Fintech Factory

Overview

Fintech Factory is a Norwegian accelerator program dedicated to supporting early-stage fintech startups. The program offers seed funding and mentorship to help entrepreneurs develop their products and achieve market fit. Fintech Factory operates from the House of Startups in the Telenor Area of Oslo, providing a collaborative environment for startups to thrive. The accelerator focuses on fintech and insuretech sectors, welcoming startups from around the world. Selected companies receive investments up to NOK 350,000 in exchange for 5-12% equity, with 30% of the investment allocated as a program fee covering housing and other costs. The program runs twice a year, each lasting 12 weeks, and includes access to a network of mentors, market experts, and seasoned entrepreneurs. Fintech Factory seeks passionate entrepreneurs with innovative ideas, early products, or scalable concepts aiming to accelerate development, find initial customers, and secure partnerships or investors. The program emphasizes collaboration and innovation, offering tailored support to meet the specific needs of each startup, and has a track record of investing in companies such as Enin, Zeipt, ValueCapture, and mInvoice.