Recent Articles

Fintech & Insurtech Innovation Ecosystem Tenity Acquire Hackquarters

Nov 14, 2023 | By Startup Rise EU

Fintech & insurtech innovation ecosystem Tenity acquire Hackquarters. This strategic acquisition is an important step in the company’s growth strategy, creating powerful synergies in innovation program delivery and geographic reach.

Fintech & insurtech innovation ecosystem Tenity acquire Hackquarters. This strategic acquisition is an important step in the company’s growth strategy, creating powerful synergies in innovation program delivery and geographic reach.

The integration of Tenity and Hackquarters will further solidify the combined company’s ecosystem of hubs, scaling delivery across Europe, MENA, and APAC.

Read also - UK-based Accenture Acquire 6point6

Tenity’s and Hackquarters' vast experience and successes brings a stronger value proposition to all stakeholders. The company will offer an enriched network, presenting startups with greater opportunities and a broader geographic canvas.

RECOMMENDED FOR YOU

recomd
Funding
Berlin-based roclub Raises €4 Million in Seed Funding
Startup Rise EU
Apr 25, 2024
recomd
Funding
[Funding alert] Berlin-based Ecoligo Secures €11Million Funding
Startup Rise EU
Feb 29, 2024
recomd
France
[Funding alert] The start-up Wealthcome Secures €1 Million to Accelerate its Development in the Fintech/Wealthtech Market
Startup Rise EU
Nov 24, 2023

Andreas Iten, CEO and Co-Founder of Tenity said,"The landscape of corporate accelerators and incubators in Europe is highly fragmented, presenting unique challenges for corporates looking for the right partner, With the acquisition of Hackquarters, we see a remarkable opportunitiy to create additional value for our ecosystem and partners. Together, we can create synergies across geographies, foster knowledge transfer, and generate a powerful network effect. We're confident that Hackquarters is the perfect partner to achieve these goals."

Kaan Akin, Founder and CEO of Hackquarters, will transition into a vital leadership within Tenity as Managing Partner. Akin brings a wealth of knowledge and experience to the team that will play a crucial role in realizing the company's vision for a thriving, interconnected network of hubs. "I am thrilled to join Tenity and continue to drive forward our shared vision," said Akin. "Our combined strength presents a fantastic opportunity to accelerate the delivery of innovative solutions to our corporate partners and startups."

Financial services & fintech play a significant role in the global economy, and their impact is expected to grow steadily. As per BCG's data, the fintech sector currently accounts for 2% of the global financial services revenue, which stands at $12.5 trillion.

Read also - SUPPLYZ Rebrands as RESONIKS and Secures Investment from Kvanted

About Tenity‍

Tenity is a leading global innovation ecosystem and early-stage investor for FinTech & InsurTech, with hubs in Switzerland, Singapore, Nordics & Baltics and Spain. Its vision is to create the future of finance by accelerating tech startups, and connecting them with big business, investors and industry experts.

Read also - Chasse sur Rhône-based Recyc’ELIT Raises €3.2M in Funding

Since its inception in 2015, more than 280 tech startups have participated in Tenity programs, both at early- and growth-stage, which have attracted more than USD 370 Mio. in funding.

About Hackquarters‍

Hackquarters, based in London and Istanbul, is an award-winning Startup Accelerator and Corporate Innovation Partner, focused on fostering an innovative ecosystem where transformative ideas take flight. With over 114 programs and 50 startup accelerators under our belt since 2015.

Recommended Stories for You

story
Funding

[Funding alert] Nord Security Raises $100 Mn funding at a $3 Bn valuation

Startuprise Sep 28, 2023

story
Funding

Gorilla funding news – Belgium-based Gorilla Secures €23Million in Series B Round Funding

Startup Rise EU Jun 12, 2024

story
Funding

[Funding alert] France-based Cleantech Company mylight150 Secures €100M in Funding

Startup Rise EU Dec 4, 2023

story
Funding

[Funding alert] London-based Bloom Secures $10M in Seed Funding

Startup Rise EU Nov 18, 2023

story
Funding

[Funding alert] Georgian Martech Startup STORI Secures $500,000 in a Pre-Seed Round Funding

Startup Rise EU Feb 7, 2024

story
Funding

Fintech Startup Ageras Secures €82 Million in Funding – FUNDING NEWS

Startup Rise EU Apr 30, 2024