Do you offer an innovative service or technology related to the financial sector?

Apply now for Le Swave!

Fintechs, Insurtechs & Paytechs from all around the World, This is your home ! 

The Call for Projects is open from Sept. 18th till Nov. 9th 2018 (midnight – Paris Time)


    


Eligibility criteria

Eligible startups:

  • Being a young and innovative company founded less than 5 years ago
  • Being relevant within the themes covered by the call for proposal
  • Being in development phase or with a first distributed product

The following criteria will be assessed for every case :

  • The innovation brought by the project/product/service
  • The business development potential of the company
  • The business plan’s credibility and soundness
  • The match between the project and our corporate strategic goals
  • The quality of the team and its complementarity in business
  • The desire/commitment to rent workspace (closed offices or coworking spaces) inside Le Swave’s building

The goals of Le Swave

Le Swave is located in La Grande Arche, the most iconic building of La Défense’s business district, 10 minutes away from downtown Paris. Our 2 500 m² are divided between coworking spaces, private offices, living spaces and a showroom ; all remarkably connected to the financial sector ecosystem.

The objectives of Le Swave are:

Fostering the development of young and innovative start-ups of the financial sector. A special attention will be given to the entities in their 3rd year of existence and beyond for this first call for proposal.

Structuring and facilitating collaboration between corporate groups and start-ups on a dedicated platform. Le Swave is a connector. It organises the life of both corporate and start-ups ecosystems and works on creating a sustainable deal flow between them.

Creating excellence in the financial sector.

Leveraging on the expertise of Paris&Co’s network of private and institutional partners.

Being a catalyst of financial innovation in Europe and worldwide.


The platform targets four main lines of innovation

Behavioral finance & Know-your-customer

Any company needs to understand its clients and customer base. If you have innovative solutions that are likely to improve market insights about financial services users/clients’ behavior, your project interests us.

Any technological breakthrough improving the detection and interpretation of early market signals over the entire fintech/insurtech/paytech scope is welcome.

Here are a few (non-restrictive) examples :

- Predictive analysis & Security in Payment

- Internal/External data mining in insurance

- RegTech & GDPR / Committing customers to their personal data management

- Neurosciences applied to the insurer/customer relationship

- Bigger data/Machine-Learning applied to market mapping

- Social-network based trend detection- Improving scoring methodologies in banking and insurance companies

Customer experience / UX Design

In a competitive environment, corporate companies need to leverage on technology to improve the quality of their customer experience and make it a vector of differentiation. It is here question of working on relevant use-cases for final users of financial services.

All sub-sectors of financial services are welcome.

Here are a few (non-restrictive) examples :

- Blockchainization- IoT & Payment

- IoT & Insurance

- Augmented reality applied to Payment

- Platformization of banking and insurance services

- Gamification of the customer experience

- Instant payment

- LegalTech applied to finance

- Marketplace in insurance

- Improvement in the daily insurance/user relationship

- Insurance & Crypto-currencies : which use cases ?

- Blockchain use-cases

- KYC and business improvement

- Peripheral banking use (reinventing the banking and insurance business model)

- Transnational uses (Money transfer and X-border finance)

Inclusive finance

In a world facing many challenges, finance needs to look forward and be able to offer solution for a better tomorrow. Environmental and social responsibilities born by corporate companies should not be limited to a reporting constraint but instead be a way to do business, pragmatically, with no candor.

Candidates and applicants that are addressing this theme will be put in touch with Finance for Tomorrow and could be selected to be part of a side-event of the Climate Finance Day of November 28th 2018, dedicated to innovation.

Here are a few (non-restrictive) examples :

- Impact investing

- Banking services for smaller companies (SME, liberal profession, etc)

- Improving access to financial services for individuals in precarious situation

- Silver economy : expense management (mostly in healthcare)

- Implementation of Payment technologies in ill-equiped geographies (emerging countries, Third World, Fourth World, …) and specifically money transfer between North and South

- Climate finance

- Fintech for good

- Green Blockchain

- Collaborative economy : how to create social link while managing budget

- Mutualizing guarantees

- Improving personal finance management

Insurtech

In 2017-18, Le Swave grew stronger on the insurance side through its partnership with AG2R La Mondiale and Exton Consulting. Surfing on this wave, we made the choice, for this 2ndrecruitment campaign, to dedicate an entire axis of our selection to insurtechs. In 2016, 60% of world insurtech were located in the US and only 3% in France. Le Swave wants to rebalance the situation. 

 

- Insurance companies

- Life/non-Life Brokers

- Collaborative insurances, peer-to-peer projects

- Services to insurance and brokers (B2B2C models)

- Services to individuals and companies (Smart brokers)

- Sale assistant & Insurance comparator

- IoT & Insurance

- Roboadvisor & Insurance


How to apply?

Step 1: Submission of application

All you have to do is create an account on the Agorize platform and fill in the application form with a business plan or an executive summary.

During a call for applications, other complementary documents may be requested (administrative documents).

Step 2: Pre-selection and study of the file

Your application will be reviewed by the Swave team as well as by the platform partners.

Step 3: Switch to selection committee

You will present your project at a selection committee composed of:

  • partners of the platform;
  • external experts (entrepreneurs, financers, business experts ...);
  • a member of Paris & Co.

The application process, from filing to selection committee, can take up to 3 months and guarantees total confidentiality. Integration within the incubator is based on the available places in our premises located Grande Arche of Defense, 1 Parvis de la Defense 92044 Puteaux.

Paris & Co, a strong signal

Our selection process is fair and objective. Each file is submitted to the appreciation of various trades and partners, each representative on the selection committee having one voice without exception. The favorable or negative outcome of the committee will depend on the number of votes won in the jury. At the end of this process, 10% of the applicants on average are actually integrated.

Join the 45 startups present at Le Swave as well as the 300 young companies currently supported by Paris & Co.