SIX to establish its FinTech incubator and accelerator F10 in Spain
SIX is partnering with newly acquired company BME to expand SIX’s F10 tech incubation program to Spain.
SIX today announces that it will be establishing its FinTech incubator and accelerator F10 in Spain, enabling an enhanced mobility of high-quality startups between Spain, Switzerland and Singapore.
With locations planned in the two cities of Madrid and Barcelona and activities in Bilbao and Valencia, SIX is partnering with newly acquired company Bolsas y Mercados Españoles (BME) to expand SIX’s F10 tech incubation program to Spain. This latest move is seen to deliver on plans outlined when SIX’s intentions were made public during the tender offer for BME. As part of this, F10 is looking for more local corporations and investors to benefit from its ecosystem and programs.
F10 offers established banks and insurers the opportunity to future-proof their technology by working with startups in FinTech, RegTech, InsurTech and DeepTech. Partners of F10 gain access to the latest innovations and the opportunity to test ideas in a global entrepreneurial environment. Since 2016, more than 100 banking and insurance tech startups from around the globe have completed the F10 Incubation Programme. Following the success of the program, in January 2020 SIX successfully expanded F10 to Singapore, where the first Incubation Programme is currently taking place.
F10 already supports Spanish talent in the form of BlackGull, a Fintech startup in its current Incubation Programme in Zurich. The Incubation Programme is set to kick off in Spain in March 2021.
