A breakthroughcredit-led challenger bank for the Balkans and emerging markets, has been accepted into the Fintech 5.0 growth program facilitated by Tech Nation.
Tech Nation is the UK’s leading network for ambitious tech entrepreneurs and the program itself is delivered as part of HM Treasury’s Fintech industry strategy to maintain the UK’s place as a global leader in the sector.
Now in its fifth year, the six-month program aims to help some of Britain’s most exciting and promising fintech companies accelerate their growth and scale rapidly both in the UK and abroad.
Mohamad Dabbas, Chief of Staff and Head of Investor Relations, said: « We are incredibly excited to have been accepted as part of this program as it will support our ambition to scale and our passionate goal of making financial products accessible to all at affordable prices ».
“The bespoke program is specifically designed to connect and create opportunities for founders through a series of breakout sessions, networking events with key stakeholders, and more. This core element of the Fintech 5.0 program will give Zvilo access to a larger network of 30 fintech companies spanning more than 10 sub-sectors, and as a result, we look forward to expanding our connections. »
The new cohort features several scale-ups within the industry that have proven their credibility as future fintech leaders. As part of the rigorous assessment process, companies must be in a development stage equivalent to seed or Series A, have a product in the market that is actively used and be based in the UK. You can read more about the cohort in Tech Nation’s press release: https://technation.io/news/.
Admir Imani, Chairman of Zvilo, said, “I am proud that Zvilo’s management team has a strong background in scalable lending, banking, technology development, equity and debt fundraising among many other talents. We are excited to join several other fintech companies as part of the Fintech 5.0 cohort, giving us access to like-minded entrepreneurs and peers within the start-up space, as well as international technology partners and a network of potential funders.
Notes to editors
Zvilo is a credit challenger bank for the Balkans and other emerging markets, offering low fees and providing seamless connectivity and affordable credit. Zvilo will be the first of its kind in the Western Balkans, its first market, where users have limited access to credit and are subject to the highest bank fees in Europe. Through innovative solutions, Zvilo plans to increase financial inclusiveness for the Balkans’ 21 million people, while also providing financial literacy for the roughly 40 percent left without a bank. Zvilo is set to become the leading digital financial platform offering both business and personal products through its dedicated app.
About Tech Nation
Tech Nation is the UK’s leading growth platform for tech scaleups. Tech Nation nurtures the growth of founders, leaders and growing companies so they can positively transform societies and economies; providing them with the coaching, content and community they need for their journey in designing the future. Tech Nation has years of experience facilitating and helping UK technology companies grow, both at home and abroad. Over 30 cohorts and 900 companies have successfully graduated from Tech Nation’s growth programs. Alumni include Skyscanner, Darktrace and Monzo, plus 3 of the UK’s ‘decacorns’; Revolut, Wise and Farfetch.