solution

Offering innovative financial technologies that address real-world challenges, demonstrate strong scalability potential, and are ready for international expansion.

European startups ready to scale globally

With innovative solutions, a proven business model, and the ambition to expand into international markets by establishing strategic partnerships and leveraging new growth opportunities.product testing and prepare for commercialization. Fruitful cooperation during MVP testing is an opportunity for the public partner to become your first client.

Projects with fit to problem statements

Projects that align with the identified problem statements, offering innovative and practical solutions that effectively address industry challenges, demonstrate market potential, and have the capability to be successfully implemented on a larger scale.

FinTechs with a positive impact on the environment

FinTech startups that drive positive environmental impact by leveraging innovative financial technologies to promote sustainability, support green finance initiatives, reduce carbon footprints, enhance energy efficiency, or facilitate responsible investment and climate-conscious financial solutions.

[Who were we looking for?]

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[edition 2021-2023]

Meet the Winners!

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Algolytics (2023)

Analytics is a technology company based in Warsaw that specializes in providing a comprehensive data science platform that automates business processes and supports data-driven decision-making.
By leveraging advanced machine learning and artificial intelligence technologies, Algolytics enhances key business areas such as:

Credit scoring
Fraud prevention
Data quality control
Sales forecasting
Product recommendations
Marketing campaign optimization
Inventory management

The company offers a range of products, including AdvancedMiner, Automatic Business Modeler, and Scoring. One, and Event Engine, which helps enterprises modernize and streamline their business operations.
With over 50 successful implementations for major companies in Poland, Algolytics is a trusted partner in the financial, telecommunications, e-commerce, and logistics sectors, helping businesses increase revenue, reduce costs, and improve operational efficiency. (algolytics.com)

Check website

Evercity (2021)

A blockchain-based platform that automates the issuance and monitoring of financial instruments related to sustainable development, such as green bonds and carbon credits.

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Skyblu (2021)

Provides insurers and banks with alternative data for better risk estimation. Their new ai-based solution helps in much more accurate flood risk prediction.

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FQX (2022)

An eNote™ is an unconditional promise to pay a specific sum to another party at a specific future date. The eNote™ is based on Blockchain technology and can be flexibly sold and transferred to any third party.
FQX is radically facilitating trade finance and money markets by using eNotes, disruptive short-term financing, and payment instrument.

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Norblock (2022)

Norbloc specializes in Know Your Customer (KYC) and Know Your Business (KYB) solutions, focusing on improving customer onboarding and data-sharing processes. Their products, such as Sancus, Atlas, and Fides, help organizations streamline KYC compliance by offering secure, efficient, and transparent tools for data validation and sharing. Norbloc’s solutions are designed to reduce risks and costs while ensuring regulatory compliance, particularly in sectors like banking, payments, and legal services.

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WeavInsight (2022)

WeavAir Sustainability as a Service
WeavAir offers a digital platform for direct measurement, reporting and verification of greenhouse gas emissions for more effective ESG investment & energy transition implementation, financing & insurance.

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Pints AI (2023)

Pints.ai provides a secure, customizable financial research platform powered by artificial intelligence. It helps financial professionals automate tasks, optimize workflows, and gain AI-driven insights while maintaining data privacy. The platform supports the secure processing of sensitive data, offering solutions for risk assessment, predictive analytics, and AI model deployment. Pints.ai also provides bespoke services to AI product development and consulting in the finance industry.

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Toggle AI (2023)

Toggle AI, now known as Reflexivity, offers advanced AI-driven tools for asset management and capital markets. Their platform, Toggle Terminal, uses natural language processing to enable users to ask questions in simple language and receive data-backed answers. It helps financial professionals analyze and test market hypotheses, screen securities, and explore complex relationships. Toggle AI provides solutions for asset managers, wealth managers, and brokerages, focusing on productivity and data-driven decision-making.

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Visa Inc (2023)

Visa is a global leader in digital payments, offering innovative solutions to facilitate secure and efficient transactions. Operating in over 200 countries, Visa provides services for consumers, businesses, and governments, supporting digital payments, fraud prevention, data products, and analytics. With a history rooted in innovation, Visa aims to make digital payments more accessible and inclusive, focusing on financial inclusion, community support, and sustainability.

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about the previous edition

[ project closed]

The winners had the opportunity to showcase their solutions during the Global FinTech Hackcelerator Demo Day at the Singapore FinTech Festival, which served as a platform for establishing international business connections.

With this structure, the European FinTech Hackcelerator contributed to the development of financial innovations and supported the expansion of European startups into Asian markets.

[report from the previous edition ]