Accelerator Frankfurt Newsletter (September 2018)

Accelerator Frankfurt launch event, October 2nd

Dear Friends and Colleagues, 

Accelerator Frankfurt is inviting its community to our launch event, which will be held in our new office location at MINDSPACE Frankfurt in the city center. A new batch of Fintech and Cybersecurity startups will be attending, as well as a few blockchain and post-ICO companies. We would like to thank our strategic partners, d-fine next, die firma, and Taylor Wessing and in Israel, atobe entrepreneurship center. For registration to the launch event, click here.

Best regards, 
Maria and Ram

Accelerator Frankfurt Newsletter – September 2018

Santiment Blockchain Hub in Frankfurt

The Santiment Blockchain hub was launched in Frankfurt two weeks ago as a partnership betweenSantiment (a successful crypto data insights provider) and Accelerator Frankfurt, which is running the hub. The vision is to build a place where like-minded people can collaborate and push blockchain to the next level. Accelerator Frankfurt has successfully been helping startups “connect the dots” and grow their business internationally. It is a natural move to concentrate on blockchain, as the technology has matured over the years and now we can see real use cases. To-date, blockchain companies have been reaching two out of three important stages: fundraising and product building; now it is time to scale-up and such startups can find the connections/partnerships through the Hub.

Korean startup wave, powered by Accelerator Frankfurt


Accelerator Frankfurt is launching its next curated program for South Korean startups. Eight selected startups from South Korea are making their way to Germany for a couple of intense weeks of mentoring and acceleration. The startups are in the fields of IOT, AI, BIG Data, Fintech, CybersecurityandThe program is in Smart Logistics.cooperation with Korea Business Development Center for Small & medium Business Corporations.

The objective is to promote cooperation opportunities between Korean and Europeanstartups, and to enhance the entrepreneurs’ success rate in establishing overseas business networks. Accelerator Frankfurt has been engaged for several years already with Korean entrepreneurs, most recently withNorma in 2017 – Wave 2, a startup that has raised double digit millions to-date and is developing wireless network and IOT security technology.

Blockchain in Real-Estate,
written by 
Ishay Tenster, Founder of Initech and mentor at Accelerator Frankfurt

Blockchain technology is all about decentralization and implementing decentralized systems in order to make things more transparent. When it comes to real estate, the industry is very old fashioned and virtually no large technological changes have been made in this area for centuries. In many parts of the world, real estate is very expensive, it’s hard to buy, and you cannot simply purchase a small section of a property. You need to buy the entire property in order to own it. Furthermore, because real estate registration operates on archaic systems, with ownership sometimes being marked on a piece of paper, it becomes very difficult to manage several owners or group ownership of a property. For this reason, smaller investors who don’t have much of a budget, and wish to buy a full property, would have to go to a broker or family office that would represent them. Subsequently, that representative would join a buying group of similar small investors, who would like to invest in the property. This model has several disadvantages.

So how can blockchain technology fix all of these problems? Blockchain technologies can create a new way to register properties. As we discussed in our previous talk, blockchain technology is a chain of blocks, in which each block (or node), contains an entire copy of the records. This means that if some node gets corrupted, the other nodes will still maintain the original copy, and the trust will be returned. This way, we can save tons of information in a very trustable manner because it’s transparent, public, everyone can check this information, and everyone can see who owns what property in the case of real estate. The other half of this equation is that, with blockchain, you can go and register real estate rights on small parts of properties so that you don’t need to own the entire property. This means that you now own a small part of a property directly without any 3rd party at all, and then you can share it, license it, sell it, or rent your rights.

These opportunities open up new models of business that we currently don’t even think about because they simply don’t exist at the moment. Therefore, I believe that the democratization and open secondary marketplaces in real estate could definitely revolutionize the industry, and blockchain is the perfect tool to make such a change.
Link to full article on Linkedin https://www.linkedin.com/pulse/blockchain-revolution-real-estate-ishay-tentser/

Maria Pennanen, CEO of Santiment Germany, will be speaking at the Hong Kong Fintech week on October 31st

Don’t miss Hong Kong Fintech Week between October 29 – November 2, Hong Kong – Shenzhen. BothSanitment and Accelerator Frankfurt will be present at this world’s first cross-border financial technology event, taking place in Hong Kong and Shenzhen. It’s one of the largest conferences on the calendar, attracting more than 8000 senior executives and featuring over 200 of the world’s top FinTech founders, investors, regulators, and academics, who are shaping the future of financial services by driving a technological revolution in the industry across Asia and globally. We will be presenting here.

