While promoting our accelerator programs, we get lots of questions regarding logistics, financing, or other parameters that might influence your decision. Here are some answers to the most common questions:
Do I need to relocate to the program’s location?
The accelerator program is on-site: it requires the founders to be physically present in the corporation partner’s premises. Building a fruitful collaboration takes time (many meetings, involving many people from the corporation, etc). You need to be ready to invest those 3 months in the collaboration.
During that time, we also help you develop your business better in many ways, which in turn helps you structure and define the collaboration. This also requires decision-makers from the startup (the founders and/or anybody that you decide) to be physically present. You need to be able to make strategic decisions quickly during the program.
Of course, we understand time or travel constraints Read more »
Türk Ekonomi Bankası (TEB) is a reputable institution in the Turkish banking sector operating with its more than 500 branches and about 10,000 employees throughout the country. Since its establishment in 1927, with its expanded network of branches and a diversified range of products and services, TEB has pursued operating in various fields of the banking sector.
In 2005, BNP Paribas, one of the strongest banks in the world Read more »
At first, saying so might feel a bit surprising, random even. Sure, there are some great success stories like Prezi, Ustream, LogMeIn coming from there, but calling the area the next big fintech market – maybe a bit too much. Except when you dig deeper you can see that it has many similarities with the current fintech leaders; in e.g. consumer mentality and environment, regulations Read more »
This is a guest post from one of our mentors, Petri Ekman. Petri is an experienced executive with a broad and in-depth experience in financing, financial and insurance products and risk management strategies for corporate clients.
Change Started Later than in Many Other Industries
During my 12 years in insurance, I used to hear numerous times the claims “there have not been any new products in this industry for 100 years” or “this is how we have conducted our business for 120 years, and so far things have been rolling rather nicely.” These arrogant-sounding statements were used to blunt ideas to get some change in, well, most anything.
In reality, a major shift had already taken place then. Many companies had started to drive down their expense ratios to improve the profitability of their insurance operation. Read more »
It’s time for more deals and more pilots! Taviq from our second Nordea accelerator has just signed a pilot agreement with Nordea Private Banking, going live now. And that’s awesome news for Taviq and Nordea, but even better for Nordea’s customers!
Taviq’s Juho Isola on stage with Nordea’s Chief Digital Officer Ewan MacLeod.
In Private Banking and wealth management, too many clients drop off during the first meeting. That’s because the first meeting is like a cold blind date. Except the customer and the wealth advisor know even less about each other. The first meeting is spent figuring each other out; if the wealth advisor even is the right one to handle their money. Read more »
Digital technologies have transformed the way we do… everything. And it continues to transform it, every day. We often read about new technology that looks like science fiction… but we’ve exploited only a fraction of the technologies available today.
On October 3rd and 4th I was lucky to take part in OTP Group’s Digital Meetup in Kecskemét. Participants included key people from OTP Group, from its 9 different countries. It also included partners that OTP Bank is working with – such as myself from Nestholma.
I got to see very interesting points of view on digitalization. Banking is going to change a lot in the upcoming years. And not only in the obvious ways. Read more »
Hurricane Ophelia decided to pay a visit to Ireland at the same time that we were visiting Dublin for an event about collaborating to make the best out of PSD2. And one can learn a lot from seeing how people react to a hurricane. In a way, dealing with a hurricane can be like dealing with changing markets. Change is like the wind, and when it’s fast and sudden, it’s a hurricane. The hurricane of disruption. Tweet this.