Press Release
3rd November 2020

FOR IMMEDIATE RELEASE

TITLE: NADIFIN FINTECH ACCELERATOR ANNOUNCES NEW 2020 COHORT

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Luxembourg - 3 November 2020 -- After 120+ applications from around the globe, the NadiFin Fintech Accelerator Program powered by MiddleGame Ventures, in partnership with Brown Brothers Harriman (BBH) and Standard Chartered, announces its latest cohort of 10 early stage fintech companies (summarized below).

10 of the most promising Fintech companies from around the world will convene virtually this fall in specially designed online workshops spanning two full weeks of instruction and one-on-one engagement with mentors, investors, and other startups. Are there any examples that the workshops cover we can share?

Pascal Bouvier, Managing Partner of MiddleGame Ventures, notes:

“We believe that NadiFin is an evolution for accelerator programs. First, it is investor-led and incumbent driven. Second, the peer-to-peer focus of the program is ideal for a startup team to fully digest and implement the curriculum. MiddleGame Ventures is delighted to build on the success of the 2019 program and welcome the second NadiFin cohort. ”

NadiFin features a bespoke curriculum to prepare entrepreneurs for scaling their businesses for profitable growth. The program is uniquely built from the ground up with experienced investor knowledge from MiddleGame Ventures, supplemented by key learnings from previous participants and input from financial services partners, including program sponsors BBH and Standard Chartered.

BBH’s Head of Digital and Data Services, Joshua Fine said, “We are excited to be part of the NadiFin incubator event again this year. Building connections with others in the ecosystem in support of our common clients is critical – we all need to be flexible, adaptable, and forward-thinking.”

BBH’s Head of Data Strategy in Europe, Adnan Khan added, “This program creates a level of partnership that goes beyond product – it starts with a foundational shared dialogue and is true mentorship.”

‘While this type of interactive learning and mentoring is always valuable, in the current economic environment start-ups will be greatly challenged and ensuring that strong solutions for real problems do not fall to the wayside is critical.’ - Dominic Maffei – SC Ventures Lead FM & UK.

The cohort will be immersed in a curriculum which integrates mentors, speakers, investors, and peers to help the companies grow to the next level across all of their key strategic vectors (i.e., value proposition, team, business model mapping, fund-raising, etc).

The cohort will compete in a trademarked peer-voting startup accelerator curriculum (powered by Village Capital), where participants rate the value proposition across key venture readiness metrics, leading to a €100,000 investment from MiddleGame Ventures.

“Fintech is playing an even more pivotal role in the sustainability of financial institutions. We are very happy at the LHoFT to support NadiFin as it helps to develop robust fintech businesses that can make a real difference to the future of the EU’s financial services sector,” comments Nasir Zubairi, CEO of theLHoFT.

The 2020 NadiFin Fintech Accelerator Cohort:

CardsPal

CardsPal is a one-stop credit card deals discovery platform that empowers customers to maximise savings.

Cledara

We standardise the way companies discover, buy, manage and cancel their SaaS.

FAC (Fund Admin Chain)

FAC is a digital funds network for launching and trading investment funds.

Greenomy

RegTech SaaS platform enabling Europe’s companies and institutional investors to comply with the EU's new Sustainable Finance standards, accelerating the transition to a carbon neutral economy.

Keyrock

Keyrock offers market making and liquidity provision services for financial markets.

Lacero

Policy engines for compliance, governance and control of Digital Assets and Data Objects.

Loancorp

Loancorp is a secure online Wholesale Banking loans platform accessible by Lenders, Bookrunner Banks and Borrowers.

Nayms

Smart contract platform for the placement, trade, reporting and settlement of insurance risk.

NextGate

Data-driven FundTech that provides innovative Software-as-a-Service solutions for the asset management industry.

SoCash

The platform to connect banks to retail networks enabling cash and banking services for consumers.

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About MiddleGame Ventures

Established in 2018 by Pascal Bouvier, Michael Meyer and Patrick Pinschmidt, MiddleGame Ventures (MGV) is a FinTech venture capital firm focused on backing world class teams creating transformative companies that will re-architect financial services for decades to come. MGV is headquartered in Luxembourg with offices in Dublin and Washington DC. For more information on the MGV team, strategy and portfolio, please visit www.middlegamevc.com

About Brown Brothers Harriman

BBH is a privately held financial institution that has been a thought leader and solutions provider for over 200 years. The firm serves individuals, families, businesses and institutions in its three business lines: Private Banking, Investment Management, and Investor Services. BBH’s culture of accountability fosters deep and lasting relationships built on commitment, adaptability and trust. The company is independent, selective, and specialized by design. BBH operates its global business out of seventeen offices located in New York, Boston, Beijing, Charlotte, Chicago, Dublin, Grand Cayman, Hong Kong, Jersey City, Kraków, London, Luxembourg, Nashville, Philadelphia, Tokyo, Wilmington and Zürich. For more information, please visit www.bbh.com.

About SC Ventures

SC Ventures is Standard Chartered Bank’s innovation, fintech investment and ventures unit. Focused on “rewiring the DNA in banking”, SC Ventures aims to develop an innovation culture and mindset, deepen capabilities and experiment with new business models through an open platform and network of people and partnerships. It runs an eXellerator innovation lab network across Singapore, Shanghai, Hong Kong, London, Nairobi and San Francisco. Standard Chartered has been actively experimenting with new business models to meet the evolving needs of its clients. Most recently, the Bank announced the official launch of Mox, its new virtual bank created in partnership with PCCW, HKT and Trip.com, to the general public in Hong Kong. It also set up a joint venture with Assembly Payments this February to develop and deliver next generation payment solutions and has built a digital open platform, Solv, to help Small and Medium Enterprises (SMEs) in India and other markets grow by providing access to financial and business services. For more information, please visit: http://scventures.io/

About The LHoFT Foundation

The LHoFT Foundation is a public - private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international Fintech community to develop solutions that shape the world of tomorrow. Senior executives from 13 leading private sector institutions sit on our board as leadership circle partners alongside representative from the Luxembourg Government, such as our Chairman, Pierre Gramegna, Luxembourg Minister of Finance, as well as leaders of the Luxembourg Chamber of Commerce, Luxembourg for Finance and PROFIL, the Luxembourg Financial Industry Federation.

www.lhoft.com

CONTACT

For further information and press queries please contact: Gene Murphy MD NadiFin Accelerator Program gene@nadifin.com