Digital District makes a firm commitment to the Fintech sector with the organization of the I Bootcamp Blockchain & Fintech Accelerator @ Alicante
Valencian Community’s Digital District will organize the first Bootcamp Blockchain & Fintech Accelerator in Alicante, which will take place from March 23 to 25 in the premises of Digital District with the participation of the main national and international finsurtech startups and multiple banks and insurance companies.
It’s amazing how much the financial industries have evolved. The way we transact business has never been smoother.
Financial companies are known for not being particularly innovative. But fintech startups have forced the industry to catch up. And partnerships between financial companies and fintech startups open even more opportunities.
Behind the scenes, insurance providers use technology that customers don’t see. They have traditionally been conservative in their technology choices. But now, insurance companies openly invest in advanced insurtech. As well as the startups behind it. And it’s becoming their way to compete and give a better service.
The way we do transactions (of all sorts) is changing. Technologies such as blockchain and AI have affected the way we do our banking, insurance, legal work, administration, investments, etc.
But I’m preaching to the choir. Many of you who read this are already part of the next wave of fintech. Or they have the new killer insurtech solution. Or you’re using using blockchain to make some current operation obsolete.
We have run 26 different collaboration programs in the past. And in many of them, we helped financial institutions run a corporate accelerator. Because of that, I often the get asked if “we are an accelerator”. And no we’re not: we have expertise in that area, but we are far from that.
In fact, because of those moments, I’m starting to hate the word “accelerator” a little.
But there’s an even funnier part. I often realize that people are confused about what accelerators are. So let’s take a step back, and start there.
We have done 26 programs so far, but still, each new program makes us as excited as if it was the first one. And the same thing happened again with our latest program: startup accelerator with OTP Bank.
Now it has already been a month since the Demo Day and the end of the program itself. While the collaboration still continues, it’s a good time to look back and reflect on what happened.
Three months of collaboration, innovation & results
Last summer when we started designing this accelerator, we mapped our partner’s OTP Bank’s needs with them – like we do with every collaboration program, be it for a bootcamp, a three-month accelerator, or continuous startup-innovation support. Read more »