As the name suggests, Fintech Factory is looking for ambitious startups within the fintech and insuretech industry. The company doesn’t have to come from Norway and they take in startups from all over the world.

Experience

The was launched September 5th 2016. They usually run two programs each year. Fintech Factory takes place in modern office facilities at House of Startups, located at Telenor Area in Oslo.

How much do they invest?

Selected companies and entrepreneurs may receive an investment of up to NOK 250.000 in seed funding. Investments are made in return for 5-12% equity, negotiated on an individual basis. 30% of the investment is detained as a program fee to help cover housing and other program costs.Throughout the program you will be connected with great business mentors, market experts , as well as seasoned entrepreneurs and investors.  

How do they work?

To apply for Fintech Factory, please use their online application form.  You are not required to send a business plan. However, you are welcome to send a slide dexh, max 10 slides along with you application.

This makes a difference to them

They are looking for passionate entrepreneurs with a great idea, early product or scalable concept who want to accelerate development, find first customers and partners/investors and are seeking tech and business advice.They look for great, balanced teams who have a full range of skills.

Key People

Ingar S. Bentsen - Co-founder & Partner
One of the founding partners who established Fintech Factory in the beginning of 2016. Ingar has also helped found House of Startups and Qapital.
LinkedIn

Hans Christian Bjørne - Program Director
Has is a Nordic entrepreneur and angel investor with a passion for helping startups, and facilitating corporate-startup collaboration and innovation. He helps startups scale fast by connecting them with customers, partners, investors and mentors.
LinkedIn

Startups they funded

Enin, Zeipt, ValueCapture, and mInvoice.