Gardenia Technologies wins the NadiFin accelerator
The NadiFin Acceleration Program has 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,” comments Rupert Schneider, co-founder of Gardenia Technologies.
The winner start-up’s solution aims at improving profitability through data-driven advanced analytics and machine learning-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 fintech companies.
Pascal Bouvier, managing partner of MiddleGame Ventures and co-founder of NadiFin, adds: “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.”
Nasir Zubairi, CEO of the LHoFT, highlights: “The Nadifin program has provided a great launchpad for fintech firms wanting to scale in the EU market “.
“The program puts Luxembourg at the centre of the fintech map, and we can’t wait for the next season to begin,” concludes Kamel Amroune, CEO of Farvest Group, whose team is already working on a second edition of NadiFin.
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.