Switzerland-based accelerator FUSION has opened applications for the second edition of its year-long dedicated fintech programme, encouraging applications from innovative entrepreneurs from across the world.
Approximately 10 startups will be accepted into the second cohort of the FUSION accelerator, which aims to support startups in moving from a beta product to a revenue generation stage.
The programme features workshops and training, and participants are throughout supported by a network of mentors, experts and partner companies that provide startups with the resources they need to accelerate their development.
Unlike many incubation programmes, FUSION does not take equity in participating startups; but the accelerator also does not provide funding.
According to programme director Sebastien Flury: “The aim of FUSION is to create a thriving ecosystem of fintech startups, which will boost and reinforce Switzerland’s reputation as a financial hub.”
Disrupt Africa reported last May the first FUSION programme launched, inviting applications from ambitious fintech startups worldwide. Flury told Disrupt Africa the incubator considers Africa to be “the main land of innovation in mobile payments”, and as such applications were encouraged from African mobile fintech startups.
This year FUSION is especially interested in B2B (business to business) companies working in areas such as asset and wealth management, blockchain, risk management, cybersecurity and data privacy, as well as insurance and commodity trading.
To qualify for the programme, startups need to have a working prototype and have a big market potential.
Applications can be made here, until June 12; for an October start.