Posted by & filed under Guest blog, Human Resources, Innovation, Programs.

A perspective for younger people to break the chains of Covid-19

Slowly we are getting out of the immediate effects of the Covid-19 crisis, but the situation is far from being under control. We are still missing effective medication and vaccination. Also for mid to long-term effects on society, economy and labour markets we still can make informed guesses only.

What we already see is a sharp drop in new job opportunities particularly for younger people. Close to the end or having already finished education, apprentice ship, university they were eager to start a new chapter in life. But companies have stopped hiring and it is not to be foreseen when they will restart.

What to do now? Many younger and older people ask whether they have the right skills and competences for new realities today and even more for the future. Thus, it is helpful to look at a framework of principles developed by Adapt2Digital ( These principles can serve as a great anchor for orientation. They point to where we all should develop skills and competencies that help us for the future.

No surprise that DIGITAL is key! Not everybody can/needs to be a programmer. But everybody must have skills and knowledge about technologies and how they work. Above all how to create better outcomes and more meaningful experiences.

The current situation is a showcase for the need of being ADAPTIVE! There is never one way only to look at things. We are living in times where the „AND“ prevails. Who is able to use a classical/traditional AND a digital approach will be more successful. Resilience is an other key feature we need now, yet, it is not enough! For the future we need resilience AND skills to experiment. We got to improve our competencies that enable us to think big, start small and learn fast.

Staying CONNECTED and OPEN is another area to have a look at. It is about the connection between people and people, people and technology, people and things. For youngsters it seems to be much easier to connect to technology or to the internet of things than for older people (and I am aware of using a stereotype …). But, what’s about the connection to people? Getting information from people in the same social networks only is risky. In times like these nobody can claim to know it all. It is about diversity and collective intelligence. Learning means to get opinions and current knowledge tested, challenged, and adjust it. Being connected, is not enough by itself! It must go along with active sharing and collaboration, being open by default!

In our lives we always have to make decisions! Skills how to take decisions and being aware of the „human mechanics“ that influence this process, are critical. Yet, at the same time it is very important being DATA INFORMED. This means to make decisions on meaningful data. We are living in times of fake news and AI creating images somebody else wants us to see. Thus, it is a must to develop skills to and acquire knowledge how to analyse and validate data and find the true source.

We all to learn from situations in the past. But there are situations like Covid-19 that did not occur in the past. We are not to forget about the past, but to a much bigger extent must have a FUTURE FOCUS. Keeping an eye on what is ahead and having an outward and forward focus should be a better approach. We see the accelerating speed of how technology develops. How things were done in the past gets much less relevant for how things need to be done in the future.

Many younger and older people find themselves in difficult situations. Especially in those it is important to have an AUDIENCE FOCUS. Fight the „natural“ reaction of retreat! Get out and connect to all possible audiences. Let them know about your skills and competencies. Identify your potential customers and their needs in a broad sense. It is critical to connect to our humanity. What was called „soft skills“ in the past, will be „power skills“ in the future. This means communication, interpersonal skills, empathy continue to be important in any setting of human interaction.

With Nestholma’s new strategic direction there will be opportunities to utilize the described framework in the great new entrepreneurship program.  All designed to help young people building their solid basis for an entrepreneurial career.

Rudolf Vogl, Founder/CEO of Smartbird,

About the writer

I have spent my professional live in public service and then in three different types of industries. The last 15 years I was heading the corporate HR function for a big bank. Now with “smartbird” – still in formation – I have started my journey into the digital age. As a “baby boomer” I want to proof that a digital mindset is not matter of age. And with repositioning soft skills into power skills I want to develop managers and organisations for future and return and beyond.

Rudolf Vogl, Smartbird
& Nestholma Mentor

Posted by & filed under Accelerator, Global Fintech Accelerator, Press release, Programs.

Press release, Alicante, January 17, 2020

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.

Read more »

Posted by & filed under Featured, General, Press release, Programs.

At Nestholma we believe in proximity. Employees of financial institutions and entrepreneurs need to stay close to learn from each other. We need to be there as well, to make sure collaboration happens productively.

But…  fintech startups are born global. Fintech startups are not bound by national borders. They need to look past the few big players in their country and build a network of international connection early on.

Tough combination, right?

It seems like we must be everywhere at once. And even worse: financial institutions are expected to keep up with everything that’s going on!

In order to be closer to the financial and fintech ecosystems in Southern Europe and Latin America, we’ve decided to open an office in Spain. Read more »

Posted by & filed under Accelerator, Banking, Featured, Fintech, Programs, Startups.

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 »

Posted by & filed under Accelerator, Banking, Featured, Fintech, Global Fintech Accelerator, Programs.

Collaboration between startups and corporations is not easy. Most attempts to cooperate actually fail. There is a cultural divide between their two worlds. This why you need a mediator who understands both of those worlds: to make the collaboration a win-win for both the corporation and the startups.

Luckily, our area of expertise at Nestholma is exactly that: collaboration. Turning it into an actual business. Making the magic happen. “Banks and startups speak a different language”, says András Fischer, Head of Retail Innovation. “We need an interpreter”. Tweet this. And we’re proud to say that they have chosen Nestholma as such an interpreter.

But what does Nestholma bring into the mix for the startups and the corporation, as an acceleration partner? Read more »

Posted by & filed under Accelerator, Banking, Fintech, General, Programs, Startups.

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!

Juho Isola on a MoneyFintech panel with Nordea's Ewan MacLeod.

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 »