F10 is a global innovation ecosystem with offices in Zurich, Singapore, Madrid, and Barcelona. Its incubators and accelerators cover the fields of Fintech, Insurtech, Regtech and Deeptech.
According to BME, the program is to accelerate startups with a post-investment and allow them to build successful collaborations with BME strategic partners and Renta 4 Banco in Spain and innovation partners, R3 and Julius Baer. By providing access to the F10 sandbox, selected startups will access support from mentors and coaches, brand exposure through F10 channels, access to their global network and office space.
BME states that in the Wealthtech realm, they see opportunities particularly in digital brokerage, portfolio management, crypto finance, digital assets, and sustainability.
Regarding Regtech, they see the need for innovative solutions in KYC, AML, Regulation-as-a-Service, and digital identity.
Miguel Jaureguizar, Director of Digital Development for Renta 4 Banco, says they have been working a long time to strengthen collaboration in the Fintech ecosystem including open banking and digital assets:
“All of this is currently the core of our innovation development, with a special focus on specific lines such as Wealthtech and Regtech. Both the support of technology in wealth management and regulation are fundamental elements of our industry, and it is essential to use them as a lever in the construction of new services for investors. Being part of the global F10 ecosystem and working closely with innovative startups in the fintech space is tremendously enriching for Renta 4 and we are very excited about the projects we have underway and those that will be launched during this year.”
Berta Ares, CEO of BME Inntech, states they are committed to the continuous evolution of their Regtech and Wealthtech services.
“F10 is a great opportunity to identify potential collaboration opportunities. “