Stop using startups as innovation band-aid!

Posted by & filed under Accelerator, Corporations, Entrepreneurship, Innovation, Mentoring, Startups.

Most collaboration between startups and corporations shows very little results. The reason is that they are just trying to improve bits and pieces of, for example, the offering. That’s not enough. The winners will be the ones that can renew their attitude, learn to adapt and embrace the change. Startup collaboration is the best tool… Read more »

Forget consultants and fairs – startups are the biggest learning experience you can ever have

Posted by & filed under Accelerator, Corporations, innovating, Startups.

We are going through huge changes in technology and in the world in general. The future has never been this unpredictable no matter what industry you are talking about. Now is the last chance for big corporations to ditch their stiff structures and slow ways of working. To become agile and innovative like startups. That’s the recipe for success… Read more »

Good entrepreneurs are like dogs

Posted by & filed under Accelerator, Startups.

An old story; Plato asked Socrates to educate him. Socrates pushed Plato into the water and kept him there without oxygen. He punched and kicked to get free, but Socrates was a strong man and held him down. Finally, Plato blacked out due to lack of oxygen. Only then, Socrates pulled him ashore and resuscitated… Read more »

Global or Local Fintech Accelerator? YES.

Posted by & filed under Accelerator, Corporations, Fintech, Startups.

We have done 19 accelerators mainly for global companies. 1-3 locations at the time. Being inside the corporations’ offices with startups. It’s a must. That’s the best way to deliver co-developed innovations for banks and bank customers. Corporations also buy learning from us. Learning to become like startups. They also want to learn how to… Read more »

Y-combinator and Nestholma are as good

Posted by & filed under Accelerator, Investing.

…or equally bad. When the head of Y-combinator had invested into 720 startups, he said that he can’t predict which of his investments will be successful. We can’t either. Because these are already the best ones and they all should succeed. Out of 100 startups I have invested in, 3 are bankrupted and some are receiving… Read more »

One-night stands, dating and marriage – 3 phases of working with startups

Posted by & filed under Accelerator, Corporations, Startups.

I believe there are three phases of startup and corporation collaboration (all of which are needed by the way!): One-night stands, dating, and finally marriage. One night stands are the first contacts between startups and corporations. Mingling at startup events, arranging innovation competitions, hackathons and the like. These are needed for people to get first… Read more »

Nordea fintech accelerator successful

Posted by & filed under Accelerator, Corporations, Fintech.

Altogether 13 startups, 3 months. And in addition, we had one startup from Industrial Bank of Korea accelerator. We have learned a lot. Nestholma has now done 21 accelerators for large corporations and we are reaching the level that we know how to start the change in corporations. I would also say that Nordea has… Read more »

Feelingstream signs a big deal with Nordea

Posted by & filed under Accelerator, Fintech, Nordea, Technology.

Feelingstream was part of our first Nordea accelerator last year. They are currently working on 4 paid pilots, and are also well in their way of conquering the banking industry. They continued working with Nordea after the accelerator program, and now that collaboration has taken a big step forward: Feelingstream and Nordea have just signed… Read more »

What is Nordea Bank Accelerator about? Guest post by Collectly

Posted by & filed under Accelerator, Nordea, Startups.

This is a guest post by Levon Brutyan from Collectly, Inc. Collectly is one of our portfolio startups (Collectly.co). Collectly helps banks and businesses minimize losses on bad debts while keeping the customers loyal.They are part of the second Nordea and Nestholma Startup Accelerator batch. Originally posted here. Collectly is a web application that helps all types of lenders… Read more »