The 6 startup Fintech and Insurtech winners of the "Magic Wand" acceleration program

Digital Magics, the most important incubator of "Made in Italy" digital startups, active throughout Italy and the BNL partners BNP Paribas Group, Credito Valtellinese, Ersel Investimenti, Innovation Center of Intesa Sanpaolo, Innogest, Poste Italiane, SellaLab, SisalPay, Reale Mutua di Assicurazioni and UBI Banca have chosen the 6 startups that access the second selection of "Magic Wand": the FinTech and InsurTech acceleration program.

#InvestFT, Axieme, Coverholder, DIAMAN Tech, Moneymour and MyCreditService - that after the first two months have achieved all the objectives and performance set, presenting interesting strategic business plans - win a second grant of 15.000 Euro, will conclude the 6 months of the path of mentorship and will be protagonists of the Investor Day of "Magic Wand", exclusive event with the most important international and Italian investors.

The Italian center of excellence "Magic Wand" aims to innovate the finance and insurance sector, thanks to the system alliance of the most important market players, which is accelerating Italian startups FinTech and InsurTech, providing economic and advisorship support for the development of scalable models capable of competing at an international level.

More than 100 are the hours of qualified digital training that the founders of "Magic Wand" startups have received from more than 20 experts in finance, marketing, legislation, "growth hacking", platforms and digital interfaces, such as Raffaele Gaito, Thomas Bertani, Massimiliano Davoli, Pierluigi Casolari, Leandro Agrò and Massimo Boraso. A special session was also organized by Invitalia, the National Agency of the Ministry of Economy for attracting investments and business development, on incentives and incentives for startups.

The winning 6 startups will continue to be followed by 10 partners of "Magic Wand", market leaders who have provided their skills and experience, from the dedicated team of Digital Magics, mentor and advisor, who are deepening various issues aimed at increasing business in European and global markets.

THE 6 STARTUP WINNERS OF "MAGIC WAND" IN BRIEF

  • #InvestFT is a robo advisor for alternative finance investments. Video interview.
  • Axieme offers an innovative service to provide insurance with a social mechanism. Video interview.
  • Coverholder has created a platform to simplify, integrate and customize the insurance brokerage process, making it autonomous. Video interview
  • DIAMAN Tech develops technological solutions for the world of asset management. Video interview
  • Moneymour it is a payment method for e-commerce: it allows you to receive instant loans for online purchases and then pay in installments. Video interview
  • MyCreditService has developed an invoice trading platform able to manage the entire cycle of working capital of companies, from the sale to collection. Video interview

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Digital Magics, listed on AIM Italia (symbol: DM), is a business incubator of digital projects that provides consulting and acceleration services to startups and businesses, to facilitate the development of new technology businesses. Digital Magics, Talent Garden and Tamburi Investment Partners have created the most important national innovation hub for DIGITAL MADE IN ITALY, offering innovative startups the support to create successful projects, from concept to IPO. Digital Magics has always been a partner of excellent companies with its Open Innovation services, creating a synergistic bridge between companies and digital startups. Incubation and acceleration services by Digital Magics are active on Talent Garden coworking campuses throughout Italy. Complementary to services are investment activities, which have produced over the years a portfolio of over 70 investments in startups, scaleups and digital spinoffs with high growth rates. Accelerated companies are joined by the team of Digital Magics, partners of great entrepreneurial and digital experience, and benefit from the wide network of private and institutional investors who support them through the "club deal", and the many partner companies that support them. industrial level.

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The 6 startup Fintech and Insurtech winners of the "Magic Wand" acceleration program