The Wellstreet Fintech Loft is a new investment program in collaboration with Amazon Web Services (AWS) targeting entrepreneurs and early stage startups within financial technology (fintech), regulatory technology (regtech), insurance technology (insurtech) as well as businesses with enhanced usage of blockchain and AI. The program provides startups with hands-on guidance and mentorship, monetary investments, and access to the latest cloud technologies and expertise from AWS, all based on Wellstreet’s current startup methodology.
Wellstreet has previously been part of investing in and building Fintech startups like Regily, Habity and Steven. The program runs over 6 months and the structure is hosted at The Factory and operated by a dedicated team together with support from Wellstreet, AWS and Major & Direct Banks.
Open up for production We offer strategic and operational fintech-related knowledge and services
- market analysis
- business modeling
- legal, compliance and regulatory directives
- financial planning
The portfolio will be a mix of
- Investments (typical cash/resource investment on the back of the program)
- Builds (ideas/thesis from the bank or Wellstreet validated in a pre-study)
Startups joining the new program will have access to seed funding, mentorship from Wellstreet and selected venture partners as well as industry knowledge and structure capital from a banking partner and guidance from selected niche players and other executives and experts in the industry. AWS experts will be based in the Wellstreet Fintech Loft and will provide technical guidance and support to the startups helping them build their business in the cloud by leveraging the latest secure cloud technologies such as blockchain, data analytics services, machine learning, and many more. Startups will also benefit from AWS Activate, which provides access to AWS credits, training and support.
Wellstreet Fintech Loft features one-on-one sessions and tailored workshops, seminars and events on everything related to building a successful business from employment and cultural topics to managing changing regulation, compliance, and dealing with data security.
The application process is open. Entrepreneurs or existing fintech startups can submit their application at any point in time.