On July 12th, the founders of the NadiFin Acceleration Program reunited at the LHoFT announced that Gardenia Technologies was voted by its cohort peers as the winner of the 2019 program, paving the way for a €100,000 investment from MiddleGame Ventures.
"The NadiFin delivered invaluable tools and advice, given by some high-calibre and very experienced venture capitalists and fellow entrepreneurs, to make these purposeful strategic objectives realisable and impactful." commented Rupert Schneider, Co-Founder of Gardenia Technologies. The startup's solution aims at improving profitability through data-driven advanced analytics and ML-driven working capital finance and risk management.
The unique curriculum featured two one-week sessions in Luxembourg and Dublin integrating commercial partners, investors, and financial services mentors to help the selected cohort of leading global fintech companies to achieve the next level of investment and commercial traction. As explained by Pascal Bouvier, Managing Partner of MiddleGame Ventures and Co-Founder of NadiFin: "We are delighted with NadiFin’s first year. The cohort was exceptionally strong, all sponsors fully engaged, as well as the Luxembourg and Irish ecosystems. The competition was as fierce as the collaboration between all startups was rich and deep and it is a testament to the power of the model that the cohort peers voted Gardenia Technologies the top startup. Congratulations to Rupert ... and to all the participants who made NadiFin such a success".
Also commenting on the launch of the NadiFin Acceleration Program, Nasir Zubairi,CEO of the LHoFT, highlighted: “After two great sessions in Luxembourg and Dublin, it is a great pleasure to welcome back the NadiFin cohort to the LHoFT to close the programme and announce the winner of the first edition of the NadiFin Acceleration Program, Gardenia Technologies. Thank you to all the participating Fintechs, the partners and the sponsors. The Nadifin program has provided a great launchpad for Fintech firms wanting to scale in the EU market ".
Program partners for the first-ever NadiFin Fintech Accelerator Program included Pictet, FUCHS, Telindus, Arendt, Enterprise Ireland, the Banking and Payments Federation of Ireland, Grant Thornton, WeWork Labs, Amazon Web Services, and Stripe.
"Thanks to all the innovative startups, international mentors and of course expert partners, we were able to build a unique program to support the development of young companies that aim to redefe the world of finance. The program also puts Luxembourg at the center of the Fintech map, and we can't wait for the next season to begin." concluded Kamel Amroune, CEO of Farvest Group, whose team is already working on a second edition of NadiFin.