The two Bergen-based companies have been accepted in Mastercard and NFT Venture’s startup program, the Light House. They are among fifteen chosen companies from Norway, Denmark and Estonia. The companies have been chosen due to their proven ability to build innovative solutions that are scalable and impactful.
Cluster members Quantfol.io and DiggECard have proved that they have strong products, the ability to build innovation scalable and impactful solutions which fit a certain customer demand.
For Quantfolio, the opportunity to work in close collaboration with leading banks and financial institutions to strengthen the value proposition was a deciding factor to apply to the program.
As we provide robot / AI investment technology for banks and financial institutions, we see this program as a key opportunity to further harness our technology and to get valuable insights from the participating companies and help us further scale into new markets. And of course, having the opportunity to be on stage at Money 20/20 is not wrong either.
- Jan Skaathun, Commercial Director and Co-Founder of Quantfolio
- When we were asked to participate in the Mastercard Lighthouse program, one of the reasons for us to accept was that we have been researching and planning a possible solution using Mastercard technology for contactless payments with mobile gift cards since 2015, so this was an ideal situation to be in, says Olav Balandin, founder of DiggECard.
- To be a true global player in the gift card payments industry you need to find a way to be accepted all over the world. Mastercard already has this position and now the timing for contactless payments seems right. So, we are really looking forward to the next months working with Mastercard, taking our product to the next level of global scalability, says Balandin.
The two companies will be working on a tight schedule during the program, which will be concluded at Money 20/20 in Amsterdam this June.
Read more here: https://www.mclighthouse.com/news