Magic Wand

Fintech, Insurtech, Cybersecurity and Blockchain
Acceleration Program

About

An intense 5-month acceleration program designed by Digital Magics to get your company ready to scale. The accelerator team will provide founders with hands-on support to help them understand the fundamentals of their business, how to take on the market and get ready for investment.

Startups participating in the program will receive an investment up to 150 K€ together with access to qualified discussion with the program’s corporate partners. We are looking for startups in a range of areas impacting Fintech, Insurtech, Cybersecurity and Blockchain, operating in Italy and Europe.

Timeline

Why join the Program?

5-Months Acceleration Program

A program designed to help founders build successful scaling companies

Acceleration Investments 

A first 15 K€ cash investment by DM for the 6 startups that enter the final phase, aimed at enhancing metrics and showing investors your startup is ready for fundraising. Moreover, investment accelerates as you accelerate: the 4 best-performing startups will receive an additional 20 K€ cash investment around 30 days before the Investor Day

Lectures & Masterclasses

Advisor-led lectures and masterclasses held by C-level executives, covering all fundamentals from product economics to business development and fundraising, as well as insights on reference industries (e.g. SMEs segment)

DM Follow On

DM will invest at least additional 40 K€ cash (and up to 150 K€) in each startup that closes a funding round in the 9 months following the end of the program

Mentorship & strategic advisory

Weekly sessions with the accelerator team offer hands-on support to understand how to take on the market and get ready for investment

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Regulatory Assessment

Performed by highly skilled and well-experienced lawyers to understand how to make your project compliant with any applicable regulation (e.g. PSD2)

Post-Program Support

Financial advisory and deal-structuring services, especially to prepare and execute a fundraising round, also including (where appropriate) aided finance instruments (e.g. Smart&Start)

Investor Day

A dedicated event for meeting active investors in the industry, corporate subjects, mentors and members of the press

Top Corporate Partners

Working tables and potential for pilot projects/partnerships with the program’s corporate partners

Crowdfunding Investment

An investment vehicle will be setup in partnership with 200Crowd (and will raise funds through a crowdfunding campaign) to invest in the fundraising round of the 6 start-ups)

Co-Working Space

2 co-working desks at DM offices in Milan plus a hot desk at Fintech District building, the place-to-be for fintech startups in Italy

Perks & Discounts 

Exclusive partner deals from leading providers in technologies, payments, legal & compliance, insurance, human resources

Network and Community 

DM supported the growth of +300 founders that can offer valuable advice and collaboration. You would also have access to the Fintech District startup community as well as to an extensive network of investors and industry experts

Any questions? Meet our team

Magic Wand 2018 Fintech and Insurtech

Watch the video of the 2018 Batch – Magic Wand Fintech & Insurtech Excellence Accelerator!


Learn more

Partners


Technical partner
Media partner