CDP Venture Capital’s Accelerator Fin+Tech Announces the Selection of 14 Startups for Its Third Acceleration Program

Fin+Tech, the fintech and insurtech accelerator of CDP’s National Accelerators Network, is excited to announce today the 14 startups selected for its third acceleration program.

Established in 2021 by CDP Venture Capital SGR in collaboration with Digital Magics, Startupbootcamp,  Fintech District, Credem Group, and Nexi, Fin+Tech aimed to foster, over 3 years, the development of  innovative startups and SMEs to help consolidate the fintech ecosystem nationally, making it increasingly attractive overseas.

After the Demo Day on March the 6th, 14 startups were selected: Dichiarofacile, Dishup, Dwelly,  Doorway, Elemento, HEU, Holo.finance, Ilmiobroker, Intrusa, Inpoi, Loyale, Teamgroove, Veridis, and  YunoAI. Selected for their market potential, completed a 4-month acceleration program which  included a service package and investments of up to €300,000 along with concrete and ongoing  mentorship support to compete in the market and prepare for additional funding.

Over the years, Fin+Tech received over 1,100 applications from 60 different countries; nearly 600  applications were submitted by international players, with 220 startups coming from outside Europe,  underscoring a significant interest in Italy as a target market. In the last 3 years, the accelerator has supported the growth 41 startups, which have collectively raised €10m, and initiated 25 collaborations  with the corporate partners of the initiative.

Stefano Molino, Senior Partner at CDP Venture Capital SGR and Head of the Accelerator Fund, commented: “With the Fin+Tech accelerator we have generated a systemic action aimed at growing  the Italian ecosystem of insurtech and fintech start-ups. We are extremely satisfied by the interest the  project has received from both the start-ups and the numerous partners that have joined this initiative.  We have worked with promising realities and with entrepreneurs who are motivated and determined  to innovate the finance sector. CDP Venture Capital will continue to build opportunities to help the  most valid entities and entrepreneurs in the journey to success”.

From a highly competitive pool of applicants, the following 14 startups were selected to participate in  Fin+Tech acceleration program:

– Dichiarofacile: with the proprietary platform “DOMESTICO”, it digitises and simplifies the  entire management flow of domestic workers. Guided drafting of the contract, formalisation  of the contract with one click, automation of tax management, notifications on deadlines,  simplification of payments, management of multiple collaborators are some of the features  that characterise the innovative product that aims to revolutionise the market.

– Dishup: cloud platform for restaurants that offers professional tools for managing sales,  production processes and smart payment solutions that can improve the customer experience  and performance of the retail.

– Dwelly: aiming to revolutionise condos management through an all-in-one platform for  building managers and condo dwellers. Dwelly simplifies communication and enables in-app payments towards condominiums and third-party services thanks to its embedded finance  solutions.

– Doorway: European platform, undergoing Consob authorisation, based on DLT (distributed  ledger technology) to issue, place and trade financial instruments, equity and debt, issued by  startups and SMEs, as security tokens, taking advantage of recent Italian and European  regulations (DL Fintech, European Crowdfunding services providers and DL Capitali).

– Elemento: fintech active in multicloud. Through its proprietary platform it connects public  clouds and on-premises infrastructures to create advanced cloud solutions.

– HEU: HEU is a contract lifecycle manager for small and medium-sized businesses that allows  companies, startups, and professionals to create with AI, automate the compilation, and e sign contracts in a simpler and faster way, thanks to an easy-to-use platform.

– Holo.finance: SaaS platform designed to support freelancers. The platform automates and  simplifies the administrative and bureaucratic management of the business, leaving the  Freelancer time to focus on its work. From the dashboard, the user will have total visibility of  its key metrics and will be able to automate active cycle activities such as: sending a quote  with e-commerce style automated payment checkout, managing multiple bank and payment  accounts through open banking, managing payments from the client for its recurring services  through Sepa Direct Debit, automation of electronic invoicing. Forget about bureaucracy,  forget about making invoices by hand, Holo will take care of everything!

– Ilmiobroker: software that uses AI to identify the most suitable insurance cover for you based  on your specific characteristics in a matter of minutes.

– Intrusa: Cloud platform for cybersecurity and IT compliance, specifically designed for SMEs.  Through event and system access monitoring, anomaly detection, and security assessment  features, it enables SMEs to elevate and maintain their cybersecurity and regulatory  compliance levels.

– Inpoi: propTech startup that through an AI-based comparison algorithm performs online real  estate valuations. The ‘goal is to make Inpoi an Italian benchmark for informed real estate  buying and selling.

– Loyale: rewards marketing platform that can be used to acquire and retain customers.

– Teamgroove: data driven people management platform supported by AI that helps project based organizations optimise results while maximizing team engagement. By combining  performance analysis with “human metrics”, the tool provides a holistic vision of projects,  focusing on people and the value they represent for the company.

– Veridis: Veridis is a payment service that utilises a dynamic QR code to enable transactions  anywhere, without requiring registration from the end user.

– YunoAI: AI driven Business intelligence Platform that enables Private Equities, Venture capitals  & other startup ecosystem players to source, screen and conduct thorough due diligence on  target companies. YunoAI platform improves accuracy in Competitive & Market Analysis,  generates automated reports, notifies the users on companies’ key updates & finally provides  insights on investment fit and company’s health, innovation, founding team & others.

Nexi, BNL Gruppo BNP Paribas, BNP Paribas Cardif, Banca Mediolanum, Reale Group, Compass, Net  Insurance, Intesa Sanpaolo, Intesa Sanpaolo Vita, Credem, Banca Sella and Banca Ifis are the Corporate  Partners that have renewed their support for this edition of Fin+Tech. Consob is an institutional partner  of the initiative through the Consob Tech working group.