08/26/2021 | News

Global accelerator F10 selects Sustema to participate in growth-stage program

F10 announced today that Sustema is one of 25 growth-stage FinTechs and InsurTechs selected from more than 350 globally to join their program. The goal is to accelerate post-revenue startups and facilitate successful collaboration with corporate partners.

Industry leaders SIX, Julius Baer, Baloise and Generali were amongst the companies closely involved in the scouting. Selection criteria included use cases for the financial services industry, proven customer traction, an enterprise-ready software product available for implementation and proven investor traction with a minimum of USD 500k secured. In addition, F10 announced that business models of companies selected in Switzerland, which included Sustema, had a special focus on sustainable finance.

F10 is a global innovation ecosystem of banks, insurers, consultancies and tech firms with offices in Zurich, Singapore and Madrid. Together with founding sponsor SIX, a global financial infrastructure provider and operator of the Swiss and Spanish stock exchanges, F10 unites tech startups with big business to shape the future of banking and insurance.