The acceleration program will run from October 2019 through February 2020 at several Swedbank office locations in Vilnius, Lithuania. We, as well as 7 other groups that were selected among 200 startup applicants, will receive up to 50K EUR initial investment with follow-on possibility, modern office space and intense mentorship driven program. It will have two tracks: a longer program for startups that need to fine tune their product-market fit, and a shorter and more intense program to startups with monthly recurring revenue above 5K EUR.
Furthermore, we are among the five startups chosen at the pre-product market fit stage and have received our 50k EUR initial investment from #SWGMafia.
Swedbank has been supporting Wise Guys Fintech programs since their inception.
The first two programs were run in Riga and hosted at Swedbank Latvia HQ co-working DoBe, and Swedbank will be a strategic partner for the third program as well.
Both Swedbank and OP Bank will provide international mentors and potential pilot projects with the best fit new businesses from the accelerator.
On top of mentoring during Regulatory Week, law firm Sorainen will also provide free-of-charge initial support in Fintech licensing.
As part of Google Developers Launchpad, Haslle, as well as the other startups, will be eligible for Google Cloud and Firebase credits, as well as additional product related help and mentoring.
While these benefits are solely for those startups (including Haslle) participating at the Wise Guys Fintech program, there will be regular events open to the ecosystem and organized together with ROCKIT – SWG + ROCKIT Masterclass.