Accelpoint and its partners Santander Bank Polska, AXA Partners, and Santander Consumer Bank are inviting applications for the AccelUp acceleration program. Enrolment for the third round of the program ends on 30 June. AccelUp is a program that brings together global corporations and mature fintech and insurtech startups. Applications are invited at www.accelpoint.pl.
“Support offered under the AccelUp program is highly regarded by startups participating in the previous two rounds of acceleration. More startups are invited to apply. Our partners have defined their expectations in detail so that we know what kind of innovation they are looking for. That way, we can offer a truly outstanding success rate of implementing startup solutions and developing relationships with technology recipients in our program. In this round, we will focus on areas such as big data & machine learning, AML/KYC, security, client onboarding, digitization, business process automation and optimization, innovative loan and insurance distribution channels, and new products and services for retail and SME clients,” says Maciej Majewski, Head of AccelUp Acceleration at Accelpoint.
AccelUp participants receive up to PLN 200,000 in funding and over 100 hours worth of business know-how through consultations with leading market experts. The startups will also have an opportunity to tap into a wide networking base, including an opportunity to give a presentation to global investment funds. AccelUp is a non-equity program, where the startup retains all shares after the acceleration program is completed.
The program is addressed to startups with minimum viable products. Companies receive support in tailoring their products to the partners’ needs at the first stage of acceleration and test the products on the partner’s infrastructure and run a proof of concept at the second stage.
Dariusz Paczewski, Digital & Innovation Leader, Santander Bank Polska
“Our partnership with AccelPoint in the acceleration program gives us a safe environment for testing startup services and consequently increases our chances of delivering innovative solutions to our clients. The third round of acceleration is an opportunity for us to verify more solutions, and the current market situation allows many innovations to occur and can change the value of existing solutions. Understanding our clients’ needs has never been more important, which is why we hope to meet our clients’ expectations together with the startups.”
Maciej Dąbrowski, Head of Strategy & Innovation Department, Santander Consumer Bank
“Being a leader in the Polish consumer finance market, we’re aware that online banking is the future. This is why in the third round of the AccelUp program we’re looking for startup partners to implement new forms of payment and financing across online channels. We also want to find partners to more effectively help Poles put their plans into action through online cash loans.”
Łukasz Hejkowski, Sales Director Poland, AXA Partners
“We can see great potential in partnership with startups. We focus on innovations that translate into a positive customer experience across all touchpoints. Our main areas of focus currently include travel insurance and assistance, consumer electronics protection, and healthcare.”
Previous AccelUp rounds
To date, Accelpoint has launched two rounds of the AccelUp program. The first round of acceleration was completed by Vizum Lab, NMT Co., Ltd., ESCORAL, Alphamoon, NU DELTA, Symmetrical Labs, Al Busters, Limitless, PBG Management, and Tricks (Tutorialonline.pl). The second round of acceleration is underway and includes participants such as AdEmotion, Revdebug, Loyalty Tool, BillTech Group, Cashy, Quantum CX, DiscoArmor, Gadgector, ClinicHunter, CognitivX, Nextep Technologies, and Plenti.
The program is conducted in partnership with the Polish Agency for Enterprise Development (PARP). Accelpoint received funding under the Smart Growth Operational Program, Measure 2.5: Acceleration Programs.