Scouting for disrupting technologies
Accelerator Frankfurt is offering dedicated scouting for innovative technologies in the Israeli start-up scene. In our latest offering, we keep our partners up to date with information and solutions on a particular industry such as fintech, cybersecurity, blockchain etc. The service is part of our partnership with IVC Research, Israel’s leading source of research, which enables us to supply our clients accurate, comprehensive, and focused information on Israel’s High-Tech, Venture Capital and Private Equity industry as well as the leading startups. Please email ram@acceleratorfrankfurt.com for more information.

Recent Updates

Shield Financial Compliance, participated in our spring 2018 program and specializes in MIFID II solutions. Shield FC handles Digital Compliance (especially for MIFID II) technology and provides comprehensive record-keeping solutions for Financial Organisations. The product has been developed to support record-keeping regulations, data governance standards and best execution requirements for regulations. Shiran Weizman, CEO and Founder, is regularly in Frankfurt deploying the product. For more information, contact Ram or Shiran directly through sw@shieldfc.com.

Fintech Delegation Visit Israel 2018, October 17th-19th 
This is an ideal opportunity to get an accelerated overview of the Israeli ecosystem. We are assembling a delegation of investors, startups and other professionals who will fly from Frankfurt for a 3 days visit to the heart of the startup nation, Tel Aviv. Email us for more details.
Don’t miss Hong Kong Fintech Week
Come with us: October 29 – November 2, Hong Kong – ShenzhenHong Kong FinTech Week is the world’s first cross-border financial technology event, taking place in Hong Kong, Asia’s financial capital, and in Shenzhen, China’s Silicon Valley. It’s one of the largest conferences on the calendar, attracting more than 8000 senior executives and featuring over 200 of the world’s top FinTech founders, investors, regulators, and academics, who are shaping the future of financial services by driving a technological revolution in the industry across Asia and globally.
We will be presenting here.

About the Author

Ram Shoham

Ram Shoham is to Fintechs what George Martin was to the Beatles. He is the Founder of Accelerator Frankfurt with 16 years of international corporate experience in finance and general management before becoming an entrepreneur. Ram is also the Co-Founder of the Santiment Blockchain Hub, which is focused on building an ecosystem for promoting blockchain technologies and education in this sector. He learned from his pro-surfing career the importance of surrounding himself with passionate people and being in the right place at the time. Ram has excellent network contacts in Tel Aviv, the actual tech community hotspot in Israel.

Related Article

Donnerstag, 22.11.2018 by Ram Shoham
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Dear friends and colleagues,
On Monday the 26th of November, we welcome you to our office for another learning session on Crypto Trading Strategies. Expand your trading skills and understanding on cryptocurrencies with one of the top gurus in the space, Maksim Balashevich. Please register here or simply send me an email if you wish to join


Best regards, 
Ram
Mittwoch, 24.10.2018 by Maria Pennanen
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Some two hundred Artificial Intelligence (AI) enthusiasts from European national banks and ECB attended the conference in Frankfurt to learn about AI. Koenraad de Geest, the Director General of Information Systems at ECB, had the opening words and defused the commonly believed threat of mass unemployment caused by AI. The coming 4th industrial revolution will require some of us to reskill, but at the same time offers an amazing opportunity to take advantage of this new technology. Today, ECB uses Natural Language Processing (NLP) to analyze the markets perception on ECB’s communication. Additionally, ECB scraps data from the internet to predict inflation. The message was to embrace the new era and not to be threatened by the science fiction fear scenarios.
Mittwoch, 03.10.2018 by Ram Shoham
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Blockchain & Crypto Assets, plus Korean startups networking
 
Dear friends and colleagues,

Our community is once again gathering at the Santiment Blockchain Hub on October 24th, for an evening not to be missed. We strive to enrich our knowledge in the Blockchain and crypto field and want you to be part of this journey. Santiment is a global leader providing financial and crypto market data to investors, hedge funds and academia. Santiment’s data scientists are making regular discoveries in the crpyto space and are giving its community a close insight to such revelations. Join our coming meetup with Maksim Balashevic, CEO of Santiment, and moderated by the internationally renowned moderator, Mr. Peter Hopwood. If you are curious to keep learning, sign up here.

Best regards, 
Ram
Mittwoch, 12.09.2018 by Ishay Tenster
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So, how can blockchain be applied to real estate?

