Join the Wise Guys Fintech 4 accelerator program

Starting October 2020

Why Fintech Accelerator?

After successfully completing the first three Fintech focused accelerator programs in the Baltics, Europe’s leading B2B accelerator is gearing up already for the fourth Fintech program to be run from Vilnius, Lithuania.

We are looking for Fintech, PropTech, RegTech, InsurTech, Analytics and Cybersecurity startups and can accommodate the needs of early-stage teams and also more mature teams with MRR above 5K EUR. While the idea and product, of course, is important, we are mostly looking for solid & passionate teams with global ambitions and the power to execute!

At Startup Wise Guys we’ve been accelerating startups since 2012 with already two major exits from our portfolio and an overall startup survival rate of 77%. Having worked with 30 Fintechs already – well, we have what it takes to help Fintech startups GO BIG!

Applications are open until August 28! 

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Pre product-market fit

55.000 € investment + program
(for up to 9% equity)

+ follow on possibility

For startups with:

– MVP in place

– up to 5K EUR MRR

Post product-market fit

Up to 100.000 € investment + program
(for up to 9% equity)

+ follow on possibility

For startups with:

– more than 5K EUR MRR

Benefits

Access to our follow up funding and network
Dedicated Fintech mentors and tailored to the startup needs
Dedicated coaches within more than 12 focus areas
Support for registration and licensing (if required)
Ongoing portfolio support after acceleration
Free modern office space during the program
Yearly alumni gathering (SWG getaway)
Perks (AWS, Google, EIT Digital etc)

Accelerator Timeline

Wise Guys Fintech accelerator consists of an up to 5 month intensive full-time mentoring program in Vilnius combined with online modules. Mentors are specialized in financial service industries, and the program curriculum focuses on idea shaping and validation, business development, sales, Fintech regulation, and fundraising. But don’t worry – our Geek Squad will keep your developers challenged and busy too!

Applications Open

May - August

Startups can apply online and catch the Wise Guys Fintech team for a chat, office hours and free mentoring at events. Follow our Facebook page for updates on upcoming events.

Selection Bootcamp - September

Our selection committee, consisting of investors, Fintech mentors, and Wise Guys Fintech team, will select up to 25 startups who will be invited for the 3 day Selection Bootcamp.
Program Starts

October - November

In the first month of the accelerator program startups are exposed to intensive speed mentoring, as well as hands-on workshops on the business model, product-market fit, experiment design, and sales.

December

After getting the business model and sales in order, startups are exposed to special topic dedicated weeks such as Geek Week, Marketing Week & Investor Week right before the Christmas break.

Investor exposure: December - January

Teams get broad exposure to Business Angels and VCs, with several opportunities to pitch at high profile regional startup events including Startup Day and TechChill.

Q1 2021

Mentoring intensity trails off in the last month of the program to allow teams to finally “do the real work”. The program officially finishes at the end of January.
Post-Program Support

After program care

Continued on-demand help will be provided from mentors and the Wise Guys Fintech team.

Accelerating in Lithuania

Don’t let this small Baltic country fool you – named as “one of Europe’s Most Exciting Fintech Hotspots” by Forbes and having taken the strategic positioning as “preferred gateway to EU payment market”, it has a lot to offer to early-stage startups, especially in the Fintech area. Besides, the startup ecosystem is friendly and buzzing with Fintech and tech events and has all important connections within a hands’ reach.
Lithuania is the only jurisdiction in the EU to have a special-purpose banking license, allowing the foundation of a bank with registered capital of just €1M EUR. Additionally, they’ve created a “newcomer banking licence package” for alternative tech banks, passed a P2P lending law to regulate the industry, and have launched a blockchain sandbox.
The Baltics overall rank on highest positions in terms of starting and ease of doing business. Just like in neighboring Estonia and Latvia, Lithuania as well has a special startup visa for non-EU founders. Although launched only in the middle of 2018, it has already opened doors for way above 300 applicants from outside the EU. For more perks on building a startup in Lithuania go to the Baltic Startup Scene Report.

Awesome Mentors

We have a deep network of 250+ mentors who are experts in their fields or founders of startups themselves. Here are some of our top Fintech mentors you will get the chance to meet and learn from at Wise Guys Fintech accelerator program.

Johan Lorenzen

Former CEO of Holvi (exited to BBVA)

Mārcis Goģis

Head of Product at Mintos

Gediminas Misevičius

Open Banking Partnership Manager at Swedbank Lietuvoje

Remco Veenenberg

Founder of Budapest AI and previously co-founded 2 digital health startups

And 250 more… Take a look

Team

Running an accelerator is a bit like running a sports camp! This is the kick-ass team that will keep you on track with KPIs, give constructive feedback and make your stay in Vilnius a life-changing experience!

Jone Vaituleviciute

Managing Director

Andra Bagdonaitė

Program Manager

Dmitrij Sosunov

Entrepreneur in Residence

Cristobal Alonso

CEO and batch energizer

And 10 more… Take a look

In collaboration with

Wise Guys Fintech 4 is the third accelerator program run in Lithuania by Startup Wise Guys as a part of the „Financial instrument „Accelerator fund”, financed by European Regional Development Fund (ERDF)”.

Applications Open

With more than 185 startup investments behind our back and a solid team of serial entrepreneurs and passionate mentors – we for sure have what it takes to help you speed up your business and scale internationally! Hit the button to the right and become a part of #SWGMafia already this autumn!