The Financial Centre Frankfurt will soon honor outstanding FinTech companies with the FinTechGermany Award. FinTech and InsurTech companies with successful and promising business models will compete for the prize. The annual award, presented by Frankfurt Main Finance, Business Angels FrankfurtRheinMain and WM Gruppe (Börsen-Zeitung), will spotlight the German FinTech community and hopefully attract further investment. Top sponsors of the award are Deutsche Bank and Deutsche Börse. This coming September, the jury of FinTech experts and prominent representatives of the financial sector will evaluate applicants in four categories, seed/early stage, later stage, growth stage and foreign new entrant to Germany. The most important criteria considered will be financial viability, scalability and exit strategy.
Jury member and Executive Chairman of Frankfurt Main Finance, Dr. Lutz Raettig, welcomed the announcement of the award, “This award is the perfect addition to the Financial Centre Frankfurt’s FinTech landscape and the forthcoming FinTech Hub will also profit from attention from domestic and international investors. Frankfurt is an international Financial Centre that offers FinTech companies the optimal conditions for successful development and growth.”
Heading the jury is Andreas Lukic, Chairman of Business Angels FrankfurtRheinMain, who explains that the FinTechGermany Award is a positive signal in the context of the Frankfurt FinTech Center initiative. He explains, “The award creates the optimal environment for our efforts. Additionally, we have the opportunity to ease access to institutional capital and subsidies; as well as hopefully mobilizing private capital for FinTech companies.” The founder’s award will give provide FinTech and InsurTech companies access and visibility to investors at all levels as well as relevant feedback on the feasibility of their business models.
Business Angels FrankfurtRheinMain e.V. is the central forum for growing companies seeking investors and for mentoring private investors from across Germany. The organization sees itself as a patron for the youngest generation of businesses, particularly in the Rhine-Main Region and attempts to close the wide funding gap for innovators. Therefore, the network is active in politics, commerce and the community in order to strengthen Business Angels’ role as an integral supporter of entrepreneurs.
Contact Info for Business Angels FrankfurtRheinMain
Andreas Lukic, Chairman, firstname.lastname@example.org
Frank Müller, Managing Director, email@example.com
+49 (0)69 21 97 15 91, Börsenplatz 4, 60313 Frankfurt am Main