After a successful round in Amsterdam, Holland FinTech and Frankfurt Main Finance joined forces again in Frankfurt for their second FinTech Matchmaking event. Both the Netherlands and Frankfurt boast a vibrant FinTech scene which makes for an ideal partnership in this international exchange between close neighbors. One of the main challenges for young start-ups is gaining exposure and expanding outside of their domestic markets. The successful Matchmaking event did not only facilitate exchange between participating entrepreneurs but also provided them with an introduction to potential cooperation partners and investors.
On November 25, 2016, more than eighty participants met at the Frankfurt offices of ING-DiBa, who also sponsored the event, to hear pitches from eighteen Dutch and German FinTechs. “Innovations arise when the best and most creative come together and learn from each other. That is why we are happy to support the event and look forward to the exchange,” says Željko Kaurin, Board Member at ING-DiBa. Also supporting the FinTech Matchmaking event was Hessen Trade & Invest. In between the two pitch sessions, the group was also given a tour of Frankfurt’s newly opened FinTech hub, Tech Quartier, and met with the hub’s director Dr. Sebastian Schäfer. The Tech Quartier is an important development for the FinTech ecosystem in Frankfurt and hopes to draw more FinTechs from abroad to the Financial Centre.
Pitching for the Frankfurt robo-advisor Vaamo, Co-Founder and Co-CEO Oliver Vins was quick to recognize the importance of these events for the local FinTech ecosystem. He explained after the event that, “it is always great to see the possibilities Frankfurt has to offer for FinTech companies as well as making international contacts. This is one of the many reasons why Frankfurt is such an ideal location for FinTechs.” Vins is happy to see Frankfurt’s ecosystem increasingly strengthening and attracting more cooperation with other countries. “Events like this help to steadily advance this exchange and always provide engaging contributions. We’re really happy to see more and more of these type of events being organized and to be able to take part as well.”
Based on the overwhelmingly positive feedback from all involved, Frankfurt Main Finance and Holland FinTech already have plans to continue the event series in 2017. Frankfurt Main Finance has a strong focus on creating partnerships and cooperating with other financial centres and joint FinTech events have begun to play a major role in these. To this end, Dr. Lutz Raettig, President of Frankfurt Main Finance, stated, “Many German FinTech companies have successfully established their business models in Germany and are ready to take steps to expand internationally. Through our partnerships with leading financial centres around the world, we are able to support these efforts and work to position the Financial Centre Frankfurt as an attractive destination for foreign FinTech companies. Fintech Matchmaking events like these are a great platform for these young start-ups.”