Blockchain technology is all about decentralization and implementing decentralized systems in order to make things more transparent. When it comes to real estate, the industry is very old fashion and virtually no large technological changes have been made in this area for centuries.
Mittwoch, 05.09.2018 by Maria Pennanen
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(Frankfurt am Main, 30.09.2018) Accelerator Frankfurt partners with Santiment (a successful crypto data insights provider) to set up the Santiment Blockchain Hub. The vision is to build a place where like-minded people can collaborate and to push blockchain to the next level. The Santiment Blockchain Hub, powered by Accelerator Frankfurt, will collaborate with different players in the blockchain ecosystem and academia will be a natural part of the hub. It will provide education in crypto assets and blockchain technology. The target is to create a viable self-sustainable blockchain ecosystem.
Dienstag, 03.07.2018 by Ram Shoham
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Dear friends and colleagues, 

Summer months are here already but we at Accelerator Frankfurt are continuing at full speed ahead. The 4th Wave Demo day is over with great success and achievements. Currently we are traveling extensively meeting new startups, investorsand mentors. We are preparing for our next Go-to-Market program, with a strong focus on Blockchain. Below we are happy to present our July newsletter edition. 

We are always happy to get your feedback and comments and would like to take this opportunity to thank all those who replied and advised.  

Yours,

Maria and Ram
Accelerator Frankfurt
Sonntag, 03.06.2018 by Ram Shoham
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Dear friends and colleagues, 

A few days before the 4th Wave Demo day (June 19) which reflects the work our startup has achieved throughout the Go-to-Market program, we are happy to present our June newsletter edition. Events' demos, meetings and mentoring occurred this month and we would like to share some of the events here. 

We are always happy to get your feedbacks and comments and would like to take this opportunity to thank all those who replied and advised.  
 

Yours,

Maria and Ram
Accelerator Frankfurt
Dienstag, 03.04.2018 by Ram Shoham
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Dear friends,

We are excited to present our April 2018 newsletter and share with you our recent activities as well as the coming events in our ecosystem. 
The past few weeks have been very intense with the launch of the 4th Wave of our Go-to-Market program. Also, we have participated in major global events and hosted workshops and meetups. We look forward to seeing you in our next activities as a growing and developing international startup ecosystem in Frankfurt. 

Save the date: Demo Day June 19th.
 

Yours,
 

Maria and Ram
Accelerator Frankfurt
Dienstag, 30.01.2018 by Maria Pennanen
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(Frankfurt am Main, 21.01.2018) Accelerator Frankfurt successfully completed its third wave. The startups Cogia (Big Data Analytics / Textmining, Germany), Cytegic (Automated Cyber Risk Officer, Israel), Enterpay (Fintech Payments, Finland), INNAAS (Fintech Digital Concierge, Italy), Robosig (FX AlgoTrading, USA) and Spobi (SportTech, Germany) with our wildcard from first wave Fenror7 pitched for a full house of 200 investors and bankers on 17th of January. The startups pitched in front of the distinguished international jury.
Dienstag, 01.08.2017 by Maria Pennanen
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(Frankfurt am Main, 01.08.2017) Accelerator Frankfurt https://acceleratorfrankfurt.com offers a “Go-to-Market Program” for later stage startups in need to accelerate their business development. Accelerator Frankfurt is a private initiative and works in close cooperation with the finance industry and SMEs in Germany.
Sonntag, 16.07.2017 by Maria Pennanen
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(Frankfurt am Main, 16.07.2017) Accelerator Frankfurt successfully completed its second wave. 
The startups Adjesty (Adtech, Israel), Aeroplan (Insurtech, Israel), AsiaFundManagers (Fintech, Germany), EcoKraft (Fintech, Germany), Norma (Cybersecurity, Korea), Smart Mile Solutions (Smart Cities, Netherlands) and Travel to Live (Traveltech, Canada/Sweden) pitched for a full house of 200 investors and interested stakeholders on 13th of July. The acceleration program condenses two years into four months.
Donnerstag, 29.06.2017 by Maria Pennanen
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ACCELERATOR FRANKFURT's second DEMO DAY! Come see our passionate entrepreneurs pitching together with our guests from VABN. We invite investors from Europe to participate!
​​

