The start-up accelerator Digital Magics has announced the six winning groups of the "Magic Wand" program, dedicated to the best young and dynamic startups in the Fintech and Insurtech sectors.
The six winners – #InvestFT, Axieme, Coverholder, DIAMAN Tech, Moneymour and MyCreditService – achieved all the objectives and performances set after the first two months of work and, presenting winning strategic business plans, were awarded a second loan of 15 thousand euros. The next step in the program includes 6 months of mentorship and participation in the Magic Wand investor day, an event attended by the most important international and Italian investors.
The initial objective of Magic Wand is the innovation of the finance and insurance sector, leveraging on the numerous partnerships on which the program can count: Bnl, Creval, Innovation Center of Intesa Sanpaolo, Poste Italiane, Innogest, SellaLab, SisalPay , Società Reale Mutua di Assicurazioni and Ubi Banca. It was the partners themselves who chose, after a careful evaluation of the projects, the six winning startups.
The founders of the selected startups were able to take advantage of over 100 hours of digital training from experts in finance, marketing, interfaces and digital platforms.
The six winning groups will continue to be followed by 10 Magic Wand partners, by liars and advisors who will explore all the main issues aimed at the growth of the various businesses in the European and world markets.
