This is Fusion’s first FinTech accelerator program in Geneva, Switzerland, and the program has seen the participation of several start-ups coming from seven different countries.
The project claims that it aspires to bring together a large group of stakeholders.
For now, the project covers the following sectors:
- Big Data / Information
- Crowd-Funding / Lending
- (Digital) Banking
- Personal Finance Management
- Bitcoin / Blockchain
- Wealth Management
Created by Polytech Ventures, Fusion was launched in the month of February this year. Polytech itself is an early-stage venture capital firm based out of the Ecole Polytechnique de Lausanne in Switzerland.
The response that the program has got in its initial stages has pleased the company with Guillaume Dubray, partner at Polytech Ventures, saying that:
“We are delighted with the positive response we have seen to Fusion.”
Dubray further stated that the people at the company had initially felt that since it was the initial year hence, the number of applications would be low.
However, they were soon proved wrong as not only did the level of interest overwhelmed the company, but such was the response that it became ‘exciting’ even for the judges to select the 10 really worthy start-ups from all over the world.
Dubray also said