 
Dienstag, 20.06.2017 by Maria Pennanen
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After working with startups for years and running an accelerator program, I can confirm that the key to success is quite simple. Obviously after you read this article, my ‘secret sauce’ will not be a secret anymore, so why am I writing this? The reason is that what we have built in Accelerator Frankfurt, cannot be built overnight.
Dienstag, 13.06.2017 by Maria Pennanen
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Frankfurt is aiming to win a place as a startups hub in Germany and as a Fintech hub in Europe. Startups are often seen as the disruptors of businesses. The fear is that the use of modern technologies, such as Artificial Intelligence, Machine Learning and Big Data, will make most of the repetitive tasks automated and the people doing them today redundant. On the brighter side the new technologies enable companies find new business models and markets. Big corporates are starting to see the necessity to engage with startups and there are strong reasons why SMEs should do the same.
Mittwoch, 10.05.2017 by Maria Pennanen
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Six weeks ago Accelerator Frankfurt launched its second wave. Eight diverse startups joined us: three German (AsiaFundManagers.com, Travel to Live and EcoKraft), three Israeli (Adjesty, Aero-plan and Kensee), a Korean (Norma) and a Dutch company (Smart Mile Solutions) on board. Fintech is still our focus but being in Frankfurt we have seen the demand for Proptech, Cybersecurity, Machine-learning and Smart-city solutions that serve the corporates and medium size companies. We want to bring people with passion to Frankfurt to help the banks and corporates innovate and find solutions that solve their problems.
Sonntag, 02.04.2017 by Maria Pennanen
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(Frankfurt am Main, 02.04.2017) Accelerator Frankfurt’s second wave of startups began their four-month program on the 27th of March. The startups where presented during our Launch Event at our premises in the TechQuartier in Frankfurt.
Mittwoch, 22.03.2017 by Maria Pennanen
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Representing Frankfurt: Eric Menges, Ram Shoham, Sebastian Schäfer, Gerhard Kebbel, Peter Feldmann, Peter Buxmann, Jochen Biedermann and Uwe Becker. 
Mittwoch, 25.01.2017 by Maria Pennanen
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(Frankfurt am Main, 22.01.2017) Accelerator Frankfurt successfully completed its first program with a demo day on 16.01.2017 at TechQuartier. All the eight startups (Alyne, BeeEye, Cindicis, Fenror7, Pronteo, SchnellSpesen, SecuredTouch and Wroomer) that started the program in September, pitched during the final day of their acceleration program. The startups were in areas of FinTech, RegTech, Cyber Security, Predictive Analytics and FoodTech. During the program the startups matured and developed with good results. One of the Israeli startups has already secured a pilot with a German bank and several are in discussion of starting one. In addition, six of the startups have secured follow-on funding while the others will close their financing rounds in the coming weeks. “We are very happy with the results and also in achieving our KPIs: securing a pilot with a major bank and getting over 70% of our startups funded” says Maria Pennanen, co-founder of Accelerator Frankfurt.
Montag, 16.01.2017 by Maria Pennanen
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16.01.2017 the startups from Accelerator Frankfurt will have their Demo day @TechQuartier. They are joined by startups from our collaboration partners Deutsche Börse Venture Network Fintech Hub, Main Incubator GmbH and VABN (Aurelis real estate GmbH). We have a full house and the registration for the event is closed. However you can join the live streaming via Startupradio starting 15:50 CET.

A big thank you for our sponsors Deutsche Bank,  Main Incubator, VABN, PWC, Taylor Wessing and Accelerator Frankfurt for making this event possible.
Dienstag, 06.12.2016 by Maria Pennanen
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In the startup world we emphasize the importance of teams. Not without a reason; it is what makes or breaks a startup. Success depends on the ability of the team to work together under stressful conditions and still deliver results. Understanding your own and your team’s behavior and blind spots, facilitates finding a solution when a conflict occurs. Diversity is key for good teamwork and the fuel for innovation, however to change and to work in the best possible way requires effort.
Montag, 21.11.2016 by Maria Pennanen
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It’s about a year ago when I wrote my first blog wondering why Frankfurt, the banking centre of Germany, was not the startup hub for Fintech in Germany. In a year many things have materialised that moved the development to the right direction; some of them planned and some unforeseen. The catalyst for the planned events was the call from Minister Tarek Al-Wazir from the Hessen Ministry of Economy and Energy for different parties to present their concepts of how to build the Frankfurt FinTech Centre. The unplanned booster was the unexpected decision of UK to exit the EU, Brexit.
Donnerstag, 22.09.2016 by Maria Pennanen
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(Frankfurt am Main, 22.09.2016) Accelerator Frankfurt’s https://acceleratorfrankfurt.com first wave of startups have started their four month program on the 19th of September. The startups where presented during our Launch Event on Tuesday evening at our office in the Westhafen Tower.
Sonntag, 18.09.2016 by Maria Pennanen
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Accelerator Frankfurt’s https://acceleratorfrankfurt.com first wave of startups will start their four month program on the 19th of September. The first program will take place in an elevated setting at one of Frankfurt’s main skyscrapers Westhafen Tower.
Mittwoch, 29.06.2016 by Maria Pennanen
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Maria Pennanen, Mitbegründerin des Accelerator Frankfurt, spricht im Interview mit altii über den Nutzen von Accelerators für Startups, Investoren und etablierte Unternehmen, die Zukunft Frankfurts als FinTech Hub und den Ansatz des Accelerator Frankfurt.