Wavenure in the UK thanks to the Global Startup Program

Wavenure has been selected as part of the Global Startup Program launched by the Italian Ministry of Economic Development and managed by ICE, which have identified a hundred or so emerging and innovative Italian startups and has supported them on a project of scale up and internationalisation. Giulio Massucci, founder of this fintech, tells the experience.

“We at Wavenure had the opportunity to participate in the acceleration programme in London, as we had selected the UK as a target country linked to our activity. The UK was already a very interesting market for us, both for its size and deep knowledge in the field of asset management and for its strong ecosystem in artificial intelligence” tells Massucci.

The accelerator that guided us was Startupbootcamp, one of the biggest fintech, insurtech and cybersecurity accelerators in the world. It’s clear that joining their ecosystem has allowed Wavenure to face the challenges and has given its team the tools to successfully face and win them. “The opportunity has been very interesting both for the contacts with potential investors that we are currently evaluating and for the development of a series of business relationships aimed at UK financial players and asset management companies with which we started to sign partnerships to apply our system of Artificial Intelligence and more specifically our AI investment coach Braino to the management of investment funds”.

The first edition of the GSP started in mid-July and ended in mid-October. “It was a pleasure for us to spend the summer months in a stimulating city like London. The experience we had was that of a sort of extremely guided study holiday aimed at vertical excellence in the field of fintech – explains Massucci – Clearly, the startups that lived the London experience with us had a different core business from fintech (medtech, circular economy, etc.) but the fact of representing the future of Italian startups in terms of innovation allowed us to verticalize the training and growth path. One of the things that has made the difference is the climate of cooperation and sharing that has been created with other startups. Both in terms of the training part and in terms of field experimentation, techniques and experiences gained by other companies. We believe that this path of sharing is also important to address the approach of growth, internationalization, team development and the skills needed to compete”.

Evaluating the experience Massucci tells that “This initiative gave us a broader view of what the opportunities are and how best to implement them and above all are already producing the first results. What we are working on is the launch of new product lines aimed at investors, not to mention all the events in which Wavenure will take part and all the new partnerships that have been created in recent weeks. We bring home a great deal of organisational wealth, know-how and a culture of doing business that has matured internationally and a plan for representation and expansion in the UK which, whether Brexit or not, remains one of the most interesting markets in the field of financial services and in asset management in particular”.

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Author: Tudor Sava

7 Gennaio 2020