Apiax Joins Swiss National Fintech Team 2018 for Roadshow Through New York
Selected by a prestigious jury to join the Venture Leaders Fintech tour in New York, Apiax was one of the Swiss startups that contributed to impress the US investors in this year’s edition.
Venture Leaders Fintech places the best Swiss Fintech startups in front of the most competitive market to pitch their business and forge connections leading to investment opportunities, strategic partnerships and customer contracts. The annual roadshow is organised by Venturelab and supported by digitalswitzerland, PostFinance, Walder Wyss, EPF Lausanne, ETH Zurich and the University of Zurich, providing a tremendous opportunity for every startup that wishes to achieve success at a global scale and is ready to scale up.
For our RegTech startup this is a logical step, as worldwide financial institutions aim for a solution that does not just allow to master regulatory complexity, but also empowers business development, which is exactly what we have to offer. Headquartered in Zurich, Apiax is based in the heart of one of the biggest financial centers in the world and has loads of first-hand experience in the industry, building powerful and flexible tools that help these institutions to create digital regulatory rules, integrated into their environments effortlessly and kept continually up to date.
Financial services are increasingly digitalised. Consequently, regulatory compliance — a core competence of all financial institutions — is in urgent need of digital transformation as well, in order to allow financial institutions to master complex financial regulations efficiently, freeing them to focus on business development and giving their customers great brand experiences.
Hence, the topic of regulatory technology is clearly international and this roadshow through New York was very important to get market exposure and meet major players in the finance industry, particularly from the insurance and banking services, who have to constantly deal with a tangle of red tape that only gets more complicated.
We embarked on this venture for a challenging week, held from September 16th to 22nd, with the leaders of the other selected startups that make part of the Swiss National Fintech Team 2018 — 3rd-eyes, AAAccell, ARCATrust, Enterprise Bot, IMburse, Investment Navigator, SHIFT Cryptosecurity, Switzerlend and Tradeplus24 — which have truly impressed the investors.
Beyond their enthusiasm regarding the presented ideas, investors were most impressed to meet entrepreneurs with real experience in the finance industry and overall with the remarkable track record that some of these companies have built already.
Eddie Lee of White Star Capital praised this year’s team, by saying, “I saw so many talented, exciting individuals presenting really phenomenal ideas that could change the world of fintech“. Vinny Pujji of Insight Venture Partners went even further, considering that “these businesses are huge, huge improvements on the average order of businesses that are typically raising series A. You’ve got founders with 10, 15, 20 years of industry experience, they know the pain points, they know how to sell to these institutions and really they have a much more conservative outlook on company building.”
Known as “the Big Apple” or “the City that Never Sleeps”, New York is considered a land of opportunity and it’s arguably one of the most economically powerful cities on the planet. Attracting more than $3 billion per year of investment, it has been the fastest-growing startup technology ecosystem in the US over the past decade.
That is why this intense one-week experience was key to build a solid network, which may not only result in venture capital negotiations but also in strong client connections, and to receive significant learnings from the financial services’ market experts. From the pitch training that we’ve received by pitchDNA to the Swiss pitch night at WeWork east village to pitching to multi-billion-dollar investors, we have really put ourselves to the test and proven to be ready to take the next steps to strengthen our vision and achieve success at a global scale.
Our RegTech startup is now more confident than ever that we will have a prominent role in the digital transformation of regulatory compliance and in a smarter future for financial regulations.
You can learn more about the Venture Leaders Fintech 2018 roadshow using the hashtag #vleadersFintech on social media. Visit our website to learn more about Apiax.
