F10 Announces the World’s First Dedicated Climate Fintech Incubator in the Nordic and Baltic Countries

F10, together with its partners, announces the world’s first climate fintech incubator in the Nordic and Baltic countries, fostering innovative climate fintech and insurtech startups with solutions that increase the pace of innovation in the global transition to a net-zero society.

According to a recent F10 report analyzing data from over 400 climate fintech startups, enriched by collaborative partners Commerz Ventures and New Energy Nexus, there has been a significant shift in climate fintech innovation. For the financial industry, for all business sectors, and for society as a whole, the evolving field of climate fintech companies is enabling and accelerating this transformation.

The goal is to support these promising startups through training, coaching, and mentoring on a variety of topics to strengthen teams and secure successful business and investment opportunities. The program also provides the opportunity to meet, collaborate with, and invest in leading organizations, banks, corporations, fintech companies, advisors, and investors, all of whom have a need to find new solutions to improve sustainability and the climate.

Read more about the first dedicated climate fintech incubator in the Nordic countries and find the latest business news from around the world with the Born2Invest mobile app. Don’t waste your time scrolling the internet, download for free our companion app and stay on top of what matters to you.

Doconomy one of the first supporters of F10

Doconomy, one of the first supporters of the program, brings its unique experience in building a leading climate fintech on a global scale. Doconomy, based in Stockholm, Sweden, provides leading data services to individuals and businesses to inform, engage and reduce their environmental impact. As Doconomy continues to evolve its ecosystem to drive positive change, supporting the program is a natural step for collaborating with new emerging climate fintech companies.

The program spans six months and consists of five masterclasses, culminating in a demo day to celebrate the startups’ successes and showcase them to leading organizations, banks, corporations and investors. For deeper engagement and to become part of the thriving sustainability and fintech ecosystem, the program is held in multiple locations.

Anders Norlin, Head of F10 Nordics and Baltics, commented, “The region has developed a strong culture of innovation with a thriving ecosystem of tech startups leveraging the high rate of digitization and tech-savvy population. One area that has developed particularly strongly over the last decade is financial technology, with exponential growth. Together with sustainability awareness, this is creating a “green model” of integrating sustainability, technology and finance, paving the way for climate and green fintechs. We look forward to driving this forward with our new program.”

Climate fintech and insurtech startups that already have initial customer contacts and can demonstrate a prototype solution, MVP, or pilot project are eligible to apply for this unique program. The program will support early-stage startups to become business-ready and attractive to investors. Applications are open to startups from around the world that are seeking international reach and want to develop their business in a region with leading ecosystems.

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(Featured image by tap5a via Pixabay)

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