Spain

F10 and Alastria join forces to collaborate in the banking and insurance world by establishing a strategic partnership

December 15, 2020

F10 offers established banks and insurers the opportunity to future-proof their technology by working with startups in FinTech, RegTech, InsurTech, and DeepTech. Both entities are ready to collaborate in the banking and insurance sector to actively boost innovation as a driver of transformation in the business world. In this sense, F10 and Alastria seek to connect the world of startups, large companies, and investors by energizing the environment to generate and exchange knowledge and promote technological innovation.

F10 startups will benefit from this collaboration because of the value that blockchain brings to the future of finance. Nearly 50% of the participating companies from the latest incubation and acceleration programs designed, developed, and executed by F10, have been blockchain startups. F10 and Alastria will be scouting startups that have the best ideas for the development of blockchain technology-based products and services in the world of finance, while also contributing to the European goal of promoting a green and sustainable society.

For Montse Guardia, general manager of Alastria, the collaboration with F10 is another step in the strategy of the association to support existing talent in ideation, development, and use of decentralized technologies/blockchain creating bridges with the investment sector globally. "F10 is a great ally for Alastria that allows us to solidly open new spaces for innovation and excellent development opportunities for startups and projects that may arise from the universities in our ecosystem".

“We are thrilled to partner with Alastria to actively drive innovation in the banking and insurance sectors” says co-founder of F10, Andreas Iten. “With this alliance, F10 and Alastria will be able to offer Distributed Ledger Technologies (DLT) and Blockchain startups the possibility to grow their offer, connect with corporate partners, and win investment” Iten continues. “At F10 we believe the fastest route to innovation lies in early collaboration, that’s why we join forces with leading players in the ecosystem, such as Alastria, to increase our impact.”

About F10

F10 is where innovation meets industry, helping today's talent create tomorrow's technology. It is an ecosystem of startups, corporates, industry experts, and investors, with local hubs in Switzerland, Singapore, and Spain. Our mission is to stimulate worldwide collaboration to further innovation across industries. More than 2,500 startups offering solutions for the banking and insurance sectors from all over the world have applied to the programs in Zurich and Singapore to date.

If you are a leading corporate and ready to secure your place in tomorrow’s world, get in touch today to learn about the partnership options and how you can get involved with our ecosystem.

For more information, please visit: https://www.f10.global/

About Alastria

Alastria, a non-profit association that fosters the digital economy by promoting decentralized technologies/Blockchain It is one of the largest public-permissions and multi-sector consortia in the world, in terms of the number of members and diversity, which was created in Spain with a clear international vocation. It is currently made up of more than 500 partners of all sizes and sectors: companies (micro, small and large companies), the Academy (universities, business schools, training centers, technology, and science parks), and public administrations.

For more information, please visit: https://alastria.io

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