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. 30th till Nov. 1st 2019 (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

Saving & Sustainable Finance

Placing finance at the heart of modernity is a priority. How should be deal with investment? How should we innovate in financial research to foster a better capital allocation and optimize asset management strategies in the long run, and face the challenges of modern era? What are tomorrow’s saving, insurance and pension products?

Our partners have a keen interest in the following business segment:

  • Pension plans management,
  • Investment & Savings,
  • Sustainable Finance,
  • Pensions and the impact of Pacte Law,
  • Insurtech & Savings,
  • Creation and design of new products,
  • Innovative financial research & unconventional data

Finance & Mobility

Setting finance in its time (1st recruitment theme) is good… but it is worthy to set it in a territory and geography. Finance and insurance of tomorrow are those able to be with the citizen, the employee, the business collaborator all through the day, when he or she is moving, in his/her environment. Finance is a tool for every day. How can we modernize its uses so that individuals can make it theirs?

Our partners have a keen interest in the following business segment:

  • Finance, payment and mobility
  • Insurtech & mobility,
  • Mobiliy & Smart cities, a fintech perspective,
  • Fintech all along one’s life,
  • Expense management,
  • Mobility & Multi-wallet,
  • Collaborative payment experience (ex : bill sharing)

Operational efficiency & Compliance

The banking and insurance sector, as much as any business sector, is facing a massive need for modernization of its work methods. The dogma of automated and robotic finance has long lived. Today it is time to go back to the basics and develop tools that will increase productivity and virtual assistants for collaborators In order to improve their daily performances.

Our partners have a keen interest in the following business segment:

  • Productivity solution for business collaborators
  • KYB improvement,
  • Font-to-Back, Front-to-Front, Middle & Back Office,
  • Anti-fraud,
  • B2B & B2B2C virtual assistants,
  • RegTech (& MiFID II),
  • KYC,
  • Blockchain & operational efficiency
  • Analysis tool & financial data use and structure

Open Banking/Insurance & Retailisation

The global use of finance and insurance evolves following the regulatory framework and moves toward more openings. This raises new questions (about data notably) and leads to the creation of new actors that need to get in touch with the traditional sector.

  • Our partners have a keen interest in the following business segment:
  • Open banking & Open Insurance (Data/ IA/Actuarial science),
  • Artificial Intelligence : conception acceleration and implementation of new models
  • PSD2 and its impacts,
  • Open data in general, monetization and data protection
  • Retailisation and neobanks,
  • Which IT solutions to support tje ,etwork ?
  • Which data for which

 


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.