Microsoft Switzerland announced that it will be joining fintech incubator and accelerator F10 as an Innovation Partner to benefit from the latter’s ecosystem and support the upcoming fintech and insurtech startup scene at the start of 2022.
Microsoft joins other world-class financial institutions, consulting and tech firms to accelerate disruptive fintech, insurtech, regtech and deeptech innovations and empower collaborations.
Through this newly founded partnership, Microsoft will contribute to F10’s ecosystem to foster the exchange with fintech startups around the latest trends, ideas, talents, and investment opportunities.
Microsoft empowers financial services institutions by bringing together existing and new industry capabilities to deliver a more seamless, customised experience, while ensuring regulatory data residency aspects with their data centers in Switzerland.
Microsoft has been supporting tech startups in accelerating their growth trajectory by offering them access to Microsoft technologies and tools, technical support and mentorship.
Additionally, Microsoft helps startups to scale up by connecting them with its customer and partner ecosystem.
“As part of our own transformation, Microsoft is creating industry specific innovation & transformation platforms including the Cloud for Financial Services. A key element of this bringing innovative fintech offerings to our worldwide banking & insurance customers.
Therefore, working with a leader in the fintech space like F10 is a fantastic opportunity to connect to and being partnering with the next generation of innovators in financial services.”
said Christian Thier, Head of Financial Services & Insurance at Microsoft Switzerland.
“Partnering with F10 was a very natural step for both sides. Microsoft has done a lot for startups in Switzerland and with the increasing relevancy of cloud computing for many banks will become even more relevant.
We are very excited and are looking forward to support startups together and help them boost innovation in the financial industry,”
said Marc Hauser, Head of F10 Switzerland.